Product Code: ETC5533986 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The IoT connectivity market in Bosnia and Herzegovina is expanding as the number of connected devices continues to rise. IoT connectivity solutions enable devices to communicate and share data across networks. The market is driven by the increasing adoption of IoT solutions in sectors such as agriculture, healthcare, and transportation. The deployment of advanced connectivity technologies, including 5G, NB-IoT, and LoRaWAN, and the growing focus on building smart infrastructure are key factors contributing to the growth of the IoT connectivity market in the country.
The IoT connectivity market in Bosnia and Herzegovina is driven by the expanding use of IoT devices across various industries, including healthcare, manufacturing, and transportation. The need for seamless and reliable connectivity solutions to support the growing number of connected devices is a significant driver. Additionally, advancements in wireless communication technologies and the rollout of 5G networks contribute to market growth.
Challenges in the IoT connectivity market include limited network infrastructure and the high cost of establishing reliable connectivity solutions. Bosnia and Herzegovina`s telecommunications infrastructure is still developing, which poses a barrier to the widespread adoption of IoT technologies. Additionally, the market faces challenges related to network security, with concerns about the vulnerability of connected devices to cyberattacks.
To enhance IoT connectivity, the government has rolled out initiatives to expand broadband and 5G networks across the country. Policies include subsidies for telecom operators, investments in infrastructure, and regulatory frameworks to manage spectrum allocation effectively. The aim is to provide reliable and widespread connectivity to support the growing IoT ecosystem.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bosnia and Herzegovina IoT Connectivity Market Overview |
3.1 Bosnia and Herzegovina Country Macro Economic Indicators |
3.2 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, 2021 & 2031F |
3.3 Bosnia and Herzegovina IoT Connectivity Market - Industry Life Cycle |
3.4 Bosnia and Herzegovina IoT Connectivity Market - Porter's Five Forces |
3.5 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume Share, By Application Areas, 2021 & 2031F |
3.7 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Bosnia and Herzegovina IoT Connectivity Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bosnia and Herzegovina IoT Connectivity Market Trends |
6 Bosnia and Herzegovina IoT Connectivity Market Segmentations |
6.1 Bosnia and Herzegovina IoT Connectivity Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By Platform, 2021-2031F |
6.1.3 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By Services, 2021-2031F |
6.2 Bosnia and Herzegovina IoT Connectivity Market, By Application Areas |
6.2.1 Overview and Analysis |
6.2.2 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By Building & Home Automation, 2021-2031F |
6.2.3 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By Smart Energy & Utility, 2021-2031F |
6.2.4 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By Smart Manufacturing, 2021-2031F |
6.2.5 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By Connected Health, 2021-2031F |
6.2.6 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By Smart Retail, 2021-2031F |
6.2.7 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By Smart Transportation, 2021-2031F |
6.3 Bosnia and Herzegovina IoT Connectivity Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3.3 Bosnia and Herzegovina IoT Connectivity Market Revenues & Volume, By SMEs, 2021-2031F |
7 Bosnia and Herzegovina IoT Connectivity Market Import-Export Trade Statistics |
7.1 Bosnia and Herzegovina IoT Connectivity Market Export to Major Countries |
7.2 Bosnia and Herzegovina IoT Connectivity Market Imports from Major Countries |
8 Bosnia and Herzegovina IoT Connectivity Market Key Performance Indicators |
9 Bosnia and Herzegovina IoT Connectivity Market - Opportunity Assessment |
9.1 Bosnia and Herzegovina IoT Connectivity Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Bosnia and Herzegovina IoT Connectivity Market Opportunity Assessment, By Application Areas, 2021 & 2031F |
9.3 Bosnia and Herzegovina IoT Connectivity Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Bosnia and Herzegovina IoT Connectivity Market - Competitive Landscape |
10.1 Bosnia and Herzegovina IoT Connectivity Market Revenue Share, By Companies, 2024 |
10.2 Bosnia and Herzegovina IoT Connectivity Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |