Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Iran IoT market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as IoT. The study includes market forecasting, which wouldenableourclientstotakebetter decisionswhileplanningtheir strategy to achieve sustainabilityin Iran IoT market. Methodology Followed forCalculation of Market Size: • MarketSize byValue & Volume: Market size, in terms of value & volume, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as IoT companies, channel partners, end users, industry experts, and other industry participants. • The team interviewed more than 40 – 50 IoT companies, 180 – 200 end users, and 15 – 20 Industry experts and other value chain stakeholders in Iran IoT market to obtain the overall market size from 2016-2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data from 2016-2020. • Respondents were asked about the current and future market growth rates, market shares by component, by type, by application, by platform, by each region and by company. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. • component 9