The entire Internet of Things value chain consists of hardware that comprises of sensors, modules, and devices that sense and process real world information and network operators, service providers and software providers built on top of the hardware component so as to provide underlying service for effective communication. This research deliverable focuses on the many technological trends that drive the demand for specific equipment which are used to test and monitor the entire IoT infrastructure. The deliverable also provides a market share analysis of the most prominent participants in this market, as well as a detailed "Strength-Weakness'Opportunities-Threat" analysis by individual participants.