Global Internet of Things (IoT) Connectivity Market to Reach $20.3 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Internet of Things (IoT) Connectivity estimated at US$6.2 Billion in the year 2020, is projected to reach a revised size of US$20.3 Billion by 2027, growing at a CAGR of 18.4% over the analysis period 2020-2027. Platform, one of the segments analyzed in the report, is projected to record 19% CAGR and reach US$14.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 17.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 17.7% CAGR
The Internet of Things (IoT) Connectivity market in the U.S. is estimated at US$1.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.5 Billion by the year 2027 trailing a CAGR of 17.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.5% and 15.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.5% CAGR.Select Competitors (Total 167 Featured) -
- AT&T
- Aeris
- Cisco Jasper
- Emnify
- Ericsson
- Hologram
- Huawei
- Moeco
- Orange Business Services
- Particle
- Sierra Wireless
- Sigfox
- Telefónica
- Telit
- Verizon Enterprise Solutions
- Vodafone
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Frequently Asked Questions about the Global Market for Internet of Things (IoT) Connectivity
What is the estimated value of the Global Market for Internet of Things (IoT) Connectivity?
The Global Market for Internet of Things (IoT) Connectivity was estimated to be valued at $6.2 Billion in 2020.
What is the growth rate of the Global Market for Internet of Things (IoT) Connectivity?
The growth rate of the Global Market for Internet of Things (IoT) Connectivity is 18.5%, with an estimated value of $20.3 Billion by 2027.
What is the forecasted size of the Global Market for Internet of Things (IoT) Connectivity?
The Global Market for Internet of Things (IoT) Connectivity is estimated to be worth $20.3 Billion by 2027.
Who are the key companies in the Global Market for Internet of Things (IoT) Connectivity?
Key companies in the Global Market for Internet of Things (IoT) Connectivity include AT&T, Aeris, Cisco Jasper, Emnify, Ericsson, Hologram, Huawei, Moeco and Particle.
| Report Attribute | Details |
|---|---|
| No. of Pages | 156 |
| Published | October 2022 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 6.2 Billion |
| Forecasted Market Value ( USD | $ 20.3 Billion |
| Compound Annual Growth Rate | 18.5% |
| Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Internet of Things (IoT) Connectivity - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 2: World 7-Year Perspective for Internet of Things (IoT) Connectivity by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
- Table 3: World Recent Past, Current & Future Analysis for Platform by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 4: World 7-Year Perspective for Platform by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 5: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 6: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 7: World Recent Past, Current & Future Analysis for Building & Home Automation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 8: World 7-Year Perspective for Building & Home Automation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 9: World Recent Past, Current & Future Analysis for Smart Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 10: World 7-Year Perspective for Smart Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 11: World Recent Past, Current & Future Analysis for Smart Grid & Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 12: World 7-Year Perspective for Smart Grid & Utilities by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 13: World Recent Past, Current & Future Analysis for Smart Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 14: World 7-Year Perspective for Smart Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 15: World Recent Past, Current & Future Analysis for Connected Health by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 16: World 7-Year Perspective for Connected Health by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 17: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 18: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 19: World Internet of Things (IoT) Connectivity Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
UNITED STATES
- Internet of Things (IoT) Connectivity Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
- Table 20: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 21: USA 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 22: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 23: USA 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
CANADA
- Table 24: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 25: Canada 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 26: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 27: Canada 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
JAPAN
- Internet of Things (IoT) Connectivity Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
- Table 28: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 29: Japan 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 30: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 31: Japan 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
CHINA
- Internet of Things (IoT) Connectivity Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
- Table 32: China Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 33: China 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 34: China Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 35: China 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
EUROPE
- Internet of Things (IoT) Connectivity Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
- Table 36: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 37: Europe 7-Year Perspective for Internet of Things (IoT) Connectivity by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
- Table 38: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 39: Europe 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 40: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 41: Europe 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
FRANCE
- Internet of Things (IoT) Connectivity Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
- Table 42: France Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 43: France 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 44: France Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 45: France 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
GERMANY
- Internet of Things (IoT) Connectivity Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
- Table 46: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 47: Germany 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 48: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 49: Germany 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
ITALY
- Table 50: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 51: Italy 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 52: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 53: Italy 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
UNITED KINGDOM
- Internet of Things (IoT) Connectivity Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
- Table 54: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 55: UK 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 56: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 57: UK 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
REST OF EUROPE
- Table 58: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 59: Rest of Europe 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 60: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 61: Rest of Europe 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
ASIA-PACIFIC
- Internet of Things (IoT) Connectivity Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
- Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 63: Asia-Pacific 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 64: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 65: Asia-Pacific 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
REST OF WORLD
- Table 66: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 67: Rest of World 7-Year Perspective for Internet of Things (IoT) Connectivity by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 68: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) Connectivity by Application - Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 69: Rest of World 7-Year Perspective for Internet of Things (IoT) Connectivity by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Transportation, Smart Grid & Utilities, Smart Manufacturing, Connected Health and Other Applications for the Years 2021 & 2027
Companies Mentioned
A selection of companies mentioned in this report includes:
- AT&T
- Aeris
- Cisco Jasper
- Emnify
- Ericsson
- Hologram
- Huawei
- Moeco
- Orange Business Services
- Particle
- Sierra Wireless
- Sigfox
- Telefónica
- Telit
- Verizon Enterprise Solutions
- Vodafone
