Global Internet of Things (IoT) Communication Protocol Market to Reach $24 Billion by 2030
The global market for Internet of Things (IoT) Communication Protocol estimated at US$17.1 Billion in the year 2022, is projected to reach a revised size of US$24 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Wi-Fi, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Bluetooth segment is readjusted to a revised 5.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $5 Billion, While China is Forecast to Grow at 4.1% CAGR
The Internet of Things (IoT) Communication Protocol market in the U.S. is estimated at US$5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2030 trailing a CAGR of 4.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.Select Competitors (Total 36 Featured) -
- Atmel Corporation
- Ceva, Inc.
- Enocean GmbH
- Gainspan Corporation
- Mediatek Inc.
- Mindtree Ltd.
- NXP Semiconductors N.V.
- Stmicroelectronics N.V.
- Synopsys, Inc.
- Texas Instruments Inc.
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atmel Corporation
- Ceva, Inc.
- Enocean GmbH
- Gainspan Corporation
- Mediatek Inc.
- Mindtree Ltd.
- NXP Semiconductors N.V.
- Stmicroelectronics N.V.
- Synopsys, Inc.
- Texas Instruments Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 17.1 Billion |
Forecasted Market Value ( USD | $ 24 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |