IoT in Manufacturing Market - Global Forecast 2025-2030

The industrial IoT in manufacturing market is undergoing a rapid transformation, as connected devices, advanced analytics, and integrated services drive efficiency, resilience, and new value creation across global operations. Senior decision-makers can leverage these insights to align technology adoption with organizational strategies and futureproof manufacturing investments.

Market Snapshot: IoT in Manufacturing

The IoT in manufacturing market grew from USD 69.31 billion in 2024 to USD 74.38 billion in 2025. Continuing at a CAGR of 8.00%, it is projected to reach USD 110.03 billion by 2030. This upward trajectory reflects strong adoption of sensor-driven solutions, scalable connectivity, and digital transformation initiatives among manufacturers worldwide.

Scope & Segmentation

• Component: Actuators, cameras & vision systems, connectivity modules, controllers, gateways & edge devices, robotic systems, sensors, managed services, professional services, analytics & visualization, application management, data management, device management, network management, smart surveillance.
• Manufacturing Types: Discrete manufacturing (high-volume, low-volume), process manufacturing (batch, continuous).
• Connectivity: Wired (Ethernet, fieldbus), wireless (Bluetooth, cellular—4G LTE, 5G, near field communication, satellite, Wi‑Fi, Zigbee).
• Deployment Modes: Cloud-based, on-premises.
• Organization Size: Large enterprises, small & medium-sized enterprises.
• Applications: Condition monitoring (thermal, vibration), digital twin & simulation (product, system), energy management, inventory & asset tracking, predictive maintenance, production monitoring, safety & compliance.
• End-Use Industries: Aerospace & defense, automotive, chemicals, consumer goods, electronics & semiconductors, food & beverage, metals & mining, oil & gas, pharmaceuticals & biotechnology, textiles.
• Regions: Americas (United States, Canada, Mexico, Brazil, Argentina, Chile, Colombia, Peru), Europe, Middle East & Africa (United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland, United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel, South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan).
• Leading Companies: ABB Ltd., Accenture PLC, Atos SE, Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., GE Vernova by General Electric Company, HCL Technologies Ltd., Hewlett Packard Enterprise Development LP, Hitachi Ltd., Huawei Technologies Co., Ltd., Intel Corporation, International Business Machines Corporation, Litmus Automation Inc., Microsoft Corporation, NTT DATA Group Corporation, Oracle Corporation, PTC Inc., Robert Bosch GmbH, Rockwell Automation, SAP SE, Schneider Electric SE, Siemens AG, TATA Consultancy Services Limited, Telefonaktiebolaget LM Ericsson, Wind River Systems, Inc. by Aptiv PLC, Amazon Web Services, Inc., Honeywell International Inc., Emerson Electric Co.

Key Takeaways for Decision-Makers

• Adopting industrial IoT solutions enables real-time operational control, reducing downtime and elevating manufacturing safety and resilience.
• Manufacturers are shifting from isolated pilots toward fully scaled IoT deployments, requiring integrated hardware, robust connectivity, and disciplined data management.
• Strategic investment in modular architectures and interoperability ensures future-proofing against evolving regulatory, operational, and supply chain demands.
• Collaborative partnerships with technology providers and systems integrators accelerate deployment and support continuous improvement through analytics and digital twins.
• Cross-functional governance and upskilling operations and IT teams are essential to sustaining IoT benefits and maintaining cybersecurity standards.

Tariff Impact on Hardware Procurement & Sourcing

Shifting tariff dynamics are prompting manufacturers to reconsider supply chain strategies for IoT hardware and connectivity components. Teams are diversifying supplier relationships, exploring regional sourcing, and favoring modular product designs to mitigate cost volatility and maintain delivery reliability amid evolving trade policies. These approaches also support adaptable procurement practices and reduce risk during market disruptions.

Methodology & Data Sources

This report synthesizes insights from expert interviews, technical evaluations, scenario-based analysis, and primary research across relevant manufacturing domains. Findings were cross-validated and reviewed with domain specialists to ensure actionable, operationally relevant recommendations.

Why This Report Matters

• Provides actionable guidance for aligning organizational IoT investments with measurable manufacturing outcomes and risk mitigation strategies.
• Supports leadership in selecting scalable, interoperable technologies while navigating regulatory constraints and regional deployment trends.
• Empowers supply chain, IT, and manufacturing executives to leverage market intelligence for futureproof planning and competitive differentiation.

Conclusion

The IoT in manufacturing industry is steadily evolving into a highly connected and intelligent ecosystem. Aligning technology, organizational practices, and governance will help leaders harness sustained productivity and resilience gains across global manufacturing operations.

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