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IoT Market: Global Opportunity Analysis and Industry Forecast, 2024 - 2034

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    Report

  • 256 Pages
  • May 2025
  • Region: Global
  • Allied Market Research
  • ID: 6119899
The IoT market was valued at $1.42 trillion in 2024 and is estimated to reach $5.37 trillion by 2034, exhibiting a CAGR of 14.1% from 2025 to 2034.

Internet of Things (IoT) describes the network of physical objects that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. These devices range from ordinary household objects to sophisticated industrial tools. Over the past few years, IoT has become one of the most important technologies of the globe. IoT devices share data that is collected by IoT sensors or other edge devices where data is sent to the cloud server to be analyzed. These devices further communicate with other related devices and act on the information they get from one another. The devices do most of the work without human intervention, although people can interact with the devices.

The growth of the IoT market is majorly driven by development of wireless networking technologies, increase in cloud platform adoption, and advent of advanced data analytics & data processing drives. However, data security & privacy concerns and high implementation & maintenance cost of IoT devices restrain the growth of the market globally. On the contrary, reduction in cost of connected devices and IoT traction among SMEs is expected to create lucrative opportunities for the expansion of the IoT market, globally.

The Internet of Things (IoT) is playing a key role in the transformation by helping companies improve profitability and optimize working capital. Through IoT, organizations seamlessly connect machinery and administrative systems via high-speed internet, enabling more streamlined and effective operations.

Moreover, IoT is expected to witness more adoption and usage in future, as it allows organizations to improve their performance and productivity. In addition to enhancing operational efficiency, the IoT market plays an essential role in enabling data-driven innovation. By continuously collecting and transmitting data from connected devices, IoT ecosystems empower organizations to gain actionable insights into user behavior, equipment performance, environmental conditions, and supply chain activities. These insights not only improve productivity and service delivery but also open avenues for the creation of new revenue streams through predictive analytics, automation, and personalized services. Thus, the IoT market is experiencing rapid expansion, driven by technological advancements, increased adoption across industries, and supportive regulatory frameworks.

Segment Overview:

The IoT market is segmented into component, deployment, application, and region. By component, the market is divided into solution and service. Depending on deployment, it is segregated into on-premise and cloud. On the basis of application, it is bifurcated into commercial and industrial. The industrial segment is further divided into retail & ecommerce, energy & utilities, healthcare, transportation & logistics, manufacturing and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the IoT market include Amazon Web Services, Inc., Robert Bosch GmbH, Hewlett Packard Enterprise Development LP, IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Siemens AG, Telefonaktiebolaget LM Ericsson, ABB Ltd., Qualcomm Technologies, Inc., Zebra Technologies Corp, Thales, Advantech Co., Ltd., Hitachi, Ltd., Samsung SDS Co Ltd, Huawei Cloud Computing Technologies Co., Ltd., Alphabet (Google Inc.), and Armis Inc.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the iot market analysis from 2024 to 2034 to identify the prevailing iot market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the iot market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global iot market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

  • Quarterly Update and* (only available with a corporate license, on listed price)
  • 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
  • Free Upcoming Version on the Purchase of Five and Enterprise User License.
  • 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
  • 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
  • Free data Pack on the Five and Enterprise User License. (Excel version of the report)
  • Free Updated report if the report is 6-12 months old or older.
  • 24-hour priority response*
  • Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

  • Technology Trend Analysis
  • New Product Development/ Product Matrix of Key Players
  • Regulatory Guidelines
  • Strategic Recommedations
  • Additional company profiles with specific to client's interest
  • Additional country or region analysis- market size and forecast
  • Expanded list for Company Profiles
  • Historic market data
  • List of customers/consumers/raw material suppliers- value chain analysis
  • Market share analysis of players at global/region/country level
  • SWOT Analysis

Key Market Segments

By Application

  • Consumer
  • Industrial
  • Type
  • Retail and E-commerce
  • Energy and Utilities
  • Healthcare
  • Transportation and Logistics
  • Manufacturing
  • Others

By Deployment

  • Cloud
  • On-Premise

By Component

  • Solution
  • Services

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Siemens AG
  • ABB Ltd.
  • Qualcomm Technologies, Inc.
  • Thales
  • Advantech Co., Ltd.
  • Huawei Cloud Computing Technologies Co., Ltd.
  • Amazon Web Services, Inc.
  • Samsung SDS Co., Ltd.
  • Intel Corporation
  • Hewlett Packard Enterprise Development LP
  • SAP SE
  • Telefonaktiebolaget LM Ericsson
  • Zebra Technologies Corp
  • Hitachi, Ltd.
  • Alphabet (Google Inc.)
  • Armis Inc.
  • Robert Bosch GmbH

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of suppliers
3.3.2. Moderate-to-high bargaining power of buyers
3.3.3. Moderate-to-high threat of substitutes
3.3.4. Low-to-high intensity of rivalry
3.3.5. Moderate-to-high bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Development of wireless networking technologies
3.4.1.2. Increase in cloud platform adoption for deployment of IoT
3.4.1.3. Advent of advanced data analytics and data processing
3.4.2. Restraints
3.4.2.1. High cost associated with implementation and maintenance of IoT platform
3.4.2.2. Increase in security & privacy concerns across industry verticals
3.4.3. Opportunities
3.4.3.1. Increase in use of IoT among SMEs
CHAPTER 4: IOT MARKET, BY COMPONENT
4.1. Overview
4.1.1. Market size and forecast
4.2. Solution
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Services
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: IOT MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Consumer
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Industrial
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.3.4. Industrial IoT Market by Type
5.3.4.1. Retail and E-commerce Market size and forecast, by region
5.3.4.2. Retail and E-commerce Market size and forecast, by country
5.3.4.3. Energy and Utilities Market size and forecast, by region
5.3.4.4. Energy and Utilities Market size and forecast, by country
5.3.4.5. Healthcare Market size and forecast, by region
5.3.4.6. Healthcare Market size and forecast, by country
5.3.4.7. Transportation and Logistics Market size and forecast, by region
5.3.4.8. Transportation and Logistics Market size and forecast, by country
5.3.4.9. Manufacturing Market size and forecast, by region
5.3.4.10. Manufacturing Market size and forecast, by country
5.3.4.11. Others Market size and forecast, by region
5.3.4.12. Others Market size and forecast, by country
CHAPTER 6: IOT MARKET, BY DEPLOYMENT
6.1. Overview
6.1.1. Market size and forecast
6.2. Cloud
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. On-Premise
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
CHAPTER 7: IOT MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by Component
7.2.3. Market size and forecast, by Application
7.2.3.1. North America Industrial IoT Market by Type
7.2.4. Market size and forecast, by Deployment
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast, by Component
7.2.5.1.2. Market size and forecast, by Application
7.2.5.1.2.1. U.S. Industrial IoT Market by Type
7.2.5.1.3. Market size and forecast, by Deployment
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast, by Component
7.2.5.2.2. Market size and forecast, by Application
7.2.5.2.2.1. Canada Industrial IoT Market by Type
7.2.5.2.3. Market size and forecast, by Deployment
7.3. Europe
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by Component
7.3.3. Market size and forecast, by Application
7.3.3.1. Europe Industrial IoT Market by Type
7.3.4. Market size and forecast, by Deployment
7.3.5. Market size and forecast, by country
7.3.5.1. UK
7.3.5.1.1. Market size and forecast, by Component
7.3.5.1.2. Market size and forecast, by Application
7.3.5.1.2.1. UK Industrial IoT Market by Type
7.3.5.1.3. Market size and forecast, by Deployment
7.3.5.2. Germany
7.3.5.2.1. Market size and forecast, by Component
7.3.5.2.2. Market size and forecast, by Application
7.3.5.2.2.1. Germany Industrial IoT Market by Type
7.3.5.2.3. Market size and forecast, by Deployment
7.3.5.3. France
7.3.5.3.1. Market size and forecast, by Component
7.3.5.3.2. Market size and forecast, by Application
7.3.5.3.2.1. France Industrial IoT Market by Type
7.3.5.3.3. Market size and forecast, by Deployment
7.3.5.4. Italy
7.3.5.4.1. Market size and forecast, by Component
7.3.5.4.2. Market size and forecast, by Application
7.3.5.4.2.1. Italy Industrial IoT Market by Type
7.3.5.4.3. Market size and forecast, by Deployment
7.3.5.5. Spain
7.3.5.5.1. Market size and forecast, by Component
7.3.5.5.2. Market size and forecast, by Application
7.3.5.5.2.1. Spain Industrial IoT Market by Type
7.3.5.5.3. Market size and forecast, by Deployment
7.3.5.6. Rest of Europe
7.3.5.6.1. Market size and forecast, by Component
7.3.5.6.2. Market size and forecast, by Application
7.3.5.6.2.1. Rest of Europe Industrial IoT Market by Type
7.3.5.6.3. Market size and forecast, by Deployment
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by Component
7.4.3. Market size and forecast, by Application
7.4.3.1. Asia-Pacific Industrial IoT Market by Type
7.4.4. Market size and forecast, by Deployment
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Market size and forecast, by Component
7.4.5.1.2. Market size and forecast, by Application
7.4.5.1.2.1. China Industrial IoT Market by Type
7.4.5.1.3. Market size and forecast, by Deployment
7.4.5.2. Japan
7.4.5.2.1. Market size and forecast, by Component
7.4.5.2.2. Market size and forecast, by Application
7.4.5.2.2.1. Japan Industrial IoT Market by Type
7.4.5.2.3. Market size and forecast, by Deployment
7.4.5.3. India
7.4.5.3.1. Market size and forecast, by Component
7.4.5.3.2. Market size and forecast, by Application
7.4.5.3.2.1. India Industrial IoT Market by Type
7.4.5.3.3. Market size and forecast, by Deployment
7.4.5.4. Australia
7.4.5.4.1. Market size and forecast, by Component
7.4.5.4.2. Market size and forecast, by Application
7.4.5.4.2.1. Australia Industrial IoT Market by Type
7.4.5.4.3. Market size and forecast, by Deployment
7.4.5.5. South Korea
7.4.5.5.1. Market size and forecast, by Component
7.4.5.5.2. Market size and forecast, by Application
7.4.5.5.2.1. South Korea Industrial IoT Market by Type
7.4.5.5.3. Market size and forecast, by Deployment
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Market size and forecast, by Component
7.4.5.6.2. Market size and forecast, by Application
7.4.5.6.2.1. Rest of Asia-Pacific Industrial IoT Market by Type
7.4.5.6.3. Market size and forecast, by Deployment
7.5. LAMEA
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by Component
7.5.3. Market size and forecast, by Application
7.5.3.1. LAMEA Industrial IoT Market by Type
7.5.4. Market size and forecast, by Deployment
7.5.5. Market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Market size and forecast, by Component
7.5.5.1.2. Market size and forecast, by Application
7.5.5.1.2.1. Latin America Industrial IoT Market by Type
7.5.5.1.3. Market size and forecast, by Deployment
7.5.5.2. Middle East
7.5.5.2.1. Market size and forecast, by Component
7.5.5.2.2. Market size and forecast, by Application
7.5.5.2.2.1. Middle East Industrial IoT Market by Type
7.5.5.2.3. Market size and forecast, by Deployment
7.5.5.3. Africa
7.5.5.3.1. Market size and forecast, by Component
7.5.5.3.2. Market size and forecast, by Application
7.5.5.3.2.1. Africa Industrial IoT Market by Type
7.5.5.3.3. Market size and forecast, by Deployment
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2024
CHAPTER 9: COMPANY PROFILES
9.1. Robert Bosch GmbH
9.1.1. Company overview
9.1.2. Key executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Business performance
9.1.7. Key strategic moves and developments
9.2. Hewlett Packard Enterprise Development LP
9.2.1. Company overview
9.2.2. Key executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.2.7. Key strategic moves and developments
9.3. IBM Corporation
9.3.1. Company overview
9.3.2. Key executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.3.7. Key strategic moves and developments
9.4. Intel Corporation
9.4.1. Company overview
9.4.2. Key executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Business performance
9.5. Microsoft Corporation
9.5.1. Company overview
9.5.2. Key executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.5.7. Key strategic moves and developments
9.6. Oracle Corporation
9.6.1. Company overview
9.6.2. Key executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.6.7. Key strategic moves and developments
9.7. SAP SE
9.7.1. Company overview
9.7.2. Key executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Business performance
9.7.7. Key strategic moves and developments
9.8. Siemens AG
9.8.1. Company overview
9.8.2. Key executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.9. Telefonaktiebolaget LM Ericsson
9.9.1. Company overview
9.9.2. Key executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.10. ABB Ltd.
9.10.1. Company overview
9.10.2. Key executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
9.11. Qualcomm Technologies, Inc.
9.11.1. Company overview
9.11.2. Key executives
9.11.3. Company snapshot
9.11.4. Operating business segments
9.11.5. Product portfolio
9.11.6. Business performance
9.12. Zebra Technologies Corp
9.12.1. Company overview
9.12.2. Key executives
9.12.3. Company snapshot
9.12.4. Operating business segments
9.12.5. Product portfolio
9.12.6. Business performance
9.13. Thales
9.13.1. Company overview
9.13.2. Key executives
9.13.3. Company snapshot
9.13.4. Operating business segments
9.13.5. Product portfolio
9.13.6. Business performance
9.14. Advantech Co., Ltd.
9.14.1. Company overview
9.14.2. Key executives
9.14.3. Company snapshot
9.14.4. Operating business segments
9.14.5. Product portfolio
9.14.6. Business performance
9.15. Hitachi, Ltd.
9.15.1. Company overview
9.15.2. Key executives
9.15.3. Company snapshot
9.15.4. Operating business segments
9.15.5. Product portfolio
9.15.6. Business performance
9.15.7. Key strategic moves and developments
9.16. Samsung SDS Co., Ltd.
9.16.1. Company overview
9.16.2. Key executives
9.16.3. Company snapshot
9.16.4. Operating business segments
9.16.5. Product portfolio
9.16.6. Business performance
9.17. Huawei Cloud Computing Technologies Co., Ltd.
9.17.1. Company overview
9.17.2. Key executives
9.17.3. Company snapshot
9.17.4. Operating business segments
9.17.5. Product portfolio
9.18. Amazon Web Services, Inc.
9.18.1. Company overview
9.18.2. Key executives
9.18.3. Company snapshot
9.18.4. Operating business segments
9.18.5. Product portfolio
9.18.6. Business performance
9.19. Alphabet (Google Inc.)
9.19.1. Company overview
9.19.2. Key executives
9.19.3. Company snapshot
9.19.4. Operating business segments
9.19.5. Product portfolio
9.19.6. Business performance
9.20. Armis Inc.
9.20.1. Company overview
9.20.2. Key executives
9.20.3. Company snapshot
9.20.4. Operating business segments
9.20.5. Product portfolio
LIST OF TABLES
Table 01. Global IoT Market, by Component, 2024-2034 ($Billion)
Table 02. IoT Market for Solution, by Region, 2024-2034 ($Billion)
Table 03. IoT Market for Services, by Region, 2024-2034 ($Billion)
Table 04. Global IoT Market, by Application, 2024-2034 ($Billion)
Table 05. IoT Market for Consumer, by Region, 2024-2034 ($Billion)
Table 06. IoT Market for Industrial, by Region, 2024-2034 ($Billion)
Table 07. Global Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 08. IoT Market for Retail and E-Commerce, by Region, 2024-2034 ($Billion)
Table 09. IoT Market for Energy and Utilities, by Region, 2024-2034 ($Billion)
Table 10. IoT Market for Healthcare, by Region, 2024-2034 ($Billion)
Table 11. IoT Market for Transportation and Logistics, by Region, 2024-2034 ($Billion)
Table 12. IoT Market for Manufacturing, by Region, 2024-2034 ($Billion)
Table 13. IoT Market for Others, by Region, 2024-2034 ($Billion)
Table 14. Global IoT Market, by Deployment, 2024-2034 ($Billion)
Table 15. IoT Market for Cloud, by Region, 2024-2034 ($Billion)
Table 16. IoT Market for On-Premise, by Region, 2024-2034 ($Billion)
Table 17. IoT Market, by Region, 2024-2034 ($Billion)
Table 18. North America IoT Market, by Component, 2024-2034 ($Billion)
Table 19. North America IoT Market, by Application, 2024-2034 ($Billion)
Table 20. North America Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 21. North America IoT Market, by Deployment, 2024-2034 ($Billion)
Table 22. North America IoT Market, by Country, 2024-2034 ($Billion)
Table 23. U.S. IoT Market, by Component, 2024-2034 ($Billion)
Table 24. U.S. IoT Market, by Application, 2024-2034 ($Billion)
Table 25. U.S. Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 26. U.S. IoT Market, by Deployment, 2024-2034 ($Billion)
Table 27. Canada IoT Market, by Component, 2024-2034 ($Billion)
Table 28. Canada IoT Market, by Application, 2024-2034 ($Billion)
Table 29. Canada Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 30. Canada IoT Market, by Deployment, 2024-2034 ($Billion)
Table 31. Europe IoT Market, by Component, 2024-2034 ($Billion)
Table 32. Europe IoT Market, by Application, 2024-2034 ($Billion)
Table 33. Europe Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 34. Europe IoT Market, by Deployment, 2024-2034 ($Billion)
Table 35. Europe IoT Market, by Country, 2024-2034 ($Billion)
Table 36. UK IoT Market, by Component, 2024-2034 ($Billion)
Table 37. UK IoT Market, by Application, 2024-2034 ($Billion)
Table 38. UK Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 39. UK IoT Market, by Deployment, 2024-2034 ($Billion)
Table 40. Germany IoT Market, by Component, 2024-2034 ($Billion)
Table 41. Germany IoT Market, by Application, 2024-2034 ($Billion)
Table 42. Germany Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 43. Germany IoT Market, by Deployment, 2024-2034 ($Billion)
Table 44. France IoT Market, by Component, 2024-2034 ($Billion)
Table 45. France IoT Market, by Application, 2024-2034 ($Billion)
Table 46. France Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 47. France IoT Market, by Deployment, 2024-2034 ($Billion)
Table 48. Italy IoT Market, by Component, 2024-2034 ($Billion)
Table 49. Italy IoT Market, by Application, 2024-2034 ($Billion)
Table 50. Italy Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 51. Italy IoT Market, by Deployment, 2024-2034 ($Billion)
Table 52. Spain IoT Market, by Component, 2024-2034 ($Billion)
Table 53. Spain IoT Market, by Application, 2024-2034 ($Billion)
Table 54. Spain Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 55. Spain IoT Market, by Deployment, 2024-2034 ($Billion)
Table 56. Rest of Europe IoT Market, by Component, 2024-2034 ($Billion)
Table 57. Rest of Europe IoT Market, by Application, 2024-2034 ($Billion)
Table 58. Rest of Europe Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 59. Rest of Europe IoT Market, by Deployment, 2024-2034 ($Billion)
Table 60. Asia-Pacific IoT Market, by Component, 2024-2034 ($Billion)
Table 61. Asia-Pacific IoT Market, by Application, 2024-2034 ($Billion)
Table 62. Asia-Pacific Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 63. Asia-Pacific IoT Market, by Deployment, 2024-2034 ($Billion)
Table 64. Asia-Pacific IoT Market, by Country, 2024-2034 ($Billion)
Table 65. China IoT Market, by Component, 2024-2034 ($Billion)
Table 66. China IoT Market, by Application, 2024-2034 ($Billion)
Table 67. China Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 68. China IoT Market, by Deployment, 2024-2034 ($Billion)
Table 69. Japan IoT Market, by Component, 2024-2034 ($Billion)
Table 70. Japan IoT Market, by Application, 2024-2034 ($Billion)
Table 71. Japan Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 72. Japan IoT Market, by Deployment, 2024-2034 ($Billion)
Table 73. India IoT Market, by Component, 2024-2034 ($Billion)
Table 74. India IoT Market, by Application, 2024-2034 ($Billion)
Table 75. India Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 76. India IoT Market, by Deployment, 2024-2034 ($Billion)
Table 77. Australia IoT Market, by Component, 2024-2034 ($Billion)
Table 78. Australia IoT Market, by Application, 2024-2034 ($Billion)
Table 79. Australia Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 80. Australia IoT Market, by Deployment, 2024-2034 ($Billion)
Table 81. South Korea IoT Market, by Component, 2024-2034 ($Billion)
Table 82. South Korea IoT Market, by Application, 2024-2034 ($Billion)
Table 83. South Korea Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 84. South Korea IoT Market, by Deployment, 2024-2034 ($Billion)
Table 85. Rest of Asia-Pacific IoT Market, by Component, 2024-2034 ($Billion)
Table 86. Rest of Asia-Pacific IoT Market, by Application, 2024-2034 ($Billion)
Table 87. Rest of Asia-Pacific Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 88. Rest of Asia-Pacific IoT Market, by Deployment, 2024-2034 ($Billion)
Table 89. LAMEA IoT Market, by Component, 2024-2034 ($Billion)
Table 90. LAMEA IoT Market, by Application, 2024-2034 ($Billion)
Table 91. LAMEA Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 92. LAMEA IoT Market, by Deployment, 2024-2034 ($Billion)
Table 93. LAMEA IoT Market, by Country, 2024-2034 ($Billion)
Table 94. Latin America IoT Market, by Component, 2024-2034 ($Billion)
Table 95. Latin America IoT Market, by Application, 2024-2034 ($Billion)
Table 96. Latin America Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 97. Latin America IoT Market, by Deployment, 2024-2034 ($Billion)
Table 98. Middle East IoT Market, by Component, 2024-2034 ($Billion)
Table 99. Middle East IoT Market, by Application, 2024-2034 ($Billion)
Table 100. Middle East Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 101. Middle East IoT Market, by Deployment, 2024-2034 ($Billion)
Table 102. Africa IoT Market, by Component, 2024-2034 ($Billion)
Table 103. Africa IoT Market, by Application, 2024-2034 ($Billion)
Table 104. Africa Industrial IoT Market, by Type, 2024-2034 ($Billion)
Table 105. Africa IoT Market, by Deployment, 2024-2034 ($Billion)
Table 106. Robert Bosch GmbH: Key Executives
Table 107. Robert Bosch GmbH: Company Snapshot
Table 108. Robert Bosch GmbH: Product Segments
Table 109. Robert Bosch GmbH: Product Portfolio
Table 110. Robert Bosch GmbH: Key Stratergies
Table 111. Hewlett Packard Enterprise Development Lp: Key Executives
Table 112. Hewlett Packard Enterprise Development Lp: Company Snapshot
Table 113. Hewlett Packard Enterprise Development Lp: Product Segments
Table 114. Hewlett Packard Enterprise Development Lp: Product Portfolio
Table 115. Hewlett Packard Enterprise Development Lp: Key Stratergies
Table 116. IBM Corporation: Key Executives
Table 117. IBM Corporation: Company Snapshot
Table 118. IBM Corporation: Product Segments
Table 119. IBM Corporation: Service Segments
Table 120. IBM Corporation: Product Portfolio
Table 121. IBM Corporation: Key Stratergies
Table 122. Intel Corporation: Key Executives
Table 123. Intel Corporation: Company Snapshot
Table 124. Intel Corporation: Service Segments
Table 125. Intel Corporation: Product Portfolio
Table 126. Microsoft Corporation: Key Executives
Table 127. Microsoft Corporation: Company Snapshot
Table 128. Microsoft Corporation: Product Segments
Table 129. Microsoft Corporation: Service Segments
Table 130. Microsoft Corporation: Product Portfolio
Table 131. Microsoft Corporation: Key Stratergies
Table 132. Oracle Corporation: Key Executives
Table 133. Oracle Corporation: Company Snapshot
Table 134. Oracle Corporation: Service Segments
Table 135. Oracle Corporation: Product Portfolio
Table 136. Oracle Corporation: Key Stratergies
Table 137. Sap Se: Key Executives
Table 138. Sap Se: Company Snapshot
Table 139. Sap Se: Service Segments
Table 140. Sap Se: Product Portfolio
Table 141. Sap Se: Key Stratergies
Table 142. Siemens Ag: Key Executives
Table 143. Siemens Ag: Company Snapshot
Table 144. Siemens Ag: Product Segments
Table 145. Siemens Ag: Product Portfolio
Table 146. Telefonaktiebolaget Lm Ericsson: Key Executives
Table 147. Telefonaktiebolaget Lm Ericsson: Company Snapshot
Table 148. Telefonaktiebolaget Lm Ericsson: Product Segments
Table 149. Telefonaktiebolaget Lm Ericsson: Service Segments
Table 150. Telefonaktiebolaget Lm Ericsson: Product Portfolio
Table 151. Abb Ltd.: Key Executives
Table 152. Abb Ltd.: Company Snapshot
Table 153. Abb Ltd.: Product Segments
Table 154. Abb Ltd.: Product Portfolio
Table 155. Qualcomm Technologies, Inc.: Key Executives
Table 156. Qualcomm Technologies, Inc.: Company Snapshot
Table 157. Qualcomm Technologies, Inc.: Product Segments
Table 158. Qualcomm Technologies, Inc.: Product Portfolio
Table 159. Zebra Technologies Corp: Key Executives
Table 160. Zebra Technologies Corp: Company Snapshot
Table 161. Zebra Technologies Corp: Product Segments
Table 162. Zebra Technologies Corp: Product Portfolio
Table 163. Thales: Key Executives
Table 164. Thales: Company Snapshot
Table 165. Thales: Product Segments
Table 166. Thales: Product Portfolio
Table 167. Advantech Co., Ltd.: Key Executives
Table 168. Advantech Co., Ltd.: Company Snapshot
Table 169. Advantech Co., Ltd.: Service Segments
Table 170. Advantech Co., Ltd.: Product Portfolio
Table 171. Hitachi, Ltd.: Key Executives
Table 172. Hitachi, Ltd.: Company Snapshot
Table 173. Hitachi, Ltd.: Product Segments
Table 174. Hitachi, Ltd.: Product Portfolio
Table 175. Hitachi, Ltd.: Key Stratergies
Table 176. Samsung Sds Co., Ltd.: Key Executives
Table 177. Samsung Sds Co., Ltd.: Company Snapshot
Table 178. Samsung Sds Co., Ltd.: Product Segments
Table 179. Samsung Sds Co., Ltd.: Product Portfolio
Table 180. Huawei Cloud Computing Technologies Co., Ltd.: Key Executives
Table 181. Huawei Cloud Computing Technologies Co., Ltd.: Company Snapshot
Table 182. Huawei Cloud Computing Technologies Co., Ltd.: Service Segments
Table 183. Huawei Cloud Computing Technologies Co., Ltd.: Product Portfolio
Table 184. Amazon Web Services, Inc.: Key Executives
Table 185. Amazon Web Services, Inc.: Company Snapshot
Table 186. Amazon Web Services, Inc.: Service Segments
Table 187. Amazon Web Services, Inc.: Product Portfolio
Table 188. Alphabet (Google Inc.): Key Executives
Table 189. Alphabet (Google Inc.): Company Snapshot
Table 190. Alphabet (Google Inc.): Service Segments
Table 191. Alphabet (Google Inc.): Product Portfolio
Table 192. Armis Inc.: Key Executives
Table 193. Armis Inc.: Company Snapshot
Table 194. Armis Inc.: Product Segments
Table 195. Armis Inc.: Product Portfolio
LIST OF FIGURES
Figure 01. IoT Market, 2024-2034
Figure 02. Segmentation of IoT Market,2024-2034
Figure 03. Top Impacting Factors in IoT Market (2024 to 2034)
Figure 04. Top Investment Pockets in IoT Market (2025-2034)
Figure 05. Moderate Bargaining Power of Suppliers
Figure 06. Moderate-To-High Bargaining Power of Buyers
Figure 07. Moderate-To-High Threat of Substitutes
Figure 08. Low-To-High Intensity of Rivalry
Figure 09. Moderate-To-High Bargaining Power of Buyers
Figure 10. Global IoT Market:Drivers, Restraints and Opportunities
Figure 11. IoT Market, by Component, 2024 and 2034(%)
Figure 12. Comparative Share Analysis of IoT Market for Solution, by Country 2024 and 2034(%)
Figure 13. Comparative Share Analysis of IoT Market for Services, by Country 2024 and 2034(%)
Figure 14. IoT Market, by Application, 2024 and 2034(%)
Figure 15. Comparative Share Analysis of IoT Market for Consumer, by Country 2024 and 2034(%)
Figure 16. Comparative Share Analysis of IoT Market for Industrial, by Country 2024 and 2034(%)
Figure 17. IoT Market, by Deployment, 2024 and 2034(%)
Figure 18. Comparative Share Analysis of IoT Market for Cloud, by Country 2024 and 2034(%)
Figure 19. Comparative Share Analysis of IoT Market for On-Premise, by Country 2024 and 2034(%)
Figure 20. IoT Market by Region, 2024 and 2034(%)
Figure 21. U.S. IoT Market, 2024-2034 ($Billion)
Figure 22. Canada IoT Market, 2024-2034 ($Billion)
Figure 23. UK IoT Market, 2024-2034 ($Billion)
Figure 24. Germany IoT Market, 2024-2034 ($Billion)
Figure 25. France IoT Market, 2024-2034 ($Billion)
Figure 26. Italy IoT Market, 2024-2034 ($Billion)
Figure 27. Spain IoT Market, 2024-2034 ($Billion)
Figure 28. Rest of Europe IoT Market, 2024-2034 ($Billion)
Figure 29. China IoT Market, 2024-2034 ($Billion)
Figure 30. Japan IoT Market, 2024-2034 ($Billion)
Figure 31. India IoT Market, 2024-2034 ($Billion)
Figure 32. Australia IoT Market, 2024-2034 ($Billion)
Figure 33. South Korea IoT Market, 2024-2034 ($Billion)
Figure 34. Rest of Asia-Pacific IoT Market, 2024-2034 ($Billion)
Figure 35. Latin America IoT Market, 2024-2034 ($Billion)
Figure 36. Middle East IoT Market, 2024-2034 ($Billion)
Figure 37. Africa IoT Market, 2024-2034 ($Billion)
Figure 38. Top Winning Strategies, by Year (2020-2025)
Figure 39. Top Winning Strategies, by Development (2020-2025)
Figure 40. Top Winning Strategies, by Company (2020-2025)
Figure 41. Product Mapping of Top 10 Players
Figure 42. Competitive Dashboard
Figure 43. Competitive Heatmap: IoT Market
Figure 44. Top Player Positioning, 2024
Figure 45. Robert Bosch GmbH: Research & Development Expenditure, 2022-2024 ($Million)
Figure 46. Robert Bosch GmbH: Net Revenue, 2022-2024 ($Million)
Figure 47. Robert Bosch GmbH: Revenue Share by Segment, 2024 (%)
Figure 48. Robert Bosch GmbH: Revenue Share by Region, 2024 (%)
Figure 49. Hewlett Packard Enterprise Development Lp: Research & Development Expenditure, 2022-2024 ($Million)
Figure 50. Hewlett Packard Enterprise Development Lp: Net Sales, 2022-2024 ($Million)
Figure 51. Hewlett Packard Enterprise Development Lp: Revenue Share by Segment, 2024 (%)
Figure 52. Hewlett Packard Enterprise Development Lp: Revenue Share by Region, 2024 (%)
Figure 53. IBM Corporation: Net Revenue, 2022-2024 ($Million)
Figure 54. IBM Corporation: Research & Development Expenditure, 2022-2024 ($Million)
Figure 55. IBM Corporation: Revenue Share by Segment, 2024 (%)
Figure 56. IBM Corporation: Revenue Share by Region, 2024 (%)
Figure 57. Intel Corporation: Net Revenue, 2022-2024 ($Million)
Figure 58. Intel Corporation: Revenue Share by Segment, 2024 (%)
Figure 59. Intel Corporation: Revenue Share by Region, 2024 (%)
Figure 60. Microsoft Corporation: Net Revenue, 2022-2024 ($Million)
Figure 61. Microsoft Corporation: Research & Development Expenditure, 2022-2024 ($Million)
Figure 62. Microsoft Corporation: Revenue Share by Segment, 2024 (%)
Figure 63. Microsoft Corporation: Revenue Share by Region, 2024 (%)
Figure 64. Oracle Corporation: Net Revenue, 2022-2024 ($Million)
Figure 65. Oracle Corporation: Research & Development Expenditure, 2022-2024 ($Million)
Figure 66. Oracle Corporation: Revenue Share by Segment, 2024 (%)
Figure 67. Oracle Corporation: Revenue Share by Region, 2024 (%)
Figure 68. SAP SE: Net Revenue, 2022-2024 ($Million)
Figure 69. SAP SE: Research & Development Expenditure, 2022-2024 ($Million)
Figure 70. SAP SE: Revenue Share by Segment, 2024 (%)
Figure 71. SAP SE: Revenue Share by Region, 2024 (%)
Figure 72. Siemens AG: Net Revenue, 2022-2024 ($Million)
Figure 73. Siemens AG: Revenue Share by Segment, 2024 (%)
Figure 74. Siemens AG: Revenue Share by Region, 2024 (%)
Figure 75. Telefonaktiebolaget Lm Ericsson: Net Sales, 2022-2024 ($Million)
Figure 76. Telefonaktiebolaget Lm Ericsson: Revenue Share by Segment, 2024 (%)
Figure 77. ABB Ltd.: Net Revenue, 2022-2024 ($Million)
Figure 78. ABB Ltd.: Research & Development Expenditure, 2022-2024 ($Million)
Figure 79. ABB Ltd.: Revenue Share by Segment, 2023 (%)
Figure 80. ABB Ltd.: Revenue Share by Region, 2024 (%)
Figure 81. Qualcomm Technologies, Inc.: Net Revenue, 2022-2024 ($Million)
Figure 82. Qualcomm Technologies, Inc.: Research & Development Expenditure, 2022-2024 ($Million)
Figure 83. Qualcomm Technologies, Inc.: Revenue Share by Segment, 2024 (%)
Figure 84. Qualcomm Technologies, Inc.: Revenue Share by Region, 2024 (%)
Figure 85. Zebra Technologies Corp: Net Sales, 2022-2024 ($Million)
Figure 86. Zebra Technologies Corp: Research & Development Expenditure, 2022-2024 ($Million)
Figure 87. Zebra Technologies Corp: Revenue Share by Segment, 2024 (%)
Figure 88. Zebra Technologies Corp: Revenue Share by Region, 2024 (%)
Figure 89. Thales: Net Sales, 2022-2024 ($Million)
Figure 90. Thales: Research & Development Expenditure, 2022-2024 ($Million)
Figure 91. Thales: Revenue Share by Region, 2024 (%)
Figure 92. Thales: Revenue Share by Segment, 2024 (%)
Figure 93. Advantech Co. Ltd.: Net Revenue, 2022-2024 ($Million)
Figure 94. Hitachi, Ltd.: Net Sales, 2022-2024 ($Million)
Figure 95. Hitachi, Ltd.: Revenue Share by Segment, 2024 (%)
Figure 96. Hitachi, Ltd.: Revenue Share by Region, 2024 (%)
Figure 97. Amazon Web Services, Inc.: Net Revenue, 2022-2024 ($Million)
Figure 98. Amazon Web Services, Inc.: Revenue Share by Segment, 2024 (%)
Figure 99. Amazon Web Services, Inc.: Revenue Share by Region, 2024 (%)
Figure 100. Alphabet (Google Inc.): Net Revenue, 2022-2024 ($Million)
Figure 101. Alphabet (Google Inc.): Revenue Share by Region, 2024 (%)
Figure 102. Alphabet (Google Inc.): Revenue Share by Segment, 2024 (%)

Companies Mentioned

  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Siemens AG
  • ABB Ltd.
  • Qualcomm Technologies, Inc.
  • Thales
  • Advantech Co., Ltd.
  • Huawei Cloud Computing Technologies Co., Ltd.
  • Amazon Web Services, Inc.
  • Samsung SDS Co., Ltd.
  • Intel Corporation
  • Hewlett Packard Enterprise Development LP
  • SAP SE
  • Telefonaktiebolaget LM Ericsson
  • Zebra Technologies Corp
  • Hitachi, Ltd.
  • Alphabet (Google Inc.)
  • Armis Inc.
  • Robert Bosch GmbH

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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