IoTテクノロジー市場規模、シェア、動向、2030年までの世界予測

IoT Technology Market - Global Forecast To 2030

IoT Technology Market by Node Component (Sensor, Memory Device, Connectivity IC, Processor, Logic Devices), Software Solution (Remote Monitoring, Data Management), Platform, Service, End-use Application, Geography - Global Forecast to 2030

商品番号 : SMB-7817

出版社MarketsandMarkets
出版年月2025年10月
ページ数302
図表数302
価格タイプ シングルユーザライセンス
価格USD 4,950
種別英文調査報告書

IoTテクノロジー市場 – ノードコンポーネント(センサー、メモリデバイス、コネクティビティIC、プロセッサ、ロジックデバイス)、ソフトウェアソリューション(リモートモニタリング、データ管理)、プラットフォーム、サービス、エンドユースアプリケーション、地域別 – 2030年までの世界予測

IoTテクノロジー市場は、予測期間中に3.7%のCAGRで成長し、2025年の9,593億米ドルから2030年には1兆1,486.2億米ドルに達すると予測されています。

IoTテクノロジー市場は、コネクテッドデバイスの急速な普及、5G、AI、エッジコンピューティングの進歩、スマートホーム、産業オートメーション、スマートシティへの需要の高まりといった要因によって牽引されています。インターネット普及率の向上と政府主導のデジタルトランスフォーメーション・プログラムが、その成長をさらに加速させています。しかしながら、データセキュリティとプライバシーへの懸念、熟練した専門家の不足、多様なIoTシステム間の相互運用性の問題といった課題が、大きな制約要因となっています。今後数年間、IoTの大規模な導入を持続させるには、これらの推進要因と制約要因のバランスを取ることが重要となります。

本調査レポートは、IoTテクノロジー市場をテクノロジー、エンドユーザー業界、地域に基づいて分類しています。IoTテクノロジー市場における主要な推進要因、制約要因、課題、そして機会を解説し、2029年までの市場予測を示しています。また、IoTテクノロジーエコシステムにおける企業のリーダーシップマッピングと分析も含まれています。

本レポートは、IoTテクノロジー市場全体および各サブセグメントの収益数値の近似値に関する情報を提供し、市場リーダー企業および新規参入企業にとって役立ちます。また、本レポートは、関係者が競争環境を理解し、ビジネスポジショニングを改善し、適切な市場開拓戦略を策定するための洞察を深めるのに役立ちます。さらに、本レポートは、関係者が市場の動向を把握し、主要な市場牽引要因、制約要因、課題、そして機会に関する情報を提供するのにも役立ちます。

Report Description

The IoT technology market is projected to reach USD 1,148.62 billion by 2030 from USD 959.30 billion in 2025, at a CAGR of 3.7% during the forecast period.

The IoT technology market is driven by factors such as rapid adoption of connected devices, advancements in 5G, AI, and edge computing, and rising demand for smart homes, industrial automation, and smart city initiatives. Increasing internet penetration and government-backed digital transformation programs further accelerate its growth. However, challenges such as data security and privacy concerns, a lack of skilled professionals, and interoperability issues among diverse IoT systems act as major restraints. Balancing these drivers and restraints will be critical for sustaining large-scale IoT adoption in the coming years.

IoTテクノロジー市場規模、シェア、動向、2030年までの世界予測
IoT Technology Market – Global Forecast To 2030

By offering, the software solutions segment is expected to have the highest CAGR during the forecast period.

Smart objects in the IoT ecosystem need to execute intelligent algorithms to interact with other “things” in an efficient way, discard irrelevant data, and make informed decisions and actions on behalf of end users to eliminate human efforts. The software solution segment includes real-time streaming analytics, network bandwidth management, remote monitoring systems, security solutions, and data management. Software solutions are designed to meet interoperability challenges arising from varied heterogeneous devices and to manage a large volume of data and its security and privacy. Cloud-based software intelligently connects the entire device to the cloud and stores data gathered from all devices and sensors. Moreover, cloud-based applications help manage and monitor wired and wirelessly connected products and assets. Software solutions help mitigate interoperability issues, thereby providing flexibility and helping with various business functions. Microsoft Corporation (US), IBM Corporation (US), AWS (US), Cisco Systems (US), and PTC (US) are some of the top software solution providers.

IoTテクノロジー市場規模、シェア、動向、2030年までの世界予測 - by node component
IoT Technology Market – Global Forecast To 2030 – by node component

By service, the professional services segment is expected to have the largest market share during the forecast period.

Professional services held a larger share of the IoT technology market. Professional services are required during and after the implementation of IoT systems. These services include planning, designing, consulting, and upgrading. The increasing complexity of operations and the growing use of IoT solutions are driving the market for professional services. The proliferation of connected devices generates massive amounts of data. IoT professional services providers help organizations manage data, including data collection, storage, processing, and analysis. These services assist in developing data analytics strategies and implementing tools and technologies to derive actionable insights from IoT-generated data. Organizations can make informed decisions, optimize processes, and drive innovation by leveraging advanced analytics.

IoTテクノロジー市場規模、シェア、動向、2030年までの世界予測 - 地域
IoT Technology Market – Global Forecast To 2030 – region

North America accounted for the largest market share in 2024.

The IoT technology market in North America has been studied in the US, Canada, and Mexico. This region is a key market as it is home to some of the largest multinational corporations, such as Intel Corporation (US), Texas Instruments Incorporated (US), Dell (US), and Cisco Systems (US), in the IoT ecosystem. North America accounted for a share of 30% of the overall IoT technology market in 2024. Increased R&D in the field of IoT, in terms of new and improved technologies, and the increasing demand for an improved lifestyle are the two crucial factors driving the growth of the market. Increasing R&D at both the academic and industry levels is broadening the application areas of IoT in different industries, such as consumer electronics, retail, automotive & transportation, and healthcare, especially in the US. This is the main factor driving the growth of IoT applications in North America.

In determining and verifying the market size for several segments and subsegments gathered through extensive secondary research, primary interviews have been conducted with key industry experts in the IoT technology market.

The breakup of primary participants for the report is shown below:

  • By company type: Tier 1 – 38%, Tier 2 – 28%, and Tier 3 – 34%
  • By designation: C-level Executives – 40%, Managers – 30%, and Others – 30%
  • By region: North America – 35%, Europe – 20%, Asia Pacific – 35%, and Rest of the World – 10%

The report profiles key players in the IoT technology market with their respective market ranking analyses. Prominent players profiled in this report Intel Corporation (US), Qualcomm (US), Texas Instruments Incorporated (US), Cisco Systems, Inc. (US), Hewlett Packard Enterprise (US), IBM (US), STMicroelectronics (Switzerland), Microsoft(US), PTC Inc. (US), and Amazon Web Services (US), General Eletcric (US), Softeq Development Corp. (US), ScienceSoft USA Corporation (US), Oracle (US), Siemens AG (Germany), SAP SE (Germany), Robert Bosch GmbH (Germany), Huawei Technologies Co., Ltd. (China), Schneider Electric (France), Arm Limited (UK), NXP Semiconductors N.V. (Netherlands), TE Connectivity (Switzerland), Software AG (Germany), Microchip Technology Inc. (US), Vates (US), Cellhire PLC (UK), ClearBlade (US), SoluLab Inc. (US), Konstant Infosolutions (India), and Binariks (US).

IoTテクノロジー市場規模、シェア、動向、2030年までの世界予測 - 対象企業
IoT Technology Market – Global Forecast To 2030 – ecosystem

Research Coverage

This research report categorizes the IoT technology market based on technology, end-user industry, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the IoT technology market and forecasts the same till 2029. The report also consists of leadership mapping and analysis of companies in the IoT technology ecosystem.

Reasons to buy this report

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall IoT technology market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights into the following pointers:

  • Analysis of key drivers (emergence of 5G communications technology, increasing necessity of data centers with rising adoption of cloud platforms, growing use of wireless smart sensors and networks, and higher adoption of IPv6), restraints (data security and privacy concerns), opportunities (cross-domain collaborations, government incentives and aids for development of IoT technologies, accelerated IoT adoption in healthcare sector, increased potential for incorporating IoT in electric and hybrid vehicles, and rise in development of smart cities), and challenges (interoperability challenges and lack of common standards, high power consumption by wireless sensor terminals/connected devices, lack of IoT-related skills and technical expertise) influencing the growth of the IoT technology market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the IoT technology market
  • Market Development: Comprehensive information about lucrative markets – the report analyzes the IoT technology market across varied regions
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the IoT technology market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product/service offerings of leading players like Intel Corporation (US), Qualcomm (US), Texas Instruments Incorporated (US), Cisco Systems, Inc. (US), Hewlett Packard Enterprise (US), IBM (US), STMicroelectronics (Switzerland), Microsoft (US), among others in the IoT technology market.

Table of Contents

1               INTRODUCTION              31

1.1           STUDY OBJECTIVES       31

1.2           MARKET DEFINITION   31

1.3           STUDY SCOPE   32

1.3.1        MARKET SEGMENTATION AND REGIONAL SCOPE                 32

1.3.2        INCLUSIONS AND EXCLUSIONS 33

1.3.3        YEARS CONSIDERED      34

1.4           CURRENCY CONSIDERED            34

1.5           UNIT CONSIDERED        34

1.6           STAKEHOLDERS               34

1.7           SUMMARY OF CHANGES               35

2               RESEARCH METHODOLOGY       37

2.1           RESEARCH DATA              37

2.1.1        SECONDARY DATA          38

2.1.1.1    List of major secondary sources         38

2.1.1.2    Key data from secondary sources       39

2.1.2        PRIMARY DATA 39

2.1.2.1    List of key interview participants       40

2.1.2.2    Key data from primary sources           40

2.1.2.3    Key industry insights           40

2.1.2.4    Breakdown of primaries      41

2.1.3        RESEARCH APPROACH  41

2.2           MARKET SIZE ESTIMATION METHODOLOGY     42

2.2.1        BOTTOM-UP APPROACH              42

2.2.2        TOP-DOWN APPROACH                43

2.3           DATA TRIANGULATION                44

2.4           RESEARCH ASSUMPTIONS           45

2.5           RESEARCH LIMITATIONS             45

2.6           RISK ASSESSMENT           45

3               EXECUTIVE SUMMARY  46

4               PREMIUM INSIGHTS       51

4.1           ATTRACTIVE OPPORTUNITIES FOR MARKET PLAYERS                 51

4.2           IOT TECHNOLOGY MARKET, BY SERVICE             51

4.3           IOT TECHNOLOGY MARKET, BY PLATFORM       52

4.4           IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION                 52

4.5           NORTH AMERICA: IOT TECHNOLOGY MARKET,  BY NODE COMPONENT AND COUNTRY      53

4.6           IOT TECHNOLOGY MARKET, BY COUNTRY         53

5               MARKET OVERVIEW       54

5.1           INTRODUCTION              54

5.2           MARKET DYNAMICS       54

5.2.1        DRIVERS               55

5.2.1.1    Global rise in internet penetration     55

5.2.1.2    Growing adoption of cloud platforms                56

5.2.1.3    Proliferation of wireless sensor networks          56

5.2.1.4    Increasing adoption of IPv6                56

5.2.2        RESTRAINTS      57

5.2.2.1    Data security and privacy concerns   57

5.2.3        OPPORTUNITIES              58

5.2.3.1    Increasing cross-domain collaborations            58

5.2.3.2    Government-led funding to develop IoT research projects                 59

5.2.3.3    Emergence of connected care in healthcare sector          59

5.2.3.4    Increasing demand for HEVs and EVs              60

5.2.3.5    Growing safety concerns with rising urbanization          60

5.2.4        CHALLENGES    62

5.2.4.1    Interoperability challenges and lack of common standards                 62

5.2.4.2    High power consumption by wireless sensor terminals and connected devices 62

5.2.4.3    Lack of skilled professionals                62

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            63

5.4           PRICING ANALYSIS          64

5.4.1        AVERAGE SELLING PRICE TREND, BY TYPE         64

5.4.2        AVERAGE SELLING PRICE ANALYSIS, BY KEY PLAYER                 65

5.4.3        AVERAGE SELLING PRICE TREND, BY REGION   66

5.5           VALUE CHAIN ANALYSIS               66

5.6           ECOSYSTEM ANALYSIS  68

5.7           INVESTMENT AND FUNDING SCENARIO               70

5.8           TECHNOLOGY ANALYSIS             70

5.8.1        KEY TECHNOLOGIES     70

5.8.1.1    Integration of AI with IoT  70

5.8.1.2    Integration of ML with IoT 70

5.8.2        COMPLEMENTARY TECHNOLOGIES       71

5.8.2.1    Digital twin            71

5.8.2.2    Blockchain             71

5.8.3        ADJACENT TECHNOLOGIES       71

5.8.3.1    Edge computing   71

5.8.3.2    Wi-Fi      71

5.8.3.3    Cloud computing  71

5.8.3.4    Big data analytics 72

5.9           PATENT ANALYSIS          72

5.10         TRADE ANALYSIS             75

5.10.1      IMPORT SCENARIO FOR HS CODE 841510              75

5.10.2      EXPORT SCENARIO FOR HS CODE 841510              76

5.11         KEY CONFERENCES AND EVENTS, 2025–2026        76

5.12         CASE STUDY ANALYSIS 77

5.12.1      SOLULAB INC. ASSISTED ENMATRIX TO DEVELOP IOT MOBILE APPLICATION FOR SMART BUILDINGS AND YACHT MANAGEMENT 77

5.12.2      SOLULAB INC. HELPED GEARNETICS TO DEVELOP ADVANCED IOT FLEET MANAGEMENT SOLUTIONS        78

5.12.3      SANXING AND TELENOR CONNEXION FACILITATED LEADING SWEDISH ENERGY SUPPLIER TO IMPLEMENT IOT-BASED METERING SOLUTION FOR CONNECTING SMART METERS                78

5.12.4      ISA MINIMIZED EQUIPMENT BREAKDOWN WITH IOT-ENABLED PREDICTIVE MAINTENANCE SOLUTION          79

5.13         REGULATORY LANDSCAPE         80

5.13.1      STANDARDS      80

5.13.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             82

5.14         PORTER’S FIVE FORCES ANALYSIS            84

5.14.1      BARGAINING POWER OF SUPPLIERS       86

5.14.2      BARGAINING POWER OF BUYERS             86

5.14.3      THREAT OF NEW ENTRANTS      86

5.14.4      THREAT OF SUBSTITUTES          86

5.14.5      INTENSITY OF COMPETITIVE RIVALRY 87

5.15         KEY STAKEHOLDERS AND BUYING CRITERIA     87

5.15.1      KEY STAKEHOLDERS IN BUYING PROCESS           87

5.15.2      BUYING CRITERIA           88

5.16         IMPACT OF AI ON IOT TECHNOLOGY MARKET 88

5.16.1      INTRODUCTION              88

5.16.2      AI USE CASES     89

5.16.3      KEY COMPANIES IMPLEMENTING AI      89

5.17         US TARIFF IMPACT ON IOT TECHNOLOGY MARKET                 90

5.17.1      INTRODUCTION              90

5.17.2      KEY TARIFF RATES          90

5.17.3      PRICE IMPACT ANALYSIS             90

5.17.4      IMPACT ON COUNTRY/REGION                90

5.17.4.1  US           90

5.17.4.2  Europe   91

5.17.4.3  Asia Pacific            91

5.17.5      IMPACT ON END-USE INDUSTRY              92

6               IOT TECHNOLOGY MARKET, BY NODE COMPONENT                 93

6.1           INTRODUCTION              94

6.2           PROCESSORS     97

6.2.1        MICROCONTROLLERS   98

6.2.1.1    High suitability for energy-efficient and battery-powered IoT applications to boost market               98

6.2.2        MICROPROCESSORS       98

6.2.2.1    Increasing applications in remote or resource-constrained environments to boost demand          98

6.2.3        DIGITAL SIGNAL PROCESSORS  99

6.2.3.1    Ability to perform computation-intensive functions in transmitting digital signals to accelerate growth              99

6.2.4        APPLICATION PROCESSORS       99

6.2.4.1    Growing use of application processors in wearable devices to boost market          99

6.3           SENSORS              100

6.3.1        ACCELEROMETERS         102

6.3.1.1    Increasing applications of accelerometers in smartwatches to fuel market    102

6.3.2        INERTIAL MEASUREMENT UNITS             102

6.3.2.1    Growing demand in aerospace & defense industry to drive market                 102

6.3.3        HEART RATE SENSORS  102

6.3.3.1    Increasing awareness regarding regular checkups and fitness activities to fuel market       102

6.3.4        PRESSURE SENSORS        103

6.3.4.1    Rising need to improve automobile safety to propel market                 103

6.3.5        TEMPERATURE SENSORS             103

6.3.5.1    Growing adoption of temperature sensors in chemicals and food & beverages industries to drive market             103

6.3.6        BLOOD GLUCOSE SENSORS        104

6.3.6.1    Rising number of diabetic patients to drive market        104

6.3.7        BLOOD OXYGEN SENSORS          104

6.3.7.1    Rising incidence of respiratory diseases to fuel market  104

6.3.8        ELECTROCARDIOGRAM SENSORS            105

6.3.8.1    Growing demand for ECG devices with rising cardiovascular disorders to drive market    105

6.3.9        HUMIDITY SENSORS      105

6.3.9.1    Rising applications of humidity sensors in HVAC control systems to drive market      105

6.3.10      IMAGE SENSORS               105

6.3.10.1  Expanding LiDAR market to fuel segmental growth      105

6.3.11      AMBIENT LIGHT SENSORS           106

6.3.11.1  Growing demand for consumer electronics and automobiles to drive market          106

6.3.12      FLOW SENSORS 106

6.3.12.1  Rising use in smart energy applications to boost market                 106

6.3.13      LEVEL SENSORS                106

6.3.13.1  Evolution of ultrasonic and radar sensors to boost demand                 106

6.3.14      CHEMICAL SENSORS      107

6.3.14.1  Ability to convert chemical data into electronic data to encourage growth    107

6.3.15      CARBON MONOXIDE SENSORS 107

6.3.15.1  Pressing need to regulate CO gas in environment to boost demand  107

6.3.16      MOTION AND POSITION SENSORS          107

6.3.16.1  Declining prices of motion sensors to boost demand     107

6.3.17      CAMERA MODULES        107

6.3.17.1  Increasing demand for wearable cameras to drive market                 107

6.4           CONNECTIVITY ICS        108

6.4.1        WIRED TECHNOLOGY   109

6.4.1.1    Ethernet/IP           109

6.4.1.1.1 Cost-effectiveness and suitability with video transport and storage area networks to drive market               109

6.4.1.2    Modbus  109

6.4.1.2.1 Growing industrial applications of Modbus to drive market                 109

6.4.1.3    Process field net   110

6.4.1.3.1 Increasing applications in infrastructure and building automation to boost demand   110

6.4.1.4    Foundation fieldbus             110

6.4.1.4.1 High use in process industries to drive market                110

6.4.2        WIRELESS TECHNOLOGY             111

6.4.2.1    ANT+    111

6.4.2.1.1 Ability to support peer-to-peer and fixed mesh connections to drive market          111

6.4.2.2    Bluetooth               111

6.4.2.2.1 Increased demand for smartphones, laptops, and tablets to fuel market    111

6.4.2.3    Bluetooth smart/Bluetooth low energy             112

6.4.2.3.1 Low power consumption to propel market       112

6.4.2.4    ZigBee    112

6.4.2.4.1 Growing use of small data transfer to boost demand      112

6.4.2.5    Wi-Fi      112

6.4.2.5.1 Easy accessibility by smartphones, digital cameras, and personal computers to boost demand                112

6.4.2.6    Near-field communication  112

6.4.2.6.1 Ability to offer cost-efficient connectivity for IoT devices to fuel market    112

6.4.2.7    Cellular networks 113

6.4.2.7.1 Ability to transfer large amount of data over long distances to boost demand        113

6.4.2.8    Wireless highway addressable remote transducer           113

6.4.2.8.1 Ability to offer easy access to configuration and process data in industrial environments to support growth      113

6.4.2.9    GPS/GNSS modules            113

6.4.2.9.1 Need to record high-precision data to aid growth           113

6.4.2.10  ISA100   114

6.4.2.10.1                Compatibility with IoT technologies to drive demand                 114

6.4.2.11  Bluetooth/WLAN 114

6.4.2.11.1                Increasing applications in healthcare devices and retail industry to boost demand   114

6.5           MEMORY DEVICES          115

6.5.1        ON-CHIP MEMORY DEVICES      116

6.5.1.1    High-speed performance with reduced power consumption to fuel market             116

6.5.2        OFF-CHIP MEMORY DEVICES     116

6.5.2.1    Rising deployment in servers, PCs, and mobile devices to boost demand  116

6.6           LOGIC DEVICES                116

6.6.1        FIELD-PROGRAMMABLE GATE ARRAYS 117

6.6.1.1    Ability to offer rapid prototyping to support growth      117

7               IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION                 118

7.1           INTRODUCTION              119

7.2           REAL-TIME STREAMING ANALYTICS       121

7.2.1        NEED TO ANALYZE DATA GENERATED IN DIFFERENT FORMATS IN REAL TIME TO BOOST DEMAND   121

7.3           SECURITY SOLUTIONS  121

7.3.1        GROWING NEED TO SECURE NETWORK OF CONNECTED DEVICES TO DRIVE MARKET          121

7.4           DATA MANAGEMENT    122

7.4.1        INCREASING NEED TO UNDERSTAND DATA PATTERNS AND DEVELOP LOGICAL INFORMATION TO BOOST DEMAND                 122

7.5           REMOTE MONITORING 122

7.5.1        RISING DEPLOYMENT IN SMART GRIDS, PIPELINE SENSORS, AND SERVER MONITORING TO FOSTER GROWTH                 122

7.6           NETWORK BANDWIDTH MANAGEMENT               123

7.6.1        ABILITY TO INCREASE NETWORK EFFICIENCY BY TRACKING BANDWIDTH AND RESOURCE CONSUMPTION TO DRIVE MARKET 123

8               IOT TECHNOLOGY MARKET, BY PLATFORM       124

8.1           INTRODUCTION              125

8.2           DEVICE MANAGEMENT 127

8.2.1        INCREASING REQUIREMENT TO MANAGE ACCESS AND CONTROL OVER IOT DEVICES TO FUEL MARKET             127

8.3           APPLICATION MANAGEMENT   127

8.3.1        RISING NEED FOR EFFECTIVE MONITORING AND REMOTE DEVICE MANAGEMENT TO BOOST DEMAND  127

8.4           NETWORK MANAGEMENT           128

8.4.1        ABILITY TO PREVENT NETWORK CRASHES DUE TO HIGH AMOUNT OF DATA TRANSFERS TO DRIVE DEMAND                 128

9               IOT TECHNOLOGY MARKET, BY SERVICE             129

9.1           INTRODUCTION              130

9.2           PROFESSIONAL SERVICES            132

9.2.1        INCREASING DEMAND FOR CONNECTED DEVICES IN INDUSTRIAL AND TRANSPORTATION SECTORS TO BOOST DEMAND             132

9.2.1.1    Business planning 132

9.2.1.2    System design       132

9.2.1.3    Security  132

9.2.1.4    Software/Platform development and integration            133

9.2.1.5    Operational support and maintenance              133

9.2.1.6    Delivery and deployment    133

9.3           MANAGED SERVICES      134

9.3.1        INCREASING ADOPTION OF OUTSOURCED MANAGED SERVICES TO DRIVE DEMAND   134

9.3.1.1    Streamline operations          134

9.3.1.2    Optimize personnel              134

9.3.1.3    Manage IoT costs 134

9.3.1.4    Enhanced visibility               134

10            IOT TECHNOLOGY MARKET, BY END-USE APPLICATION   135

10.1         INTRODUCTION              136

10.2         INDUSTRIAL APPLICATIONS      138

10.2.1      HEALTHCARE    138

10.2.1.1  Growing cases of chronic illness to fuel market               138

10.2.1.2  IoT technology-based products used in healthcare sector                 140

10.2.1.2.1                Fitness & heart rate monitors             140

10.2.1.2.2                Blood pressure monitors     140

10.2.1.2.3                Blood glucose meters           140

10.2.1.2.4                Continuous glucose monitors             140

10.2.1.2.5                Pulse oximeters     141

10.2.1.2.6                Automated external defibrillators      141

10.2.1.2.7                Programmable syringe pumps            141

10.2.1.2.8                Wearable injectors                141

10.2.1.2.9                Multiparameter monitors    142

10.2.1.2.10             Fall detectors         142

10.2.1.2.11             Smart pill dispensers            142

10.2.1.2.12             Gateways                142

10.2.2      AUTOMOTIVE & TRANSPORTATION      142

10.2.2.1  Increasing demand for connected automobile services to drive market    142

10.2.2.2  IoT technology-based products used in automotive & transportation sector            143

10.2.2.2.1                Connected cars     143

10.2.2.2.2                Ultrasonic sensors                 145

10.2.2.2.3                Camera/Image sensors        145

10.2.2.2.4                Radars    146

10.2.2.2.5                LiDAR    146

10.2.2.2.6                Infrared detectors 146

10.2.2.3  In-car infotainment               146

10.2.2.4  Traffic management             146

10.2.2.4.1                Vehicle detection sensors    146

10.2.2.4.2                Pedestrian presence sensors               146

10.2.2.4.3                Speed sensors        146

10.2.2.4.4                Thermal cameras  147

10.2.2.4.5                Automated incident detection cameras             147

10.2.2.5  Public transport/Mass transit             147

10.2.2.6  E-tolls     147

10.2.2.7  Gateways                147

10.2.3      BUILDING AUTOMATION            147

10.2.3.1  Increased awareness regarding energy conservation to aid growth                 147

10.2.3.2  IoT technology-based products used in building automation sector      148

10.2.3.2.1                Occupancy sensors               148

10.2.3.2.2                Daylight sensors   149

10.2.3.2.3                Smart thermostats                 149

10.2.3.2.4                IP cameras             149

10.2.3.2.5                Smart meters         149

10.2.3.2.6                Smart locks            150

10.2.3.2.7                Smoke detectors   150

10.2.3.2.8                Gateways                150

10.2.4      MANUFACTURING          150

10.2.4.1  Increasing adoption of Industry 4.0 & 5.0 principles to propel market    150

10.2.4.2  IoT technology-based products used in manufacturing sector                 152

10.2.4.2.1                Temperature sensors           152

10.2.4.2.2                Pressure sensors   152

10.2.4.2.3                Level sensors         152

10.2.4.2.4                Flow sensors          152

10.2.4.2.5                Chemical sensors  152

10.2.4.2.6                Humidity sensors 152

10.2.4.2.7                Motion & position sensors  152

10.2.4.2.8                Image sensors        153

10.2.4.2.9                Gateways                153

10.2.5      RETAIL 153

10.2.5.1  Growing popularity of digital signage and intelligent vending machines to drive market    153

10.2.5.2  IoT technology-based products used in retail sector      154

10.2.5.2.1                Intelligent vending machines              154

10.2.5.2.2                Contactless checkout           155

10.2.5.2.3                Smart mirrors        155

10.2.5.2.4                Smart shopping carts           155

10.2.5.2.5                Digital signage      155

10.2.5.2.6                Smart tags              155

10.2.5.2.7                Wireless beacons  155

10.2.5.2.8                Gateways                156

10.2.6      BFSI       156

10.2.6.1  Increasing deployment of IoT technology and rising competition in fintech sector to boost market        156

10.2.6.2  IoT technology-based products in BFSI sector                157

10.2.6.2.1                Mobile point of sale              157

10.2.6.2.2                Smart kiosk/Interactive kiosk             157

10.2.6.2.3                Gateways                157

10.2.7      OIL & GAS            157

10.2.7.1  Rising convergence of machines and intelligent data to boost market    157

10.2.7.2  IoT technology-based products in oil & gas industry     158

10.2.7.2.1                Temperature sensors           158

10.2.7.2.2                Pressure sensors   159

10.2.7.2.3                Level sensors         159

10.2.7.2.4                Flow sensors          159

10.2.7.2.5                Image sensors        159

10.2.7.2.6                Gateways                159

10.2.7.2.7                Other sensors        159

10.2.8      AGRICULTURE  159

10.2.8.1  Increasing trend of crop monitoring and analyzing soil conditions to drive market      159

10.2.8.2  IoT technology-based products used in agriculture sector                 161

10.2.8.2.1                Climate sensors    161

10.2.8.2.2                Soil moisture sensors           161

10.2.8.2.3                Level sensors         161

10.2.8.2.4                Gateways                161

10.2.9      AEROSPACE & DEFENSE                161

10.2.9.1  Rising focus on improving efficiency, passenger safety, security, and experience to boost demand        161

10.2.9.2  IoT technology-based products used in aerospace & defense sector      162

10.2.9.2.1                Smart baggage tags               162

10.2.9.2.2                Smart beacons       162

10.2.9.2.3                ePassport gates     162

10.2.9.2.4                Drones/Unmanned Aerial Vehicles  163

10.2.9.2.5                Gateways                163

10.3         CONSUMER APPLICATIONS        163

10.3.1      WEARABLE DEVICES      164

10.3.1.1  Escalating demand for smartwatches to drive market    164

10.3.1.2  IoT technology-based products used in wearable device industry                 164

10.3.1.2.1                Activity monitors  164

10.3.1.2.2                Smartwatches        164

10.3.1.2.3                Smart glasses         165

10.3.1.2.4                Body-worn cameras              165

10.3.2      CONSUMER ELECTRONICS          166

10.3.2.1  Ability to measure and control energy usage to boost demand                 166

10.3.2.2  IoT technology-based products used in consumer electronics industry  166

10.3.2.2.1                Smart lighting devices          166

10.3.2.2.2                Smart TVs              166

10.3.2.2.3                Smart washing machines     166

10.3.2.2.4                Smart dryers          167

10.3.2.2.5                Smart refrigerators                167

10.3.2.2.6                Smart ovens           167

10.3.2.2.7                Smart cooktops     167

10.3.2.2.8                Smart cookers       167

10.3.2.2.9                Smart deep freezers              168

10.3.2.2.10             Smart dishwashers                168

10.3.2.2.11             Smart coffee makers             168

10.3.2.2.12             Smart kettles         168

10.3.2.2.13             Gateways                168

11            IOT TECHNOLOGY MARKET, BY REGION              171

11.1         INTRODUCTION              172

11.2         NORTH AMERICA             173

11.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 173

11.2.2      US           177

11.2.2.1  Increasing R&D in IoT to contribute to growth               177

11.2.3      CANADA               178

11.2.3.1  Increasing establishment of data centers to fuel growth                 178

11.2.4      MEXICO                179

11.2.4.1  Rising preference for new technologies in manufacturing sector to aid growth         179

11.3         EUROPE               180

11.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      180

11.3.2      UK          184

11.3.2.1  Presence of robust digital infrastructure to fuel market 184

11.3.3      GERMANY           185

11.3.3.1  Increased adoption of IoT solutions by automotive and manufacturing sectors to boost demand           185

11.3.4      FRANCE                186

11.3.4.1  Rising demand for portable electronics to propel market                 186

11.3.5      ITALY    187

11.3.5.1  Surge in digital transformation in manufacturing, smart cities, and home automation to drive market               187

11.3.6      SPAIN    188

11.3.6.1  Increasing innovations in home automation, connected retail, and urban infrastructure to aid growth             188

11.3.7      POLAND               189

11.3.7.1  Increasing integration of IoT in utilities, logistics, finance, and construction to boost market              189

11.3.8      NORDICS             190

11.3.8.1  Increasing penetration of smart homes to foster growth                 190

11.3.9      REST OF EUROPE             190

11.4         ASIA PACIFIC     191

11.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 191

11.4.2      CHINA  195

11.4.2.1  Booming manufacturing sector to drive market               195

11.4.3      JAPAN   196

11.4.3.1  Rising emphasis on developing robotics to boost demand                 196

11.4.4      SOUTH KOREA  197

11.4.4.1  Growing R&D for IoT technologies to drive market       197

11.4.5      INDIA    199

11.4.5.1  Expanding internet and smartphone penetration to aid growth                 199

11.4.6      AUSTRALIA         199

11.4.6.1  Favorable government initiatives and strong connectivity infrastructure to boost market            199

11.4.7      INDONESIA        200

11.4.7.1  Rising adoption of digital services and growing demand for connected devices to propel market  200

11.4.8      MALAYSIA           201

11.4.8.1  Favorable policy framework and 5G rollout to foster growth                 201

11.4.9      THAILAND          202

11.4.9.1  Increasing focus on digital transformation and innovation-led initiatives to boost market   202

11.4.10   VIETNAM             203

11.4.10.1                 Digital transformation programs to support growth                 203

11.4.11   REST OF ASIA PACIFIC   204

11.5         REST OF THE WORLD    204

11.5.1      MACROECONOMIC OUTLOOK FOR REST OF THE WORLD 204

11.5.2      SOUTH AMERICA             208

11.5.2.1  Growing digitalization initiatives and increased adoption of connected devices to drive market     208

11.5.3      MIDDLE EAST   208

11.5.3.1  Bahrain  209

11.5.3.1.1                Rising government-led digital transformation programs and smart city initiatives to aid growth             209

11.5.3.2  Kuwait    209

11.5.3.2.1                Increasing emphasis on industrial automation and digital services to propel market         209

11.5.3.3  Oman     209

11.5.3.3.1                Growing use of IoT in oil & gas, utilities, transportation, and healthcare to boost market          209

11.5.3.4  Qatar      209

11.5.3.4.1                Increasing advancements in smart transportation, energy management, and healthcare to spur growth      209

11.5.3.5  Saudi Arabia          210

11.5.3.5.1                Rise in digitalization, industrial automation, and smart urban planning to drive market          210

11.5.3.6  UAE        210

11.5.3.6.1                Widespread rollout of 5G and investments in AI-enabled IoT solutions to facilitate growth        210

11.5.3.7  Rest of Middle East              210

11.5.4      AFRICA 210

11.5.4.1  South Africa           211

11.5.4.1.1                Increasing implementation of IoT solutions in traffic management and energy optimization to boost market 211

11.5.4.2  Other African Countries     211

12            COMPETITIVE LANDSCAPE         212

12.1         OVERVIEW          212

12.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            212

12.3         REVENUE ANALYSIS, 2021–2024  214

12.4         MARKET SHARE ANALYSIS, 2024                 215

12.5         COMPANY VALUATION AND FINANCIAL METRICS, 2024                 217

12.6         BRAND/PRODUCT COMPARISON             218

12.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 218

12.7.1      STARS   218

12.7.2      EMERGING LEADERS     219

12.7.3      PERVASIVE PLAYERS      219

12.7.4      PARTICIPANTS 219

12.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         220

12.7.5.1  Company footprint               220

12.7.5.2  Region footprint   220

12.7.5.3  Node component footprint 221

12.7.5.4  Software solution footprint 222

12.7.5.5  Service footprint   222

12.7.5.6  End-use application footprint             223

12.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        223

12.8.1      PROGRESSIVE COMPANIES         223

12.8.2      RESPONSIVE COMPANIES            224

12.8.3      DYNAMIC COMPANIES  224

12.8.4      STARTING BLOCKS         224

12.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 225

12.8.5.1  Detailed list of key startups/SMEs    225

12.8.5.2  Competitive benchmarking of key startups/SMEs          225

12.9         COMPETITIVE SCENARIO             226

12.9.1      PRODUCT LAUNCHES   226

12.9.2      DEALS  227

12.9.3      EXPANSIONS     228

13            COMPANY PROFILES      229

13.1         INTRODUCTION              229

13.2         KEY PLAYERS     229

13.2.1      INTEL CORPORATION   229

13.2.1.1  Business overview 229

13.2.1.2  Products offered   231

13.2.1.3  Recent developments           232

13.2.1.3.1                Product launches  232

13.2.1.3.2                Deals      234

13.2.1.4  MnM view              235

13.2.1.4.1                Key strengths        235

13.2.1.4.2                Strategic choices   235

13.2.1.4.3                Weaknesses and competitive threats 235

13.2.2      QUALCOMM TECHNOLOGIES, INC.         236

13.2.2.1  Business overview 236

13.2.2.2  Products offered   237

13.2.2.3  Recent developments           238

13.2.2.3.1                Product launches  238

13.2.2.3.2                Deals      240

13.2.2.4  MnM view              241

13.2.2.4.1                Key strengths        241

13.2.2.4.2                Strategic choices   241

13.2.2.4.3                Weaknesses and competitive threats 241

13.2.3      TEXAS INSTRUMENTS INCORPORATED 242

13.2.3.1  Business overview 242

13.2.3.2  Products offered   243

13.2.3.3  Recent developments           244

13.2.3.3.1                Product launches  244

13.2.3.3.2                Expansions             246

13.2.3.4  MnM view              246

13.2.3.4.1                Key strengths        246

13.2.3.4.2                Strategic choices   246

13.2.3.4.3                Weaknesses and competitive threats 246

13.2.4      STMICROELECTRONICS                247

13.2.4.1  Business overview 247

13.2.4.2  Products offered   248

13.2.4.3  Recent developments           249

13.2.4.3.1                Product launches  249

13.2.4.3.2                Deals      251

13.2.4.4  MnM view              252

13.2.4.4.1                Key strengths        252

13.2.4.4.2                Strategic choices   253

13.2.4.4.3                Weaknesses and competitive threats 253

13.2.5      IBM        254

13.2.5.1  Business overview 254

13.2.5.2  Products offered   255

13.2.5.3  Recent developments           256

13.2.5.3.1                Product launches  256

13.2.5.3.2                Deals      256

13.2.5.4  MnM view              257

13.2.5.4.1                Key strengths        257

13.2.5.4.2                Strategic choices   257

13.2.5.4.3                Weaknesses and competitive threats 257

13.2.6      HP INC. 258

13.2.6.1  Business overview 258

13.2.6.2  Products offered   259

13.2.6.3  Recent developments           260

13.2.6.3.1                Deals      260

13.2.6.3.2                Expansions             261

13.2.7      CISCO SYSTEMS, INC.     262

13.2.7.1  Business overview 262

13.2.7.2  Products offered   263

13.2.7.3  Recent developments           265

13.2.7.3.1                Product launches  265

13.2.7.3.2                Deals      266

13.2.8      MICROSOFT       267

13.2.8.1  Business overview 267

13.2.8.2  Products offered   268

13.2.8.3  Recent developments           270

13.2.8.3.1                Deals      270

13.2.9      PTC        272

13.2.9.1  Business overview 272

13.2.9.2  Products offered   273

13.2.9.3  Recent developments           274

13.2.9.3.1                Product launches  274

13.2.9.3.2                Deals      274

13.2.10   AMAZON WEB SERVICES, INC.    276

13.2.10.1                 Business overview 276

13.2.10.2                 Products offered   276

13.2.10.3                 Recent developments           277

13.2.10.3.1             Product launches  277

13.2.10.3.2             Deals      278

13.3         OTHER PLAYERS              279

13.3.1      GENERAL ELECTRIC COMPANY 279

13.3.2      SOFTEQ DEVELOPMENT CORP.                 280

13.3.3      SCIENCESOFT USA CORPORATION          281

13.3.4      ORACLE                282

13.3.5      SIEMENS              283

13.3.6      SAP SE  284

13.3.7      ROBERT BOSCH GMBH 284

13.3.8      HUAWEI TECHNOLOGIES CO., LTD.        285

13.3.9      SCHNEIDER ELECTRIC  286

13.3.10   ARM LIMITED   287

13.3.11   NXP SEMICONDUCTORS N.V.     288

13.3.12   TE CONNECTIVITY         289

13.3.13   SOFTWARE AG  290

13.3.14   MICROCHIP TECHNOLOGY INC.               290

13.3.15   VATES   292

13.3.16   CELLHIRE PLC  292

13.3.17   CLEARBLADE    293

13.3.18   SOLULAB INC.   293

13.3.19   KONSTANT INFOSOLUTIONS    294

13.3.20   BINARIKS INC.   294

14            APPENDIX           295

14.1         DISCUSSION GUIDE        295

14.2         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                298

14.3         CUSTOMIZATION OPTIONS        300

14.4         RELATED REPORTS         300

14.5         AUTHOR DETAILS           301

LIST OF TABLES

TABLE 1                IOT TECHNOLOGY MARKET: INCLUSIONS AND EXCLUSIONS      33

TABLE 2                AVERAGE SELLING PRICE OF NODE COMPONENTS, BY TYPE, 2021–2024 (USD)            64

TABLE 3                AVERAGE SELLING PRICE ANALYSIS OF NODE COMPONENTS, BY KEY PLAYER, 2024 (USD)        65

TABLE 4                IOT TECHNOLOGY MARKET: ROLES OF COMPANIES IN ECOSYSTEM       69

TABLE 5                PATENT REGISTRATIONS RELATED TO IOT TECHNOLOGY, 2022–2023              73

TABLE 6                IOT TECHNOLOGY MARKET: KEY CONFERENCES AND EVENTS, 2025–2026                 76

TABLE 7                STANDARDS FOR IOT TECHNOLOGY MARKET                 80

TABLE 8                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS                 82

TABLE 9                EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           82

TABLE 10              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 83

TABLE 11              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 84

TABLE 12              IOT TECHNOLOGY MARKET: PORTER’S FIVE FORCES ANALYSIS           85

TABLE 13              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE

APPLICATION (%)            87

TABLE 14              KEY BUYING CRITERIA, BY END-USE APPLICATION   88

TABLE 15              US ADJUSTED RECIPROCAL TARIFF RATES                 90

TABLE 16              IOT TECHNOLOGY MARKET, BY NODE COMPONENT, 2021–2024 (USD BILLION)               94

TABLE 17              IOT TECHNOLOGY MARKET, BY NODE COMPONENT, 2025–2030 (USD BILLION)               95

TABLE 18              IOT TECHNOLOGY MARKET, BY NODE COMPONENT, 2021–2024 (MILLION UNITS)          95

TABLE 19              IOT TECHNOLOGY MARKET, BY NODE COMPONENT, 2025–2030 (MILLION UNITS)          95

TABLE 20              IOT TECHNOLOGY MARKET FOR NODE COMPONENTS, BY REGION,

2021–2024 (USD BILLION)             96

TABLE 21              IOT TECHNOLOGY MARKET FOR NODE COMPONENTS, BY REGION,

2025–2030 (USD BILLION)             96

TABLE 22              IOT TECHNOLOGY MARKET FOR PROCESSORS, BY TYPE,

2021–2024 (USD BILLION)             97

TABLE 23              IOT TECHNOLOGY MARKET FOR PROCESSORS, BY TYPE,

2025–2030 (USD BILLION)             97

TABLE 24              IOT TECHNOLOGY MARKET FOR PROCESSORS, BY END-USE APPLICATION,

2021–2024 (USD BILLION)             97

TABLE 25              IOT TECHNOLOGY MARKET FOR PROCESSORS, BY END-USE APPLICATION,

2025–2030 (USD BILLION)             98

TABLE 26              IOT TECHNOLOGY MARKET FOR SENSORS, BY TYPE, 2021–2024 (USD BILLION) 100

TABLE 27              IOT TECHNOLOGY MARKET FOR SENSORS, BY TYPE, 2025–2030 (USD BILLION) 101

TABLE 28              IOT TECHNOLOGY MARKET FOR SENSORS, BY END-USE APPLICATION,

2021–2024 (USD BILLION)             101

TABLE 29              IOT TECHNOLOGY MARKET FOR SENSORS, BY END-USE APPLICATION,

2025–2030 (USD BILLION)             101

TABLE 30              IOT TECHNOLOGY MARKET FOR CONNECTIVITY ICS, BY CONNECTIVITY TECHNOLOGY,  2021–2024 (USD BILLION)        108

TABLE 31              IOT TECHNOLOGY MARKET FOR CONNECTIVITY ICS, BY CONNECTIVITY TECHNOLOGY,  2025–2030 (USD BILLION)        108

TABLE 32              IOT TECHNOLOGY MARKET FOR CONNECTIVITY ICS, BY END-USE APPLICATION,  2021–2024 (USD BILLION) 108

TABLE 33              IOT TECHNOLOGY MARKET FOR CONNECTIVITY ICS, BY END-USE APPLICATION,  2025–2030 (USD BILLION) 109

TABLE 34              IOT TECHNOLOGY MARKET FOR CONNECTIVITY ICS, BY WIRED TECHNOLOGY,  2021–2024 (USD BILLION)             110

TABLE 35              IOT TECHNOLOGY MARKET FOR CONNECTIVITY ICS, BY WIRED TECHNOLOGY,  2025–2030 (USD BILLION)             111

TABLE 36              IOT TECHNOLOGY MARKET FOR CONNECTIVITY ICS, BY WIRELESS TECHNOLOGY,  2021–2024 (USD BILLION) 114

TABLE 37              IOT TECHNOLOGY MARKET FOR MEMORY DEVICES, BY TYPE,

2021–2024 (USD BILLION)             115

TABLE 38              IOT TECHNOLOGY MARKET FOR MEMORY DEVICES, BY TYPE,

2025–2030 (USD BILLION)             115

TABLE 39              IOT TECHNOLOGY MARKET FOR MEMORY DEVICES, BY END-USE APPLICATION,  2021–2024 (USD BILLION)             115

TABLE 40              IOT TECHNOLOGY MARKET FOR MEMORY DEVICES, BY END-USE APPLICATION,  2025–2030 (USD BILLION)             115

TABLE 41              IOT TECHNOLOGY MARKET FOR LOGIC DEVICES, BY END-USE APPLICATION,  2021–2024 (USD BILLION)             116

TABLE 42              IOT TECHNOLOGY MARKET FOR LOGIC DEVICES, BY END-USE APPLICATION,  2025–2030 (USD BILLION)             117

TABLE 43              IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION, 2021–2024 (USD BILLION)     119

TABLE 44              IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION, 2025–2030 (USD BILLION)     120

TABLE 45              IOT TECHNOLOGY MARKET FOR SOFTWARE SOLUTIONS, BY REGION,

2021–2024 (USD BILLION)             120

TABLE 46              IOT TECHNOLOGY MARKET FOR SOFTWARE SOLUTIONS, BY REGION,

2025–2030 (USD BILLION)             120

TABLE 47              IOT TECHNOLOGY MARKET, BY PLATFORM, 2021–2024 (USD BILLION)             125

TABLE 48              IOT TECHNOLOGY MARKET, BY PLATFORM, 2025–2030 (USD BILLION)             125

TABLE 49              IOT TECHNOLOGY MARKET FOR PLATFORM, BY REGION,

2021–2024 (USD BILLION)             126

TABLE 50              IOT TECHNOLOGY MARKET FOR PLATFORM, BY REGION,

2025–2030 (USD BILLION)             126

TABLE 51              IOT TECHNOLOGY MARKET, BY SERVICE, 2021–2024 (USD BILLION)        130

TABLE 52              IOT TECHNOLOGY MARKET, BY SERVICE, 2025–2030 (USD BILLION)        130

TABLE 53              IOT TECHNOLOGY MARKET FOR SERVICES, BY REGION, 2021–2024 (USD BILLION)           131

TABLE 54              IOT TECHNOLOGY MARKET FOR SERVICES, BY REGION, 2025–2030 (USD BILLION)           131

TABLE 55              IOT TECHNOLOGY MARKET, BY END-USE APPLICATION, 2021–2024 (USD BILLION)               136

TABLE 56              IOT TECHNOLOGY MARKET, BY END-USE APPLICATION, 2025–2030 (USD BILLION)               136

TABLE 57              IOT TECHNOLOGY MARKET FOR INDUSTRIAL APPLICATIONS, BY TYPE,

2021–2024 (USD BILLION)             137

TABLE 58              IOT TECHNOLOGY MARKET FOR CONSUMER APPLICATIONS, BY TYPE,

2021–2024 (USD BILLION)             137

TABLE 59              IOT TECHNOLOGY MARKET FOR CONSUMER APPLICATIONS, BY TYPE,

2025–2030 (USD BILLION)             137

TABLE 60              IOT TECHNOLOGY MARKET FOR HEALTHCARE, BY DEVICE TYPE,

2021–2024 (USD MILLION)            139

TABLE 61              IOT TECHNOLOGY MARKET FOR HEALTHCARE, BY DEVICE TYPE,

2025–2030 (USD MILLION)            139

TABLE 62              IOT TECHNOLOGY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE,  2021–2024 (USD MILLION)                 143

TABLE 63              IOT TECHNOLOGY MARKET FOR AUTOMOTIVE & TRANSPORTATION, BY TYPE, 2025–2030 (USD MILLION)                 143

TABLE 64              IOT TECHNOLOGY MARKET FOR BUILDING AUTOMATION, BY TYPE,

2021–2024 (USD BILLION)             148

TABLE 65              IOT TECHNOLOGY MARKET FOR BUILDING AUTOMATION, BY TYPE,

2025–2030 (USD BILLION)             148

TABLE 66              IOT TECHNOLOGY MARKET FOR MANUFACTURING, BY TYPE,

2021–2024 (USD MILLION)            151

TABLE 67              IOT TECHNOLOGY MARKET FOR MANUFACTURING, BY TYPE,

2025–2030 (USD MILLION)            151

TABLE 68              IOT TECHNOLOGY MARKET FOR RETAIL, BY TYPE, 2021–2024 (USD BILLION) 154

TABLE 69              IOT TECHNOLOGY MARKET FOR RETAIL, BY TYPE, 2025–2030 (USD BILLION) 154

TABLE 70              IOT TECHNOLOGY MARKET FOR BFSI, BY TYPE, 2021–2024 (USD MILLION)            156

TABLE 71              IOT TECHNOLOGY MARKET FOR BFSI, BY TYPE, 2025–2030 (USD MILLION)            157

TABLE 72              IOT TECHNOLOGY MARKET FOR OIL & GAS, BY TYPE, 2021–2024 (USD MILLION)                158

TABLE 73              IOT TECHNOLOGY MARKET FOR OIL & GAS, BY TYPE,

2025–2030 (USD THOUSAND)      158

TABLE 74              IOT TECHNOLOGY MARKET FOR AGRICULTURE, BY TYPE,

2021–2024 (USD MILLION)            160

TABLE 75              IOT TECHNOLOGY MARKET FOR AGRICULTURE, BY TYPE,

2025–2030 (USD MILLION)            160

TABLE 76              IOT TECHNOLOGY MARKET FOR AEROSPACE & DEFENSE, BY TYPE,

2021–2024 (USD MILLION)            161

TABLE 77              IOT TECHNOLOGY MARKET FOR AEROSPACE & DEFENSE, BY TYPE,

2025–2030 (USD MILLION)            162

TABLE 78              IOT TECHNOLOGY MARKET FOR CONSUMER APPLICATIONS, BY NODE COMPONENT,  2021–2024 (USD BILLION)             163

TABLE 79              IOT TECHNOLOGY MARKET FOR CONSUMER APPLICATIONS, BY NODE COMPONENT,  2025–2030 (USD BILLION)             164

TABLE 80              IOT TECHNOLOGY MARKET FOR WEARABLE DEVICES, BY TYPE,

2021–2024 (USD BILLION)             165

TABLE 81              IOT TECHNOLOGY MARKET FOR WEARABLE DEVICES, BY TYPE,

2025–2030 (USD BILLION)             165

TABLE 82              IOT TECHNOLOGY MARKET FOR CONSUMER ELECTRONICS, BY TYPE,

2021–2024 (USD BILLION)             169

TABLE 83              IOT TECHNOLOGY MARKET FOR CONSUMER ELECTRONICS, BY TYPE,

2025–2030 (USD MILLION)            169

TABLE 84              IOT TECHNOLOGY MARKET, BY REGION, 2021–2024 (USD BILLION)        172

TABLE 85              IOT TECHNOLOGY MARKET, BY REGION, 2025–2030 (USD BILLION)        173

TABLE 86              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY COUNTRY,

2021–2024 (USD BILLION)             174

TABLE 87              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY COUNTRY,

2025–2030 (USD BILLION)             174

TABLE 88              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             175

TABLE 89              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             175

TABLE 90              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION,

2021–2024 (USD BILLION)             175

TABLE 91              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION,

2025–2030 (USD BILLION)             176

TABLE 92              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY PLATFORM,

2021–2024 (USD BILLION)             176

TABLE 93              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY PLATFORM,

2025–2030 (USD BILLION)             176

TABLE 94              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY SERVICE,

2021–2024 (USD BILLION)             176

TABLE 95              NORTH AMERICA: IOT TECHNOLOGY MARKET, BY SERVICE,

2025–2030 (USD BILLION)             177

TABLE 96              US: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             177

TABLE 97              US: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             178

TABLE 98              CANADA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             178

TABLE 99              CANADA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             179

TABLE 100            MEXICO: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             179

TABLE 101            MEXICO: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             180

TABLE 102            EUROPE: IOT TECHNOLOGY MARKET, BY COUNTRY, 2021–2024 (USD BILLION)      181

TABLE 103            EUROPE: IOT TECHNOLOGY MARKET, BY COUNTRY, 2025–2030 (USD BILLION)      182

TABLE 104            EUROPE: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             182

TABLE 105            EUROPE: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD MILLION)            182

TABLE 106            EUROPE: IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION,

2021–2024 (USD BILLION)             183

TABLE 107            EUROPE: IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION,

2025–2030 (USD BILLION)             183

TABLE 108            EUROPE: IOT TECHNOLOGY MARKET, BY PLATFORM, 2021–2024 (USD BILLION)    183

TABLE 109            EUROPE: IOT TECHNOLOGY MARKET, BY PLATFORM, 2025–2030 (USD BILLION)    183

TABLE 110            EUROPE: IOT TECHNOLOGY MARKET, BY SERVICE, 2021–2024 (USD BILLION)          184

TABLE 111            EUROPE: IOT TECHNOLOGY MARKET, BY SERVICE, 2025–2030 (USD BILLION)          184

TABLE 112            UK: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             185

TABLE 113            UK: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             185

TABLE 114            GERMANY: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             186

TABLE 115            GERMANY: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             186

TABLE 116            FRANCE: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             187

TABLE 117            FRANCE: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             187

TABLE 118            ITALY: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             188

TABLE 119            ITALY: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             188

TABLE 120            SPAIN: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             188

TABLE 121            SPAIN: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             189

TABLE 122            POLAND: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             189

TABLE 123            POLAND: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             189

TABLE 124            NORDICS: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             190

TABLE 125            NORDICS: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             190

TABLE 126            REST OF EUROPE: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             191

TABLE 127            REST OF EUROPE: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             191

TABLE 128            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY COUNTRY,

2021–2024 (USD BILLION)             192

TABLE 129            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY COUNTRY,

2025–2030 (USD BILLION)             193

TABLE 130            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             193

TABLE 131            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD MILLION)            193

TABLE 132            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION,

2021–2024 (USD BILLION)           194

TABLE 133            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION,

2025–2030 (USD BILLION)             194

TABLE 134            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY PLATFORM,

2021–2024 (USD BILLION)             194

TABLE 135            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY PLATFORM,

2025–2030 (USD BILLION)             194

TABLE 136            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY SERVICE, 2021–2024 (USD BILLION)          195

TABLE 137            ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY SERVICE, 2025–2030 (USD BILLION)          195

TABLE 138            CHINA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             196

TABLE 139            CHINA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             196

TABLE 140            JAPAN: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             197

TABLE 141            JAPAN: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             197

TABLE 142            SOUTH KOREA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             198

TABLE 143            SOUTH KOREA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             198

TABLE 144            INDIA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             199

TABLE 145            INDIA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             199

TABLE 146            AUSTRALIA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             200

TABLE 147            AUSTRALIA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             200

TABLE 148            INDONESIA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             201

TABLE 149            INDONESIA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             201

TABLE 150            MALAYSIA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             201

TABLE 151            MALAYSIA: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             202

TABLE 152            THAILAND: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             202

TABLE 153            THAILAND: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             203

TABLE 154            VIETNAM: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             203

TABLE 155            VIETNAM: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             203

TABLE 156            REST OF ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             204

TABLE 157            REST OF ASIA PACIFIC: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD BILLION)             204

TABLE 158            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY COUNTRY,

2021–2024 (USD BILLION)             205

TABLE 159            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY COUNTRY,

2025–2030 (USD BILLION)             205

TABLE 160            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2021–2024 (USD BILLION)             205

TABLE 161            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY NODE COMPONENT,

2025–2030 (USD MILLION)            206

TABLE 162            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION,  2021–2024 (USD BILLION)                 206

TABLE 163            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION,  2025–2030 (USD BILLION)                 206

TABLE 164            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY PLATFORM,

2021–2024 (USD BILLION)             207

TABLE 165            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY PLATFORM,

2025–2030 (USD BILLION)             207

TABLE 166            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY SERVICE,

2021–2024 (USD BILLION)             207

TABLE 167            REST OF THE WORLD: IOT TECHNOLOGY MARKET, BY SERVICE,

2025–2030 (USD BILLION)             207

TABLE 168            IOT TECHNOLOGY MARKET: KEY PLAYER STRATEGIES/RIGHT TO WIN,

JANUARY 2021–AUGUST 2025       212

TABLE 169            IOT TECHNOLOGY MARKET: DEGREE OF COMPETITION, 2024       215

TABLE 170            IOT TECHNOLOGY MARKET: REGION FOOTPRINT       220

TABLE 171            IOT TECHNOLOGY MARKET: NODE COMPONENT FOOTPRINT          221

TABLE 172            IOT TECHNOLOGY MARKET: SOFTWARE SOLUTION FOOTPRINT                222

TABLE 173            IOT TECHNOLOGY MARKET: SERVICE FOOTPRINT       222

TABLE 174            IOT TECHNOLOGY MARKET: END-USE APPLICATION FOOTPRINT         223

TABLE 175            IOT TECHNOLOGY MARKET: DETAILED LIST OF KEY STARTUPS/SMES    225

TABLE 176            IOT TECHNOLOGY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES          225

TABLE 177            IOT TECHNOLOGY MARKET: PRODUCT LAUNCHES, MAY 2020–OCTOBER 2024    226

TABLE 178            IOT TECHNOLOGY MARKET: DEALS, APRIL 2021–MARCH 2025             227

TABLE 179            IOT TECHNOLOGY MARKET: EXPANSIONS, JUNE 2023             228

TABLE 180            INTEL CORPORATION: COMPANY OVERVIEW                 230

TABLE 181            INTEL CORPORATION: PRODUCTS OFFERED                 231

TABLE 182            INTEL CORPORATION: PRODUCT LAUNCHES                 232

TABLE 183            INTEL CORPORATION: DEALS   234

TABLE 184            QUALCOMM TECHNOLOGIES, INC.: COMPANY OVERVIEW          236

TABLE 185            QUALCOMM TECHNOLOGIES, INC.: PRODUCTS OFFERED             237

TABLE 186            QUALCOMM TECHNOLOGIES, INC.: PRODUCT LAUNCHES          238

TABLE 187            QUALCOMM TECHNOLOGIES, INC.: DEALS                 240

TABLE 188            TEXAS INSTRUMENTS INCORPORATED: COMPANY OVERVIEW   242

TABLE 189            TEXAS INSTRUMENTS INCORPORATED: PRODUCTS OFFERED    243

TABLE 190            TEXAS INSTRUMENTS INCORPORATED: PRODUCT LAUNCHES   244

TABLE 191            TEXAS INSTRUMENTS INCORPORATED: EXPANSIONS     246

TABLE 192            STMICROELECTRONICS: COMPANY OVERVIEW                 247

TABLE 193            STMICROELECTRONICS: PRODUCTS OFFERED                 248

TABLE 194            STMICROELECTRONICS: PRODUCT LAUNCHES                 249

TABLE 195            STMICROELECTRONICS: DEALS                251

TABLE 196            IBM: COMPANY OVERVIEW         254

TABLE 197            IBM: PRODUCTS OFFERED          255

TABLE 198            IBM: PRODUCT LAUNCHES         256

TABLE 199            IBM: DEALS        256

TABLE 200            HP INC.: COMPANY OVERVIEW 258

TABLE 201            HP INC.: PRODUCTS OFFERED  259

TABLE 202            HP INC.: DEALS 260

TABLE 203            HP INC.: EXPANSIONS   261

TABLE 204            CISCO SYSTEMS, INC.: COMPANY OVERVIEW                 262

TABLE 205            CISCO SYSTEMS, INC.: PRODUCTS OFFERED                 263

TABLE 206            CISCO SYSTEMS, INC.: PRODUCT LAUNCHES                 265

TABLE 207            CISCO SYSTEMS, INC.: DEALS     266

TABLE 208            MICROSOFT: COMPANY OVERVIEW        267

TABLE 209            MICROSOFT: PRODUCTS OFFERED         268

TABLE 210            MICROSOFT: DEALS       270

TABLE 211            PTC: COMPANY OVERVIEW         272

TABLE 212            PTC: PRODUCTS OFFERED          273

TABLE 213            PTC: PRODUCT LAUNCHES         274

TABLE 214            PTC: DEALS        274

TABLE 215            AMAZON WEB SERVICES, INC.: COMPANY OVERVIEW          276

TABLE 216            AMAZON WEB SERVICES, INC.: PRODUCTS OFFERED             276

TABLE 217            AMAZON WEB SERVICES, INC.: PRODUCT LAUNCHES          277

TABLE 218            AMAZON WEB SERVICES, INC.: DEALS    278

TABLE 219            GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW          279

TABLE 220            SOFTEQ DEVELOPMENT CORP.: COMPANY OVERVIEW          280

TABLE 221            SCIENCESOFT USA CORPORATION:  COMPANY OVERVIEW          281

TABLE 222            ORACLE: COMPANY OVERVIEW                282

TABLE 223            SIEMENS: COMPANY OVERVIEW               283

TABLE 224            SAP SE: COMPANY OVERVIEW   284

TABLE 225            ROBERT BOSCH GMBH: COMPANY OVERVIEW                 284

TABLE 226            HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW          285

TABLE 227            SCHNEIDER ELECTRIC: COMPANY OVERVIEW                 286

TABLE 228            ARM LIMITED: COMPANY OVERVIEW    287

TABLE 229            NXP SEMICONDUCTORS N.V.: COMPANY OVERVIEW          288

TABLE 230            TE CONNECTIVITY: COMPANY OVERVIEW                 289

TABLE 231            SOFTWARE AG: COMPANY OVERVIEW   290

TABLE 232            MICROCHIP TECHNOLOGY INC.: COMPANY OVERVIEW          290

TABLE 233            VATES: COMPANY OVERVIEW   292

TABLE 234            CELLHIRE PLC: COMPANY OVERVIEW   292

TABLE 235            CLEARBLADE: COMPANY OVERVIEW     293

TABLE 236            SOLULAB INC.: COMPANY OVERVIEW    293

TABLE 237            KONSTANT INFOSOLUTIONS: COMPANY OVERVIEW          294

TABLE 238            BINARIKS INC.: COMPANY OVERVIEW    294

LIST OF FIGURES

FIGURE 1              IOT TECHNOLOGY MARKET SEGMENTATION AND REGIONAL SCOPE 32

FIGURE 2              IOT TECHNOLOGY MARKET: RESEARCH DESIGN                37

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              43

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                44

FIGURE 5              DATA TRIANGULATION                44

FIGURE 6              PROCESSORS SEGMENT DOMINATED IOT TECHNOLOGY MARKET IN 2024                 47

FIGURE 7              DATA MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD                 47

FIGURE 8              NETWORK MANAGEMENT SEGMENT TO HAVE LARGEST MARKET SHARE IN 2024             48

FIGURE 9              PROFESSIONAL SERVICES SEGMENT TO HAVE LARGER MARKET SHARE DURING FORECAST PERIOD   48

FIGURE 10            CONSUMER APPLICATIONS SEGMENT TO HOLD LARGEST MARKET SHARE FROM 2025 TO 2030      49

FIGURE 11            IOT TECHNOLOGY MARKET, BY REGION, 2024                 49

FIGURE 12            GROWING PENETRATION OF INTERNET WORLDWIDE AND ADOPTION OF CLOUD-BASED SERVICES TO DRIVE MARKET 51

FIGURE 13            MANAGED SERVICES MARKET TO GROW AT HIGHEST RATE DURING FORECAST PERIOD       51

FIGURE 14            APPLICATION MANAGEMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD       52

FIGURE 15            REMOTE MONITORING SEGMENT TO HAVE HIGHER GROWTH RATE DURING FORECAST PERIOD    52

FIGURE 16            PROCESSORS AND US LED NORTH AMERICAN IOT TECHNOLOGY MARKET IN 2024        53

FIGURE 17            CHINA TO DOMINATE IOT TECHNOLOGY MARKET DURING FORECAST PERIOD    53

FIGURE 18            IOT TECHNOLOGY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,  AND CHALLENGES      54

FIGURE 19            GLOBAL INTERNET PENETRATION TILL 2024, BY REGION (%) 55

FIGURE 20            IOT TECHNOLOGY MARKET: IMPACT ANALYSIS OF DRIVERS       57

FIGURE 21            IOT TECHNOLOGY MARKET: IMPACT ANALYSIS OF RESTRAINTS                58

FIGURE 22            IOT TECHNOLOGY MARKET: IMPACT ANALYSIS OF OPPORTUNITIES      61

FIGURE 23            IOT TECHNOLOGY MARKET: IMPACT ANALYSIS OF CHALLENGES              63

FIGURE 24            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   63

FIGURE 25            AVERAGE SELLING PRICE TREND OF NODE COMPONENTS, 2021–2024 (USD)               64

FIGURE 26            AVERAGE SELLING PRICE ANALYSIS OF NODE COMPONENTS,

BY KEY PLAYER, 2024      65

FIGURE 27            AVERAGE SELLING PRICE TREND OF LOGIC DEVICES, BY REGION,

2021–2024 (USD)                66

FIGURE 28            IOT TECHNOLOGY MARKET: VALUE CHAIN ANALYSIS            67

FIGURE 29            IOT TECHNOLOGY MARKET: ECOSYSTEM ANALYSIS            68

FIGURE 30            INVESTMENT AND FUNDING SCENARIO, 2021–2024 (USD BILLION)        70

FIGURE 31           IOT TECHNOLOGY MARKET: PATENT ANALYSIS, 2014–2024              73

FIGURE 32            IMPORT DATA FOR HS CODE 841510-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)            75

FIGURE 33            EXPORT DATA FOR HS CODE 841510-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)            76

FIGURE 34            IOT TECHNOLOGY MARKET: PORTER’S FIVE FORCES ANALYSIS           85

FIGURE 35            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE APPLICATION    87

FIGURE 36            KEY BUYING CRITERIA, BY END-USE APPLICATION   88

FIGURE 37            IOT TECHNOLOGY MARKET, BY NODE COMPONENT    94

FIGURE 38            IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION          119

FIGURE 39            IOT TECHNOLOGY MARKET, BY PLATFORM                 125

FIGURE 40            IOT TECHNOLOGY MARKET, BY SERVICE                 130

FIGURE 41            IOT TECHNOLOGY MARKET, BY END-USE APPLICATION   136

FIGURE 42            KEY APPLICATION AREAS OF IOT IN BFSI SECTOR                156

FIGURE 43            IOT IN AGRICULTURE SECTOR 160

FIGURE 44            IOT TECHNOLOGY MARKET, BY REGION                 172

FIGURE 45            NORTH AMERICA: IOT TECHNOLOGY MARKET SNAPSHOT          174

FIGURE 46            EUROPE: IOT TECHNOLOGY MARKET SNAPSHOT          181

FIGURE 47            ASIA PACIFIC: IOT TECHNOLOGY MARKET SNAPSHOT          192

FIGURE 48            IOT TECHNOLOGY MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS,

2021–2024              214

FIGURE 49            IOT TECHNOLOGY MARKET SHARE ANALYSIS, 2024        215

FIGURE 50            IOT TECHNOLOGY MARKET: COMPANY VALUATION, 2024 (USD BILLION)             217

FIGURE 51            IOT TECHNOLOGY MARKET: FINANCIAL METRICS (EV/EBITDA), 2024        217

FIGURE 52            IOT TECHNOLOGY MARKET: BRAND/PRODUCT COMPARISON   218

FIGURE 53            IOT TECHNOLOGY MARKET: COMPANY EVALUATION MATRIX  (KEY PLAYERS), 2024      219

FIGURE 54            IOT TECHNOLOGY MARKET: COMPANY FOOTPRINT       220

FIGURE 55            IOT TECHNOLOGY MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2024                224

FIGURE 56            INTEL CORPORATION: COMPANY SNAPSHOT                 230

FIGURE 57            QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT          237

FIGURE 58            TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT   243

FIGURE 59            STMICROELECTRONICS: COMPANY SNAPSHOT                 248

FIGURE 60            IBM: COMPANY SNAPSHOT         255

FIGURE 61            HP INC.: COMPANY SNAPSHOT 259

FIGURE 62            CISCO SYSTEMS, INC.: COMPANY SNAPSHOT                 263

FIGURE 63            MICROSOFT: COMPANY SNAPSHOT        268

FIGURE 64            PTC: COMPANY SNAPSHOT        273