IoT市場規模、シェア、動向、2030年までの世界予測

IoT Market - Global Forecast To 2030

IoT Market by Module Type (Hardware, Connectivity, Software, Services), Focus Areas (Smart Manufacturing, Smart Transportation/Mobility, Smart Energy & Utilities, Smart Healthcare, Smart Buildings, Smart Retail) and Region - Global Forecast to 2030

商品番号 : SMB-12057

出版社MarketsandMarkets
出版年月2025年11月
ページ数362
図表数495
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市場 – モジュールタイプ(ハードウェア、コネクティビティ、ソフトウェア、サービス)、重点分野(スマート製造、スマート交通/モビリティ、スマートエネルギー&ユーティリティ、スマートヘルスケア、スマートビルディング、スマートリテール)および地域別 – 2030年までの世界予測

MarketsandMarkets:IoT 市場は 2025 年に 5,470.6 億米ドルに達すると推定され、2030 年までに 8,652 億米ドルに達し、CAGR 9.6% で成長すると予測されています。

Cisco、IBM、Microsoft、AWSといった大手テクノロジー企業は、堅牢なプラットフォーム、クラウド・エコシステム、AI統合ソリューションを通じてIoTイノベーションを推進しています。これらの企業は、組織が多様な環境にIoTアプリケーションを容易に導入、管理、拡張できるようにしています。CiscoのIoT Control Center、Microsoft Azure IoT Hub、IBM Watson IoTは、エンタープライズグレードのソリューションが接続を簡素化し、セキュリティを強化し、実用的なインテリジェンスを提供する好例です。これらの企業は、IoTデータを機械学習や分析ツールと統合することで、各業界がより深い洞察を得て、意思決定を強化できるようにしています。テクノロジー大手、通信事業者、ハードウェアベンダー間の戦略的パートナーシップは、相互運用性とイノベーションをさらに促進しています。その結果、企業はエンドツーエンドのIoTエコシステムを導入し、業務を最適化し、サイバーセキュリティを強化し、新たなビジネスモデルを開拓することが可能になります。

本市場調査は、IoT市場の規模と成長の可能性を、ハードウェア(モジュール/センサー、セキュリティハードウェア、その他ハードウェア)、コネクティビティ(セルラー、LP-WAN、衛星、その他コネクティビティ)、ソフトウェア(IoTプラットフォーム、アプリケーションソフトウェア、アナリティクスソフトウェア、セキュリティ&セーフティソフトウェア、その他ソフトウェア)、サービス(プロフェッショナルサービス、マネージドサービス)といった様々なセグメントにわたって調査しています。重点分野には、スマート交通/モビリティ、スマートビルディング、スマートエネルギー&ユーティリティ、スマートヘルスケア、スマート農業、スマート製造、スマートリテール、その他の重点分野が含まれます。地域分析は、北米、ヨーロッパ、アジア太平洋、中東・アフリカ、ラテンアメリカを対象としています。

本レポートは、市場リーダーと新規参入企業にとって、世界のIoT市場の収益数値とサブセグメントに関する近似値に関する情報を提供するのに役立ちます。また、ステークホルダーが競争環境を理解し、貴重な洞察を得て、効果的な市場開拓戦略を策定する上でも役立ちます。さらに、本レポートはステークホルダーに市場の動向に関する洞察を提供し、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します。

本レポートでは、以下の洞察を提供しています。

  • IoT市場の成長に影響を与える主要な推進要因(高速で信頼性の高い接続を実現する5Gとエッジコンピューティングの拡大、接続コストの削減と新たな低消費電力ユースケースの実現を可能にするLPWANとセルラーIoTの普及と成熟)、制約要因(サイバーセキュリティとデータプライバシーへの懸念の高まり、相互運用性と統合の課題)、機会(グローバルな接続を実現する宇宙ベースのIoTネットワークの拡大、パーソナライズされたエクスペリエンスを実現する感情認識IoTデバイスの出現)、課題(グローバルなIoT展開を複雑にする国境を越えたデータガバナンスと異なるプライバシールール、異なる規制と標準によるコンプライアンスコストの上昇とグローバル展開の阻害)の分析
  • 製品開発/イノベーション:IoT市場における今後の技術、研究開発活動、新製品・新サービスの発売に関する詳細な洞察
  • 市場開発:本レポートは、様々な地域のIoT市場を分析し、収益性の高い市場に関する包括的な情報を提供します
  • 市場の多様化:IoT市場における新製品・新サービス、未開拓地域、最近の動向、投資に関する包括的な情報
  • 競合評価:主要企業の市場シェア、成長戦略、サービス提供に関する詳細な評価:Microsoft(米国)、Amazon Web Services、Inc.(米国)、Huawei(中国)、Cisco(米国)、Intel(米国)、Qualcomm(米国)、Texas Instruments(米国)、Siemens(米国)、ABB(スイス)、IBM(米国)、SAP(ドイツ)、日立(日本)、PTC(米国)、STMicroelectronics(ST)(スイス)、NXP Semiconductors(オランダ)、HP(米国)、TE Con​​nectivity(スイス)、Advantech(台湾)、Bosch(ドイツ)、TDK Corporation(日本)、オムロン株式会社(日本)、Honeywell(米国)、Oracle(米国)、Software AG(ドイツ)、STC(サウジアラビア)、SAMSUNG(韓国)、Ericsson(スウェーデン)、Avnet(米国)、Alibaba Cloud(中国)、HQSoftware(エストニア)、Blues(米国)、Telit Cinterion(米国) Particle(米国)、ClearBlade(テキサス州)、Ayla Networks(米国)、Losant(オハイオ州)、emnify(ドイツ)

Report Description

MarketsandMarkets: The IoT market is estimated to be worth USD 547.06 billion in 2025 and is projected to reach USD 865.20 billion by 2030, growing at a CAGR of 9.6%.

Major technology companies, including Cisco, IBM, Microsoft, and AWS, are driving IoT innovation through robust platforms, cloud ecosystems, and AI-integrated solutions. These firms are enabling organizations to easily deploy, manage, and scale IoT applications across diverse environments. Cisco’s IoT Control Center, Microsoft Azure IoT Hub, and IBM Watson IoT exemplify how enterprise-grade solutions simplify connectivity, enhance security, and deliver actionable intelligence. By integrating IoT data with machine learning and analytics tools, these companies enable industries to gain deeper insights and enhance decision-making. Strategic partnerships among tech giants, telecom operators, and hardware vendors are further fostering interoperability and innovation. As a result, enterprises are empowered to adopt end-to-end IoT ecosystems that optimize operations, strengthen cybersecurity, and unlock new business models.

IoT市場規模、シェア、動向、2030年までの世界予測
IoT Market – Global Forecast To 2030

“The satellite connectivity segment will witness the highest growth during the forecast period.”

Satellite IoT is gaining momentum in sectors such as agriculture, maritime, mining, and logistics, where terrestrial networks are unavailable or unreliable. The emergence of low-Earth orbit (LEO) satellite constellations has significantly improved bandwidth, latency, and affordability, making satellite IoT viable for large-scale deployment. Companies are leveraging satellite-based solutions for asset tracking, environmental monitoring, and disaster response applications. The integration of satellite networks with 5G and edge computing further enhances real-time data processing and global connectivity. As the need for continuous, borderless communication grows, satellite IoT will become an essential enabler of ubiquitous connectivity, driving rapid market expansion across industries and geographies.

IoT市場規模、シェア、動向、2030年までの世界予測 - by module type
IoT Market – Global Forecast To 2030 – by module type

“The Modules/Sensors segment is expected to have the largest market size during the forecast period.”

Modules and sensors enable real-time data collection and monitoring across various applications, including smart cities, industrial automation, healthcare, and logistics. The proliferation of low-cost sensors and advancements in MEMS (Micro-Electro-Mechanical Systems) technology have accelerated the integration of sensors in both consumer and industrial devices. Connectivity modules, such as Bluetooth, Wi-Fi, and cellular support, enable seamless device communication across distributed networks. Sensors are also becoming increasingly intelligent, integrating with edge AI to analyze data locally and enhance decision-making efficiency. Additionally, the growing demand for environmental, motion, and temperature sensors in smart infrastructure and autonomous systems is fueling market expansion. With IoT deployments scaling globally, the modules and sensors segment remains central to enabling accurate, continuous data flow within interconnected systems.

IoT市場規模、シェア、動向、2030年までの世界予測 - 地域
IoT Market – Global Forecast To 2030 – region

“Asia Pacific is expected to record the highest growth rate during the forecast period.”

The Internet of Things (IoT) market in the Asia Pacific region is witnessing rapid expansion, driven by large-scale digital transformation initiatives and government-backed smart infrastructure projects. Countries such as China, Japan, South Korea, and India are leading the regional growth due to strong industrial automation, increasing adoption of smart city solutions, and advancements in 5G connectivity. The region’s manufacturing and transportation sectors are at the forefront of IoT deployment, using connected sensors and data analytics to enhance efficiency and reduce operational costs. Moreover, the growing demand for predictive maintenance and real-time monitoring across various industries is driving the acceleration of IoT adoption. Asia Pacific is projected to remain one of the fastest-growing IoT markets globally, supported by ongoing investments in edge computing and AI-integrated IoT ecosystems.

Breakdown of primaries

The study offers insights from a range of industry experts, including solution vendors and Tier 1 companies. The break-up of the primaries is as follows:

  • By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
  • By Designation: C-level –35%, D-level – 30%, and Others – 35%
  • By Region: North America – 40%, Europe – 20%, Asia Pacific – 25%, Middle East & Africa – 9%, Latin America – 6%

The major players in the IoT market include Microsoft (US), Amazon Web Services, Inc. (US), Huawei (China), Cisco (US), Intel (US), Qualcomm (US), Texas Instruments (US), Siemens (US), ABB (Switzerland), IBM (US), SAP (Germany), Hitachi (Japan), PTC (US), STMicroelectronics (ST) (Switzerland), NXP Semiconductors (Netherlands), HP (US), TE Connectivity (Switzerland), Advantech (Taiwan), Bosch (Germany) TDK Corporation (Japan), Omron Corporation (Japan), Honeywell (US), Oracle (US), Software AG (Germany), STC (Saudi Arabia), SAMSUNG (South Korea), Ericsson (Sweden), Avnet (US), Alibaba Cloud (China), HQSoftware (Estonia), Blues (US), Telit Cinterion (US), Particle (US), ClearBlade (Texas), Ayla Networks (US), Losant (Ohio), and emnify (Germany). These players have adopted various growth strategies, including partnerships, agreements, collaborations, new product launches, enhancements, and acquisitions, to expand their footprint in the IoT market.

IoT市場規模、シェア、動向、2030年までの世界予測 - 対象企業
IoT Market – Global Forecast To 2030 – ecosystem

Research Coverage

The market study encompasses the IoT market size and growth potential across various segments: hardware (modules/sensors, security hardware, other hardware), connectivity (cellular, LP-WAN, satellite, other connectivity), software (IoT platforms, application software, analytics software, security & safety software, other software), and service (professional services, managed services). The focus area segment includes smart transportation/mobility, smart buildings, smart energy & utilities, smart healthcare, smart agriculture, smart manufacturing, smart retail, and other focus areas. The regional analysis covers North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

Key Benefits of Buying the Report

The report will help market leaders and new entrants with information on the closest approximations of the global IoT market’s revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape, gain valuable insights, and develop effective go-to-market strategies. Moreover, the report will provide stakeholders with insights into the market’s pulse, offering them information on key market drivers, restraints, challenges, and opportunities.

The report provides the following insights.

  • Analysis of key drivers (expansion of 5G and Edge computing for faster and reliable connectivity, broader availability and maturation of LPWAN and cellular IoT that cut connectivity cost and enable new low-power use cases), restraints (rising cybersecurity and data privacy concerns, Interoperability and integration challenges), opportunities (expansion of space-based IoT networks for global connectivity, emergence of emotion-aware IoT devices for personalized experiences), and challenges (cross-border data governance and differing privacy rules that complicate global IoT rollouts, divergent regulations and standards raise compliance costs and deter global scale) influencing the growth of the IoT market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the IoT market
  • Market Development: The report provides comprehensive information about lucrative markets, analyzing the IoT market across various regions
  • Market Diversification: Comprehensive information about new products and services, untapped geographies, recent developments, and investments in the IoT market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players: Microsoft (US), Amazon Web Services, Inc. (US), Huawei (China), Cisco (US), Intel (US), Qualcomm (US), Texas Instruments (US), Siemens (US), ABB (Switzerland), IBM (US), SAP (Germany), Hitachi (Japan), PTC (US), STMicroelectronics (ST) (Switzerland), NXP Semiconductors (Netherlands), HP (US), TE Connectivity (Switzerland), Advantech (Taiwan), Bosch (Germany) TDK Corporation (Japan), Omron Corporation (Japan), Honeywell (US), Oracle (US), Software AG (Germany), STC (Saudi Arabia), SAMSUNG (South Korea), Ericsson (Sweden), Avnet (US), Alibaba Cloud (China), HQSoftware (Estonia), Blues (US), Telit Cinterion (US), Particle (US), ClearBlade (Texas), Ayla Networks (US), Losant (Ohio), and emnify (Germany)

Table of Contents

1               INTRODUCTION              34

1.1           STUDY OBJECTIVES       34

1.2           MARKET DEFINITION   34

1.3           MARKET SCOPE                34

1.3.1        MARKET SEGMENTATION & REGIONAL SCOPE 35

1.3.2        INCLUSIONS AND EXCLUSIONS 36

1.4           YEARS CONSIDERED      36

1.5           CURRENCY CONSIDERED            37

1.6           STAKEHOLDERS               37

1.7           SUMMARY OF CHANGES               38

2               EXECUTIVE SUMMARY  39

2.1           KEY INSIGHTS AND MARKET HIGHLIGHTS          39

2.2           KEY MARKET PARTICIPANTS: MAPPING OF STRATEGIC DEVELOPMENTS              40

2.3           DISRUPTIONS SHAPING MARKET             41

2.4           HIGH-GROWTH SEGMENTS        42

2.5           SNAPSHOT: GLOBAL MARKET SIZE, GROWTH RATE, AND FORECAST                43

3               PREMIUM INSIGHTS       44

3.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN IOT MARKET               44

3.2           IOT MARKET, BY MODULE TYPE AND REGION  45

3.3           IOT MARKET, BY MODULE TYPE               45

3.4           IOT MARKET, BY CONNECTIVITY             46

3.5           IOT MARKET, BY SOFTWARE      46

3.6           IOT MARKET, BY SERVICES          47

3.7           IOT MARKET, BY FOCUS AREA   47

4               MARKET OVERVIEW AND INDUSTRY TRENDS    48

4.1           INTRODUCTION              48

4.2           MARKET DYNAMICS       48

4.2.1        DRIVERS               49

4.2.1.1    Expansion of 5G and edge computing for faster, reliable connectivity           49

4.2.1.2    Broader availability and maturation of LPWAN and cellular IoT that reduce connectivity costs and enable new low-power use cases                 50

4.2.2        RESTRAINTS      50

4.2.2.1    Rising cybersecurity and data privacy concerns               50

4.2.2.2    Interoperability and integration challenges      50

4.2.3        OPPORTUNITIES              50

4.2.3.1    Expansion of space-based IoT networks           50

4.2.3.2    Digital twin technology integration across industries     51

4.2.4        CHALLENGES    51

4.2.4.1    Cross-border data governance and differing privacy rules that complicate global IoT rollouts            51

4.2.4.2    Divergent regulations and standards raise compliance costs and deter global scale  52

4.3           INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES              52

4.3.1        INTERCONNECTED MARKETS   52

4.3.2        CROSS-SECTOR OPPORTUNITIES             52

4.4           STRATEGIC MOVES BY TIER-1/2/3 PLAYERS        53

4.4.1        KEY MOVES AND STRATEGIC FOCUS      53

5               INDUSTRY TRENDS         54

5.1           PORTER’S FIVE FORCES MODEL ANALYSIS           54

5.1.1        THREAT OF NEW ENTRANTS      55

5.1.2        THREAT OF SUBSTITUTES          55

5.1.3        BARGAINING POWER OF SUPPLIERS       55

5.1.4        BARGAINING POWER OF BUYERS             56

5.1.5        INTENSITY OF COMPETITIVE RIVALRY 56

5.2           MACROECONOMIC OUTLOOK  56

5.2.1        INTRODUCTION              56

5.2.2        GDP TRENDS AND FORECAST   56

5.2.3        TRENDS IN GLOBAL IOT INDUSTRY        58

5.3           SUPPLY CHAIN ANALYSIS             59

5.4           VALUE CHAIN ANALYSIS               60

5.5           ECOSYSTEM       61

5.6           PRICING ANALYSIS          63

5.6.1        AVERAGE PRICING ANALYSIS, BY HARDWARE    63

5.6.2        INDICATIVE PRICING ANALYSIS, BY SUBSCRIPTION TYPE     64

5.7           TRADE ANALYSIS             65

5.7.1        EXPORT SCENARIO OF MEASURING OR CHECKING INSTRUMENTS, APPLIANCES, AND MACHINES NOT ELSEWHERE SPECIFIED          65

5.7.2        IMPORT SCENARIO OF MEASURING OR CHECKING INSTRUMENTS, APPLIANCES, AND MACHINES NOT ELSEWHERE SPECIFIED          66

5.8           KEY CONFERENCES AND EVENTS             67

5.9           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            68

5.10         INVESTMENT AND FUNDING SCENARIO               68

5.11         CASE STUDY ANALYSIS 69

5.11.1      NESTLÉ LEVERAGED AWS TO UNLOCK SCALABILITY AND

USE SERVERLESS ARCHITECTURE            69

5.11.2      TITAN INTERNATIONAL ENSURED BUSINESS CONTINUITY WITH

ORACLE ERP CLOUD      69

5.11.3      ELECTRIC RACING ACADEMY (ERA) IMPROVED RACING EXPERIENCE AND PROVIDED REAL-TIME DATA BY DEPLOYING SOFTWARE AG’S APPLICATION INTEGRATION SOLUTION                 70

5.11.4      EATON ACCELERATED INDUSTRY 4.0 TRANSFORMATION USING PTC’S FACTORY INSIGHTS-AS-A-SERVICE FOR HIGH IMPACT        71

5.11.5      PITNEY BOWES EMBRACED INDUSTRIAL INTERNET USING GE PREDIX TO TRANSFORM ITS PRODUCTION MAIL BUSINESS            71

5.12         IMPACT OF 2025 US TARIFF – IOT MARKET          72

5.12.1      INTRODUCTION              72

5.12.2      KEY TARIFF RATES          72

5.12.3      PRICE IMPACT ANALYSIS             73

5.12.4      IMPACT ON COUNTRY/REGION                74

5.12.4.1  US           74

5.12.4.2  Europe   75

5.12.4.3  Asia Pacific            76

5.12.5      IMPACT ON IOT END USERS       77

6               STRATEGIC DISRUPTION: PATENTS, DIGITAL, AND AI ADOPTIONS       79

6.1           KEY EMERGING TECHNOLOGIES              79

6.1.1        SENSORS AND ACTUATORS        79

6.1.2        CONNECTIVITY TECHNOLOGIES             79

6.1.3        EDGE COMPUTING         79

6.2           COMPLEMENTARY TECHNOLOGIES       80

6.2.1        LWM2M (LIGHTWEIGHT MACHINE-TO-MACHINE PROTOCOL)       80

6.2.2        DIGITAL TWIN  80

6.2.3        SECURE OTA/FIRMWARE UPDATE FRAMEWORKS                 80

6.3           TECHNOLOGY/PRODUCT ROADMAP FOR IOT MARKET                 81

6.3.1        SHORT-TERM ROADMAP (2023–2025)      81

6.3.2        MID-TERM ROADMAP (2026–2028)            81

6.3.3        LONG-TERM ROADMAP (2029–2030)        81

6.4           PATENT ANALYSIS          81

6.4.1        LIST OF MAJOR PATENTS             83

6.5           IMPACT OF AI/GENERATIVE AI ON IOT MARKET                 84

6.5.1        TOP USE CASES AND MARKET POTENTIAL OF GENERATIVE AI IN IOT 85

6.5.2        BEST PRACTICES OF IOT MARKET           86

6.5.3        CASE STUDIES OF AI IMPLEMENTATION IN IOT MARKET               86

6.5.3.1    Connected Factory & Predictive Maintenance — Siemens (MindSphere) on AWS       86

6.5.3.2    Asset Management & Predictive Maintenance — DP World (IBM Maximo)     86

6.5.3.3    Audi collaborated with Cisco to build smart factory       87

6.5.3.4    Bosch/Industrial OEMs, maintenance 4.0 & factory optimization                 87

6.5.4        INTERCONNECTED ADJACENT ECOSYSTEM AND

IMPACT ON MARKET PLAYERS  87

6.5.5        CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN IOT                 88

7               REGULATORY LANDSCAPE AND COMPLIANCE 89

7.1           REGULATORY LANDSCAPE         89

7.1.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             89

7.1.1.1    International Telecommunication Union (ITU)             89

7.1.1.2    Internet of Things Consortium (IoTC)             89

7.1.2        INDUSTRY STANDARDS                92

7.1.2.1    North America      92

7.1.2.1.1 US           92

7.1.2.1.2 Canada   92

7.1.2.2    Europe   92

7.1.2.3    Asia Pacific            92

7.1.2.3.1 China      92

7.1.2.3.2 Japan      92

7.1.2.3.3 India       93

7.1.2.4    Middle East & Africa            93

7.1.2.4.1 GCC Countries     93

7.1.2.4.2 South Africa           93

7.1.2.5    Latin America       93

7.1.2.5.1 Brazil      93

8               CUSTOMER LANDSCAPE & BUYER BEHAVIOR    94

8.1           DECISION-MAKING PROCESS     94

8.2           KEY STAKEHOLDERS AND BUYING CRITERIA     95

8.2.1        KEY STAKEHOLDERS IN BUYING PROCESS           95

8.2.2        BUYING CRITERIA           96

8.3           ADOPTION BARRIERS & INTERNAL CHALLENGES                 97

8.4           UNMET NEEDS IN VARIOUS END-USE VERTICALS                 97

9               IOT MARKET, BY MODULE TYPE               99

9.1           INTRODUCTION              100

9.1.1        IOT MARKET, BY MODULE TYPE: DRIVERS          100

9.2           HARDWARE        102

9.2.1        DEMAND FOR RELIABLE AND CERTIFIED ENDPOINTS IN INDUSTRIAL AND MEDICAL APPLICATIONS 102

9.3           CONNECTIVITY                103

9.3.1        RISE IN ADOPTION OF MOBILE IOT APPLICATIONS AND NEED FOR LOW-POWER, LONG-RANGE IOT CONNECTIVITY IN INDUSTRIAL AND SMART CITY APPLICATIONS 103

9.4           SOFTWARE         104

9.4.1        REQUIREMENT TO CONVERT TELEMETRY INTO ACTIONABLE INSIGHT THROUGH SCALABLE PLATFORMS, ADVANCED ANALYTICS, AND INTEROPERABLE APIS      104

9.5           SERVICES             105

9.5.1        NEED TO REDUCE IMPLEMENTATION RISK AND OPERATIONAL BURDEN BY USING PROFESSIONAL EXPERTISE AND MANAGED OPERATIONS   105

10            IOT MARKET, BY HARDWARE     106

10.1         INTRODUCTION              107

10.1.1      IOT HARDWARE: MARKET DRIVERS        108

10.2         MODULES/SENSORS      108

10.2.1      GROWTH IN INDUSTRIAL AUTOMATION, WITH REQUIREMENTS MAINLY IN AGRICULTURE AND AUTOMOTIVE SECTORS              108

10.3         SECURITY HARDWARE  109

10.3.1      INCREASE IN PROCUREMENT MANDATES THAT REQUIRE HARDWARE-BASED SECURITY PRIMITIVES AND CERTIFIED TAMPER RESISTANCE             109

10.4         OTHER HARDWARE        110

11            IOT MARKET, BY CONNECTIVITY             111

11.1         INTRODUCTION              112

11.1.1      IOT CONNECTIVITY: MARKET DRIVERS                112

11.2         CELLULAR           113

11.2.1      ROLLOUT OF 5G NETWORKS, GROWING ADOPTION OF MOBILE IOT APPLICATIONS, AND ADVANCEMENTS IN CELLULAR PROTOCOLS                113

11.3         LP-WAN                114

11.3.1      NEED FOR LOW-POWER, LONG-RANGE IOT CONNECTIVITY IN INDUSTRIAL AND SMART CITY APPLICATIONS 114

11.4         SATELLITE          115

11.4.1      NEED FOR GLOBAL REACH AND REDUNDANCY LAYER WHERE TERRESTRIAL NETWORKS ARE NOT AVAILABLE                 115

11.5         OTHER CONNECTIVITY                116

12            IOT MARKET, BY SOFTWARE      118

12.1         INTRODUCTION              119

12.1.1      IOT SOFTWARE: MARKET DRIVERS          119

12.2         IOT PLATFORMS              120

12.2.1    ENABLING DEVICE CONNECTIVITY AND INTEGRATION, STREAMLINING DATA MANAGEMENT FOR EFFICIENT OPERATIONS ACROSS INDUSTRIES         120

12.3         APPLICATION SOFTWARE           121

12.3.1      AUTOMATING PROCESSES AND ENHANCING OPERATIONAL EFFICIENCY TO OFFER TAILORED SOLUTIONS FOR VARIOUS SECTORS                121

12.4         ANALYTICS SOFTWARE 122

12.4.1      TRANSFORMING LARGE IOT DATASETS INTO ACTIONABLE INSIGHTS, DRIVING SMARTER DECISION-MAKING AND IMPROVED PERFORMANCE            122

12.5         SECURITY & SAFETY SOFTWARE               123

12.5.1      ENSURING PROTECTION AGAINST CYBER THREATS AND SAFEGUARDING INTEGRITY OF IOT SYSTEMS AND CRITICAL DATA                123

12.6         OTHER SOFTWARE         124

13            IOT MARKET, BY SERVICE            126

13.1         INTRODUCTION              127

13.1.1      IOT SERVICES: MARKET DRIVERS             127

13.2         PROFESSIONAL SERVICES            128

13.2.1      GROWTH OF HYBRID/REMOTE WORK REQUIRES SUCCESSFUL SYSTEM INTEGRATION AND DEPLOYMENT SUPPORT             128

13.2.2      IMPLEMENTATION SERVICES    129

13.2.3      STRATEGY & SYSTEM DESIGN SERVICES               130

13.3         MANAGED SERVICES      131

13.3.1      DEMAND FOR PREDICTABLE, EXPERT OPERATIONAL MANAGEMENT FOR DEVICE MANAGEMENT, DATA PROCESSING, AND SYSTEM MAINTENANCE        131

14            IOT MARKET, BY FOCUS AREA   133

14.1         INTRODUCTION              134

14.1.1      IOT FOCUS AREAS: MARKET DRIVERS    134

14.2         SMART TRANSPORTATION/MOBILITY  136

14.2.1      DEMAND FOR EFFICIENT SELF-DRIVING CARS AND IMPROVED TRAFFIC FLOW MANAGEMENT TO DRIVE MARKET                 136

14.3         SMART BUILDINGS         137

14.3.1      ENERGY EFFICIENCY AND ENVIRONMENTAL SUSTAINABILITY TO DRIVE SEGMENT  137

14.4         SMART ENERGY & UTILITIES      138

14.4.1      GLOBAL SHIFT TOWARD RENEWABLE AND STABLE POWER SYSTEMS             138

14.5         SMART HEALTHCARE    139

14.5.1      NEED FOR REMOTE CARE AND CONTINUOUS PATIENT MONITORING   139

14.6         SMART AGRICULTURE  140

14.6.1      PRESSURE TO IMPROVE YIELD WHILE REDUCING RESOURCE USE 140

14.7         SMART MANUFACTURING           141

14.7.1      NEED FOR SIMULATING AND PREDICTING EQUIPMENT PERFORMANCE 141

14.8         SMART RETAIL 142

14.8.1      NEED TO COMPETE WITH ECOMMERCE THROUGH AUTOMATION AND PERSONALIZATION               142

14.9         OTHER FOCUS AREAS    143

15            IOT MARKET, BY REGION             144

15.1         INTRODUCTION              145

15.2         NORTH AMERICA             146

15.2.1      US           152

15.2.1.1  Government directives and norms to enhance IoT security and compatibility in various sectors to drive market               152

15.2.2      CANADA               156

15.2.2.1  Investment in smart city initiatives to promote adoption of IoT technologies for enhanced city living to drive market    156

15.3         EUROPE               161

15.3.1      UK          166

15.3.1.1  First country to legally mandate cybersecurity standards for IoT devices under Product Security and Telecommunications Infrastructure (PSTI) regime       166

15.3.2      GERMANY           170

15.3.2.1  IoT technologies adopted by manufacturing sector to create more efficient and flexible production processes to drive demand         170

15.3.3      FRANCE                175

15.3.3.1  Paris aims to become top smart city by 2050 through its ‘Paris Smart City 2050’ initiative  175

15.3.4      ITALY    179

15.3.4.1  Growth in IoT applications, especially in smart city and energy management projects, to drive market              179

15.3.5      REST OF EUROPE             184

15.4         ASIA PACIFIC     184

15.4.1      CHINA  190

15.4.1.1  Investments in 5G networks and IoT infrastructure to drive market    190

15.4.2      JAPAN   194

15.4.2.1  Use of cost-effective IoT platforms in cloud that allow smaller companies to grow operations with improved connectivity options to drive demand  194

15.4.3      INDIA    198

15.4.3.1  Incentives to VC-funded startups focused on IoT technologies to promote growth in sector to drive demand      198

15.4.4      REST OF ASIA PACIFIC   202

15.5         MIDDLE EAST & AFRICA                202

15.5.1      UAE        207

15.5.1.1  Focus on IoT integration and sustainable urban development due to high internet usage and tech-savvy population to drive demand                 207

15.5.2      KSA        212

15.5.2.1  Vision 2030’s strategic plan of sustainable initiatives to drive market    212

15.5.3      SOUTH AFRICA 216

15.5.3.1  Adoption of IoT technologies demonstrates deliberate dedication to digital transformation      216

15.5.3.2  Rest of Middle East & Africa               220

15.6         LATIN AMERICA                221

15.6.1      BRAZIL 226

15.6.1.1  Manufacturing companies seek advantages from partnerships to eliminate obstacles to IoT implementation      226

15.6.2      MEXICO                230

15.6.2.1  Supportive regulatory environment and growing fintech ecosystem to drive market  230

15.6.3      REST OF LATIN AMERICA             234

16            COMPETITIVE LANDSCAPE         235

16.1         INTRODUCTION              235

16.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023–2025                 235

16.3         REVENUE ANALYSIS, 2022–2024  237

16.4         MARKET SHARE ANALYSIS, 2024                 238

16.5         BRAND/PRODUCT COMPARISON             240

16.6         COMPANY VALUATION AND FINANCIAL METRICS                 241

16.6.1      COMPANY VALUATION 241

16.6.2      FINANCIAL METRICS      241

16.7         COMPANY EVALUATION MATRIX: HARDWARE, 2024                 242

16.7.1      STARS   242

16.7.2      EMERGING LEADERS     242

16.7.3      PERVASIVE PLAYERS      242

16.7.4      PARTICIPANTS 242

16.8         COMPANY EVALUATION MATRIX: SOFTWARE, 2024                 243

16.8.1      STARS   243

16.8.2      EMERGING LEADERS     244

16.8.3      PERVASIVE PLAYERS      244

16.8.4      PARTICIPANTS 244

16.8.5      COMPANY FOOTPRINT: KEY PLAYERS (HARDWARE AND SOFTWARE), 2024  245

16.8.5.1  Company footprint               245

16.8.5.2  Regional footprint                 246

16.8.5.3  Module type footprint          247

16.8.5.4  Focus area footprint             248

16.9         COMPETITIVE SCENARIO             249

16.9.1      PRODUCT LAUNCHES & ENHANCEMENTS           249

16.9.2      DEALS  251

17            COMPANY PROFILES      255

17.1         INTRODUCTION              255

17.2         KEY PLAYERS     255

17.2.1      MICROSOFT       255

17.2.1.1  Business overview 255

17.2.1.2  Products/Solutions/Services offered 256

17.2.1.3  Recent developments           258

17.2.1.3.1                Product launches & enhancements    258

17.2.1.3.2                Deals      258

17.2.1.4  MnM view              260

17.2.1.4.1                Right to win           260

17.2.1.4.2                Strategic choices   260

17.2.1.4.3                Weaknesses and competitive threats 260

17.2.2      HUAWEI               261

17.2.2.1  Business overview 261

17.2.2.2  Products offered   262

17.2.2.3  Recent developments           263

17.2.2.3.1                Product launches  263

17.2.2.3.2                Deals      264

17.2.2.4  MnM view              264

17.2.2.4.1                Right to win           264

17.2.2.4.2                Strategic choices   264

17.2.2.4.3                Weaknesses and competitive threats 265

17.2.3      AMAZON WEB SERVICES, INC.    266

17.2.3.1  Business overview 266

17.2.3.2  Products/Solutions/Services offered 267

17.2.3.3  Recent developments           269

17.2.3.3.1                Product launches & enhancements    269

17.2.3.3.2                Deals      270

17.2.3.4  MnM view              271

17.2.3.4.1                Right to win           271

17.2.3.4.2                Strategic choices   271

17.2.3.4.3                Weaknesses and competitive threats 271

17.2.4      CISCO SYSTEMS, INC.     272

17.2.4.1  Business overview 272

17.2.4.2  Products offered   273

17.2.4.3  Recent developments           276

17.2.4.3.1                Product launches  276

17.2.4.3.2                Deals      277

17.2.4.4  MnM view              278

17.2.4.4.1                Right to win           278

17.2.4.4.2                Strategic choices   278

17.2.4.4.3                Weaknesses and competitive threats 278

17.2.5      INTEL CORPORATION   279

17.2.5.1  Business overview 279

17.2.5.2  Products offered   280

17.2.5.3  Recent developments           284

17.2.5.3.1                Product launches  284

17.2.5.3.2                Deals      284

17.2.5.4  MnM view              285

17.2.5.4.1                Right to win           285

17.2.5.4.2                Strategic choices   285

17.2.5.4.3                Weaknesses and competitive threats 285

17.2.6      QUALCOMM TECHNOLOGIES, INC.         286

17.2.6.1  Business overview 286

17.2.6.2  Products offered   287

17.2.6.3  Recent developments           292

17.2.6.3.1                Product launches  292

17.2.6.3.2                Deals      293

17.2.7      TEXAS INSTRUMENTS INCORPORATED 294

17.2.7.1  Business overview 294

17.2.7.2  Products offered   295

17.2.7.3  Recent developments           298

17.2.7.3.1                Product launches  298

17.2.8      SIEMENS              299

17.2.8.1  Business overview 299

17.2.8.2  Products offered   300

17.2.8.3  Recent developments           301

17.2.8.3.1                Product launches  301

17.2.8.3.2                Deals      302

17.2.9      ABB        303

17.2.9.1  Business overview 303

17.2.9.2  Products offered   304

17.2.9.3  Recent developments           305

17.2.9.3.1                Deals      305

17.2.10   IBM        306

17.2.10.1                 Business overview 306

17.2.10.2                 Products/Solutions/Services offered 307

17.2.10.3                 Recent developments           308

17.2.11   SAP         309

17.2.12   HITACHI               310

17.2.13   PTC        310

17.2.14   STMICROELECTRONICS                311

17.2.15   NXP SEMICONDUCTORS               312

17.2.16   HPE        313

17.2.17   TE CONNECTIVITY         314

17.2.18   ADVANTECH     315

17.2.19   BOSCH 316

17.2.20   TDK CORPORATION       317

17.2.21   OMRON CORPORATION                318

17.2.22   HONEYWELL     319

17.2.23   ORACLE                320

17.2.24   SOFTWARE AG  321

17.2.25   STC        322

17.2.26   SAMSUNG            323

17.2.27   ERICSSON            324

17.2.28   AVNET  325

17.2.29   ALIBABA CLOUD              325

17.3         STARTUPS/SMES              326

17.3.1      HQSOFTWARE  326

17.3.2      PARTICLE            327

17.3.3      CLEARBLADE    328

17.3.4      AYLA NETWORKS             329

17.3.5      LOSANT IOT      330

17.3.6      EMNIFY                331

17.3.7      BLUES   332

17.3.8      TELIT CINTERION           333

18            RESEARCH METHODOLOGY       334

18.1         RESEARCH DATA              334

18.1.1      SECONDARY DATA          335

18.1.2      PRIMARY DATA 336

18.1.2.1  Primary interviews with experts         336

18.1.2.2  Breakdown of primary profiles           337

18.1.2.3  Key data from primary sources           338

18.1.2.4  Key industry insights           338

18.2         DATA TRIANGULATION                339

18.3         MARKET SIZE ESTIMATION         340

18.3.1      TOP-DOWN APPROACH                342

18.3.2      BOTTOM-UP APPROACH              342

18.4         MARKET FORECAST       343

18.4.1      FACTOR ANALYSIS          343

18.5         RESEARCH ASSUMPTIONS           343

18.6         LIMITATIONS    344

19            ADJACENT/RELATED MARKETS                345

19.1         INTRODUCTION              345

19.2         5G IOT MARKET                345

19.2.1      MARKET DEFINITION   345

19.2.2      MARKET OVERVIEW       345

19.2.3      5G IOT MARKET, BY COMPONENT           345

19.2.4      5G IOT MARKET, BY NETWORK TYPE     346

19.2.5      5G IOT MARKET, BY ORGANIZATION SIZE            346

19.2.6      5G IOT MARKET, TYPE  347

19.2.7      5G IOT MARKET, BY END USER 347

19.2.8      5G IOT MARKET, BY REGION      348

19.3         IOT SOLUTIONS AND SERVICES MARKET              349

19.3.1      MARKET DEFINITION   349

19.3.2      MARKET OVERVIEW       349

19.3.3      IOT SOLUTIONS AND SERVICES MARKET, BY COMPONENT    349

19.3.4      IOT SOLUTIONS AND SERVICES MARKET, BY DEPLOYMENT MODE    350

19.3.5      IOT SOLUTIONS AND SERVICES MARKET, BY ORGANIZATION SIZE     351

19.3.6      IOT SOLUTIONS & SERVICES MARKET, BY FOCUS AREA                 352

19.3.7      IOT SOLUTIONS & SERVICES MARKET, BY REGION                 353

20            APPENDIX           354

20.1         DISCUSSION GUIDE        354

20.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                358

20.3         CUSTOMIZATION OPTIONS        360

20.4         RELATED REPORTS         360

20.5         AUTHOR DETAILS           361

LIST OF TABLES

TABLE 1                INCLUSIONS AND EXCLUSIONS 36

TABLE 2                USD EXCHANGE RATES, 2022–2024            37

TABLE 3                IMPACT OF PORTER’S FIVE FORCES ON IOT MARKET               55

TABLE 4                GDP PERCENTAGE CHANGE, BY KEY COUNTRIES, 2021–2029   57

TABLE 5                IOT MARKET: ECOSYSTEM          61

TABLE 6                AVERAGE SELLING PRICE OF KEY PLAYERS FOR IOT HARDWARE PROVIDERS (USD)         63

TABLE 7                INDICATIVE PRICING LEVELS OF IOT SOLUTIONS, BY SUBSCRIPTION TYPE (USD)       64

TABLE 8                IOT MARKET: DETAILED LIST OF KEY CONFERENCES AND EVENTS, 2024–2025                 67

TABLE 9                US ADJUSTED RECIPROCAL TARIFF RATES                 72

TABLE 10              EXPECTED CHANGE IN PRICES AND SUCH ASLY IMPACT ON

END-USE MARKET DUE TO TARIFF IMPACT        73

TABLE 11              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             89

TABLE 12              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  90

TABLE 13              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  91

TABLE 14              REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             91

TABLE 15              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES 95

TABLE 16              KEY BUYING CRITERIA FOR TOP THREE FOCUS AREAS   96

TABLE 17              IOT MARKET: UNMET NEEDS IN KEY END-USE VERTICALS         98

TABLE 18              IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION) 101

TABLE 19              IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION) 101

TABLE 20              IOT HARDWARE MARKET, BY REGION, 2019–2024 (USD BILLION)        102

TABLE 21              IOT HARDWARE MARKET, BY REGION, 2025–2030 (USD BILLION)        102

TABLE 22              IOT CONNECTIVITY MARKET, BY REGION, 2019–2024 (USD BILLION)        103

TABLE 23              IOT CONNECTIVITY MARKET, BY REGION, 2025–2030 (USD BILLION)        103

TABLE 24              IOT SOFTWARE MARKET, BY REGION, 2019–2024 (USD BILLION) 104

TABLE 25              IOT SOFTWARE MARKET, BY REGION, 2025–2030 (USD BILLION) 104

TABLE 26              IOT SERVICES MARKET, BY REGION, 2019–2024 (USD BILLION) 105

TABLE 27              IOT SERVICES MARKET, BY REGION, 2025–2030 (USD BILLION) 105

TABLE 28              IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)             107

TABLE 29              IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)             107

TABLE 30              IOT MODULES/SENSORS MARKET, BY REGION, 2019–2024 (USD BILLION)             108

TABLE 31              IOT MODULES/SENSORS MARKET, BY REGION, 2025–2030 (USD BILLION)             109

TABLE 32              IOT SECURITY HARDWARE MARKET, BY REGION, 2019–2024 (USD BILLION)           109

TABLE 33              IOT SECURITY HARDWARE MARKET, BY REGION, 2025–2030 (USD BILLION)           110

TABLE 34              IOT OTHER HARDWARE MARKET, BY REGION, 2019–2024 (USD BILLION)             110

TABLE 35              IOT OTHER HARDWARE MARKET, BY REGION, 2025–2030 (USD BILLION)             110

TABLE 36              IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION) 113

TABLE 37              IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION) 113

TABLE 38              IOT CELLULAR CONNECTIVITY MARKET, BY REGION, 2019–2024 (USD BILLION)           114

TABLE 39              IOT CELLULAR CONNECTIVITY MARKET, BY REGION, 2025–2030 (USD BILLION)           114

TABLE 40              IOT LP-WAN CONNECTIVITY MARKET, BY REGION, 2019–2024 (USD BILLION)           115

TABLE 41              IOT LP-WAN CONNECTIVITY MARKET, BY REGION, 2025–2030 (USD BILLION)           115

TABLE 42              IOT SATELLITE CONNECTIVITY MARKET, BY REGION, 2019–2024 (USD BILLION)           116

TABLE 43              IOT SATELLITE CONNECTIVITY MARKET, BY REGION, 2025–2030 (USD BILLION)           116

TABLE 44              OTHER IOT CONNECTIVITY TYPES MARKET, BY REGION, 2019–2024 (USD BILLION)           116

TABLE 45              OTHER IOT CONNECTIVITY TYPES MARKET, BY REGION, 2025–2030 (USD BILLION)           117

TABLE 46              IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)             120

TABLE 47              IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)             120

TABLE 48              IOT PLATFORMS MARKET, BY REGION, 2019–2024 (USD BILLION)        121

TABLE 49              IOT PLATFORMS MARKET, BY REGION, 2025–2030 (USD BILLION)        121

TABLE 50              IOT APPLICATION SOFTWARE MARKET, BY REGION, 2019–2024 (USD BILLION)           122

TABLE 51              IOT APPLICATION SOFTWARE MARKET, BY REGION, 2025–2030 (USD BILLION)           122

TABLE 52              IOT ANALYTICS SOFTWARE MARKET, BY REGION, 2019–2024 (USD BILLION)           123

TABLE 53              IOT ANALYTICS SOFTWARE MARKET, BY REGION, 2025–2030 (USD BILLION)           123

TABLE 54              IOT SECURITY & SAFETY SOFTWARE MARKET, BY REGION,

2019–2024 (USD BILLION)             124

TABLE 55              IOT SECURITY & SAFETY SOFTWARE MARKET, BY REGION,

2025–2030 (USD BILLION)             124

TABLE 56              OTHER IOT SOFTWARE MARKET, BY REGION, 2019–2024 (USD BILLION)             125

TABLE 57              OTHER IOT SOFTWARE MARKET, BY REGION, 2025–2030 (USD BILLION)             125

TABLE 58              IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)             127

TABLE 59              IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)             128

TABLE 60              IOT PROFESSIONAL SERVICES MARKET, BY REGION, 2019–2024 (USD BILLION)           128

TABLE 61              IOT PROFESSIONAL SERVICES MARKET, BY REGION, 2025–2030 (USD BILLION)           129

TABLE 62              IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)        129

TABLE 63              IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)        129

TABLE 64              IOT IMPLEMENTATION SERVICES MARKET, BY REGION, 2019–2024 (USD BILLION)           130

TABLE 65              IOT IMPLEMENTATION SERVICES MARKET, BY REGION, 2025–2030 (USD BILLION)           130

TABLE 66              IOT STRATEGY & SYSTEM DESIGN SERVICES MARKET, BY REGION,

2019–2024 (USD BILLION)             131

TABLE 67              IOT STRATEGY & SYSTEM DESIGN SERVICES MARKET, BY REGION,

2025–2030 (USD BILLION)             131

TABLE 68              IOT MANAGED SERVICES MARKET, BY REGION, 2019–2024 (USD BILLION)             132

TABLE 69              IOT MANAGED SERVICES MARKET, BY REGION, 2025–2030 (USD BILLION)             132

TABLE 70              IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)             135

TABLE 71              IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)             135

TABLE 72              IOT MARKET FOR SMART TRANSPORTATION/MOBILITY, BY REGION,

2019–2024 (USD BILLION)             136

TABLE 73              IOT MARKET FOR SMART TRANSPORTATION/MOBILITY, BY REGION,

2025–2030 (USD BILLION)             136

TABLE 74              IOT MARKET FOR SMART BUILDINGS, BY REGION, 2019–2024 (USD BILLION)           137

TABLE 75              IOT MARKET FOR SMART BUILDINGS, BY REGION, 2025–2030 (USD BILLION)           137

TABLE 76              IOT MARKET FOR SMART ENERGY & UTILITIES, BY REGION,

2019–2024 (USD BILLION)             138

TABLE 77              IOT MARKET FOR SMART ENERGY & UTILITIES, BY REGION,

2025–2030 (USD BILLION)             138

TABLE 78              IOT MARKET FOR SMART HEALTHCARE, BY REGION, 2019–2024 (USD BILLION)           139

TABLE 79              IOT MARKET FOR SMART HEALTHCARE, BY REGION, 2025–2030 (USD BILLION)           139

TABLE 80              IOT MARKET FOR SMART AGRICULTURE, BY REGION, 2019–2024 (USD BILLION)           140

TABLE 81              IOT MARKET FOR SMART AGRICULTURE, BY REGION, 2025–2030 (USD BILLION)           140

TABLE 82              IOT MARKET FOR SMART MANUFACTURING, BY REGION,

2019–2024 (USD BILLION)             141

TABLE 83              IOT MARKET FOR SMART MANUFACTURING, BY REGION,

2025–2030 (USD BILLION)             141

TABLE 84              IOT MARKET FOR SMART RETAIL, BY REGION, 2019–2024 (USD BILLION)             142

TABLE 85              IOT MARKET FOR SMART RETAIL, BY REGION, 2025–2030 (USD BILLION)             142

TABLE 86              IOT MARKET FOR OTHER FOCUS AREAS, BY REGION, 2019–2024 (USD BILLION)           143

TABLE 87              IOT MARKET FOR OTHER FOCUS AREAS, BY REGION, 2025–2030 (USD BILLION)           143

TABLE 88              IOT MARKET, BY REGION, 2019–2024 (USD BILLION)             146

TABLE 89              IOT MARKET, BY REGION, 2025–2030 (USD BILLION)             146

TABLE 90              NORTH AMERICA: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION) 147

TABLE 91              NORTH AMERICA: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION) 148

TABLE 92              NORTH AMERICA: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)             148

TABLE 93              NORTH AMERICA: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)             148

TABLE 94              NORTH AMERICA: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)           148

TABLE 95              NORTH AMERICA: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)           149

TABLE 96              NORTH AMERICA: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)             149

TABLE 97              NORTH AMERICA: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)             149

TABLE 98              NORTH AMERICA: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)             150

TABLE 99              NORTH AMERICA: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)             150

TABLE 100            NORTH AMERICA: IOT MARKET, BY PROFESSIONAL SERVICE,

2019–2024 (USD BILLION)             150

TABLE 101            NORTH AMERICA: IOT MARKET, BY PROFESSIONAL SERVICE,

2025–2030 (USD BILLION)             150

TABLE 102            NORTH AMERICA: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)                151

TABLE 103            NORTH AMERICA: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)                151

TABLE 104            NORTH AMERICA: IOT MARKET, BY COUNTRY, 2019–2024 (USD BILLION)             151

TABLE 105            NORTH AMERICA: IOT MARKET, BY COUNTRY, 2025–2030 (USD BILLION)             152

TABLE 106            US: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION) 152

TABLE 107            US: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION) 153

TABLE 108            US: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION) 153

TABLE 109            US: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION) 153

TABLE 110            US: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION) 153

TABLE 111            US: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION) 154

TABLE 112            US: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION) 154

TABLE 113            US: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION) 154

TABLE 114            US: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)             154

TABLE 115            US: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)             155

TABLE 116            US: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)             155

TABLE 117            US: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)             155

TABLE 118            US: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION) 155

TABLE 119            US: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION) 156

TABLE 120            CANADA: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)             157

TABLE 121            CANADA: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)             157

TABLE 122            CANADA: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)        157

TABLE 123            CANADA: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)        157

TABLE 124            CANADA: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)             158

TABLE 125            CANADA: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)             158

TABLE 126            CANADA: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)        158

TABLE 127            CANADA: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)        159

TABLE 128            CANADA: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 159

TABLE 129            CANADA: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 159

TABLE 130            CANADA: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          159

TABLE 131            CANADA: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          160

TABLE 132            CANADA: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)        160

TABLE 133            CANADA: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)        160

TABLE 134            EUROPE: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)        161

TABLE 135            EUROPE: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)        161

TABLE 136            EUROPE: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)        162

TABLE 137            EUROPE: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)        162

TABLE 138            EUROPE: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)             162

TABLE 139            EUROPE: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)             162

TABLE 140            EUROPE: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)        163

TABLE 141            EUROPE: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)        163

TABLE 142            EUROPE: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 163

TABLE 143            EUROPE: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 163

TABLE 144            EUROPE: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          164

TABLE 145            EUROPE: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          164

TABLE 146            EUROPE: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)        164

TABLE 147            EUROPE: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)        165

TABLE 148            EUROPE: IOT MARKET, BY COUNTRY, 2019–2024 (USD BILLION) 165

TABLE 149            EUROPE: IOT MARKET, BY COUNTRY, 2025–2030 (USD BILLION) 165

TABLE 150            UK: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION) 166

TABLE 151            UK: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION) 166

TABLE 152            UK: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION) 167

TABLE 153            UK: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION) 167

TABLE 154            UK: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION) 167

TABLE 155            UK: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION) 167

TABLE 156            UK: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION) 168

TABLE 157            UK: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION) 168

TABLE 158            UK: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)             168

TABLE 159            UK: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)             168

TABLE 160            UK: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)             169

TABLE 161            UK: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)             169

TABLE 162            UK: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION) 169

TABLE 163            UK: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION) 170

TABLE 164            GERMANY: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)             171

TABLE 165            GERMANY: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)             171

TABLE 166            GERMANY: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)        171

TABLE 167            GERMANY: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)        171

TABLE 168            GERMANY: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)             172

TABLE 169            GERMANY: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)             172

TABLE 170            GERMANY: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)        172

TABLE 171            GERMANY: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)        173

TABLE 172            GERMANY: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 173

TABLE 173            GERMANY: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 173

TABLE 174            GERMANY: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          173

TABLE 175            GERMANY: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          174

TABLE 176            GERMANY: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)        174

TABLE 177            GERMANY: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)        174

TABLE 178            FRANCE: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)        175

TABLE 179            FRANCE: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)        175

TABLE 180            FRANCE: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)        176

TABLE 181            FRANCE: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)        176

TABLE 182            FRANCE: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)             176

TABLE 183            FRANCE: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)             176

TABLE 184            FRANCE: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)        177

TABLE 185            FRANCE: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)        177

TABLE 186            FRANCE: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 177

TABLE 187            FRANCE: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 177

TABLE 188            FRANCE: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          178

TABLE 189            FRANCE: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          178

TABLE 190            FRANCE: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)        178

TABLE 191            FRANCE: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)        179

TABLE 192            ITALY: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)        180

TABLE 193            ITALY: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)        180

TABLE 194            ITALY: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION) 180

TABLE 195            ITALY: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION) 180

TABLE 196            ITALY: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)        181

TABLE 197            ITALY: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)        181

TABLE 198            ITALY: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION) 181

TABLE 199            ITALY: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION) 182

TABLE 200            ITALY: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 182

TABLE 201            ITALY: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 182

TABLE 202            ITALY: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          182

TABLE 203            ITALY: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          183

TABLE 204            ITALY: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION) 183

TABLE 205            ITALY: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION) 183

TABLE 206            ASIA PACIFIC: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)             185

TABLE 207            ASIA PACIFIC: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)             186

TABLE 208            ASIA PACIFIC: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)             186

TABLE 209            ASIA PACIFIC: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)             186

TABLE 210            ASIA PACIFIC: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)             186

TABLE 211            ASIA PACIFIC: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)             187

TABLE 212            ASIA PACIFIC: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)             187

TABLE 213            ASIA PACIFIC: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)             187

TABLE 214            ASIA PACIFIC: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)        187

TABLE 215            ASIA PACIFIC: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)        188

TABLE 216            ASIA PACIFIC: IOT MARKET, BY PROFESSIONAL SERVICE,

2019–2024 (USD BILLION)             188

TABLE 217            ASIA PACIFIC: IOT MARKET, BY PROFESSIONAL SERVICE,

2025–2030 (USD BILLION)             188

TABLE 218            ASIA PACIFIC: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)             188

TABLE 219            ASIA PACIFIC: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)             189

TABLE 220            ASIA PACIFIC: IOT MARKET, BY COUNTRY, 2019–2024 (USD BILLION)        189

TABLE 221            ASIA PACIFIC: IOT MARKET, BY COUNTRY, 2025–2030 (USD BILLION)        189

TABLE 222            CHINA: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)        190

TABLE 223            CHINA: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)        190

TABLE 224            CHINA: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION) 191

TABLE 225            CHINA: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION) 191

TABLE 226            CHINA: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)        191

TABLE 227            CHINA: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)        191

TABLE 228            CHINA: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION) 192

TABLE 229            CHINA: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION) 192

TABLE 230            CHINA: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 192

TABLE 231            CHINA: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 192

TABLE 232            CHINA: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          193

TABLE 233            CHINA: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          193

TABLE 234            CHINA: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION) 193

TABLE 235            CHINA: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION) 194

TABLE 236            JAPAN: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)        194

TABLE 237            JAPAN: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)        195

TABLE 238            JAPAN: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION) 195

TABLE 239            JAPAN: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION) 195

TABLE 240            JAPAN: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)        195

TABLE 241            JAPAN: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)        196

TABLE 242            JAPAN: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION) 196

TABLE 243            JAPAN: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION) 196

TABLE 244            JAPAN: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 196

TABLE 245            JAPAN: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 197

TABLE 246            JAPAN: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          197

TABLE 247            JAPAN: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          197

TABLE 248            JAPAN: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION) 197

TABLE 249            JAPAN: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION) 198

TABLE 250            INDIA: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)        198

TABLE 251            INDIA: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)        199

TABLE 252            INDIA: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION) 199

TABLE 253            INDIA: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION) 199

TABLE 254            INDIA: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)        199

TABLE 255            INDIA: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)        200

TABLE 256            INDIA: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION) 200

TABLE 257            INDIA: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION) 200

TABLE 258            INDIA: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 200

TABLE 259            INDIA: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 201

TABLE 260            INDIA: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          201

TABLE 261            INDIA: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          201

TABLE 262            INDIA: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION) 201

TABLE 263            INDIA: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION) 202

TABLE 264            MIDDLE EAST & AFRICA: IOT MARKET, BY MODULE TYPE,

2019–2024 (USD BILLION)             203

TABLE 265            MIDDLE EAST & AFRICA: IOT MARKET, BY MODULE TYPE,

2025–2030 (USD BILLION)             203

TABLE 266            MIDDLE EAST & AFRICA: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)   203

TABLE 267            MIDDLE EAST & AFRICA: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)   203

TABLE 268            MIDDLE EAST & AFRICA: IOT MARKET, BY CONNECTIVITY,

2019–2024 (USD BILLION)             204

TABLE 269            MIDDLE EAST & AFRICA: IOT MARKET, BY CONNECTIVITY,

2025–2030 (USD BILLION)             204

TABLE 270            MIDDLE EAST & AFRICA: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)    204

TABLE 271            MIDDLE EAST & AFRICA: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)    205

TABLE 272            MIDDLE EAST & AFRICA: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)          205

TABLE 273            MIDDLE EAST & AFRICA: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)          205

TABLE 274            MIDDLE EAST & AFRICA: IOT MARKET, BY PROFESSIONAL SERVICE,

2019–2024 (USD BILLION)             205

TABLE 275            MIDDLE EAST & AFRICA: IOT MARKET, BY PROFESSIONAL SERVICE,

2025–2030 (USD BILLION)             206

TABLE 276            MIDDLE EAST & AFRICA: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION) 206

TABLE 277            MIDDLE EAST & AFRICA: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION) 206

TABLE 278            MIDDLE EAST & AFRICA: IOT MARKET, BY COUNTRY, 2019–2024 (USD BILLION)      207

TABLE 279            MIDDLE EAST & AFRICA: IOT MARKET, BY COUNTRY, 2025–2030 (USD BILLION)      207

TABLE 280            UAE: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION) 208

TABLE 281            UAE: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION) 208

TABLE 282            UAE: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION) 208

TABLE 283            UAE: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION) 208

TABLE 284            UAE: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)        209

TABLE 285            UAE: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)        209

TABLE 286            UAE: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION) 209

TABLE 287            UAE: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION) 210

TABLE 288            UAE: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)             210

TABLE 289            UAE: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)             210

TABLE 290            UAE: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)             210

TABLE 291            UAE: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)             211

TABLE 292            UAE: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION) 211

TABLE 293            UAE: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION) 211

TABLE 294            KSA: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION) 212

TABLE 295            KSA: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION) 212

TABLE 296            KSA: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION) 213

TABLE 297            KSA: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION) 213

TABLE 298            KSA: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)        213

TABLE 299            KSA: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)        213

TABLE 300            KSA: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION) 214

TABLE 301            KSA: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION) 214

TABLE 302            KSA: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)             214

TABLE 303            KSA: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)             214

TABLE 304            KSA: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)             215

TABLE 305            KSA: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)             215

TABLE 306            KAS: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION) 215

TABLE 307            KSA: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION) 216

TABLE 308            SOUTH AFRICA: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION) 216

TABLE 309            SOUTH AFRICA: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION) 217

TABLE 310            SOUTH AFRICA: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)             217

TABLE 311            SOUTH AFRICA: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)             217

TABLE 312            SOUTH AFRICA: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)           217

TABLE 313            SOUTH AFRICA: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)           218

TABLE 314            SOUTH AFRICA: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)             218

TABLE 315            SOUTH AFRICA: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)             218

TABLE 316            SOUTH AFRICA: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)        218

TABLE 317            SOUTH AFRICA: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)        219

TABLE 318            SOUTH AFRICA: IOT MARKET, BY PROFESSIONAL SERVICE,

2019–2024 (USD BILLION)             219

TABLE 319            SOUTH AFRICA: IOT MARKET, BY PROFESSIONAL SERVICE,

2025–2030 (USD BILLION)             219

TABLE 320            SOUTH AFRICA: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)             219

TABLE 321            SOUTH AFRICA: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)             220

TABLE 322            LATIN AMERICA: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION) 221

TABLE 323            LATIN AMERICA: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION) 221

TABLE 324            LATIN AMERICA: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)             222

TABLE 325            LATIN AMERICA: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)             222

TABLE 326            LATIN AMERICA: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)           222

TABLE 327            LATIN AMERICA: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)           222

TABLE 328            LATIN AMERICA: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)             223

TABLE 329            LATIN AMERICA: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)             223

TABLE 330            LATIN AMERICA: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION)             223

TABLE 331            LATIN AMERICA: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION)             223

TABLE 332            LATIN AMERICA: IOT MARKET, BY PROFESSIONAL SERVICE,

2019–2024 (USD BILLION)             224

TABLE 333            LATIN AMERICA: IOT MARKET, BY PROFESSIONAL SERVICE,

2025–2030 (USD BILLION)             224

TABLE 334            LATIN AMERICA: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)             224

TABLE 335            LATIN AMERICA: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)             225

TABLE 336            LATIN AMERICA: IOT MARKET, BY COUNTRY, 2019–2024 (USD BILLION)             225

TABLE 337            LATIN AMERICA: IOT MARKET, BY COUNTRY, 2025–2030 (USD BILLION)             225

TABLE 338            BRAZIL: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)        226

TABLE 339            BRAZIL: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)        226

TABLE 340            BRAZIL: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION) 227

TABLE 341            BRAZIL: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION) 227

TABLE 342            BRAZIL: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)        227

TABLE 343            BRAZIL: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)        227

TABLE 344            BRAZIL: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION) 228

TABLE 345            BRAZIL: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION) 228

TABLE 346            BRAZIL: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 228

TABLE 347            BRAZIL: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 228

TABLE 348            BRAZIL: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          229

TABLE 349            BRAZIL: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          229

TABLE 350            BRAZIL: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)        229

TABLE 351            BRAZIL: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)        230

TABLE 352            MEXICO: IOT MARKET, BY MODULE TYPE, 2019–2024 (USD BILLION)        230

TABLE 353            MEXICO: IOT MARKET, BY MODULE TYPE, 2025–2030 (USD BILLION)        231

TABLE 354            MEXICO: IOT MARKET, BY HARDWARE, 2019–2024 (USD BILLION)        231

TABLE 355            MEXICO: IOT MARKET, BY HARDWARE, 2025–2030 (USD BILLION)        231

TABLE 356            MEXICO: IOT MARKET, BY CONNECTIVITY, 2019–2024 (USD BILLION)             231

TABLE 357            MEXICO: IOT MARKET, BY CONNECTIVITY, 2025–2030 (USD BILLION)             232

TABLE 358            MEXICO: IOT MARKET, BY SOFTWARE, 2019–2024 (USD BILLION)        232

TABLE 359            MEXICO: IOT MARKET, BY SOFTWARE, 2025–2030 (USD BILLION)        232

TABLE 360            MEXICO: IOT MARKET, BY SERVICE, 2019–2024 (USD BILLION) 232

TABLE 361            MEXICO: IOT MARKET, BY SERVICE, 2025–2030 (USD BILLION) 233

TABLE 362            MEXICO: IOT MARKET, BY PROFESSIONAL SERVICE, 2019–2024 (USD BILLION)          233

TABLE 363            MEXICO: IOT MARKET, BY PROFESSIONAL SERVICE, 2025–2030 (USD BILLION)          233

TABLE 364            MEXICO: IOT MARKET, BY FOCUS AREA, 2019–2024 (USD BILLION)        233

TABLE 365            MEXICO: IOT MARKET, BY FOCUS AREA, 2025–2030 (USD BILLION)        234

TABLE 366            OVERVIEW OF STRATEGIES DEPLOYED BY KEY IOT MARKET PLAYERS, 2022–2025              235

TABLE 367            IOT MARKET: DEGREE OF COMPETITION                 238

TABLE 368            IOT MARKET: REGIONAL FOOTPRINT, 2024                 246

TABLE 369            IOT MARKET: MODULE TYPE FOOTPRINT, 2024                 247

TABLE 370            IOT MARKET: FOCUS AREA FOOTPRINT, 2024                 248

TABLE 371            IOT MARKET: PRODUCT LAUNCHES & ENHANCEMENTS,

FEBRUARY 2021–OCTOBER 2025                 249

TABLE 372            IOT MARKET: DEALS, MARCH 2022–AUGUST 2025        251

TABLE 373            MICROSOFT: COMPANY OVERVIEW        255

TABLE 374            MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    256

TABLE 375            MICROSOFT: PRODUCT LAUNCHES & ENHANCEMENTS             258

TABLE 376            MICROSOFT: DEALS       258

TABLE 377            HUAWEI: COMPANY OVERVIEW                261

TABLE 378            HUAWEI: PRODUCTS OFFERED 262

TABLE 379            HUAWEI: PRODUCT LAUNCHES                263

TABLE 380            HUAWEI: DEALS                264

TABLE 381            AMAZON WEB SERVICES, INC.: COMPANY OVERVIEW          266

TABLE 382            AMAZON WEB SERVICES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    267

TABLE 383            AMAZON WEB SERVICES, INC.: PRODUCT LAUNCHES & ENHANCEMENTS 269

TABLE 384            AMAZON WEB SERVICES, INC.: DEALS    270

TABLE 385            CISCO SYSTEMS, INC.: COMPANY OVERVIEW                 272

TABLE 386            CISCO SYSTEMS, INC.: PRODUCTS OFFERED                 273

TABLE 387            CISCO SYSTEMS, INC.: PRODUCT LAUNCHES                 276

TABLE 388            CISCO SYSTEMS, INC.: DEALS     277

TABLE 389            INTEL CORPORATION: COMPANY OVERVIEW                 279

TABLE 390            INTEL CORPORATION: PRODUCTS OFFERED                 280

TABLE 391            INTEL CORPORATION: PRODUCT LAUNCHES                 284

TABLE 392            INTEL CORPORATION: DEALS   284

TABLE 393            QUALCOMM TECHNOLOGIES, INC.: COMPANY OVERVIEW          286

TABLE 394            QUALCOMM TECHNOLOGIES, INC.: PRODUCTS OFFERED             287

TABLE 395            QUALCOMM TECHNOLOGIES, INC.: PRODUCT LAUNCHES          292

TABLE 396            QUALCOMM TECHNOLOGIES, INC.: DEALS                 293

TABLE 397            TEXAS INSTRUMENTS INCORPORATED: BUSINESS OVERVIEW     294

TABLE 398            TEXAS INSTRUMENTS INCORPORATED: PRODUCTS OFFERED    295

TABLE 399            TEXAS INSTRUMENTS INCORPORATED: PRODUCT LAUNCHES   298

TABLE 400            SIEMENS: COMPANY OVERVIEW               299

TABLE 401            SIEMENS: PRODUCTS OFFERED                300

TABLE 402            SIEMENS: PRODUCT LAUNCHES               301

TABLE 403            SIEMENS DEALS                302

TABLE 404            ABB: COMPANY OVERVIEW         303

TABLE 405            ABB: PRODUCTS OFFERED          304

TABLE 406            ABB: DEALS        305

TABLE 407            IBM: COMPANY OVERVIEW         306

TABLE 408            IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED             307

TABLE 409            IBM: DEALS        308

TABLE 410            PRIMARY INTERVIEWS WITH EXPERTS  336

TABLE 411            FACTOR ANALYSIS          343

TABLE 412            5G IOT MARKET, BY COMPONENT, 2020–2028 (USD MILLION) 346

TABLE 413            5G IOT MARKET, BY NETWORK TYPE, 2020–2028 (USD MILLION) 346

TABLE 414            5G IOT MARKET, BY ORGANIZATION SIZE, 2020–2028 (USD MILLION)       346

TABLE 415            5G IOT MARKET, BY TYPE, 2020–2028 (USD MILLION)            347

TABLE 416            5G IOT MARKET, BY END USER, 2020–2028 (USD MILLION)            348

TABLE 417            5G IOT MARKET, BY REGION, 2020–2028 (USD MILLION)            349

TABLE 418            IOT SOLUTIONS AND SERVICES MARKET, BY COMPONENT,

2016–2021 (USD BILLION)             350

TABLE 419            IOT SOLUTIONS AND SERVICES MARKET, BY COMPONENT,

2022–2027 (USD BILLION)             350

TABLE 420            IOT MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD BILLION)        350

TABLE 421            IOT MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD BILLION)        351

TABLE 422            IOT SOLUTIONS AND SERVICES MARKET, BY ORGANIZATION SIZE,

2016–2021 (USD BILLION)             351

TABLE 423            IOT SOLUTIONS AND SERVICES MARKET, BY ORGANIZATION SIZE,

2022–2027 (USD BILLION)             351

TABLE 424            IOT SOLUTIONS AND SERVICES MARKET, BY FOCUS AREA,

2016–2021 (USD BILLION)             352

TABLE 425            IOT SOLUTIONS AND SERVICES MARKET, BY FOCUS AREA,

2022–2027 (USD BILLION)             352

TABLE 426            IOT SOLUTIONS AND SERVICES MARKET, BY REGION, 2016–2021 (USD BILLION)           353

TABLE 427            IOT SOLUTIONS AND SERVICES MARKET, BY REGION, 2022–2027 (USD BILLION)           353

LIST OF FIGURES

FIGURE 1              IOT MARKET SEGMENTATION  35

FIGURE 2              YEARS CONSIDERED      36

FIGURE 3              MARKET SCENARIO        39

FIGURE 4              GLOBAL IOT MARKET TREND, 2025–2030 (USD BILLION)             40

FIGURE 5              MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN IOT MARKET, 2020–2025           40

FIGURE 6              DISRUPTIVE TRENDS INFLUENCING GROWTH OF IOT MARKET               41

FIGURE 7              HIGH-GROWTH SEGMENTS IN IOT MARKET, 2024        42

FIGURE 8              ASIA PACIFIC TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD       43

FIGURE 9              RAPID DIGITAL TRANSFORMATION AND INDUSTRIAL AUTOMATION TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS              44

FIGURE 10            MODULES/SENSORS ACCOUNTED FOR LARGEST MARKET SHARE IN 2025             45

FIGURE 11            HARDWARE SEGMENT IS SET TO DOMINATE IOT MARKET IN 2025       45

FIGURE 12            CELLULAR SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025             46

FIGURE 13            IOT PLATFORMS TO ACCOUNT FOR LEADING SHARE OF IOT MARKET IN 2025 46

FIGURE 14            PROFESSIONAL SERVICES SEGMENT ACCOUNTED FOR

LARGEST MARKET SHARE IN 2025             47

FIGURE 15            SMART TRANSPORTATION/MOBILITY TO ACCOUNT FOR LARGEST SHARE OF IOT MARKET IN 2025                 47

FIGURE 16            IOT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES     49

FIGURE 17            PORTER’S FIVE FORCES ANALYSIS           54

FIGURE 18            IOT MARKET: SUPPLY CHAIN ANALYSIS                 59

FIGURE 19            IOT MARKET: VALUE CHAIN ANALYSIS 60

FIGURE 20            KEY PLAYERS IN IOT MARKET ECOSYSTEM                 62

FIGURE 21            AVERAGE SELLING PRICE TREND OF KEY PLAYERS FOR IOT HARDWARE PROVIDERS (USD)            63

FIGURE 22            EXPORTS OF PARTS SUITABLE FOR USE SOLELY OR PRINCIPALLY WITH FLAT PANEL DISPLAY MODULES, TRANSMISSION, BY COUNTRY,

2020–2024 (USD MILLION)            65

FIGURE 23            IMPORTS OF MEASURING OR CHECKING INSTRUMENTS, APPLIANCES, AND MACHINES NOT ELSEWHERE SPECIFIED, BY COUNTRY,

2020–2024 (USD MILLION)            66

FIGURE 24            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   68

FIGURE 25            INVESTMENT AND FUNDING SCENARIO, 2020–2024 (USD BILLION)        68

FIGURE 26            LIST OF MAJOR PATENTS FOR IOT          82

FIGURE 27            USE CASES AND MARKET POTENTIAL OF GENERATIVE AI IN IOT 85

FIGURE 28            IOT MARKET: DECISION-MAKING FACTORS                 94

FIGURE 29            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS

FOR TOP THREE FOCUS AREAS 95

FIGURE 30            KEY BUYING CRITERIA FOR TOP THREE FOCUS AREAS   96

FIGURE 31            ADOPTION BARRIERS & INTERNAL CHALLENGES    97

FIGURE 32            CONNECTIVITY SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD      101

FIGURE 33            SECURITY HARDWARE SEGMENT TO GROW AT HIGHEST

CAGR DURING FORECAST PERIOD          107

FIGURE 34            SATELLITE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD          112

FIGURE 35            SECURITY AND SAFETY SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD                 119

FIGURE 36            MANAGED SERVICES SEGMENT TO GROW AT HIGHEST

CAGR DURING FORECAST PERIOD          127

FIGURE 37            SMART HEALTHCARE VERTICAL TO RECORD HIGHEST GROWTH RATE             134

FIGURE 38            NORTH AMERICA: IOT MARKET SNAPSHOT                 147

FIGURE 39            ASIA PACIFIC: IOT MARKET SNAPSHOT 185

FIGURE 40            REVENUE ANALYSIS OF KEY PLAYERS IN IOT MARKET, 2022–2024          237

FIGURE 41            SHARES OF LEADING COMPANIES IN IOT MARKET, 2024    238

FIGURE 42            IOT MARKET: BRAND/PRODUCT COMPARISON                 240

FIGURE 43            COMPANY VALUATION, 2025 (USD BILLION)                 241

FIGURE 44            FINANCIAL METRICS OF KEY VENDORS, 2025                 241

FIGURE 45            IOT MARKET: COMPANY EVALUATION MATRIX (HARDWARE), 2024          243

FIGURE 46            IOT MARKET: COMPANY EVALUATION MATRIX (SOFTWARE), 2024            244

FIGURE 47            IOT MARKET: COMPANY FOOTPRINT, 2024                 245

FIGURE 48            MICROSOFT: COMPANY SNAPSHOT        256

FIGURE 49            HUAWEI: COMPANY SNAPSHOT                262

FIGURE 50            AMAZON WEB SERVICES, INC.: COMPANY SNAPSHOT          266

FIGURE 51            CISCO SYSTEMS, INC.: COMPANY SNAPSHOT                 273

FIGURE 52            INTEL CORPORATION: COMPANY SNAPSHOT                 280

FIGURE 53            QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT          287

FIGURE 54            TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT   295

FIGURE 55            SIEMENS: COMPANY SNAPSHOT               300

FIGURE 56            ABB: COMPANY SNAPSHOT        304

FIGURE 57            IBM: COMPANY SNAPSHOT         307

FIGURE 58            IOT MARKET: RESEARCH DESIGN             334

FIGURE 59            KEY DATA FROM SECONDARY SOURCES                 335

FIGURE 60            BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE,

DESIGNATION, AND REGION     337

FIGURE 61            KEY DATA FROM PRIMARY SOURCES     338

FIGURE 62            KEY INSIGHTS FROM INDUSTRY EXPERTS                 338

FIGURE 63            DATA TRIANGULATION                339

FIGURE 64            RESEARCH METHODOLOGY: APPROACH 1                 340

FIGURE 65            APPROACH 1 (SUPPLY SIDE): REVENUE OF IOT MARKET               341

FIGURE 66            APPROACH 1 BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF IOT VENDORS            341

FIGURE 67            TOP-DOWN APPROACH                342

FIGURE 68            BOTTOM-UP APPROACH              342