Product Code: GRCBBR00017TC
Enterprise IoT Market Size, Share, Trends, Analysis Report by Product (Hardware, Software, Services), Enterprise Size, Vertical (Government, Utilities, Manufacturing, Transport and Logistics, Energy, Insurance, Construction, Retail, Healthcare), Application, Connectivity, Region, and Segment Forecast, 2023-2027
The enterprise IoT market size was valued at $683.6 billion in 2023. The market is expected to grow at a CAGR of 17.3% during the forecast period (2023-2027). The enterprise IoT market report provides an executive-level overview of the enterprise IoT market worldwide today, with detailed forecasts of key indicators up to 2027.
This market intelligence report offers a thorough, forward-looking analysis of the global enterprise IoT market by product, vertical, enterprise size, application, connectivity, and region and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
The adoption of enterprise IoT will be supported by the emergence of Artificial Intelligence of Things (AIoT), mainly driven by advancements such as ChatGPT, increasing adoption of smart cities, and advancements in connectivity technologies like LoRaWAN, Sigfox, and Zigbee.
Scope
This report provides overview and service addressable market for enterprise IoT.
It identifies the key trends impacting growth of the market over the next 12 to 24 months.
It includes global market forecasts for the Enterprise IoT industry and analysis of patents, company filings, and hiring trends.
It contains details of M&A and VF deals in the Enterprise IoT space.
The detailed value chain consists of five main aspects: IoT device layer, IoT connectivity layer, IoT data layer, IoT services layer, and IoT app layer
Reasons to Buy
This market intelligence report offers a thorough, forward-looking analysis of the global enterprise IoT market, product type, vertical, application, connectivity, region, key vendor outlook, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
Accompanying GlobalData's Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in enterprise IoT market.
With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Enterprise IoT market.
The broad perspective of the report coupled with comprehensive, actionable detail will help enterprise IoT companies, investors, and other stakeholders succeed in the growing enterprise IoT market globally.
Table of Contents
Table of Contents
Chapter 01 Executive Summary
- 1.1 Global Enterprise IoT Market Snapshot
Chapter 02 Research scope & Segmentation
- 2.1 Technology briefing
- 2.1.1 Smart cities
- 2.1.2 Industrial Internet
Chapter 03 Internet of Things Industry Trend Analysis
- 3.1 Internet of Things - Industry Value Chain
- 3.1.1 IoT Physical layer
- 3.1.1.1 Connected Things
- 3.1.1.2 Cameras and lens modules
- 3.1.1.3 Sensors and microcontrollers
- 3.1.1.4 Microprocessors
- 3.1.2 IoT Connectivity layer
- 3.1.2.1 Edge infrastructure
- 3.1.2.2 Cloud infrastructure
- 3.1.2.3 Networking equipment
- 3.1.2.4 Telecom networks
- 3.1.3 IoT Data layer
- 3.1.3.2 Data governance and security
- 3.1.3.3 Business intelligence
- 3.1.3.4 Data analysis
- 3.1.3.5 Data storage
- 3.1.3.6 Data processing
- 3.1.3.7 Data aggregation
- 3.1.3.8 Data integration
- 3.1.4 IoT App layer
- 3.1.4.1 Apps
- 3.1.4.2 App enablement platforms
- 3.1.5 IoT Services layer
- 3.1.5.1 Integration services
- 3.1.5.2 Consulting services
- 3.2 Standards for IoT
- 3.3 Business benefits of Enterprise IoT
- 3.4 Use cases of Enterprise IoT
- 3.4.1 Use cases for Industrial Internet
- 3.4.1.1 Agriculture
- 3.4.1.2 Construction and engineering
- 3.4.1.3 Energy and utilities
- 3.4.1.4 Manufacturing
- 3.4.1.5 Mining
- 3.4.1.6 Insurance
- 3.4.2 Use cases of Smart Cities
- 3.4.2.1 Columbus, US
- 3.4.2.2 Boston, US
- 3.4.2.3 London, UK
- 3.4.2.4 Seoul, South Korea
- 3.4.2.5 Shanghai, China
- 3.4.2.6 Wellington, New Zealand
- 3.5 Enterprise IoT Market Structure - PORTER's Analysis
- 3.6 Enterprise IoT - Market Variables & Impact Analysis
- 3.6.1 Market Driver Analysis
- 3.6.1.1 The emergence of Artificial Intelligence of Things (AIoT)
- 3.6.1.2 Advancements in connectivity technologies
- 3.6.1.3 Increasing population and urbanization driving the proliferation of smart cities
- 3.6.1.4 Rising adoption of Edge Computing
- 3.6.2 Market Challenges/Impediments
- 3.6.2.1 Concerns regarding use of AI in IoT products
- 3.6.2.2 Insufficient technological awareness & shortage of skilled workforce
- 3.6.2.3 Design & integration challenges
- 3.6.2.4 Concerns regarding data privacy
- 3.7 Enterprise IoT - Mergers & Acquisitions (M&A)
- 3.7.1 M&A Activity Dashboard
- 3.8 Enterprise IoT - Patent Analysis
- 3.8.1 Patent Analytics Dashboard
- 3.9 Enterprise IoT - Job Analysis
- 3.9.1 Job Analytics Dashboard
- 3.10 Enterprise IoT - Venture Financing Analysis
- 3.10.1 Venture Financing Dashboard
- 3.11 Social Media Analysis
- 3.11.1 Social Media Analytics Dashboard
Chapter 04 Global Enterprise IoT Revenue Opportunity
- 4.1 Global Market Revenue Snapshot
- 4.2 Global Enterprise IoT Market by Product Type, 2019-2027 ($M)
- 4.3 Global Enterprise IoT Market by Enterprise Size, 2019-2027 ($M)
- 4.4 Global Enterprise IoT Market by Vertical, 2019-2027 ($M)
- 4.5 Global Enterprise IoT Market by Application, 2019-2027 ($M)
- 4.6 Global Enterprise IoT Market by Connectivity, 2019-2027 ($M)
- 4.7 Global Enterprise IoT Market by Region, 2019-2027 ($M)
Chapter 05 Global Enterprise IoT Market By Product Type
- 5.1 IoT Hardware
- 5.2 IoT Software
- 5.3 IoT Services
Chapter 06 Global Enterprise IoT Market By Vertical
- 6.1 Government
- 6.2 Utilities
- 6.3 Manufacturing
- 6.4 Transport and Logistics
- 6.5 Energy
- 6.6 Retail
- 6.7 Insurance
- 6.8 Construction
- 6.9 Healthcare
- 6.10 Others
Chapter 07 Global Enterprise IoT Market By Application
- 7.1 Enterprise IoT Market Size & Forecast In Industrial Internet, 2019-2027 ($M)
- 7.1.1 Condition Monitoring
- 7.1.2 Telematics
- 7.1.3 Asset Tracking
- 7.1.4 People & Animal Tracking
- 7.1.5 Environmental Monitoring
- 7.1.6 Advanced Automation
- 7.1.7 Healthcare
- 7.2 Enterprise IoT Market Size & Forecast In Smart Cities, 2019-2027 ($M)
- 7.2.1 Smart Metering
- 7.2.2 Smart City Platforms
- 7.2.3 Smart Buildings
- 7.2.4 Smart Signage
- 7.2.5 Smart Payment Systems
Chapter 08 Enterprise IoT Regional Outlook
- 8.1 Global Enterprise IoT Market By Region
- 8.2 Enterprise IoT - Regional Deep Dive
- 8.3 North America Enterprise IoT Market Snapshot
- 8.3.1 North America Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.3.2 North America Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.3.3 North America Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.3.4 US Enterprise IoT Market
- 8.3.4.1 US Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.3.4.2 US Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.3.4.3 US Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.3.5 Canada Enterprise IoT Market
- 8.3.5.1 Canada Enterprise IoT Market by Product , 2019 - 2027 ($M)
- 8.3.5.2 Canada Enterprise IoT Market By Vertical , 2019 - 2027 ($M)
- 8.3.5.3 Canada Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.3.6 Mexico enterprise IoT market
- 8.3.6.1 Mexico Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.3.6.2 Mexico Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.3.6.3 Mexico Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.4 Europe Enterprise IoT Market Snapshot
- 8.4.1 Europe Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.4.2 Europe Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.4.3 Europe Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.4.4 Germany Enterprise IoT Market
- 8.4.4.1 Germany Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.4.4.2 Germany Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.4.4.3 Germany Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.4.5 UK Enterprise IoT Market
- 8.4.5.1 UK Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.4.5.2 UK Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.4.5.3 UK Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.4.6 France Enterprise IoT Market
- 8.4.6.1 France Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.4.6.2 France Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.4.6.3 France Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.4.7 Italy Enterprise IoT Market
- 8.4.7.1 Italy Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.4.7.2 Italy Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.4.7.3 Italy Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.4.8 Spain Enterprise IoT Market
- 8.4.8.1 Spain Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.4.8.2 Spain Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.4.8.3 Spain Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.4.9 Netherlands Enterprise IoT Market
- 8.4.9.1 Netherlands Enterprise IoT Market BY Product, 2019 - 2027 ($M)
- 8.4.9.2 Netherlands Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.4.9.3 Netherlands Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.4.10 Rest of Europe Enterprise IoT Market
- 8.4.10.1 Rest of Europe Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.4.10.2 Rest of Europe Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.4.10.3 Rest Of Europe Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.5 South & Central America Enterprise IoT Market Snapshot
- 8.5.1 South & Central America Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.5.2 South & Central America Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.5.3 South & Central America Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.5.4 Brazil Enterprise IoT Market
- 8.5.4.1 Brazil Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.5.4.2 Brazil Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.5.4.3 Brazil Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.5.5 Argentina Enterprise IoT Market
- 8.5.5.1 Argentina Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.5.5.2 Argentina Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.5.5.3 Argentina Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.5.6 Rest of South & Central America Enterprise IoT Market
- 8.5.6.1 Rest of south & central America enterprise IoT market by Product, 2019 - 2027 ($M)
- 8.5.6.2 Rest of south & central America Enterprise IoT market by Vertical, 2019 - 2027 ($M)
- 8.5.6.3 Rest of south and central America Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.6 APAC Enterprise IoT Market Snapshot
- 8.6.1 APAC Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.6.2 APAC Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.6.3 APAC Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.6.4 China Enterprise IoT Market
- 8.6.4.1 China Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.6.4.2 China Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.6.4.3 China Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.6.5 Japan Enterprise IoT Market
- 8.6.5.1 Japan Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.6.5.2 Japan Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.6.5.3 Japan Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.6.6 Australia Enterprise IoT Market
- 8.6.6.1 Australia Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.6.6.2 Australia Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.6.6.3 Australia Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.6.7 India Enterprise IoT Market
- 8.6.7.1 India Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.6.7.2 India Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.6.7.3 India Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.6.8 Singapore Enterprise IoT Market
- 8.6.8.1 Singapore Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.6.8.2 Singapore Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.6.8.3 Singapore Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.6.9 South Korea Enterprise IoT Market
- 8.6.9.1 South Korea Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.6.9.2 South Korea Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.6.9.3 South Korea Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.6.10 Rest of APAC Enterprise IoT Market
- 8.6.10.1 Rest of APAC Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.6.10.2 Rest of APAC Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.6.10.3 Rest of APAC Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.7 Middle East & Africa Enterprise IoT Market Snapshot
- 8.7.1 Middle East & Africa Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.7.2 Middle East & Africa Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.7.3 Middle East & Africa Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.7.4 United Arab Emirates Enterprise IoT Market
- 8.7.4.1 United Arab Emirates Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.7.4.2 United Arab Emirates Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.7.4.3 United Arab Emirates Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.7.5 Saudi Arabia Enterprise IoT Market
- 8.7.5.1 Saudi Arabia Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.7.5.2 Saudi Arabia Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.7.5.3 Saudi Arabia Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.7.6 South Africa Enterprise IoT Market
- 8.7.6.1 South Africa Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.7.6.2 South Africa Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.7.6.3 South Africa Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
- 8.7.7 Rest of MEA Enterprise IoT Market
- 8.7.7.1 Rest of MEA Enterprise IoT Market By Product, 2019 - 2027 ($M)
- 8.7.7.2 Rest of MEA Enterprise IoT Market By Vertical, 2019 - 2027 ($M)
- 8.7.7.3 Rest of MEA Enterprise IoT Market By Enterprise Size, 2019 - 2027 ($M)
Chapter 09 Global Enterprise IoT Competitive Landscape
- 9.1 Enterprise IoT Competitive Index
- 9.2 Enterprise IoT Key Company profiles
- 9.2.1 Microsoft Corp.
- 9.2.1.1 Company overview and financial performance
- 9.2.1.2 Recent developments and innovations
- 9.2.2 Alphabet Inc.
- 9.2.2.1 Company overview and financial performance
- 9.2.2.2 Recent developments and innovations
- 9.2.3 Samsung Electronics Co Ltd
- 9.2.3.1 Company overview and financial performance
- 9.2.3.2 Recent developments and innovations
- 9.2.4 Intel Corp
- 9.2.4.1 Company overview and financial performance
- 9.2.4.2 Recent developments and innovations
- 9.2.5 Qualcomm Inc
- 9.2.5.1 Company overview and financial performance
- 9.2.5.2 Recent developments and innovations
- 9.2.6 Siemens AG
- 9.2.6.1 Company overview and financial performance
- 9.2.6.2 Recent developments and innovations
- 9.2.7 International Business Machines Corp
- 9.2.7.1 Company overview and financial performance
- 9.2.7.2 Recent developments and innovations
- 9.2.8 Amazon.com Inc
- 9.2.8.1 Company overview and financial performance
- 9.2.8.2 Recent developments and innovations
- 9.2.9 Cisco Systems Inc
- 9.2.9.1 Company overview and financial performance
- 9.2.9.2 Recent developments and innovations
- 9.2.10 Huawei Investment & Holding Co Ltd
- 9.2.10.1 Company overview and financial performance
- 9.2.10.2 Recent developments and innovations
- 9.3 Other Major Participants in the Enterprise IoT Market Include the following -
- 9.3.1 Schneider Electric SE
- 9.3.2 Nokia Corp
- 9.3.3 PTC Inc
- 9.3.4 SAP SE
- 9.3.5 NXP Semiconductors NV
- 9.3.6 STMicroelectronics NV
- 9.3.7 Accenture Plc
- 9.3.8 ABB Ltd
- 9.3.9 NVIDIA Corp
- 9.3.10 Honeywell International Inc
- 9.3.11 Dell Technologies Inc
- 9.3.12 Alibaba Group Holding Ltd
- 9.3.13 Dassault Systemes SE
- 9.3.14 Telefonaktiebolaget LM Ericsson
Chapter 10 Methodology and Scope
- 10.1 Information Procurement
- 10.2 Enterprise IoT Analysis
- 10.3 Market Opportunity Forecast - Research Methodology & Formulation
- 10.4 Competitive Index - Research Methodology & Formulation
- 10.5 Additional Resources
- 10.5.1 Market Definitions