Product Code: SE 2509
The IoT technology market is projected to reach USD 1,148.62 billion by 2030 from USD 959.30 billion in 2025, at a CAGR of 3.7% during the forecast period.
| Scope of the Report | 
|---|
| Years Considered for the Study | 2021-2030 | 
| Base Year | 2024 | 
| Forecast Period | 2025-2030 | 
| Units Considered | Value (USD Million) | 
| Segments | By Node Component, Software Solution, Platform, Service, End-use Application, Geography | 
| Regions covered | North America, Europe, APAC, RoW | 
The IoT technology market is driven by factors such as rapid adoption of connected devices, advancements in 5G, AI, and edge computing, and rising demand for smart homes, industrial automation, and smart city initiatives. Increasing internet penetration and government-backed digital transformation programs further accelerate its growth. However, challenges such as data security and privacy concerns, a lack of skilled professionals, and interoperability issues among diverse IoT systems act as major restraints. Balancing these drivers and restraints will be critical for sustaining large-scale IoT adoption in the coming years.
By offering, the software solutions segment is expected to have the highest CAGR during the forecast period.
Smart objects in the IoT ecosystem need to execute intelligent algorithms to interact with other "things" in an efficient way, discard irrelevant data, and make informed decisions and actions on behalf of end users to eliminate human efforts. The software solution segment includes real-time streaming analytics, network bandwidth management, remote monitoring systems, security solutions, and data management. Software solutions are designed to meet interoperability challenges arising from varied heterogeneous devices and to manage a large volume of data and its security and privacy. Cloud-based software intelligently connects the entire device to the cloud and stores data gathered from all devices and sensors. Moreover, cloud-based applications help manage and monitor wired and wirelessly connected products and assets. Software solutions help mitigate interoperability issues, thereby providing flexibility and helping with various business functions. Microsoft Corporation (US), IBM Corporation (US), AWS (US), Cisco Systems (US), and PTC (US) are some of the top software solution providers.
By service, the professional services segment is expected to have the largest market share during the forecast period.
Professional services held a larger share of the IoT technology market. Professional services are required during and after the implementation of IoT systems. These services include planning, designing, consulting, and upgrading. The increasing complexity of operations and the growing use of IoT solutions are driving the market for professional services. The proliferation of connected devices generates massive amounts of data. IoT professional services providers help organizations manage data, including data collection, storage, processing, and analysis. These services assist in developing data analytics strategies and implementing tools and technologies to derive actionable insights from IoT-generated data. Organizations can make informed decisions, optimize processes, and drive innovation by leveraging advanced analytics.
North America accounted for the largest market share in 2024.
The IoT technology market in North America has been studied in the US, Canada, and Mexico. This region is a key market as it is home to some of the largest multinational corporations, such as Intel Corporation (US), Texas Instruments Incorporated (US), Dell (US), and Cisco Systems (US), in the IoT ecosystem. North America accounted for a share of 30% of the overall IoT technology market in 2024. Increased R&D in the field of IoT, in terms of new and improved technologies, and the increasing demand for an improved lifestyle are the two crucial factors driving the growth of the market. Increasing R&D at both the academic and industry levels is broadening the application areas of IoT in different industries, such as consumer electronics, retail, automotive & transportation, and healthcare, especially in the US. This is the main factor driving the growth of IoT applications in North America.
In determining and verifying the market size for several segments and subsegments gathered through extensive secondary research, primary interviews have been conducted with key industry experts in the IoT technology market.
The breakup of primary participants for the report is shown below:
-  By company type: Tier 1 - 38%, Tier 2 - 28%, and Tier 3 - 34%
-  By designation: C-level Executives - 40%, Managers - 30%, and Others - 30%
-  By region: North America - 35%, Europe - 20%, Asia Pacific - 35%, and Rest of the World - 10%
The report profiles key players in the IoT technology market with their respective market ranking analyses. Prominent players profiled in this report Intel Corporation (US), Qualcomm (US), Texas Instruments Incorporated (US), Cisco Systems, Inc. (US), Hewlett Packard Enterprise (US), IBM (US), STMicroelectronics (Switzerland), Microsoft(US), PTC Inc. (US), and Amazon Web Services (US), General Eletcric (US), Softeq Development Corp. (US), ScienceSoft USA Corporation (US), Oracle (US), Siemens AG (Germany), SAP SE (Germany), Robert Bosch GmbH (Germany), Huawei Technologies Co., Ltd. (China), Schneider Electric (France), Arm Limited (UK), NXP Semiconductors N.V. (Netherlands), TE Connectivity (Switzerland), Software AG (Germany), Microchip Technology Inc. (US), Vates (US), Cellhire PLC (UK), ClearBlade (US), SoluLab Inc. (US), Konstant Infosolutions (India), and Binariks (US).
Research Coverage
This research report categorizes the IoT technology market based on technology, end-user industry, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the IoT technology market and forecasts the same till 2029. The report also consists of leadership mapping and analysis of companies in the IoT technology ecosystem.
Reasons to buy this report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall IoT technology market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following pointers:
-  Analysis of key drivers (emergence of 5G communications technology, increasing necessity of data centers with rising adoption of cloud platforms, growing use of wireless smart sensors and networks, and higher adoption of IPv6), restraints (data security and privacy concerns), opportunities (cross-domain collaborations, government incentives and aids for development of IoT technologies, accelerated IoT adoption in healthcare sector, increased potential for incorporating IoT in electric and hybrid vehicles, and rise in development of smart cities), and challenges (interoperability challenges and lack of common standards, high power consumption by wireless sensor terminals/connected devices, lack of IoT-related skills and technical expertise) influencing the growth of the IoT technology market
-  Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the IoT technology market
-  Market Development: Comprehensive information about lucrative markets - the report analyzes the IoT technology market across varied regions
-  Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the IoT technology market
-  Competitive Assessment: In-depth assessment of market shares, growth strategies, and product/service offerings of leading players like Intel Corporation (US), Qualcomm (US), Texas Instruments Incorporated (US), Cisco Systems, Inc. (US), Hewlett Packard Enterprise (US), IBM (US), STMicroelectronics (Switzerland), Microsoft (US), among others in the IoT technology market.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKET SEGMENTATION AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
 
- 1.4 CURRENCY CONSIDERED
- 1.5 UNIT CONSIDERED
- 1.6 STAKEHOLDERS
- 1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 List of major secondary sources
- 2.1.1.2 Key data from secondary sources
 
- 2.1.2 PRIMARY DATA
- 2.1.2.1 List of key interview participants
- 2.1.2.2 Key data from primary sources
- 2.1.2.3 Key industry insights
- 2.1.2.4 Breakdown of primaries
 
- 2.1.3 RESEARCH APPROACH
 
- 2.2 MARKET SIZE ESTIMATION METHODOLOGY
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
 
- 2.3 DATA TRIANGULATION
- 2.4 RESEARCH ASSUMPTIONS
- 2.5 RESEARCH LIMITATIONS
- 2.6 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR MARKET PLAYERS
- 4.2 IOT TECHNOLOGY MARKET, BY SERVICE
- 4.3 IOT TECHNOLOGY MARKET, BY PLATFORM
- 4.4 IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION
- 4.5 NORTH AMERICA: IOT TECHNOLOGY MARKET,  BY NODE COMPONENT AND COUNTRY
- 4.6 IOT TECHNOLOGY MARKET, BY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Global rise in internet penetration
- 5.2.1.2 Growing adoption of cloud platforms
- 5.2.1.3 Proliferation of wireless sensor networks
- 5.2.1.4 Increasing adoption of IPv6
 
- 5.2.2 RESTRAINTS
- 5.2.2.1 Data security and privacy concerns
 
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Increasing cross-domain collaborations
- 5.2.3.2 Government-led funding to develop IoT research projects
- 5.2.3.3 Emergence of connected care in healthcare sector
- 5.2.3.4 Increasing demand for HEVs and EVs
- 5.2.3.5 Growing safety concerns with rising urbanization
 
- 5.2.4 CHALLENGES
- 5.2.4.1 Interoperability challenges and lack of common standards
- 5.2.4.2 High power consumption by wireless sensor terminals and connected devices
- 5.2.4.3 Lack of skilled professionals
 
 
- 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.4 PRICING ANALYSIS
- 5.4.1 AVERAGE SELLING PRICE TREND, BY TYPE
- 5.4.2 AVERAGE SELLING PRICE ANALYSIS, BY KEY PLAYER
- 5.4.3 AVERAGE SELLING PRICE TREND, BY REGION
 
- 5.5 VALUE CHAIN ANALYSIS
- 5.6 ECOSYSTEM ANALYSIS
- 5.7 INVESTMENT AND FUNDING SCENARIO
- 5.8 TECHNOLOGY ANALYSIS
- 5.8.1 KEY TECHNOLOGIES
- 5.8.1.1 Integration of AI with IoT
- 5.8.1.2 Integration of ML with IoT
 
- 5.8.2 COMPLEMENTARY TECHNOLOGIES
- 5.8.2.1 Digital twin
- 5.8.2.2 Blockchain
 
- 5.8.3 ADJACENT TECHNOLOGIES
- 5.8.3.1 Edge computing
- 5.8.3.2 Wi-Fi
- 5.8.3.3 Cloud computing
- 5.8.3.4 Big data analytics
 
 
- 5.9 PATENT ANALYSIS
- 5.10 TRADE ANALYSIS
- 5.10.1 IMPORT SCENARIO FOR HS CODE 841510
- 5.10.2 EXPORT SCENARIO FOR HS CODE 841510
 
- 5.11 KEY CONFERENCES AND EVENTS, 2025-2026
- 5.12 CASE STUDY ANALYSIS
- 5.12.1 SOLULAB INC. ASSISTED ENMATRIX TO DEVELOP IOT MOBILE APPLICATION FOR SMART BUILDINGS AND YACHT MANAGEMENT
- 5.12.2 SOLULAB INC. HELPED GEARNETICS TO DEVELOP ADVANCED IOT FLEET MANAGEMENT SOLUTIONS
- 5.12.3 SANXING AND TELENOR CONNEXION FACILITATED LEADING SWEDISH ENERGY SUPPLIER TO IMPLEMENT IOT-BASED METERING SOLUTION FOR CONNECTING SMART METERS
- 5.12.4 ISA MINIMIZED EQUIPMENT BREAKDOWN WITH IOT-ENABLED PREDICTIVE MAINTENANCE SOLUTION
 
- 5.13 REGULATORY LANDSCAPE
- 5.13.1 STANDARDS
- 5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
- 5.14 PORTER'S FIVE FORCES ANALYSIS
- 5.14.1 BARGAINING POWER OF SUPPLIERS
- 5.14.2 BARGAINING POWER OF BUYERS
- 5.14.3 THREAT OF NEW ENTRANTS
- 5.14.4 THREAT OF SUBSTITUTES
- 5.14.5 INTENSITY OF COMPETITIVE RIVALRY
 
- 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.15.2 BUYING CRITERIA
 
- 5.16 IMPACT OF AI ON IOT TECHNOLOGY MARKET
- 5.16.1 INTRODUCTION
- 5.16.2 AI USE CASES
- 5.16.3 KEY COMPANIES IMPLEMENTING AI
 
- 5.17 US TARIFF IMPACT ON IOT TECHNOLOGY MARKET
- 5.17.1 INTRODUCTION
- 5.17.2 KEY TARIFF RATES
- 5.17.3 PRICE IMPACT ANALYSIS
- 5.17.4 IMPACT ON COUNTRY/REGION
- 5.17.4.1 US
- 5.17.4.2 Europe
- 5.17.4.3 Asia Pacific
 
- 5.17.5 IMPACT ON END-USE INDUSTRY
 
6 IOT TECHNOLOGY MARKET, BY NODE COMPONENT
- 6.1 INTRODUCTION
- 6.2 PROCESSORS
- 6.2.1 MICROCONTROLLERS
- 6.2.1.1 High suitability for energy-efficient and battery-powered IoT applications to boost market
 
- 6.2.2 MICROPROCESSORS
- 6.2.2.1 Increasing applications in remote or resource-constrained environments to boost demand
 
- 6.2.3 DIGITAL SIGNAL PROCESSORS
- 6.2.3.1 Ability to perform computation-intensive functions in transmitting digital signals to accelerate growth
 
- 6.2.4 APPLICATION PROCESSORS
- 6.2.4.1 Growing use of application processors in wearable devices to boost market
 
 
- 6.3 SENSORS
- 6.3.1 ACCELEROMETERS
- 6.3.1.1 Increasing applications of accelerometers in smartwatches to fuel market
 
- 6.3.2 INERTIAL MEASUREMENT UNITS
- 6.3.2.1 Growing demand in aerospace & defense industry to drive market
 
- 6.3.3 HEART RATE SENSORS
- 6.3.3.1 Increasing awareness regarding regular checkups and fitness activities to fuel market
 
- 6.3.4 PRESSURE SENSORS
- 6.3.4.1 Rising need to improve automobile safety to propel market
 
- 6.3.5 TEMPERATURE SENSORS
- 6.3.5.1 Growing adoption of temperature sensors in chemicals and food & beverages industries to drive market
 
- 6.3.6 BLOOD GLUCOSE SENSORS
- 6.3.6.1 Rising number of diabetic patients to drive market
 
- 6.3.7 BLOOD OXYGEN SENSORS
- 6.3.7.1 Rising incidence of respiratory diseases to fuel market
 
- 6.3.8 ELECTROCARDIOGRAM SENSORS
- 6.3.8.1 Growing demand for ECG devices with rising cardiovascular disorders to drive market
 
- 6.3.9 HUMIDITY SENSORS
- 6.3.9.1 Rising applications of humidity sensors in HVAC control systems to drive market
 
- 6.3.10 IMAGE SENSORS
- 6.3.10.1 Expanding LiDAR market to fuel segmental growth
 
- 6.3.11 AMBIENT LIGHT SENSORS
- 6.3.11.1 Growing demand for consumer electronics and automobiles to drive market
 
- 6.3.12 FLOW SENSORS
- 6.3.12.1 Rising use in smart energy applications to boost market
 
- 6.3.13 LEVEL SENSORS
- 6.3.13.1 Evolution of ultrasonic and radar sensors to boost demand
 
- 6.3.14 CHEMICAL SENSORS
- 6.3.14.1 Ability to convert chemical data into electronic data to encourage growth
 
- 6.3.15 CARBON MONOXIDE SENSORS
- 6.3.15.1 Pressing need to regulate CO gas in environment to boost demand
 
- 6.3.16 MOTION AND POSITION SENSORS
- 6.3.16.1 Declining prices of motion sensors to boost demand
 
- 6.3.17 CAMERA MODULES
- 6.3.17.1 Increasing demand for wearable cameras to drive market
 
 
- 6.4 CONNECTIVITY ICS
- 6.4.1 WIRED TECHNOLOGY
- 6.4.1.1 Ethernet/IP
- 6.4.1.1.1 Cost-effectiveness and suitability with video transport and storage area networks to drive market
 
- 6.4.1.2 Modbus
- 6.4.1.2.1 Growing industrial applications of Modbus to drive market
 
- 6.4.1.3 Process field net
- 6.4.1.3.1 Increasing applications in infrastructure and building automation to boost demand
 
- 6.4.1.4 Foundation fieldbus
- 6.4.1.4.1 High use in process industries to drive market
 
 
- 6.4.2 WIRELESS TECHNOLOGY
- 6.4.2.1 ANT+
- 6.4.2.1.1 Ability to support peer-to-peer and fixed mesh connections to drive market
 
- 6.4.2.2 Bluetooth
- 6.4.2.2.1 Increased demand for smartphones, laptops, and tablets to fuel market
 
- 6.4.2.3 Bluetooth smart/Bluetooth low energy
- 6.4.2.3.1 Low power consumption to propel market
 
- 6.4.2.4 ZigBee
- 6.4.2.4.1 Growing use of small data transfer to boost demand
 
- 6.4.2.5 Wi-Fi
- 6.4.2.5.1 Easy accessibility by smartphones, digital cameras, and personal computers to boost demand
 
- 6.4.2.6 Near-field communication
- 6.4.2.6.1 Ability to offer cost-efficient connectivity for IoT devices to fuel market
 
- 6.4.2.7 Cellular networks
- 6.4.2.7.1 Ability to transfer large amount of data over long distances to boost demand
 
- 6.4.2.8 Wireless highway addressable remote transducer
- 6.4.2.8.1 Ability to offer easy access to configuration and process data in industrial environments to support growth
 
- 6.4.2.9 GPS/GNSS modules
- 6.4.2.9.1 Need to record high-precision data to aid growth
 
- 6.4.2.10 ISA100
- 6.4.2.10.1 Compatibility with IoT technologies to drive demand
 
- 6.4.2.11 Bluetooth/WLAN
- 6.4.2.11.1 Increasing applications in healthcare devices and retail industry to boost demand
 
 
 
- 6.5 MEMORY DEVICES
- 6.5.1 ON-CHIP MEMORY DEVICES
- 6.5.1.1 High-speed performance with reduced power consumption to fuel market
 
- 6.5.2 OFF-CHIP MEMORY DEVICES
- 6.5.2.1 Rising deployment in servers, PCs, and mobile devices to boost demand
 
 
- 6.6 LOGIC DEVICES
- 6.6.1 FIELD-PROGRAMMABLE GATE ARRAYS
- 6.6.1.1 Ability to offer rapid prototyping to support growth
 
 
7 IOT TECHNOLOGY MARKET, BY SOFTWARE SOLUTION
- 7.1 INTRODUCTION
- 7.2 REAL-TIME STREAMING ANALYTICS
- 7.2.1 NEED TO ANALYZE DATA GENERATED IN DIFFERENT FORMATS IN REAL TIME TO BOOST DEMAND
 
- 7.3 SECURITY SOLUTIONS
- 7.3.1 GROWING NEED TO SECURE NETWORK OF CONNECTED DEVICES TO DRIVE MARKET
 
- 7.4 DATA MANAGEMENT
- 7.4.1 INCREASING NEED TO UNDERSTAND DATA PATTERNS AND DEVELOP LOGICAL INFORMATION TO BOOST DEMAND
 
- 7.5 REMOTE MONITORING
- 7.5.1 RISING DEPLOYMENT IN SMART GRIDS, PIPELINE SENSORS, AND SERVER MONITORING TO FOSTER GROWTH
 
- 7.6 NETWORK BANDWIDTH MANAGEMENT
- 7.6.1 ABILITY TO INCREASE NETWORK EFFICIENCY BY TRACKING BANDWIDTH AND RESOURCE CONSUMPTION TO DRIVE MARKET
 
8 IOT TECHNOLOGY MARKET, BY PLATFORM
- 8.1 INTRODUCTION
- 8.2 DEVICE MANAGEMENT
- 8.2.1 INCREASING REQUIREMENT TO MANAGE ACCESS AND CONTROL OVER IOT DEVICES TO FUEL MARKET
 
- 8.3 APPLICATION MANAGEMENT
- 8.3.1 RISING NEED FOR EFFECTIVE MONITORING AND REMOTE DEVICE MANAGEMENT TO BOOST DEMAND
 
- 8.4 NETWORK MANAGEMENT
- 8.4.1 ABILITY TO PREVENT NETWORK CRASHES DUE TO HIGH AMOUNT OF DATA TRANSFERS TO DRIVE DEMAND
 
9 IOT TECHNOLOGY MARKET, BY SERVICE
- 9.1 INTRODUCTION
- 9.2 PROFESSIONAL SERVICES
- 9.2.1 INCREASING DEMAND FOR CONNECTED DEVICES IN INDUSTRIAL AND TRANSPORTATION SECTORS TO BOOST DEMAND
- 9.2.1.1 Business planning
- 9.2.1.2 System design
- 9.2.1.3 Security
- 9.2.1.4 Software/Platform development and integration
- 9.2.1.5 Operational support and maintenance
- 9.2.1.6 Delivery and deployment
 
 
- 9.3 MANAGED SERVICES
- 9.3.1 INCREASING ADOPTION OF OUTSOURCED MANAGED SERVICES TO DRIVE DEMAND
- 9.3.1.1 Streamline operations
- 9.3.1.2 Optimize personnel
- 9.3.1.3 Manage IoT costs
- 9.3.1.4 Enhanced visibility
 
 
10 IOT TECHNOLOGY MARKET, BY END-USE APPLICATION
- 10.1 INTRODUCTION
- 10.2 INDUSTRIAL APPLICATIONS
- 10.2.1 HEALTHCARE
- 10.2.1.1 Growing cases of chronic illness to fuel market
- 10.2.1.2 IoT technology-based products used in healthcare sector
- 10.2.1.2.1 Fitness & heart rate monitors
- 10.2.1.2.2 Blood pressure monitors
- 10.2.1.2.3 Blood glucose meters
- 10.2.1.2.4 Continuous glucose monitors
- 10.2.1.2.5 Pulse oximeters
- 10.2.1.2.6 Automated external defibrillators
- 10.2.1.2.7 Programmable syringe pumps
- 10.2.1.2.8 Wearable injectors
- 10.2.1.2.9 Multiparameter monitors
- 10.2.1.2.10 Fall detectors
- 10.2.1.2.11 Smart pill dispensers
- 10.2.1.2.12 Gateways
 
 
- 10.2.2 AUTOMOTIVE & TRANSPORTATION
- 10.2.2.1 Increasing demand for connected automobile services to drive market
- 10.2.2.2 IoT technology-based products used in automotive & transportation sector
- 10.2.2.2.1 Connected cars
- 10.2.2.2.2 Ultrasonic sensors
- 10.2.2.2.3 Camera/Image sensors
- 10.2.2.2.4 Radars
- 10.2.2.2.5 LiDAR
- 10.2.2.2.6 Infrared detectors
 
- 10.2.2.3 In-car infotainment
- 10.2.2.4 Traffic management
- 10.2.2.4.1 Vehicle detection sensors
- 10.2.2.4.2 Pedestrian presence sensors
- 10.2.2.4.3 Speed sensors
- 10.2.2.4.4 Thermal cameras
- 10.2.2.4.5 Automated incident detection cameras
 
- 10.2.2.5 Public transport/Mass transit
- 10.2.2.6 E-tolls
- 10.2.2.7 Gateways
 
- 10.2.3 BUILDING AUTOMATION
- 10.2.3.1 Increased awareness regarding energy conservation to aid growth
- 10.2.3.2 IoT technology-based products used in building automation sector
- 10.2.3.2.1 Occupancy sensors
- 10.2.3.2.2 Daylight sensors
- 10.2.3.2.3 Smart thermostats
- 10.2.3.2.4 IP cameras
- 10.2.3.2.5 Smart meters
- 10.2.3.2.6 Smart locks
- 10.2.3.2.7 Smoke detectors
- 10.2.3.2.8 Gateways
 
 
- 10.2.4 MANUFACTURING
- 10.2.4.1 Increasing adoption of Industry 4.0 & 5.0 principles to propel market
- 10.2.4.2 IoT technology-based products used in manufacturing sector
- 10.2.4.2.1 Temperature sensors
- 10.2.4.2.2 Pressure sensors
- 10.2.4.2.3 Level sensors
- 10.2.4.2.4 Flow sensors
- 10.2.4.2.5 Chemical sensors
- 10.2.4.2.6 Humidity sensors
- 10.2.4.2.7 Motion & position sensors
- 10.2.4.2.8 Image sensors
- 10.2.4.2.9 Gateways
 
 
- 10.2.5 RETAIL
- 10.2.5.1 Growing popularity of digital signage and intelligent vending machines to drive market
- 10.2.5.2 IoT technology-based products used in retail sector
- 10.2.5.2.1 Intelligent vending machines
- 10.2.5.2.2 Contactless checkout
- 10.2.5.2.3 Smart mirrors
- 10.2.5.2.4 Smart shopping carts
- 10.2.5.2.5 Digital signage
- 10.2.5.2.6 Smart tags
- 10.2.5.2.7 Wireless beacons
- 10.2.5.2.8 Gateways
 
 
- 10.2.6 BFSI
- 10.2.6.1 Increasing deployment of IoT technology and rising competition in fintech sector to boost market
- 10.2.6.2 IoT technology-based products in BFSI sector
- 10.2.6.2.1 Mobile point of sale
- 10.2.6.2.2 Smart kiosk/Interactive kiosk
- 10.2.6.2.3 Gateways
 
 
- 10.2.7 OIL & GAS
- 10.2.7.1 Rising convergence of machines and intelligent data to boost market
- 10.2.7.2 IoT technology-based products in oil & gas industry
- 10.2.7.2.1 Temperature sensors
- 10.2.7.2.2 Pressure sensors
- 10.2.7.2.3 Level sensors
- 10.2.7.2.4 Flow sensors
- 10.2.7.2.5 Image sensors
- 10.2.7.2.6 Gateways
- 10.2.7.2.7 Other sensors
 
 
- 10.2.8 AGRICULTURE
- 10.2.8.1 Increasing trend of crop monitoring and analyzing soil conditions to drive market
- 10.2.8.2 IoT technology-based products used in agriculture sector
- 10.2.8.2.1 Climate sensors
- 10.2.8.2.2 Soil moisture sensors
- 10.2.8.2.3 Level sensors
- 10.2.8.2.4 Gateways
 
 
- 10.2.9 AEROSPACE & DEFENSE
- 10.2.9.1 Rising focus on improving efficiency, passenger safety, security, and experience to boost demand
- 10.2.9.2 IoT technology-based products used in aerospace & defense sector
- 10.2.9.2.1 Smart baggage tags
- 10.2.9.2.2 Smart beacons
- 10.2.9.2.3 ePassport gates
- 10.2.9.2.4 Drones/Unmanned Aerial Vehicles
- 10.2.9.2.5 Gateways
 
 
 
- 10.3 CONSUMER APPLICATIONS
- 10.3.1 WEARABLE DEVICES
- 10.3.1.1 Escalating demand for smartwatches to drive market
- 10.3.1.2 IoT technology-based products used in wearable device industry
- 10.3.1.2.1 Activity monitors
- 10.3.1.2.2 Smartwatches
- 10.3.1.2.3 Smart glasses
- 10.3.1.2.4 Body-worn cameras
 
 
- 10.3.2 CONSUMER ELECTRONICS
- 10.3.2.1 Ability to measure and control energy usage to boost demand
- 10.3.2.2 IoT technology-based products used in consumer electronics industry
- 10.3.2.2.1 Smart lighting devices
- 10.3.2.2.2 Smart TVs
- 10.3.2.2.3 Smart washing machines
- 10.3.2.2.4 Smart dryers
- 10.3.2.2.5 Smart refrigerators
- 10.3.2.2.6 Smart ovens
- 10.3.2.2.7 Smart cooktops
- 10.3.2.2.8 Smart cookers
- 10.3.2.2.9 Smart deep freezers
- 10.3.2.2.10 Smart dishwashers
- 10.3.2.2.11 Smart coffee makers
- 10.3.2.2.12 Smart kettles
- 10.3.2.2.13 Gateways
 
 
 
11 IOT TECHNOLOGY MARKET, BY REGION
- 11.1 INTRODUCTION
- 11.2 NORTH AMERICA
- 11.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
- 11.2.2 US
- 11.2.2.1 Increasing R&D in IoT to contribute to growth
 
- 11.2.3 CANADA
- 11.2.3.1 Increasing establishment of data centers to fuel growth
 
- 11.2.4 MEXICO
- 11.2.4.1 Rising preference for new technologies in manufacturing sector to aid growth
 
 
- 11.3 EUROPE
- 11.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
- 11.3.2 UK
- 11.3.2.1 Presence of robust digital infrastructure to fuel market
 
- 11.3.3 GERMANY
- 11.3.3.1 Increased adoption of IoT solutions by automotive and manufacturing sectors to boost demand
 
- 11.3.4 FRANCE
- 11.3.4.1 Rising demand for portable electronics to propel market
 
- 11.3.5 ITALY
- 11.3.5.1 Surge in digital transformation in manufacturing, smart cities, and home automation to drive market
 
- 11.3.6 SPAIN
- 11.3.6.1 Increasing innovations in home automation, connected retail, and urban infrastructure to aid growth
 
- 11.3.7 POLAND
- 11.3.7.1 Increasing integration of IoT in utilities, logistics, finance, and construction to boost market
 
- 11.3.8 NORDICS
- 11.3.8.1 Increasing penetration of smart homes to foster growth
 
- 11.3.9 REST OF EUROPE
 
- 11.4 ASIA PACIFIC
- 11.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
- 11.4.2 CHINA
- 11.4.2.1 Booming manufacturing sector to drive market
 
- 11.4.3 JAPAN
- 11.4.3.1 Rising emphasis on developing robotics to boost demand
 
- 11.4.4 SOUTH KOREA
- 11.4.4.1 Growing R&D for IoT technologies to drive market
 
- 11.4.5 INDIA
- 11.4.5.1 Expanding internet and smartphone penetration to aid growth
 
- 11.4.6 AUSTRALIA
- 11.4.6.1 Favorable government initiatives and strong connectivity infrastructure to boost market
 
- 11.4.7 INDONESIA
- 11.4.7.1 Rising adoption of digital services and growing demand for connected devices to propel market
 
- 11.4.8 MALAYSIA
- 11.4.8.1 Favorable policy framework and 5G rollout to foster growth
 
- 11.4.9 THAILAND
- 11.4.9.1 Increasing focus on digital transformation and innovation-led initiatives to boost market
 
- 11.4.10 VIETNAM
- 11.4.10.1 Digital transformation programs to support growth
 
- 11.4.11 REST OF ASIA PACIFIC
 
- 11.5 REST OF THE WORLD
- 11.5.1 MACROECONOMIC OUTLOOK FOR REST OF THE WORLD
- 11.5.2 SOUTH AMERICA
- 11.5.2.1 Growing digitalization initiatives and increased adoption of connected devices to drive market
 
- 11.5.3 MIDDLE EAST
- 11.5.3.1 Bahrain
- 11.5.3.1.1 Rising government-led digital transformation programs and smart city initiatives to aid growth
 
- 11.5.3.2 Kuwait
- 11.5.3.2.1 Increasing emphasis on industrial automation and digital services to propel market
 
- 11.5.3.3 Oman
- 11.5.3.3.1 Growing use of IoT in oil & gas, utilities, transportation, and healthcare to boost market
 
- 11.5.3.4 Qatar
- 11.5.3.4.1 Increasing advancements in smart transportation, energy management, and healthcare to spur growth
 
- 11.5.3.5 Saudi Arabia
- 11.5.3.5.1 Rise in digitalization, industrial automation, and smart urban planning to drive market
 
- 11.5.3.6 UAE
- 11.5.3.6.1 Widespread rollout of 5G and investments in AI-enabled IoT solutions to facilitate growth
 
- 11.5.3.7 Rest of Middle East
 
- 11.5.4 AFRICA
- 11.5.4.1 South Africa
- 11.5.4.1.1 Increasing implementation of IoT solutions in traffic management and energy optimization to boost market
 
- 11.5.4.2 Other African Countries
 
 
12 COMPETITIVE LANDSCAPE
- 12.1 OVERVIEW
- 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 12.3 REVENUE ANALYSIS, 2021-2024
- 12.4 MARKET SHARE ANALYSIS, 2024
- 12.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
- 12.6 BRAND/PRODUCT COMPARISON
- 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 12.7.1 STARS
- 12.7.2 EMERGING LEADERS
- 12.7.3 PERVASIVE PLAYERS
- 12.7.4 PARTICIPANTS
- 12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 12.7.5.1 Company footprint
- 12.7.5.2 Region footprint
- 12.7.5.3 Node component footprint
- 12.7.5.4 Software solution footprint
- 12.7.5.5 Service footprint
- 12.7.5.6 End-use application footprint
 
 
- 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 12.8.1 PROGRESSIVE COMPANIES
- 12.8.2 RESPONSIVE COMPANIES
- 12.8.3 DYNAMIC COMPANIES
- 12.8.4 STARTING BLOCKS
- 12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 12.8.5.1 Detailed list of key startups/SMEs
- 12.8.5.2 Competitive benchmarking of key startups/SMEs
 
 
- 12.9 COMPETITIVE SCENARIO
- 12.9.1 PRODUCT LAUNCHES
- 12.9.2 DEALS
- 12.9.3 EXPANSIONS
 
13 COMPANY PROFILES
- 13.1 INTRODUCTION
- 13.2 KEY PLAYERS
- 13.2.1 INTEL CORPORATION
- 13.2.1.1 Business overview
- 13.2.1.2 Products offered
- 13.2.1.3 Recent developments
- 13.2.1.3.1 Product launches
- 13.2.1.3.2 Deals
 
- 13.2.1.4 MnM view
- 13.2.1.4.1 Key strengths
- 13.2.1.4.2 Strategic choices
- 13.2.1.4.3 Weaknesses and competitive threats
 
 
- 13.2.2 QUALCOMM TECHNOLOGIES, INC.
- 13.2.2.1 Business overview
- 13.2.2.2 Products offered
- 13.2.2.3 Recent developments
- 13.2.2.3.1 Product launches
- 13.2.2.3.2 Deals
 
- 13.2.2.4 MnM view
- 13.2.2.4.1 Key strengths
- 13.2.2.4.2 Strategic choices
- 13.2.2.4.3 Weaknesses and competitive threats
 
 
- 13.2.3 TEXAS INSTRUMENTS INCORPORATED
- 13.2.3.1 Business overview
- 13.2.3.2 Products offered
- 13.2.3.3 Recent developments
- 13.2.3.3.1 Product launches
- 13.2.3.3.2 Expansions
 
- 13.2.3.4 MnM view
- 13.2.3.4.1 Key strengths
- 13.2.3.4.2 Strategic choices
- 13.2.3.4.3 Weaknesses and competitive threats
 
 
- 13.2.4 STMICROELECTRONICS
- 13.2.4.1 Business overview
- 13.2.4.2 Products offered
- 13.2.4.3 Recent developments
- 13.2.4.3.1 Product launches
- 13.2.4.3.2 Deals
 
- 13.2.4.4 MnM view
- 13.2.4.4.1 Key strengths
- 13.2.4.4.2 Strategic choices
- 13.2.4.4.3 Weaknesses and competitive threats
 
 
- 13.2.5 IBM
- 13.2.5.1 Business overview
- 13.2.5.2 Products offered
- 13.2.5.3 Recent developments
- 13.2.5.3.1 Product launches
- 13.2.5.3.2 Deals
 
- 13.2.5.4 MnM view
- 13.2.5.4.1 Key strengths
- 13.2.5.4.2 Strategic choices
- 13.2.5.4.3 Weaknesses and competitive threats
 
 
- 13.2.6 HP INC.
- 13.2.6.1 Business overview
- 13.2.6.2 Products offered
- 13.2.6.3 Recent developments
- 13.2.6.3.1 Deals
- 13.2.6.3.2 Expansions
 
 
- 13.2.7 CISCO SYSTEMS, INC.
- 13.2.7.1 Business overview
- 13.2.7.2 Products offered
- 13.2.7.3 Recent developments
- 13.2.7.3.1 Product launches
- 13.2.7.3.2 Deals
 
 
- 13.2.8 MICROSOFT
- 13.2.8.1 Business overview
- 13.2.8.2 Products offered
- 13.2.8.3 Recent developments
 
- 13.2.9 PTC
- 13.2.9.1 Business overview
- 13.2.9.2 Products offered
- 13.2.9.3 Recent developments
- 13.2.9.3.1 Product launches
- 13.2.9.3.2 Deals
 
 
- 13.2.10 AMAZON WEB SERVICES, INC.
- 13.2.10.1 Business overview
- 13.2.10.2 Products offered
- 13.2.10.3 Recent developments
- 13.2.10.3.1 Product launches
- 13.2.10.3.2 Deals
 
 
 
- 13.3 OTHER PLAYERS
- 13.3.1 GENERAL ELECTRIC COMPANY
- 13.3.2 SOFTEQ DEVELOPMENT CORP.
- 13.3.3 SCIENCESOFT USA CORPORATION
- 13.3.4 ORACLE
- 13.3.5 SIEMENS
- 13.3.6 SAP SE
- 13.3.7 ROBERT BOSCH GMBH
- 13.3.8 HUAWEI TECHNOLOGIES CO., LTD.
- 13.3.9 SCHNEIDER ELECTRIC
- 13.3.10 ARM LIMITED
- 13.3.11 NXP SEMICONDUCTORS N.V.
- 13.3.12 TE CONNECTIVITY
- 13.3.13 SOFTWARE AG
- 13.3.14 MICROCHIP TECHNOLOGY INC.
- 13.3.15 VATES
- 13.3.16 CELLHIRE PLC
- 13.3.17 CLEARBLADE
- 13.3.18 SOLULAB INC.
- 13.3.19 KONSTANT INFOSOLUTIONS
- 13.3.20 BINARIKS INC.
 
14 APPENDIX
- 14.1 DISCUSSION GUIDE
- 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS'  SUBSCRIPTION PORTAL
- 14.3 CUSTOMIZATION OPTIONS
- 14.4 RELATED REPORTS
- 14.5 AUTHOR DETAILS