IoT Market Report 2030 by Segments, Geography, Dynamics, Recent Developments, and Strategic Insights

IoT Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component [Hardware, Software (Device Management, Application Management, Data Management, and Network Management), and Services], Enterprise Size (Large Enterprises and SMEs), and Application (Building & Automation, Smart Energy & Utilities, Smart Manufacturing, Connected Logistics, Banking & Financial Services, Aerospace & Defense, and Others) and Geography

  • Report Code : TIPTE100000128
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 250
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The IoT market size is projected to reach US$ 3967.99 billion by 2030 from US$ 611.0 billion in 2023. The market is expected to register a CAGR of 30.6% during 2023–2030. The fusion of Artificial Intelligence (AI) with IoT is likely to remain a key trend in the market.

IoT Market Analysis

The IoT market includes growth prospects owing to the current market trends and their foreseeable impact during the forecast period. The IoT market is growing owing to factors such as the increasing adoption of IoT devices, increasing resilience in smart manufacturing, and rapid digitization across various industries. The development of smart cities and the progressive deployment of 5G networks are some of the factors anticipated to provide lucrative opportunities for the IoT market growth.

IoT Market Overview

The Internet of Things, or IoT, is a network of interrelated devices that connect and exchange data with each other and the cloud. IoT devices are typically embedded with technology such as sensors and software. Organizations across various industries are using IoT to operate more efficiently, deliver enhanced customer service, improve decision-making and increase the value of the business.

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IoT Market: Strategic Insights

internet-of-things-iot-market
Market Size Value inUS$ 611.00 billion in 2023
Market Size Value byUS$ 3,967.99 billion by 2030
Growth rateCAGR of 30.6% from 2023 to 2030
Forecast Period2023-2030
Base Year2023
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IoT Market Drivers and Opportunities

Increasing Adoption of IoT Devices to Favor Market

The Internet of Things (IoT) describes An extensively broad network of interconnected devices along with technologies that enable communications between these devices and the cloud. Recently, there has been a huge surge in the adoption of IoT technologies due to advancements in mobile and wireless connectivity technologies, and a gradual drop in the cost of sensors and other components. Several industries are using IoT to improve efficiency and reduce the costs of their operations. According to Finance Online, there were approximately 14.76 billion connected IoT devices as of November 2023, and this figure is expected to rise to ~25.44 billion by 2030. As per a forecast by IoT Analytics, 75% of the total devices in use would be IoT by 2030. Furthermore, FinleyUSA estimated the global IoT spending at US$ 1.1 trillion in 2023. Such increasing adoption of IoT devices drives market growth.

Development of Smart Cities

The reliance on technology for a more comfortable living is increasing with the evolving lifestyles of consumers and communities worldwide. Smart cities have gained huge traction in the last few decades. According to TWI Ltd., 54% of the world’s population lives in cities, and the number is expected to rise to 66% by 2050. According to the Indian Ministry of Housing and Urban Affairs (MoHUA), 100 smart cities had issued work orders for 7,978 projects as of July 2023, of which 5,909 projects were completed. As per the SmartAmerica Challenge, city governments in the US announced plans to invest ~US$ 41 trillion over the next 20 years to upgrade their infrastructure and benefit from the network of connected devices. In December 2023, a Chinese property development consortium announced an investment of approximately US$ 1.85 trillion in a new smart city in Brazil. IoT devices are being increasingly used in smart cities, thereby providing growth opportunities for the market.

IoT Market Report Segmentation Analysis

Key segments that contributed to the derivation of the IoT market analysis are component, enterprise size, and application.

  • Based on the component, the IoT market is divided into hardware, software, and services. The hardware segment will hold a significant market share in 2022.
  • By enterprise size, the market is segmented into large enterprises and SMEs. The large enterprises segment held the largest market share in 2022.
  • In terms of application, the market is segmented into building & automation, smart energy & utilities, smart manufacturing, connected logistics, banking & financial services, aerospace & defense, and others. The smart manufacturing segment held the largest market share in 2022.

IoT Market Share Analysis by Geography

The geographic scope of the IoT market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

The IoT market in Asia Pacific is experiencing rapid growth, propelled by various factors such as huge digitization of various industries, high growth of the smart manufacturing sector and favorable government support.

IoT Market Report Scope

IoT Market News and Recent Developments

The IoT market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the IoT market are listed below:

  • Vodafone has entered a major strategic partnership with Microsoft that will significantly expand Vodafone’s IoT capabilities. This 10-year agreement aims to leverage both companies’ strengths to transform digital platforms for over 300 million businesses, public sector organizations, and consumers in Europe and Africa. (Source: Vodafone, Press Release, January 2024)
  • Soracom, Inc., a global provider of advanced Internet of Things (IoT) connectivity, and Suzuki Motor Corporation, which offers products in multiple mobility categories, including automobiles, motorcycles, and outboard motors, announced that they had signed an agreement to pursue applications of advanced IoT technologies in the field of mobility services. (Source: Suzuki Motor Corporation, Press Release, February 2024)

IoT Market Report Coverage and Deliverables

The “IoT Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:

  • IoT market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • IoT market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • IoT market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the IoT market
  • Detailed company profiles
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Component, Enterprise Size, and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Belgium, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Malaysia, Mexico, Netherlands, Russian Federation, Saudi Arabia, Singapore, South Africa, South Korea, Sweden, Switzerland, Thailand, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Which region dominated the IoT market in 2022?

Asia Pacific is expected to dominate the IoT market with the highest market share in 2022.

What would be the estimated value of the XYZ market by 2030?

The IoT market size is projected to reach US$ 3967.99 billion by 2030.

Which are the leading players operating in the IoT market?

The leading players operating in the IoT market are Microsoft Corporation, Hewlett Packard Enterprise Development LP, SAS Institute Inc., VMware, Inc.; Google, LLC; Oracle Corporation; Cisco Systems, Inc.; SAP SE; IBM Corporation; and Qualcomm Technologies, Inc.

What is the expected CAGR of the IoT market?

The global IoT market is expected to grow at a CAGR of 30.6% during the forecast period 2023 - 2030.

What are the driving factors impacting the global IoT market?

Increasing adoption of IoT devices, increasing resilience in smart manufacturing, and rapid digitization across various industries are the major factors driving the IoT market.

What are the future trends of the IoT market?

The fusion of artificial intelligence (AI) with IoT is anticipated to play a significant role in the global IoT market in the coming years.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. IoT Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. IoT Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increase in Number of Smart City Projects

5.1.2 Low Cost of Connected Devices and Increase in Investments in IoT

5.1.3 Rise in Implementation of IoT in Automotive Sector

5.2 Market Restraints

5.2.1 Data Security and Interoperability Issues

5.3 Market Opportunities

5.3.1 Progressive Deployment of 5G Networks

5.4 Future Trends

5.4.1 Massive Expansion of E-Commerce Industry

5.4.2 Increase in Digitalization Across Industries

5.5 Impact Analysis of Drivers and Restraints

6. IoT Market – Global Market Analysis

6.1 Global IoT Market Overview

6.2 Global IoT Market Revenue and Volume Forecast and Analysis

6.3 Market Positioning – Five Key Players

7. IoT Market – By Component

7.1 Overview

7.2 IoT Market, by Component (2022 and 2030)

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

7.4 Software

7.4.1 Overview

7.4.2 Software: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

7.4.3 Device Management

7.4.3.1 Overview

7.4.3.2 Device Management: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

7.4.4 Application Management

7.4.4.1 Overview

7.4.4.2 Application Management: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

7.4.5 Data Management

7.4.5.1 Overview

7.4.5.2 Data Management: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

7.4.6 Network Management

7.4.6.1 Overview

7.4.6.2 Network Management: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

7.5 Services

7.5.1 Overview

7.5.2 Service: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

8. IoT Market Analysis – by Enterprise Size

8.1 Overview

8.2 IoT Market, by Enterprise Size (2022 and 2030)

8.3 Large Enterprises

8.3.1 Overview

8.3.2 Large Enterprises: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

8.4 SMEs

8.4.1 Overview

8.4.2 SMEs: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

9. IoT Market Analysis – by Application

9.1 Overview

9.2 IoT Market, by Application (2022 and 2030)

9.3 Building & Automation

9.3.1 Overview

9.3.2 Building & Automation: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

9.4 Smart Energy & Utilities

9.4.1 Overview

9.4.2 Smart Energy & Utilities: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

9.5 Smart Manufacturing

9.5.1 Overview

9.5.2 Smart Manufacturing: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

9.6 Connected Logistics

9.6.1 Overview

9.6.2 Connected Logistics: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

9.7 Smart Mobility and Transportation

9.7.1 Overview

9.7.2 Smart Mobility and Transportation: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

9.8 Banking & Financial Services

9.8.1 Overview

9.8.2 Banking & Financial Services: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

9.9 Aerospace & Defense

9.9.1 Overview

9.9.2 Aerospace & Defense: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

9.10 Others

9.10.1 Overview

9.10.2 Others: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

10. IoT Market – Geographic Analysis

10.1 Overview

10.2 North America: IoT Market

10.2.1 Overview

10.2.2 North America IoT Market - Revenue and Volume Forecast to 2030 (US$ Billion)

10.2.3 North America IoT Market, By Component

10.2.4 North America IoT Market, By Software

10.2.5 North America IoT Market, By Enterprise Size

10.2.6 North America IoT Market, By Application

10.2.7 North America IoT Market, by Country

10.2.7.1 US IoT Market - Revenue and Forecast to 2030

10.2.7.1.1 US IoT Market, By Component

10.2.7.1.2 US IoT Market, By Software

10.2.7.1.3 US IoT Market, By Enterprise Size

10.2.7.1.4 US IoT Market, By Application

10.2.7.2 Canada IoT Market - Revenue and Forecast to 2030

10.2.7.2.1 Canada IoT Market, By Component

10.2.7.2.2 Canada IoT Market, By Software

10.2.7.2.3 Canada IoT Market, By Enterprise Size

10.2.7.2.4 Canada IoT Market, By Application

10.2.7.3 Mexico IoT Market - Revenue and Forecast to 2030

10.2.7.3.1 Mexico IoT Market, By Component

10.2.7.3.2 Mexico IoT Market, By Software

10.2.7.3.3 Mexico IoT Market, By Enterprise Size

10.2.7.3.4 Mexico IoT Market, By Application

10.3 Europe: IoT Market

10.3.1 Overview

10.3.2 Europe IoT Market - Revenue and Volume Forecast to 2030 (US$ Billion)

10.3.3 Europe IoT Market, By Component

10.3.4 Europe IoT Market, By Software

10.3.5 Europe IoT Market, By Enterprise Size

10.3.6 Europe IoT Market, By Application

10.3.7 Europe IoT Market, by Country

10.3.7.1 Germany IoT Market - Revenue and Forecast to 2030

10.3.7.1.1 Germany IoT Market, By Component

10.3.7.1.2 Germany IoT Market, By Software

10.3.7.1.3 Germany IoT Market, By Enterprise Size

10.3.7.1.4 Germany IoT Market, By Application

10.3.7.2 France IoT Market - Revenue and Forecast to 2030

10.3.7.2.1 France IoT Market, By Component

10.3.7.2.2 France IoT Market, By Software

10.3.7.2.3 France IoT Market, By Enterprise Size

10.3.7.2.4 France IoT Market, By Application

10.3.7.3 Italy IoT Market - Revenue and Forecast to 2030

10.3.7.3.1 Italy IoT Market, By Component

10.3.7.3.2 Italy IoT Market, By Software

10.3.7.3.3 Italy IoT Market, By Enterprise Size

10.3.7.3.4 Italy IoT Market, By Application

10.3.7.4 UK IoT Market - Revenue and Forecast to 2030

10.3.7.4.1 UK IoT Market, By Component

10.3.7.4.2 UK IoT Market, By Software

10.3.7.4.3 UK IoT Market, By Enterprise Size

10.3.7.4.4 UK IoT Market, By Application

10.3.7.5 Russia IoT Market - Revenue and Forecast to 2030

10.3.7.5.1 Russia IoT Market, By Component

10.3.7.5.2 Russia IoT Market, By Software

10.3.7.5.3 Russia IoT Market, By Enterprise Size

10.3.7.5.4 Russia IoT Market, By Application

10.3.7.6 Sweden IoT Market - Revenue and Forecast to 2030

10.3.7.6.1 Sweden IoT Market, By Component

10.3.7.6.2 Sweden IoT Market, By Software

10.3.7.6.3 Sweden IoT Market, By Enterprise Size

10.3.7.6.4 Sweden IoT Market, By Application

10.3.7.7 Belgium IoT Market - Revenue and Forecast to 2030

10.3.7.7.1 Belgium IoT Market, By Component

10.3.7.7.2 Belgium IoT Market, By Software

10.3.7.7.3 Belgium IoT Market, By Enterprise Size

10.3.7.7.4 Belgium IoT Market, By Application

10.3.7.8 Netherlands IoT Market - Revenue and Forecast to 2030

10.3.7.8.1 Netherlands IoT Market, By Component

10.3.7.8.2 Netherlands IoT Market, By Software

10.3.7.8.3 Netherlands IoT Market, By Enterprise Size

10.3.7.8.4 Netherlands IoT Market, By Application

10.3.7.9 Switzerland IoT Market - Revenue and Forecast to 2030

10.3.7.9.1 Switzerland IoT Market, By Component

10.3.7.9.2 Switzerland IoT Market, By Software

10.3.7.9.3 Switzerland IoT Market, By Enterprise Size

10.3.7.9.4 Switzerland IoT Market, By Application

10.3.7.10 Rest of Europe IoT Market - Revenue and Forecast to 2030

10.3.7.10.1 Rest of Europe IoT Market, By Component

10.3.7.10.2 Rest of Europe IoT Market, By Software

10.3.7.10.3 Rest of Europe IoT Market, By Enterprise Size

10.3.7.10.4 Rest of Europe IoT Market, By Application

10.4 Asia Pacific (APAC): IoT Market

10.4.1 Overview

10.4.2 Asia Pacific IoT Market - Revenue and Volume Forecast to 2030 (US$ Billion)

10.4.3 Asia Pacific IoT Market, By Component

10.4.4 Asia Pacific IoT Market, By Software

10.4.5 Asia Pacific IoT Market, By Enterprise Size

10.4.6 Asia Pacific IoT Market, By Application

10.4.7 Asia Pacific IoT Market, by Country

10.4.7.1 Australia IoT Market - Revenue and Forecast to 2030

10.4.7.1.1 Australia IoT Market, By Component

10.4.7.1.2 Australia IoT Market, By Software

10.4.7.1.3 Australia IoT Market, By Enterprise Size

10.4.7.1.4 Australia IoT Market, By Application

10.4.7.2 China IoT Market - Revenue and Forecast to 2030

10.4.7.2.1 China IoT Market, By Component

10.4.7.2.2 China IoT Market, By Software

10.4.7.2.3 China IoT Market, By Enterprise Size

10.4.7.2.4 China IoT Market, By Application

10.4.7.3 India IoT Market - Revenue and Forecast to 2030

10.4.7.3.1 India IoT Market, By Component

10.4.7.3.2 India IoT Market, By Software

10.4.7.3.3 India IoT Market, By Enterprise Size

10.4.7.3.4 India IoT Market, By Application

10.4.7.4 Japan IoT Market - Revenue and Forecast to 2030

10.4.7.4.1 Japan IoT Market, By Component

10.4.7.4.2 Japan IoT Market, By Software

10.4.7.4.3 Japan IoT Market, By Enterprise Size

10.4.7.4.4 Japan IoT Market, By Application

10.4.7.5 South Korea IoT Market - Revenue and Forecast to 2030

10.4.7.5.1 South Korea IoT Market, By Component

10.4.7.5.2 South Korea IoT Market, By Software

10.4.7.5.3 South Korea IoT Market, By Enterprise Size

10.4.7.5.4 South Korea IoT Market, By Application

10.4.7.6 Indonesia IoT Market - Revenue and Forecast to 2030

10.4.7.6.1 Indonesia IoT Market, By Component

10.4.7.6.2 Indonesia IoT Market, By Software

10.4.7.6.3 Indonesia IoT Market, By Enterprise Size

10.4.7.6.4 Indonesia IoT Market, By Application

10.4.7.7 Singapore IoT Market - Revenue and Forecast to 2030

10.4.7.7.1 Singapore IoT Market, By Component

10.4.7.7.2 Singapore IoT Market, By Software

10.4.7.7.3 Singapore IoT Market, By Enterprise Size

10.4.7.7.4 Singapore IoT Market, By Application

10.4.7.8 Malaysia IoT Market - Revenue and Forecast to 2030

10.4.7.8.1 Malaysia IoT Market, By Component

10.4.7.8.2 Malaysia IoT Market, By Software

10.4.7.8.3 Malaysia IoT Market, By Enterprise Size

10.4.7.8.4 Malaysia IoT Market, By Application

10.4.7.9 Thailand IoT Market - Revenue and Forecast to 2030

10.4.7.9.1 Thailand IoT Market, By Component

10.4.7.9.2 Thailand IoT Market, By Software

10.4.7.9.3 Thailand IoT Market, By Enterprise Size

10.4.7.9.4 Thailand IoT Market, By Application

10.4.7.10 Rest of Asia Pacific IoT Market - Revenue and Forecast to 2030

10.4.7.10.1 Rest of Asia Pacific IoT Market, By Component

10.4.7.10.2 Rest of Asia Pacific IoT Market, By Software

10.4.7.10.3 Rest of Asia Pacific IoT Market, By Enterprise Size

10.4.7.10.4 Rest of Asia Pacific IoT Market, By Application

10.5 Middle East & Africa (MEA): IoT Market

10.5.1 Overview

10.5.2 MEA IoT Market - Revenue and Volume Forecast to 2030 (US$ Billion)

10.5.3 MEA IoT Market, By Component

10.5.4 MEA IoT Market, By Software

10.5.5 MEA IoT Market, By Enterprise Size

10.5.6 MEA IoT Market, By Application

10.5.7 MEA IoT Market, by Country

10.5.7.1 South Africa IoT Market - Revenue and Forecast to 2030

10.5.7.1.1 South Africa IoT Market, By Component

10.5.7.1.2 South Africa IoT Market, By Software

10.5.7.1.3 South Africa IoT Market, By Enterprise Size

10.5.7.1.4 South Africa IoT Market, By Application

10.5.7.2 Saudi Arabia IoT Market - Revenue and Forecast to 2030

10.5.7.2.1 Saudi Arabia IoT Market, By Component

10.5.7.2.2 Saudi Arabia IoT Market, By Software

10.5.7.2.3 Saudi Arabia IoT Market, By Enterprise Size

10.5.7.2.4 Saudi Arabia IoT Market, By Application

10.5.7.3 UAE IoT Market - Revenue and Forecast to 2030

10.5.7.3.1 UAE IoT Market, By Component

10.5.7.3.2 UAE IoT Market, By Software

10.5.7.3.3 UAE IoT Market, By Enterprise Size

10.5.7.3.4 UAE IoT Market, By Application

10.5.7.4 Rest of MEA IoT Market - Revenue and Forecast to 2030

10.5.7.4.1 Rest of MEA IoT Market, By Component

10.5.7.4.2 Rest of MEA IoT Market, By Software

10.5.7.4.3 Rest of MEA IoT Market, By Enterprise Size

10.5.7.4.4 Rest of MEA IoT Market, By Application

10.6 South America (SAM): IoT Market

10.6.1 Overview

10.6.2 SAM IoT Market - Revenue and Volume Forecast to 2030 (US$ Billion)

10.6.3 SAM IoT Market, By Component

10.6.4 SAM IoT Market, By Software

10.6.5 SAM IoT Market, By Enterprise Size

10.6.6 SAM IoT Market, By Application

10.6.7 SAM IoT Market, by Country

10.6.7.1 Brazil IoT Market - Revenue and Forecast to 2030

10.6.7.1.1 Brazil IoT Market, By Component

10.6.7.1.2 Brazil IoT Market, By Software

10.6.7.1.3 Brazil IoT Market, By Enterprise Size

10.6.7.1.4 Brazil IoT Market, By Application

10.6.7.2 Argentina IoT Market - Revenue and Forecast to 2030

10.6.7.2.1 Argentina IoT Market, By Component

10.6.7.2.2 Argentina IoT Market, By Software

10.6.7.2.3 Argentina IoT Market, By Enterprise Size

10.6.7.2.4 Argentina IoT Market, By Application

10.6.7.3 Rest of SAM IoT Market - Revenue and Forecast to 2030

10.6.7.3.1 Rest of SAM IoT Market, By Component

10.6.7.3.2 Rest of SAM IoT Market, By Software

10.6.7.3.3 Rest of SAM IoT Market, By Enterprise Size

10.6.7.3.4 Rest of SAM IoT Market, By Application

11. IoT Market - COVID-19 Impact Analysis

11.1 Overview

11.2 North America: Impact Assessment of COVID-19 Pandemic

11.3 Europe: Impact Assessment of COVID-19 Pandemic

11.4 APAC: Impact Assessment of COVID-19 Pandemic

11.5 MEA: Impact Assessment of COVID-19 Pandemic

11.6 SAM: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Product Development

12.4 Mergers & Acquisitions

13. Company Profiles

13.1 Amazon Web Services Inc

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Cisco Systems Inc

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Google LLC

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Software AG

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 International Business Machines Corp

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Intel Corp

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Microsoft Corp

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Oracle Corp

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Siemens AG

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 SAP SE

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Global IoT Market Revenue and Forecast to 2030 (US$ Billion)

Table 2. North America IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 3. North America IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 4. North America IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 5. North America IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 6. US IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 7. US IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 8. US IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 9. US IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 10. Canada IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 11. Canada IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 12. Canada IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 13. Canada IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 14. Mexico IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 15. Mexico IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 16. Mexico IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 17. Mexico IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 18. Europe IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 19. Europe IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 20. Europe IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 21. Europe IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 22. Germany IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 23. Germany IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 24. Germany IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 25. Germany IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 26. France IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 27. France IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 28. France IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 29. France IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 30. Italy IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 31. Italy IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 32. Italy IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 33. Italy IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 34. UK IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 35. UK IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 36. UK IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 37. UK IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 38. Russia IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 39. Russia IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 40. Russia IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 41. Russia IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 42. Sweden IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 43. Sweden IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 44. Sweden IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 45. Sweden IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 46. Belgium IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 47. Belgium IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 48. Belgium IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 49. Belgium IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 50. Netherlands IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 51. Netherlands IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 52. Netherlands IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 53. Netherlands IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 54. Switzerland IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 55. Switzerland IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 56. Switzerland IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 57. Switzerland IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 58. Rest of Europe IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 59. Rest of Europe IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 60. Rest of Europe IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 61. Rest of Europe IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 62. Asia Pacific IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 63. Asia Pacific IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 64. Asia Pacific IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 65. Asia Pacific IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 66. Australia IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 67. Australia IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 68. Australia IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 69. Australia IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 70. China IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 71. China IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 72. China IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 73. China IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 74. India IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 75. India IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 76. India IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 77. India IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 78. Japan IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 79. Japan IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 80. Japan IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 81. Japan IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 82. South Korea IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 83. South Korea IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 84. South Korea IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 85. South Korea IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 86. Indonesia IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 87. Indonesia IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 88. Indonesia IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 89. Indonesia IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 90. Singapore IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 91. Singapore IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 92. Singapore IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 93. Singapore IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 94. Malaysia IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 95. Malaysia IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 96. Malaysia IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 97. Malaysia IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 98. Thailand IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 99. Thailand IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 100. Thailand IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 101. Thailand IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 102. Rest of Asia Pacific IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 103. Rest of Asia Pacific IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 104. Rest of Asia Pacific IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 105. Rest of Asia Pacific IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 106. MEA IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 107. MEA IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 108. MEA IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 109. MEA IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 110. South Africa IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 111. South Africa IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 112. South Africa IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 113. South Africa IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 114. Saudi Arabia IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 115. Saudi Arabia IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 116. Saudi Arabia IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 117. Saudi Arabia IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 118. UAE IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 119. UAE IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 120. UAE IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 121. UAE IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 122. Rest of MEA IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 123. Rest of MEA IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 124. Rest of MEA IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 125. Rest of MEA IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 126. SAM IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 127. SAM IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 128. SAM IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 129. SAM IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 130. Brazil IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 131. Brazil IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 132. Brazil IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 133. Brazil IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 134. Argentina IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 135. Argentina IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 136. Argentina IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 137. Argentina IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 138. Rest of SAM IoT Market - Revenue and Forecast to 2030 – By Component (US$ Billion)

Table 139. Rest of SAM IoT Market - Revenue and Forecast to 2030 – By Software (US$ Billion)

Table 140. Rest of SAM IoT Market - Revenue and Forecast to 2030 – By Enterprise Size (US$ Billion)

Table 141. Rest of SAM IoT Market - Revenue and Forecast to 2030 – By Application (US$ Billion)

Table 142. List of Abbreviation

LIST OF FIGURES

Figure 1. IoT Market Segmentation

Figure 2. IoT Market Segmentation – By Geography

Figure 3. Global IoT Market Overview

Figure 4. IoT Market, by Component

Figure 5. IoT Market, by Software

Figure 6. IoT Market, by Enterprise Size

Figure 7. IoT Market, by Geography

Figure 8. North America – PEST Analysis

Figure 9. Europe – PEST Analysis

Figure 10. APAC – PEST Analysis

Figure 11. MEA – PEST Analysis

Figure 12. SAM – PEST Analysis

Figure 13. IoT Market- Ecosystem Analysis

Figure 14. Expert Opinion

Figure 15. IoT Market: Impact Analysis of Drivers and Restraints

Figure 16. Geographic Overview of IoT Market

Figure 17. Global IoT Market Revenue and Forecast (US$ Billion)

Figure 18. Global IoT Market Volume and Forecast (Unit Billion)

Figure 19. IoT Market Revenue Share, by Component (2022 and 2030)

Figure 20. Hardware: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 21. Software: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 22. Device Management: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 23. Application Management: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 24. Data Management: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 25. Network Management: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 26. Service: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 27. IoT Market Revenue Share, by Enterprise Size (2022 and 2030)

Figure 28. Large Enterprises: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 29. SMEs: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 30. IoT Market Revenue Share, by Application (2022 and 2030)

Figure 31. Building & Automation: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 32. Smart Energy & Utilities: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 33. Smart Manufacturing: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 34. Connected Logistics: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 35. Smart Mobility and Transportation: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 36. Banking & Financial Services: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 37. Aerospace & Defense: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 38. Others: IoT Market – Revenue and Forecast to 2030 (US$ Billion)

Figure 39. Global IoT Market, by Region, 2022 & 2030 (%)

Figure 40. North America IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 41. North America IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 42. North America IoT Market, By Component, 2022 & 2030 (%)

Figure 43. North America IoT Market, By Software, 2022 & 2030 (%)

Figure 44. North America IoT Market, By Enterprise Size, 2022 & 2030 (%)

Figure 45. North America IoT Market, By Application, 2022 & 2030 (%)

Figure 46. North America IoT Market, by Country, 2022 & 2030 (%)

Figure 47. US IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 48. US IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 49. Canada IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 50. Canada IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 51. Mexico IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 52. Mexico IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 53. Europe IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 54. Europe IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 55. Europe IoT Market, By Component, 2022 & 2030 (%)

Figure 56. Europe IoT Market, By Software, 2022 & 2030 (%)

Figure 57. Europe IoT Market, By Enterprise Size, 2022 & 2030 (%)

Figure 58. Europe IoT Market, By Application, 2022 & 2030 (%)

Figure 59. Europe IoT Market, by Country, 2022 & 2030 (%)

Figure 60. Germany IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 61. Germany IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 62. France IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 63. France IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 64. Italy IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 65. Italy IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 66. UK IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 67. UK IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 68. Russia IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 69. Russia IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 70. Sweden IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 71. Sweden IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 72. Belgium IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 73. Belgium IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 74. Netherlands IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 75. Netherlands IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 76. Switzerland IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 77. Switzerland IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 78. Rest of Europe IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 79. Rest of Europe IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 80. Asia Pacific IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 81. Asia Pacific IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 82. Asia Pacific IoT Market, By Component, 2022 & 2030 (%)

Figure 83. Asia Pacific IoT Market, By Software, 2022 & 2030 (%)

Figure 84. Asia Pacific IoT Market, By Enterprise Size, 2022 & 2030 (%)

Figure 85. Asia Pacific IoT Market, By Application, 2022 & 2030 (%)

Figure 86. Asia Pacific IoT Market, by Country, 2022 & 2030 (%)

Figure 87. Australia IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 88. Australia IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 89. China IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 90. China IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 91. India IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 92. India IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 93. Japan IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 94. Japan IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 95. South Korea IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 96. South Korea IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 97. Indonesia IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 98. Indonesia IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 99. Singapore IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 100. Singapore IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 101. Malaysia IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 102. Malaysia IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 103. Thailand IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 104. Thailand IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 105. Rest of Asia Pacific IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 106. Rest of Asia Pacific IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 107. MEA IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 108. MEA IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 109. MEA IoT Market, By Component, 2022 & 2030 (%)

Figure 110. MEA IoT Market, By Software, 2022 & 2030 (%)

Figure 111. MEA IoT Market, By Enterprise Size, 2022 & 2030 (%)

Figure 112. MEA IoT Market, By Application, 2022 & 2030 (%)

Figure 113. MEA IoT Market, by Country, 2022 & 2030 (%)

Figure 114. South Africa IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 115. South Africa IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 116. Saudi Arabia IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 117. Saudi Arabia IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 118. UAE IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 119. UAE IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 120. Rest of MEA IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 121. Rest of MEA IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 122. SAM IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 123. SAM IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 124. SAM IoT Market, By Component, 2022 & 2030 (%)

Figure 125. SAM IoT Market, By Software, 2022 & 2030 (%)

Figure 126. SAM IoT Market, By Enterprise Size, 2022 & 2030 (%)

Figure 127. SAM IoT Market, By Application, 2022 & 2030 (%)

Figure 128. SAM IoT Market, by Country, 2022 & 2030 (%)

Figure 129. Brazil IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 130. Brazil IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 131. Argentina IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 132. Argentina IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 133. Rest of SAM IoT Market - Revenue and Forecast to 2030 (US$ Billion)

Figure 134. Rest of SAM IoT Market - Volume and Forecast to 2030 (Unit Billion)

Figure 135. Impact of COVID-19 Pandemic on North America Country Markets

Figure 136. Impact of COVID-19 Pandemic on Europe Country Markets

Figure 137. Impact of COVID-19 Pandemic on APAC Country Markets

Figure 138. Impact of COVID-19 Pandemic on MEA Country Markets

Figure 139. Impact of COVID-19 Pandemic on SAM Country Markets

The List of Companies - IoT Market

  1. Amazon Web Services Inc
  2. Cisco Systems Inc
  3. Google LLC
  4. Software AG
  5. International Business Machines Corp
  6. Intel Corp
  7. Microsoft Corp
  8. Oracle Corp
  9. Siemens AG
  10. SAP SE

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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