Internet Of Things Iot Market Scope And Analysis

  • Report Code : TIPTE100000128
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 250
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IoT Market Scope and Analysis by 2030

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IoT Market Report IoT Market Size and Share IoT Market Scope and Analysis

IoT Market Report Scope

Report Attribute Details
Market size in 2023 US$ 611.00 Billion
Market Size by 2031 US$ 3967.99 Billion
Global CAGR (2022 - 2030) 30.6%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Component
  • Hardware
  • Software
  • Services
By nterprise Size
  • Large Enterprises and SMEs
By Application
  • Building & Automation
  • Smart Energy & Utilities
  • Smart Manufacturing
  • Connected Logistics
  • Banking & Financial Services
  • Aerospace & Defense
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Microsoft Corporation
  • Hewlett Packard Enterprise Development LP
  • SAS Institute Inc
  • VMware Inc
  • Google LLC
  • Oracle Corporation
  • Cisco Systems Inc
  • SAP SE
  • IBM Corporation
  • Qualcomm Technologies Inc

    • 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