• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • English
    Chinese
    French
    Hindi

    Internet of Things Market

    ID: 670
    412 Pages
    Research Team
    05/2024

    Internet of Things (IoT) Market Research Report By Application (Smart Home, Industrial Automation, Healthcare, Transportation, Wearables), By Component (Hardware, Software, Services), By End Use (Consumer Electronics, Manufacturing, Retail, Healthcare, Transportation), By Network Technology (Wireless, Wired) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Af...

    Share:
    ReportInfographic
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    Market Summary

    Internet of Things (IoT) Market Overview

    As per MRFR analysis, the Internet of Things (IoT) Market Size was estimated at 330.97 (USD Billion) in 2023. The Internet of Things (IoT) Market Industry is expected to grow from 375.39 (USD Billion) in 2024 to 1,500 (USD Billion) by 2035. The Internet of Things (IoT) Market CAGR (growth rate) is expected to be around 13.42% during the forecast period (2025 – 2035).

    Key Internet of Things (IoT) Market Trends Highlighted

    Several important market factors are propelling notable expansion of the Internet of Things (IoT) Market. Market growth is driven by the growing use of connected devices in several sectors, including manufacturing, healthcare, and smart cities. The need for real-time data analytics and operational efficiency improvement is also driving the expansion. Government projects in areas such as Europe and Asia anticipated to support the growth of smart infrastructure and improve 5G connectivity are also significantly crucial in driving IoT adoption. Improved connection is driving developments in data management and automation.

    Among the possibilities to be investigated in the Internet of Things (IoT) Market are developments in edge computing and artificial intelligence. Companies want to use these technologies to increase data processing and strengthen decision-making power. Organizations aiming to use the full power of IoT will make significant investments in fields like agricultural and environmental monitoring. Increased focus on sustainability and lowering carbon footprints creates a rich environment for IoT applications as well, especially in resource efficiency and energy management. The movement toward interoperability and standardization in IoT systems has become increasingly noticeable lately.

    Businesses are concentrating on building simple solutions that can smoothly combine different devices and technologies. This will not only improve user experiences but will also inspire more widespread adoption among companies that have been reluctant because of compatibility worries. Businesses and governments will have to negotiate these developments as the Internet of Things (IoT) Market develops in order to make the most of the possibilities of linked technology.

    Internet of Things (IoT) Market Overview 2025-2035

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Internet of Things (IoT) Market Drivers

    Increased Adoption of Smart Devices

    A key driver for the Internet of Things (IoT) Market Industry is the growing use of smart devices worldwide. Global technology trends indicate that as of 2022, more than 30 billion smart devices are projected to be linked, representing over a 70% rise from the prior decade. Leading in the creation and integration of smart gadgets into daily life, major corporations like Apple and Samsung are considerably improving customer involvement.

    Government projects in some nations emphasizing digital transformation and innovative city implementations help to promote this movement even further. With two-thirds of the world's population projected to live in urban areas by 2050, the need for innovative solutions to control rising urbanization has become more urgent, according to the United Nations. As smart devices become essential for adequately maintaining innovative city ecosystems, this urbanization trend supports possible market expansion.

    Policy Frameworks and Government Initiatives

    Changes in government policy emphasizing the digital economy are significantly propelling the Internet of Things (IoT) Market Industry. For example, by 2025, the European Union's Digital Single Market plan seeks to boost the digital economy by investing in creative technologies, hence supporting projected economic growth of almost 415 billion Euros yearly. These projects not only promote IoT technology investments but also provide uniform rules for IoT deployments, thus boosting general market confidence and involvement.

    As witnessed in countries like Japan and Germany, countries all over are also creating specific IoT policies to promote growth and infrastructure.

    Growth of Big Data and Advanced Analytics

    The Internet of Things (IoT) Market Industry is being significantly shaped by the growth of big data and enhanced analytics capabilities. Driven by the abundance of data produced by connected devices, current estimates indicate that the worldwide big data industry will reach over 274 billion USD by 2022. Major IT companies like IBM and Microsoft are using this data to enhance IoT services and consumer experiences. Data analysis helps companies to provide actionable insights, thereby improving operational efficiency and promoting innovation in industries like manufacturing, healthcare, and agriculture.

    The IoT industry will be significantly supported in the next years by the growing data creation rate from connected devices and the emphasis on efficient data analytics.

    Rising Demand for Automation across Industries

    The Internet of Things (IoT) Market is driven strongly by the rising need for automation in many sectors. Industry statistics show that by 2025, almost 70% of companies worldwide will include automation solutions in their fundamental digital strategy. Major businesses like Siemens and General Electric are leading the way in implementing IoT-enabled automation solutions to improve production and operational efficiency.

    Furthermore, studies by industry groups indicate that by 2030, automation may raise world GDP by as much as 14%, thereby hastening IoT technology adoption and investment in manufacturing, logistics, and energy sectors.

    Internet of Things (IoT) Market Segment Insights

    Internet of Things (IoT) Market Application Insights

    The Internet of Things (IoT) Market, particularly within the Application segment, has shown remarkable growth and diversification, with various industries harnessing its potential to enhance efficiency, safety, and convenience. In 2024, the overall market is projected to reach a valuation of 375.39 USD Billion, with the Application segment being a significant contributor to this growth. This segment encompasses critical applications such as Smart Home, Industrial Automation, Healthcare, Transportation, and Wearables, each demonstrating unique characteristics and importance in the global landscape.

    The Smart Home application, valued at 120.0 USD Billion in 2024, has garnered significant attention as consumers increasingly prefer convenient, connected living environments that enhance energy efficiency and security. Its projected growth to 312.481 USD Billion by 2035 underscores its major role in transforming residential spaces into smart ecosystems, a trend driven by consumer demand for automation and home management solutions. In parallel, Industrial Automation, valued at 90.0 USD Billion in 2024, is essential for improving operational efficiency, reducing costs, and enhancing safety across manufacturing and production processes. The forecasted growth to 249.985 USD Billion by 2035 reflects the integration of IoT technologies in industries seeking to optimize resources and leverage data for strategic decision-making.

    Healthcare is another critical application area, represented by a market valuation of 70.0 USD Billion in 2024, expected to grow to 187.489 USD Billion by 2035. This segment emphasizes the necessity for innovative healthcare solutions, including remote monitoring and telemedicine, which have become vital, especially in light of global health challenges. The advancements in wearables, valued at 40.39 USD Billion in 2024 and rising significantly to 624.963 USD Billion by 2035, also demonstrate the shifting consumer focus towards health and fitness management, enhancing personal well-being through technologies that track vital health metrics.

    Transportation, currently valued at 55.0 USD Billion in 2024 and projected to reach 124.993 USD Billion by 2035, showcases significant developments in smart logistics and fleet management, which optimize delivery routes and improve safety through real-time tracking. The application of IoT technology in logistics not only contributes to efficiency but also promotes sustainability, aligning with global efforts to reduce carbon footprints.

    The diverse applications within the Internet of Things (IoT) Market represent key areas of innovation and investment, where smart technologies are increasingly integrated into everyday processes and systems. The growth across these segments reflects broader market trends, fueled by advancements in connectivity, data analytics, and consumer preferences for integrated solutions. As the landscape evolves, these applications will continue to shape industries worldwide, driving substantial changes in how we interact with technology and our environments. Overall, the Application segment remains a vital part of the Internet of Things (IoT) Market growth trajectory, presenting numerous opportunities for advancements that enhance quality of life and business productivity.

    Internet of Things (IoT) Market Type Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Internet of Things (IoT) Market Component Insights

    The Internet of Things (IoT) Market, focusing on the Component segment, is expected to witness substantial growth, valued at 375.39 USD Billion in 2024, moving towards 1500.0 USD Billion by 2035. This market is driven by the increasing demand for smart devices and the proliferation of advanced technologies across various industries. Within the Component segment, Hardware plays a critical role as it forms the backbone of IoT ecosystems, enabling connectivity and communication. Software is essential for managing IoT devices and analytics, providing intelligence for data-driven decision-making, while Services such as cloud computing and maintenance support enhance operational efficiency.

    The growing trend towards automation and digitization in sectors like healthcare, manufacturing, and smart homes is further reinforcing the importance of this segment. As industries adapt to supply chain challenges and aim for improved efficiency, the Internet of Things (IoT) Market is poised to leverage these opportunities, supported by favorable government initiatives and increasing investments in infrastructure. The overall Internet of Things (IoT) Market statistics reflect a robust potential for growth, with an impressive compound annual growth rate driven by the demand for integrated solutions.

    Internet of Things (IoT) Market End Use Insights

    The Internet of Things (IoT) Market is poised for significant growth, with the market expected to reach a valuation of 375.39 USD Billion in 2024 and 1500.0 USD Billion by 2035. This expansive growth trajectory presents a strong influence from various end-use segments, including Consumer Electronics, Manufacturing, Retail, Healthcare, and Transportation. Each of these segments plays a pivotal role in the overall market dynamics. For instance, Consumer Electronics showcases the increasing demand for smart devices enhancing user engagement, while Manufacturing leverages IoT for automation, improving operational efficiencies.

    Meanwhile, the Retail sector benefits from IoT through enhanced customer experiences and inventory management. Healthcare applications utilize IoT for patient monitoring and telemedicine solutions, which are gaining traction globally. Transportation, on the other hand, emphasizes the importance of connectivity in logistics and fleet management, improving safety and efficiency. The compound interest in these end-use applications reflects the ongoing market trends, which highlight the need for advanced connected systems, driving the Internet of Things (IoT) Market revenue and data collection capabilities.This robust growth also presents challenges, such as data security and integration, that stakeholders must navigate to fully capitalize on the opportunities the IoT ecosystem offers.

    Internet of Things (IoT) Market Network Technology Insights

    The Internet of Things (IoT) Market is experiencing substantial growth, particularly within the Network Technology segment, which is vital for seamless connectivity among various IoT devices. In 2024, the overall market is expected to be valued at 375.39 billion USD, reflecting the increasing demand for integrated network solutions that support a wide array of applications from smart homes to industrial automation. This segment comprises both Wireless and Wired technologies, each playing a crucial role in enabling reliable communication. Wireless technologies, with their flexibility and ease of deployment, are becoming increasingly significant, especially as the trend towards mobility and edge computing grows.

    Conversely, Wired technologies are recognized for their superior security and performance, making them essential for critical applications in sectors such as healthcare and manufacturing. The market's growth is also being driven by innovations in 5G technology, enhancing data transmission rates and connectivity stability, while challenges include the need for standardized protocols and security vulnerabilities. Opportunities abound as industries increasingly adopt IoT solutions to streamline operations, reduce costs, and enhance user experiences, causing substantial shifts in the Internet of Things (IoT) Market revenue landscape.

    Internet of Things (IoT) Market Regional Insights

    The Regional segment of the Internet of Things (IoT) Market showcases substantial growth potential, with North America leading significantly, valued at 150.0 USD Billion in 2024 and expected to reach 600.0 USD Billion by 2035. This region's dominance is attributed to its advanced technological infrastructure and high adoption rates across industries. Europe follows with a valuation of 100.0 USD Billion in 2024, growing to 400.0 USD Billion by 2035, driven by strong governmental support for digital transformation. The Asia-Pacific region (APAC) holds an impressive position with a market value of 80.0 USD Billion in 2024 and projected growth to 350.0 USD Billion by 2035, fueled by a rapidly expanding consumer base and increasing investments in smart cities.

    South America, while smaller, shows viability with a value of 20.0 USD Billion in 2024 and a rise to 80.0 USD Billion by 2035, as developing economies embrace IoT technologies. Lastly, the Middle East and Africa (MEA) region begins at a valuation of 25.39 USD Billion in 2024 and is expected to reach 70.0 USD Billion by 2035, as sectors like energy and transportation begin to integrate IoT solutions significantly. These statistics exemplify the dynamic landscape of the Internet of Things (IoT) Market segmentation, influenced by factors such as technology advancement, governmental initiatives, and rising demand for connectivity across all regions.

    Internet of Things (IoT) Market Regional Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Internet of Things (IoT) Market Key Players and Competitive Insights

    The Internet of Things (IoT) Market has rapidly evolved over recent years, characterized by the interconnectedness of devices and the seamless flow of data between them. This market has gained significant traction across diverse sectors such as healthcare, manufacturing, transportation, and smart home technologies. Competition within the IoT landscape is driven by various factors, including technological advancements, customer demands, regulatory environment, and strategic partnerships. Numerous players are now vying for market share, leveraging their unique strengths to innovate and differentiate their offerings. The competitive dynamics are marked by an emerging trend toward standardization of communication protocols and interoperability among devices, which is essential for realizing the full potential of IoT solutions. Understanding these competitive insights is crucial for stakeholders aiming to navigate and succeed in this increasingly complex and dynamic marketplace.

    Amazon has established a notable presence in the Internet of Things (IoT) Market, primarily through its robust cloud computing services and engagement in smart home technology. The company’s infrastructure, leveraging Amazon Web Services (AWS), provides a scalable and efficient platform for IoT applications across various industries. Amazon's strengths lie in its deep understanding of customer needs and its ability to rapidly develop and deploy innovative solutions that enhance device connectivity and data management. The integration of voice recognition technology through various devices showcases Amazon's commitment to creating a comprehensive IoT ecosystem that simplifies user experiences. Moreover, Amazon has a significant reach and brand recognition, which aids in its expansion and adoption of IoT solutions among consumers and businesses alike, solidifying its role as a key player in the global market.

    IBM, on the other hand, brings extensive expertise in data analytics and artificial intelligence to the Internet of Things (IoT) Market. With its suite of IoT and cloud services, IBM focuses on delivering advanced solutions that fuel digital transformation across industries. Key offerings like IBM Watson IoT provide organizations with the necessary tools for device management, data governance, and predictive analytics. IBM's strengths also stem from strong partnerships and collaborations that amplify its technological capabilities and market reach. The company has engaged in strategic mergers and acquisitions to enhance its IoT portfolio and expand its global footprint, positioning itself as a leader in the digital landscape. By continuously evolving its solutions and fostering innovation, IBM contributes to the ongoing development of intelligent systems that drive efficiency and unlock new business models in the evolving IoT marketplace.

    Key Companies in the Internet of Things (IoT) Market Include

      • Amazon

      • IBM

      • GE

      • SAP

      • Adobe

      • Google

      • Huawei

      • Intel

      • Microsoft

      • Samsung

      • Arm

      • Qualcomm

      • Cisco

      • Siemens

      • Oracle

    Internet of Things (IoT) Market Industry Developments

    The Internet of Things (IoT) Market has recently seen significant developments, particularly as major companies continue to innovate and expand their offerings. Amazon has made strides in enhancing its smart home ecosystem, while IBM is focusing on AI integration within IoT platforms to optimize business operations. GE is advancing its digital industrial revolution, emphasizing predictive maintenance through its IoT solutions. In October 2023, SAP announced strategic advancements to enhance real-time analytics capabilities for IoT applications, fostering better decision-making processes. Moreover, Google is enhancing its cloud infrastructure to support IoT applications, strengthening its competitive edge.

    In terms of mergers and acquisitions, in September 2023, Qualcomm acquired a leading IoT startup to bolster its Wireless connectivity solutions, enhancing its presence in smart device markets. Market growth is fueled by increasing demand for connected devices and automation across industries, with companies like Microsoft, Cisco, and Siemens investing heavily in IoT security and infrastructure. Recent evaluations indicate that the Global IoT Market is expected to grow at a compound annual growth rate of more than 20% through 2025, reflecting the impact of technological advancements and increasing connectivity.

    Internet of Things (IoT) Market Segmentation Insights

      • Internet of Things (IoT) Market Application Outlook

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • Internet of Things (IoT) Market Component Outlook

        • Hardware

        • Software

        • Services

      • Internet of Things (IoT) Market End Use Outlook

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • Internet of Things (IoT) Market Network Technology Outlook

        • Wireless

        • Wired

      • Internet of Things (IoT) Market Regional Outlook

        • North America

        • Europe

        • South America

        • Asia Pacific

        • Middle East and Africa

    Market Size & Forecast

    Internet of Things (IoT) Market Report Scope

    Report Attribute/Metric

    Details

    Market Size 2023

    330.97 (USD Billion)

    Market Size 2024

    375.39 (USD Billion)

    Market Size 2035

    1500.0 (USD Billion)

    Compound Annual Growth Rate (CAGR)

    13.42% (2025 - 2035)

    Report Coverage

    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

    Base Year

    2024

    Market Forecast Period

    2025 - 2035

    Historical Data

    2019 - 2024

    Market Forecast Units

    USD Billion

    Key Companies Profiled

    Amazon, IBM, GE, SAP, Adobe, Google, Huawei, Intel, Microsoft, Samsung, Arm, Qualcomm, Cisco, Siemens, Oracle

    Segments Covered

    Application, Component, End Use, Network Technology, Regional

    Key Market Opportunities

    Smart home automation solutions, Industrial IoT applications, Healthcare remote monitoring services, Smart city infrastructure development, Automotive connected solutions

    Key Market Dynamics

    Connectivity advancements, Increased automation, Rising security concerns, Enhanced data analytics, Growing consumer demand

    Countries Covered

    North America, Europe, APAC, South America, MEA

    Major Players

    Internet of Things (IoT) Market Segmentation

     

    • Internet of Things (IoT) Market By Application (USD Billion, 2019-2035)

      • Smart Home

      • Industrial Automation

      • Healthcare

      • Transportation

      • Wearables

     

    • Internet of Things (IoT) Market By Component (USD Billion, 2019-2035)

      • Hardware

      • Software

      • Services

     

    • Internet of Things (IoT) Market By End Use (USD Billion, 2019-2035)

      • Consumer Electronics

      • Manufacturing

      • Retail

      • Healthcare

      • Transportation

     

    • Internet of Things (IoT) Market By Network Technology (USD Billion, 2019-2035)

      • Wireless

      • Wired

     

    • Internet of Things (IoT) Market By Regional (USD Billion, 2019-2035)

      • North America

      • Europe

      • South America

      • Asia Pacific

      • Middle East and Africa

     

    Internet of Things (IoT) Market Regional Outlook (USD Billion, 2019-2035)

     

     

    • North America Outlook (USD Billion, 2019-2035)

      • North America Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • North America Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • North America Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • North America Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • North America Internet of Things (IoT) Market by Regional Type

        • US

        • Canada

      • US Outlook (USD Billion, 2019-2035)

      • US Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • US Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • US Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • US Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • CANADA Outlook (USD Billion, 2019-2035)

      • CANADA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • CANADA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • CANADA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • CANADA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

    • Europe Outlook (USD Billion, 2019-2035)

      • Europe Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • Europe Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • Europe Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • Europe Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • Europe Internet of Things (IoT) Market by Regional Type

        • Germany

        • UK

        • France

        • Russia

        • Italy

        • Spain

        • Rest of Europe

      • GERMANY Outlook (USD Billion, 2019-2035)

      • GERMANY Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • GERMANY Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • GERMANY Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • GERMANY Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • UK Outlook (USD Billion, 2019-2035)

      • UK Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • UK Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • UK Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • UK Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • FRANCE Outlook (USD Billion, 2019-2035)

      • FRANCE Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • FRANCE Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • FRANCE Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • FRANCE Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • RUSSIA Outlook (USD Billion, 2019-2035)

      • RUSSIA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • RUSSIA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • RUSSIA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • RUSSIA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • ITALY Outlook (USD Billion, 2019-2035)

      • ITALY Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • ITALY Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • ITALY Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • ITALY Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • SPAIN Outlook (USD Billion, 2019-2035)

      • SPAIN Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • SPAIN Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • SPAIN Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • SPAIN Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • REST OF EUROPE Outlook (USD Billion, 2019-2035)

      • REST OF EUROPE Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • REST OF EUROPE Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • REST OF EUROPE Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • REST OF EUROPE Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

    • APAC Outlook (USD Billion, 2019-2035)

      • APAC Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • APAC Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • APAC Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • APAC Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • APAC Internet of Things (IoT) Market by Regional Type

        • China

        • India

        • Japan

        • South Korea

        • Malaysia

        • Thailand

        • Indonesia

        • Rest of APAC

      • CHINA Outlook (USD Billion, 2019-2035)

      • CHINA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • CHINA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • CHINA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • CHINA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • INDIA Outlook (USD Billion, 2019-2035)

      • INDIA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • INDIA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • INDIA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • INDIA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • JAPAN Outlook (USD Billion, 2019-2035)

      • JAPAN Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • JAPAN Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • JAPAN Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • JAPAN Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • SOUTH KOREA Outlook (USD Billion, 2019-2035)

      • SOUTH KOREA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • SOUTH KOREA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • SOUTH KOREA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • SOUTH KOREA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • MALAYSIA Outlook (USD Billion, 2019-2035)

      • MALAYSIA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • MALAYSIA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • MALAYSIA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • MALAYSIA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • THAILAND Outlook (USD Billion, 2019-2035)

      • THAILAND Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • THAILAND Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • THAILAND Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • THAILAND Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • INDONESIA Outlook (USD Billion, 2019-2035)

      • INDONESIA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • INDONESIA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • INDONESIA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • INDONESIA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • REST OF APAC Outlook (USD Billion, 2019-2035)

      • REST OF APAC Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • REST OF APAC Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • REST OF APAC Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • REST OF APAC Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

    • South America Outlook (USD Billion, 2019-2035)

      • South America Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • South America Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • South America Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • South America Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • South America Internet of Things (IoT) Market by Regional Type

        • Brazil

        • Mexico

        • Argentina

        • Rest of South America

      • BRAZIL Outlook (USD Billion, 2019-2035)

      • BRAZIL Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • BRAZIL Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • BRAZIL Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • BRAZIL Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • MEXICO Outlook (USD Billion, 2019-2035)

      • MEXICO Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • MEXICO Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • MEXICO Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • MEXICO Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • ARGENTINA Outlook (USD Billion, 2019-2035)

      • ARGENTINA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • ARGENTINA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • ARGENTINA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • ARGENTINA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2035)

      • REST OF SOUTH AMERICA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • REST OF SOUTH AMERICA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • REST OF SOUTH AMERICA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • REST OF SOUTH AMERICA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

    • MEA Outlook (USD Billion, 2019-2035)

      • MEA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • MEA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • MEA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • MEA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • MEA Internet of Things (IoT) Market by Regional Type

        • GCC Countries

        • South Africa

        • Rest of MEA

      • GCC COUNTRIES Outlook (USD Billion, 2019-2035)

      • GCC COUNTRIES Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • GCC COUNTRIES Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • GCC COUNTRIES Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • GCC COUNTRIES Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • SOUTH AFRICA Outlook (USD Billion, 2019-2035)

      • SOUTH AFRICA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • SOUTH AFRICA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • SOUTH AFRICA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • SOUTH AFRICA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

      • REST OF MEA Outlook (USD Billion, 2019-2035)

      • REST OF MEA Internet of Things (IoT) Market by Application Type

        • Smart Home

        • Industrial Automation

        • Healthcare

        • Transportation

        • Wearables

      • REST OF MEA Internet of Things (IoT) Market by Component Type

        • Hardware

        • Software

        • Services

      • REST OF MEA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics

        • Manufacturing

        • Retail

        • Healthcare

        • Transportation

      • REST OF MEA Internet of Things (IoT) Market by Network Technology Type

        • Wireless

        • Wired

    Market Trends

    Internet of Things (IoT) Market Overview

    As per MRFR analysis, the Internet of Things (IoT) Market Size was estimated at 330.97 (USD Billion) in 2023. The Internet of Things (IoT) Market Industry is expected to grow from 375.39 (USD Billion) in 2024 to 1,500 (USD Billion) by 2035. The Internet of Things (IoT) Market CAGR (growth rate) is expected to be around 13.42% during the forecast period (2025 – 2035).

    Key Internet of Things (IoT) Market Trends Highlighted

    Several important market factors are propelling notable expansion of the Internet of Things (IoT) Market. Market growth is driven by the growing use of connected devices in several sectors, including manufacturing, healthcare, and smart cities. The need for real-time data analytics and operational efficiency improvement is also driving the expansion. Government projects in areas such as Europe and Asia anticipated to support the growth of smart infrastructure and improve 5G connectivity are also significantly crucial in driving IoT adoption. Improved connection is driving developments in data management and automation.

    Among the possibilities to be investigated in the Internet of Things (IoT) Market are developments in edge computing and artificial intelligence. Companies want to use these technologies to increase data processing and strengthen decision-making power. Organizations aiming to use the full power of IoT will make significant invest...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Internet of Things Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Internet of Things (IoT) Market Report Scope

    Report Attribute/Metric

    Details

    Market Size 2023

    330.97 (USD Billion)

    Market Size 2024

    375.39 (USD Billion)

    Market Size 2035

    1500.0 (USD Billion)

    Compound Annual Growth Rate (CAGR)

    13.42% (2025 - 2035)

    Report Coverage

    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

    Base Year

    2024

    Market Forecast Period

    2025 - 2035

    Historical Data

    2019 - 2024

    Market Forecast Units

    USD Billion

    Key Companies Profiled

    Amazon, IBM, GE, SAP, Adobe, Google, Huawei, Intel, Microsoft, Samsung, Arm, Qualcomm, Cisco, Siemens, Oracle

    Segments Covered

    Application, Component, End Use, Network Technology, Regional

    Key Market Opportunities

    Smart home automation solutions, Industrial IoT applications, Healthcare remote monitoring services, Smart city infrastructure development, Automotive connected solutions

    Key Market Dynamics

    Connectivity advancements, Increased automation, Rising security concerns, Enhanced data analytics, Growing consumer demand

    Countries Covered

    North America, Europe, APAC, South America, MEA

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

    Leave a Comment

    Latest Comments

    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
    Jane Smith
    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM

    FAQs

    What is IoT?

    Internet of things of things or IoT is the technology in which connected devices allows sharing of information. These devices have sensors, installed software, and network connectivity that enables storing and sharing of data.

    What is the IoT market overview?

    The global market of IoT is expected to strike about 19.7% CAGR in the forecast period (2016 to 2022). It is due to the potential of the technology to enhance productivity, it is being widely adopted across different verticals, likely to cause escalation of market valuation to nearly USD 2488 billion by 2022.

    Who are renowned IoT solution providers?

    MRFR listed AT & T Inc. (U.S), Amazon Web Services (U.S), Google Inc. (U.S), Cisco System Inc. (U.S), Oracle Corporation (U.S), Microsoft Corporation (U.S), and Dell Inc. (U.S) as some of the renowned IoT solution providers.

    Which is the largest end-user of IoT solutions?

    IT and telecom, automobile, and healthcare are major end-users of IoT solutions. Advantages offered by IoT, such as automation, improved communication, and advanced monitoring, are likely to support its growing demand across cash-rich sectors.

    What are IoT market segments based on software?

    Data management, network management, remote monitoring, and security solutions are software-based segments of the IoT market. The growing need to manage voluminous data is causing the data management segment to generate substantial revenue for the market.

    Internet of Things (IoT) Market Segmentation

     

    • Internet of Things (IoT) Market By Application (USD Billion, 2019-2035)

      • Smart Home
      • Industrial Automation
      • Healthcare
      • Transportation
      • Wearables

     

    • Internet of Things (IoT) Market By Component (USD Billion, 2019-2035)

      • Hardware
      • Software
      • Services

     

    • Internet of Things (IoT) Market By End Use (USD Billion, 2019-2035)

      • Consumer Electronics
      • Manufacturing
      • Retail
      • Healthcare
      • Transportation

     

    • Internet of Things (IoT) Market By Network Technology (USD Billion, 2019-2035)

      • Wireless
      • Wired

     

    • Internet of Things (IoT) Market By Regional (USD Billion, 2019-2035)

      • North America
      • Europe
      • South America
      • Asia Pacific
      • Middle East and Africa

     

    Internet of Things (IoT) Market Regional Outlook (USD Billion, 2019-2035)

     

     

    • North America Outlook (USD Billion, 2019-2035)

      • North America Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • North America Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • North America Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • North America Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • North America Internet of Things (IoT) Market by Regional Type

        • US
        • Canada
      • US Outlook (USD Billion, 2019-2035)
      • US Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • US Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • US Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • US Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • CANADA Outlook (USD Billion, 2019-2035)
      • CANADA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • CANADA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • CANADA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • CANADA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
    • Europe Outlook (USD Billion, 2019-2035)

      • Europe Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • Europe Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • Europe Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • Europe Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • Europe Internet of Things (IoT) Market by Regional Type

        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Spain
        • Rest of Europe
      • GERMANY Outlook (USD Billion, 2019-2035)
      • GERMANY Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • GERMANY Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • GERMANY Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • GERMANY Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • UK Outlook (USD Billion, 2019-2035)
      • UK Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • UK Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • UK Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • UK Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • FRANCE Outlook (USD Billion, 2019-2035)
      • FRANCE Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • FRANCE Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • FRANCE Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • FRANCE Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • RUSSIA Outlook (USD Billion, 2019-2035)
      • RUSSIA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • RUSSIA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • RUSSIA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • RUSSIA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • ITALY Outlook (USD Billion, 2019-2035)
      • ITALY Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • ITALY Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • ITALY Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • ITALY Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • SPAIN Outlook (USD Billion, 2019-2035)
      • SPAIN Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • SPAIN Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • SPAIN Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • SPAIN Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • REST OF EUROPE Outlook (USD Billion, 2019-2035)
      • REST OF EUROPE Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • REST OF EUROPE Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • REST OF EUROPE Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • REST OF EUROPE Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
    • APAC Outlook (USD Billion, 2019-2035)

      • APAC Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • APAC Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • APAC Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • APAC Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • APAC Internet of Things (IoT) Market by Regional Type

        • China
        • India
        • Japan
        • South Korea
        • Malaysia
        • Thailand
        • Indonesia
        • Rest of APAC
      • CHINA Outlook (USD Billion, 2019-2035)
      • CHINA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • CHINA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • CHINA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • CHINA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • INDIA Outlook (USD Billion, 2019-2035)
      • INDIA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • INDIA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • INDIA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • INDIA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • JAPAN Outlook (USD Billion, 2019-2035)
      • JAPAN Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • JAPAN Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • JAPAN Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • JAPAN Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • SOUTH KOREA Outlook (USD Billion, 2019-2035)
      • SOUTH KOREA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • SOUTH KOREA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • SOUTH KOREA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • SOUTH KOREA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • MALAYSIA Outlook (USD Billion, 2019-2035)
      • MALAYSIA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • MALAYSIA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • MALAYSIA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • MALAYSIA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • THAILAND Outlook (USD Billion, 2019-2035)
      • THAILAND Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • THAILAND Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • THAILAND Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • THAILAND Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • INDONESIA Outlook (USD Billion, 2019-2035)
      • INDONESIA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • INDONESIA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • INDONESIA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • INDONESIA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • REST OF APAC Outlook (USD Billion, 2019-2035)
      • REST OF APAC Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • REST OF APAC Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • REST OF APAC Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • REST OF APAC Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
    • South America Outlook (USD Billion, 2019-2035)

      • South America Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • South America Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • South America Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • South America Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • South America Internet of Things (IoT) Market by Regional Type

        • Brazil
        • Mexico
        • Argentina
        • Rest of South America
      • BRAZIL Outlook (USD Billion, 2019-2035)
      • BRAZIL Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • BRAZIL Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • BRAZIL Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • BRAZIL Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • MEXICO Outlook (USD Billion, 2019-2035)
      • MEXICO Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • MEXICO Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • MEXICO Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • MEXICO Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • ARGENTINA Outlook (USD Billion, 2019-2035)
      • ARGENTINA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • ARGENTINA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • ARGENTINA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • ARGENTINA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2035)
      • REST OF SOUTH AMERICA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • REST OF SOUTH AMERICA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • REST OF SOUTH AMERICA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • REST OF SOUTH AMERICA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
    • MEA Outlook (USD Billion, 2019-2035)

      • MEA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • MEA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • MEA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • MEA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • MEA Internet of Things (IoT) Market by Regional Type

        • GCC Countries
        • South Africa
        • Rest of MEA
      • GCC COUNTRIES Outlook (USD Billion, 2019-2035)
      • GCC COUNTRIES Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • GCC COUNTRIES Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • GCC COUNTRIES Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • GCC COUNTRIES Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • SOUTH AFRICA Outlook (USD Billion, 2019-2035)
      • SOUTH AFRICA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • SOUTH AFRICA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • SOUTH AFRICA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • SOUTH AFRICA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
      • REST OF MEA Outlook (USD Billion, 2019-2035)
      • REST OF MEA Internet of Things (IoT) Market by Application Type

        • Smart Home
        • Industrial Automation
        • Healthcare
        • Transportation
        • Wearables
      • REST OF MEA Internet of Things (IoT) Market by Component Type

        • Hardware
        • Software
        • Services
      • REST OF MEA Internet of Things (IoT) Market by End Use Type

        • Consumer Electronics
        • Manufacturing
        • Retail
        • Healthcare
        • Transportation
      • REST OF MEA Internet of Things (IoT) Market by Network Technology Type

        • Wireless
        • Wired
    Infographic

    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Jongwon Byun

    Director, Research Operations
    Case Study

    Smartphone Motherboard Parts Manufacturing Research