Global Consumer IOT Market 2024-2028

The consumer IOT market is forecasted to grow by USD 127.18 bn during 2023-2028, accelerating at a CAGR of 13.14% during the forecast period. The report on the consumer IOT market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by robust demand for smart wearables, merger and acquisition among vendors, and IOT integration with e-commerce and retail.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	10.97%
CAGR	13.14%
Incremental Value	$127.18bn

Technavio's consumer IOT market is segmented as below:

By Type

Wireless
Wired

By End-user

Home automation
Consumer electronics
Wearable devices
Healthcare

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the rising smart home integration as one of the prime reasons driving the consumer IOT market growth during the next few years. Also, high investment by vendors and frequent product launches of smart devices will lead to sizable demand in the market.

The report on the consumer IOT market covers the following areas:

Consumer IOT market sizing
Consumer IOT market forecast
Consumer IOT market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading consumer IOT market vendors that include Amazon.com Inc., Apple Inc., AT and T Inc., Broadcom Inc., Cisco Systems Inc., Hewlett Packard Enterprise Co., Honeywell International Inc., Intel Corp., International Business Machines Corp., LG Corp., Microsoft Corp., NXP Semiconductors NV, Qorvo Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., Schneider Electric SE, Sony Group Corp., STMicroelectronics International N.V., TE Connectivity Ltd., and Texas Instruments Inc.. Also, the consumer IOT market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77110

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Consumer IOT Market 2024-2028 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global consumer iot market 2024-2028 2018 - 2022 ($ billion)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Wireless - Market size and forecast 2023-2028
Exhibit 34: Chart on Wireless - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Wireless - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Wireless - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Wireless - Year-over-year growth 2023-2028 (%)
6.4 Wired - Market size and forecast 2023-2028
Exhibit 38: Chart on Wired - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Wired - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Wired - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Wired - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ billion)
Exhibit 43: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 46: Chart on Comparison by End-user
Exhibit 47: Data Table on Comparison by End-user
7.3 Home automation - Market size and forecast 2023-2028
Exhibit 48: Chart on Home automation - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Home automation - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Home automation - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Home automation - Year-over-year growth 2023-2028 (%)
7.4 Consumer electronics - Market size and forecast 2023-2028
Exhibit 52: Chart on Consumer electronics - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Consumer electronics - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
7.5 Wearable devices - Market size and forecast 2023-2028
Exhibit 56: Chart on Wearable devices - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Wearable devices - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Wearable devices - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Wearable devices - Year-over-year growth 2023-2028 (%)
7.6 Healthcare - Market size and forecast 2023-2028
Exhibit 60: Chart on Healthcare - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Healthcare - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by End-user
Exhibit 64: Market opportunity by End-user ($ billion)
Exhibit 65: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
Exhibit 107: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Amazon.com Inc.
Exhibit 119: Amazon.com Inc. - Overview
Exhibit 120: Amazon.com Inc. - Business segments
Exhibit 121: Amazon.com Inc. - Key news
Exhibit 122: Amazon.com Inc. - Key offerings
Exhibit 123: Amazon.com Inc. - Segment focus
12.4 Apple Inc.
Exhibit 124: Apple Inc. - Overview
Exhibit 125: Apple Inc. - Business segments
Exhibit 126: Apple Inc. - Key news
Exhibit 127: Apple Inc. - Key offerings
Exhibit 128: Apple Inc. - Segment focus
12.5 AT and T Inc.
Exhibit 129: AT and T Inc. - Overview
Exhibit 130: AT and T Inc. - Business segments
Exhibit 131: AT and T Inc. - Key news
Exhibit 132: AT and T Inc. - Key offerings
Exhibit 133: AT and T Inc. - Segment focus
12.6 Cisco Systems Inc.
Exhibit 134: Cisco Systems Inc. - Overview
Exhibit 135: Cisco Systems Inc. - Business segments
Exhibit 136: Cisco Systems Inc. - Key news
Exhibit 137: Cisco Systems Inc. - Key offerings
Exhibit 138: Cisco Systems Inc. - Segment focus
12.7 Honeywell International Inc.
Exhibit 139: Honeywell International Inc. - Overview
Exhibit 140: Honeywell International Inc. - Business segments
Exhibit 141: Honeywell International Inc. - Key news
Exhibit 142: Honeywell International Inc. - Key offerings
Exhibit 143: Honeywell International Inc. - Segment focus
12.8 Intel Corp.
Exhibit 144: Intel Corp. - Overview
Exhibit 145: Intel Corp. - Business segments
Exhibit 146: Intel Corp. - Key news
Exhibit 147: Intel Corp. - Key offerings
Exhibit 148: Intel Corp. - Segment focus
12.9 International Business Machines Corp.
Exhibit 149: International Business Machines Corp. - Overview
Exhibit 150: International Business Machines Corp. - Business segments
Exhibit 151: International Business Machines Corp. - Key news
Exhibit 152: International Business Machines Corp. - Key offerings
Exhibit 153: International Business Machines Corp. - Segment focus
12.10 LG Corp.
Exhibit 154: LG Corp. - Overview
Exhibit 155: LG Corp. - Business segments
Exhibit 156: LG Corp. - Key offerings
Exhibit 157: LG Corp. - Segment focus
12.11 Microsoft Corp.
Exhibit 158: Microsoft Corp. - Overview
Exhibit 159: Microsoft Corp. - Business segments
Exhibit 160: Microsoft Corp. - Key news
Exhibit 161: Microsoft Corp. - Key offerings
Exhibit 162: Microsoft Corp. - Segment focus
12.12 Samsung Electronics Co. Ltd.
Exhibit 163: Samsung Electronics Co. Ltd. - Overview
Exhibit 164: Samsung Electronics Co. Ltd. - Business segments
Exhibit 165: Samsung Electronics Co. Ltd. - Key news
Exhibit 166: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 167: Samsung Electronics Co. Ltd. - Segment focus
12.13 Schneider Electric SE
Exhibit 168: Schneider Electric SE - Overview
Exhibit 169: Schneider Electric SE - Business segments
Exhibit 170: Schneider Electric SE - Key news
Exhibit 171: Schneider Electric SE - Key offerings
Exhibit 172: Schneider Electric SE - Segment focus
12.14 Sony Group Corp.
Exhibit 173: Sony Group Corp. - Overview
Exhibit 174: Sony Group Corp. - Business segments
Exhibit 175: Sony Group Corp. - Key news
Exhibit 176: Sony Group Corp. - Key offerings
Exhibit 177: Sony Group Corp. - Segment focus
12.15 STMicroelectronics International N.V.
Exhibit 178: STMicroelectronics International N.V. - Overview
Exhibit 179: STMicroelectronics International N.V. - Business segments
Exhibit 180: STMicroelectronics International N.V. - Key news
Exhibit 181: STMicroelectronics International N.V. - Key offerings
Exhibit 182: STMicroelectronics International N.V. - Segment focus
12.16 TE Connectivity Ltd.
Exhibit 183: TE Connectivity Ltd. - Overview
Exhibit 184: TE Connectivity Ltd. - Business segments
Exhibit 185: TE Connectivity Ltd. - Key offerings
Exhibit 186: TE Connectivity Ltd. - Segment focus
12.17 Texas Instruments Inc.
Exhibit 187: Texas Instruments Inc. - Overview
Exhibit 188: Texas Instruments Inc. - Business segments
Exhibit 189: Texas Instruments Inc. - Key news
Exhibit 190: Texas Instruments Inc. - Key offerings
Exhibit 191: Texas Instruments Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 192: Inclusions checklist
Exhibit 193: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 194: Currency conversion rates for US$
13.4 Research methodology
Exhibit 195: Research methodology
Exhibit 196: Validation techniques employed for market sizing
Exhibit 197: Information sources
13.5 List of abbreviations
Exhibit 198: List of abbreviations