Global IoT Technology Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for IoT Technology Market is presumed to reach the market size of nearly USD 1935.24 Million by 2032 from USD 927.14 Million in 2023 with a CAGR of 8.52% under the study period 2024-2032.

IoT (Internet of Things) technology links everyday objects to the Internet, enabling them to transmit & receive data. This network of physical devices, vehicles, appliances, and other items is embedded with sensors, software, and other technologies to communicate and interact with other systems over the Internet. IoT technology allows for real-time monitoring, automation, and control of these devices, enhancing efficiency, reducing human intervention, and enabling smarter decision-making across various sectors such as healthcare, agriculture, manufacturing, and urban infrastructure.

MARKET DYNAMICS

The rising demand for real-time data analytics & insights propels the IoT Technology market. Businesses leverage IoT to enhance operational efficiency, reduce costs, and create new revenue streams. The proliferation of smart devices, from home automation systems to industrial IoT applications, is expanding the market growth. Furthermore, advancements in wireless communication technologies, such as 5G, provide the necessary infrastructure for more robust and widespread IoT deployments. Government initiatives and policies promoting smart city projects and digital transformation further accelerate market growth. The increasing focus on remote monitoring and management, especially highlighted by the COVID-19 pandemic, has underscored the importance of IoT in maintaining business continuity and resilience. Security advancements in IoT technology, aimed at addressing concerns over data privacy and cyber threats, encourage more organizations to invest in IoT solutions. However, data privacy and cybersecurity concerns may challenge IoT technology market growth in the coming years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of IoT Technology. The growth and trends of IoT Technology industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the IoT Technology market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Component

Hardware
Software
Services

By Connectivity

Cellular
Wi-Fi
Bluetooth
Others

By Deployment

On-Premises
Cloud

By Application

Smart Home
Industrial IoT
Connected Health
Smart Cities
Automotive
Consumer Electronics
Retail
Others

By Industry Vertical

Manufacturing
Healthcare
Transportation And Logistics
Energy And Utilities
Agriculture
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the IoT Technology market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the IoT Technology market include Cisco Systems Inc., IBM Corporation, Microsoft Corporation, Intel Corporation, Google LLC, Amazon Web Services Inc. (AWS), Siemens AG. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112115047

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. IOT TECHNOLOGY - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Connectivity
- 3.7.3 Market Attractiveness Analysis By Deployment
- 3.7.4 Market Attractiveness Analysis By Application
- 3.7.5 Market Attractiveness Analysis By Industry Vertical
- 3.7.6 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL IOT TECHNOLOGY MARKET ANALYSIS BY COMPONENT

5.1. Overview By Component
5.2. Historical and Forecast Data Analysis By Component
5.3. Hardware Historic and Forecast Sales By Regions
5.4. Software Historic and Forecast Sales By Regions
5.5. Services Historic and Forecast Sales By Regions

6. GLOBAL IOT TECHNOLOGY MARKET ANALYSIS BY CONNECTIVITY

6.1. Overview By Connectivity
6.2. Historical and Forecast Data Analysis By Connectivity
6.3. Cellular Historic and Forecast Sales By Regions
6.4. Wi-Fi Historic and Forecast Sales By Regions
6.5. Bluetooth Historic and Forecast Sales By Regions
6.6. Others Historic and Forecast Sales By Regions

7. GLOBAL IOT TECHNOLOGY MARKET ANALYSIS BY DEPLOYMENT

7.1. Overview By Deployment
7.2. Historical and Forecast Data Analysis By Deployment
7.3. On-Premises Historic and Forecast Sales By Regions
7.4. Cloud Historic and Forecast Sales By Regions

8. GLOBAL IOT TECHNOLOGY MARKET ANALYSIS BY APPLICATION

8.1. Overview By Application
8.2. Historical and Forecast Data Analysis By Application
8.3. Smart Home Historic and Forecast Sales By Regions
8.4. Industrial IoT Historic and Forecast Sales By Regions
8.5. Connected Health Historic and Forecast Sales By Regions
8.6. Smart Cities Historic and Forecast Sales By Regions
8.7. Automotive Historic and Forecast Sales By Regions
8.8. Consumer Electronics Historic and Forecast Sales By Regions
8.9. Retail Historic and Forecast Sales By Regions
8.10. Others Historic and Forecast Sales By Regions

9. GLOBAL IOT TECHNOLOGY MARKET ANALYSIS BY INDUSTRY VERTICAL

9.1. Overview By Industry Vertical
9.2. Historical and Forecast Data Analysis By Industry Vertical
9.3. Manufacturing Historic and Forecast Sales By Regions
9.4. Healthcare Historic and Forecast Sales By Regions
9.5. Transportation And Logistics Historic and Forecast Sales By Regions
9.6. Energy And Utilities Historic and Forecast Sales By Regions
9.7. Agriculture Historic and Forecast Sales By Regions
9.8. Others Historic and Forecast Sales By Regions

10. GLOBAL IOT TECHNOLOGY MARKET ANALYSIS BY GEOGRAPHY

10.1. Regional Outlook
10.2. Introduction
10.3. North America Sales Analysis
- 10.3.1 Overview, Historic and Forecast Data Sales Analysis
- 10.3.2 North America By Segment Sales Analysis
- 10.3.3 North America By Country Sales Analysis
- 10.3.4 United States Sales Analysis
- 10.3.5 Canada Sales Analysis
- 10.3.6 Mexico Sales Analysis
10.4. Europe Sales Analysis
- 10.4.1 Overview, Historic and Forecast Data Sales Analysis
- 10.4.2 Europe By Segment Sales Analysis
- 10.4.3 Europe By Country Sales Analysis
- 10.4.4 United Kingdom Sales Analysis
- 10.4.5 France Sales Analysis
- 10.4.6 Germany Sales Analysis
- 10.4.7 Italy Sales Analysis
- 10.4.8 Russia Sales Analysis
- 10.4.9 Rest Of Europe Sales Analysis
10.5. Asia Pacific Sales Analysis
- 10.5.1 Overview, Historic and Forecast Data Sales Analysis
- 10.5.2 Asia Pacific By Segment Sales Analysis
- 10.5.3 Asia Pacific By Country Sales Analysis
- 10.5.4 China Sales Analysis
- 10.5.5 India Sales Analysis
- 10.5.6 Japan Sales Analysis
- 10.5.7 South Korea Sales Analysis
- 10.5.8 Australia Sales Analysis
- 10.5.9 South East Asia Sales Analysis
- 10.5.10 Rest Of Asia Pacific Sales Analysis
10.6. Latin America Sales Analysis
- 10.6.1 Overview, Historic and Forecast Data Sales Analysis
- 10.6.2 Latin America By Segment Sales Analysis
- 10.6.3 Latin America By Country Sales Analysis
- 10.6.4 Brazil Sales Analysis
- 10.6.5 Argentina Sales Analysis
- 10.6.6 Peru Sales Analysis
- 10.6.7 Chile Sales Analysis
- 10.6.8 Rest of Latin America Sales Analysis
10.7. Middle East & Africa Sales Analysis
- 10.7.1 Overview, Historic and Forecast Data Sales Analysis
- 10.7.2 Middle East & Africa By Segment Sales Analysis
- 10.7.3 Middle East & Africa By Country Sales Analysis
- 10.7.4 Saudi Arabia Sales Analysis
- 10.7.5 UAE Sales Analysis
- 10.7.6 Israel Sales Analysis
- 10.7.7 South Africa Sales Analysis
- 10.7.8 Rest Of Middle East And Africa Sales Analysis

11. COMPETITIVE LANDSCAPE OF THE IOT TECHNOLOGY COMPANIES

11.1. IoT Technology Market Competition
11.2. Partnership/Collaboration/Agreement
11.3. Merger And Acquisitions
11.4. New Product Launch
11.5. Other Developments

12. COMPANY PROFILES OF IOT TECHNOLOGY INDUSTRY

12.1. Top Companies Market Share Analysis
12.2. Market Concentration Rate
12.3. Cisco Systems Inc.
- 12.3.1 Company Overview
- 12.3.2 Company Revenue
- 12.3.3 Products
- 12.3.4 Recent Developments
12.4. IBM Corporation
- 12.4.1 Company Overview
- 12.4.2 Company Revenue
- 12.4.3 Products
- 12.4.4 Recent Developments
12.5. Microsoft Corporation
- 12.5.1 Company Overview
- 12.5.2 Company Revenue
- 12.5.3 Products
- 12.5.4 Recent Developments
12.6. Intel Corporation
- 12.6.1 Company Overview
- 12.6.2 Company Revenue
- 12.6.3 Products
- 12.6.4 Recent Developments
12.7. Google LLC
- 12.7.1 Company Overview
- 12.7.2 Company Revenue
- 12.7.3 Products
- 12.7.4 Recent Developments
12.8. Amazon Web Services Inc. (AWS)
- 12.8.1 Company Overview
- 12.8.2 Company Revenue
- 12.8.3 Products
- 12.8.4 Recent Developments
12.9. Siemens AG
- 12.9.1 Company Overview
- 12.9.2 Company Revenue
- 12.9.3 Products
- 12.9.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies