1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 IoT Technology Market: Segmentation
1.3.2 Inclusions and Exclusions
1.3.3 Regional Scope
1.3.4 Years Considered
1.4 Currency Considered
1.5 Currency Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
1.9 Srecession Impact
Figure 2 GDP Growth Projection for Major Economies, 2021-2023
2 Research Methodology
2.1 Research Approach
Figure 3 IoT Technology Market: Research Design
2.1.1 Secondary Data
2.1.1.1 List of Major Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 List of Key Participants for Primary Interviews
2.1.2.2 Key Industry Insights
2.1.2.3 Key Data from Primary Sources
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation Methodology
2.2.1 Bottom-Up Approach
2.2.1.1 Approach to Estimate Market Size Using Bottom-Up Analysis
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.2.1 Approach to Estimate Market Size Using Top-Down Analysis
Figure 5 Market Size Estimation Methodology: Top-Down Approach
2.3 Data Triangulation
Figure 6 Data Triangulation
2.4 Research Assumptions
2.5 Impact of Recession
2.6 Research Limitations
2.7 Risk Assessment
3 Executive Summary
Figure 7 Processors Segment to Hold Largest Market Share in 2024
Figure 8 Remote Monitoring Segment to Record Highest CAGR During Forecast Period
Figure 9 Consumer Segment to Hold Largest Market Share from 2024 to 2029
Figure 10 IoT Technology Market, by Region, 2023
4 Premium Insights
4.1 Attractive Opportunities for Players in IoT Technology Market
Figure 11 Increasing Demand from Automotive & Transportation Sector to Fuel Market Growth
4.2 IoT Technology Market, by Service
Figure 12 Managed Services Segment to Dominate Market During Forecast Period
4.3 IoT Technology Market, by End-use Application
Figure 13 Aerospace & Defense Segment to Record Highest CAGR During Forecast Period
4.4 IoT Technology Market in North America, by End-use Application and Country
Figure 14 Automotive & Transportation and US Held Largest Shares of North America IoT Market in 2023
4.5 IoT Technology Market, by Country
Figure 15 China to Dominate Global IoT Technology Market from 2024 to 2029
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 16 IoT Technology Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Global Rise in Internet Penetration
Figure 17 Global Internet Penetration Till 2024, by Region
5.2.1.2 Growing Adoption of Cloud Platforms
5.2.1.3 Proliferation of Wireless Sensor Networks
5.2.1.4 Increasing Adoption of Ipv6
Figure 18 Adoption Rate of Ipv6, by Country, 2023
Figure 19 IoT Technology Market: Impact Analysis of Drivers
5.2.2 Restraints
5.2.2.1 Data Security and Privacy Concerns
Figure 20 IoT Technology Market: Impact Analysis of Restraints
5.2.3 Opportunities
5.2.3.1 Increasing Cross-Domain Collaborations
Figure 21 Cross-Domain Collaborations Using IoT
5.2.3.2 Government-Led Funding to Develop IoT Research Projects
5.2.3.3 Emergence of Connected Care in Healthcare Sector
5.2.3.4 Increasing Demand for HEVs and EVs
5.2.3.5 Growing Safety Concerns with Rising Urbanization
Figure 22 IoT Technology Market: Impact Analysis of Opportunities
5.2.4 Challenges
5.2.4.1 Interoperability Challenges and Lack of Common Standards
5.2.4.2 High Power Consumption by Wireless Sensor Terminals/Connected Devices
5.2.4.3 Lack of Skilled Professionals
Figure 23 IoT Technology Market: Impact Analysis of Challenges
5.3 Value Chain Analysis
Figure 24 IoT Technology Market: Value Chain Analysis
5.3.1 R&D Engineers
5.3.2 Raw Material and Component Suppliers
5.3.3 Software Solution Providers
5.3.4 IoT System Integrators
5.3.5 Suppliers and Distributors
5.3.6 End-users
5.4 Ecosystem Analysis
Figure 25 IoT Technology Market: Ecosystem Analysis
Table 1 Roles of Companies in IoT Technology Ecosystem
5.5 Trends/Disruptions Impacting Customers' Businesses
Figure 26 Trends/Disruptions Impacting Customers’ Businesses
5.6 Technology Analysis
5.6.1 Key Technologies
5.6.1.1 Integration of AI with IoT
5.6.1.2 Integration of ML with IoT
5.6.2 Complementary Technologies
5.6.2.1 Digital Twin
5.6.3 Adjacent Technologies
5.6.3.1 Edge Computing
5.6.3.2 Wi-Fi
5.6.3.3 Cloud Computing
5.6.3.4 Big Data Analytics
5.7 Porter's Five Forces Analysis
Figure 27 IoT Technology Market: Porter's Five Forces Analysis
Table 2 IoT Technology Market: Porter's Five Forces
5.7.1 Threat of New Entrants
5.7.2 Threat of Substitutes
5.7.3 Bargaining Power of Suppliers
5.7.4 Bargaining Power of Buyers
5.7.5 Intensity of Competitive Rivalry
5.8 Key Stakeholders and Buying Criteria
5.8.1 Key Stakeholders in Buying Process
Figure 28 Influence of Stakeholders on Buying Process, by End-use Application
Table 3 Influence of Stakeholders on Buying Process, by End-use Application (%)
5.8.2 Buying Criteria
Figure 29 Key Buying Criteria, by End-use Application
Table 4 Key Buying Criteria, by End-use Application
5.9 Case Study Analysis
5.9.1 Solulab Inc. Assisted Enmatrix to Develop IoT Mobile Application for Smart Buildings and Yacht Management
5.9.2 Solulab Inc. Helped Gearnetics to Develop Advanced IoT Fleet Management Solutions
5.9.3 Sanxing and Telenor Connexion Facilitated Leading Swedish Energy Supplier to Implement IoT-based Metering Solution for Connecting Smart Meters
5.9.4 Isa Minimized Equipment Breakdown with IoT-Enabled Predictive Maintenance Solution
5.9.5 Telenor Assisted Swegon in Implementing IoT-based Climate Control Systems
5.10 Tariff, Standard, and Regulatory Landscape
Table 5 Mfn Tariff Related to HS Code 852580-Compliant Products Exported by US
Table 6 Mfn Tariff Related to HS Code 852580-Compliant Products Exported by China
Table 7 Standards for IoT Technology Market
5.10.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 RoW: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.11 Pricing Analysis
5.11.1 Indicative Pricing Trend, by Node Component
Table 12 Indicative Pricing Trend of Node Components, 2023 (USD)
Figure 30 Indicative Pricing Trend of Node Components, 2020-2029 (USD)
5.11.2 Indicative Pricing Trend of Key Players, by Node Component, 2023
Figure 31 Indicative Pricing Trend of IoT Devices Offered by Key Players, by Node Component, 2023
Table 13 Indicative Pricing Trend of IoT Devices Offered by Key Players, by Node Component, 2023 (USD)
5.11.3 Average Selling Price Trend, by Region
Figure 32 Average Selling Price Trend of Logic Devices, by Region, 2020-2029 (USD)
5.12 Trade Analysis
5.12.1 Trade Analysis for HVAC Systems
5.12.1.1 Import Scenario (HS Code 841510)
Figure 33 Import Data for HS Code 841510-Compliant Products, by Country, 2018-2022 (USD Million)
5.12.1.2 Export Scenario (HS Code 841510)
Figure 34 Export Data for HS Code 841510-Compliant Products, by Country, 2018-2022 (USD Million)
5.12.2 Trade Analysis for Video Surveillance Systems
5.12.2.1 Import Scenario (HS Code 852580)
Figure 35 Import Data for HS Code 852580-Compliant Products, by Country, 2018-2022 (USD Million)
5.12.2.2 Export Scenario (HS Code 852580)
Figure 36 Export Data for HS Code 852580-Compliant Products, by Country, 2018-2022 (USD Million)
5.12.3 Trade Analysis for Fire Protection Systems
5.12.3.1 Import Scenario (HS Code 842410)
Figure 37 Import Data for HS Code 842410-Compliant Products, by Country, 2018-2022 (USD Million)
5.12.3.2 Export Scenario (HS Code 842410)
Figure 38 Export Data for HS Code 842410-Compliant Products, by Country, 2018-2022 (USD Million)
5.13 Patent Analysis
Figure 39 Number of Patents Applied and Granted Related to IoT Technology, 2013-2022
Table 14 List of Major Patents Applied/Granted Related to IoT Technology, 2013-2022
Table 15 Patent Registrations Related to IoT Technology, 2022-2023
5.14 Key Conferences and Events, 2024-2025
Table 16 IoT Technology Market: List of Key Conferences and Events, 2024-2025
5.15 Investment and Funding Scenario
Figure 40 Global Venture-Capital Investment in IoT Startups (USD Billion)
6 IoT Technology Market, by Software Solution
6.1 Introduction
Figure 41 IoT Technology Market, by Software Solution
Figure 42 Remote Monitoring Segment to Register Highest CAGR During Forecast Period
Table 17 IoT Technology Market, by Software Solution, 2020-2023 (USD Billion)
Table 18 IoT Technology Market, by Software Solution, 2024-2029 (USD Billion)
6.2 Real-Time Streaming Analytics
6.2.1 Ability to Analyze Data Generated in Different Formats in Real Time to Boost Demand
6.3 Security Solutions
6.3.1 Rising Need to Secure Network of Connected Devices to Fuel Market Growth
6.4 Data Management
6.4.1 Rising Need to Understand Data Patterns and Develop Logical Information to Boost Demand
6.5 Remote Monitoring
6.5.1 Rising Deployment in Smart Grids, Pipeline Sensors, and Server Monitoring to Foster Segmental Growth
6.6 Network Bandwidth Management
6.6.1 Ability to Increase Network Efficiency by Tracking Bandwidth and Resource Consumption to Drive Market
7 IoT Technology Market, by Platform
7.1 Introduction
Figure 43 IoT Technology Market, by Platform
Figure 44 Network Management Segment to Hold Largest Market Share in 2029
Table 19 IoT Technology Market, by Platform, 2020-2023 (USD Billion)
Table 20 IoT Technology Market, by Platform, 2024-2029 (USD Billion)
7.2 Device Management
7.2.1 Growing Requirement to Manage Access and Control Over IoT Devices to Fuel Market Growth
7.3 Application Management
7.3.1 Rising Need for Effective Monitoring and Remote Device Management to Boost Demand
7.4 Network Management
7.4.1 Ability to Prevent Network Crashes due to High Amount of Data Transfers to Drive Demand
8 IoT Technology Market, by Service
8.1 Introduction
Figure 45 IoT Technology Market, by Service
Figure 46 Managed Services Segment to Grow at Higher CAGR During Forecast Period
Table 21 IoT Technology Market, by Service, 2020-2023 (USD Million)
Table 22 IoT Technology Market, by Service, 2024-2029 (USD Million)
8.2 Professional Services
8.2.1 Increasing Demand for Connected Devices in Industrial and Transportation Sectors to Boost Demand
Figure 47 Professional Services Offered by IoT
8.2.2 Business Planning
8.2.3 System Design
8.2.4 Security
8.2.5 Software/Platform Development & Integration
8.2.6 Operational Support and Maintenance
8.2.7 Delivery and Deployment
8.3 Managed Services
8.3.1 Increasing Adoption of Outsourced Managed Services to Drive Demand
Figure 48 Managed Services Offered by IoT
8.3.1.1 Streamline Operations
8.3.2 Optimize Personnel
8.3.3 Manage IoT Costs
8.3.4 Enhance Visibility
9 IoT Technology Market, by End-use Application
9.1 Introduction
Figure 49 IoT Technology Market, by End-use Application
Table 23 IoT Technology Market, by End-use Application, 2020-2023 (USD Billion)
Table 24 IoT Technology Market, by End-use Application, 2024-2029 (USD Billion)
Figure 50 Consumer Segment to Hold Larger Market Share from in 2024
Table 25 Industrial: IoT Technology Market, by Sub End-use Application, 2020-2023 (USD Billion)
Table 26 Industrial: IoT Technology Market, by Sub End-use Application, 2024-2029 (USD Billion)
Figure 51 Building Automation Segment to Hold Largest Market Share in 2029
Table 27 Consumer: IoT Technology Market For, by Sub End-use Application, 2020-2023 (USD Billion)
Table 28 Consumer: IoT Technology Market, by Sub End-use Application, 2024-2029 (USD Billion )
9.2 Industrial
Table 29 Industrial: IoT Technology Market, by Node Component, 2020-2023 (USD Billion)
Table 30 IoT Technology Market for Industrial, by Node Component, 2024-2029 (USD Billion)
9.2.1 Healthcare
9.2.1.1 Growing Chronic Illness Among Expanding Population to Boost Demand
Table 31 Healthcare: IoT Technology Market, by Device Type, 2020-2023 (USD Million)
Table 32 Healthcare: IoT Technology Market, by Device Type, 2024-2029 (USD Million)
9.2.1.2 IoT Technology-based Products Used in Healthcare Sector
9.2.1.2.1 Fitness & Heart Rate Monitors
9.2.1.2.2 Blood Pressure Monitors
9.2.1.2.3 Blood Glucose Meters
9.2.1.2.4 Continuous Glucose Monitors
9.2.1.2.5 Pulse Oximeters
9.2.1.2.6 Automated External Defibrillators
9.2.1.2.7 Programmable Syringe Pumps
9.2.1.2.8 Wearable Injectors
9.2.1.2.9 Multiparameter Monitors
9.2.1.2.10 Fall Detectors
9.2.1.2.11 Smart Pill Dispensers
9.2.1.2.12 Gateways
9.2.2 Automotive & Transportation
9.2.2.1 Increasing Demand for Connected Automobile Services to Drive Market
Table 33 Automotive & Transportation: IoT Technology Market, by Type, 2020-2023 (USD Million)
Table 34 Automotive & Transportation: IoT Technology Market, by Type, 2024-2029 (USD Million)
9.2.2.2 IoT Technology-based Products Used in Automotive & Transportation Sector
9.2.2.2.1 Connected Cars
9.2.2.2.1.1 Level 1 - Driver Assistance
9.2.2.2.1.2 Level 2 - Partial Automation
9.2.2.2.1.3 Level 3 - Conditional Automation
9.2.2.2.1.4 Level 4 - High Automation
9.2.2.2.2 Ultrasonic Sensors
9.2.2.2.3 Camera/Image Sensors
9.2.2.2.4 Radars
9.2.2.2.5 LiDAR
9.2.2.2.6 Infrared Detectors
9.2.2.3 In-Car Infotainment
9.2.2.4 Traffic Management
9.2.2.4.1 Vehicle Detection Sensors
9.2.2.4.2 Pedestrian Presence Sensors
9.2.2.4.3 Speed Sensors
9.2.2.4.4 Thermal Cameras
9.2.2.4.5 Automated Incident Detection Cameras
9.2.2.5 Public Transport/Mass Transit
9.2.2.6 E-Tolls
9.2.2.7 Gateways
9.2.3 Building Automation
9.2.3.1 Increased Awareness Regarding Energy Conservation to Boost Demand
Table 35 Building Automation: IoT Technology Market, by Type, 2020-2023 (USD Billion)
Table 36 Building Automation: IoT Technology Market, by Type, 2024-2029 (USD Billion)
9.2.3.2 IoT Technology-based Products Used in Building Automation Sector
9.2.3.2.1 Occupancy Sensors
9.2.3.2.2 Daylight Sensors
9.2.3.2.3 Smart Thermostats
9.2.3.2.4 IP Cameras
9.2.3.2.5 Smart Meters
9.2.3.2.6 Smart Locks
9.2.3.2.7 Smoke Detectors
9.2.3.2.8 Gateways
9.2.4 Manufacturing
9.2.4.1 Adoption of Industry 4.0 & 5.0 Principles to Boost Demand
Table 37 Manufacturing: IoT Technology Market, by Type, 2020-2023 (USD Million)
Table 38 Manufacturing: IoT Technology Market, by Type, 2024-2029 (USD Million)
9.2.4.2 IoT Technology-based Products Used in Manufacturing Sector
9.2.4.2.1 Temperature Sensors
9.2.4.2.2 Pressure Sensors
9.2.4.2.3 Level Sensors
9.2.4.2.4 Flow Sensors
9.2.4.2.5 Chemical Sensors
9.2.4.2.6 Humidity Sensors
9.2.4.2.7 Motion & Position Sensors
9.2.4.2.8 Image Sensors
9.2.4.2.9 Gateways
9.2.5 Retail
9.2.5.1 Growing Popularity of Digital Signage and Intelligent Vending Machines to Fuel Market Growth
Table 39 Retail: IoT Technology Market, by Type, 2020-2023 (USD Billion)
Table 40 Retail: IoT Technology Market, by Type, 2024-2029 (USD Billion)
9.2.5.2 IoT Technology-based Products Used in Retail Sector
9.2.5.2.1 Intelligent Vending Machines
9.2.5.2.2 Contactless Checkout
9.2.5.2.3 Smart Mirrors
9.2.5.2.4 Smart Shopping Carts
9.2.5.2.5 Digital Signage
9.2.5.2.6 Smart Tags
9.2.5.2.7 Wireless Beacons
9.2.5.2.8 Gateways
9.2.6 Bfsi
9.2.6.1 Increasing Deployment of IoT Technology with Rising Competition in Fintech Sector to Drive Market
Figure 52 Key Application Areas of IoT in Bfsi Sector
Table 41 Bfsi: IoT Technology Market, by Type, 2020-2023 (USD Million)
Table 42 Bfsi: IoT Technology Market, by Type, 2024-2029 (USD Million)
9.2.6.2 IoT Technology-based Products in Bfsi Sector
9.2.6.2.1 Mobile Point of Sale
9.2.6.2.2 Smart Kiosk/Interactive Kiosk
9.2.6.2.3 Gateways
9.2.7 Oil & Gas
9.2.7.1 Rising Convergence of Machines and Intelligent Data to Drive Market
Table 43 Oil & Gas: IoT Technology Market, by Type, 2020-2023 (USD Thousand)
Table 44 Oil & Gas: IoT Technology Market, by Type, 2024-2029 (USD Thousand)
9.2.7.2 IoT Technology-based Products in Oil & Gas Industry
9.2.7.2.1 Temperature Sensors
9.2.7.2.2 Pressure Sensors
9.2.7.2.3 Level Sensors
9.2.7.2.4 Flow Sensors
9.2.7.2.5 Image Sensors
9.2.7.2.6 Other Sensors
9.2.7.2.7 Gateways
9.2.8 Agriculture
9.2.8.1 Ability to Monitor Crop Status and Analyze Soil Conditions to Drive Market
Figure 53 IoT in Agriculture Sector
Table 45 Agriculture: IoT Technology Market, by Type, 2020-2023 (USD Million)
Table 46 IoT Technology Market for Agriculture, by Type, 2024-2029 (USD Million)
9.2.8.2 IoT Technology-based Products Used in Agriculture Sector
9.2.8.2.1 Climate Sensors
9.2.8.2.2 Soil Moisture Sensors
9.2.8.2.3 Level Sensors
9.2.8.2.4 Gateways
9.2.9 Aerospace & Defense
9.2.9.1 Rising Focus on Improving Efficiency, Passenger Safety, Security, and Experience to Boost Demand
Table 47 Aerospace & Defense: IoT Technology Market, by Type, 2020-2023 (USD Million)
Table 48 Aerospace & Defense: IoT Technology Market, by Type, 2024-2029 (USD Million)
9.2.9.2 IoT Technology-based Products Used in Aerospace & Defense Sector
9.2.9.2.1 Smart Baggage Tags
9.2.9.2.2 Smart Beacons
9.2.9.2.3 Epassport Gates
9.2.9.2.4 Drones/Unmanned Aerial Vehicles
9.2.9.2.5 Gateways
9.3 Consumer
Table 49 Consumer: IoT Technology Market, by Node Component, 2020-2023 (USD Billion)
Table 50 Consumer: IoT Technology Market, by Node Component, 2024-2029 (USD Billion)
9.3.1 Wearable Devices
9.3.1.1 Escalating Demand for Smartwatches to Boost Demand
9.3.1.2 IoT Technology-based Products Used in Wearable Device Industry
9.3.1.2.1 Activity Monitors
9.3.1.2.2 Smartwatches
9.3.1.2.3 Smart Glasses
9.3.1.2.4 Body-Worn Cameras
9.3.1.2.5 Panic/Sos Buttons
9.3.1.2.6 Smart Locators
9.3.1.2.7 Smart Water Purifiers
9.3.1.2.8 Identity Authenticators
9.3.1.2.9 Thermal Bracelets
9.3.1.2.10 Safe Driving Ingestible Pills
Table 51 Wearable Devices: IoT Technology Market, by Type, 2020-2023 (USD Billion)
Table 52 Wearable Devices: IoT Technology Market, by Type, 2024-2029 (USD Billion)
9.3.2 Consumer Electronics
9.3.2.1 Ability to Measure and Control Energy Usage to Boost Demand
9.3.2.2 IoT Technology-based Products Used in Consumer Electronics Industry
9.3.2.2.1 Smart Lighting Devices
9.3.2.2.2 Smart Tvs
9.3.2.2.3 Smart Washing Machines
9.3.2.2.4 Smart Dryers
9.3.2.2.5 Smart Refrigerators
9.3.2.2.6 Smart Ovens
9.3.2.2.7 Smart Cooktops
9.3.2.2.8 Smart Cookers
9.3.2.2.9 Smart Deep Freezers
9.3.2.2.10 Smart Dishwashers
9.3.2.2.11 Smart Coffee Makers
9.3.2.2.12 Smart Kettles
9.3.2.2.13 Gateways
Table 53 Consumer Electronics: IoT Technology Market, by Type, 2020-2023 (USD Billion)
Table 54 Consumer Electronics: IoT Technology Market, by Type, 2024-2029 (USD Million)
10 IoT Technology Market, by Region
10.1 Introduction
Figure 54 IoT Technology Market, by Region
Figure 55 Asia-Pacific to Register Highest CAGR During Forecast Period
Table 55 IoT Technology Market, by Region, 2020-2023 (USD Billion)
Table 56 IoT Technology Market, by Region, 2024-2029 (USD Billion)
10.2 North America
10.2.1 Recession Impact on IoT Technology Market in North America
Figure 56 North America: IoT Technology Market Snapshot
Table 57 North America: IoT Technology Market, by Country, 2020-2023 (USD Billion)
Table 58 North America: IoT Technology Market, by Country, 2024-2029 (USD Billion)
Table 59 North America: IoT Technology Market, by Node Component, 2020-2023 (USD Billion)
Table 60 North America: IoT Technology Market, by Node Component, 2024-2029 (USD Billion)
Table 61 North America: IoT Technology Market, by Software Solution, 2020-2023 (USD Billion)
Table 62 North America: IoT Technology Market, by Software Solution, 2024-2029 (USD Billion)
Table 63 North America: IoT Technology Market, by Platform, 2020-2023 (USD Billion)
Table 64 North America: IoT Technology Market, by Platform, 2024-2029 (USD Billion)
Table 65 North America: IoT Technology Market, by Service, 2020-2023 (USD Billion)
Table 66 North America: IoT Technology Market, by Service, 2024-2029 (USD Billion)
10.2.2 US
10.2.2.1 Government-Led Investments to Implement IoT Solutions to Drive Market
10.2.3 Canada
10.2.3.1 Rising Establishment of Data Centers to Fuel Market Growth
10.3 Europe
10.3.1 Recession Impact on IoT Technology Market in Europe
Figure 57 Europe: IoT Technology Market Snapshot
Table 67 Europe: IoT Technology Market, by Country, 2020-2023 (USD Billion)
Table 68 Europe: IoT Technology Market, by Country, 2024-2029 (USD Billion)
Table 69 Europe: IoT Technology Market, by Node Component, 2020-2023 (USD Billion)
Table 70 Europe: IoT Technology Market, by Node Component, 2024-2029 (USD Million)
Table 71 Europe: IoT Technology Market, by Software Solution, 2020-2023 (USD Billion)
Table 72 Europe: IoT Technology Market, by Software Solution, 2024-2029 (USD Billion)
Table 73 Europe: IoT Technology Market, by Platform, 2020-2023 (USD Billion)
Table 74 Europe: IoT Technology Market, by Platform, 2024-2029 (USD Billion)
Table 75 Europe: IoT Technology Market, by Service, 2020-2023 (USD Billion)
Table 76 Europe: IoT Technology Market, by Service, 2024-2029 (USD Billion)
10.3.2 UK
10.3.2.1 Presence of Robust Digital Infrastructure to Fuel Market Growth
10.3.3 Germany
10.3.3.1 Increased Adoption of IoT Solutions by Automotive and Manufacturing Sectors to Boost Demand
10.3.4 France
10.3.4.1 Rising Demand for Portable Electronics in Various Sectors to Drive Market
10.3.5 Rest of Europe
10.4 Asia-Pacific
10.4.1 Recession Impact on IoT Technology Market in Asia-Pacific
Figure 58 Asia-Pacific: IoT Technology Market Snapshot
Table 77 Asia-Pacific: IoT Technology Market, by Country, 2020-2023 (USD Billion)
Table 78 Asia-Pacific: IoT Technology Market, by Country, 2024-2029 (USD Billion)
Table 79 Asia-Pacific: IoT Technology Market, by Node Component, 2020-2023 (USD Billion)
Table 80 Asia-Pacific: IoT Technology Market, by Node Component, 2024-2029 (USD Million)
Table 81 Asia-Pacific: IoT Technology Market, by Software Solution, 2020-2023 (USD Billion)
Table 82 Asia-Pacific: IoT Technology Market, by Software Solution, 2024-2029 (USD Billion)
Table 83 Asia-Pacific: IoT Technology Market, by Platform, 2020-2023 (USD Billion)
Table 84 Asia-Pacific: IoT Technology Market, by Platform, 2024-2029 (USD Billion)
Table 85 Asia-Pacific: IoT Technology Market, by Service, 2020-2023 (USD Billion)
Table 86 Asia-Pacific: IoT Technology Market, by Service, 2024-2029 (USD Billion)
10.4.2 China
10.4.2.1 Booming Manufacturing Sector to Drive Market
10.4.3 Japan
10.4.3.1 Rising Emphasis on Developing Robotics to Boost Demand
10.4.4 South Korea
10.4.4.1 Growing R&D for IoT Technologies to Drive Market Growth
10.4.5 Rest of Asia-Pacific
10.5 Latin America
Table 87 Latin America: IoT Technology Market, by Country, 2020-2023 (USD Billion)
Table 88 Latin America: IoT Technology Market, by Country, 2024-2029 (USD Billion)
Table 89 Latin America: IoT Technology Market, by Node Component, 2020-2023 (USD Billion)
Table 90 Latin America: IoT Technology Market, by Node Component, 2024-2029 (USD Million)
Table 91 Latin America: IoT Technology Market, by Software Solution, 2020-2023 (USD Billion)
Table 92 Latin America: IoT Technology Market, by Software Solution, 2024-2029 (USD Billion)
Table 93 Latin America: IoT Technology Market, by Platform, 2020-2023 (USD Billion)
Table 94 Latin America: IoT Technology Market, by Platform, 2024-2029 (USD Billion)
Table 95 Latin America: IoT Technology Market, by Service, 2020-2023 (USD Billion)
Table 96 Latin America: IoT Technology Market, by Service, 2024-2029 (USD Billion)
10.5.1 Mexico
10.5.1.1 Rising Preference for New Technologies in Manufacturing Sector to Fuel Market Growth
10.5.2 Brazil
10.5.2.1 Growing Demand for Smart Home Devices and Wearables to Drive Market
10.5.3 Colombia
10.5.3.1 Growing Focus on Developing Manufacturing, Construction, and Agriculture Sectors to Boost Demand
10.5.4 Rest of Latin America
10.6 RoW
10.6.1 Recession Impact on IoT Technology Market in RoW
Table 97 RoW: IoT Technology Market, by Country, 2020-2023 (USD Billion)
Table 98 RoW: IoT Technology Market, by Country, 2024-2029 (USD Billion)
Table 99 Middle East: IoT Technology Market, by Country, 2020-2023 (USD Billion)
Table 100 Middle East: IoT Technology Market, by Country, 2024-2029 (USD Billion)
Table 101 RoW: IoT Technology Market, by Node Component, 2020-2023 (USD Billion)
Table 102 RoW: IoT Technology Market, by Node Component, 2024-2029 (USD Million)
Table 103 RoW: IoT Technology Market, by Software Solution, 2020-2023 (USD Billion)
Table 104 RoW: IoT Technology Market, by Software Solution, 2024-2029 (USD Billion)
Table 105 RoW: IoT Technology Market, by Platform, 2020-2023 (USD Billion)
Table 106 RoW: IoT Technology Market, by Platform, 2024-2029 (USD Billion)
Table 107 RoW: IoT Technology Market, by Service, 2020-2023 (USD Billion)
Table 108 RoW: IoT Technology Market, by Service, 2024-2029 (USD Billion)
10.6.2 Middle East
10.6.2.1 Increasing Emphasis on Developing IT Infrastructure to Drive Market
10.6.2.2 GCC
10.6.2.3 Rest of Middle East
10.6.3 Africa
10.6.3.1 Significant Development in Cellular Technologies to Drive Market
11 Competitive Landscape
11.1 Overview
11.2 Key Player Strategies/Right to Win, 2020-2024
Table 109 Key Player Strategies/Right to Win, 2020-2024
11.3 Revenue Analysis, 2019-2023
Figure 59 IoT Technology Market: Revenue Analysis of Top Five Players, 2019-2023
11.4 Market Share Analysis, 2023
Figure 60 IoT Technology Market Share Analysis, 2023
Table 110 IoT Technology Market: Degree of Competition, 2023
11.5 Company Valuation and Financial Metrics, 2024
Figure 61 IoT Technology Market: Company Valuation, 2024 (USD Billion)
Figure 62 IoT Technology Market: Financial Metrics (EV/EBITDA), 2022
11.6 Brand/Product Comparison
Figure 63 Brand/Product Comparison
11.7 Company Evaluation Matrix: Key Players, 2023
11.7.1 Stars
11.7.2 Emerging Leaders
11.7.3 Pervasive Players
11.7.4 Participants
Figure 64 IoT Technology Market: Company Evaluation Matrix (Key Players), 2023
11.7.5 Company Footprint: Key Players, 2023
11.7.5.1 Company Footprint
Figure 65 IoT Technology Market: Company Footprint
11.7.5.2 Node Component Footprint
Table 111 IoT Technology Market: Node Component Footprint
11.7.5.3 Software Solution Footprint
Table 112 IoT Technology Market: Software Solution Footprint
11.7.5.4 Service Footprint
Table 113 IoT Technology Market: Service Footprint
11.7.5.5 End-use Application Footprint
Table 114 IoT Technology Market: End-use Application Footprint
11.7.5.6 Region Footprint
Table 115 IoT Technology Market: Region Footprint
11.8 Company Evaluation Matrix: Startups/SMEs, 2023
11.8.1 Progressive Companies
11.8.2 Responsive Companies
11.8.3 Dynamic Companies
11.8.4 Starting Blocks
Figure 66 IoT Technology Market: Company Evaluation Matrix (Startups/SMEs), 2023
11.8.5 Competitive Benchmarking: Startups/SMEs, 2023
11.8.5.1 List of Key Startups/SMEs
Table 116 IoT Technology Market: List of Key Startups/SMEs
11.8.5.2 Competitive Benchmarking of Key Startups/SMEs
Table 117 IoT Technology Market: Competitive Benchmarking of Key Startups/SMEs
11.9 Competitive Scenarios and Trends
11.9.1 Product Launches
Table 118 IoT Technology Market: Product Launches, January 2022-January 2024
11.9.2 Deals
Table 119 IoT Technology Market: Deals, January 2022-January 2024
11.9.3 Expansions
Table 120 IoT Technology Market: Expansions, January 2022-January 2024
12 Company Profiles
(Business Overview, Products Offered, Recent Developments, Analyst's View Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats) *
12.1 Introduction
12.2 Key Players
12.2.1 Intel Corporation
Table 121 Intel Corporation: Company Overview
Figure 67 Intel Corporation: Company Snapshot
Table 122 Intel Corporation: Products/Solutions/Services Offered
Table 123 Intel Corporation: Product Launches
Table 124 Intel Corporation: Deals
12.2.2 Qualcomm Technologies, Inc.
Table 125 Qualcomm Technologies, Inc.: Company Overview
Figure 68 Qualcomm Technologies, Inc.: Company Snapshot
Table 126 Qualcomm Technologies, Inc.: Products/Solutions/Services Offered
Table 127 Qualcomm Technologies, Inc.: Product Launches
Table 128 Qualcomm Technologies, Inc.: Deals
12.2.3 Texas Instruments Incorporated
Table 129 Texas Instruments Incorporated: Company Overview
Figure 69 Texas Instruments Incorporated: Company Snapshot
Table 130 Texas Instruments Incorporated: Products/Solutions/Services Offered
Table 131 Texas Instruments: Expansions
12.2.4 Stmicroelectronics
Table 132 Stmicroelectronics: Company Overview
Figure 70 Stmicroelectronics: Company Snapshot
Table 133 Stmicroelectronics: Products/Solutions/Services Offered
Table 134 Stmicroelectronics: Product Launches
Table 135 Stmicroelectronics: Deals
12.2.5 IBM
Table 136 IBM: Company Overview
Figure 71 IBM: Company Snapshot
Table 137 IBM: Products/Solutions/Services Offered
Table 138 IBM: Product Launches
Table 139 IBM: Deals
12.2.6 Hewlett Packard Enterprise Development Lp
Table 140 Hewlett Packard Enterprise Development Lp: Company Overview
Figure 72 Hewlett Packard Enterprise Development Lp: Company Snapshot
Table 141 Hewlett Packard Enterprise Development Lp: Products/Solutions/Services Offered
Table 142 Hewlett Packard Enterprise Development Lp: Deals
Table 143 Hewlett Packard Enterprise Development Lp: Expansions
12.2.7 Cisco Systems, Inc.
Table 144 Cisco Systems, Inc.: Company Overview
Figure 73 Cisco Systems, Inc.: Company Snapshot
Table 145 Cisco Systems, Inc.: Products/Solutions/Services Offered
Table 146 Cisco Systems, Inc.: Product Launches
Table 147 Cisco Systems, Inc.: Deals
12.2.8 Microsoft
Table 148 Microsoft: Company Overview
Figure 74 Microsoft: Company Snapshot
Table 149 Microsoft: Products/Solutions/Services Offered
Table 150 Microsoft: Deals
12.2.9 Ptc
Table 151 Ptc: Company Overview
Figure 75 Ptc: Company Snapshot
Table 152 Ptc: Products/Solutions/Services Offered
Table 153 Ptc: Product Launches
Table 154 Ptc: Deals
12.2.10 Amazon Web Services, Inc.
Table 155 Amazon Web Services, Inc.: Company Overview
Figure 76 Amazon Web Services, Inc.: Company Snapshot
Table 156 Amazon Web Services, Inc.: Products/Solutions/Services Offered
Table 157 Amazon Web Services, Inc.: Product Launches
Table 158 Amazon Web Services, Inc.: Deals
12.3 Other Players
12.3.1 General Electric Company
12.3.2 Softeq Development Corp.
12.3.3 Sciencesoft Usa Corporation
12.3.4 Oracle
12.3.5 Siemens
12.3.6 SAP SE
12.3.7 Robert Bosch GmbH
12.3.8 Huawei Technologies Co. Ltd.
12.3.9 Schneider Electric
12.3.10 Arm Limited
12.3.11 Nxp Semiconductors
12.3.12 Te Connectivity
12.3.13 Software AG
12.3.14 Microchip Technology Inc.
12.3.15 Vates
12.3.16 Cellhire PLC
12.3.17 Clearblade
12.3.18 Solulab
12.3.19 Konstant Infosolutions
12.3.20 Binariks Inc.
*Details on Business Overview, Products Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies.
13 Appendix
13.1 Discussion Guide
13.2 Knowledgestore: The Subscription Portal
13.3 Customization Options
