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IoT Market by Component, Deployment Mode, Organization Size, Platform, Technology, Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 383 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578322
Internet of Things (IoT) describes the network of physical objects that are embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. These devices range from ordinary household objects to sophisticated industrial tools. Over the past few years, IoT has become one of the most important technologies of the globe. IoT devices share the data that is collected by IoT sensors or other edge devices where data is sent to the cloud server to be analyzed. These devices further communicate with other related devices and act on the information they get from one another. The devices do most of the work without human intervention, although people can interact with the devices.

The growth of the IoT market is majorly driven by development of wireless networking technologies, increase in cloud platform adoption, and advent of advanced data analytics & data processing drives. However, data security & privacy concerns and high implementation & maintenance cost of IoT devices restrain the growth of the market globally. On the contrary, reduction in the cost of connected devices and IoT traction among SMEs is expected to create lucrative opportunities for the expansion of the IoT market, globally.

The global IoT market is segmented into component, deployment, organization size, platform, technology, industry vertical, and region. By component, the market is divided into solution and service. Depending on deployment, it is segregated in to on-premise and cloud. On the basis of organization size, it is bifurcated into large enterprises and small & medium size enterprises. As per platform, it is fragmented into device management, application management, and network management. According to technology, it is differentiated radiofrequency identification, pressure sensors, network communications, data processing, and near-field communications. By industry vertical, it is categorized into retail & e-commerce, energy & utility, healthcare, transportation & logistics, IT & telecom, manufacturing, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The market players operating in the IoT market include Intel Corporation, Sap Se, Cisco Systems Inc, Microsoft Corporation, Oracle Corporation, IBM Corporation, Google LLC, Hewlett-Packard Enterprise, Amazon Web Services Inc., and Bosch Software Innovation GmbH. These major players have adopted various key development strategies such as business expansion and new product launches, which help to strengthen their foothold in the global IoT market.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the IoT market along with the current trends and future estimations to elucidate the imminent investment pockets
  • Information about key drivers, restraints, and opportunities and their impact analysis on the IoT market size is provided
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the IoT market
  • The quantitative analysis of the IoT market from 2020 to 2030 is provided to determine the IoT market potential

MARKET SEGMENTS


By Component

  • Solution
  • Real-time streaming analytics
  • Security solution
  • Data management
  • Remote monitoring system
  • Network bandwidth management
  • Services
  • Professional service
  • Support & maintenance
  • Consulting service
  • Managed service

By Deployment Mode

  • On-premise
  • Cloud

By ORGANIZATION SIZE

  • Large enterprises
  • SMEs

By Platform

  • Device management
  • Application management
  • Network management

By Technology

  • Radiofrequency identification
  • Pressure sensors
  • Network communications
  • Data processing
  • Near-field communications

By Industry Vertical

  • Retail, e-commerce, & consumer electronics
  • Energy & utility
  • Healthcare
  • Transportation & logistics
  • IT & telecom
  • Manufacturing
  • Others

By Region

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

KEY MARKET PLAYERS PROFILED IN THE REPORT OF IOT MARKET

  • Intel Corporation
  • SAP SE
  • Cisco Systems Inc
  • Microsoft Corporation
  • Oracle Corporation
  • IBM Corporation
  • Google LLC
  • Hewlett-Packard Enterprise
  • Amazon Web Services Inc
  • Bosch Software Innovation GmbH

 

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Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools & Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Impacting Factors
2.1.2. Top Investment Pockets
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Porter's Five Forces Analysis
3.3. Case Studies
3.3.1. Case Study 01
3.3.2. Case Study 02
3.4. Impact of Government Regulations on Global IoT Market
3.5. Market Evolution/Industry Roadmap
3.6. Market Dynamics
3.6.1. Drivers
3.6.1.1. Development of Wireless Networking Technologies
3.6.1.2. Increase in Cloud Platform Adoption for Deployment of Iot
3.6.1.3. Advent of Advanced Data Analytics and Data Processing
3.6.2. Restraints
3.6.2.1. High Cost Associated With Implementation and Maintenance of IoT Platform
3.6.2.2. Increase in Security & Privacy Concerns Across Industry Verticals
3.6.3. Opportunities
3.6.3.1. Reduction in Cost of Connected Devices
3.6.3.2. Increase in Use of IoT Among Smes
3.7. Covid-19 Impact Analysis on Global Internet of Things Market
3.7.1. Impact on Market Size
3.7.2. Consumer Trends, Preferences, and Budget Impact
3.7.3. Economic Impact
3.7.4. Key Player Strategies to Tackle Negative Impact
3.7.5. Opportunity Window
Chapter 4: Iot Market by Component
4.1. Overview
4.2. Solution
4.2.1. Overview
4.2.2. Key Market Trends, Growth Factors, and Opportunities
4.2.3. Market Size and Forecast by Region
4.2.4. Market Analysis by Country.
4.2.5. Iot Market, by Solution Type
4.2.5.1. Real-Time Streaming Analytics
4.2.5.2. Security Solution
4.2.5.3. Data Management
4.2.5.4. Remote Monitoring System
4.2.5.5. Network Bandwidth Management
4.3. Service
4.3.1. Overview
4.3.2. Key Market Trends, Growth Factors, and Opportunities
4.3.3. Market Size and Forecast by Region
4.3.4. Market Analysis by Country
4.3.5. Iot Market, by Component Type
4.3.5.1. Consulting Services
4.3.5.2. Professional Service
4.3.5.3. Support & Maintenance
4.3.5.4. Managed Services
Chapter 5: Iot Market by Deployment
5.1. Overview
5.2. On-Premise
5.2.1. Overview
5.2.2. Key Market Trends, Growth Factors, and Opportunities
5.2.3. Market Size and Forecast by Region
5.2.4. Market Analysis by Country
5.3. Cloud
5.3.1. Overview
5.3.2. Key Market Trends, Growth Factors, and Opportunities
5.3.3. Market Size and Forecast by Region
5.3.4. Market Analysis by Country
Chapter 6: Enterprise Application Market, by Organization Size
6.1. Overview
6.2. Small- & Medium-Sized Enterprises
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Large Enterprises
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3.3.3.3 Market Analysis, by Country
Chapter 7: Iot Market, by Platform
7.1. Overview
7.2. Device Management
7.2.1. Overview
7.2.2. Key Market Trends, Growth Factors, and Opportunities
7.2.3. Market Size and Forecast by Region
7.2.4. Market Analysis by Country
7.3. Application Management
7.3.1. Overview
7.3.2. Key Market Trends, Growth Factors, and Opportunities
7.3.3. Market Size and Forecast by Region
7.3.4. Market Analysis by Country
7.4. Network Management
7.4.1. Overview
7.4.2. Key Market Trends, Growth Factors, and Opportunities
7.4.3. Market Size and Forecast by Region
7.4.4. Market Analysis by Country
Chapter 8: Iot Market, by Technology
8.1. Overview
8.2. Radiofrequency Identification
8.2.1. Key Market Trends, Growth Factors, and Opportunities
8.2.2. Market Size and Forecast, by Region
8.2.3. Market Analysis, by Country
8.3. Pressure Sensor
8.3.1. Key Market Trends, Growth Factors, and Opportunities
8.3.2. Market Size and Forecast, by Region
8.3.3. Market Analysis, by Country
8.4. Network Communications
8.4.1. Key Market Trends, Growth Factors, and Opportunities
8.4.2. Market Size and Forecast, by Region
8.4.3. Market Analysis, by Country
8.5. Data Processing
8.5.1. Key Market Trends, Growth Factors, and Opportunities
8.5.2. Market Size and Forecast, by Region
8.5.3. Market Analysis, by Country
8.6. Near-Field Communications
8.6.1. Key Market Trends, Growth Factors, and Opportunities
8.6.2. Market Size and Forecast, by Region
8.6.3. Market Analysis, by Country
Chapter 9: Iot Market, by Industry Vertical
9.1. Overview
9.2. Manufacturing
9.2.1. Key Market Trends, Growth Factors, and Opportunities
9.2.2. Market Size and Forecast, by Region
9.2.3. Market Analysis, by Country
9.3. Energy & Utility
9.3.1. Key Market Trends, Growth Factors, and Opportunities
9.3.2. Market Size and Forecast, by Region
9.3.3. Market Analysis, by Country
9.4. Healthcare
9.4.1. Key Market Trends, Growth Factors, and Opportunities
9.4.2. Market Size and Forecast, by Region
9.4.3. Market Analysis, by Country
9.5. Retail, E-Commerce, & Consumer Electronics
9.5.1. Key Market Trends, Growth Factors, and Opportunities
9.5.2. Market Size and Forecast, by Region
9.5.3. Market Analysis, by Country
9.6. Transportation & Logistics
9.6.1. Key Market Trends, Growth Factors, and Opportunities
9.6.2. Market Size and Forecast, by Region
9.6.3. Market Analysis, by Country
9.7. It & Telecom
9.7.1. Key Market Trends, Growth Factors, and Opportunities
9.7.2. Market Size and Forecast, by Region
9.7.3. Market Analysis, by Country
9.8. Others
9.8.1. Key Market Trends, Growth Factors, and Opportunities
9.8.2. Market Size and Forecast, by Region
9.8.3. Market Analysis, by Country
Chapter 10: Iot Market, by Region
10.1. Overview
10.2. North America
10.2.1. Key Market Trends, Growth Factors and Opportunities
10.2.2. Market Size and Forecast, by Component
10.2.3. Market Size and Forecast, by Deployment Mode
10.2.4. Market Size and Forecast, by Organization Size
10.2.5. Market Size and Forecast, by Platform
10.2.6. Market Size and Forecast, by Technology
10.2.7. Market Size and Forecast, by Industry Vertical
10.2.8. Market Analysis, by Country
10.2.8.1. U. S.
10.2.8.1.1. Market Size and Forecast, by Component
10.2.8.1.2. Market Size and Forecast, by Deployment Mode
10.2.8.1.3. Market Size and Forecast, by Organization Size
10.2.8.1.4. Market Size and Forecast, by Platform
10.2.8.1.5. Market Size and Forecast, by Technology
10.2.8.1.6. Market Size and Forecast, by Industry Vertical
10.2.8.2. Canada
10.2.8.2.1. Market Size and Forecast, by Component
10.2.8.2.2. Market Size and Forecast, by Deployment Mode
10.2.8.2.3. Market Size and Forecast, by Organization Size
10.2.8.2.4. Market Size and Forecast, by Platform
10.2.8.2.5. Market Size and Forecast, by Technology
10.2.8.2.6. Market Size and Forecast, by Industry Vertical
10.3. Europe
10.3.1. Key Market Trends, Growth Factors and Opportunities
10.3.2. Market Size and Forecast, by Component
10.3.3. Market Size and Forecast, by Deployment Mode
10.3.4. Market Size and Forecast, by Organization Size
10.3.5. Market Size and Forecast, by Platform
10.3.6. Market Size and Forecast, by Technology
10.3.7. Market Size and Forecast, by Industry Vertical
10.3.8. Market Analysis, by Country
10.3.8.1. United Kingdom
10.3.8.1.1. Market Size and Forecast, by Component
10.3.8.1.2. Market Size and Forecast, by Deployment Mode
10.3.8.1.3. Market Size and Forecast, by Organization Size
10.3.8.1.4. Market Size and Forecast, by Platform
10.3.8.1.5. Market Size and Forecast, by Technology
10.3.8.1.6. Market Size and Forecast, by Industry Vertical
10.3.8.2. Germany
10.3.8.2.1. Market Size and Forecast, by Component
10.3.8.2.2. Market Size and Forecast, by Deployment Mode
10.3.8.2.3. Market Size and Forecast, by Organization Size
10.3.8.2.4. Market Size and Forecast, by Platform
10.3.8.2.5. Market Size and Forecast, by Technology
10.3.8.2.6. Market Size and Forecast, by Industry Vertical
10.3.8.3. France
10.3.8.3.1. Market Size and Forecast, by Component
10.3.8.3.2. Market Size and Forecast, by Deployment Mode
10.3.8.3.3. Market Size and Forecast, by Organization Size
10.3.8.3.4. Market Size and Forecast, by Platform
10.3.8.3.5. Market Size and Forecast, by Technology
10.3.8.3.6. Market Size and Forecast, by Industry Vertical
10.3.8.4. Italy
10.3.8.4.1. Market Size and Forecast, by Component
10.3.8.4.2. Market Size and Forecast, by Deployment Mode
10.3.8.4.3. Market Size and Forecast, by Organization Size
10.3.8.4.4. Market Size and Forecast, by Platform
10.3.8.4.5. Market Size and Forecast, by Technology
10.3.8.4.6. Market Size and Forecast, by Industry Vertical
10.3.8.5. Spain
10.3.8.5.1. Market Size and Forecast, by Component
10.3.8.5.2. Market Size and Forecast, by Deployment Mode
10.3.8.5.3. Market Size and Forecast, by Organization Size
10.3.8.5.4. Market Size and Forecast, by Platform
10.3.8.5.5. Market Size and Forecast, by Technology
10.3.8.5.6. Market Size and Forecast, by Industry Vertical
10.3.8.6. Rest of Europe
10.3.8.6.1. Market Size and Forecast, by Component
10.3.8.6.2. Market Size and Forecast, by Deployment Mode
10.3.8.6.3. Market Size and Forecast, by Organization Size
10.3.8.6.4. Market Size and Forecast, by Platform
10.3.8.6.5. Market Size and Forecast, by Technology
10.3.8.6.6. Market Size and Forecast, by Industry Vertical
10.4. Asia-Pacific
10.4.1. Key Market Trends, Growth Factors and Opportunities
10.4.2. Market Size and Forecast, by Component
10.4.3. Market Size and Forecast, by Deployment Mode
10.4.4. Market Size and Forecast, by Organization Size
10.4.5. Market Size and Forecast, by Platform
10.4.6. Market Size and Forecast, by Technology
10.4.7. Market Size and Forecast, by Industry Vertical
10.4.8. Market Analysis, by Country
10.4.8.1. China
10.4.8.1.1. Market Size and Forecast, by Component
10.4.8.1.2. Market Size and Forecast, by Deployment Mode
10.4.8.1.3. Market Size and Forecast, by Organization Size
10.4.8.1.4. Market Size and Forecast, by Platform
10.4.8.1.5. Market Size and Forecast, by Technology
10.4.8.1.6. Market Size and Forecast, by Industry Vertical
10.4.8.2. India
10.4.8.2.1. Market Size and Forecast, by Component
10.4.8.2.2. Market Size and Forecast, by Deployment Mode
10.4.8.2.3. Market Size and Forecast, by Organization Size
10.4.8.2.4. Market Size and Forecast, by Platform
10.4.8.2.5. Market Size and Forecast, by Technology
10.4.8.2.6. Market Size and Forecast, by Industry Vertical
10.4.8.3. Japan
10.4.8.3.1. Market Size and Forecast, by Component
10.4.8.3.2. Market Size and Forecast, by Deployment Mode
10.4.8.3.3. Market Size and Forecast, by Organization Size
10.4.8.3.4. Market Size and Forecast, by Platform
10.4.8.3.5. Market Size and Forecast, by Technology
10.4.8.3.6. Market Size and Forecast, by Industry Vertical
10.4.8.4. South Korea
10.4.8.4.1. Market Size and Forecast, by Component
10.4.8.4.2. Market Size and Forecast, by Deployment Mode
10.4.8.4.3. Market Size and Forecast, by Organization Size
10.4.8.4.4. Market Size and Forecast, by Platform
10.4.8.4.5. Market Size and Forecast, by Technology
10.4.8.4.6. Market Size and Forecast, by Industry Vertical
10.4.8.5. Australia
10.4.8.5.1. Market Size and Forecast, by Component
10.4.8.5.2. Market Size and Forecast, by Deployment Mode
10.4.8.5.3. Market Size and Forecast, by Organization Size
10.4.8.5.4. Market Size and Forecast, by Platform
10.4.8.5.5. Market Size and Forecast, by Technology
10.4.8.5.6. Market Size and Forecast, by Industry Vertical
10.4.8.6. Rest of Asia-Pacific
10.4.8.6.1. Market Size and Forecast, by Component
10.4.8.6.2. Market Size and Forecast, by Deployment Mode
10.4.8.6.3. Market Size and Forecast, by Organization Size
10.4.8.6.4. Market Size and Forecast, by Platform
10.4.8.6.5. Market Size and Forecast, by Technology
10.4.8.6.6. Market Size and Forecast, by Industry Vertical
10.5. Lamea
10.5.1. Key Market Trends, Growth Factors and Opportunities
10.5.2. Market Size and Forecast, by Component
10.5.3. Market Size and Forecast, by Deployment Mode
10.5.4. Market Size and Forecast, by Organization Size
10.5.5. Market Size and Forecast, by Platform
10.5.6. Market Size and Forecast, by Technology
10.5.7. Market Size and Forecast, by Industry Vertical
10.5.8. Market Analysis, by Country
10.5.8.1. Latin America
10.5.8.1.1. Market Size and Forecast, by Component
10.5.8.1.2. Market Size and Forecast, by Deployment Mode
10.5.8.1.3. Market Size and Forecast, by Organization Size
10.5.8.1.4. Market Size and Forecast, by Platform
10.5.8.1.5. Market Size and Forecast, by Technology
10.5.8.1.6. Market Size and Forecast, by Industry Vertical
10.5.8.2. Middle East
10.5.8.2.1. Market Size and Forecast, by Component
10.5.8.2.2. Market Size and Forecast, by Deployment Mode
10.5.8.2.3. Market Size and Forecast, by Organization Size
10.5.8.2.4. Market Size and Forecast, by Platform
10.5.8.2.5. Market Size and Forecast, by Technology
10.5.8.2.6. Market Size and Forecast, by Industry Vertical
10.5.8.3. Africa
10.5.8.3.1. Market Size and Forecast, by Component
10.5.8.3.2. Market Size and Forecast, by Deployment Mode
10.5.8.3.3. Market Size and Forecast, by Organization Size
10.5.8.3.4. Market Size and Forecast, by Platform
10.5.8.3.5. Market Size and Forecast, by Technology
10.5.8.3.6. Market Size and Forecast, by Industry Vertical
Chapter 11: Competitive Landscape
11.1. Key Player Positioning Analysis, 2020
11.2. Top Winning Strategies
11.3. Competitive Dashboard
Chapter 12: Company Profiles
12.1. Amazon Web Service.
12.1.1. Company Overview
12.1.2. Key Executives
12.1.3. Company Snapshot
12.1.4. Operating Business Segments
12.1.5. Product Portfolio
12.1.6. Business Performance
12.1.7. Key Strategic Moves and Developments
12.2. Bosch Software Innovation GmbH
12.2.1. Company Overview
12.2.2. Key Executives
12.2.3. Company Snapshot
12.2.5. Product Portfolio
12.2.6. Business Performance
12.2.7. Key Strategic Moves and Developments
12.3. Cisco Systems, Inc.
12.3.1. Company Overview
12.3.2. Key Executives
12.3.3. Company Snapshot
12.3.5. Product Portfolio
12.3.6. R&D Expenditure
12.3.7. Business Performance
12.3.8. Key Strategic Moves and Developments
12.4. Google LLC
12.4.1. Company Overview
12.4.2. Key Executives
12.4.3. Company Snapshot
12.4.4. Operating Business Segments
12.4.5. Product Portfolio
12.4.6. R&D Expenditure
12.4.7. Business Performance
12.4.8. Key Strategic Moves and Developments
12.5. Hewlett Packard Enterprise
12.5.1. Company Overview
12.5.2. Key Executives
12.5.3. Company Snapshot
12.5.4. Operating Business Segments
12.5.5. Product Portfolio
12.5.6. R&D Expenditure
12.5.7. Business Performance
12.5.8. Key Strategic Moves and Developments
12.6. International Business Machine Corporation (Ibm)
12.6.1. Company Overview
12.6.2. Key Executives
12.6.3. Company Snapshot
12.6.4. Operating Business Segments
12.6.5. Product Portfolio
12.6.6. R&D Expenditure
12.6.7. Business Performance
12.6.8. Key Strategic Moves and Developments
12.7. Intel Corporation
12.7.1. Company Overview
12.7.2. Key Executive
12.7.3. Company Snapshot
12.7.4. Operating Business Segments
12.7.5. Product Portfolio
12.7.6. R&D Expenditure
12.7.7. Business Performance
12.7.8. Key Strategic Moves and Developments
12.8. Microsoft Corporation
12.8.1. Company Overview
12.8.2. Key Executives
12.8.3. Company Snapshot
12.8.4. Operating Business Segments
12.8.5. Product Portfolio
12.8.6. R&D Expenditure
12.8.7. Business Performance
12.8.8. Key Strategic Moves and Developments
12.9. Oracle Corporation
12.9.1. Company Overview
12.9.2. Key Executive
12.9.3. Company Snapshot
12.9.4. Operating Business Segments
12.9.5. Product Portfolio
12.9.6. R&D Expenditure
12.9.7. Business Performance
12.9.8. Key Strategic Moves and Developments
12.10. Sap Se
12.10.1. Company Overview
12.10.2. Key Executive
12.10.3. Company Snapshot
12.10.4. Operating Business Segments
12.10.5. Product Portfolio
12.10.6. R&D Expenditure
12.10.7. Business Performance
12.10.8. Key Strategic Moves and Developments
List of Tables
Table 01. Global IoT Market Revenue, by Component, 2020-2030 ($Million)
Table 02. Iot Market Revenue for Solution, by Region, 2020-2030 ($Million)
Table 03. Iot Market Revenue for Service, by Region, 2020-2030 ($Million)
Table 04. Global IoT Market Revenue, by Deployment, 2020-2030 ($Million)
Table 05. On-Premise-Based IoT Market Revenue, by Region, 2020-2030 ($Million)
Table 06. Cloud-Based IoT Market Revenue, by Region, 2020-2030 ($Million)
Table 07. Global IoT Market Revenue, by Organization Size, 2020-2030 ($Billion)
Table 08. Iot Market Revenue for Small- & Medium-Sized Enterprises, by Region, 2020–2030 ($Billion)
Table 09. Iot Market Revenue for Large Enterprises, by Region, 2020–2030 ($Billion)
Table 10. Global IoT Market Revenue, by Platform, 2020-2030 ($Million)
Table 11. Iot Market Revenue for Device Management, by Region, 2020-2030 ($Million)
Table 12. Iot Market Revenue for Application Management, by Region, 2020-2030 ($Million)
Table 13. Iot Market Revenue for Network Management, by Region, 2020-2030 ($Million)
Table 14. Iot Market Revenue, by Technology, 2020-2030 ($Billion)
Table 15. Iot Market Revenue for Radiofrequency Identification, by Region, 2020–2030 ($Billion)
Table 16. Iot Market Revenue for Pressure Sensor, by Region, 2020–2030 ($Billion)
Table 17. Iot Market Revenue for Network Communications, by Region, 2020–2030 ($Billion)
Table 18. Iot Market Revenue for Data Processing, by Region, 2020–2030 ($Billion)
Table 19. Iot Market Revenue for Near-Field Communications, by Region, 2020–2030 ($Billion)
Table 20. Iot Market Revenue, by Industry Vertical, 2020-2030 ($Billion)
Table 21. Iot Market Revenue for Manufacturing, by Region 2020–2030 ($Billion)
Table 22. Iot Market Revenue for Energy & Utility, by Region 2020–2030 ($Billion)
Table 23. Iot Market Revenue for Healthcare, by Region 2020–2030 ($Billion)
Table 24. Iot Market Revenue for Retail E-Commerce and Consumer Electronics, by Region 2020–2030 ($Billion)
Table 25. Iot Market Revenue for Transportation & Logistics, by Region 2020–2030 ($Billion)
Table 26. Iot Market Revenue for It and Telecom, by Region 2020–2030 ($Billion)
Table 27. Iot Market Revenue for Others, by Region 2020–2030 ($Billion)
Table 28. Iot Market Revenue, by Region, 2020–2030 ($Billion)
Table 29. North America IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 30. North America IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 31. North America IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 32. North America IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 33. North America IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 34. North America IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 35. North America IoT Market Revenue, by Country, 2020–2030 ($Billion)
Table 36. U.S IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 37. U.S IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 38. U.S IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 39. U.S IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 40. U.S IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 41. U.S IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 42. Canada IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 43. Canada IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 44. Canada IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 45. Canada IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 46. Canada IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 47. Canada IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 48. Europe IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 49. Europe IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 50. Europe IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 51. Europe IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 52. Europe IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 53. Europe IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 54. Europe IoT Market Revenue, by Country, 2020–2030 ($Billion)
Table 55. United Kingdom IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 56. United Kingdom IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 57. United Kingdom IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 58. United Kingdom IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 59. United Kingdom IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 60. United Kingdom IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 61. Germany IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 62. Germany IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 63. Germany IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 64. Germany IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 65. Germany IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 66. Germany IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 67. France IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 68. France IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 69. France IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 70. France IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 71. France IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 72. France IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 73. Italy IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 74. Italy IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 75. Italy IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 76. Italy IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 77. Italy IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 78. Italy IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 79. Spain IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 80. Spain IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 81. Spain IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 82. Spain IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 83. Spain IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 84. Spain IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 85. Rest of Europe IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 86. Rest of Europe IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 87. Rest of Europe IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 88. Rest of Europe IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 89. Rest of Europe IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 90. Rest of Europe IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 91. Asia-Pacific IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 92. Asia-Pacific IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 93. Asia-Pacific IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 94. Asia-Pacific IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 95. Asia-Pacific IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 96. Asia-Pacific IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 97. Asia-Pacific IoT Market Revenue, by Country, 2020–2030 ($Billion)
Table 98. China IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 99. China IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 100. China IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 101. China IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 102. China IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 103. China IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 104. India IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 105. India IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 106. India IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 107. India IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 108. India IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 109. India IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 110. Japan IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 111. Japan IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 112. Japan IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 113. Japan IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 114. Japan IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 115. Japan IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 116. South Korea IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 117. South Korea IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 118. South Korea IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 119. South Korea IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 120. South Korea IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 121. South Korea IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 122. Australia IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 123. Australia IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 124. Australia IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 125. Australia IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 126. Australia IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 127. Australia IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 128. Rest of Asia-Pacific IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 129. Rest of Asia-Pacific IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 130. Rest of Asia-Pacific IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 131. Rest of Asia-Pacific IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 132. Rest of Asia-Pacific IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 133. Rest of Asia-Pacific IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 134. Lamea IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 135. Lamea IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 136. Lamea IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 137. Lamea IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 138. Lamea IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 139. Lamea IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 140. Lamea IoT Market Revenue, by Country, 2020–2030 ($Billion)
Table 141. Latin America IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 142. Latin America IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 143. Latin America IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 144. Latin America IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 145. Latin America IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 146. Latin America IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 147. Middle East IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 148. Middle East IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 149. Middle East IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 150. Middle East IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 151. Middle East IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 152. Middle East IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 153. Africa IoT Market Revenue, by Component, 2020–2030 ($Billion)
Table 154. Africa IoT Market Revenue, by Deployment Mode, 2020–2030 ($Billion)
Table 155. Africa IoT Market Revenue, by Organization Size, 2020–2030 ($Billion)
Table 156. Africa IoT Market Revenue, by Platform, 2020–2030 ($Billion)
Table 157. Africa IoT Market Revenue, by Technology, 2020–2030 ($Billion)
Table 158. Africa IoT Market Revenue, by Industry Vertical, 2020–2030 ($Billion)
Table 159. Amazon Web Service. : Key Executives
Table 160. Amazon Web Service. : Company Snapshot
Table 161. Amazon Web Service: Operating Segments
Table 162. Amazon. Com, Inc. : Product Portfolio
Table 163. Bosch Software Innovation Gmbh: Key Executives
Table 164. Bosch Software Innovation Gmbh. : Company Snapshot
Table 166. Bosch. : Product Portfolio
Table 167. Cisco Systems, Inc. : Key Executives
Table 168. Cisco Systems, Inc. : Company Snapshot
Table 170. Cisco Systems, Inc. : Product Portfolio
Table 171. Google LLC: Key Executives
Table 172. Google Inc. : Company Snapshot
Table 173. Alphabet Inc. : Operating Segments
Table 174. Google LLC: Product Portfolio
Table 175. Hewlett Packard Enterprise: Key Executives
Table 176. Hewlett Packard Enterprise: Company Snapshot
Table 177. Hewlett Packard Enterprise: Operating Segments
Table 178. Hewlett Packard Enterprise: Product Portfolio
Table 179. International Business Machines Corporation: Key Executives
Table 180. International Business Machines Corporation: Company Snapshot
Table 181. International Business Machines Corporation: Operating Segments
Table 182. International Business Machines Corporation: Product Portfolio
Table 183. Intel Corporation: Key Executive
Table 184. Intel Corporation: Company Snapshot
Table 185. Intel Corporation: Product Category
Table 186. Intel Corporation: Product Portfolio
Table 187. Microsoft Corporation: Key Executives
Table 188. Microsoft Corporation: Company Snapshot
Table 189. Microsoft Corporation: Operating Segments
Table 190. Microsoft Corporation: Product Portfolio
Table 191. Oracle Corporation: Key Executive
Table 192. Oracle Corporation: Company Snapshot
Table 193. Oracle Corporation: Operating Segments
Table 194. Oracle Corporation: Product Portfolio
Table 195. Sap Se: Key Executive
Table 196. Sap Se: Company Snapshot
Table 197. Sap Se: Operating Segments
Table 198. Sap Se: Product Portfolio
List of Figures
Figure 01. Key Market Segments
Figure 02. Iot Market, 2020–2030
Figure 03. Iot Market, 2020–2030
Figure 04. Iot Market, 2020–2030
Figure 05. Top Impacting Factors
Figure 06. Top Investment Pockets
Figure 07. Moderate Bargaining Power of Suppliers
Figure 08. Moderate-To-High Bargaining Power of Buyers
Figure 09. Moderate-To-High Threat of Substitutes
Figure 10. Moderate-To-High Threat of New Entrants
Figure 11. High Competitive Rivalry
Figure 12. Industry Evolution: IoT Market
Figure 13. Market Dynamics
Figure 14. Iot Market, by Component, 2020–2030 ($ Million)
Figure 15. Comparative Share Analysis of IoT Market Revenue for Solution, by Country, 2020 & 2030(%)
Figure 16. Comparative Share Analysis of IoT Market Revenue for Service, by Country, 2020 & 2030(%)
Figure 17. Iot Market, by Deployment Mode, 2020–2030 ($ Million)
Figure 18. Comparative Share Analysis of On-Premise-Based IoT Market Revenue, by Country, 2020 & 2030(%)
Figure 19. Comparative Share Analysis of Cloud-Based IoT Market Revenue, by Country, 2020 & 2030(%)
Figure 20. Iot Market Revenue, by Organization Size, 2020–2030 ($ Billion)
Figure 21. Comparative Share Analysis IoT Market for Small- & Medium-Sized Enterprises, by Country, 2020 & 2030 (%)
Figure 22. Comparative Share Analysis of IoT Market for Large Enterprises, by Country, 2020 & 2030 (%)
Figure 23. Iot Market, by Platform, 2020–2030 ($ Million)
Figure 24. Comparative Share Analysis of IoT Market Revenue for Device Management,By Country, 2020 & 2030(%)
Figure 25. Comparative Share Analysis of IoT Market Revenue for Application Management, by Country, 2020 & 2030(%)
Figure 26. Comparative Share Analysis of IoT Market Revenue for Network Management, by Country, 2020 & 2030(%)
Figure 27. Iot Market Revenue, by Technology, 2020–2030 ($ Billion)
Figure 28. Comparative Share Analysis of IoT Market for Radiofrequency Identification, by Country, 2020 & 2030 (%)
Figure 29. Comparative Share Analysis of IoT Market for Pressure Sensor, by Country, 2020 & 2030 (%)
Figure 30. Comparative Share Analysis of IoT Market for Network Communications, by Country, 2020 & 2030 (%)
Figure 31. Comparative Share Analysis of IoT Market for Data Processing, by Country, 2020 & 2030 (%)
Figure 32. Comparative Share Analysis of IoT Market for Near-Field Communications, by Country, 2020 & 2030 (%)
Figure 33. Iot Market Revenue, by Industry Vertical, 2020–2030 ($ Billion)
Figure 34. Comparative Share Analysis of IoT Market for Manufacturing, by Country, 2020 & 2030(%)
Figure 35. Comparative Share Analysis of IoT Market for Energy & Utility, by Country, 2020 & 2030(%)
Figure 36. Comparative Share Analysis of IoT Market for Healthcare, by Country, 2020 & 2030(%)
Figure 37. Comparative Share Analysis of IoT Market for Retail and E Commerce, by Country, 2020 & 2030(%)
Figure 38. Comparative Share Analysis of IoT Market for Transportation & Logistics, by Country, 2020 & 2030(%)
Figure 39. Comparative Share Analysis of IoT Market for It and Telecom, by Country, 2020 & 2030(%)
Figure 40. Comparative Share Analysis of IoT Market for Others, by Country, 2020 & 2030(%)
Figure 41. U. S. IoT Market Revenue, 2020–2030 ($ Billion)
Figure 42. Canada IoT Market Revenue, 2020–2030 ($ Billion)
Figure 43. United Kingdom IoT Market Revenue, 2020–2030 ($ Billion)
Figure 44. Germany IoT Market Revenue, 2020–2030 ($ Billion)
Figure 45. France IoT Market Revenue, 2020–2030 ($ Billion)
Figure 46. Italy IoT Market Revenue, 2020–2030 ($ Billion)
Figure 47. Spain IoT Market Revenue, 2020–2030 ($ Billion)
Figure 48. Rest of Europe IoT Market Revenue, 2020–2030 ($ Billion)
Figure 49. China IoT Market Revenue, 2020–2030 ($ Billion)
Figure 50. India IoT Market Revenue, 2020–2030 ($ Billion)
Figure 51. Japan IoT Market Revenue, 2020–2030 ($ Billion)
Figure 52. South Korea IoT Market Revenue, 2020–2030 ($ Billion)
Figure 53. Australia IoT Market Revenue, 2020–2030 ($ Billion)
Figure 54. Rest of Asia-Pacific IoT Market Revenue, 2020–2030 ($ Billion)
Figure 55. Latin America IoT Market Revenue, 2020–2030 ($ Billion)
Figure 56. Africa IoT Market Revenue, 2020–2030 ($ Billion)
Figure 57. Africa IoT Market Revenue, 2020–2030 ($ Billion)
Figure 58. Key Player Positioning Analysis
Figure 59. Top Winning Strategies, by Year, 2018-2022
Figure 60. Top Winning Strategies, by Development, 2018-2022
Figure 61. Top Winning Strategies, by Company, 2018-2022
Figure 62. Competitive Dashboard
Figure 63. Competitive Dashboard
Figure 64. Competitive Heatmap of Key Players
Figure 65. Amazon. Com, Inc: Revenue, 2018–2020 ($ Million)
Figure 66. Amazon. Com, Inc: Revenue Share by Segment, 2020 (%)
Figure 67. R&D Expenditure, 2018–2020 ($ Million)
Figure 68. Bosch: Revenue, 2018–2020 ($ Million)
Figure 69. Bosch: Revenue Share by Segment, 2020 (%)
Figure 70. Bosch: Revenue Share by Region, 2020 (%)
Figure 71. R&D Expenditure, 2018–2020 ($ Million)
Figure 72. Cisco Systems, Inc: Revenue, 2018–2020 ($ Million)
Figure 73. Cisco Systems, Inc: Revenue Share by Segment, 2020 (%)
Figure 74. Cisco Systems, Inc: Revenue Share by Region, 2020 (%)
Figure 75. R&D Expenditure, 2018–2020 ($ Million)
Figure 76. Alphabet Inc: Revenue, 2018–2020 ($ Million)
Figure 77. Alphabet Inc: Revenue Share by Segment, 2020 (%)
Figure 78. Alphabet Inc: Revenue Share by Region, 2020 (%)
Figure 79. R&D Expenditure, 2018–2020 ($ Million)
Figure 80. Hewlett Packard Enterprise: Revenue, 2018–2020 ($ Million)
Figure 81. Hewlett Packard Enterprise: Revenue Share by Segment, 2020 (%)
Figure 82. Hewlett Packard Enterprise: Revenue Share by Geography, 2020 (%)
Figure 83. R&D Expenditure, 2018–2020 ($ Million)
Figure 84. International Business Machines Corporation: Revenue, 2018–2020 ($ Million)
Figure 85. International Business Machines Corporation: Revenue Share by Segment, 2020 (%)
Figure 86. International Business Machines Corporation: Revenue Share by Region, 2020 (%)
Figure 87. R&D Expenditure, 2018-2020 ($ Million)
Figure 88. Intel Corporation: Revenue, 2018–2020 ($ Million)
Figure 89. Intel Corporation: Revenue Share by Segment, 2020 (%)
Figure 90. Intel Corporation: Revenue Share by Region, 2020 (%)
Figure 91. R&D Expenditure, 2018–2020 ($ Million)
Figure 92. Microsoft Corporation: Revenue, 2018–2020 ($ Million)
Figure 93. Microsoft Corporation: Revenue Share by Segment, 2020 (%)
Figure 94. Microsoft Corporation: Revenue Share by Region, 2020 (%)
Figure 95. R&D Expenditure, 2018–2020 ($ Million)
Figure 96. Oracle Corporation: Revenue, 2018–2020 ($ Million)
Figure 97. Oracle Corporation: Revenue Share by Segment, 2020 (%)
Figure 98. Oracle Corporation: Revenue Share by Region, 2020 (%)
Figure 99. R&D Expenditure, 2018–2020 ($ Million)
Figure 100. Sap Se: Revenue, 2018–2020 ($ Million)
Figure 101. Sap Se: Revenue Share by Segment, 2020 (%)
Figure 102. Sap Se: Revenue Share by Region, 2020 (%)

Executive Summary

According to a recent report titled, “IoT Market Analysis by Component, Deployment Mode, Organization Size, Platform, Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030,”

The global IoT market size was valued at $740.47 billion in 2020, and is projected to reach $4,421.62 billion by 2030, growing at a CAGR of 19.67% from 2021 to 2030.

Advancements in industrial-grade digital technology, increase in inclination toward cloud-based IoT software, and rise in need for improved supply chain & customer relation management majorly contribute toward growth of the global IoT market. IoT helps people live and work smarter, as well as gain complete control over their lives in addition to offering smart devices to automate homes, which is becoming primary need of customers. Furthermore, IoT provides businesses with a real-time look into how their systems really work, delivering insights into everything from the performance of machines to supply chain and logistics operations. Moreover, IoT enables companies to automate processes and reduce labor costs. It further cuts down on waste and improves service delivery, making it less expensive to manufacture and deliver goods, as well as offering transparency into customer transactions, which will creative lucrative opportunities for the global market growth.

On the basis of component, the solution segment dominated the overall IoT industry in 2020, and is expected to continue this IoT market trends during the forecast period. This is attributed to increase in adoption of IoT solution among business to gain strategic as well as competitive advantage and strong customer retention over their competitors. In addition, these solutions save both time as well as money, leverage existing data investments, and improve image analysis capabilities, with just a single solution. Which provides lucrative opportunities for the market growth. However, the service segment is expected to witness highest IoT market growth, as service segment of IoT industry ensures effective coordination between software provider companies and users of IoT solution by providing services such as implementation, training, consulting services, and managed services. The adoption of these software speeds up the customer satisfaction of various industrial verticals such as energy & utilities, IT & telecommunication, and healthcare, which maximizes the value of existing customer by optimizing their needs and minimizes the cost of operation. This further fuel the adoption of services that are needed to handle the software properly.

Depending on deployment mode, the on-premise segment garnered the largest share in 2020, and is expected to continue this trend during the forecast period. This is attributed to numerous benefits provided by this on-premise deployment such as high level of data security and safety. However, the cloud segment is expected to witness highest growth in the upcoming years. As cloud deployment does not need any investment in IT infrastructure as all data is stored on cloud server, which increases the demand for of IoT software in small and medium scale organizations.

As per IoT market forecast post COVID-19, the global IoT market size is estimated to grow from $878.49 billion in 2021, and reach $4,421.62 billion by 2030, at a CAGR of 19.67%.

COVID-19, as a macroeconomic shock, has impacted not only individual behaviors but also enforced governments and organizations to change their policies and priorities. This is fueling the adoption of IoT and other technologies in many areas, especially in healthcare and smart cities. On the other hand, financial stress brought by the global recession has adversely impacted the technological adoption in short term in some sectors such as transportation. However, in the mid- to long-term when financial stress is eased, this pandemic is expected to accelerate IoT adoption in a broader range of sectors. The changes in consumer behavior, government policies, and organization priorities open a range of opportunities to adopt IoT for innovative solutions to prepare for the new normal Many of the changes in this new normal such as remote work and telehealth are expected to stay even after people get over the pandemic

Key Findings Of The Study


  • By component, the solution segment dominated the Internet of Things Industry in 2020 However, the service segment is expected to exhibit significant growth during the forecast period
  • On the basis of Deployment Mode, the on premise segment accounted for the highest revenue of market in 2020; however, the cloud segment is expected to witness the highest growth rate during the forecast period
  • Depending on organizational size, the large scale segment generated the highest revenue in 2020 However, the SMEs segment is expected to witness the highest growth rate in the near future
  • By platform, the network management segment dominated the Internet of Things Industry in 2020 However, the application management segment is expected to exhibit significant growth during the forecast period
  • By technology, the network communications segment dominated the IoT market in 2020 However, the near field communications segment is expected to exhibit significant growth during the forecast period
  • Depending on industry vertical, the manufacturing segment generated the highest revenue in 2020 However, the healthcare segment is expected to witness the highest growth rate in the near future
  • Region wise, the IoT industry was dominated by North America However, Asia-Pacific is expected to witness significant growth in the coming years
  • This report gives an in-depth profile of some key market players in the IoT industry are Intel Corporation, Sap Se, Cisco Systems Inc, Microsoft Corporation, Oracle Corporation, IBM Corporation, Google LLC, Hewlett-Packard Enterprise, Amazon Web Services Inc., and Bosch Software Innovation GmbH This study includes market trends, market analysis, and future estimations to determine the imminent investment pockets

Companies Mentioned

  • Intel Corporation
  • SAP SE
  • Cisco Systems Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • IBM Corporation
  • Google LLC
  • Hewlett-Packard Enterprise
  • Amazon Web Services Inc.
  • Bosch Software Innovation GmbH

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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