The Global IoT in Community Cloud Market is valued approximately at USD 8.55 billion in 2024 and is anticipated to grow with a growth rate of more than 29.20% over the forecast period 2025-2035. IoT in community cloud refers to the convergence of internet-connected devices and community-based cloud infrastructure that is shared across organizations with similar requirements or regulatory considerations. Unlike public clouds, which are open to multiple industries, or private clouds, which are dedicated to a single entity, community clouds balance cost-effectiveness with tailored compliance. They allow businesses to pool resources, improve collaboration, and manage connected ecosystems efficiently. The market growth is being accelerated by the rapid adoption of cloud-native IoT platforms, the mounting need for secure and scalable data storage solutions, and the rising demand for real-time analytics across enterprises.
The swift rise in connected devices, along with surging volumes of data they generate, has compelled enterprises to embrace community cloud solutions that provide both agility and shared infrastructure efficiency. Industries are shifting workloads into these environments to reduce operational costs while ensuring compliance with industry standards. According to global IT spending reports, cloud-based data solutions are experiencing double-digit growth annually, driven by digital transformation across manufacturing, BFSI, healthcare, and government sectors. Moreover, advances in AI, edge computing, and 5G are boosting the value proposition of IoT-driven community cloud ecosystems. Yet, challenges remain around interoperability, migration complexities, and concerns regarding multi-tenancy security, which could slow down adoption if not addressed strategically.
The detailed segments and sub-segments included in the report are:
By Component:
- Hardware
- Software
- Services
By Application:
- Cloud-based Storage
- Cloud Backup & Recovery
By End-use:
- (Segmented as per industries adopting IoT in Community Cloud)
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Software is expected to dominate the IoT in community cloud market throughout the forecast period. As IoT devices proliferate, organizations are investing heavily in software platforms that orchestrate device connectivity, analytics, and security within a shared cloud environment. Advanced middleware, API management, and integration layers allow enterprises to derive actionable insights from IoT data, enabling operational efficiency and better decision-making. This dominance is further amplified by the rising need for automation, AI-driven insights, and regulatory compliance that software solutions are uniquely positioned to deliver. While hardware provides the backbone and services facilitate deployment, software is at the heart of enabling scalable IoT-driven community cloud ecosystems.
- Currently, cloud-based storage applications contribute the largest revenue share in the market, supported by the exponential growth of IoT-generated data. Enterprises require reliable, scalable, and secure storage systems that allow multiple stakeholders to access shared data environments. Community cloud storage solutions offer not only cost savings but also tailored governance structures that meet industry-specific regulations. At the same time, cloud backup and recovery solutions are emerging rapidly, driven by the critical need for business continuity and disaster resilience in IoT deployments. Thus, storage dominates in revenue terms today, while backup and recovery represent a strong growth frontier.
- The key regions considered for the Global IoT in Community Cloud Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America leads the market in 2025, attributed to mature IT ecosystems, strong investments in digital infrastructure, and robust adoption of community cloud frameworks across healthcare, finance, and government. Europe follows closely, underpinned by strict regulatory compliance and cross-industry collaborations that are shaping cloud policies. Meanwhile, Asia Pacific is projected to be the fastest-growing region, as rapid industrialization, growing IoT adoption, and government-backed smart initiatives in China and India create fertile ground for community cloud adoption. Latin America and the Middle East & Africa are also showing steady growth, driven by ongoing digital transformation and increasing cloud service investments.
Major market players included in this report are:
- Microsoft Corporation
- Cisco Systems, Inc.
- Amazon Web Services, Inc.
- IBM Corporation
- Oracle Corporation
- Huawei Technologies Co., Ltd.
- SAP SE
- Dell Technologies Inc.
- VMware, Inc.
- Google LLC
- Hewlett Packard Enterprise Development LP
- Salesforce, Inc.
- Ericsson AB
- Siemens AG
- Hitachi, Ltd.
Global IoT in Community Cloud Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2025 to 2035.
- Annualized revenues and regional-level analysis for each market segment.
- Detailed analysis of the geographical landscape with country-level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of the competitive structure of the market.
- Demand side and supply side analysis of the market.