PUBLISHER: TechNavio | PRODUCT CODE: 2144659
PUBLISHER: TechNavio | PRODUCT CODE: 2144659
The global internet of things (IOT) market is forecasted to grow by USD 2222.5 bn during 2025-2030, accelerating at a CAGR of 19.4% during the forecast period. The report on the global internet of things (IOT) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of industrial automation initiatives, rising adoption of connected healthcare and smart infrastructure applications, advancements in cloud computing and communication networks.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 17.4% |
| CAGR | 19.4% |
| Incremental Value | $2222.5 bn |
Technavio's global internet of things (IOT) market is segmented as below:
By Application
By Technology
By Connectivity
Geography
This study identifies the shift toward edge-native processing architectures as one of the prime reasons driving the global internet of things (IOT) market growth during the next few years. Also, shift toward platform consolidation and ecosystem convergence and growth of outcome-based connected service models will lead to sizable demand in the market.
The report on the global internet of things (IOT) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global internet of things (IOT) market vendors that include ABB Ltd., Advantech Co. Ltd., Amazon Web Services Inc., Arm Ltd., Cisco Systems Inc., Emerson Electric Co., Google LLC, Hitachi Ltd., Honeywell International Inc., IBM Corp., Intel Corp., Microsoft Corp., Oracle Corp., PTC Inc., Qualcomm Inc., SAP SE, Schneider Electric SE, Semtech Corp., Siemens AG, Software AG, STMicroelectronics NV. Also, the global internet of things (IOT) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.