PUBLISHER: The Business Research Company | PRODUCT CODE: 2161023
PUBLISHER: The Business Research Company | PRODUCT CODE: 2161023
Internet of things (IoT) application enablement refers to a software platform that provides the tools, services, and infrastructure necessary to develop, deploy, manage, and integrate IoT applications and connected devices. It facilitates secure device connectivity, data collection, analytics, application development, and integration with enterprise systems, enabling organizations to efficiently develop and scale IoT solutions across various use cases.
The primary components of Internet of Things (IoT) application enablement include platforms and services. Platforms refer to software environments that provide tools and capabilities for developing, integrating, managing, and supporting Internet of Things (IoT) applications and connected devices. These solutions are deployed through on-premises and cloud models. They are adopted by small and medium enterprises and large enterprises and are used by end users across banking, financial services, and insurance (BFSI), healthcare, retail, manufacturing, information technology (IT) and telecommunications, and other sectors.
Tariffs are influencing the internet of things (IoT) application enablement market by increasing the cost of imported IoT gateways, connectivity modules, sensors, networking equipment, and semiconductor components used to support connected applications. This is increasing deployment expenses and potentially slowing IoT investments across residential, commercial, and industrial applications, particularly in regions reliant on imported technology such as North America, Europe, and Asia-Pacific. Hardware-intensive areas, including device connectivity infrastructure and IoT gateway equipment, are most affected because of global electronics supply chain dependencies. However, tariffs are also encouraging regional sourcing, domestic IoT hardware production, and greater investment in locally developed software platforms, creating opportunities for stronger supply chain resilience.
The internet of things (iot) application enablement market research report is one of a series of new reports from The Business Research Company that provides internet of things (iot) application enablement market statistics, including internet of things (iot) application enablement industry global market size, regional shares, competitors with a internet of things (iot) application enablement market share, detailed internet of things (iot) application enablement market segments, market trends and opportunities, and any further data you may need to thrive in the internet of things (iot) application enablement industry. This internet of things (iot) application enablement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The internet of things (IoT) application enablement market size has grown exponentially in recent years. It will grow from $9.59 billion in 2025 to $11.8 billion in 2026 at a compound annual growth rate (CAGR) of 23.0%. The growth in the historic period can be attributed to increasing deployment of connected devices, growing adoption of IoT applications, rising demand for remote device management, increasing need for IoT data integration, and growing use of cloud-based IoT platforms.
The internet of things (IoT) application enablement market size is expected to see exponential growth in the next few years. It will grow to $26.68 billion in 2030 at a compound annual growth rate (CAGR) of 22.6%. The growth during the forecast period can be attributed to increasing demand for scalable IoT application development, growing adoption of secure IoT connectivity, rising demand for real-time IoT data analytics, increasing integration of IoT platforms with enterprise systems, and growing demand for automated IoT application management. Major trends during the forecast period include increasing adoption of unified IoT application enablement platforms, growing demand for secure device connectivity management, rising integration of IoT data collection and analytics tools, increasing demand for scalable IoT application development environments, and growing adoption of enterprise IoT system integration capabilities.
The expansion of industrial Internet of Things (IIoT) devices is expected to propel the growth of the Internet of Things (IoT) application enablement market going forward. Industrial Internet of Things (IIoT) devices refer to connected sensors, controllers, machines, and industrial equipment that collect, exchange, and analyze data to enhance operational efficiency, automation, and decision-making in industrial environments. The expansion of IIoT devices is driven by the increasing adoption of industrial automation, as industries are deploying connected sensors, smart machines, and automated control systems to improve operational efficiency. The expansion of industrial Internet of Things (IIoT) devices is driving demand for Internet of Things (IoT) application enablement platforms by increasing the need for scalable device connectivity, real-time data processing, seamless integration, and centralized application management across industrial environments. For instance, in May 2026, according to the GSM Association (GSMA), a UK-based non-profit industry organization, the industry surpassed 1 billion cellular Low Power Wide Area (LPWA) IoT connections by the end of 2025, reflecting the rapid expansion and growing adoption of IoT connectivity worldwide. Therefore, the expansion of industrial Internet of Things (IIoT) devices is driving the growth of the Internet of Things (IoT) application enablement market.
Major companies operating in the Internet of Things (IoT) application enablement market are concentrating on developing innovative solutions, such as AI-enabled IoT platforms, to simplify IoT deployment, strengthen real-time data analytics, and optimize connected device management. AI-enabled IoT platforms are software solutions that combine artificial intelligence with Internet of Things (IoT) technologies to collect, analyze, and manage data generated by connected devices, enabling intelligent automation, real-time insights, and improved decision-making. For instance, in October 2025, Telia Company AB, a Sweden-based telecommunications company, launched the Telia IoT Platform and Telia IoT Monitoring service. The platform enables enterprises to securely connect, manage, visualize, and analyze data from connected devices through integrated AI capabilities, simplifying the deployment and expansion of IoT applications. The accompanying Telia IoT Monitoring service provides real-time monitoring, alerts, and operational insights, helping organizations optimize asset performance, enhance decision-making, and accelerate digital transformation.
In March 2026, SUSE Group SE and Co. KGaA, a Luxembourg-based open-source software enterprise, acquired Losant IoT Inc. for an undisclosed amount. Through the acquisition, SUSE Group SE and Co. KGaA intend to enhance their edge computing and industrial automation capabilities by integrating Losant IoT Inc.'s low-code IoT application enablement platform. This integration will enable organizations to build, deploy, and manage connected industrial applications more efficiently across edge and cloud environments. Losant IoT Inc. is a US-based IoT technology company specializing in application enablement, device connectivity, and real-time data processing solutions for industrial and enterprise applications.
Major companies operating in the internet of things (iot) application enablement market are Amazon Web Services Inc., Microsoft Corporation, Google LLC, NVIDIA Corporation, Siemens AG, Qualcomm Incorporated, Cisco Systems Inc., Oracle Corporation, Huawei Technologies Co. Ltd., Honeywell International Inc., SAP SE, Samsara Inc., Cumulocity GmbH, Telit Cinterion, Aeris Communications Inc., Soracom Inc., Particle Industries Inc., KaaIoT Technologies LLC, Losant IoT Inc., Blynk Inc., ThingsBoard Inc., Davra Networks Limited
Asia-Pacific was the dominating region in the internet of things (iot) application enablement market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the internet of things (iot) application enablement market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the internet of things (iot) application enablement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The internet of things (IoT) application enablement market consists of revenues earned by entities by providing services such as device connectivity and lifecycle management services, data collection, processing, and analytics services, cloud integration and application programming interface management services, and internet of things security, monitoring, and platform support services. The market value includes the value of related goods sold by the service provider or included within the service offering. The internet of things (IoT) application enablement market also includes sales of device management software, iot middleware platforms, edge computing gateways, and internet of things connectivity management software. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Internet Of Things (IoT) Application Enablement Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses internet of things (iot) application enablement market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for internet of things (iot) application enablement? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The internet of things (iot) application enablement market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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