Report overview
The growth of the IoT technology market can be attributed to the growing market of connected devices and increasing investments in the IoT industry.
This report aims to provide a comprehensive presentation of the global market for Internet of Things Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Internet of Things Technology. This report contains market size and forecasts of Internet of Things Technology in global, including the following market information:
Global Internet of Things Technology Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Internet of Things Technology market was valued at US$ 280220 million in 2023 and is projected to reach US$ 971000 million by 2029, at a CAGR of 19.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America held the largest share of the IoT technology market in 2016 owing to the strategic initiatives taken by many large American technology firms.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Internet of Things Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Internet of Things Technology Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Internet of Things Technology Market Segment Percentages, by Type, 2023 (%)
Node Component
Network Infrastructure
Software Solution
Platform
Global Internet of Things Technology Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Internet of Things Technology Market Segment Percentages, by Application, 2023 (%)
Industry
Household Appliances
Retail
Oil And Gas
Agricultural
Global Internet of Things Technology Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Internet of Things Technology Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Internet of Things Technology revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Internet of Things Technology revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
INTEL
QUALCOMM
TEXAS INSTRUMENTS
INTERNATIONAL BUSINESS MACHINES (IBM)
STMICROELECTRONICS
GENERAL ELECTRIC (GE)
HEWLETT PACKARD ENTERPRISE (HPE)
CISCO SYSTEMS
MICROSOFT
AMAZON WEB SERVICES (AWS)
SYMANTEC
PTC
ALPHABET
Outline of Major Chapters:
Chapter 1: Introduces the definition of Internet of Things Technology, market overview.
Chapter 2: Global Internet of Things Technology market size in revenue.
Chapter 3: Detailed analysis of Internet of Things Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Internet of Things Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
