IOT Market Size, Share, Analysis Report

IOT Market Size By Type (Platform, Solution & Services ), By Application (Building And Home Automation, Smart Energy And Utilities, Smart Manufacturing, Connected Logistics, Smart Retail, Smart Mobility , Transportation), By End User (BFSI, Retail, Government, Healthcare, Manufacturing, Agriculture, Sustainable Energy, Transportation, IT & Telecom), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global IOT Market is expected to exceed USD 147.00 Billion by 2027, with CAGR at 4% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

4

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The global IOT Market is expected to exceed USD 147.00 Billion by 2027, with CAGR at 4% in the given forecast period. 

Internet of Things (IoT) includes the devices, services and solutions that have connectivity feature with internet. The devices are embedded with sensors, chips, et al. to boost the user’s experience. These devices and services are economical to work varied tasks with less time overwhelming methods.

The growing trend of internet enabled devices and rising would like of internet connectivity are a number of the foremost factors that are anticipated the positive growth of internet of things market globally. Technological advancements in semiconductors provide the benefits to develop lightweight and economical devices that are abundant smarter than the traditional and heavy devices. Fast advancements in producing, electronics and IT sectors across the world are gaining traction from consumers that successively intense the demand for internet of things (IoT). Increasing usage of internet together with rising penetration of smart phone users round the world is one among the prime factors behind the positive growth of this business.

The global IOT market is segregated on the basis of Type as Platform and Solution & Services. Based on Application the global IOT market is segmented in Building and Home Automation, Smart Energy And Utilities, Smart Manufacturing, Connected Logistics, Smart Retail, Smart Mobility, and Transportation. Based on End User the global IOT market is segmented in BFSI, Retail, Government, Healthcare, Manufacturing, Agriculture, Sustainable Energy, Transportation, IT & Telecom, and Others.

The global IOT market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The IOT market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Amazon, AT&T Inc, Bosch Software Innovations GmbH, Cisco Systems, Huawei Technologies, and others are among the major players in the global IOT market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The IOT Market has been segmented as below:

IOT Market, By Type

  • Platform
  • Solution & Services

IOT Market, By Application

  • Building and Home Automation
  • Smart Energy and Utilities
  • Smart Manufacturing
  • Connected Logistics
  • Smart Retail
  • Smart Mobility
  • Transportation

IOT Market, By End User

  • BFSI
  • Retail
  • Government
  • Healthcare
  • Manufacturing
  • Agriculture
  • Sustainable Energy
  • Transportation
  • IT & Telecom
  • Others

IOT Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

IOT Market, By Company

  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • Amazon
  • AT&T Inc
  • Bosch Software Innovations GmbH
  • Cisco Systems
  • Huawei Technologies

The report covers:

  • Global IOT market sizes from 2018 to 2027, along with CAGR for 2022-2027
  • Market size comparison for 2020 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
  • Global IOT market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IOT market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global IOT market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IOT market share. Major industry players with significant revenue share include IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Amazon, AT&T Inc, Bosch Software Innovations GmbH, Cisco Systems, Huawei Technologies, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the IOT industry trends
  • Find complete analysis on the market status
  • Identify the IOT market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Customization

Customized report as per the requirement can be offered with appropriate recommendations.

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1. Introduction

   1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders

2. Research Methodology

    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
        2.4.1 Secondary Research
        2.4.2 Primary Research
        2.4.3 Models for Estimation
    2.5 Market Size Estimation
        2.5.1 Bottom-Up Approach – Segmental Market Analysis
        2.5.2 Top-Down Approach – Parent Market Analysis

3. Executive Summary

4. Market Overview

    4.1 Introduction
        4.2.1 Drivers
        4.2.2 Restraints
        4.2.3 Opportunities
        4.2.4 Challenges
    4.2 Porter’s Five Force Analysis

5. IOT Market, By Type

    5.1 Introduction
    5.2 Platform
        5.2.1 Market Overview
        5.2.2 Market Size and Forecast
    5.3 Solution & Services
        5.3.1 Market Overview
        5.3.2 Market Size and Forecast

6. IOT Market, By Application

   6.1 Introduction
    6.2 Building And Home Automation
        6.2.1 Market Overview
        6.2.2 Market Size and Forecast
    6.3 Smart Energy And Utilities
        6.3.1 Market Overview
        6.3.2 Market Size and Forecast
    6.4 Smart Manufacturing
        6.4.1 Market Overview
        6.4.2 Market Size and Forecast
    6.5 Connected Logistics
        6.5.1 Market Overview
        6.5.2 Market Size and Forecast
    6.6 Smart Retail
        6.6.1 Market Overview
        6.6.2 Market Size and Forecast
    6.7 Smart Mobility
        6.7.1 Market Overview
        6.7.2 Market Size and Forecast
    6.8 Transportation
        6.8.1 Market Overview
        6.8.2 Market Size and Forecast

7. IOT Market, By End User

   7.1 Introduction
    7.2 BFSI
        7.2.1 Market Overview
        7.2.2 Market Size and Forecast
    7.3 Retail
        7.3.1 Market Overview
        7.3.2 Market Size and Forecast
    7.4 Government
        7.4.1 Market Overview
        7.4.2 Market Size and Forecast
    7.5 Healthcare
        7.5.1 Market Overview
        7.5.2 Market Size and Forecast
    7.6 Manufacturing
        7.6.1 Market Overview
        7.6.2 Market Size and Forecast
    7.7 Agriculture
        7.7.1 Market Overview
        7.7.2 Market Size and Forecast
    7.8 Sustainable Energy
        7.8.1 Market Overview
        7.8.2 Market Size and Forecast
    7.9 Transportation
        7.9.1 Market Overview
        7.9.2 Market Size and Forecast
    7.10 IT & Telecom
        7.10.1 Market Overview
        7.10.2 Market Size and Forecast
    7.11 Others
        7.11.1 Market Overview
        7.11.2 Market Size and Forecast

8. IOT Market, By Geography

   8.1 Introduction
    8.2 North America
        8.2.1 North America IOT, By Type
        8.2.2 North America IOT, By Application
        8.2.3 North America IOT, By End User
    8.3 Europe
        8.3.1 Europe IOT, By Type
        8.3.2 Europe IOT, By Application
        8.3.3 Europe IOT, By End User
    8.4 Asia-Pacific
        8.4.1 Asia-Pacific IOT, By Type
        8.4.2 Asia-Pacific IOT, By Application
        8.4.3 Asia-Pacific IOT, By End User
    8.5 Rest of the World
        8.5.1 Rest of the World IOT, By Type
        8.5.2 Rest of the World IOT, By Application
        8.5.3 Rest of the World IOT, By End User

9. Competitive Insights

    9.1 Key Insights
    9.2 Company Market Share Analysis
    9.3 Strategic Outlook
        9.3.1 Mergers & Acquisitions
        9.3.2 New Product Development
        9.3.3 Portfolio/Production Capacity Expansions
        9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
        9.3.5 Others

10. Company Profiles

    10.1 IBM Corporation
        10.1.1 Company Overview
        10.1.2 Product/Service Landscape
        10.1.3 Financial Overview
        10.1.4 Recent Developments
    10.2 Intel Corporation
        10.2.1 Company Overview
        10.2.2 Product/Service Landscape
        10.2.3 Financial Overview
        10.2.4 Recent Developments
    10.3 Microsoft Corporation
        10.3.1 Company Overview
        10.3.2 Product/Service Landscape
        10.3.3 Financial Overview
        10.3.4 Recent Developments
    10.4 Oracle Corporation
        10.4.1 Company Overview
        10.4.2 Product/Service Landscape
        10.4.3 Financial Overview
        10.4.4 Recent Developments
    10.5 SAP SE
        10.5.1 Company Overview
        10.5.2 Product/Service Landscape
        10.5.3 Financial Overview
        10.5.4 Recent Developments
    10.6 Amazon
        10.6.1 Company Overview
        10.6.2 Product/Service Landscape
        10.6.3 Financial Overview
        10.6.4 Recent Developments
    10.7 AT&T Inc
        10.7.1 Company Overview
        10.7.2 Product/Service Landscape
        10.7.3 Financial Overview
        10.7.4 Recent Developments
    10.8 Bosch Software Innovations GmbH
        10.8.1 Company Overview
        10.8.2 Product/Service Landscape
        10.8.3 Financial Overview
        10.8.4 Recent Developments
    10.9 Cisco Systems
        10.9.1 Company Overview
        10.9.2 Product/Service Landscape
        10.9.3 Financial Overview
        10.9.4 Recent Developments
    10.10 Huawei Technologies
        10.10.1 Company Overview
        10.10.2 Product/Service Landscape
        10.10.3 Financial Overview

The IOT Market has been segmented as below:

IOT Market, By Type

  • Platform
  • Solution & Services

IOT Market, By Application

  • Building and Home Automation
  • Smart Energy and Utilities
  • Smart Manufacturing
  • Connected Logistics
  • Smart Retail
  • Smart Mobility
  • Transportation

IOT Market, By End User

  • BFSI
  • Retail
  • Government
  • Healthcare
  • Manufacturing
  • Agriculture
  • Sustainable Energy
  • Transportation
  • IT & Telecom
  • Others

IOT Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

IOT Market, By Company

  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • Amazon
  • AT&T Inc
  • Bosch Software Innovations GmbH
  • Cisco Systems
  • Huawei Technologies

Got a question? We've got answers. If you have some other questions, see our support center.

The market is expected to grow at a CAGR of 4% during the study period (2022-2027)
The global IOT Market is expected to exceed USD 147.90 Billion by 2027
The segment included in Internet of Things (IoT) Market is Type, Application, End User and Region.
Some key players operating in the Internet of Things (IoT) Market include IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Amazon, AT&T Inc, Bosch Software Innovations GmbH, Cisco Systems, Huawei Technologies
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