Internet of Things Market was valued at USD 362.23 Billion in 2022, and it is expected to reach USD 1,174.58 Billion by 2029, exhibiting a CAGR of 18.3% during the forecast period (2023-2029) The Internet of things (IoT) is a global infrastructure for the information society that connects objects to enable improved services based on existing and emerging interoperable information and communication technologies. It can link anything to the Internet using predefined protocols and information-sensing equipment to transmit data to achieve smart recognition, location, tracking, monitoring, and administration. The increasing demand for Internet of things (IoT) solutions is being driven by the rising requirement for IoT security, low operational costs, and increased usage of IoT technologies in the healthcare sector. However, a scarcity of IoT professionals, as well as an uncertain legal and compliance environment are impeding industry growth. The report has also covered the growing use of blockchain-based IoT solutions for smart contracts and edge computing, which has been opening new opportunities for IoT suppliers and end users. As technology advances, component costs fall, allowing for the widespread adoption of IoT endpoints across sectors. For example, the commercialization of 5G has increased connectivity and accelerated the use of cellular IoT modules, particularly in the automobile sector. Smart home gadget shipments are expected to reach 1.8 billion by 2025 as a result of growing home automation with IoT. Aside from automated houses, IoT technologies are commonly employed in smart agriculture, with precision farming equipment equipped with specialised sensors to monitor fields. They monitor the crop and automate precise watering and fertilising for long-term food production. The Internet of Things' penetration in many facets of our life brings together data to enhance infrastructure, public utilities, and services, as well as giving rise to the construction of smart cities.To know about the Research Methodology :- Request Free Sample Report
Internet of Things (IoT) Market Dynamics
Growing Need for IoT Security to Drive the Internet of Things (IoT) Industry The increased global Internet penetration and progress in Internet speed have accelerated the development of technologies such as IoT. With the fulfillment of essential IoT criteria, namely, progress in speed, it is being employed in various technical applications and issue resolution without the participation of people. IoT is utilized in technical applications and the day-to-day operations of modern living, automating them. It saves a lot of time and is accurate, making it a convenient alternative. Everyday tasks like automating home lighting can be automated and controlled via IoT, but because IoT devices are controlled via the network, they are vulnerable to security attacks because they are a combination of various technologies like communication technology, information technology, electronic sensors, and actuator technology. As a result, any form of security attack is feasible, and the IoT-enabled equipment may also be controlled, necessitating the need for IoT security. Blockchain technology is one of the most important answers to IoT security problems. Blockchain technology is used to track sensor data and prevent it from being duplicated with other harmful data. Sensors may communicate data over a blockchain instead of going through a third party to establish trust. As a result, the increased need for IoT security is expected to drive the global Internet of Things (IoT) market over the forecast period.Growth of the IoT Market Thanks to Low Operational Costs The majority of the time, network technologies necessitate high operating and maintenance expenditures. In the case of IoT devices, however, the sensors and overall assembly are simple to use and inexpensive. Furthermore, IoT devices may be made interoperable with current networking equipment and appliances, making them immediately cost-effective. The majority of IoT solutions now in use rely on centralized servers. Sensor devices in IoT systems collect information from targeted objects and transmit it to a central server over a wired/wireless network known as the Internet. Analytics are conducted from a centralized server based on user needs and convenience. IoT systems execute the analysis in large-scale applications, and present Internet infrastructure processing capabilities may not support them efficiently. The data flow is on a distributed ledger, which is tamper-proof and prevents misunderstanding and incorrect data authentication, lowering the operational cost of the IoT system even for large-scale systems. As a result, the reduced operational expenses are expected to boost the global IoT market during the forecast period. Increased Use of IoT Technology in the Healthcare Sector The Internet of Things (IoT) refers to a network of physical objects that are linked to the Internet. These physical objects are equipped with technology that enables them to interact with both internal and external factors. IoT is utilized in retail, transportation, agriculture, smart home, smart city, lifestyle, supply chains, emergencies, healthcare, the environment, and energy. The use of IoT in healthcare has increased considerably in recent years and is projected to increase more in the future. Some of the numerous benefits provided by IoT in the field of healthcare include tracking of things, personnel, and patients; identification and authentication of individuals; autonomous data collection; and sensing. By delivering these benefits, IoT in healthcare is critical choice for managing the expenses associated with diverse healthcare systems. In healthcare, IoT enables stakeholders, particularly providers and patients, to improve patient care and outcomes, save costs, reduce mistakes, enhance the patient experience, and provide better disease management. With IoT products and services, advanced technology is replacing traditional diagnosis and treatment approaches. Hospitals, healthcare professionals, clinics, and patients are among the healthcare IoT users. Government organizations, research institutes, and diagnostic laboratories also employ IoT in healthcare technology to develop cost-effective and creative goods and solutions.
Increasing Adoption of Blockchain-Based IoT Solutions for Smart Contracts and Edge Computing IoT with Edge Computing is a large virtual system that allows processing and capacity to be shared between clients and the server farm of a traditional cloud computing system. Edge Computing devices can interact with one another without the requirement for external disruption. The blockchain may be used to facilitate communication between edge computing hubs and blockchain IoT devices. A smart contract is a self-executing contract in which the conditions of the buyer-seller agreement are directly encoded into lines of code. The code and agreements are spread throughout a decentralized blockchain network. The execution is controlled by the code, and the transactions are traceable and irrevocable. With the surge in demand for blockchain IoT technologies in recent years, certain sectors have developed solutions that provide blockchain IoT solutions for smart contracts and edge computing. As a result, the growing use of blockchain-based IoT solutions for smart contracts and edge computing is likely to create attractive growth prospects for global IoT market players.
Internet of Things Market Restraints
Limited Number of IoT Experts to Hamper the Growth of the IoT Industry Although the use of IoT technologies has increased its penetratoin in many industries, one of the primary reasons for the delayed rate of adoption is a shortage of qualified workers and limited IoT expertise. IoT is relatively new to the industrial sector. As a result of the nature of the technologies, the number of knowledgeable professionals in each is quite restricted. The Internet of Things refers to the alignment of numerous sensors and the synchronization of every item in the system, making it difficult to grasp both technologies. Uncertain Regulatory and Compliance Environment to Restraint the IoT Market Growth Because IoT technologies are new, the regulations regulating regulations and compliance are unclear, making the technology dangerous. With ambiguous legislation, device liability is in danger, as are rules prohibiting the use of IoT devices. There are no regulations governing the use of IoT data to combat crime, and there are no laws governing the use of IoT data in a discriminatory manner. The main compliance issue with IoT systems is that they are not traceable, which makes them potentially harmful in some circumstances since governing agencies cannot follow the information, and so crimes cannot be recorded. This slows the uptake of IoT technology. As a result, the unclear regulatory and compliance environment is expected to limit the global IoT market's growth over the forecast period.Internet of Things Market Segment Analysis
Based on Components, Service Segment Dominated the Internet of Things Industry in 2022 With Internet of Things industry value of USD 125.0 Billion in 2022, the services sector held the highest market share of 43.1%; it is expected to grow at a CAGR of 16.0% during the forecast period. The hardware sector was the second-largest Internet of Things market in 2021, with a value of USD xx billion; it is expected to grow at a 14.9% CAGR. However, the software category is expected to grow at the fastest rate, with a CAGR of 16.4%. IoT hardware covers a variety of devices such as network devices, sensors, and cameras. These Internet of Things devices handle critical activities and functions such as system activation, security, action specifications, communication, and detection of support-specific objectives and actions. With a market value of USD xx billion in 2021, the network devices segment held the biggest market share of xx%; it is expected to grow at the fastest rate of 15.4% during the forecast period. The sensor category was the second-largest market in 2021, valued at USD xx billion, and is expected to grow at a 14.5% CAGR. Based on End-Use, Industry Segment Dominated the Internet of Things Industry in 2021 With a IoT market value of USD 205.9 billion in 2021, the industry segment held the largest Internet of Things industry share of 71.0%; it is expected to grow at a CAGR of xx% during the forecast period. In 2021, the consumer category was the second-largest Internet of Things market, valued at USD xx billion; it is expected to grow at a faster CAGR of 16.1%. The industrial internet is a network of things, machines, computers, and people that enables intelligent industrial operations through advanced data analytics for revolutionary business outcomes, and it is transforming the landscape for businesses and individuals. It allows industries and businesses to improve their operational efficiency and dependability. IoT is used for many use cases that help reduce the exposure of humans in scenarios with high industrial hazards. The industry segment is divided into manufacturing, logistics, automotive, healthcare, retail, it & telecom, and others.Based on Organization Size, Industry Segment Dominated the Internet of Things Industry in 2022 The large enterprise segment accounted for the larger IoT market share of 58.2% in 2022, with a market value of USD 113.9 billion; it is expected to register a CAGR of 15.2% during the forecast period. The SME segment was the second-larger market in 2021, valued at USD xx billion; it is expected to exhibit a higher CAGR of 16.4%. When compared to SMEs, large organizations are more likely to use internet of things (IoT) solutions. Large corporations use this approach since it is faster and more efficient. This would aid in increasing the company's sales and, as a result, its profitability. The small and medium-sized firm (SME) sector is likely to advance quickly and have the greatest CAGR during the forecast period. Regardless of the size of the balance sheet in the current circumstances, many firms in the industrial, telecom, and retail sectors, among others, are required to comply with tight rules and manage industry risks.
Internet of Things Market Regional Insights
With a Internet of Things market value of USD 106.1 billion in 2021, Asia-Pacific accounted for the biggest market share of 37.2%; it is expected to exhibit the highest CAGR of 17.4% during the forecast period. Asia-Pacific is the world's largest industrial hub, providing an enormous development opportunity in the Internet of Things (IoT) sector. Because of advancements in IT infrastructure, the region has considerable potential for implementing Internet of things (IoT)-based solutions. The region has been divided into China, Japan, India, and the rest of Asia Pacific. During the forecast period, China is expected to dominate and develop at the fastest CAGR. The China segment had xx% of the Internet of Things industry in 2021, with a Internet of Things industry value of USD xx billion; it is expected to grow at a CAGR of 16.6% during the forecast period. Japan was the second-largest Internet of Things market in 2021, with a value of USD xx billion; it is expected to grow at a CAGR of xx%. The India category, on the other hand, is expected to have the highest CAGR of xx%. North America is the second-largest Internet of Things market and is expected to see considerable growth in the Internet of Things industry due to the region's strong need for flexible, scalable, and cost-effective computing. The United States dominates the Internet of Things (IoT) market in this region. The United States has a developed economy and considerable demand for numerous industries such as information technology and telecommunications, retail, and healthcare. Countries in the area include the United States, Canada, and Mexico. Because the United States has a bigger concentration of businesses than Canada and Mexico, cloud platform adoption is higher. With Internet of Things market value of USD xx billion in 2021, the US segment held the biggest Internet of Things industry share of xx%; it is expected to grow at a CAGR of xx% over the forecast period. Canada was the second-largest Internet of Things industry in 2021, with Internet of Things industry worth of USD xx billion; it is expected to grow at the fastest rate of xx%. Europe was the second-largest Internet of Things market in 2022, with a value of USD 91.3 billion; it is expected to grow at a CAGR of 14.2%. Because of the existence of many industrialized nations and their eagerness to accept new technology, the Internet of Things industry in Europe is expected to expand significantly. The European Internet of Things industry is expected to be dominated by Germany. Furthermore, the UK is expected to develop significantly during the forecast period as a result of an increase in digital transformation and increased usage of diverse cloud services for cost savings in the automotive, electronics, and construction industries. With a market value of USD xx billion in 2021, Germany accounted for the biggest market share of xx%; it is expected to grow at a CAGR of xx% over the forecast period. The UK category was the second-largest Internet of Things market in 2021, valued at USD xx billion, with a CAGR of xx% expected. The rest of the Europe category, on the other hand, is expected to grow at the fastest rate of xx%.Internet of Things Market Scope: Inquiry Before Buying
Internet of Things Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 362.23 Bn. Forecast Period 2023 to 2029 CAGR: 18.3% Market Size in 2029: US $ 1,174.58 Bn. Segments Covered: by Component 1. Services 2. Hardware 3. Software by End-Use 1. Industry 2. Consumer by Organization Size 1. Large Enterprise 2. SME by Deployment 1. On-Premise 2. Cloud by Technology 1. Radiofrequency Identification 2. Pressure Sensors 3. Network Communications 4. Data Processing 5. Near-field Communication Internet of Things Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Internet of Things Market, Key Players are
1. Microsoft(US) 2. Particle (US) 3. AWS (US) 4. Oracle (US) 5. ClearBlade (US) 6. Litmus Automation (US) 7. Ayla Networks (US) 8. Hologram (US) 9. Losant (US) 10. Samsara (US) 11. Cisco (US) 12. IBM (US) 13. Google (US) 14. Intel (US) 15. GE Digital (US) 16. PTC (US) 17. Software AG (Germany) 18.SAP (Germany) 19. Siemens(Germany) 20. HQ Software (Estonia) 21. Telit (UK) 22. Qualcomm (UK) 23. ARM (UK) 24. Confidex (Finland) 25. Hitachi (Japan) Frequently Asked Questions: 1] What was the market share of Asia Pacific region in Internet of Things (IoT) industry in 2022? Ans. The market share of Asia Pacific region in Internet of Things (IoT) industry in 2022 was USD 362.23 billion. 2] Which industry had largest number of Internet of Things (IoT) connected devices worldwide in 2021? Ans. Electricity, Gas, Steam and A/C industry had largest number of Internet of Things (IoT) connected devices of 1403.90 billion globally in 2021. 3] Which restraints are expected to hamper the global Internet of Things (IoT) market growth? Ans. Limited number of IoT experts and uncertain regulatory and compliance environment are expected to restraint the growth of Internet of things industry. 4] What factors are affecting the growth of the global Internet of Things (IoT) market? Ans. The increasing demand for Internet of things (IoT) solutions is being driven by the rising requirement for IoT security, low operational costs, and increased usage of IoT technologies in the healthcare sector. 5] Which segment dominated the organization size segment in Internet of Things (IoT) industry? Ans. The large enterprise segment accounted for the larger market share of 58.2% in 2022, with a market value of USD 113.9 billion; it is expected to register a CAGR of 15.2% during the forecast period.
1. Internet of Things Market: Research Methodology 2. Internet of Things Market Introduction 2.1. Study Assumption and Market Definition 2.2. Scope of the Study 2.3. Executive Summary 3. Internet of Things Market: Qualitative Analysis 3.1. Key Internet of Things Technology Analysis 4. Internet of Things Market: Dynamics 4.1. Internet of Things Market Trends by Region 4.1.1. Global Internet of Things Market Trends 4.1.2. North America Internet of Things Market Trends 4.1.3. Europe Internet of Things Market Trends 4.1.4. Asia Pacific Internet of Things Market Trends 4.1.5. Middle East and Africa Internet of Things Market Trends 4.1.6. South America Internet of Things Market Trends 4.2. Internet of Things Market Dynamics by Region 4.2.1. North America 4.2.1.1. North America Internet of Things Market Drivers 4.2.1.2. North America Internet of Things Market Restraints 4.2.1.3. North America Internet of Things Market Opportunities 4.2.1.4. North America Internet of Things Market Challenges 4.2.2. Europe 4.2.2.1. Europe Internet of Things Market Drivers 4.2.2.2. Europe Internet of Things Market Restraints 4.2.2.3. Europe Internet of Things Market Opportunities 4.2.2.4. Europe Internet of Things Market Challenges 4.2.3. Asia Pacific 4.2.3.1. Asia Pacific Internet of Things Market Drivers 4.2.3.2. Asia Pacific Internet of Things Market Restraints 4.2.3.3. Asia Pacific Internet of Things Market Opportunities 4.2.3.4. Asia Pacific Internet of Things Market Challenges 4.2.4. Middle East and Africa 4.2.4.1. Middle East and Africa Internet of Things Market Drivers 4.2.4.2. Middle East and Africa Internet of Things Market Restraints 4.2.4.3. Middle East and Africa Internet of Things Market Opportunities 4.2.4.4. Middle East and Africa Internet of Things Market Challenges 4.2.5. South America 4.2.5.1. South America Internet of Things Market Drivers 4.2.5.2. South America Internet of Things Market Restraints 4.2.5.3. South America Internet of Things Market Opportunities 4.2.5.4. South America Internet of Things Market Challenges 4.3. PORTER’s Five Forces Analysis 4.4. PESTLE Analysis 4.5. Regulatory Landscape by Region 4.5.1. Global 4.5.2. North America 4.5.3. Europe 4.5.4. Asia Pacific 4.5.5. Middle East and Africa 4.5.6. South America 4.6. Key Opinion Leader Analysis for Internet of Things Industry 4.7. The Global Pandemic Impact on Internet of Things Market 5. Internet of Things Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. Internet of Things Market Size and Forecast, by Component (2023-2030) 5.1.1. Services 5.1.2. Hardware 5.1.3. Software 5.2. Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 5.2.1. Healthcare 5.2.2. Transportation 5.2.3. Retail 5.2.4. Agriculture 5.2.5. Manufacturing 5.2.6. IT and Telecommunication 5.2.7. Others 5.3. Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 5.3.1. Large Enterprise 5.3.2. Small & Medium Enterprises 5.4. Internet of Things Market Size and Forecast, by Deployment (2023-2030) 5.4.1. On-Premise 5.4.2. Cloud 5.5. Internet of Things Market Size and Forecast, by Technology (2023-2030) 5.5.1. Radiofrequency Identification 5.5.2. Pressure Sensors 5.5.3. Network Communications 5.5.4. Data Processing 5.5.5. Near-field Communication 5.6. Internet of Things Market Size and Forecast, by Region (2023-2030) 5.6.1. North America 5.6.2. Europe 5.6.3. Asia Pacific 5.6.4. Middle East and Africa 5.6.5. South America 6. North America Internet of Things Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. North America Internet of Things Market Size and Forecast, by Component (2023-2030) 6.1.1. Services 6.1.2. Hardware 6.1.3. Software 6.2. North America Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 6.2.1. Healthcare 6.2.2. Transportation 6.2.3. Retail 6.2.4. Agriculture 6.2.5. Manufacturing 6.2.6. IT and Telecommunication 6.2.7. Others 6.3. North America Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 6.3.1. Large Enterprise 6.3.2. Small & Medium Enterprises 6.4. North America Internet of Things Market Size and Forecast, by Deployment (2023-2030) 6.4.1. On-Premise 6.4.2. Cloud 6.5. North America Internet of Things Market Size and Forecast, by Technology (2023-2030) 6.5.1. Radiofrequency Identification 6.5.2. Pressure Sensors 6.5.3. Network Communications 6.5.4. Data Processing 6.5.5. Near-field Communication 6.6. Internet of Things Market Size and Forecast, by Country (2023-2030) 6.6.1. United States 6.6.1.1. United States Internet of Things Market Size and Forecast, by Component (2023-2030) 6.6.1.1.1. Services 6.6.1.1.2. Hardware 6.6.1.1.3. Software 6.6.1.2. United States Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 6.6.1.2.1. Healthcare 6.6.1.2.2. Transportation 6.6.1.2.3. Retail 6.6.1.2.4. Agriculture 6.6.1.2.5. Manufacturing 6.6.1.2.6. IT and Telecommunication 6.6.1.2.7. Others 6.6.1.3. United States Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 6.6.1.3.1. Large Enterprise 6.6.1.3.2. Small & Medium Enterprises 6.6.1.4. United States Internet of Things Market Size and Forecast, by Deployment (2023-2030) 6.6.1.4.1. On-Premise 6.6.1.4.2. Cloud 6.6.1.5. United States Internet of Things Market Size and Forecast, by Technology (2023-2030) 6.6.1.5.1. Radiofrequency Identification 6.6.1.5.2. Pressure Sensors 6.6.1.5.3. Network Communications 6.6.1.5.4. Data Processing 6.6.1.5.5. Near-field Communication 6.6.2. Canada 6.6.2.1. Canada Internet of Things Market Size and Forecast, by Component (2023-2030) 6.6.2.1.1. Services 6.6.2.1.2. Hardware 6.6.2.1.3. Software 6.6.2.2. Canada Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 6.6.2.2.1. Healthcare 6.6.2.2.2. Transportation 6.6.2.2.3. Retail 6.6.2.2.4. Agriculture 6.6.2.2.5. Manufacturing 6.6.2.2.6. IT and Telecommunication 6.6.2.2.7. Others 6.6.2.3. Canada Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 6.6.2.3.1. Large Enterprise 6.6.2.3.2. Small & Medium Enterprises 6.6.2.4. Canada Internet of Things Market Size and Forecast, by Deployment (2023-2030) 6.6.2.4.1. On-Premise 6.6.2.4.2. Cloud 6.6.2.5. Canada Internet of Things Market Size and Forecast, by Technology (2023-2030) 6.6.2.5.1. Radiofrequency Identification 6.6.2.5.2. Pressure Sensors 6.6.2.5.3. Network Communications 6.6.2.5.4. Data Processing 6.6.2.5.5. Near-field Communication 6.6.3. Mexico 6.6.3.1. Mexico Internet of Things Market Size and Forecast, by Component (2023-2030) 6.6.3.1.1. Services 6.6.3.1.2. Hardware 6.6.3.1.3. Software 6.6.3.2. Mexico Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 6.6.3.2.1. Healthcare 6.6.3.2.2. Transportation 6.6.3.2.3. Retail 6.6.3.2.4. Agriculture 6.6.3.2.5. Manufacturing 6.6.3.2.6. IT and Telecommunication 6.6.3.2.7. Others 6.6.3.3. Mexico Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 6.6.3.3.1. Large Enterprise 6.6.3.3.2. Small & Medium Enterprises 6.6.3.4. Mexico Internet of Things Market Size and Forecast, by Deployment (2023-2030) 6.6.3.4.1. On-Premise 6.6.3.4.2. Cloud 6.6.3.5. Mexico Internet of Things Market Size and Forecast, by Technology (2023-2030) 6.6.3.5.1. Radiofrequency Identification 6.6.3.5.2. Pressure Sensors 6.6.3.5.3. Network Communications 6.6.3.5.4. Data Processing 6.6.3.5.5. Near-field Communication 7. Europe Internet of Things Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Europe Internet of Things Market Size and Forecast, by Component (2023-2030) 7.2. Europe Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 7.3. Europe Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 7.4. Europe Internet of Things Market Size and Forecast, by Deployment (2023-2030) 7.5. Europe Internet of Things Market Size and Forecast, by Technology (2023-2030) 7.6. Europe Internet of Things Market Size and Forecast, by Country (2023-2030) 7.6.1. United Kingdom 7.6.1.1. United Kingdom Internet of Things Market Size and Forecast, by Component (2023-2030) 7.6.1.2. United Kingdom Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 7.6.1.3. United Kingdom Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 7.6.1.4. United Kingdom Internet of Things Market Size and Forecast, by Deployment (2023-2030) 7.6.1.5. United Kingdom Internet of Things Market Size and Forecast, by Technology (2023-2030) 7.6.2. France 7.6.2.1. France Internet of Things Market Size and Forecast, by Component (2023-2030) 7.6.2.2. France Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 7.6.2.3. France Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 7.6.2.4. France Internet of Things Market Size and Forecast, by Deployment (2023-2030) 7.6.2.5. France Internet of Things Market Size and Forecast, by Technology (2023-2030) 7.6.3. Germany 7.6.3.1. Germany Internet of Things Market Size and Forecast, by Component (2023-2030) 7.6.3.2. Germany Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 7.6.3.3. Germany Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 7.6.3.4. Germany Internet of Things Market Size and Forecast, by Deployment (2023-2030) 7.6.3.5. Germany Internet of Things Market Size and Forecast, by Technology (2023-2030) 7.6.4. Italy 7.6.4.1. Italy Internet of Things Market Size and Forecast, by Component (2023-2030) 7.6.4.2. Italy Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 7.6.4.3. Italy Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 7.6.4.4. Italy Internet of Things Market Size and Forecast, by Deployment (2023-2030) 7.6.4.5. Italy Internet of Things Market Size and Forecast, by Technology (2023-2030) 7.6.5. Spain 7.6.5.1. Spain Internet of Things Market Size and Forecast, by Component (2023-2030) 7.6.5.2. Spain Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 7.6.5.3. Spain Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 7.6.5.4. Spain Internet of Things Market Size and Forecast, by Deployment (2023-2030) 7.6.5.5. Spain Internet of Things Market Size and Forecast, by Technology (2023-2030) 7.6.6. Sweden 7.6.6.1. Sweden Internet of Things Market Size and Forecast, by Component (2023-2030) 7.6.6.2. Sweden Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 7.6.6.3. Sweden Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 7.6.6.4. Sweden Internet of Things Market Size and Forecast, by Deployment (2023-2030) 7.6.6.5. Sweden Internet of Things Market Size and Forecast, by Technology (2023-2030) 7.6.7. Austria 7.6.7.1. Austria Internet of Things Market Size and Forecast, by Component (2023-2030) 7.6.7.2. Austria Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 7.6.7.3. Austria Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 7.6.7.4. Austria Internet of Things Market Size and Forecast, by Deployment (2023-2030) 7.6.7.5. Austria Internet of Things Market Size and Forecast, by Technology (2023-2030) 7.6.8. Rest of Europe 7.6.8.1. Rest of Europe Internet of Things Market Size and Forecast, by Component (2023-2030) 7.6.8.2. Rest of Europe Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 7.6.8.3. Rest of Europe Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 7.6.8.4. Rest of Europe Internet of Things Market Size and Forecast, by Deployment (2023-2030) 7.6.8.5. Rest of Europe Internet of Things Market Size and Forecast, by Technology (2023-2030) 8. Asia Pacific Internet of Things Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Asia Pacific Internet of Things Market Size and Forecast, by Component (2023-2030) 8.2. Asia Pacific Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.3. Asia Pacific Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.4. Asia Pacific Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.5. Asia Pacific Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6. Asia Pacific Internet of Things Market Size and Forecast, by Country (2023-2030) 8.6.1. China 8.6.1.1. China Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.1.2. China Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.1.3. China Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.1.4. China Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.1.5. China Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6.2. S Korea 8.6.2.1. S Korea Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.2.2. S Korea Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.2.3. S Korea Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.2.4. S Korea Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.2.5. S Korea Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6.3. Japan 8.6.3.1. Japan Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.3.2. Japan Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.3.3. Japan Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.3.4. Japan Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.3.5. Japan Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6.4. India 8.6.4.1. India Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.4.2. India Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.4.3. India Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.4.4. India Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.4.5. India Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6.5. Australia 8.6.5.1. Australia Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.5.2. Australia Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.5.3. Australia Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.5.4. Australia Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.5.5. Australia Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6.6. Indonesia 8.6.6.1. Indonesia Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.6.2. Indonesia Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.6.3. Indonesia Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.6.4. Indonesia Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.6.5. Indonesia Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6.7. Malaysia 8.6.7.1. Malaysia Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.7.2. Malaysia Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.7.3. Malaysia Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.7.4. Malaysia Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.7.5. Malaysia Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6.8. Vietnam 8.6.8.1. Vietnam Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.8.2. Vietnam Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.8.3. Vietnam Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.8.4. Vietnam Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.8.5. Vietnam Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6.9. Taiwan 8.6.9.1. Taiwan Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.9.2. Taiwan Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.9.3. Taiwan Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.9.4. Taiwan Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.9.5. Taiwan Internet of Things Market Size and Forecast, by Technology (2023-2030) 8.6.10. Rest of Asia Pacific 8.6.10.1. Rest of Asia Pacific Internet of Things Market Size and Forecast, by Component (2023-2030) 8.6.10.2. Rest of Asia Pacific Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 8.6.10.3. Rest of Asia Pacific Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 8.6.10.4. Rest of Asia Pacific Internet of Things Market Size and Forecast, by Deployment (2023-2030) 8.6.10.5. Rest of Asia Pacific Internet of Things Market Size and Forecast, by Technology (2023-2030) 9. Middle East and Africa Internet of Things Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030 9.1. Middle East and Africa Internet of Things Market Size and Forecast, by Component (2023-2030) 9.2. Middle East and Africa Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 9.3. Middle East and Africa Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 9.4. Middle East and Africa Internet of Things Market Size and Forecast, by Deployment (2023-2030) 9.5. Middle East and Africa Internet of Things Market Size and Forecast, by Technology (2023-2030) 9.6. Middle East and Africa Internet of Things Market Size and Forecast, by Country (2023-2030) 9.6.1. South Africa 9.6.1.1. South Africa Internet of Things Market Size and Forecast, by Component (2023-2030) 9.6.1.2. South Africa Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 9.6.1.3. South Africa Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 9.6.1.4. South Africa Internet of Things Market Size and Forecast, by Deployment (2023-2030) 9.6.1.5. South Africa Internet of Things Market Size and Forecast, by Technology (2023-2030) 9.6.2. GCC 9.6.2.1. GCC Internet of Things Market Size and Forecast, by Component (2023-2030) 9.6.2.2. GCC Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 9.6.2.3. GCC Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 9.6.2.4. GCC Internet of Things Market Size and Forecast, by Deployment (2023-2030) 9.6.2.5. GCC Internet of Things Market Size and Forecast, by Technology (2023-2030) 9.6.3. Nigeria 9.6.3.1. Nigeria Internet of Things Market Size and Forecast, by Component (2023-2030) 9.6.3.2. Nigeria Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 9.6.3.3. Nigeria Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 9.6.3.4. Nigeria Internet of Things Market Size and Forecast, by Deployment (2023-2030) 9.6.3.5. Nigeria Internet of Things Market Size and Forecast, by Technology (2023-2030) 9.6.4. Rest of ME&A 9.6.4.1. Rest of ME&A Internet of Things Market Size and Forecast, by Component (2023-2030) 9.6.4.2. Rest of ME&A Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 9.6.4.3. Rest of ME&A Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 9.6.4.4. Rest of ME&A Internet of Things Market Size and Forecast, by Deployment (2023-2030) 9.6.4.5. Rest of ME&A Internet of Things Market Size and Forecast, by Technology (2023-2030) 10. South America Internet of Things Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030 10.1. South America Internet of Things Market Size and Forecast, by Component (2023-2030) 10.2. South America Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 10.3. South America Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 10.4. South America Internet of Things Market Size and Forecast, by Deployment (2023-2030) 10.5. South America Internet of Things Market Size and Forecast, by Technology (2023-2030) 10.6. South America Internet of Things Market Size and Forecast, by Country (2023-2030) 10.6.1. Brazil 10.6.1.1. Brazil Internet of Things Market Size and Forecast, by Component (2023-2030) 10.6.1.2. Brazil Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 10.6.1.3. Brazil Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 10.6.1.4. Brazil Internet of Things Market Size and Forecast, by Deployment (2023-2030) 10.6.1.5. Brazil Internet of Things Market Size and Forecast, by Technology (2023-2030) 10.6.2. Argentina 10.6.2.1. Argentina Internet of Things Market Size and Forecast, by Component (2023-2030) 10.6.2.2. Argentina Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 10.6.2.3. Argentina Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 10.6.2.4. Argentina Internet of Things Market Size and Forecast, by Deployment (2023-2030) 10.6.2.5. Argentina Internet of Things Market Size and Forecast, by Technology (2023-2030) 10.6.3. Rest Of South America 10.6.3.1. Rest Of South America Internet of Things Market Size and Forecast, by Component (2023-2030) 10.6.3.2. Rest Of South America Internet of Things Market Size and Forecast, by End-User Industry (2023-2030) 10.6.3.3. Rest Of South America Internet of Things Market Size and Forecast, by Organization Size (2023-2030) 10.6.3.4. Rest Of South America Internet of Things Market Size and Forecast, by Deployment (2023-2030) 10.6.3.5. Rest Of South America Internet of Things Market Size and Forecast, by Technology (2023-2030) 11. Global Internet of Things Market: Competitive Landscape 11.1. MMR Competition Matrix 11.2. Competitive Landscape 11.3. Key Players Benchmarking 11.3.1. Company Name 11.3.2. Service Segment 11.3.3. End-user Segment 11.3.4. Revenue (2023) 11.3.5. Company Locations 11.4. Leading Internet of Things Market Companies, by Market Capitalization 11.5. Market Structure 11.5.1. Market Leaders 11.5.2. Market Followers 11.5.3. Emerging Players 11.6. Mergers and Acquisitions Details 12. Company Profile: Key Players 12.1. Microsoft (US) 12.1.1. Company Overview 12.1.2. Business Portfolio 12.1.3. Financial Overview 12.1.4. SWOT Analysis 12.1.5. Strategic Analysis 12.1.6. Recent Developments 12.2. Particle (US) 12.3. AWS (US) 12.4. Oracle (US) 12.5. ClearBlade (US) 12.6. Litmus Automation (US) 12.7. Ayla Networks (US) 12.8. Hologram (US) 12.9. Losant (US) 12.10. Samsara (US) 12.11. Cisco (US) 12.12. IBM (US) 12.13. Google (US) 12.14. Intel (US) 12.15. GE Digital (US) 12.16. PTC (US) 12.17. Software AG (Germany) 12.18. SAP (Germany) 12.19. Siemens(Germany) 12.20. HQ Software (Estonia) 12.21. Telit (UK) 12.22. Qualcomm (UK) 12.23. ARM (UK) 12.24. Confidex (Finland) 12.25. Hitachi (Japan) 13. Key Findings 14. Industry Recommendations