Global IoT Technology Market size was valued at USD 320.4 Billion in 2023 and Global IoT Technology Revenue is expected to grow at a CAGR of 12.2% from 2024 to 2030, reaching nearly USD 717.20 Billion in 2030.Global IoT Technology Market Overview:
The Internet of Things (IoT) is a network of real-world items that have been implanted with software, sensors, and other technologies to allow them to communicate and share data with other online devices and systems. The Internet of Things market growth coincides with the development of other important technologies, such as 5G and cloud computing. The deployment of 5G communication standards paves the way for a faster and smoother connection among smart devices. The IoT market is driven by the growing use of IoT in the automotive industry. One of the most important IoT markets is the automotive industry, which supports several applications such as dashboards, real-time monitoring, predictive maintenance, car infotainment, safety features, and self-driving cars. Additionally, the fierce competition in the global automotive industry forces companies to use IoT, artificial intelligence, and other cutting-edge technologies, which promotes the growth of the IoT market.To know about the Research Methodology:-Request Free Sample Report 1. The Thailand government’s incentives for electric cars aim to convert 50% of all car production to electric cars by 2030, making the region a hub for cleaner vehicle production. These incentives include exemption from import duties and excise duty on several electric car models The report provides Global IoT Technology Market information most concisely. The report covered segments and regional analyses of the market in the most detailed manner to provide a scenic view of the market. The data presented in the report plays a crucial role for both the market players and investors to identify the opportunities in the market and formulate growth strategies to accelerate the growth process.
Global IoT Technology Market Dynamics:
Driving Forces Behind the Explosive Growth of the IoT Technology Market Increasing connectivity options available is one of the primary factors fuelling the growth of the IoT technology market. With the proliferation of high-speed internet, including 5G networks, devices now communicate faster and more efficiently than before. Enhanced connectivity opens up new possibilities for IoT applications in areas such as smart cities, autonomous vehicles, and industrial automation. Cost savings and efficient business processes are positively influencing IoT adoption. Sensors, microcontrollers, and other essential components have become more affordable, enabling the development of a wider range of IoT devices. The cost-effectiveness has led to increased adoption across various industries, from agriculture to healthcare. Rising Consumer demand for smart and connected devices is a significant driver of the IoT technology market. Smart homes, wearable technology, and connected appliances are just many examples of IoT operations that have gained fashion ability among consumers. As IoT technology becomes additionally integrated into daily life and is propelled to the growth of the IoT technology market.Navigating Inflation's Impact and Security Challenges Inflation is sharply increasing in most economies. Rising prices for energy, raw materials, and food have started to hit businesses. Investment bank Goldman Sachs stated it is increasingly concerned about inflation owing to rising input prices harming profits, companies have limited room to invest, which hurts new technologies, such as IoT. Nonetheless, there is a silver lining for IoT. IoT use cases related to improving a company’s operations are among the most adopted. As margin pressure owing to inflation increases, companies look to IoT as a tool to improve operations and invest in cost-saving activities. The effect of high inflation on IoT has a cushion. The overall impact of the benefit is not strong enough to outweigh the negative economic implications of rising input prices. The most significant threats of IoT technology are security and privacy around malicious access, denial of service, and theft of services, especially data. Attackers are increasingly using IoT hacks to stage other types of disruptions. It means infecting connected devices with malware and coordinating them to unleash a torrent of Internet traffic to bring down websites and other online resources in what’s known as a distributed denial of service (DDoS) attack.
Global IoT Technology Market Segment Analysis:
By end Users, Manufacturing segments held the largest share of 40 % in 2023. In the constantly evolving landscape of Industry 4.0, the Internet of Things (IoT) is now a pivotal force that is reshaping the manufacturing sector. IoT involves a network of sensor-loaded physical objects that collect and exchange data. New revenue and business models were developed using all the information and capabilities involved. Using IoT, manufacturers gather data from many equipment and machines in the factory, and that helps them identify areas for improvement and trends. The IoT technology provides intelligent tracking and tracing of finished products, components, and spare parts throughout the manufacturing facility. It prevents defective materials from reaching the assembly line and improves customer service by delivering faster product deliveries. On average, enterprises using the IoT in the manufacturing sector in European countries adopt the technology mainly to ensure the security of their premises (76%), to monitor production processes and logistics (42%), and to optimize energy consumption (37%). Only one-fourth of enterprises using the IoT do so for condition-based maintenance and only about 11% to improve customer service. Manufacturing industries play a key role in the German economy. In the overall economy, SMEs account for more than 99% of companies and 60% of jobs (BMWK, 2019[20]). Some of the SMEs are global market leaders in their product segments and are essential drivers for innovation and technology diffusion. In European economies such as France and the United Kingdom, corporations play a less important role in the German industry, among the largest 10,000 industrial firms in Germany, 39% are family-owned.
Global IoT Technology Market Regional Insight:
Asia-Pacific is the fastest-growing region through the forecast period. In the Asia-Pacific region, IoT solutions are rapidly being adopted thanks to technological advances, growing digital ecosystems, and changing consumer tastes. Investment in IoT across the APAC region has experienced unparalleled growth, driven by the rapid uptake in developed IoT regions such as South Korea, Japan, Australia, and China, as well as the emergence of new IoT players like India, Pakistan, Indonesia, and Thailand. In Japan, where manufacturing makes up an important part of the market. There are more IoT projects in the usage stage (26 percent) than in other sectors and is mainly focused on bolstering automation. Manufacturers are adopting IoT solutions to ensure quality, facilitate industrial automation, and monitor production flow, as it benefits from improving operational efficiency and generating greater production capacity. In the industry, it’s not technology that poses a challenge but the huge business transformation that takes extra time and thought, often owing to legacy systems and processes. Also, China has always been an innovator when it comes to devices, so its manufacturing sector sees the same impact. But smart spaces as in other countries in the Asia Pacific region are getting a lot of attention, and where the highest levels of IoT adoption (94 percent) and overall satisfaction (98 percent). It also has the strongest indications of future growth with 69 percent planning to use IoT. It’s also the industry sector where the highest proportion of organizations are implementing IoT against AI strategies. The top applications of IoT in smart spaces are around productivity and building safety, where organizations benefit from improved operational efficiency and personal safety. 1. In Vietnam, the Danang Smart City Application (DanaMap) launched an ambulance tracking and management tool that allows the health department, local government emergency center, and residents to track ambulance activity in the city. It is part of a series of projects to digitize the city's operations and extend to tracking garbage trucks and fire engines. 2. Mitsubishi Motors plans to invest IDR 10 trillion (about $653 million) in Indonesia through the forecast period to raise its production, including building a hybrid and electric car factory.Global IoT Technology Market Competitive Landscape: 1. In December 2023, TomTom and Microsoft collaborated to develop new automotive solutions that leverage AI capabilities, cloud analytics, and Microsoft’s automotive reference architectures. 2. In January 2024, Morse Micro, a leading Wi-Fi HaLow silicon vendor, and Zetifi, an innovator in last-mile connectivity for vehicles, machinery and farms, announced a partnership to enhance Zetifi's remote-area connectivity solutions with Wi-Fi HaLow technology. Zetifi's innovative technology enables farmers and other rural residents to access, extend and optimize coverage from existing radio, cellular or satellite networks, leading to reliable remote area connectivity in areas where phone coverage is otherwise unreliable or unavailable. 3. In February 2023, Cisco updated its line of IoT products, with an emphasis on meeting the requirements of large-scale IoT installations. The goal of the Cisco IoT Control Center upgrades is to make connectivity management easier for low-cost, fixed devices like medical equipment and utility meters. The platform covers a range of IoT use cases, allowing service providers to meet varying complexity levels and capitalize on new market possibilities. Cisco wants to increase the value and usability of IoT for its clients by offering a single platform for a range of corporate purposes. 4. In January 2023, KORE, a provider of IoT connectivity as as-a-service, selected Amazon Web Services (AWS) to power its massive IoT solutions, tackling the security issues that come with extensive IoT installations. By offering distinct credentials and safe data connections, eSIM technology is used by KORE's OmniSIM SAFE solution, which is powered by AWS IoT Core and improves IoT security. The collaboration intends to optimize processes and guarantee comprehensive security for the predicted rapid growth of IoT devices through the forecast period.
IoT Technology Market Scope : Inquire before buying
IoT Technology Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US$ 320.4 Bn. Forecast Period 2024 to 2030 CAGR: 12.2% Market Size in 2030: US$ 717.20 Bn. Segments Covered: by Node Component Processor Connectivity IC Memory Devices Sensor Logic Device by Software Solution Data Management Real-Time Streaming Analytics Network bandwidth Management Remote monitoring Security solution by Connectivity Type Satellite Network Cellular Network Radio Frequency Identification Near Field Application Wi-Fi by End User Healthcare Automotive & transformation Manufacturing Aerospace & Défense Wearable Devices Others IoT Technology 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)Global IoT Technology Market Key Players
1. Cisco Systems (USA) 2. IBM (USA) 3. Microsoft Corporation (USA) 4. Intel Corporation (USA) 5. Google (USA) 6. Amazon Web Services (USA) 7. Huawei Technologies Co. Ltd. (China) 8. Samsung Electronics (South Korea) 9. Siemens AG (Germany) 10. Bosch (Germany) 11. General Electric (GE) (USA) 12. PTC Inc. (USA) 13. Qualcomm Technologies, Inc. (USA) 14. Dell Technologies (USA) 15. Hewlett Packard Enterprise (HPE) (USA) 16. Oracle Corporation (USA) 17. Ericsson (Sweden) 18. Nokia Corporation (Finland) 19. AT&T Inc. (USA) 20. Hitachi Ltd. (Japan) Frequently Asked Questions: 1] What segments are covered in the Global IoT Technology Market report? Ans. The segments covered in the Global IoT Technology Market report is by Node Component, Software Solution, Connectivity Type and End-User. 2] Which region is expected to hold the highest share in the Global IoT Technology Market? Ans. The North American region is expected to hold the highest share of the Global IoT Technology Market. 3] What is the market size of the Global IoT Technology Market by 2030? Ans. The market size of the Global IoT Technology Market by 2030 will be $ 717.20 Billion. 4] What is the forecast period for the Global IoT Technology Market? Ans. The Forecast period for the Global IoT Technology Market is 2024- 2030.
1. IoT Technology Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. IoT Technology Market: Dynamics 2.1. IoT Technology Market Trends by Region 2.1.1. North America IoT Technology Market Trends 2.1.2. Europe IoT Technology Market Trends 2.1.3. Asia Pacific IoT Technology Market Trends 2.1.4. Middle East and Africa IoT Technology Market Trends 2.1.5. South America IoT Technology Market Trends 2.2. IoT Technology Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America IoT Technology Market Drivers 2.2.1.2. North America IoT Technology Market Restraints 2.2.1.3. North America IoT Technology Market Opportunities 2.2.1.4. North America IoT Technology Market Challenges 2.2.2. Europe 2.2.2.1. Europe IoT Technology Market Drivers 2.2.2.2. Europe IoT Technology Market Restraints 2.2.2.3. Europe IoT Technology Market Opportunities 2.2.2.4. Europe IoT Technology Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific IoT Technology Market Drivers 2.2.3.2. Asia Pacific IoT Technology Market Restraints 2.2.3.3. Asia Pacific IoT Technology Market Opportunities 2.2.3.4. Asia Pacific IoT Technology Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa IoT Technology Market Drivers 2.2.4.2. Middle East and Africa IoT Technology Market Restraints 2.2.4.3. Middle East and Africa IoT Technology Market Opportunities 2.2.4.4. Middle East and Africa IoT Technology Market Challenges 2.2.5. South America 2.2.5.1. South America IoT Technology Market Drivers 2.2.5.2. South America IoT Technology Market Restraints 2.2.5.3. South America IoT Technology Market Opportunities 2.2.5.4. South America IoT Technology Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For IoT Technology Industry 2.8. Analysis of Government Schemes and Initiatives For IoT Technology Industry 2.9. IoT Technology Market Trade Analysis 2.10. The Global Pandemic Impact on IoT Technology Market 3. IoT Technology Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. IoT Technology Market Size and Forecast, by Node Component (2023-2030) 3.1.1. Processor 3.1.2. Connectivity IC 3.1.3. Memory Devices 3.1.4. Sensor 3.1.5. Logic Device 3.2. IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 3.2.1. Data Management 3.2.2. Real-Time Streaming Analytics 3.2.3. Network bandwidth Management 3.2.4. Remote monitoring 3.2.5. Security solution 3.3. IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 3.3.1. Satellite Network 3.3.2. Cellular Network 3.3.3. Radio Frequency Identification 3.3.4. Near Field Application 3.3.5. Wi-Fi 3.4. IoT Technology Market Size and Forecast, by End User (2023-2030) 3.4.1. Healthcare 3.4.2. Automotive & transformation 3.4.3. Manufacturing 3.4.4. Aerospace & Défense 3.4.5. Wearable Devices 3.4.6. Others 3.5. IoT Technology Market Size and Forecast, by Region (2023-2030) 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. North America IoT Technology Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America IoT Technology Market Size and Forecast, by Node Component (2023-2030) 4.1.1. Processor 4.1.2. Connectivity IC 4.1.3. Memory Devices 4.1.4. Sensor 4.1.5. Logic Device 4.2. North America IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 4.2.1. Data Management 4.2.2. Real-Time Streaming Analytics 4.2.3. Network bandwidth Management 4.2.4. Remote monitoring 4.2.5. Security solution 4.3. North America IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 4.3.1. Satellite Network 4.3.2. Cellular Network 4.3.3. Radio Frequency Identification 4.3.4. Near Field Application 4.3.5. Wi-Fi 4.4. North America IoT Technology Market Size and Forecast, by End User (2023-2030) 4.4.1. Healthcare 4.4.2. Automotive & transformation 4.4.3. Manufacturing 4.4.4. Aerospace & Défense 4.4.5. Wearable Devices 4.4.6. Others 4.5. North America IoT Technology Market Size and Forecast, by Country (2023-2030) 4.5.1. United States 4.5.1.1. United States IoT Technology Market Size and Forecast, by Node Component (2023-2030) 4.5.1.1.1. Processor 4.5.1.1.2. Connectivity IC 4.5.1.1.3. Memory Devices 4.5.1.1.4. Sensor 4.5.1.1.5. Logic Device 4.5.1.2. United States IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 4.5.1.2.1. Data Management 4.5.1.2.2. Real-Time Streaming Analytics 4.5.1.2.3. Network bandwidth Management 4.5.1.2.4. Remote monitoring 4.5.1.2.5. Security solution 4.5.1.3. United States IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 4.5.1.3.1. Satellite Network 4.5.1.3.2. Cellular Network 4.5.1.3.3. Radio Frequency Identification 4.5.1.3.4. Near Field Application 4.5.1.3.5. Wi-Fi 4.5.1.4. United States IoT Technology Market Size and Forecast, by End User (2023-2030) 4.5.1.4.1. Healthcare 4.5.1.4.2. Automotive & transformation 4.5.1.4.3. Manufacturing 4.5.1.4.4. Aerospace & Défense 4.5.1.4.5. Wearable Devices 4.5.1.4.6. Others 4.5.2. Canada 4.5.2.1. Canada IoT Technology Market Size and Forecast, by Node Component (2023-2030) 4.5.2.1.1. Processor 4.5.2.1.2. Connectivity IC 4.5.2.1.3. Memory Devices 4.5.2.1.4. Sensor 4.5.2.1.5. Logic Device 4.5.2.2. Canada IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 4.5.2.2.1. Data Management 4.5.2.2.2. Real-Time Streaming Analytics 4.5.2.2.3. Network bandwidth Management 4.5.2.2.4. Remote monitoring 4.5.2.2.5. Security solution 4.5.2.3. Canada IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 4.5.2.3.1. Satellite Network 4.5.2.3.2. Cellular Network 4.5.2.3.3. Radio Frequency Identification 4.5.2.3.4. Near Field Application 4.5.2.3.5. Wi-Fi 4.5.2.4. Canada IoT Technology Market Size and Forecast, by End User (2023-2030) 4.5.2.4.1. Healthcare 4.5.2.4.2. Automotive & transformation 4.5.2.4.3. Manufacturing 4.5.2.4.4. Aerospace & Défense 4.5.2.4.5. Wearable Devices 4.5.2.4.6. Others 4.5.3. Mexico 4.5.3.1. Mexico IoT Technology Market Size and Forecast, by Node Component (2023-2030) 4.5.3.1.1. Processor 4.5.3.1.2. Connectivity IC 4.5.3.1.3. Memory Devices 4.5.3.1.4. Sensor 4.5.3.1.5. Logic Device 4.5.3.2. Mexico IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 4.5.3.2.1. Data Management 4.5.3.2.2. Real-Time Streaming Analytics 4.5.3.2.3. Network bandwidth Management 4.5.3.2.4. Remote monitoring 4.5.3.2.5. Security solution 4.5.3.3. Mexico IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 4.5.3.3.1. Satellite Network 4.5.3.3.2. Cellular Network 4.5.3.3.3. Radio Frequency Identification 4.5.3.3.4. Near Field Application 4.5.3.3.5. Wi-Fi 4.5.3.4. Mexico IoT Technology Market Size and Forecast, by End User (2023-2030) 4.5.3.4.1. Healthcare 4.5.3.4.2. Automotive & transformation 4.5.3.4.3. Manufacturing 4.5.3.4.4. Aerospace & Défense 4.5.3.4.5. Wearable Devices 4.5.3.4.6. Others 5. Europe IoT Technology Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe IoT Technology Market Size and Forecast, by Node Component (2023-2030) 5.2. Europe IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 5.3. Europe IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 5.4. Europe IoT Technology Market Size and Forecast, by End User (2023-2030) 5.5. Europe IoT Technology Market Size and Forecast, by Country (2023-2030) 5.5.1. United Kingdom 5.5.1.1. United Kingdom IoT Technology Market Size and Forecast, by Node Component (2023-2030) 5.5.1.2. United Kingdom IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 5.5.1.3. United Kingdom IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 5.5.1.4. United Kingdom IoT Technology Market Size and Forecast, by End User (2023-2030) 5.5.2. France 5.5.2.1. France IoT Technology Market Size and Forecast, by Node Component (2023-2030) 5.5.2.2. France IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 5.5.2.3. France IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 5.5.2.4. France IoT Technology Market Size and Forecast, by End User (2023-2030) 5.5.3. Germany 5.5.3.1. Germany IoT Technology Market Size and Forecast, by Node Component (2023-2030) 5.5.3.2. Germany IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 5.5.3.3. Germany IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 5.5.3.4. Germany IoT Technology Market Size and Forecast, by End User (2023-2030) 5.5.4. Italy 5.5.4.1. Italy IoT Technology Market Size and Forecast, by Node Component (2023-2030) 5.5.4.2. Italy IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 5.5.4.3. Italy IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 5.5.4.4. Italy IoT Technology Market Size and Forecast, by End User (2023-2030) 5.5.5. Spain 5.5.5.1. Spain IoT Technology Market Size and Forecast, by Node Component (2023-2030) 5.5.5.2. Spain IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 5.5.5.3. Spain IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 5.5.5.4. Spain IoT Technology Market Size and Forecast, by End User (2023-2030) 5.5.6. Sweden 5.5.6.1. Sweden IoT Technology Market Size and Forecast, by Node Component (2023-2030) 5.5.6.2. Sweden IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 5.5.6.3. Sweden IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 5.5.6.4. Sweden IoT Technology Market Size and Forecast, by End User (2023-2030) 5.5.7. Austria 5.5.7.1. Austria IoT Technology Market Size and Forecast, by Node Component (2023-2030) 5.5.7.2. Austria IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 5.5.7.3. Austria IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 5.5.7.4. Austria IoT Technology Market Size and Forecast, by End User (2023-2030) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe IoT Technology Market Size and Forecast, by Node Component (2023-2030) 5.5.8.2. Rest of Europe IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 5.5.8.3. Rest of Europe IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 5.5.8.4. Rest of Europe IoT Technology Market Size and Forecast, by End User (2023-2030) 6. Asia Pacific IoT Technology Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.2. Asia Pacific IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.3. Asia Pacific IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.4. Asia Pacific IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5. Asia Pacific IoT Technology Market Size and Forecast, by Country (2023-2030) 6.5.1. China 6.5.1.1. China IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.1.2. China IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.1.3. China IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.1.4. China IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5.2. S Korea 6.5.2.1. S Korea IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.2.2. S Korea IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.2.3. S Korea IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.2.4. S Korea IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5.3. Japan 6.5.3.1. Japan IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.3.2. Japan IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.3.3. Japan IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.3.4. Japan IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5.4. India 6.5.4.1. India IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.4.2. India IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.4.3. India IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.4.4. India IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5.5. Australia 6.5.5.1. Australia IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.5.2. Australia IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.5.3. Australia IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.5.4. Australia IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5.6. Indonesia 6.5.6.1. Indonesia IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.6.2. Indonesia IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.6.3. Indonesia IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.6.4. Indonesia IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5.7. Malaysia 6.5.7.1. Malaysia IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.7.2. Malaysia IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.7.3. Malaysia IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.7.4. Malaysia IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5.8. Vietnam 6.5.8.1. Vietnam IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.8.2. Vietnam IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.8.3. Vietnam IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.8.4. Vietnam IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5.9. Taiwan 6.5.9.1. Taiwan IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.9.2. Taiwan IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.9.3. Taiwan IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.9.4. Taiwan IoT Technology Market Size and Forecast, by End User (2023-2030) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific IoT Technology Market Size and Forecast, by Node Component (2023-2030) 6.5.10.2. Rest of Asia Pacific IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 6.5.10.3. Rest of Asia Pacific IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 6.5.10.4. Rest of Asia Pacific IoT Technology Market Size and Forecast, by End User (2023-2030) 7. Middle East and Africa IoT Technology Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa IoT Technology Market Size and Forecast, by Node Component (2023-2030) 7.2. Middle East and Africa IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 7.3. Middle East and Africa IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 7.4. Middle East and Africa IoT Technology Market Size and Forecast, by End User (2023-2030) 7.5. Middle East and Africa IoT Technology Market Size and Forecast, by Country (2023-2030) 7.5.1. South Africa 7.5.1.1. South Africa IoT Technology Market Size and Forecast, by Node Component (2023-2030) 7.5.1.2. South Africa IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 7.5.1.3. South Africa IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 7.5.1.4. South Africa IoT Technology Market Size and Forecast, by End User (2023-2030) 7.5.2. GCC 7.5.2.1. GCC IoT Technology Market Size and Forecast, by Node Component (2023-2030) 7.5.2.2. GCC IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 7.5.2.3. GCC IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 7.5.2.4. GCC IoT Technology Market Size and Forecast, by End User (2023-2030) 7.5.3. Nigeria 7.5.3.1. Nigeria IoT Technology Market Size and Forecast, by Node Component (2023-2030) 7.5.3.2. Nigeria IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 7.5.3.3. Nigeria IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 7.5.3.4. Nigeria IoT Technology Market Size and Forecast, by End User (2023-2030) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A IoT Technology Market Size and Forecast, by Node Component (2023-2030) 7.5.4.2. Rest of ME&A IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 7.5.4.3. Rest of ME&A IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 7.5.4.4. Rest of ME&A IoT Technology Market Size and Forecast, by End User (2023-2030) 8. South America IoT Technology Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America IoT Technology Market Size and Forecast, by Node Component (2023-2030) 8.2. South America IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 8.3. South America IoT Technology Market Size and Forecast, by Connectivity Type(2023-2030) 8.4. South America IoT Technology Market Size and Forecast, by End User (2023-2030) 8.5. South America IoT Technology Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil IoT Technology Market Size and Forecast, by Node Component (2023-2030) 8.5.1.2. Brazil IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 8.5.1.3. Brazil IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 8.5.1.4. Brazil IoT Technology Market Size and Forecast, by End User (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina IoT Technology Market Size and Forecast, by Node Component (2023-2030) 8.5.2.2. Argentina IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 8.5.2.3. Argentina IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 8.5.2.4. Argentina IoT Technology Market Size and Forecast, by End User (2023-2030) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America IoT Technology Market Size and Forecast, by Node Component (2023-2030) 8.5.3.2. Rest Of South America IoT Technology Market Size and Forecast, by Software Solution (2023-2030) 8.5.3.3. Rest Of South America IoT Technology Market Size and Forecast, by Connectivity Type (2023-2030) 8.5.3.4. Rest Of South America IoT Technology Market Size and Forecast, by End User (2023-2030) 9. Global IoT Technology Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading IoT Technology Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Cisco Systems (USA) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. IBM (USA) 10.3. Microsoft Corporation (USA) 10.4. Intel Corporation (USA) 10.5. Google (USA) 10.6. Amazon Web Services (USA) 10.7. Huawei Technologies Co. Ltd. (China) 10.8. Samsung Electronics (South Korea) 10.9. Siemens AG (Germany) 10.10. Bosch (Germany) 10.11. General Electric (GE) (USA) 10.12. PTC Inc. (USA) 10.13. Qualcomm Technologies, Inc. (USA) 10.14. Dell Technologies (USA) 10.15. Hewlett Packard Enterprise (HPE) (USA) 10.16. Oracle Corporation (USA) 10.17. Ericsson (Sweden) 10.18. Nokia Corporation (Finland) 10.19. AT&T Inc. (USA) 10.20. Hitachi Ltd. (Japan) 11. Key Findings 12. Industry Recommendations 13. IoT Technology Market: Research Methodology 14. Terms and Glossary