The global IoT solutions and services market size accounted for USD 320.33 billion in 2024, grew to USD 369.34 billion in 2025 and is predicted to surpass around USD 1330.10 billion by 2034, representing a healthy CAGR of 15.30% between 2024 and 2034. The North America IoT solutions and services market size is calculated at USD 137.74 billion in 2024 and is expected to grow at a fastest CAGR of 15.42% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: IoT Solutions And Services Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. IoT Solutions And Services Market, by Component, 2024-2034
8.1.1. Solution
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Service
8.1.2.1. Market Revenue and Forecast (2021-2034)
9.1. IoT Solutions And Services Market, by Deployment, 2024-2034
9.1.1. On-Premise
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Cloud
9.1.2.1. Market Revenue and Forecast (2021-2034)
10.1. IoT Solutions And Services Market, by Organization Site, 2024-2034
10.1.1. Large Enterprises
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Small Enterprises
10.1.2.1. Market Revenue and Forecast (2021-2034)
11.1. IoT Solutions And Services Market, by Platform, 2024-2034
11.1.1. Device Management
11.1.1.1. Market Revenue and Forecast (2021-2034)
11.1.2. Network Management
11.1.2.1. Market Revenue and Forecast (2021-2034)
11.1.3. Application Management
11.1.3.1. Market Revenue and Forecast (2021-2034)
12.1. IoT Solutions And Services Market, by Technology, 2024-2034
12.1.1. Radiofrequency Identification
12.1.1.1. Market Revenue and Forecast (2021-2034)
12.1.2. Data Processing
12.1.2.1. Market Revenue and Forecast (2021-2034)
12.1.3. Network Communications
12.1.3.1. Market Revenue and Forecast (2021-2034)
12.1.4. Pressure Sensors
12.1.4.1. Market Revenue and Forecast (2021-2034)
12.1.5. Near-Field Communication
12.1.5.1. Market Revenue and Forecast (2021-2034)
13.1. IoT Solutions And Services Market, by End-User, 2024-2034
13.1.1. Manufacturing
13.1.1.1. Market Revenue and Forecast (2021-2034)
13.1.2. IT & Telecom
13.1.2.1. Market Revenue and Forecast (2021-2034)
13.1.3. Transport & Logistics
13.1.3.1. Market Revenue and Forecast (2021-2034)
13.1.4. Healthcare
13.1.4.1. Market Revenue and Forecast (2021-2034)
13.1.5. Energy & Utility
13.1.5.1. Market Revenue and Forecast (2021-2034)
13.1.6. Retail, E-Commerce, & Consumer Electronics
13.1.6.1. Market Revenue and Forecast (2021-2034)
13.1.7. Others
13.1.7.1. Market Revenue and Forecast (2021-2034)
14.1. North America
14.1.1. Market Revenue and Forecast, by Component (2021-2034)
14.1.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.1.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.1.4. Market Revenue and Forecast, by Platform (2021-2034)
14.1.5. Market Revenue and Forecast, by Technology (2021-2034)
14.1.6. Market Revenue and Forecast, by End-User (2021-2034)
14.1.7. U.S.
14.1.7.1. Market Revenue and Forecast, by Component (2021-2034)
14.1.7.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.1.7.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.1.7.4. Market Revenue and Forecast, by Platform (2021-2034)
14.1.8. Market Revenue and Forecast, by Technology (2021-2034)
14.1.8.1. Market Revenue and Forecast, by End-User (2021-2034)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Component (2021-2034)
14.1.9.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.1.9.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.1.9.4. Market Revenue and Forecast, by Platform (2021-2034)
14.1.10. Market Revenue and Forecast, by Technology (2021-2034)
14.1.11. Market Revenue and Forecast, by End-User (2021-2034)
14.1.11.1.
14.2. Europe
14.2.1. Market Revenue and Forecast, by Component (2021-2034)
14.2.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.2.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.2.4. Market Revenue and Forecast, by Platform (2021-2034)
14.2.5. Market Revenue and Forecast, by Technology (2021-2034)
14.2.6. Market Revenue and Forecast, by End-User (2021-2034)
14.2.7.
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Component (2021-2034)
14.2.8.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.2.8.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.2.9. Market Revenue and Forecast, by Platform (2021-2034)
14.2.10. Market Revenue and Forecast, by Technology (2021-2034)
14.2.10.1. Market Revenue and Forecast, by End-User (2021-2034)
14.2.11. Germany
14.2.11.1. Market Revenue and Forecast, by Component (2021-2034)
14.2.11.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.2.11.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.2.12. Market Revenue and Forecast, by Platform (2021-2034)
14.2.13. Market Revenue and Forecast, by Technology (2021-2034)
14.2.14. Market Revenue and Forecast, by End-User (2021-2034)
14.2.14.1.
14.2.15. France
14.2.15.1. Market Revenue and Forecast, by Component (2021-2034)
14.2.15.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.2.15.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.2.15.4. Market Revenue and Forecast, by Platform (2021-2034)
14.2.16. Market Revenue and Forecast, by Technology (2021-2034)
14.2.16.1. Market Revenue and Forecast, by End-User (2021-2034)
14.2.17. Rest of Europe
14.2.17.1. Market Revenue and Forecast, by Component (2021-2034)
14.2.17.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.2.17.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.2.17.4. Market Revenue and Forecast, by Platform (2021-2034)
14.2.18. Market Revenue and Forecast, by Technology (2021-2034)
14.2.18.1. Market Revenue and Forecast, by End-User (2021-2034)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Component (2021-2034)
14.3.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.3.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.3.4. Market Revenue and Forecast, by Platform (2021-2034)
14.3.5. Market Revenue and Forecast, by Technology (2021-2034)
14.3.6. Market Revenue and Forecast, by End-User (2021-2034)
14.3.7. India
14.3.7.1. Market Revenue and Forecast, by Component (2021-2034)
14.3.7.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.3.7.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.3.7.4. Market Revenue and Forecast, by Platform (2021-2034)
14.3.8. Market Revenue and Forecast, by Technology (2021-2034)
14.3.9. Market Revenue and Forecast, by End-User (2021-2034)
14.3.10. China
14.3.10.1. Market Revenue and Forecast, by Component (2021-2034)
14.3.10.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.3.10.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.3.10.4. Market Revenue and Forecast, by Platform (2021-2034)
14.3.11. Market Revenue and Forecast, by Technology (2021-2034)
14.3.11.1. Market Revenue and Forecast, by End-User (2021-2034)
14.3.12. Japan
14.3.12.1. Market Revenue and Forecast, by Component (2021-2034)
14.3.12.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.3.12.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.3.12.4. Market Revenue and Forecast, by Platform (2021-2034)
14.3.12.5. Market Revenue and Forecast, by Technology (2021-2034)
14.3.12.6. Market Revenue and Forecast, by End-User (2021-2034)
14.3.13. Rest of APAC
14.3.13.1. Market Revenue and Forecast, by Component (2021-2034)
14.3.13.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.3.13.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.3.13.4. Market Revenue and Forecast, by Platform (2021-2034)
14.3.13.5. Market Revenue and Forecast, by Technology (2021-2034)
14.3.13.6. Market Revenue and Forecast, by End-User (2021-2034)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Component (2021-2034)
14.4.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.4.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.4.4. Market Revenue and Forecast, by Platform (2021-2034)
14.4.5. Market Revenue and Forecast, by Technology (2021-2034)
14.4.6. Market Revenue and Forecast, by End-User (2021-2034)
14.4.7. GCC
14.4.7.1. Market Revenue and Forecast, by Component (2021-2034)
14.4.7.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.4.7.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.4.7.4. Market Revenue and Forecast, by Platform (2021-2034)
14.4.8. Market Revenue and Forecast, by Technology (2021-2034)
14.4.9. Market Revenue and Forecast, by End-User (2021-2034)
14.4.10. North Africa
14.4.10.1. Market Revenue and Forecast, by Component (2021-2034)
14.4.10.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.4.10.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.4.10.4. Market Revenue and Forecast, by Platform (2021-2034)
14.4.11. Market Revenue and Forecast, by Technology (2021-2034)
14.4.12. Market Revenue and Forecast, by End-User (2021-2034)
14.4.13. South Africa
14.4.13.1. Market Revenue and Forecast, by Component (2021-2034)
14.4.13.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.4.13.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.4.13.4. Market Revenue and Forecast, by Platform (2021-2034)
14.4.13.5. Market Revenue and Forecast, by Technology (2021-2034)
14.4.13.6. Market Revenue and Forecast, by End-User (2021-2034)
14.4.14. Rest of MEA
14.4.14.1. Market Revenue and Forecast, by Component (2021-2034)
14.4.14.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.4.14.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.4.14.4. Market Revenue and Forecast, by Platform (2021-2034)
14.4.14.5. Market Revenue and Forecast, by Technology (2021-2034)
14.4.14.6. Market Revenue and Forecast, by End-User (2021-2034)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Component (2021-2034)
14.5.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.5.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.5.4. Market Revenue and Forecast, by Platform (2021-2034)
14.5.5. Market Revenue and Forecast, by Technology (2021-2034)
14.5.6. Market Revenue and Forecast, by End-User (2021-2034)
14.5.7. Brazil
14.5.7.1. Market Revenue and Forecast, by Component (2021-2034)
14.5.7.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.5.7.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.5.7.4. Market Revenue and Forecast, by Platform (2021-2034)
14.5.8. Market Revenue and Forecast, by Technology (2021-2034)
14.5.8.1. Market Revenue and Forecast, by End-User (2021-2034)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Component (2021-2034)
14.5.9.2. Market Revenue and Forecast, by Deployment (2021-2034)
14.5.9.3. Market Revenue and Forecast, by Organization Site (2021-2034)
14.5.9.4. Market Revenue and Forecast, by Platform (2021-2034)
14.5.9.5. Market Revenue and Forecast, by Technology (2021-2034)
14.5.9.6. Market Revenue and Forecast, by End-User (2021-2034)
15.1. Siemens AG
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. SAP SE
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Oracle Corporation
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. IBM Corporation
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Cisco Systems, Inc
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. Robert Bosch GmBH
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. PTC Inc
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. Microsoct Corporation
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. Intel Corporation
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. Amazon Web Services, Inc
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
17.1. About Us
17.2. Glossary of Terms
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