The global internet of things (IoT) market size is calculated at USD 618.37 billion in 2025 and is predicted to surpass around USD 3,644.20 billion by 2034, accelerating at a CAGR of 21.95% from 2025 to 2034. The North America internet of things (IoT) market size surpassed USD 170.29 billion in 2024 and is expanding at a CAGR of 21.98% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base 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: Internet of Things (IoT) 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. Internet of Things (IoT) Market, by Component
8.1.1. Hardware
8.1.1.1. Market Revenue and Forecast
8.1.2. Software
8.1.2.1. Market Revenue and Forecast
8.1.3. Services
8.1.3.1. Market Revenue and Forecast
9.1. Internet of Things (IoT) Market, by Deployment
9.1.1. Tence
9.1.1.1. Market Revenue and Forecast
9.1.2. On-premises
9.1.2.1. Market Revenue and Forecast
10.1. Internet of Things (IoT) Market, by Organization Size
10.1.1. Large Enterprises
10.1.1.1. Market Revenue and Forecast
10.1.2. SMEs
10.1.2.1. Market Revenue and Forecast
11.1. Internet of Things (IoT) Market, by Platform
11.1.1. Device Management
11.1.1.1. Market Revenue and Forecast
11.1.2. Application Management
11.1.2.1. Market Revenue and Forecast
11.1.3. Network Management
11.1.3.1. Market Revenue and Forecast
12.1. Internet of Things (IoT) Market, by Technology
12.1.1. Radiofrequency Identification
12.1.1.1. Market Revenue and Forecast
12.1.2. Pressure Sensors
12.1.2.1. Market Revenue and Forecast
12.1.3. Network Communications
12.1.3.1. Market Revenue and Forecast
12.1.4. Data Processing
12.1.4.1. Market Revenue and Forecast
12.1.5. Near-field Communication
12.1.5.1. Market Revenue and Forecast
13.1. Internet of Things (IoT) Market, by Industry Vertical
13.1.1. Energy & Utility
13.1.1.1. Market Revenue and Forecast
13.1.2. Healthcare
13.1.2.1. Market Revenue and Forecast
13.1.3. Transportation & Logistics
13.1.3.1. Market Revenue and Forecast
13.1.4. IT & Telecom
13.1.4.1. Market Revenue and Forecast
13.1.5. Manufacturing
13.1.5.1. Market Revenue and Forecast
13.1.6. E-commerce
13.1.6.1. Market Revenue and Forecast
13.1.7. Others
13.1.7.1. Market Revenue and Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Component
14.1.2. Market Revenue and Forecast, by Deployment
14.1.3. Market Revenue and Forecast, by Organization Size
14.1.4. Market Revenue and Forecast, by Platform
14.1.5. Market Revenue and Forecast, by Technology
14.1.6. Market Revenue and Forecast, by Industry Vertical
14.1.7. U.S.
14.1.7.1. Market Revenue and Forecast, by Component
14.1.7.2. Market Revenue and Forecast, by Deployment
14.1.7.3. Market Revenue and Forecast, by Organization Size
14.1.7.4. Market Revenue and Forecast, by Platform
14.1.8. Market Revenue and Forecast, by Technology
14.1.8.1. Market Revenue and Forecast, by Industry Vertical
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Component
14.1.9.2. Market Revenue and Forecast, by Deployment
14.1.9.3. Market Revenue and Forecast, by Organization Size
14.1.9.4. Market Revenue and Forecast, by Platform
14.1.10. Market Revenue and Forecast, by Technology
14.1.11. Market Revenue and Forecast, by Industry Vertical
14.1.11.1.
14.2. Europe
14.2.1. Market Revenue and Forecast, by Component
14.2.2. Market Revenue and Forecast, by Deployment
14.2.3. Market Revenue and Forecast, by Organization Size
14.2.4. Market Revenue and Forecast, by Platform
14.2.5. Market Revenue and Forecast, by Technology
14.2.6. Market Revenue and Forecast, by Industry Vertical
14.2.7.
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Component
14.2.8.2. Market Revenue and Forecast, by Deployment
14.2.8.3. Market Revenue and Forecast, by Organization Size
14.2.9. Market Revenue and Forecast, by Platform
14.2.10. Market Revenue and Forecast, by Technology
14.2.10.1. Market Revenue and Forecast, by Industry Vertical
14.2.11. Germany
14.2.11.1. Market Revenue and Forecast, by Component
14.2.11.2. Market Revenue and Forecast, by Deployment
14.2.11.3. Market Revenue and Forecast, by Organization Size
14.2.12. Market Revenue and Forecast, by Platform
14.2.13. Market Revenue and Forecast, by Technology
14.2.14. Market Revenue and Forecast, by Industry Vertical
14.2.14.1.
14.2.15. France
14.2.15.1. Market Revenue and Forecast, by Component
14.2.15.2. Market Revenue and Forecast, by Deployment
14.2.15.3. Market Revenue and Forecast, by Organization Size
14.2.15.4. Market Revenue and Forecast, by Platform
14.2.16. Market Revenue and Forecast, by Technology
14.2.16.1. Market Revenue and Forecast, by Industry Vertical
14.2.17. Rest of Europe
14.2.17.1. Market Revenue and Forecast, by Component
14.2.17.2. Market Revenue and Forecast, by Deployment
14.2.17.3. Market Revenue and Forecast, by Organization Size
14.2.17.4. Market Revenue and Forecast, by Platform
14.2.18. Market Revenue and Forecast, by Technology
14.2.18.1. Market Revenue and Forecast, by Industry Vertical
14.3. APAC
14.3.1. Market Revenue and Forecast, by Component
14.3.2. Market Revenue and Forecast, by Deployment
14.3.3. Market Revenue and Forecast, by Organization Size
14.3.4. Market Revenue and Forecast, by Platform
14.3.5. Market Revenue and Forecast, by Technology
14.3.6. Market Revenue and Forecast, by Industry Vertical
14.3.7. India
14.3.7.1. Market Revenue and Forecast, by Component
14.3.7.2. Market Revenue and Forecast, by Deployment
14.3.7.3. Market Revenue and Forecast, by Organization Size
14.3.7.4. Market Revenue and Forecast, by Platform
14.3.8. Market Revenue and Forecast, by Technology
14.3.9. Market Revenue and Forecast, by Industry Vertical
14.3.10. China
14.3.10.1. Market Revenue and Forecast, by Component
14.3.10.2. Market Revenue and Forecast, by Deployment
14.3.10.3. Market Revenue and Forecast, by Organization Size
14.3.10.4. Market Revenue and Forecast, by Platform
14.3.11. Market Revenue and Forecast, by Technology
14.3.11.1. Market Revenue and Forecast, by Industry Vertical
14.3.12. Japan
14.3.12.1. Market Revenue and Forecast, by Component
14.3.12.2. Market Revenue and Forecast, by Deployment
14.3.12.3. Market Revenue and Forecast, by Organization Size
14.3.12.4. Market Revenue and Forecast, by Platform
14.3.12.5. Market Revenue and Forecast, by Technology
14.3.12.6. Market Revenue and Forecast, by Industry Vertical
14.3.13. Rest of APAC
14.3.13.1. Market Revenue and Forecast, by Component
14.3.13.2. Market Revenue and Forecast, by Deployment
14.3.13.3. Market Revenue and Forecast, by Organization Size
14.3.13.4. Market Revenue and Forecast, by Platform
14.3.13.5. Market Revenue and Forecast, by Technology
14.3.13.6. Market Revenue and Forecast, by Industry Vertical
14.4. MEA
14.4.1. Market Revenue and Forecast, by Component
14.4.2. Market Revenue and Forecast, by Deployment
14.4.3. Market Revenue and Forecast, by Organization Size
14.4.4. Market Revenue and Forecast, by Platform
14.4.5. Market Revenue and Forecast, by Technology
14.4.6. Market Revenue and Forecast, by Industry Vertical
14.4.7. GCC
14.4.7.1. Market Revenue and Forecast, by Component
14.4.7.2. Market Revenue and Forecast, by Deployment
14.4.7.3. Market Revenue and Forecast, by Organization Size
14.4.7.4. Market Revenue and Forecast, by Platform
14.4.8. Market Revenue and Forecast, by Technology
14.4.9. Market Revenue and Forecast, by Industry Vertical
14.4.10. North Africa
14.4.10.1. Market Revenue and Forecast, by Component
14.4.10.2. Market Revenue and Forecast, by Deployment
14.4.10.3. Market Revenue and Forecast, by Organization Size
14.4.10.4. Market Revenue and Forecast, by Platform
14.4.11. Market Revenue and Forecast, by Technology
14.4.12. Market Revenue and Forecast, by Industry Vertical
14.4.13. South Africa
14.4.13.1. Market Revenue and Forecast, by Component
14.4.13.2. Market Revenue and Forecast, by Deployment
14.4.13.3. Market Revenue and Forecast, by Organization Size
14.4.13.4. Market Revenue and Forecast, by Platform
14.4.13.5. Market Revenue and Forecast, by Technology
14.4.13.6. Market Revenue and Forecast, by Industry Vertical
14.4.14. Rest of MEA
14.4.14.1. Market Revenue and Forecast, by Component
14.4.14.2. Market Revenue and Forecast, by Deployment
14.4.14.3. Market Revenue and Forecast, by Organization Size
14.4.14.4. Market Revenue and Forecast, by Platform
14.4.14.5. Market Revenue and Forecast, by Technology
14.4.14.6. Market Revenue and Forecast, by Industry Vertical
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Component
14.5.2. Market Revenue and Forecast, by Deployment
14.5.3. Market Revenue and Forecast, by Organization Size
14.5.4. Market Revenue and Forecast, by Platform
14.5.5. Market Revenue and Forecast, by Technology
14.5.6. Market Revenue and Forecast, by Industry Vertical
14.5.7. Brazil
14.5.7.1. Market Revenue and Forecast, by Component
14.5.7.2. Market Revenue and Forecast, by Deployment
14.5.7.3. Market Revenue and Forecast, by Organization Size
14.5.7.4. Market Revenue and Forecast, by Platform
14.5.8. Market Revenue and Forecast, by Technology
14.5.8.1. Market Revenue and Forecast, by Industry Vertical
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Component
14.5.9.2. Market Revenue and Forecast, by Deployment
14.5.9.3. Market Revenue and Forecast, by Organization Size
14.5.9.4. Market Revenue and Forecast, by Platform
14.5.9.5. Market Revenue and Forecast, by Technology
14.5.9.6. Market Revenue and Forecast, by Industry Vertical
15.1. Intel Corporation
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. Hewlett Packard Enterprise
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Sap SE
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. Bosch Software Innovation
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Amazon Web Service
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. Google
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. Microsoft Corporation
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. Oracle Corporation
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. Cisco Systems, Inc.
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. IBM Corporation
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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