Internet of Things Market Size and Growth Insights, Leading Players Updates by 2024

The latest report by Fortune Business Insights, titled ‘Internet of Things Market 2024 Size, Trends, Share, Growth, Dynamics, Competition, and Opportunity Forecast, 2024 – 2032,’ provides a thorough analysis of the global Internet of Things Market. The report meticulously examines both macro and micro trends, offering insights into the dynamic factors influencing the market. It encompasses a detailed exploration of qualitative and quantitative aspects, delivering a precise depiction of market size, growth rates, annual progression, prevailing trends, key drivers, promising opportunities, and potential challenges. Additionally, the report highlights the impact of crucial events such as technological advancements and regulatory frameworks on the Internet of Things Market landscape. This exhaustive examination equips businesses and stakeholders with invaluable intelligence for making informed decisions in the evolving Internet of Things Market.

The global Internet of Things Market size is expected to grow from USD 595.73 billion in 2023 to USD 4,062.34 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 24.3% during the forecast period.

Request a free sample PDF:

Driving Factor:

Rising Demand for Smart Sensors in the Healthcare Sector to Propel Growth

The sensors measure inputs provided by users and transform them into raw data, which is then digitally stored to analyze the data and then pass on information through the internet. Therefore, the adoption of smart sensor devices has seen an upsurge in different sectors such as smart metering, security and emergency services, home automation, and the e-health sector.

For example, the healthcare sector uses smart sensors devices to monitor remote patients. These smart devices are connected to the patient and measure their vitals, such as glucose level, brain activity, blood pressure, and cardiac status. The data is then accessible to doctors present at any location. This helps doctors to analyze the patient’s data and then provide them with correct recommendations. Therefore, the high demand from the healthcare sector is expected to favor the global internet of things (IoT) market growth in the forthcoming years.

Report Highlights:

  • A comprehensive overview of the Internet of Things Market
  • Significant factors boosting, restricting, challenging and providing an opportunity to the market
  • Key insights and major industry developments
  • Significant players functioning in the Internet of Things Market
  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
  • Other market trends

Internet of Things Market Segments:

By Component

  • Platform
  • Device Management
  • Cloud Platform
  • Network Management
  • Solution & Services
  • Solution
  • Real-Time Streaming Analytics
  • Security
  • Data Management
  • Remote Monitoring
  • Network Band Management
  • Services

By End-use Industry

  • Banking, Financial Services and Insurance (BFSI)
  • Retail
  • Government
  • Healthcare
  • Manufacturing
  • Agriculture
  • Sustainable Energy
  • Transportation
  • IT & Telecom
  • Others

Ask For Customization:

Top most manufacturers/ Key player by Business Leaders Leading Players of Internet of Things Market:

  • Amazon Web Services, Inc. (U.S.)
  • Intel Corporation (U.S.)
  • Microsoft Corporation (U.S.)
  • PTC Inc. (U.S.)
  • GE (U.S.)
  • Cisco Systems, Inc. (U.S.)
  • IBM Corporation (U.S.)
  • Oracle Corporation (U.S.)
  • SAP SE (Germany)
  • Siemens AG (Germany)

Regional Analysis for Internet of Things Market:

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)

Frequently Asked Questions (FAQs):

  • What is the current market scenario?
  • What was the historical demand scenario, and forecast outlook from 2023 to 2030?
  • What are the key market dynamics influencing growth in the Global Internet of Things Market?
  • Who are the prominent players in the Global Internet of Things Market?
  • What is the consumer perspective in the Global Internet of Things Market?
  • What are the key demand-side and supply-side trends in the Global Internet of Things Market?
  • What are the largest and the fastest-growing geographies?
  • Which segment dominated and which segment is expected to grow fastest?
  • What was the COVID-19 impact on the Global Internet of Things Market?

Have Any Query? Speak to Our Analyst:

Table of Contents

Industry Overview:

  • Market definition and segmentation
  • Industry trends and drivers
  • Regulatory environment

Internet of Things Market Size and Forecast:

  • Historical market size and growth
  • Current market size and trends
  • Forecast for the future

Competitive Landscape:

  • Key players in the market
  • Market share analysis
  • SWOT analysis of major competitors

Customer Analysis:

  • Target customer demographics
  • Buying behavior and preferences
  • Customer satisfaction and feedback

Product/Service Analysis:

  • Overview of products/services in the market
  • Features and benefits
  • Pricing strategies

Internet of Things Market Trends:

  • Emerging trends in the industry
  • Technological advancements
  • Shifts in consumer behavior

TOC Continued…

Access Full Report at – Internet of Things Market:

Related Reports:

Fraud Detection and Prevention Market Size 2024, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2030

Connected Agriculture Market Key Drivers 2024, Restraints, Industry Size & Share, Opportunities, Trends, and Forecasts up to 2030

Smart Parcel Locker Market Data Current and Future Trends, Industry Size 2024, Share, Revenue, Business Growth Forecast to 2030

Blockchain in Retail Market Latest Industry Size 2024, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2030

Passive Optical Network Market Size 2024, Outlook, Geographical Segmentation, Business Challenges and Opportunities till 2030

Virtual Meeting Software Market Size 2024, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2030

Livestock Monitoring and Identification Market Key Drivers 2024, Restraints, Industry Size & Share, Opportunities, Trends, and Forecasts up to 2030

About Us:

Fortune Business Insights™ Delivers Accurate Data And Innovative Corporate Analysis, Helping Organizations Of All Sizes Make Appropriate Decisions. We Tailor Novel Solutions For Our Clients, Assisting Them To Address Various Challenges Distinct To Their Businesses. Our Aim Is To Empower Them With Holistic Market Intelligence, Providing A Granular Overview Of The Market They Are Operating In.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

US:+1 424 253 0390

UK:+44 2071 939123

APAC:+91 744 740 1245

Email:[email protected]