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IoT Devices-Global Market Insights and Sales Trends 2025
Synopsis
The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.
The global IoT Devices market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of IoT Devices in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling IoT Devices market. RFID, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Industrial Robotics segment is estimated at % CAGR for the next seven-year period.
The number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IoT Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IoT Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IoT Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IoT Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IoT Devices covered in this report include Cisco, GE, Honeywell, Intel, IBM, ABB, Rockwell Automation, Siemens and Huawei, etc.
The global IoT Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cisco
GE
Honeywell
Intel
IBM
ABB
Rockwell Automation
Siemens
Huawei
Bosch
Kuka
Texas Instrumemts
Dassault Systemes
PTC
ARM
NEC
Global IoT Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IoT Devices market, Segment by Type:
RFID
Industrial Robotics
Distributed Control System
Condition Monitoring
Smart Meter
Smart Beacon
Yield Monitoring
Electronic Shelf Label
Others
Global IoT Devices market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of IoT Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of IoT Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.
The global IoT Devices market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of IoT Devices in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling IoT Devices market. RFID, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Industrial Robotics segment is estimated at % CAGR for the next seven-year period.
The number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IoT Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IoT Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IoT Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IoT Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IoT Devices covered in this report include Cisco, GE, Honeywell, Intel, IBM, ABB, Rockwell Automation, Siemens and Huawei, etc.
The global IoT Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cisco
GE
Honeywell
Intel
IBM
ABB
Rockwell Automation
Siemens
Huawei
Bosch
Kuka
Texas Instrumemts
Dassault Systemes
PTC
ARM
NEC
Global IoT Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IoT Devices market, Segment by Type:
RFID
Industrial Robotics
Distributed Control System
Condition Monitoring
Smart Meter
Smart Beacon
Yield Monitoring
Electronic Shelf Label
Others
Global IoT Devices market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of IoT Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of IoT Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 IoT Devices Market Overview
1.1 IoT Devices Product Overview
1.2 IoT Devices Market Segment by Type
1.2.1 RFID
1.2.2 Industrial Robotics
1.2.3 Distributed Control System
1.2.4 Condition Monitoring
1.2.5 Smart Meter
1.2.6 Smart Beacon
1.2.7 Yield Monitoring
1.2.8 Electronic Shelf Label
1.2.9 Others
1.3 Global IoT Devices Market Size by Type
1.3.1 Global IoT Devices Market Size Overview by Type (2018-2029)
1.3.2 Global IoT Devices Historic Market Size Review by Type (2018-2023)
1.3.3 Global IoT Devices Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America IoT Devices Sales Breakdown by Type (2018-2023)
1.4.2 Europe IoT Devices Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific IoT Devices Sales Breakdown by Type (2018-2023)
1.4.4 Latin America IoT Devices Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa IoT Devices Sales Breakdown by Type (2018-2023)
2 Global IoT Devices Market Competition by Company
2.1 Global Top Players by IoT Devices Sales (2018-2023)
2.2 Global Top Players by IoT Devices Revenue (2018-2023)
2.3 Global Top Players by IoT Devices Price (2018-2023)
2.4 Global Top Manufacturers IoT Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 IoT Devices Market Competitive Situation and Trends
2.5.1 IoT Devices Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by IoT Devices Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in IoT Devices as of 2022)
2.7 Date of Key Manufacturers Enter into IoT Devices Market
2.8 Key Manufacturers IoT Devices Product Offered
2.9 Mergers & Acquisitions, Expansion
3 IoT Devices Status and Outlook by Region
3.1 Global IoT Devices Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global IoT Devices Historic Market Size by Region
3.2.1 Global IoT Devices Sales in Volume by Region (2018-2023)
3.2.2 Global IoT Devices Sales in Value by Region (2018-2023)
3.2.3 Global IoT Devices Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global IoT Devices Forecasted Market Size by Region
3.3.1 Global IoT Devices Sales in Volume by Region (2024-2029)
3.3.2 Global IoT Devices Sales in Value by Region (2024-2029)
3.3.3 Global IoT Devices Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global IoT Devices by Application
4.1 IoT Devices Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.2 Global IoT Devices Market Size by Application
4.2.1 Global IoT Devices Market Size Overview by Application (2018-2029)
4.2.2 Global IoT Devices Historic Market Size Review by Application (2018-2023)
4.2.3 Global IoT Devices Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America IoT Devices Sales Breakdown by Application (2018-2023)
4.3.2 Europe IoT Devices Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific IoT Devices Sales Breakdown by Application (2018-2023)
4.3.4 Latin America IoT Devices Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa IoT Devices Sales Breakdown by Application (2018-2023)
5 North America IoT Devices by Country
5.1 North America IoT Devices Historic Market Size by Country
5.1.1 North America IoT Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America IoT Devices Sales in Volume by Country (2018-2023)
5.1.3 North America IoT Devices Sales in Value by Country (2018-2023)
5.2 North America IoT Devices Forecasted Market Size by Country
5.2.1 North America IoT Devices Sales in Volume by Country (2024-2029)
5.2.2 North America IoT Devices Sales in Value by Country (2024-2029)
6 Europe IoT Devices by Country
6.1 Europe IoT Devices Historic Market Size by Country
6.1.1 Europe IoT Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe IoT Devices Sales in Volume by Country (2018-2023)
6.1.3 Europe IoT Devices Sales in Value by Country (2018-2023)
6.2 Europe IoT Devices Forecasted Market Size by Country
6.2.1 Europe IoT Devices Sales in Volume by Country (2024-2029)
6.2.2 Europe IoT Devices Sales in Value by Country (2024-2029)
7 Asia-Pacific IoT Devices by Region
7.1 Asia-Pacific IoT Devices Historic Market Size by Region
7.1.1 Asia-Pacific IoT Devices Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific IoT Devices Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific IoT Devices Sales in Value by Region (2018-2023)
7.2 Asia-Pacific IoT Devices Forecasted Market Size by Region
7.2.1 Asia-Pacific IoT Devices Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific IoT Devices Sales in Value by Region (2024-2029)
8 Latin America IoT Devices by Country
8.1 Latin America IoT Devices Historic Market Size by Country
8.1.1 Latin America IoT Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America IoT Devices Sales in Volume by Country (2018-2023)
8.1.3 Latin America IoT Devices Sales in Value by Country (2018-2023)
8.2 Latin America IoT Devices Forecasted Market Size by Country
8.2.1 Latin America IoT Devices Sales in Volume by Country (2024-2029)
8.2.2 Latin America IoT Devices Sales in Value by Country (2024-2029)
9 Middle East and Africa IoT Devices by Country
9.1 Middle East and Africa IoT Devices Historic Market Size by Country
9.1.1 Middle East and Africa IoT Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa IoT Devices Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa IoT Devices Sales in Value by Country (2018-2023)
9.2 Middle East and Africa IoT Devices Forecasted Market Size by Country
9.2.1 Middle East and Africa IoT Devices Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa IoT Devices Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cisco
10.1.1 Cisco Company Information
10.1.2 Cisco Introduction and Business Overview
10.1.3 Cisco IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cisco IoT Devices Products Offered
10.1.5 Cisco Recent Development
10.2 GE
10.2.1 GE Company Information
10.2.2 GE Introduction and Business Overview
10.2.3 GE IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.2.4 GE IoT Devices Products Offered
10.2.5 GE Recent Development
10.3 Honeywell
10.3.1 Honeywell Company Information
10.3.2 Honeywell Introduction and Business Overview
10.3.3 Honeywell IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Honeywell IoT Devices Products Offered
10.3.5 Honeywell Recent Development
10.4 Intel
10.4.1 Intel Company Information
10.4.2 Intel Introduction and Business Overview
10.4.3 Intel IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Intel IoT Devices Products Offered
10.4.5 Intel Recent Development
10.5 IBM
10.5.1 IBM Company Information
10.5.2 IBM Introduction and Business Overview
10.5.3 IBM IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.5.4 IBM IoT Devices Products Offered
10.5.5 IBM Recent Development
10.6 ABB
10.6.1 ABB Company Information
10.6.2 ABB Introduction and Business Overview
10.6.3 ABB IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.6.4 ABB IoT Devices Products Offered
10.6.5 ABB Recent Development
10.7 Rockwell Automation
10.7.1 Rockwell Automation Company Information
10.7.2 Rockwell Automation Introduction and Business Overview
10.7.3 Rockwell Automation IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Rockwell Automation IoT Devices Products Offered
10.7.5 Rockwell Automation Recent Development
10.8 Siemens
10.8.1 Siemens Company Information
10.8.2 Siemens Introduction and Business Overview
10.8.3 Siemens IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Siemens IoT Devices Products Offered
10.8.5 Siemens Recent Development
10.9 Huawei
10.9.1 Huawei Company Information
10.9.2 Huawei Introduction and Business Overview
10.9.3 Huawei IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Huawei IoT Devices Products Offered
10.9.5 Huawei Recent Development
10.10 Bosch
10.10.1 Bosch Company Information
10.10.2 Bosch Introduction and Business Overview
10.10.3 Bosch IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Bosch IoT Devices Products Offered
10.10.5 Bosch Recent Development
10.11 Kuka
10.11.1 Kuka Company Information
10.11.2 Kuka Introduction and Business Overview
10.11.3 Kuka IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Kuka IoT Devices Products Offered
10.11.5 Kuka Recent Development
10.12 Texas Instrumemts
10.12.1 Texas Instrumemts Company Information
10.12.2 Texas Instrumemts Introduction and Business Overview
10.12.3 Texas Instrumemts IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Texas Instrumemts IoT Devices Products Offered
10.12.5 Texas Instrumemts Recent Development
10.13 Dassault Systemes
10.13.1 Dassault Systemes Company Information
10.13.2 Dassault Systemes Introduction and Business Overview
10.13.3 Dassault Systemes IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Dassault Systemes IoT Devices Products Offered
10.13.5 Dassault Systemes Recent Development
10.14 PTC
10.14.1 PTC Company Information
10.14.2 PTC Introduction and Business Overview
10.14.3 PTC IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.14.4 PTC IoT Devices Products Offered
10.14.5 PTC Recent Development
10.15 ARM
10.15.1 ARM Company Information
10.15.2 ARM Introduction and Business Overview
10.15.3 ARM IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.15.4 ARM IoT Devices Products Offered
10.15.5 ARM Recent Development
10.16 NEC
10.16.1 NEC Company Information
10.16.2 NEC Introduction and Business Overview
10.16.3 NEC IoT Devices Sales, Revenue and Gross Margin (2018-2023)
10.16.4 NEC IoT Devices Products Offered
10.16.5 NEC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 IoT Devices Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 IoT Devices Industrial Chain Analysis
11.4 IoT Devices Market Dynamics
11.4.1 IoT Devices Industry Trends
11.4.2 IoT Devices Market Drivers
11.4.3 IoT Devices Market Challenges
11.4.4 IoT Devices Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 IoT Devices Distributors
12.3 IoT Devices Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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