IoT Infrastructure Market 2026 Detail Study focusing on Key Players like AGT International, Amdocs, Bayshore Networks, Bosch Software innovations: Bosch IoT Suite, Contiki, GE Software, Infineon Technologies AG, Intel Security Group (McAfee), Jasper

Global IoT Infrastructure Market is accounted for $19.65 billion in 2017 and expected to grow at a CAGR of 30.9% to reach $223.05 billion by 2026.

Adoption of digital transformation services, increasing implementation of cloud platforms, the introduction of IPV6, government's funding in research and development related to IoT, investments for the development of smart cities infrastructure, rising depletion of energy sources worldwide are driving the market growth. However, privacy & security concerns and lack of laws & regulations governing smart cities pose a threat to the market. Further, growth in IoT components, edge devices, and analytics-driven by discrete manufacturing are few trends observed by the market.

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Based on Application, The expansion of Big Data and the development of the Internet of Things (IoT) are increasing the feasibility of smart city initiatives. By 2020 in the ICT industry, clouds and smart hardware are predicted to become vertically stackable using the vertical integration model of a horizontal platform. The concept of a smart city continues to spread around the world. Governments have successively created relevant policy guidelines and urban vision plans. Smart mobility includes in-car Internet, smart transport system ETC applications, smart parking lots, traffic flow, traffic detection, logistics vehicles and cargo management, smart retail, cross-border custom clearance, agricultural product traceability, and smart packaging. IoT also offers a wide range of solutions for smart building management: energy and water consumption monitoring, connected smoke detectors, HVAC maintenance, water leak detection, etc.

North America is expected to project the highest revenue over the forecast period due to the advanced infrastructure followed by the rising number of smart city and building projects. Growing demand for automation in office buildings in the U.S. is also impacting the region share. However, Asia Pacific IoT infrastructure will grow significantly because of the demand for smart cities in countries such as China, India & Singapore. Rising investments for the development of smart cities infrastructure coupled with the increasing penetration of connected devices further contributes to the industry growth.

Some of the key players in Global IoT Infrastructure market are AGT International, Amdocs, Bayshore Networks, Bosch Software innovations: Bosch IoT Suite, Contiki, GE Software, Infineon Technologies AG, Intel Security Group (McAfee), Jasper, LeddarTech Inc., Lynx Software Technologies, Inc., MongoDB Inc., NEC Corporation, Oregan Networks Ltd., Qualcomm Atheros Inc., Sensata Technologies, Seraphim Sense Ltd., Silicon Laboratories, Inc. and Unisys Corporation.

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