IoT Devices Market for Automation, Monitoring, and Control Forecast 2025-2032 | Most Leading Companies - Apple Inc., Cisco Systems Inc, Google Inc. (Alphabet), Samsung Electronics Co. Limited

Global IoT Devices Market size reached US$ 130.88 billion in 2024 and is expected to reach US$ 522.79 billion by 2032, growing with a CAGR of 18.90% during the forecast period 2025-2032.

IoT Devices Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Market opportunities and Growth Drivers

✦ Advancing Digital Transformation with 5G Connectivity

✦ Integration Challenges Due to Interoperability Issues

List of the Key Players in the IoT Devices Market:

Apple Inc., Cisco Systems Inc, Google Inc. (Alphabet), Samsung Electronics Co. Limited, LG Electronics, Siemens AG, Honeywell International Inc., Sony Corporation, Amazon.com, Inc., Robert Bosch GMBH.

Industry Development:

In April 2024, ROSHN partnered with Cisco to explore the integration of IoT technology in smart building applications.

In June 2023, Qualcomm launched new satellite IoT solutions in collaboration with NTN service provider Skylo, enabling continuous asset tracking and remote monitoring. The new modems support both satellite and cellular connectivity, offering global coverage, ultra-low power consumption, and simplified device setup. They comply with 3GPP's 17 satellite communication standards for GEO/GSO satellites and are integrated with the Qualcomm Aware platform for real-time asset tracking and remote device management.

In March 2023, BT Group and Amazon Web Services (AWS) expanded their partnership to deliver cloud networking, 5G edge computing, and industrial IoT solutions for enterprise customers across the UK.

Research Process:

Both primary and secondary data sources have been used in the global IoT Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the IoT Devices Market:

By Connectivity Type: WPAN, WLAN, LPWA, Cellular/M2M, Others

By Application: Connected and Smart Home, Medical IoT, Connected Car, Smart Cities, Industrial IoT, Personal IoT Others

Regional Analysis for IoT Devices Market:

The regional analysis of the IoT Devices Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the IoT Devices market?

➠ Who are the leading manufacturers in the global IoT Devices industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global IoT Devices industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the IoT Devices market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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