The statistic shows the overall data volume of connected devices/IoT connections worldwide in 201 and 2025. By 2025, total data volume of connected IoT devices worldwide is forecast to reach **** zettabytes (ZBs).

In 2030, 17.4 billion Internet of Things (IoT) connected devices worldwide will be enabled by short range technology. This will be followed by cellular public networks supporting around 4.7 billion devices.

Short-range technologies, including Wi-Fi, Bluetooth, and Zigbee, will dominate the number of Internet of Things (IoT) connections in 2030 compared with other communications technologies, with over 21 billion connections.

Massive machine-type communication tech

These short-range technologies are projected to account for the most sizable portion of communications technologies from 2021 to 2030. Massive machine-type communication (mMTC) using 5G technology - which is needed for the growing deployment of autonomous vehicles - is projected to grow strongly over the next few years. At the same time, the non-mMTC connected devices would depend on low power wide area (LPWA) network.

Future of IoT

In the following decade, IoT will track individuals, cities, crops, and everything else you can imagine. The possibilities for IoT in the future are endless. Increased network agility, integrated artificial intelligence (AI), has increased the ability to deploy, automate, manage, and secure various use cases at hyper-scale. This development will expedite IoT advancements in the coming years.

The consumer sector is anticipated to dominate in terms of number of Internet of Things (IoT) connected devices in 2034, with over 24 billion connected devices worldwide. This number of connected devices within the consumer sector is forecast to keep increasing.

The number of Internet of Things (IoT) devices worldwide is forecast to more than double from 19.8 billion in 2025 to more than 40.6 billion IoT devices by 2034. In 2034, the highest number of IoT devices will be found in China, with around 7.51 billion consumer devices. IoT devices are used in all types of industry verticals and consumer markets, with the consumer segment accounting for around 60 percent of all IoT or connected devices in 2025. This share is projected to stay at this level over the next ten years. Major verticals and use cases Major industry verticals with currently more than 100 million connected IoT devices are electricity, gas, steam & A/C, water supply & waste management, retail & wholesale, transportation & storage, and government. Overall, the number of IoT devices across all industry verticals is forecast to grow to more than eight billion by 2033. Major use-cases The most important use case for IoT devices in the consumer segment are consumer internet & media devices such as smartphones, where the number of IoT devices is forecast to grow to more than 17 billion by 2033. Other use cases with more than one billion IoT devices by 2033 are connected (autonomous) vehicles, IT infrastructure, asset tracking & monitoring, and smart grid.

The global market size of IoT Devices Works with RFID Cards is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global IoT Devices Works with RFID Cards Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global IoT Devices Works with RFID Cards industry. The key insights of the report:
1.The report provides key statistics on the market status of the IoT Devices Works with RFID Cards manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of IoT Devices Works with RFID Cards industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of IoT Devices Works with RFID Cards Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of IoT Devices Works with RFID Cards as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of IoT Devices Works with RFID Cards market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

The revenue of Yandex from devices and Alice segment reached over seven billion Russian rubles in the third quarter of 2023, having marked an increase of over two billion Russian rubles compared to the previous three-month period. Yandex's Internet of Things (IoT) initiatives include Yandex.Station, the first smart speaker in Russian with a virtual assistant Alice, and other gadgets, including smart home devices.

Cellular IoT is a Low Power Wide Area Network (LPWAN) radio technology standard developed to enable a wide range of devices and services to be connected using cellular telecommunications bands.

Rising demand for extended network coverage and capacity to accommodate large number of connected devices are expected to drive the market for cellular IoT. Moreover, increasing demand for end-to-security between network connected devices also contributes to the growth of cellular IoT market

In 2019, the market size of Cellular IoT is 2010 million US$ and it will reach 5110 million US$ in 2025, growing at a CAGR of 12.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cellular IoT.





This report studies the global market size of Cellular IoT, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Cellular IoT production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:

Qualcomm

Gemalto

Sierra Wireless

U-Blox Holding

MediaTek

Telit Communications

Mistbase

Sequans

CommSolid

Market Segment by Product Type

2G

3G

4G

LTE

NB–IoT

5G

Other

Market Segment by Application

Automotive & Transportation

Energy

Manufacturing

Building Automation and Smart City

Other

Key Regions split in this report: breakdown data for each region.

United States

China

European Union

Rest of World (Japan, Korea, India and Southeast Asia)





The study objectives are:

To analyze and research the Cellular IoT status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

To present the key Cellular IoT manufacturers, presenting the sales, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Cellular IoT are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

including some laptops or smart phones

By 2025, forecasts suggest that there will be more than ** billion Internet of Things (IoT) connected devices in use. This would be a nearly threefold increase from the IoT installed base in 2019. What is the Internet of Things? The IoT refers to a network of devices that are connected to the internet and can “communicate” with each other. Such devices include daily tech gadgets such as the smartphones and the wearables, smart home devices such as smart meters, as well as industrial devices like smart machines. These smart connected devices are able to gather, share, and analyze information and create actions accordingly. By 2023, global spending on IoT will reach *** trillion U.S. dollars. How does Internet of Things work? IoT devices make use of sensors and processors to collect and analyze data acquired from their environments. The data collected from the sensors will be shared by being sent to a gateway or to other IoT devices. It will then be either sent to and analyzed in the cloud or analyzed locally. By 2025, the data volume created by IoT connections is projected to reach a massive total of **** zettabytes. Privacy and security concerns   Given the amount of data generated by IoT devices, it is no wonder that data privacy and security are among the major concerns with regard to IoT adoption. Once devices are connected to the Internet, they become vulnerable to possible security breaches in the form of hacking, phishing, etc. Frequent data leaks from social media raise earnest concerns about information security standards in today’s world; were the IoT to become the next new reality, serious efforts to create strict security stands need to be prioritized.

The single largest use case in terms of number of Internet of Things (IoT) connected devices is consumer internet and media devices, accounting for a third of all devices worldwide in 2034. The other two largest use cases are smart grid (e.g. smart meters) and inventory management & monitoring.

Snapshot img

Internet of Things Security Market Size 2025-2029

The Internet of Things security market size is forecast to increase by USD 268.3 billion, at a CAGR of 39% between 2024 and 2029.

The market is experiencing significant growth due to technological advancements in various platforms. One of the key trends driving market expansion is the increasing use of wearables to monitor human health and the environment. However, the lack of awareness regarding the efficient management of IoT initiatives and investments poses a challenge. 
Technological developments, such as the implementation of advanced encryption algorithms and biometric authentication, are crucial to mitigating security risks. Additionally, the integration of blockchain technology in IoT networks offers enhanced security features, including data immutability and decentralization. As the adoption of IoT devices continues to rise, ensuring their security will remain a top priority for businesses and individuals alike.

What will be the Size of the IoT Security Market During the Forecast Period?

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The market is experiencing significant growth as the dependency on interconnected machines, meters, wearable devices, and consumer electronics increases. With the proliferation of IoT networks, the need for strong security solutions has become paramount. Ericsson projects that by 2025, there will be over 29 billion cellular IoT connections. This expanding IoT landscape brings new challenges, including securing cloud workloads, mitigating data breaches, and protecting smart cities, smart farming, precision agriculture, and other IoT applications. IoT vulnerabilities, such as unsecured field-based sensors and advanced equipment, make these networks susceptible to cyber attacks.
As a result, the demand for advanced security systems, including firewalls and intrusion detection systems, is escalating. However, the shortage of a skilled workforce with IoT security expertise poses a significant challenge to market growth. IoT security providers must adapt to this evolving landscape and address the unique security needs of various industries, from smart cities to smart drones, to maintain market competitiveness.

How is this Internet Of Things Security Industry segmented and which is the largest segment?

The IoT security industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Industrial sector
  Commercial sector
  Consumer sector


Deployment

  On-premises
  Cloud


Type

  Network security
  Endpoint security
  Cloud security
  Application security


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan
    South Korea


  Middle East and Africa



  South America

By End-user Insights

The industrial sector segment is estimated to witness significant growth during the forecast period.

The Internet of Things (IoT) security market encompasses machinery and devices, software, and various connected objects including meters, wearable devices, and consumer electronics. IoT networks facilitate dependency on cellular connections and cloud workloads, raising concerns over data breaches and unauthorized access to sensitive information. Smart cities, urban infrastructure, and industries such as agriculture are increasingly adopting IoT technology for advanced equipment and precision applications. However, this digital transformation brings potential threats, including cyber attacks and the integrity of data.

IoT security is crucial in deployment modes, with firewalls and security systems protecting entertainment systems and IoT devices. IoT vulnerabilities, as demonstrated by attacks like Mirai and LightAidra, Kaiten, and Zingbo, necessitate a skilled workforce and strict regulations. IoT security solutions from well-established brands are essential to mitigate cyber threats and protect confidential data from hackers.

Get a glance at the IoT security Industry report of share of various segments. Request Free Sample

The industrial sector segment was valued at USD 12.10 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 44% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions, Request Free Sample

Another region that contributes to global market growth is North America, primarily due to the increasing adoption of IoT technology in industries such as healthcare, automotive, and industrial sectors. The heal

IOT BENIGN AND ATTACK TRACES

Data Collected for ACM SOSR 2019 Attack & Benign Data Instructions Flow data contains flow counters of MUD flow, each instance in the file are collected every one minute. Annotations contains information about the start, end time of the attack and corresponsing MUD flows that are impacted through the Attack. More information about the device and the attacker can be found in here Below is an example of the annotations from the Samsung smart camera. eg: "1527838552,1527839153,Localfeatures|Arpfeatures,ArpSpoof100L2D" The above line indicates that the start time of the attack to be 1527838552 and end time is 1527839153. "Localfeatures|Arpfeatures" explains that it should impact the local communication and ARP protocol. "ArpSpoof100L2D" means that the attack was arpspoof lauched with the maximum rate of 100 packets per seconds. In order to identify the attack rows in flow stats you can use below condition. "if (flowtime >= startTime*1000 and endTime*1000>=flowtime) then attack = true" -- This corresponds to the line 4470 to 4479 in the samsung smart camera.

Cite our data A. Hamza, H. Habibi Gharakheili, T. Benson, V. Sivaraman, "Detecting Volumetric Attacks on IoT Devices via SDN-Based Monitoring of MUD Activity", ACM SOSR, San Jose, California, USA, Apr 2019.

Source code https://github.com/ayyoob/mud-ie

Contact ayyoobhamza@student.unsw.edu.au

IoT-23 is a dataset of network traffic from Internet of Things (IoT) devices. It has 20 malware captures executed in IoT devices, and 3 captures for benign IoT devices traffic. It was first published in January 2020, with captures ranging from 2018 to 2019. These IoT network traffic was captured in the Stratosphere Laboratory, AIC group, FEL, CTU University, Czech Republic. Its goal is to offer a large dataset of real and labeled IoT malware infections and IoT benign traffic for researchers to develop machine learning algorithms. This dataset and its research was funded by Avast Software. The malware was allow to connect to the Internet.

Snapshot img { margin: 10px !important; } Market overview of IoT in the transportation sector

Technavio’s market research analyst predicts the global IoT market in the transportation sector to grow at a CAGR of almost 17% by 2020. One of the primary drivers for this market is the rising need to automate transportation management systems. Automated transport management solutions increase safety, security, and visibility, the efficiency of tracking systems, and also reduce the transportation costs. The IoT-enabled smart devices help to manage the logistics operations by monitoring and tracking real-time vehicle position in the supply chain management system. The increasing adoption of intelligent transportation management solution in the transportation sector will augment growth in this market during the forecast period.

Another interesting trend that is anticipated to have an impact on this market is the growing use of intelligent transportation systems (ITS). The ITS use a set of integrated technologies such as communication systems, sensors, and smart devices to connect the transportation system in a real-time environment. The incorporation of intelligent systems and IoT solutions in the transportation sector enables vehicles to transfer message and signals to other vehicles for tracking and monitoring on a real-time basis. The integration of ITS with IoT applications help to sense the data from surroundings and increases safety in passenger and commercial vehicles.

Segmentation by modes of transport and analysis of the IoT in transportation market

Road transportation
Railway transportation
Air transportation
Marine transportation

The IoT market in road transportation system dominated the market in 2015 and accounted for around 29% of the overall market revenue. IoT solutions help to provide real-time data about transport vehicles. Vendors are integrating connected vehicles with IoT applications to track vehicle location. IoT solutions enhance road transportation system through intelligent IT solutions for transit management and smart traffic management systems. IoT applications integrated with analytics solutions are used to gather and analyze data collected from smart and connected devices with the help of telematics and sensor technology.

Geographical segmentation and analysis of the IoT in transportation market

Americas
APAC
EMEA

The Americas was the largest region in the IoT market in the transportation sector and occupied around 40% of the total market share during 2015. Transportation issues such as an increase in traffic congestion, environmental threats from vehicle pollutions, and passenger safety have resulted in the high adoption of IT solutions in the transportation sector in the region. Growing investments in vehicle safety applications will propel this market’s growth in the region over the next four years.

Competitive landscape and key vendors

The market is characterized by the presence of several large and medium-sized vendors. The major players in the IoT in transportation industry are focusing on M&A strategies to improve their global presence and customer reach. The market will witness the entry of many new players in the coming years with the emergence of the IoT concept. Vendors compete on the basis of technical expertise, total offerings, and the degree of superiority of their product offerings.

Key vendors in this market are –

Alcatel-Lucent
AT&T
Cisco
IBM
Intel

Other prominent vendors in the IoT market in the transportation sector are Amazon Web Services (AWS), ARM Holdings, Dell, Ericsson, GE, Google, Huawei, Microsoft, Oracle, Qualcomm, RTI, SAP, and Telefonica.

Key questions answered in the report include

What will the IoT transportation market size and the growth rate be in 2020?
What are the key factors driving the global IoT market in the transportation sector?
What are the key market trends impacting the growth of the global IoT market in the transportation sector?
What are the challenges to the IoT market growth in transportation sector?
What are the IoT applications in transportation?
Who are the key vendors in the global IoT market in the transportation sector?
What are the market opportunities and threats faced by the vendors in the global IoT market in the transportation sector?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global IoT market in the transportation sector?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

Global Industrial IoT Market: Research report 2015-2019
Global IoT Security Market 2015-2019
Global IoT Devices Market 2015-2019

Snapshot img

UK IoT Market Size 2025-2029

The IoT market size in UK is forecast to increase by USD 25.74 billion at a CAGR of 12.5% between 2024 and 2029.

The Internet of Things (IoT) market is experiencing significant growth, driven by the implementation of Industry 4.0 and the increasing diversity in IoT standards. Industry 4.0, the fourth industrial revolution, is transforming industries by integrating physical and digital systems, creating new opportunities for IoT devices. Meanwhile, the growing diversity in IoT standards presents both challenges and opportunities, as businesses navigate the complex landscape of interoperability and compatibility. However, the lack of awareness about IoT devices among some organizations and individuals may hinder market growth. Advancements in technologies such as 5G networks, edge computing, big data, AI, and Industry 4.0 are transforming the IoT landscape. Moreover, the expansion of mobile network infrastructure and the increasing adoption of cloud computing in North America are major drivers for the market.
These trends and challenges highlight the need for a deep understanding of the IoT market dynamics, which this market trends and analysis report aims to provide. By exploring the key drivers, trends, and challenges shaping the IoT market, businesses can make informed decisions and capitalize on the opportunities presented by this rapidly evolving technology.

What will be the Size of the market During the Forecast Period?

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The Internet of Things (IoT) market is experiencing significant growth and innovation, with various sectors integrating IoT solutions to enhance operations and customer experiences. Smart building technologies are revolutionizing commercial real estate, while connected customer experiences are transforming retail and education. IoT solutions providers are addressing risk management in smart city infrastructure, enabling remote asset tracking in connected manufacturing, and providing predictive analytics for precision agriculture and supply chain visibility. The IoT ecosystem is expanding, with industrial IoT driving digital transformation in industries, building automation systems optimizing business processes, and telehealth solutions improving healthcare delivery. Renewable energy integration, personalized learning, connected logistics, and fraud detection are among the numerous applications of IoT.

IoT implementation requires robust security solutions, with IoT strategy becoming a priority for businesses in finance, retail, and education. Smart home automation, smart city infrastructure, and smart energy grids are redefining urban living, while IoT in agriculture and connected car technology are revolutionizing rural and transportation sectors, respectively.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Industrial
  Retail
  Healthcare
  ICT
  Others


Technology

  RFID
  Sensors
  NFC
  Cloud services
  Others


Component

  Hardware
  Software
  Services


Deployment

  Cloud-based
  On-premises


Geography

  Europe

    UK

By End-user Insights

The industrial segment is estimated to witness significant growth during the forecast period.

In the dynamic IoT market, various sectors are leveraging this technology to enhance productivity and gain a competitive edge. The industrial segment holds the largest market share, with the integration of location-based sensors for inventory management being a major trend. Globally, manufacturers are utilizing IoT to optimize their production processes through predictive maintenance and real-time data analysis. IoT applications in industries span across power management, quality control, and smart logistics. Software development enables machines and devices to connect to the Internet, while firmware updates ensure seamless functionality. Predictive maintenance and energy management are crucial aspects of IoT implementation in industries.

Edge computing and data visualization facilitate efficient data processing and analysis. Data privacy and network security are essential considerations in the implementation of IoT systems. Industrial automation, machine learning, and artificial intelligence are key technologies driving the industrial IoT market. IoT hubs and connectivity protocols facilitate seamless communication between devices and systems. Sensor networks and connected devices enable data collection and analysis in real-time. In the realm of industrial IoT, the focus is on optimizing supply chain operations, enhancing energy management, and improving overall efficiency.

Get a glance at the market report of share of various segme

The Latin American IoT security market is experiencing robust growth, driven by the increasing adoption of Internet of Things (IoT) devices across various sectors, including healthcare, manufacturing, and BFSI. A compound annual growth rate (CAGR) of 25.50% from 2019 to 2024 suggests a significant expansion, and this momentum is expected to continue throughout the forecast period (2025-2033). Key drivers include the rising need for robust cybersecurity solutions to protect sensitive data transmitted through IoT networks, the increasing prevalence of cyberattacks targeting connected devices, and stringent government regulations aimed at enhancing data privacy and security. The market is segmented by security type (network, endpoint, application, cloud), solution type (IAM, IPS, DLP, UTM, etc.), application area (home automation, wearables, industrial processes), end-user (healthcare, manufacturing, etc.), and geography (Brazil, Argentina, Mexico). Brazil, Argentina, and Mexico represent the largest markets within the region, with growth fueled by expanding digital infrastructure and rising smartphone penetration. However, challenges remain, including a lack of cybersecurity awareness among consumers and businesses, limited skilled cybersecurity professionals, and the high cost of implementing comprehensive IoT security solutions. To mitigate these challenges, substantial investments in cybersecurity infrastructure and training programs are needed, along with the development of affordable and user-friendly security solutions tailored to the specific needs of the Latin American market. The diverse range of applications for IoT in Latin America presents lucrative opportunities for security providers. Focus areas include strengthening security protocols in crucial sectors such as healthcare (patient data) and finance (transaction security) and mitigating risks associated with industrial IoT deployments in manufacturing and supply chain operations. The competitive landscape is dynamic, with both established global players and regional players vying for market share. Companies such as FireEye, IBM, Trend Micro, and Symantec are actively expanding their presence in the region, leveraging partnerships and acquisitions to enhance their market reach and service offerings. The market’s future growth is intricately linked to the wider expansion of IoT adoption and the increasing sophistication of cyber threats. Continuous innovation in security technologies, focusing on AI-driven threat detection, proactive security measures, and user-friendly interfaces, will be critical for sustained growth and market leadership. Furthermore, effective government policies promoting cybersecurity awareness and facilitating the adoption of secure IoT technologies will play a significant role in shaping the future of this rapidly expanding market. We project continued strong growth, driven by the factors mentioned above, resulting in a substantial market size by 2033. This comprehensive report provides an in-depth analysis of the burgeoning Latin America Internet of Things (IoT) security market, covering the period from 2019 to 2033. With a base year of 2025 and an estimated year of 2025, the report offers valuable insights into market size (in millions of dollars), growth drivers, challenges, and key players shaping this dynamic landscape. The forecast period extends from 2025 to 2033, while the historical period analyzed is 2019-2024. This report is crucial for businesses seeking to navigate the complexities of this rapidly evolving sector and capitalize on its immense growth potential. Recent developments include: June 2022 - Telefónica Tech announced its partnership with Netskope to deliver cloud security solutions through the commercialization of Netskope's portfolio of products and services in the regions, including Latin America. The partnership would focus on supporting public sector organizations and large and mid-sized businesses in their digital transformation journeys., March 2022, Amazon Web Services (AWS) has announced collaborations with two Latin American operators, and Amazon Web Services (AWS) has announced collaborations with two Latin American operators, reflecting a global trend in IoT device collaboration.. Key drivers for this market are: Increasing Number of Data Breaches, Emergence of Smart Cities. Potential restraints include: Growing Complexity among Devices, coupled with the Lack of Ubiquitous Legislation. Notable trends are: Solution Segment to Record a Larger Market Share.

The global market for Technology Platforms for Internet of Things (IoT) is experiencing robust growth, driven by the increasing adoption of IoT devices across diverse sectors. While the exact market size for 2025 isn't provided, considering a plausible CAGR of 15% (a conservative estimate given the rapid IoT expansion) and a hypothetical 2019 market size of $50 billion, we can project a 2025 market size of approximately $100 billion. This substantial growth reflects the expanding applications of IoT in smart homes, smart cities, industrial automation (manufacturing process management), healthcare, and telematics. Key drivers include the decreasing cost of hardware and connectivity, advancements in data analytics and AI-powered solutions enabling improved decision-making, and the rising demand for enhanced operational efficiency and improved security. The market is segmented by platform type (Device Management, Network Connectivity Management, and Application Enablement) and application (Smart Home, Smart City, Public Safety, Manufacturing, Healthcare, Telematics, and Construction). The competitive landscape is highly fragmented, with major players like Amazon, Microsoft, Google, IBM, and PTC competing alongside numerous specialized IoT platform providers. The continued expansion of 5G networks and the growing integration of edge computing are poised to further accelerate market growth in the coming years. The forecast period (2025-2033) promises even more significant expansion, with the CAGR potentially exceeding 15% depending on technological breakthroughs and global economic conditions. This growth will likely be concentrated in regions experiencing rapid digital transformation, particularly in Asia Pacific and North America. Restraints include cybersecurity concerns related to IoT device vulnerabilities and the complexity of integrating diverse IoT systems into existing infrastructures. However, the potential benefits in terms of enhanced efficiency, cost savings, and improved decision-making will continue to drive strong demand for sophisticated IoT technology platforms across a wide range of sectors. Consequently, strategic partnerships, acquisitions, and investments in research and development will be crucial for companies to maintain competitiveness in this evolving and dynamic market.

The Managed IoT Services market is experiencing robust growth, projected to reach a significant market size driven by the increasing adoption of IoT devices across diverse sectors. A Compound Annual Growth Rate (CAGR) of 27.82% from 2019 to 2024 indicates a rapidly expanding market, fueled by several key factors. The convergence of IoT devices and cloud computing allows for efficient data management and analysis, driving the demand for managed services. Businesses are increasingly outsourcing the complexities of IoT device management, security, and data analytics to specialized providers, leading to market expansion. The rising need for proactive maintenance, remote monitoring, and predictive analytics within industries like energy and utilities, manufacturing, and healthcare are particularly strong drivers. Furthermore, the growing sophistication of IoT applications, encompassing network management, device management, data management, and security management, contributes to the market's expansion. The competitive landscape is characterized by a mix of established technology giants and specialized managed service providers, leading to innovation and competitive pricing. Geographical expansion into developing economies with burgeoning IoT adoption will further contribute to market growth in the coming years. This growth trajectory is expected to continue through 2033. While challenges remain, such as the complexities of data security and privacy, and the need for skilled professionals to manage these sophisticated systems, the overall market outlook remains positive. The segmentation by application (network, device, data, and security management) and end-user (energy, manufacturing, retail, healthcare, BFSI, IT & Telecom) reflects the diverse applicability of managed IoT services. North America and Europe currently hold significant market share, but the Asia-Pacific region is poised for rapid expansion due to increasing digitalization and IoT adoption. The ongoing development of advanced analytics, AI-powered solutions, and edge computing technologies will shape the future of the Managed IoT Services market, further accelerating its growth and evolution. Recent developments include: December 2022: KORE, a global provider of Internet of Things (IoT) solutions and global IoT connectivity-as-a-service (IoT CaaS), recently announced the formation of a go-to-market partnership with Google Cloud to enable IoT functionality for organizations worldwide. With the support of KORE's IoT Solutions and Google Cloud infrastructure and capabilities, businesses could develop effective IoT solutions., May 2022: HCL Technologies and SAP collaboration were announced on industry-relevant IoT packaged offerings and services. HCL Technologies is a worldwide technology corporation and Internet of Things (IoT) approved business. When implementing Industry 4.0 transformations, companies must deal with a fragmented and complex solution stack. HCL Technologies will package pertinent SAP software with services and hardware that can speed up and simplify this process.. Key drivers for this market are: Consumer propensity Towards Managed Cloud Services, Growing Adoption of IoT from Industries; Increasing use of IOT in Manufacturing Sector to boost the market. Potential restraints include: Consumer propensity Towards Managed Cloud Services, Growing Adoption of IoT from Industries; Increasing use of IOT in Manufacturing Sector to boost the market. Notable trends are: Manufacturing Sector to Hold a Significant Market Share.

Market Size and Growth: The global IoT Data Management market was valued at USD 40.11 billion in 2025 and is projected to reach USD 131.26 billion by 2033, exhibiting a CAGR of 15.97%. The growing adoption of IoT devices and sensors, the increasing need for data analysis and insights, and advancements in data management technologies are the primary drivers propelling market growth. Key Trends and Restraints: The market is witnessing significant trends such as the rise of edge computing, AI-powered data analytics, and the adoption of cloud-based solutions. These trends are expected to enhance the efficiency and scalability of IoT data management systems. However, challenges such as data security concerns, privacy regulations, and the lack of interoperability standards may restrain market growth. The market is segmented by solution and services (data storage, analytics, security) and organization size (large enterprises, SMEs). The region with the largest market share is North America, followed by Europe and Asia Pacific. Recent developments include: December 2022: An Internet of Things solutions supplier, Aeris, signed an agreement with Ericsson in order to obtain the Connected Vehicle Cloud business and IoT Accelerator of Ericsson. Both companies together will offer software for IoT connection for several enterprises in 190 countries and more than 100 million IoT devices globally., February 2018: Xively from LogMeIn was acquired by Google for USD 50 million, providing Google Cloud with an established IoT platform to add to its product portfolio as it expects to utilize this as a springboard in the growing IoT market., August 2019: A pioneer in hybrid data management, data integration technology, and cloud data warehouse, Actian announced the launch of a novel Actian ZenTM integrated database for both the IoT and mobiles.. Key drivers for this market are: Driver Impact Analysis. Potential restraints include: Restraint Impact Analysis.