The global consumer IoT market size reached nearly USD 280.94 Billion in 2025. The market is projected to grow at a CAGR of 11.30% between 2026 and 2035 to reach a value of around USD 819.53 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
11.3%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Consumer IoT Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 280.94 |
| Market Size 2035 | USD Billion | 819.53 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 11.30% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 12.7% |
| CAGR 2026-2035 - Market by Country | India | 14.4% |
| CAGR 2026-2035 - Market by Country | China | 12.5% |
| CAGR 2026-2035 - Market by Offering | Hardware | 12.7% |
| CAGR 2026-2035 - Market by Application | Automotive | 12.9% |
| Market Share by Country 2025 | UK | 3.9% |
Consumer IoT refers to consumer devices or equipment equipped with the Internet of things (IoT) technology. IoT enables these devices to collect, share, and store data using the internet. Consumer IoT can be implemented in various aspects of daily life, such as asset tracking, healthcare, and entertainment, among others.
“ Consumer IoT Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Breakup by Offering
Breakup by Connectivity
Breakup by Application
Breakup by Region
| CAGR 2026-2035 - Market by | Country |
| India | 14.4% |
| China | 12.5% |
| USA | 10.1% |
| Germany | 9.3% |
| Australia | 8.9% |
| Canada | XX% |
| UK | XX% |
| France | XX% |
| Italy | 7.9% |
| Japan | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Home automation accounts for a significant portion of the consumer IoT market share. This can be attributed to the heightening adoption of home automation systems to optimise energy efficiency, improve the functionality of appliances, and maximise home security. In addition, a rapid shift towards a convenient lifestyle is further propelling the adoption of consumer IoTs.
As per the consumer IoT market analysis, North America is likely to witness a healthy growth in the forecast period. The growing demand for smart devices and the increasing use of technology in everyday applications are major factors driving the adoption of consumer IoT in the region. Moreover, the strong foothold of IoT companies across well-established economies such as the United States of America is further bolstering the market.
The comprehensive Expert Market Research report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global consumer IoT market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Microsoft Corporation is a leading technology corporation known for its Windows line of operating systems. The company also develops IoT solutions to provide secure, scalable, and open edge-to-cloud solutions. It was founded in 1975 and is headquartered in Washington, the United States.
IBM Corporation is a multinational technology company which was founded in 1911 and is headquartered in New York, the United States. The company offers IoT solutions to help businesses extract valuable insights to improve operations.
Infineon Technologies AG, founded in 1999, is a leading semiconductor company with expertise in IoT and power systems. Headquartered in Neubiberg, Germany, the company offers innovative services, solutions, and products for the automotive, telecommunications, and electronics sectors. Through its semiconductor solutions, the company aims to enhance the functionality and connectivity of IoT devices.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other consumer IoT market players include Amazon Web Services, Inc., Intel Corporation, Hewlett Packard Enterprise Development LP, Schneider Electric SE, TE Connectivity Ltd., Texas Instruments Incorporated, and NXP Semiconductors N.V., among others.
IoT Device Management Market
IoT Medical Devices Market
IoT in Healthcare Market
IoT Connectivity Market
Industrial IOT Market
IoT Security Market
IoT Testing Market
IoT Sensor Market
5G IoT Market
IoT Market
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of nearly USD 280.94 Billion in 2025.
The market is estimated to grow at a CAGR of 11.30% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach a value of around USD 819.53 Billion by 2035.
The rising popularity of consumer IoT devices such as smart light switches and smart locks, the heightening penetration of consumer IoT in hybrid and electric vehicles, and the growing adoption of home automation systems to optimise energy efficiency are the major drivers of the market.
The key trends in the market include the emergence of healthcare IoT technology and the rapid adoption of IoT wearables for personal healthcare purposes.
Hardware, software, and services are the different segments based on the offerings of consumer IoT.
Wired and wireless are the major segments based on the connectivity of consumer IoT.
Microsoft Corporation, IBM Corporation, Amazon Web Services, Inc., Intel Corporation, Hewlett Packard Enterprise Development LP, Schneider Electric SE, TE Connectivity Ltd., Texas Instruments Incorporated, NXP Semiconductors N.V., and Infineon Technologies AG, among others, are the key market players.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Offering |
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| Breakup by Connectivity |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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