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Global Iot Connectivity Market Share, Trends, Forecast: By Component: Platform, Services; By Organisation: Large Enterprises, Small and Medium-Sized Enterprises; By Application: Smart Retail, Smart Manufacturing, Connected Health, Building and Home Automation, Others; Regional Analysis; Competitive Landscape; 2024-2032
IoT Connectivity Market Competitive Landscape
Tata Communications Limited, headquartered in Maharashtra, India, is a leading provider of digital technologies that can support the digital economy and digital transformation of enterprises globally. It has footprints in more than 190 territories and companies and operates the most advanced subsea fibre network carrying 30% of the global internet routes. Its IoT network in India is also one of the largest networks in the world, spanning around 2,000 communities.
Orange S.A. is a prominent digital service provider and telecommunications operator based in France. The company has a wide portfolio in 26 countries and has emerged as a leading provider of telecommunication and IT services to multinational corporations. It also supports digital transformation by facilitating end-to-end digital infrastructure and developing customer-centric solutions.
Huawei Technologies Co., Ltd., established in 1987, is a prominent provider of smart devices and ICT technologies and services. With a presence in more than 170 countries and territories, the company serves more than 3 billion customers. It extensively invests in R&D activities to drive innovations and technological advancements.
Other IoT connectivity market players include Jasper Technologies, Inc., AT&T Inc., Vodafone Group Plc, Hologram Inc., Telit, Telefónica Global Solutions, S.L.U., Telefonaktiebolaget LM Ericsson, Sierra Wireless, Verizon Communications Inc., Particle Industries, Inc., Aeris Communications, Inc., UnaBiz Pte., Ltd, EMnify GmbH, Velos IoT Group, Microsoft Corporation, Soracom, INC., and Pelion IOT Limited, among others.
IoT Connectivity Market Report Snapshots
IoT Connectivity Market Analysis
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global IoT Connectivity Market Analysis
8.1 Key Industry Highlights
8.2 Global IoT Connectivity Historical Market (2018-2023)
8.3 Global IoT Connectivity Market Forecast (2024-2032)
8.4 Global IoT Connectivity Market by Component
8.4.1 Platform
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Services
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global IoT Connectivity Market by Organisation
8.5.1 Large Enterprises
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Small and Medium-Sized Enterprises
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global IoT Connectivity Market by Application
8.6.1 Smart Retail
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Smart Manufacturing
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Connected Health
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Building and Home Automation
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Smart Transportation
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Smart Grid and Utilities
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Others
8.7 Global IoT Connectivity Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America IoT Connectivity Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe IoT Connectivity Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific IoT Connectivity Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America IoT Connectivity Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa IoT Connectivity Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Jasper Technologies, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Huawei Technologies Co., Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 AT&T Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Vodafone Group Plc
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Orange S.A
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Hologram Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Telit
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Telefónica, S.A.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Telefonaktiebolaget LM Ericsson
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Sierra Wireless
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Verizon Communications Inc.
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Particle Industries, Inc.
16.2.12.1 Company Overview
16.2.12.2 Product Portfolio
16.2.12.3 Demographic Reach and Achievements
16.2.12.4 Certifications
16.2.13 Aeris Communications, Inc.
16.2.13.1 Company Overview
16.2.13.2 Product Portfolio
16.2.13.3 Demographic Reach and Achievements
16.2.13.4 Certifications
16.2.14 UnaBiz Pte., Ltd
16.2.14.1 Company Overview
16.2.14.2 Product Portfolio
16.2.14.3 Demographic Reach and Achievements
16.2.14.4 Certifications
16.2.15 EMnify GmbH
16.2.15.1 Company Overview
16.2.15.2 Product Portfolio
16.2.15.3 Demographic Reach and Achievements
16.2.15.4 Certifications
16.2.16 Velos IoT Group
16.2.16.1 Company Overview
16.2.16.2 Product Portfolio
16.2.16.3 Demographic Reach and Achievements
16.2.16.4 Certifications
16.2.17 Microsoft Corporation
16.2.17.1 Company Overview
16.2.17.2 Product Portfolio
16.2.17.3 Demographic Reach and Achievements
16.2.17.4 Certifications
16.2.18 Tata Communications Limited
16.2.18.1 Company Overview
16.2.18.2 Product Portfolio
16.2.18.3 Demographic Reach and Achievements
16.2.18.4 Certifications
16.2.19 Soracom, INC.
16.2.19.1 Company Overview
16.2.19.2 Product Portfolio
16.2.19.4 Certifications
16.2.19.3 Demographic Reach and Achievements
16.2.20 Pelion IOT Limited
16.2.20.1 Company Overview
16.2.20.2 Product Portfolio
16.2.20.4 Certifications
16.2.20.3 Demographic Reach and Achievements
16.2.21 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global IoT Connectivity Market: Key Industry Highlights, 2018 and 2032
2. Global IoT Connectivity Historical Market: Breakup by Component (USD Billion), 2018-2023
3. Global IoT Connectivity Market Forecast: Breakup by Component (USD Billion), 2024-2032
4. Global IoT Connectivity Historical Market: Breakup by Organisation (USD Billion), 2018-2023
5. Global IoT Connectivity Market Forecast: Breakup by Organisation (USD Billion), 2024-2032
6. Global IoT Connectivity Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global IoT Connectivity Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global IoT Connectivity Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global IoT Connectivity Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America IoT Connectivity Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America IoT Connectivity Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe IoT Connectivity Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe IoT Connectivity Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific IoT Connectivity Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific IoT Connectivity Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America IoT Connectivity Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America IoT Connectivity Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa IoT Connectivity Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa IoT Connectivity Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global IoT Connectivity Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 286.14 billion.
The market is assessed to grow at a CAGR of 20.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1499.24 billion by 2032.
The major market drivers are the growing deployment of edge computing by businesses and the surging accessibility to the 5G network.
The key trends aiding the market growth are the growing focus by organisations to improve their efficiency and the rising adoption of digital twin technology by businesses.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major components of IoT connectivity are platform and services.
The major players in the market are Jasper Technologies, Inc., Huawei Technologies Co., Ltd., AT&T Inc., Vodafone Group Plc, Orange S.A., Hologram Inc., Telit, Telefónica Global Solutions, S.L.U., Telefonaktiebolaget LM Ericsson, Sierra Wireless, Verizon Communications Inc., Particle Industries, Inc., Aeris Communications, Inc., UnaBiz Pte., Ltd, EMnify GmbH, Velos IoT Group, Microsoft Corporation, Tata Communications Limited, Soracom, INC., and Pelion IOT Limited, among others.
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