IoT Connectivity Solutions Market, Global Outlook and Forecast 2023-2030
The IoT Connectivity market to grow from USD 3.8 billion in 2019 to USD 8.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.7% during the forecast period.
This report aims to provide a comprehensive presentation of the global market for IoT Connectivity Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Connectivity Solutions. This report contains market size and forecasts of IoT Connectivity Solutions in global, including the following market information:
Global IoT Connectivity Solutions Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global IoT Connectivity Solutions market was valued at US$ 5573.9 million in 2022 and is projected to reach US$ 15440 million by 2029, at a CAGR of 15.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Major factors expected to drive the growth of the market include an increase in demand for connected devices; the need for reliable, secure, and high-speed network connectivity; and ability to integrating the standalone and non-standalone components of IoT ecosystem.
We surveyed the IoT Connectivity Solutions companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IoT Connectivity Solutions Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global IoT Connectivity Solutions Market Segment Percentages, by Type, 2022 (%)
Platform
Services(Professional Services and Managed Services)
Global IoT Connectivity Solutions Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global IoT Connectivity Solutions Market Segment Percentages, by Application, 2022 (%)
Large Enterprises
Small and Medium-sized Enterprises
Global IoT Connectivity Solutions Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global IoT Connectivity Solutions Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IoT Connectivity Solutions revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies IoT Connectivity Solutions revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AT&T (US)
Cisco (US)
Verizon (US)
Vodafone (UK)
Ericsson (Sweden)
Sierra Wireless (Canada)
Orange (France)
Telef?nica (Spain)
Huawei (China)
Telit (Italy)
Hologram (US)
Particle (US)
Aeris (US)
Sigfox (France)
EMnify (Germany)
Moeco (US)
Outline of Major Chapters:
Chapter 1: Introduces the definition of IoT Connectivity Solutions, market overview.
Chapter 2: Global IoT Connectivity Solutions market size in revenue.
Chapter 3: Detailed analysis of IoT Connectivity Solutions company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of IoT Connectivity Solutions in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.