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Consumer IoT Market, Global Outlook and Forecast 2023-2030

The global Consumer IoT market was valued at US$ 65660 million in 2022 and is projected to reach US$ 165850 million by 2029, at a CAGR of 14.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Internet of things (IoT) is the extension of Internet connectivity into physical devices and everyday objects.
This report aims to provide a comprehensive presentation of the global market for Consumer IoT, 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 Consumer IoT. This report contains market size and forecasts of Consumer IoT in global, including the following market information:

  • Global Consumer IoT Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global top five companies in 2022 (%)

In the consumer Internet of Things market, as the number of connected devices increases, the amount of data continues to increase. These huge amounts of data are driving the development of the data management software market. By implementing IoT data management software, the company's goal is to gain competitive advantage through predictive analytics and optimize its business operations. In addition, a large number of interconnected devices control physical infrastructure and add connectivity, making these devices and their networks more vulnerable to cyber attacks, leading to a surge in demand for highly complex security solutions in the IoT market.
We surveyed the Consumer IoT 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 Consumer IoT Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Consumer IoT Market Segment Percentages, by Type, 2022 (%)

  • IoT Node Component
  • IoT Network Infrastructure
  • Internet of Things Solution
  • Internet of Things Service

Global Consumer IoT Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Consumer IoT Market Segment Percentages, by Application, 2022 (%)

  • Wearable Device
  • Consumer Electronics Products
  • Medical Insurance
  • Home Automation
  • Car
  • Other

Global Consumer IoT Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Consumer IoT 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 Consumer IoT revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Consumer IoT revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

  • Qualcomm
  • Texas Instruments
  • NXP Semiconductors
  • Intel
  • Stmicroelectronics
  • International Business Machines
  • General Electric
  • Symantec
  • TE Connectivity
  • Schneider Electric
  • Cisco Systems
  • Amazon
  • Apple
  • Alphabet
  • LG Electronics
  • Samsung Electronics
  • Sony
  • Microsoft
  • AT&T
  • Honeywell
  • Hewlett Packard Enterprise

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of Consumer IoT, market overview.
  • Chapter 2: Global Consumer IoT market size in revenue.
  • Chapter 3: Detailed analysis of Consumer IoT 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 Consumer IoT 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.