Research Summary
The Internet of Things (IoT) refers to a network of interconnected physical devices, vehicles, appliances, and other objects embedded with sensors, software, and network connectivity that enables them to collect and exchange data. The IoT ecosystem facilitates the seamless communication and interaction between these devices, allowing them to share information and perform actions autonomously. IoT technology enables real-time monitoring, control, and optimization of various processes across industries, ranging from smart homes and cities to industrial automation and healthcare. The proliferation of IoT has led to advancements in data analytics, artificial intelligence, and connectivity protocols, transforming the way we live and work by creating a more interconnected and intelligent environment.
According to DIResearch's in-depth investigation and research, the global IoT market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of IoT include AT&T, Verizon, T-Mobile US, Vodafone Group, Orange S.A., Telefónica, SK Telecom, Deutsche Telekom, Ericsson, Nokia, Samsung, Cisco, NEC Corporation, Semtech Corporation, Telit, Fibocom Wireless, Nippon Telegraph and Telephone, Tri Cascade Inc., Sequans Communications, Zhuzhou Hongda Electronics Corp.,Ltd., Shenzhen Neoway Tech, Sunsea Telecommunication, Quectel Wireless, Huawei, China Mobile etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of IoT. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global IoT market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the IoT market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of IoT industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of IoT Include:
AT&T
Verizon
T-Mobile US
Vodafone Group
Orange S.A.
Telefónica
SK Telecom
Deutsche Telekom
Ericsson
Nokia
Samsung
Cisco
NEC Corporation
Semtech Corporation
Telit
Fibocom Wireless
Nippon Telegraph and Telephone
Tri Cascade Inc.
Sequans Communications
Zhuzhou Hongda Electronics Corp.,Ltd.
Shenzhen Neoway Tech
Sunsea Telecommunication
Quectel Wireless
Huawei
China Mobile
IoT Product Segment Include:
Low Band IoT
Mid Band IoT
High Band
IoT Product Application Include:
Industry
Automobile
Medical
Municipal
Agriculture
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global IoT Industry PESTEL Analysis
Chapter 3: Global IoT Industry Porter’s Five Forces Analysis
Chapter 4: Global IoT Major Regional Market Size and Forecast Analysis
Chapter 5: Global IoT Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Passenger IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global IoT Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
- 1 IoT Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 IoT Product by Type
- 1.2.1 Low Band IoT
- 1.2.2 Mid Band IoT
- 1.2.3 High Band
- 1.3 IoT Product by Application
- 1.3.1 Industry
- 1.3.2 Automobile
- 1.3.3 Medical
- 1.3.4 Municipal
- 1.3.5 Agriculture
- 1.3.6 Other
- 1.4 Global IoT Market Size Analysis (2020-2032)
- 1.5 IoT Market Development Status and Trends
- 1.5.1 IoT Industry Development Status Analysis
- 1.5.2 IoT Industry Development Trends Analysis
- 2 IoT Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 IoT Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global IoT Market Analysis by Regions
- 4.1 Global IoT Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global IoT Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global IoT Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global IoT Revenue Forecast by Region (2026-2032)
- 5 Global IoT Market Size by Type and Application
- 5.1 Global IoT Market Size by Type (2020-2032)
- 5.2 Global IoT Market Size by Application (2020-2032)
- 6 North America
- 6.1 North America IoT Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America IoT Market Size by Type
- 6.4 North America IoT Market Size by Application
- 6.5 North America IoT Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe IoT Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe IoT Market Size by Type
- 7.4 Europe IoT Market Size by Application
- 7.5 Europe IoT Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China IoT Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China IoT Market Size by Type
- 8.4 China IoT Market Size by Application
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) IoT Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) IoT Market Size by Type
- 9.4 APAC (excl. China) IoT Market Size by Application
- 9.5 APAC (excl. China) IoT Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America IoT Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America IoT Market Size by Type
- 10.4 Latin America IoT Market Size by Application
- 10.5 Latin America IoT Market Size by Country
- 10.5.1 Mexico
- 10.5.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa IoT Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa IoT Market Size by Type
- 11.4 Middle East & Africa IoT Market Size by Application
- 11.5 Middle East & Africa IoT Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global IoT Market Revenue by Key Manufacturers (2021-2025)
- 12.2 IoT Competitive Landscape Analysis and Market Dynamic
- 12.2.1 IoT Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 AT&T
- 13.1.1 AT&T Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 AT&T IoT Product Portfolio
- 13.1.3 AT&T IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.2 Verizon
- 13.2.1 Verizon Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 Verizon IoT Product Portfolio
- 13.2.3 Verizon IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.3 T-Mobile US
- 13.3.1 T-Mobile US Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 T-Mobile US IoT Product Portfolio
- 13.3.3 T-Mobile US IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.4 Vodafone Group
- 13.4.1 Vodafone Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 Vodafone Group IoT Product Portfolio
- 13.4.3 Vodafone Group IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.5 Orange S.A.
- 13.5.1 Orange S.A. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 Orange S.A. IoT Product Portfolio
- 13.5.3 Orange S.A. IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.6 Telefónica
- 13.6.1 Telefónica Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 Telefónica IoT Product Portfolio
- 13.6.3 Telefónica IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.7 SK Telecom
- 13.7.1 SK Telecom Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 SK Telecom IoT Product Portfolio
- 13.7.3 SK Telecom IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.8 Deutsche Telekom
- 13.8.1 Deutsche Telekom Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 Deutsche Telekom IoT Product Portfolio
- 13.8.3 Deutsche Telekom IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.9 Ericsson
- 13.9.1 Ericsson Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 Ericsson IoT Product Portfolio
- 13.9.3 Ericsson IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.10 Nokia
- 13.10.1 Nokia Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 Nokia IoT Product Portfolio
- 13.10.3 Nokia IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.11 Samsung
- 13.11.1 Samsung Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 Samsung IoT Product Portfolio
- 13.11.3 Samsung IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.12 Cisco
- 13.12.1 Cisco Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.12.2 Cisco IoT Product Portfolio
- 13.12.3 Cisco IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.13 NEC Corporation
- 13.13.1 NEC Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.13.2 NEC Corporation IoT Product Portfolio
- 13.13.3 NEC Corporation IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.14 Semtech Corporation
- 13.14.1 Semtech Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.14.2 Semtech Corporation IoT Product Portfolio
- 13.14.3 Semtech Corporation IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.15 Telit
- 13.15.1 Telit Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.15.2 Telit IoT Product Portfolio
- 13.15.3 Telit IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.16 Fibocom Wireless
- 13.16.1 Fibocom Wireless Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.16.2 Fibocom Wireless IoT Product Portfolio
- 13.16.3 Fibocom Wireless IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.17 Nippon Telegraph and Telephone
- 13.17.1 Nippon Telegraph and Telephone Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.17.2 Nippon Telegraph and Telephone IoT Product Portfolio
- 13.17.3 Nippon Telegraph and Telephone IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.18 Tri Cascade Inc.
- 13.18.1 Tri Cascade Inc. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.18.2 Tri Cascade Inc. IoT Product Portfolio
- 13.18.3 Tri Cascade Inc. IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.19 Sequans Communications
- 13.19.1 Sequans Communications Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.19.2 Sequans Communications IoT Product Portfolio
- 13.19.3 Sequans Communications IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.20 Zhuzhou Hongda Electronics Corp.,Ltd.
- 13.20.1 Zhuzhou Hongda Electronics Corp.,Ltd. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.20.2 Zhuzhou Hongda Electronics Corp.,Ltd. IoT Product Portfolio
- 13.20.3 Zhuzhou Hongda Electronics Corp.,Ltd. IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.21 Shenzhen Neoway Tech
- 13.21.1 Shenzhen Neoway Tech Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.21.2 Shenzhen Neoway Tech IoT Product Portfolio
- 13.21.3 Shenzhen Neoway Tech IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.22 Sunsea Telecommunication
- 13.22.1 Sunsea Telecommunication Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.22.2 Sunsea Telecommunication IoT Product Portfolio
- 13.22.3 Sunsea Telecommunication IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.23 Quectel Wireless
- 13.23.1 Quectel Wireless Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.23.2 Quectel Wireless IoT Product Portfolio
- 13.23.3 Quectel Wireless IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.24 Huawei
- 13.24.1 Huawei Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.24.2 Huawei IoT Product Portfolio
- 13.24.3 Huawei IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 13.25 China Mobile
- 13.25.1 China Mobile Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.25.2 China Mobile IoT Product Portfolio
- 13.25.3 China Mobile IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 IoT Industry Chain Analysis
- 14.2 IoT Industry Raw Material and Suppliers Analysis
- 14.2.1 IoT Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 IoT Typical Downstream Customers
- 14.4 IoT Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
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