Enterprise IoT Market Size, Share, Trends, Analysis Report by Product (Hardware, Software, Services), Enterprise Size, Vertical (Government, Utilities, Manufacturing, Transport and Logistics, Energy, Insurance, Construction, Retail, Healthcare), Application, Connectivity, Region, and Segment Forecast, 2023-2027
SummaryThe enterprise IoT market size was valued at $683.6 billion in 2023. The market is expected to grow at a CAGR of 17.3% during the forecast period (2023-2027). The enterprise IoT market report provides an executive-level overview of the enterprise IoT market worldwide today, with detailed forecasts of key indicators up to 2027.
This market intelligence report offers a thorough, forward-looking analysis of the global enterprise IoT market by product, vertical, enterprise size, application, connectivity, and region and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
The adoption of enterprise IoT will be supported by the emergence of Artificial Intelligence of Things (AIoT), mainly driven by advancements such as ChatGPT, increasing adoption of smart cities, and advancements in connectivity technologies like LoRaWAN, Sigfox, and Zigbee.
ScopeThis report provides overview and service addressable market for enterprise IoT.
It identifies the key trends impacting growth of the market over the next 12 to 24 months.
It includes global market forecasts for the Enterprise IoT industry and analysis of patents, company filings, and hiring trends.
It contains details of M&A and VF deals in the Enterprise IoT space.
The detailed value chain consists of five main aspects: IoT device layer, IoT connectivity layer, IoT data layer, IoT services layer, and IoT app layer
Reasons to BuyThis market intelligence report offers a thorough, forward-looking analysis of the global enterprise IoT market, product type, vertical, application, connectivity, region, key vendor outlook, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in enterprise IoT market.
With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Enterprise IoT market.
The broad perspective of the report coupled with comprehensive, actionable detail will help enterprise IoT companies, investors, and other stakeholders succeed in the growing enterprise IoT market globally.