Internet of Things (IOT) in Healthcare Market Report by Component (Medical Devices, System and Software, Services), Connectivity Technology (Wi-Fi, Bluetooth Low Energy, ZigBee, Near Field Communication (NFC), Cellular, Satellite), Application (Telemedici

The global internet of things (IOT) in healthcare market size reached USD 369.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1,176.5 Billion by 2033, exhibiting a growth rate (CAGR) of 13.73% during 2025-2033. Increasing adoption of the Internet of Things (IoT) devices by healthcare providers, growing demand for real-time health monitoring, advancements in sensor technology and data analytics, rising prevalence of chronic diseases, government initiatives promoting digital healthcare infrastructure, and focus on preventive healthcare are fostering the market growth.

The Internet of things (IoT) is a data network comprising devices that connect to the Internet and exchange data without requiring human-to-machine interaction. It finds extensive applications in the retail sector as IoT helps link the physical and digital world by allowing bidirectional real-time interaction with consumers inside and outside the store. It offers functional advantages, such as dynamic pricing, inventory tracking, monitoring, and personalized recommendations. Besides this, it also allows retailers to track customer movement and acquire insights about their shopping behavior.

Internet of Things in Retail Market Trends:

The rising automation in the retail sector to minimize labor costs represents one of the key factors bolstering the growth of the market. Moreover, retailers are focusing on launching innovative products and services and guaranteeing security to avoid data breaches. They are also aiming at bringing a digital transformation to their conventional bricks-and-mortar outlets. As a result, retailers are nowadays adopting IoT technologies, such as digital signage, payment systems, and smart lighting and vending machines. In addition, they are utilizing radio-frequency identification (RFID) for asset tracking in stores and warehouses, sensors and cameras for monitoring product status and customer traffic, and in-store Wi-Fi to detect return customers and encourage digital interaction. Apart from this, IoT devices enhance customer experience (CX) in stores through interactive terminals, virtual or augmented reality (AR/VR) experience, smart fitting rooms, and robots that can be deployed as smart sales assistants. These benefits, coupled with the rapid expansion of the e-commerce industry, are facilitating the growth of the market. Furthermore, with the declining cost of IoT hardware, small and medium-sized retailers are increasingly investing in IoT technologies, which is positively influencing the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on the component, connectivity technology, application, and end user.

Breakup by Solution:

• Hardware
• RFID tags
• Beacons
• Sensors
• Wearables
• Software

Breakup by Service:

• Professional Services
• Managed Services

Breakup by Technology:

• Near Field Communication
• Bluetooth Low Energy
• ZigBee
• Others

Breakup by Platform:

• Device Management
• Application Management
• Connectivity Management

Breakup by Application:

• Operations Management
• Asset Management
• Customer Experience Management
• Advertising and Marketing

Breakup by Region:

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Allerin Tech Pvt Ltd, Amazon.com Inc., Bosch.IO GmbH, Cisco Systems Inc., Huawei Technologies Co. Ltd, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, NEC Corporation (AT&T Corporation), Oracle Corporation, Software AG, Telit and Vodafone Group Plc.

Key Questions Answered in This Report

1.What was the size of the global Internet of Things (IOT) in healthcare market in 2024?

2.What is the expected growth rate of the global Internet of Things (IOT) in healthcare market during 2025-2033?

3.What are the key factors driving the global Internet of Things (IOT) in healthcare market?

4.What has been the impact of COVID-19 on the global Internet of Things (IOT) in healthcare market?

5.What is the breakup of the global Internet of Things (IOT) in healthcare market based on the component?

6.What is the breakup of the global Internet of Things (IOT) in healthcare market based on the connectivity technology?

7.What is the breakup of the global Internet of Things (IOT) in healthcare market based on application?

8.What is the breakup of the global Internet of Things (IOT) in healthcare market based on the end user?

9.What are the key regions in the global Internet of Things (IOT) in healthcare market?

10.Who are the key players/companies in the global Internet of Things (IOT) in healthcare market?