Global IoT Cloud Market Growth (Status and Outlook) 2024-2030

Global IoT Cloud Market Growth (Status and Outlook) 2024-2030

The global IoT Cloud market size is projected to grow from US$ 1615.7 million in 2023 to US$ 2398.9 million in 2030; it is expected to grow at a CAGR of 5.8% from 2024 to 2030.

LPI (LP Information)' newest research report, the “IoT Cloud Industry Forecast” looks at past sales and reviews total world IoT Cloud sales in 2023, providing a comprehensive analysis by region and market sector of projected IoT Cloud sales for 2024 through 2030. With IoT Cloud sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT Cloud industry.

This Insight Report provides a comprehensive analysis of the global IoT Cloud landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IoT Cloud portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT Cloud market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT Cloud and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IoT Cloud.

According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.

This report presents a comprehensive overview, market shares, and growth opportunities of IoT Cloud market by product type, application, key players and key regions and countries.

Segmentation by type
Information Processing
Signal Communication
Other

Segmentation by application
Manufacturing
Energy & Power
Oil & Gas
Metals & Mining
Healthcare
Agriculture
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Intel Corporation
Ayla Networks
Artik Cloud
AWS IOT
GE Predix
Google
Microsoft
IBM Watson IoT
ThingWorx
Salesforce IoT Cloud
Telit DeviceWise
Xively
Zebra Zatar Cloud
WebNMS
Oracle

Please note: The report will take approximately 2 business days to prepare and deliver.