Global IoT Connectivity Market Growth (Status and Outlook) 2023-2029

Global IoT Connectivity Market Growth (Status and Outlook) 2023-2029

The internet of things, or IoT, is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs) and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

LPI (LP Information)' newest research report, the “IoT Connectivity Industry Forecast” looks at past sales and reviews total world IoT Connectivity sales in 2022, providing a comprehensive analysis by region and market sector of projected IoT Connectivity sales for 2023 through 2029. With IoT Connectivity sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT Connectivity industry.

This Insight Report provides a comprehensive analysis of the global IoT Connectivity 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 Connectivity portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT Connectivity market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT Connectivity 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 Connectivity.

The global IoT Connectivity market size is projected to grow from US$ 3334.2 million in 2022 to US$ 6920.6 million in 2029; it is expected to grow at a CAGR of 11.0% from 2023 to 2029.

United States market for IoT Connectivity is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for IoT Connectivity is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for IoT Connectivity is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key IoT Connectivity players cover AT&T, Cisco, Verizon, Vodafone, Ericsson, Sierra Wireless, Orange Business Services, Telefónica and Telit, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Data Management
Remote Monitoring
Real-time Flow Analysis
Others

Segmentation by application
Smart Manufacturing
Connected Health
Smart Retail
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.
AT&T
Cisco
Verizon
Vodafone
Ericsson
Sierra Wireless
Orange Business Services
Telefónica
Telit
Particle
Huawei

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