Global Open-source IoT Platform Market Growth (Status and Outlook) 2025-2031

The global Open-source IoT Platform market size is predicted to grow from US$ 5577 million in 2025 to US$ 13470 million in 2031; it is expected to grow at a CAGR of 15.8% from 2025 to 2031.

An open-source IoT (Internet of Things) platform is a software framework that enables the development, deployment, and management of IoT devices and systems. These platforms provide tools, protocols, and services for connecting and integrating a wide variety of IoT devices (e.g., sensors, actuators, and smart devices) with back-end systems. What sets open-source IoT platforms apart is that their source code is publicly available and can be freely modified, extended, or customized, giving users full control over the software.

United States market for Open-source IoT Platform is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Open-source IoT Platform is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Open-source IoT Platform is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Open-source IoT Platform players cover ThingSpeak, Kaa IoT Platform, OpenIoT, DeviceHive, Eclipse IoT, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Open-source IoT Platform Industry Forecast” looks at past sales and reviews total world Open-source IoT Platform sales in 2024, providing a comprehensive analysis by region and market sector of projected Open-source IoT Platform sales for 2025 through 2031. With Open-source IoT Platform sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Open-source IoT Platform industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Open-source IoT Platform 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 Open-source IoT Platform.

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

Segmentation by Type:
Cloud-Based
On-Premises

Segmentation by Application:
Large enterprises
SMEs

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.
ThingSpeak
Kaa IoT Platform
OpenIoT
DeviceHive
Eclipse IoT
Mainflux
Mosquitto
Node-RED
IoTivity
Losant

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