Market Overview:
The global IoT connectivity market is expected to exhibit a CAGR of 24.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Internet of Things (IoT) connectivity refers to a network solution that provides a communication platform and network infrastructure for connecting IoT devices. It relies on a range of technologies, depending on the use cases. For instance, a Wi-Fi system is an extensively utilized frequent technology for wireless communication that provides internet services to devices like smartphones, computers, and laptops. At present, low power wide area network (LPWAN) is widely adopted in rural, offshore, and other areas with minimal accessibility as it is secure and reliable and consumes less power.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
IoT Connectivity Market Trends:
Companies around the world are relying on IoT technology to derive data-driven insights, boost productivity and efficiency, create new business models and revenue streams, and expand business globally. This represents one of the major factors propelling the market growth. Moreover, the emerging automation trend in industrial processes is driving the demand for IoT connectivity to monitor products and address quality defects in real-time continuously. Apart from this, IoT wearables are gaining widespread adoption in the healthcare industry as they enable health analytics to monitor a patient remotely. They are also utilized to track the health and safety of workers that are employed in hazardous conditions, which is contributing to the market growth. Furthermore, the boosting sales of connected cars due to increasing preferences for luxurious driving experiences are catalyzing the demand for IoT connectivity to aid device-to-device communication. Besides this, rising investments by governments of several economies on the development of smart cities are expanding the applications of IoT connectivity. It assists in reducing energy consumption and improving building performance, waste management, urban space management, use of street lighting, outdoor air quality, and road safety.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global IoT connectivity market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, application, enterprise size and end use industry.
Breakup by Component:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Breakup by Application:
- Buildings and Home Automation
- Smart Energy and Utility
- Smart Manufacturing
- Smart Retail
- Smart Transportation
- Others
Breakup by Enterprise Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by End Use Industry:
- BFSI
- Healthcare
- Travel and Hospitality
- Defense and Aerospace
- IT and Telecommunication
- Retail and E-Commerce
- Manufacturing
- Others
Breakup by Region:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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 Aeris, AT&T Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Orange, Sierra Wireless, Sigfox, Telefonaktiebolaget LM Ericsson, Telefónica S.A., Telit, Verizon Communications Inc. and Vodafone Group Plc.
Report Coverage:
Report Features |
Details |
---|
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Billion |
Segment Coverage |
Component, Application, Enterprise Size, End Use Industry, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Aeris, AT&T Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Orange, Sierra Wireless, Sigfox, Telefonaktiebolaget LM Ericsson, Telefónica S.A., Telit, Verizon Communications Inc. and Vodafone Group Plc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global IoT connectivity market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global IoT connectivity market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the enterprise size?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global IoT connectivity market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global IoT Connectivity Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Solutions
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Buildings and Home Automation
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Smart Energy and Utility
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Smart Manufacturing
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Smart Retail
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Smart Transportation
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Enterprise Size
8.1 Small and Medium-sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use Industry
9.1 BFSI
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Healthcare
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Travel and Hospitality
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Defense and Aerospace
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 IT and Telecommunication
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Retail and E-Commerce
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Manufacturing
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Aeris
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 AT&T Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Cisco Systems Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Huawei Technologies Co. Ltd.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Orange
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Sierra Wireless
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Sigfox
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Telefonaktiebolaget LM Ericsson
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Telefónica S.A.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Telit
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Verizon Communications Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Vodafone Group Plc
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
List of Figures
Figure 1: Global: IoT Connectivity Market: Major Drivers and Challenges
Figure 2: Global: IoT Connectivity Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: IoT Connectivity Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: IoT Connectivity Market: Breakup by Component (in %), 2021
Figure 5: Global: IoT Connectivity Market: Breakup by Application (in %), 2021
Figure 6: Global: IoT Connectivity Market: Breakup by Enterprise Size (in %), 2021
Figure 7: Global: IoT Connectivity Market: Breakup by End Use Industry (in %), 2021
Figure 8: Global: IoT Connectivity Market: Breakup by Region (in %), 2021
Figure 9: Global: IoT Connectivity (Solutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: IoT Connectivity (Solutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: IoT Connectivity (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: IoT Connectivity (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: IoT Connectivity (Buildings and Home Automation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: IoT Connectivity (Buildings and Home Automation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: IoT Connectivity (Smart Energy and Utility) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: IoT Connectivity (Smart Energy and Utility) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: IoT Connectivity (Smart Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: IoT Connectivity (Smart Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: IoT Connectivity (Smart Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: IoT Connectivity (Smart Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: IoT Connectivity (Smart Transportation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: IoT Connectivity (Smart Transportation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: IoT Connectivity (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: IoT Connectivity (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: IoT Connectivity (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: IoT Connectivity (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: IoT Connectivity (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: IoT Connectivity (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: IoT Connectivity (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: IoT Connectivity (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: IoT Connectivity (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: IoT Connectivity (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: IoT Connectivity (Travel and Hospitality) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: IoT Connectivity (Travel and Hospitality) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: IoT Connectivity (Defense and Aerospace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: IoT Connectivity (Defense and Aerospace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: IoT Connectivity (IT and Telecommunication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: IoT Connectivity (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: IoT Connectivity (Retail and E-Commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: IoT Connectivity (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: IoT Connectivity (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: IoT Connectivity (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: IoT Connectivity (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: IoT Connectivity (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: North America: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: North America: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: United States: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: United States: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Canada: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Canada: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Asia-Pacific: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Asia-Pacific: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: China: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: China: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Japan: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Japan: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: India: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: India: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: South Korea: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: South Korea: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Australia: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Australia: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Indonesia: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Indonesia: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Europe: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Europe: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Germany: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Germany: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: France: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: France: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: United Kingdom: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: United Kingdom: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Italy: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Italy: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Spain: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Spain: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Russia: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Russia: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Others: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Others: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Latin America: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Latin America: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Brazil: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Brazil: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Mexico: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Mexico: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Others: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Others: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Middle East and Africa: IoT Connectivity Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Middle East and Africa: IoT Connectivity Market: Breakup by Country (in %), 2021
Figure 93: Middle East and Africa: IoT Connectivity Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 94: Global: IoT Connectivity Industry: SWOT Analysis
Figure 95: Global: IoT Connectivity Industry: Value Chain Analysis
Figure 96: Global: IoT Connectivity Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: IoT Connectivity Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: IoT Connectivity Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: IoT Connectivity Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: IoT Connectivity Market Forecast: Breakup by Enterprise Size (in Million US$), 2022-2027
Table 5: Global: IoT Connectivity Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 6: Global: IoT Connectivity Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: IoT Connectivity Market: Competitive Structure
Table 8: Global: IoT Connectivity Market: Key Players