Global Internet Of Things IOT Overview
Internet of Things (IoT) Telecom Services Market was valued at US$ 14.5 billion in 2024 and is projected to grow at a CAGR of 31.8% to reach US$ 228.9 billion by 2034.
The term internet of things refer to rising highly growing networks of connected objects that are able to collect and exchange data in real time using embedded sensors also many appliances can be connected to IoT , such as thermostats, cars, lights, refrigerators, and many more etc.
In simple term, internet of things is a system of interrelated computing devices, mechanical and digital machine, people that are provided with unique identifiers (UIDs) and the ability to transfer data without requiring human-to-human or human-to-computer interaction and have many applications such as wearables, health, agriculture, hospitality, water supply, etc. The IoT are important because they enables companies to automate processes and reduce labor costs.
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global Internet Of Things IOT Dynamics
Increasing the demand for IoT
The key factors that are rising demand for global market are, monitor data, speedy operation, adapting to new standards, automation and control, saving money, data breach and the penetration of communication and networking technologies .
The market is predicted to grow at a favorable rate due to the advancement of wireless networking technologies, the rise of advanced data analytics, a decrease in the cost of connected devices, and an increase in cloud platform usage. Therefore, reducing cost of IoT-based sensors and connectivity and customers demand for increasing adoption of smart payment solution are some major factor that driving the global internet of things IoT market.
Global Internet Of Things IOT Segmentation
The internet of things (IoT) market is segmented based on types, application, and region.
On the basis of types, the internet of things (IoT) telecom service market is segmented into Business Consulting Services, Device & Application Management Services, Installation & Integration Services, IoT Billing & Subscription Management, and M2m Billing Services. On the basis of application, the target market is segmented into Smart Buildings & Home Automation, Capillary Network Management, Industrial Manufacturing & Automation, and Vehicle Telematics.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the internet of things(IoT) telecom service market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to account for the largest market share in the IoT telecom services market. Emerging technologies that are expected to emerge out of existing technology transforming manufacturing in U.S. is also rising industry faces complex.
Report Scope:
|
Attribute |
Details |
|
Market Size 2024 |
US$ 14.5 billion |
|
Projected Market Size 2034 |
US$ 228.9 billion |
|
CAGR Growth Rate |
31.8% |
|
Base year for estimation |
2023 |
|
Forecast period |
2024 – 2034 |
|
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
|
Market Segmentation |
By Types- Business Consulting Services, Device & Application Management Services, Installation & Integration Services, IoT Billing & Subscription Management, and M2m Billing Services. By Application– Smart Buildings & Home Automation, Capillary Network Management, Industrial Manufacturing & Automation, and Vehicle Telematics. |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the internet of things (IoT) telecom service market report based on types, application, and region.
Internet of Things (IoT) Telecom Service Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Internet Of Things IOT Key Players
The Key players operating in the Internet of Things (IoT) Telecom Services market include Aeris, Inc., AT&T, Inc., China Mobile, Deutsche Telekom, Ericsson, Huawei, NTT, SoftBank, Sprint and Swisscom.
Global Internet Of Things IOT Company Profile
- Aeris, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AT&T, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- China Mobile
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Deutsche Telekom
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ericsson
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Huawei
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- NTT
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SoftBank
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sprint
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Swisscom
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Internet Of Things IOT Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Business Consulting Services
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Device & Application Management Services
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Installation & Integration Services
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- oT Billing & Subscription Management
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- M2m Billing Services
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Smart Buildings & Home Automation
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Capillary Network Management
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Industrial Manufacturing & Automation
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Vehicle Telematics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- North America
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Aeris, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AT&T, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- China Mobile
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Deutsche Telekom
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ericsson
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Huawei
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- NTT
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SoftBank
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sprint
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Swisscom
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Internet of Things (IoT) Telecom Services market is segmented into basis of type, application, and region.
The market is predicted to grow at a favourable rate due to the advancement of wireless networking technologies, the rise of advanced data analytics, a decrease in the cost of connected devices, and an increase in cloud platform usage.
By region, North America is expected to account for the largest market share in the IoT telecom services market, followed by Europe in 2016.
The Key players operating in the global Internet of Things (IoT) Telecom Services market include Aeris, Inc., AT&T, Inc., China Mobile, Deutsche Telekom, Ericsson, Huawei, NTT, SoftBank, Sprint and Swisscom.