IoT Market Trends, Demand, Insights 20203-2032 | Cisco Systems, Inc., Microsoft Corporation, Oracle Corporation, International Business Machine (IBM) Corporation

The Business Research Company’s IoT Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The IoT Global Market Report 2023 evaluates IoT market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global iot market size will grow from $399.41 billion in 2022 to $486.7 billion in 2023 at a compound annual growth rate (CAGR) of 21.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global iot market size is expected to grow to $1057.55 billion in 2027 at a CAGR of 21.4%.

The IoT Market Segments In The Report Are:

 IoT Market By Platform

  • Device Management
  • Application Management
  • Network Management

 IoT Market By End Use Industry

  • BFSI
  • Retail
  • Government
  • Healthcare
  • Manufacturing
  • Transportation
  • IT & Telecom
  • Other End-User Industries

 IoT Market By Application

  • Building And Home Automation
  • Smart Energy And Utilities
  • Smart Manufacturing
  • Connected Logistics
  • Smart Retail
  • Smart Mobility And Transportation
  • Other Applications

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The table of contents in TBRC’s IoT market report includes:

  1. Executive Summary
  2. Market Characteristics
  3. Market Trends And Strategies
  4. Impact Of COVID-19
  5. Market Size And Growth
  6. Segmentation
  7. Regional And Country Analysis




  1. Competitive Landscape And Company Profiles
  2. Key Mergers And Acquisitions
  3. Future Outlook and Potential Analysis

Top 5 Major Key Players Are:

List Of Tables:

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Internet Of Things (IoT) Market, Segmentation By Platform, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Internet Of Things (IoT) Market, Segmentation By End Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Internet Of Things (IoT) Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion


Table 46: Cisco Systems, Inc. Financial Performance

Table 47: Microsoft Corporation Financial Performance

Table 48: Oracle Corporation Financial Performance

Table 49: International Business Machine (IBM) Corporation Financial Performance

Table 50: Google Inc. Financial Performance

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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