IoT Market Global Forecast to 2030
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The IoT market is projected to grow from USD 547.06 billion in 2025 to USD 865.20 billion by 2030 at a CAGR of 9.6%. Key players like Cisco, IBM, Microsoft, and AWS are driving innovation with platforms and AI-integrated solutions, enhancing deployment and management. Satellite IoT is set to grow, particularly in agriculture and logistics, due to advancements in LEO constellations. The Modules/Sensors segment will dominate due to real-time data needs in smart cities and industrial use. Asia-Paci
📄 Summary
The IoT market is projected to grow from USD 547.06 billion in 2025 to USD 865.20 billion by 2030 at a CAGR of 9.6%. Key players like Cisco, IBM, Microsoft, and AWS are driving innovation with platforms and AI-integrated solutions, enhancing deployment and management. Satellite IoT is set to grow, particularly in agriculture and logistics, due to advancements in LEO constellations. The Modules/Sensors segment will dominate due to real-time data needs in smart cities and industrial use. Asia-Paci