Internet of Things (IoT) connectivity Market Size, Share, Growth, Trend and Forecast Till 2028

Increasing traction of 5G networks and satellite networks and increasing deployment of AI-based systems are some key factors driving market revenue growth

The global Internet of Things (IoT) connectivity market size is expected to reach USD 4.52 Billion at a steady CAGR of 18.7% in 2028, according to latest analysis by Emergen Research. Increasing focus on enhancing consumer experience and to provide improved data security and high-speed network connectivity as well as to improve support and maintenance services has been boosting deployment of IoT connectivity more recently. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. Also, the customizations are available for this report and can be availed by the purchaser. The customizations can be made on the basis of the selected regions or participants. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the IoT Connectivity  market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Smart energy utility segment accounted for a significantly large revenue share in the IoT connectivity market in 2020.

This report is for the user to enhance his understanding of the IoT Connectivity  market and employ strategies which will later prove most beneficial. The segmentations and explanations are all made in a manner that could be deciphered by a layman. However, there is no compromise on the quality of information which is certified by the industry experts. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the IoT Connectivity  market.  In September 2020, ATT Inc., which is the leader in IoT connectivity, teamed up with Microsoft to enable enterprises to seamlessly connect machines and equipment to the cloud with highly secure network connectivity across the globe.  Rapid increase of IoT connectivity deployment in various applications such as Radio Frequency Identification (RFID), Bluetooth connectivity, cellular networks, satellite networks, Low Power Wide Area Network (LPWAN), and Wi-Fi connectivity are other key factors contributing significantly to global market growth.

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Major companies in the market include Huawei Technologies Co., Ltd., Jasper Technologies, Inc. (Cisco), ATT Inc., Telefónica, S.A., Ericsson, Vodafone Limited, Verizon Communications, Orange Business Services, Sierra Wireless, and Hologram Inc.

Emergen Research has segmented the global IoT connectivity market on the basis of component, organization, application, end use, and region:

Enterprise size Outlook (Revenue, USD Billion; 2018–2028)

Large Enterprise

Small and Medium Enterprise

Application Outlook (Revenue, USD Billion; 2018–2028)

Building Home Automation

Smart Energy Utility

Smart Manufacturing

Smart Grid

Smart Retail

Smart Transportation


End Use Outlook (Revenue, USD Billion; 2018–2028)

Education and Healthcare

Defense Aerospace

IT Telecommunication

Retail E-commerce



Component Outlook (Revenue, USD Billion; 2018–2028)



Discount available for early birds:

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key questions addressed in the report:

What are the key factors driving the global IoT Connectivity  market?

Who are the key manufacturers in this market space?

Who are the distributors, traders and dealers of this market?

What are the market opportunities and risks affecting the performance of the vendors in the global IoT Connectivity  market?

What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

Market Taxonomy:

Chapter 1: Methodology Scope

  • Definition and forecast parameters
  • Methodology and forecast parameters
  • Data Sources

Chapter 2:

Executive Summary

  • Business trends
  • Regional trends
  • Product trends
  • End-use trends

Chapter 3:

Industry Insights

  • Industry segmentation
  • Industry landscape
  • Vendor matrix
  • Technological and innovation landscape

Chapter 4:

Regional Landscape

Chapter 5:

Company Profile

  • Business Overview
  • Financial Data
  • Product Landscape
  • Strategic Outlook

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At Emergen Research, we believe in advancing with technology. We are a growing market research         and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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