Connected IoT Devices Market - Top Companies and Manufacturers

  • Report ID: 6772
  • Published Date: Dec 04, 2024
  • Report Format: PDF, PPT

 


Companies Dominating the Connected IoT Devices Landscape

    Key players in the market are investing in improving IoT-based solutions and providing value-added services such as remote support to stand out in a competitive market and expand revenue shares. Furthermore, investments to build strong cybersecurity measures are essential for customer retention. Strategic collaborations and acquisitions can help key market players in expanding to untapped markets, and improve the distribution networks. Here are some key players in the connected IoT devices market:

    • Oracle Corporation
      • Company Overview 
      • Business Strategy 
      • Key Product Offerings 
      • Financial Performance 
      • Key Performance Indicators 
      • Risk Analysis 
      • Recent Development 
      • Regional Presence 
      • SWOT Analysis 
    • Cisco
    • Johnson Controls
    • PTC Inc.
    • LG Corporation
    • KORE
    • Apple Inc.
    • Samsara
    • IBM
    • GE Digital
    • Telit
    • Softeq Development Corporation
    • HTC Corporation

Browse Key Market Insights with Data Illustration:

In the News

  • In October 2024, Thoughtworks and Swann announced a collaboration to develop SwannShield. The innovative AI-powered home security assistant will be compatible with video doorbells, cameras, etc.
  • In October 2024, Sleep Number introduced the Climate Cool smart bed. The smart bed actively cools and adjusts to both sleepers and is ideal for couples with different sleep preferences.                                                               

Author Credits:  Abhishek Verma


  • Report ID: 6772
  • Published Date: Dec 04, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The connected IoT devices market was valued at USD 12.6 billion in 2024 and is poised to expand at a CAGR of 16.8% during the forecast period of 2025-2037.

The connected IoT devices market size was registered at USD 12.6 billion and is expected to reach USD 94.9 billion at a CAGR of 16.8% during the forecast period of 2025-2037. The market is poised to expand at a CAGR of 16.8%.

The major players in the market are Oracle Corporation, Cisco, Johnson Controls, PTC Inc., LG Corporation, KORE, Apple Inc., Samsara, IBM, GE Digital, Telit, Softeq Development Corporation, HTC Corporation, and others.

The public segment of the connected IoT devices market is estimated to hold a revenue share of 64.9% during the forecast period, i.e., 2025-2037. Growing investments in developing robust public cloud infrastructure to deploy IoT-enabled services is a key driver of the segment.

North America is estimated to be poised to hold a revenue share of 47.8% in the global market due to rising investments in IoT solutions for public services in the region.
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