Hyperconnectivity Market Size

Hyperconnectivity Market size is evaluated at USD 503.8 billion in 2024 and is expected to reach USD 6611.2 billion by the end of 2037, witnessing around 21.9% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of hyperconnectivity is estimated at USD 614.1 billion.

 Advancements in interconnected devices such as the integration of the Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), and cloud computing are positively influencing market growth. The rise in remote jobs, the growing popularity of live streaming platforms, and innovations in wearable electronics are also augmenting the sales of hyperconnectivity solutions.

Social media platforms are gaining widespread popularity across the globe and are becoming a key channel for communication, interaction, and storage of data. All social media platforms are connected through hyperconnectivity enabling real-time access to any happenings.  For instance, according to a report published by the National Center for Biotechnology Information, currently, there are over 3.6 billion social media users and this number is expected to reach 4.4 billion by 2025, globally. After Facebook, YouTube is the second most actively used social media platform across the world with more than 2562 million users.