According to HTF Market Intelligence, the Enterprise IoT market to witness a CAGR of 13.5% during the forecast period (2024-2030).The Latest published a market study on Global Enterprise IoT Market provides an overview of the current market dynamics in the Global Enterprise IoT space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2030. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities.
Some of the players that are in coverage of the study are Cisco Systems (United States), IBM (United States), Microsoft (United States), Siemens (Germany), Intel (United States), Amazon Web Services (AWS) (United States), Bosch (Germany), General Electric (GE) (United States), Schneider Electric (France), Huawei (China), Oracle (United States), SAP (Germany).
The global Enterprise IoT market size is expanding at robust growth of 13.5%, sizing up market trajectory from USD 466.3 Billion in 2024 to USD xx Billion by 2030.
Get ready to identify the pros and cons of the regulatory framework, local reforms, and its impact on the Industry. Know how Leaders in Global Enterprise IoT are keeping themselves one step forward with our latest survey analysis
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Definition
The Enterprise Internet of Things (IoT) market refers to the adoption and integration of IoT technologies and solutions within businesses and organizations to enhance operational efficiency, gather actionable insights, improve decision-making processes, and create new business models. In this context, IoT refers to the network of physical devices, sensors, software, and data analytics that enable the collection, transmission, and analysis of data from various sources to drive intelligent and automated actions.
Basic Segmentation Details
Global Enterprise IoT Market Breakdown by Application (Manufacturing Industry, Healthcare Industry, Transportation Industry, Agriculture Industry, Others) by Type (Asset Management, Supply Chain Optimization, Smart Factories, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Enterprise IoT Market Trend
- Edge Computing: Processing data closer to the source (at the edge) rather than sending all data to centralized cloud servers. This reduces latency and enhances real-time decision-making capabilities.
- 5G Connectivity: The rollout of 5G networks enables faster and more reliable data transmission, facilitating the growth of real-time applications and enhancing IoT connectivity.
Enterprise IoT Market Driver
- Operational Efficiency: IoT enables businesses to monitor and optimize various processes, leading to cost savings, reduced downtime, and improved resource utilization.
- Data-Driven Insights: IoT generates vast amounts of data that can be analyzed to gain insights into customer behavior, product performance, and operational patterns.
- Automation and Remote Monitoring: IoT enables automation of tasks and remote monitoring of assets, leading to increased productivity and reduced manual intervention.
Enterprise IoT Market Opportunity
- Predictive Maintenance: IoT facilitates predictive maintenance by monitoring equipment and predicting failures before they occur, minimizing downtime and maintenance costs.
- Supply Chain Optimization: IoT helps optimize supply chains by providing real-time visibility into inventory, shipments, and logistics, leading to better demand forecasting and inventory management.
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Major highlights from the Study along with most frequently asked questions:
1) What so unique about this Global Enterprise IoT Assessment?
Market Factor Analysis: In this economic slowdown, impact on various industries is huge. Moreover, the increase in demand & supply gap as a resultant of sluggish supply chain and production line have made market worth observing. It also discusses technological, regulatory and economic trends that are affecting the market. It also explains the major drivers and regional dynamics of the global market and current trends within the industry.
Market Concentration: Includes C4 Index, HHI, Comparative Global Enterprise IoT Market Share Analysis (Y-o-Y), Major Companies, Emerging Players with Heat Map Analysis
Market Entropy: Randomness of the market highlighting aggressive steps that players are taking to overcome current scenario. Development activity and steps like expansions, technological advancement, M&A, joint ventures, launches are highlighted here.
Patent Analysis: Comparison of patents issued by each players per year.
Peer Analysis: An evaluation of players by financial metrics such as EBITDA, Net Profit, Gross Margin, Total Revenue, and Segmented Market Share, Assets etc to understand management effectiveness, operation and liquidity status.
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2) Why only few Companies are profiled in the report?
Industry standards like NAICS, ICB etc are considered to derive the most important manufacturers. More emphasis is given on SMEs that are emerging and evolving in the market with their product presence and technological upgraded modes, current version includes players like “Cisco Systems (United States), IBM (United States), Microsoft (United States), Siemens (Germany), Intel (United States), Amazon Web Services (AWS) (United States), Bosch (Germany), General Electric (GE) (United States), Schneider Electric (France), Huawei (China), Oracle (United States), SAP (Germany) ” etc and many more.
** Companies reported may vary subject to Name Change / Merger etc.
3) What details will competitive landscape will provide?
A value proposition chapter to gauge Global Enterprise IoT market. 2-Page profiles of all listed company with 3 to 5 years financial data to track and comparison of business overview, product specification etc.
4) What all regional segmentation covered? Can specific country of interest be added?
Country that are included in the analysis are In North America, In Latin America, Europe, The Asia-pacific, Middle East and Africa (MEA), What are the main countries covered?, The United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, Korea, Southeast Asia, India, Australia, Brazil, Mexico, Argentina, Chile, Colombia, Egypt, Saudi Arabia, United Arab Emirates, Nigeria & South Africa
** Countries of primary interest can be added if missing.
5) Is it possible to limit/customize scope of study to applications of our interest?
Yes, general version of study is broad, however if you have limited application in your scope & target, then study can also be customize to only those application. As of now it covers applications Manufacturing Industry, Healthcare Industry, Transportation Industry, Agriculture Industry, Others.
** Depending upon the requirement the deliverable time may vary.
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To comprehend Global Enterprise IoT market dynamics in the world mainly, the Global Enterprise IoT market is analysed across major global regions. Customized study by specific regional or country can be provided, usually client prefers below
– North America: United States of America (US), Canada, and Mexico.
– South & Central America: Argentina, Chile, Colombia and Brazil.
– Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt and South Africa.
– Europe: the UK, France, Italy, Germany, Spain, NORDICs, BALTIC Countries, Russia, Austria and Rest of Europe.
– Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, and Philippines & Vietnam etc.) & Rest
– Oceania: Australia & New Zealand
Actual Numbers & In-Depth Analysis of Global Enterprise IoT Market Size Estimation and Trends Available in Full Version of the Report.
Thanks for reading this article, you can also make sectional purchase or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union.
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