According to our Researcherlatest study, the global Consumer IoT market size was valued at USD 65660 million in 2023 and is forecast to a readjusted size of USD 165850 million by 2030 with a CAGR of 14.2% during review period.
The Internet of things (IoT) is the extension of Internet connectivity into physical devices and everyday objects.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
The Global Info Research report includes an overview of the development of the Consumer IoT industry chain, the market status of Wearable Device (IoT Node Component, IoT Network Infrastructure), Consumer Electronics Products (IoT Node Component, IoT Network Infrastructure), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Consumer IoT.
Regionally, the report analyzes the Consumer IoT markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Consumer IoT market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Consumer IoT market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Consumer IoT industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., IoT Node Component, IoT Network Infrastructure).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Consumer IoT market.
Regional Analysis: The report involves examining the Consumer IoT market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Consumer IoT market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Consumer IoT:
Company Analysis: Report covers individual Consumer IoT players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Consumer IoT This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Wearable Device, Consumer Electronics Products).
Technology Analysis: Report covers specific technologies relevant to Consumer IoT. It assesses the current state, advancements, and potential future developments in Consumer IoT areas.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Consumer IoT market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
IoT Node Component
IoT Network Infrastructure
Internet of Things Solution
Internet of Things Service
Market segment by Application
Wearable Device
Consumer Electronics Products
Medical Insurance
Home Automation
Car
Other
Market segment by players, this report covers
Qualcomm
Texas Instruments
NXP Semiconductors
Intel
Stmicroelectronics
International Business Machines
General Electric
Symantec
TE Connectivity
Schneider Electric
Cisco Systems
Amazon
Apple
Alphabet
LG Electronics
Samsung Electronics
Sony
Microsoft
AT&T
Honeywell
Hewlett Packard Enterprise
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Consumer IoT product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Consumer IoT, with revenue, gross margin and global market share of Consumer IoT from 2019 to 2024.
Chapter 3, the Consumer IoT competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Consumer IoT market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Consumer IoT.
Chapter 13, to describe Consumer IoT research findings and conclusion.
The Internet of things (IoT) is the extension of Internet connectivity into physical devices and everyday objects.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
The Global Info Research report includes an overview of the development of the Consumer IoT industry chain, the market status of Wearable Device (IoT Node Component, IoT Network Infrastructure), Consumer Electronics Products (IoT Node Component, IoT Network Infrastructure), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Consumer IoT.
Regionally, the report analyzes the Consumer IoT markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Consumer IoT market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Consumer IoT market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Consumer IoT industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., IoT Node Component, IoT Network Infrastructure).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Consumer IoT market.
Regional Analysis: The report involves examining the Consumer IoT market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Consumer IoT market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Consumer IoT:
Company Analysis: Report covers individual Consumer IoT players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Consumer IoT This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Wearable Device, Consumer Electronics Products).
Technology Analysis: Report covers specific technologies relevant to Consumer IoT. It assesses the current state, advancements, and potential future developments in Consumer IoT areas.
Competitive Landscape
: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Consumer IoT market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Consumer IoT market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
IoT Node Component
IoT Network Infrastructure
Internet of Things Solution
Internet of Things Service
Market segment by Application
Wearable Device
Consumer Electronics Products
Medical Insurance
Home Automation
Car
Other
Market segment by players, this report covers
Qualcomm
Texas Instruments
NXP Semiconductors
Intel
Stmicroelectronics
International Business Machines
General Electric
Symantec
TE Connectivity
Schneider Electric
Cisco Systems
Amazon
Apple
Alphabet
LG Electronics
Samsung Electronics
Sony
Microsoft
AT&T
Honeywell
Hewlett Packard Enterprise
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Consumer IoT product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Consumer IoT, with revenue, gross margin and global market share of Consumer IoT from 2019 to 2024.
Chapter 3, the Consumer IoT competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Consumer IoT market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Consumer IoT.
Chapter 13, to describe Consumer IoT research findings and conclusion.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.