IoT Connectivity Market Size to Worth USD 25.08 billion by 2030 With a 21%CAGR – WhaTech

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Internet of Things (IoT) connectivity refers to a network solution that provides a communication platform and network infrastructure for connecting IoT devices. It relies on a range of technologies, depending on the use cases. For instance, a Wi-Fi system is an extensively utilized frequent technology for wireless communication that provides internet services to devices like smartphones, computers, and laptops

The “IoT Connectivity” Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global IoT Connectivity Industry presents a market overview, product details, classification, and market concentration.

The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. The IoT Connectivity Market report provides an in-depth study of SWOT analysis i.e.

Strength, Weakness, Opportunities, and Threat to the organization.

The IoT connectivity market is expected to grow at 21% CAGR from 2024 to 2030. It is expected to reach above USD 25.08 billion by 2030 from USD 4.51 billion in 2023.

Market Dynamics:

Increasing demand for Bluetooth-enabled wearable devices is acting as a key driver for the growth of the market. Bluetooth has been increasingly gaining traction in consumer electronics for enabling a high-bandwidth connection among wearable devices.

In contrast to Wi-Fi, Bluetooth uses much less energy and takes less time to connect two devices. Moreover, because of its ease of setup and low signal interference capabilities under frequency-crowded environments, Bluetooth is an appropriate option for numerous smart indoor applications where GPS asset localization is not an option.

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Top Companies in the Global IoT Connectivity Market: AT&T, Cisco, Verizon Enterprise Solutions, Vodafone, Ericsson, Sierra Wireless, Orange Business Services, Telefónica, Huawei, Telit, Hologram, Particle, Aeris, EMnify, Moeco and Sigfox.

The research study evaluates the overall size of the market, by making use of a bottom-up approach, wherein data for different industry verticals, and end-user industries and its applications across various product types have been recorded and predicted during the forecast period. These segments and sub-segments have been documented from the industry specialists and professionals, as well as company representatives, and are outwardly validated by analysing previous year’s data of these segments and sub-segments for getting an accurate and complete IoT Connectivity market size.

Market Segment:

IoT Connectivity Market By Component Type, 2020-2029, (Usd Billion)




IoT Connectivity Market By End User Industry, 2020-2029, (USD Billion)

Metal & Mining



Energy & Power

Oil & Gas


Logistics & Transport



Influence of the IoT Connectivity Market Report:

-Comprehensive assessment of all opportunities and risk in the IoT Connectivity market.

-IoT Connectivity market recent innovations and major events.

-Detailed study of business strategies for growth of the IoT Connectivity market-leading players.

-Conclusive study about the growth plot of IoT Connectivity market for forthcoming years.

-In-depth understanding of IoT Connectivity market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the IoT Connectivity market.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Survey Tool in these regions, from 2024 to 2030, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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The report provides insights on the following pointers:

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 IoT Connectivity Market Competitor Landscape by Players

Chapter 4 IoT Connectivity Market Size by Type and Application

Chapter 5 Global and Regional Analysis

Chapter 6 Company Profiles, recent developments, and investments

Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis

Chapter 8 Value Chain and Sales Channels Analysis with breakthrough product developments

Chapter 9 Research Findings and Conclusion

Chapter 10 Methodology/Research Approach

Finally, the IoT Connectivity Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on.

IoT Connectivity industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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We also offer customization on reports based on specific client requirement:

1- Free country level analysis for any 5 countries of your choice.
2- Free competitive analysis of any 5 key market players.
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