Double-Digit Growth in the IoT-Related Market and Outlook for a Large-Scale Market in 2026
First written in FY2025. . Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2026Market-size forecast updatedAnnual report
「As IoT data accumulates, its value is expected to increase further. In 2026, the global connectivity market, including cellular and LPWA lines, is expected to be approximately $64.6 billion; the infrastructure market, including cloud platforms and data processing, approximately $73.8 billion; the software market, including IoT platforms and applications, approximately $132.4 billion; the endpoint market, including sensors and security equipment, approximately $308.1 billion; and the services market, including system design and construction, approximately $62.6 billion. The total market size in 2029 is expected to be approximately $952.3 billion.」
The Company newly disclosed market sizes by segment for 2026 and a forecast for the total IoT market in 2029. - FY2025First statedAnnual report
「Driven by waves of technological innovation, this IoT market is expected to maintain an annual double-digit growth rate, while technologies such as evolving generative AI and 5G are expected to promote IoT deployment across a wide range of industries, including connected cars and smart cities.」
For 2026, the Company expects market sizes of approximately $78.7 billion for connectivity, $427.5 billion for services, $216.8 billion for software and $371.4 billion for hardware, for a total of approximately $1.0946 trillion.