Massive IoT Market
Massive IoT Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Massive IoT Market Size and Growth
The Massive IoT market is experiencing significant growth, driven by advancements in connectivity and increasing demand for smart devices. In 2023, the market size reached approximately $30 billion and is projected to surpass $100 billion by 2030. Key trends include enhanced industrial applications and evolving consumer behavior towards smart solutions. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ PTC (ThingWorx)
◍ Cisco (Jasper)
◍ Microsoft
◍ IBM
◍ Intel
◍ SAP
◍ Telit
◍ General Electric
◍ Gemalto
◍ AT&T
The Massive IoT market features companies leveraging technological advancements for connectivity. PTC, Cisco, Microsoft, Google, IBM, Intel, SAP, Telit, General Electric, Gemalto, and AT&T enhance IoT integration, analytics, and security, driving growth. Notable revenues include Cisco's $51.56 billion and Microsoft's $198.3 billion, reflecting robust market engagement.
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Market Segmentation
By Application
By Product
Business IoT ◍ Measurement ◍ Construction ◍ Agriculture
◍ Logistics ◍ Smart City ◍ Others
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Consumer IoT
Market Growth
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$ 2.73 Billion
