사물인터넷(IoT) 플랫폼 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the internet of things platform market size is expected to increase from USD 59.01 billion in 2025 to USD 67.47 billion in 2026 and reach USD 121.81 billion by 2031, growing at a CAGR of 12.54% over 2026-2031.

This report is Segmented by Deployment (On-Premise, Cloud/SaaS, and Hybrid), Platform Layer (Application Enablement, Device Management, and More), End-User Industry (Industrial, Connected Building, and More), Enterprise Size (Small and Medium Enterprises, and Large Enterprises), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global Internet Of Things (IoT) Platform Market Trends and Insights

Rapid Adoption of Cloud-Native IoT Platforms

Elastic scalability, pay-per-use billing, and seamless integration with data lake and machine-learning services have made cloud-native architectures the default choice for IoT workloads. Enterprises migrating from on-premises middleware to containerized microservices on Kubernetes are reporting shorter release cycles and lower infrastructure overhead. Managed offerings such as Azure IoT Hub and AWS IoT Core now bundle edge orchestration and real-time stream processing, reducing integration effort by an estimated 40%. Nevertheless, dependency on a handful of hyperscale providers raises vendor-lock-in concerns and concentrates operational risk, prompting many adopters to experiment with hybrid deployments.

Declining Sensor and Module Costs

Between 2024 and 2025, average prices for NB-IoT and LTE-M modules fell 15-20%, pushing unit costs below USD 5 in high volumes and expanding deployment feasibility in logistics, agriculture, and utilities. Semiconductor oversupply in mature process nodes continues to depress pricing, enabling high-density sensor networks that were previously cost-prohibitive. Lower hardware costs translate directly into greater recurring revenue for platform vendors that charge per connected device, reinforcing the growth trajectory of the Internet of Things (IoT) platform market. Price declines are most pronounced in Asia Pacific, where local fabrication capacity intensifies competition among module suppliers.

Heightened Cyber-Security and Data-Privacy Concerns

High-profile breaches have increased board-level scrutiny of IoT projects, as widely distributed devices create vast, hard-to-defend attack surfaces. Medical device makers must now provide software bills of materials and vulnerability management processes under updated FDA guidance. In Europe, platforms must issue security patches and file incident reports within 24 hours of detection. These requirements inflate compliance costs, especially for smaller vendors. Privacy rules such as GDPR further complicate cross-border data flows, constraining global scalability and adding procedural overhead to deployments in consumer and healthcare segments.

Other drivers and restraints analyzed in the detailed report include:

1. Growing Automation and Big Data Analytics Becoming a Key Asset
2. Increasing Regulatory Push for Industrial Digitalization
3. Market Fragmentation and Interoperability Issues

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Hybrid architectures represented the fastest-growing deployment model in 2025, advancing at a 13.22% CAGR through 2031 as organizations balance cloud elasticity with edge-level latency demands. On-demand scalability continues to favour cloud and SaaS arrangements, which collectively retained 62.29% of the Internet of Things (IoT) platform market share in 2025. Even so, regulatory directives in sectors such as defense and critical infrastructure keep on-premises options viable for workloads that require air-gapped networks. Vendors are responding by offering orchestration frameworks that enable seamless container migration across cloud, edge, and on-premises nodes.

The shift underscores a broader re-architecture toward distributed compute, where sub-10-millisecond latency targets in industrial automation and autonomous systems cannot tolerate round-trip delays to centralized data centers. Hybrid designs also satisfy data-sovereignty statutes that obligate local processing within national borders. Consequently, the IoT platform market size attributable to hybrid installations is projected to outpace growth in pure cloud or pure on-premises models. Organizations lacking DevOps personnel, however, cite operational complexity as a lingering obstacle.

Application enablement layers absorbed 42.51% of spending in 2025, but advanced analytics components are scaling faster, rising at a 12.97% CAGR as firms migrate from descriptive dashboards to prescriptive engines. Device management and connectivity services, now widely commoditized, compete primarily on total cost of ownership and over-the-air update efficiencies. Vendors that deliver domain-specific data models, digital-twin tooling, and AI-powered anomaly detection hold a competitive advantage. For example, SAP's in-memory analytics integrate directly with streaming sensor inputs, allowing near-real-time optimization of production lines.

Edge-side acceleration chips and GPU-enabled servers amplify the debate over whether analytics should reside locally or in the cloud. While edge inference minimizes latency, high-fidelity model retraining still benefits from centralized compute power. The Internet of Things (IoT) platform market size allocation to analytics is therefore bifurcating between cloud-resident training pipelines and edge-resident inference engines, demanding orchestration capabilities that span this continuum.

Complete Report Scope:

• By Deployment
  • On-premise
  • Cloud/SaaS
  • Hybrid
• By Platform Layer
  • Application Enablement
  • Device Management
  • Advanced Analytics
  • Connectivity
  • Cloud Storage/IaaS
• By End-user Industry
  • Industrial
  • Connected Building
  • Smart Home
  • Mobility
  • Healthcare
  • Agriculture
  • Rest of End-user Industries
• By Enterprise Size
  • Small and Medium Enterprises (SMEs)
  • Large Enterprises
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia and New Zealand
    • Rest of Asia Pacific
  • Middle East
    • United Arab Emirates
    • Saudi Arabia
    • Turkey
    • Rest of Middle East
  • Africa
    • South Africa
    • Nigeria
    • Rest of Africa

Geography Analysis

North America led deployments with a 37.59% share in 2025, anchored by the presence of hyperscale cloud infrastructure and federal cybersecurity guidelines that clarify procurement rules. The United States dominates industrial IoT rollouts focused on manufacturing automation and energy grid modernization, while Canada scales IoT-driven resource management in forestry and mining. Mexico's smart-factory investments benefit from near-shoring trends that re-route supply chains closer to U.S. consumption hubs. Notwithstanding its size, regional growth is moderating as early adopter segments reach saturation, leaving incremental opportunities primarily in brownfield retrofits and compliance-driven upgrades.

Asia Pacific is the fastest-growing territory, slated to expand at a 13.67% CAGR through 2031. China's sovereign manufacturing directives, India's Digital India initiative, and Japan's Society 5.0 program converge to sustain high investment in connected factories, smart cities, and healthcare. Domestic providers such as Huawei and Alibaba Cloud tailor offerings to local regulations and language, thereby intensifying competitive pressure on Western incumbents. Rising 5G penetration and falling sensor prices further enlarge the Internet of Things (IoT) platform market in rural and industrial zones across Southeast Asia and Oceania.

Europe occupies a pivotal role in regulatory shaping, with the Cyber Resilience Act and GDPR embedding cybersecurity and privacy into procurement criteria. Germany leverages Industrie 4.0 funding to digitalize discrete manufacturing, while France and Italy integrate IoT into agriculture and transportation. Regional data-sovereignty provisions foster demand for hybrid or on-premises architectures. Elsewhere, the Middle East and Africa accelerate IoT adoption in oil and gas, utilities, and smart-city megaprojects, whereas South America pilots' precision agriculture and urban mobility platforms. Although their absolute volumes remain smaller, these regions present greenfield prospects that invite satellite connectivity and low-power network alternatives.

1. IBM Corporation
2. Microsoft Corporation
3. Amazon Web Services, Inc.
4. PTC Inc.
5. SAP SE
6. Siemens AG
7. Cisco Systems Inc.
8. Oracle Corporation
9. GE Digital LLC
10. Hitachi Ltd
11. Software AG
12. ABB Ltd
13. Schneider Electric SE (AVEVA Group plc)
14. Robert Bosch GmbH
15. Google LLC (Google Cloud Platform)
16. Huawei Technologies Co. Ltd.
17. Nokia Corporation
18. Arm Holdings plc
19. Telit Communications plc
20. Ericsson AB

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid Adoption of Cloud-Native IoT Platforms
  • 4.2.2 Declining Sensor and Module Costs
  • 4.2.3 Growing Automation and Big Data Analytics Becoming a Key Asset
  • 4.2.4 Increasing Regulatory Push for Industrial Digitalization
  • 4.2.5 Emergence of TinyML-Enabled On-Device Analytics
  • 4.2.6 Expansion of Satellite IoT Connectivity for Remote Assets
• 4.3 Market Restraints
  • 4.3.1 Market Fragmentation and Interoperability Issues
  • 4.3.2 Heightened Cyber-Security and Data-Privacy Concerns
  • 4.3.3 Edge-Cloud Integration Complexity
  • 4.3.4 Shortage of Full-Stack IoT Developers and Standards
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Buyers/Consumers
  • 4.7.3 Bargaining Power of Suppliers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Competitive Rivalry
• 4.8 Impact of Macroeconomic Factors on the Market

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Deployment
  • 5.1.1 On-premise
  • 5.1.2 Cloud/SaaS
  • 5.1.3 Hybrid
• 5.2 By Platform Layer
  • 5.2.1 Application Enablement
  • 5.2.2 Device Management
  • 5.2.3 Advanced Analytics
  • 5.2.4 Connectivity
  • 5.2.5 Cloud Storage/IaaS
• 5.3 By End-user Industry
  • 5.3.1 Industrial
  • 5.3.2 Connected Building
  • 5.3.3 Smart Home
  • 5.3.4 Mobility
  • 5.3.5 Healthcare
  • 5.3.6 Agriculture
  • 5.3.7 Rest of End-user Industries
• 5.4 By Enterprise Size
  • 5.4.1 Small and Medium Enterprises (SMEs)
  • 5.4.2 Large Enterprises
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Russia
    • 5.5.3.7 Rest of Europe
  • 5.5.4 Asia Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 Australia and New Zealand
    • 5.5.4.6 Rest of Asia Pacific
  • 5.5.5 Middle East
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 Turkey
    • 5.5.5.4 Rest of Middle East
  • 5.5.6 Africa
    • 5.5.6.1 South Africa
    • 5.5.6.2 Nigeria
    • 5.5.6.3 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles {(includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)}
  • 6.4.1 IBM Corporation
  • 6.4.2 Microsoft Corporation
  • 6.4.3 Amazon Web Services, Inc.
  • 6.4.4 PTC Inc.
  • 6.4.5 SAP SE
  • 6.4.6 Siemens AG
  • 6.4.7 Cisco Systems Inc.
  • 6.4.8 Oracle Corporation
  • 6.4.9 GE Digital LLC
  • 6.4.10 Hitachi Ltd
  • 6.4.11 Software AG
  • 6.4.12 ABB Ltd
  • 6.4.13 Schneider Electric SE (AVEVA Group plc)
  • 6.4.14 Robert Bosch GmbH
  • 6.4.15 Google LLC (Google Cloud Platform)
  • 6.4.16 Huawei Technologies Co. Ltd.
  • 6.4.17 Nokia Corporation
  • 6.4.18 Arm Holdings plc
  • 6.4.19 Telit Communications plc
  • 6.4.20 Ericsson AB

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-space and Unmet-need Assessment