Product Code: GVR-4-68040-594-1
U.S. Internet Of Things Market Size & Trends:
The U.S. internet of things market size was estimated at USD 413.22 billion in 2024 and is projected to grow at a CAGR of 7.6% from 2025 to 2030. The market is primarily driven by increasing demand for smart devices, widespread adoption of Industrial IoT (IIoT) in manufacturing, and growing government initiatives supporting smart cities and infrastructure. Additionally, sectors such as retail, healthcare, and agriculture are rapidly integrating IoT solutions, supported by the presence of major technology players in the U.S., thereby driving the U.S. internet of things (IoT) industry expansion in the coming years.
A key driver of the U.S. IoT industry is the integration of artificial intelligence (AI) and cloud/edge computing, which enables real-time analytics, automation, and scalable IoT deployments. This shift toward software-centric IoT solutions is transforming traditional hardware-heavy models and accelerating digital transformation across industries. By leveraging AI algorithms, IoT systems can interpret massive volumes of sensor data to make intelligent, autonomous decisions, enhancing predictive maintenance, improving operational efficiency, and enabling proactive interventions in sectors such as healthcare, logistics, and manufacturing.
The proliferation of 5G networks and low-power wide-area networks (LPWAN) such as LTE-M and NB-IoT are some of the critical trends enhancing IoT device connectivity in the U.S. These technologies offer low latency, extended coverage, and energy efficiency, enabling new use cases in smart cities, connected vehicles, and industrial automation. The expansion of private 5G networks and multi-profile eSIM solutions further supports scalable and secure IoT deployments, thereby accelerating the U.S. internet of things industry growth.
Furthermore, with the growing number of connected devices, IoT security has become a major focus in the U.S. market. Trends include the adoption of stronger encryption protocols, multi-factor authentication, blockchain, and AI-driven threat detection to safeguard IoT ecosystems. These advancements address increasing concerns over data privacy and cyber threats, which are crucial for accelerating enterprise and consumer IoT adoption. Such advancements are expected to drive the segmental growth in the coming years.
Moreover, U.S. companies are investing heavily in 5G and edge computing technologies to enhance connectivity, security, and real-time data processing. Emphasizing vertical-specific IoT solutions, U.S. firms tailor offerings to industry needs such as manufacturing, smart infrastructure, and healthcare, while optimizing channel partnerships and ecosystem collaborations to expand market reach and improve operational efficiency. Such strategies by key companies are expected to drive the U.S. internet of things industry expansion in the coming years.
U.S. Internet Of Things Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. internet of things market report based on component, deployment, connectivity, and end use:
- Component Outlook (Revenue, USD Billion, 2018 - 2030)
- Hardware
- Software
- Services
- Deployment Outlook (Revenue, USD Billion, 2018 - 2030)
- On-premise
- Cloud
- Connectivity Outlook (Revenue, USD Billion, 2018 - 2030)
- Zigbee
- Bluetooth
- Z-Wave
- Others
- End Use Outlook (Revenue, USD Billion, 2018 - 2030)
- Consumer Electronics
- Wearable Devices
- Automotive & Transportation
- BFSI
- Healthcare
- Retail
- Building Automation
- Oil & Gas
- Agriculture
- Aerospace & Defense
- Others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List to Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Internet of Things Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Deployment Challenge
- 3.3. U.S. Internet of Things (IoT) Market Analysis Tools
- 3.3.1. Deployment Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. U.S. Internet of Things: Component Estimates & Trend Analysis
- 4.1. Component Movement Analysis & Market Share, 2024 & 2030
- 4.2. U.S. Internet of Things Market Estimates & Forecast, By Component (USD Billion)
- 4.2.1. Hardware
- 4.2.1.1. Hardware Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.2.2. Software
- 4.2.2.1. Software Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.2.3. Services
- 4.2.3.1. Services Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. U.S. Internet of Things: Deployment Estimates & Trend Analysis
- 5.1. Deployment Movement Analysis & Market Share, 2024 & 2030
- 5.2. U.S. Internet of Things Market Estimates & Forecast, By Deployment (USD Billion)
- 5.2.1. On-premise
- 5.2.1.1. On-premises Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.2.2. Cloud
- 5.2.2.1. Cloud Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. U.S. Internet of Things: Connectivity Estimates & Trend Analysis
- 6.1. Connectivity Movement Analysis & Market Share, 2024 & 2030
- 6.2. U.S. Internet of Things Market Estimates & Forecast, By Connectivity (USD Billion)
- 6.2.1. Zigbee
- 6.2.1.1. Zigbee Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.2. Bluetooth
- 6.2.2.1. Bluetooth Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.3. Z-Wave
- 6.2.3.1. Z-Wave Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.4. Others
- 6.2.4.1. Others Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. U.S. Internet of Things: End Use Estimates & Trend Analysis
- 7.1. End Use Movement Analysis & Market Share, 2024 & 2030
- 7.2. U.S. Internet of Things Market Estimates & Forecast, By End Use (USD Billion)
- 7.2.1. Consumer Electronics
- 7.2.1.1. Consumer Electronics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. Wearable Devices
- 7.2.2.1. Wearable Devices Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Automotive & Transportation
- 7.2.3.1. Automotive & Transportation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. BFSI
- 7.2.4.1. BFSI Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.5. Healthcare
- 7.2.5.1. Healthcare Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.6. Retail
- 7.2.6.1. Retail Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.7. Building Automation
- 7.2.7.1. Building Automation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.8. Oil & Gas
- 7.2.8.1. Oil & Gas Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.9. Agriculture
- 7.2.9.1. Agriculture Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.10. Aerospace & Defense
- 7.2.10.1. Aerospace & Defense Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.11. Others
- 7.2.11.1. Others Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. U.S. Internet of Things Market - Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. AT&T
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Recent Developments
- 8.4.2. Celona, Inc.
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Recent Developments
- 8.4.3. SAP SE
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Recent Developments
- 8.4.4. PTC Inc.
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Recent Developments
- 8.4.5. Cisco Systems, Inc.
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Recent Developments
- 8.4.6. IBM Corporation
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Recent Developments
- 8.4.7. Microsoft Corporation
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Recent Developments
- 8.4.8. Intel Corporation
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Recent Developments
- 8.4.9. Siemens AG
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Recent Developments
- 8.4.10. Amazon Web Services (AWS)
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Recent Developments
- 8.4.11. Oracle Corporation
- 8.4.11.1. Participant's Overview
- 8.4.11.2. Financial Performance
- 8.4.11.3. Product Benchmarking
- 8.4.11.4. Recent Developments
- 8.4.12. General Electric Company (GE)
- 8.4.12.1. Participant's Overview
- 8.4.12.2. Financial Performance
- 8.4.12.3. Product Benchmarking
- 8.4.12.4. Recent Developments