Internet of Things Market Expands with Demand for Smart, Connected Solutions
Hyderabad, August 1, 2025 – The internet of things market is experiencing sustained growth fueled by widespread digital transformation, integration of smart technologies, and increasing adoption across major industries. Introduction The internet of things market stands at USD 1,350 billion in 2025 and is forecast to reach USD 2,720 billion by 2030, advancing at a 15.04% CAGR. The internet of things (IoT) market is undergoing a dynamic evolution, propelled by technological advancements and the growing demand for connected, intelligent devices. With applications spanning agriculture, retail, energy, healthcare, manufacturing, and smart cities, the IoT ecosystem is rapidly expanding. The integration of IoT into operational and consumer environments is not only revolutionizing how data is collected and utilized but also redefining how industries function. As businesses aim to enhance operational efficiency, gain real-time insights, and optimize customer experiences...