IoT Operating Systems Market Overview
The IoT Operating Systems Market size is projected to grow from USD 0.7401 Billion in 2024 to USD 3.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 20.55% during the forecast period (2024 - 2032). Additionally, the market size for IoT Operating Systems was valued at USD 0.6 Billion in 2023.
Increasing the use of Internet of Things systems in all business sizes and investments in IoT requirements are the most significant market drivers enhancing market growth.
Figure1: IoT Operating Systems Market, 2024 - 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
IoT Operating Systems Market Trends
Growing Adoption of IoT devices is driving the market growth
Market CAGR for IoT operating systems is by the increasing adoption of IoT devices. The IoT operating systems market is greatly diverse, with a wide variety of offerings catering to different application domains, device types, and industry requirements, which reflect the evolving needs and priorities within the IoT ecosystem as it continues to expand and mature.
Additionally, with the increasing demand for intelligent decision-making and real-time at the edge, IoT operating systems are incorporating features to support edge A.I. and machine learning capabilities which enable machine learning inference, on-device data processing, and AI-driven automation, allowing IoT devices to perform complex tasks without relying solely on cloud resources.
The temporary closure in the world led the companies to provide a complete work-from-home leading to an upsurge in digitalization. The adoption of connected devices has contributed to the development and utilization of different technologies and methods to provide effective service during the lockdown and has promoted the growth of the market.
For instance, COVID-19 created an up-surging opportunity for the healthcare sector to boom during this period. As a result, the demand for loT healthcare applications such as telehealth consultations, remote patient monitoring, robot assistance, and IoT Operating Systems supplements will increase. Thus, driving the IoT Operating Systems market revenue.
IoT Operating Systems Market Segment Insights
IoT Operating Systems Services Insights
The IoT Operating Systems market segmentation, based on services, includes professional, and managed. The professional segment dominated the market. The professional services include customization of IoT solutions, consulting, and system integration. It is more popular with industries such as healthcare, manufacturing, and smart cities where Internet of Things implementations may be more intricate and industry-specific.
Figure 2: IoT Operating Systems Market, by Services, 2024 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
IoT Operating Systems Organization Size Insights
The IoT Operating Systems market segmentation, based on organization size, includes SMEs and large enterprises. The large enterprises' category generated the most income since they were more likely to adopt loT operating systems than the Small and medium enterprises due to economies of scale related to a larger number of I.T. assets.
However, SMEs are expected to witness growth during the forecast period since the Internet of Things is an opportunity and has become a boon for small start-ups, mostly benefitting SMEs.
IoT Operating Systems Verticals Insights
The IoT Operating Systems market segmentation, based on verticals, includes information technology (IT), manufacturing, consumer electronics, industrial automation, transportation & logistics, and others. The manufacturing category generated the most income owing to the development of lot operating systems, growth of anticipating maintenance for digital manufacturing, and industrial IoT.
IoT Operating Systems, Operating System Type Insights
The IoT Operating Systems market segmentation, based on operating system type, includes Windows 10 IoT, WindRiver VxWorks 10 IoT, embedded Apple iOS and OSK, green hills integrity, and nuclear RTOS. The Windows 10 IoT category dominates the market attributed to offering a familiar Windows environment with support for Universal Windows Platform (UWP) applications commonly used in industrial automation, retail, healthcare, and other sectors.
IoT Operating Systems, Application Insights
The IoT Operating Systems market segmentation, based on application, includes Digital Signage, Smart Buildings & Home Automation, Smart Factories, IoT wearables, and others. The smart buildings & home automation category dominates the market attributed to controlling home appliances using various control system techniques, which primarily include loT devices. With the presence of advanced operating systems for loT devices, automation technology is gripping home automation solutions.
IoT Operating Systems Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American IoT Operating Systems market area will dominate this market due to their heavily focused efforts on research & development and other related operations. Consequently, the adoption of smartphones and technologies throughout is expected to boost the market in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the U.K., Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: IOT OPERATING SYSTEMS MARKET SHARE BY REGION 2024 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Europe’s IoT Operating Systems market accounts for the second-largest market share due to the growing demand for Internet of Things operating systems that offer the necessary infrastructure and functionalities to support IoT devices and applications. Further, the German IoT Operating Systems market held the largest market share, and the U.K. IoT Operating Systems market was the fastest-growing market in the European region.
The Asia-Pacific IoT Operating Systems Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the quick development of the web, data centers, telecommunications, and the IoT. Moreover, China’s IoT Operating Systems market held the largest market share, and the Indian IoT Operating Systems market was the fastest-growing market in the Asia-Pacific region.
IoT Operating Systems Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the IoT Operating Systems market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the IoT Operating Systems industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the IoT Operating Systems industry to benefit clients and increase the market sector. In recent years, the IoT Operating Systems industry has offered some of the most significant advantages to medicine. Major players in the IoT Operating Systems market, including Google Inc. (U.S.), Apple Inc (U.S.), ESOL Co. Ltd. (Japan), BlackBerry Limited (Canada), and others, are attempting to increase market demand by investing in research and development operations.
Apple was founded as Apple Computer Company on April 1, 1976, by Steve Wozniak, Steve Jobs, and Ronald Wayne to develop and sell Wozniak's Apple I personal computer. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977. After hurdles and continuous struggle, it became a publically traded company in 2018, enjoying high brand loyalty. Apple deals in iPhone, Mac, iPod, iPad, Apple T.V., Apple Watch, and professional software applications such as iOS, macOS, watchOS, and more. The company sells its products through Apple Arcade and App Store. It offers advertising services, payment services, cloud services, software applications, and related services. In June 2022, Apple became the second-largest mobile phone manufacturer and fourth-largest personal computer vendor by unit sales in the world. It is now one of the Big Five American information technology companies, alongside Alphabet, Meta Platforms, Amazon, and Microsoft.
BlackBerry Limited (Canada) was Founded in 1984 as RIM (Research in Motion). The company’s headquarter is in Waterloo, Ontario, Canada. The company provides businesses, government agencies, and safety-critical institutions of all sizes to secure the Internet of Things (IoT). And also offers enterprise services, mobile devices, messaging services, and embedded services, which include Cybersecurity services, Cloud-based services, Enterprise mobility management (EMM) solutions, and many more.
Key Companies in the IoT Operating Systems market include
- Google Inc. (U.S.)
- Apple Inc (U.S.)
- ESOL Co. Ltd. (Japan)
- BlackBerry Limited (Canada)
- ARM Ltd. (U.K.)
- Wittenstein (Germany)
- ENEA AB (Sweden)
- Mentor Graphics Corporation (U.S.)
- Green Hills Software (U.S.)
- SYSGO AG (Germany)
- Microsoft Corporation (U.S.)
- Wind River (U.S.)
- Silicon Labs (U.S.)
- Kaspersky Lab (Russia)
- Canonical Ltd. (U.K.)
IoT Operating Systems Industry Developments
As of November 2023, Fire OS, an Android fork is presently being used by Amazon on its Fire TVs and tablets. However, since the operating system is based on the Android Open-Source Project (AOSP), you can use any app that runs on Android with the device. Nonetheless, this online retail giant could be looking to distance itself from Google's OS, as per a new report. The company intends to replace the current Android-based Fire OS that runs on Fire TVs and other devices with a new one, according to news reports. The present work reveals that this fresh software is already in an advanced stage of development and can be made available in supported equipment from 2024 onward. Amazon has started replacing its existing smartphones’ operating systems, including Android OS, with another brand-new operating system.
In November 2023, another milestone that SIM technology reached was the iSIM. In fact, G+D Mobile Security, together with PassTime, has been instrumental in developing this concept and is now launching the first commercially viable large-scale solution backed by AT&T and Sony Semiconductor Israel, respectively. To make its next-generation compact GPS locater more energy efficient but also more versatile at reduced manufacturing complexity for use across diverse market verticals in IoT solutions.
In April 2024, Telefónica, together with IDEMIA Secure Transactions, announced Quside's Quantum-Safe connection for industrial IoT devices. This pioneering initiative will enable advances in quantum computing for Internet of Things (IoT) devices through the introduction of Quantum-safe SIM cards and Transport Layer Security (TLS). This cryptographic protocol allows deployment without changes at the hardware level, and it has strong quantum randomness technology that increases the security of connections and makes them much more effective.
In August 2023, Samsung Electronics revealed that they had globally released KMC-W – an updated version of Samsung Kiosk running Windows after winning the ISE Best of Show award by AV Technology during Integrated Systems Europe 2023. The new version of this Kiosk has a 24-inch touch screen, which extends its software compatibility to advanced self-service display technology for food & beverage, retail, travel, and healthcare sectors. Different industries and applications like bill payments, drive-thru services, self-ordering in restaurants, coffee houses, and unmanned fitting rooms require the convenience of contactless technology.
IoT Operating Systems Market Segmentation
IoT Operating Systems Services Outlook
IoT Operating Systems Organization Size Outlook
IoT Operating Systems Verticals Outlook
IoT Operating Systems, Operating Systems Type Outlook
IoT Operating Systems Application Outlook
IoT Operating Systems Regional Outlook
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North America
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
| Report Attribute/Metric |
Details |
| Market Size 2023 |
USD 0.6 Billion |
| Market Size 2024 |
USD 0.7401 Billion |
| Market Size 2032 |
USD 3.3 Billion |
| Compound Annual Growth Rate (CAGR) |
20.55% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Services, Organization Size, Verticals, Operating Systems Type, Application, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
Google Inc. (U.S.), Apple Inc (U.S.), ESOL Co. Ltd. (Japan), BlackBerry Limited (Canada), ARM Ltd. (U.K.), Wittgenstein (Germany), ENEA AB (Sweden) |
| Key Market Opportunities |
IoT helps In improving efficiency and accuracyHelps in lessening the operating expenses. |
| Key Market Dynamics |
Increasing adoption of IoT operating systems and in SMEs |
IoT Operating Systems Market Highlights:
Frequently Asked Questions (FAQ) :
The IoT Operating Systems market size was valued at USD 0.6 Billion in 2023.
The market is projected to grow at a CAGR of 20.55% during the forecast period, 2024-2032.
North America had the largest share of the market
The key players in the market are Google Inc. (U.S.), Apple Inc (U.S.), ESOL Co. Ltd. (Japan), BlackBerry Limited (Canada), ARM Ltd. (U.K.), Wittgenstein (Germany), and ENEA AB (Sweden).
The professional services category dominated the market in 2023.
The large enterprise sector had the largest share of the market.
Manufacturing and industrial automation had the largest share of the market.
The Windows 10 IoT had the largest share of the market.
Smart buildings & home automation had the largest share of the market.
