US Internet of Things Market Summary
The United States Internet of Things (IoT) market is poised for substantial growth, projected to reach 929.7 USD billion by 2035 from a base of 138.5 USD billion in 2024.
Key Market Trends & Highlights
United States Internet of Things (IoT) Key Trends and Highlights
- The market is expected to grow from 138.5 USD billion in 2024 to 929.7 USD billion by 2035.
- A compound annual growth rate (CAGR) of 18.9 percent is anticipated from 2025 to 2035.
- The increasing integration of IoT devices across various sectors is likely to drive market expansion.
- Growing adoption of smart home technologies due to rising consumer demand for automation is a major market driver.
Market Size & Forecast
2024 Market Size | 138.5 (USD Billion) |
2035 Market Size | 929.7 (USD Billion) |
CAGR (2025-2035) | 18.9% |
Largest Regional Market Share in 2024 | latin_america) |
Major Players
General Electric, Siemens, Amazon, Bosch, Google, Qualcomm, Samsung, Cisco, Honeywell, AT&T, Oracle, SAP, IBM, Microsoft, Intel
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