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    US IOT Platform Market

    ID: MRFR/ICT/14284-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US IoT Platform Market Research Report Information By Platform (IoT Connectivity Platforms, IoT Device Management Platforms, IoT Application Enablement Platforms, loT Analytics Platforms, IoT Hardware Development Platforms & IoT Integration Platforms), By Organization Size (Small & Medium Enterprises & Large Enterprises, By Deployment Model (Cloud {Public, Private, and Hybrid} & On-Premises), By Application (Consumer loT, Enterprise loT, and Industrial loT), By End Use Vertical (Smart Manufacturing, Smart Infrastructure, Smar...

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    US IOT Platform Market Infographic
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    US IOT Platform Market Summary

    The United States IoT Platform market is projected to grow from 80 USD billion in 2024 to 200 USD billion by 2035.

    Key Market Trends & Highlights

    United States IoT Platform Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 8.69 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 200 USD billion, indicating robust growth potential.
    • In 2024, the market is valued at 80 USD billion, laying a strong foundation for future expansion.
    • Growing adoption of IoT technologies due to increasing demand for smart devices is a major market driver.

    Market Size & Forecast

    2024 Market Size 80 (USD Billion)
    2035 Market Size 200 (USD Billion)
    CAGR (2025 - 2035) 8.69%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Key Companies in the US IOT Platform Market market include

    FAQs

    What is the expected market size of the US IoT Platform Market in 2024?

    The expected market size of the US IoT Platform Market in 2024 is valued at 63.87 million USD.

    What will be the projected market value of the US IoT Platform Market by 2035?

    By 2035, the projected market value of the US IoT Platform Market is expected to reach 658.37 million USD.

    What is the expected CAGR for the US IoT Platform Market from 2025 to 2035?

    The expected CAGR for the US IoT Platform Market from 2025 to 2035 is 23.625%.

    Which segment of the market is expected to have the highest value in 2035?

    The IoT Device Management Platforms segment is expected to have the highest value in 2035 at 175.0 million USD.

    What is the market size of the IoT Connectivity Platforms segment in 2024?

    The market size for the IoT Connectivity Platforms segment in 2024 is valued at 12.5 million USD.

    Which key players are dominating the US IoT Platform Market?

    Major players in the US IoT Platform Market include SAP, GE, PTC, Oracle, and Cisco.

    How much is the IoT Analytics Platforms segment projected to be worth in 2035?

    The IoT Analytics Platforms segment is projected to be worth 130.0 million USD in 2035.

    What significant growth opportunities exist in the US IoT Platform Market?

    Significant growth opportunities in the US IoT Platform Market arise from advancements in IoT technology and increasing demand for automation.

    What impact do current global trends have on the US IoT Platform Market?

    Current global trends heavily impact the US IoT Platform Market by accelerating the adoption of digital transformation strategies.

    What is the value of the IoT Hardware Development Platforms segment in 2024?

    The value of the IoT Hardware Development Platforms segment in 2024 is 13.0 million USD.

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