IoT Analytics is a leading global provider of market insights and strategic business intelligence for IoT, AI, Cloud, Edge and Industry 4.0.| IoT Analytics
As we kick off 2024, the IoT Analytics team has again evaluated last year’s main IoT developments in the global “Internet of Things” arena. This article highlights some general observations and our top 10 IoT stories from 2023, a year characterized by multi-decade high interest rates, a challenging macroeconomic environment, and, of course, the advent and excitement of generative AI (gen AI). For your reference, here is our IoT 2022 in Review article. General IoT 2023 market 2023 was a ...| IoT Analytics
In short Many CEOs are making key decisions due to recent tariffs, according to IoT Analytics’ latest research note, The Evolving Tariff Landscape: Impact on the Economy and Businesses, which is based on an analysis of over 1,500 recent corporate earnings calls. Notably, 25% of companies updated their financial guidance due to tariffs, 19% announced price increases, and 18% are changing their operational footprint due to tariffs. Decisions vary greatly by sector with nearly half of industri...| IoT Analytics
In short Enterprise spending on industrial core value chain software and OT hardware is poised to surpass $350 billion by 2030 as manufacturers increasingly digitalize their businesses, according to recent IoT Analytics research. Analysis in IoT Analytics’ 105-page Industrial Automation Projects Report and Database 2025—based on over 4,000 publicly shared case studies—reveals distinct industrial, regional, and technological footprints from 5 of the leading industrial automation vendors:...| IoT Analytics
The 9 most demanded IoT system integrator services - A heatmap is based on discussions with experts in the field| IoT Analytics
In short The global industrial software market reached $146 billion in 2023, according to IoT Analytics’ 132-page Industrial Software Landscape Report 2024–2030, and is forecasted to reach $355 billion by the end of the decade, growing at a CAGR of 13.5%. Cloud infrastructure and services is the fastest-growing overall industrial software category, while EDA is set to be the fastest for the core industrial value chain software category. Microsoft gained the most overall market share since...| IoT Analytics
In short 22% of recently announced cloud implementations had an AI element, according to the 188-page Global Cloud Projects Report and Database 2024. The data shows that AI has become a driver for cloud demand, with generative AI (GenAI) playing an increasing role. According to the data, Microsoft is leading the overall AI and GenAI race. AWS leads in traditional AI, while Google has the highest share of AI customers. Why it matters For cloud AI providers: The analysis and associated report/d...| IoT Analytics
Hannover Messe 2022 - the latest Industrial IoT / Industrie 4.0 trends: includes 55 insights with examples and interview highlights. More...| IoT Analytics
In short Cybersecurity, process automation, and IT software were the top 3 enterprise technology priorities in 2024 and are expected to maintain these spots in 2025. AI is expected to rise to 4th place in 2025, and IoT is likely to remain the 5th-ranked priority. Every year, IoT Analytics surveys senior IT decision-makers about their companies’ top technology priorities, giving insight into how many organizations prioritize technology investments. Why it matters For technology vendors: Unde...| IoT Analytics
Key insights In Q1 2024, the cellular IoT module market grew 7% year-over-year, according to IoT Analytics’ latest Global Cellular IoT Module and Chipset Tracker & Forecast update. Driving this growth was an upswing in module demand in China, which counterbalanced the remaining inventory and demand issues in much of the world. Connectivity technologies like 5G and LTE Cat-1 bis experienced a combined 67% market growth year-over-year, contributing to the overall cellular IoT module market gr...| IoT Analytics
In short The generative AI market surpassed $25.6 billion in 2024, driven by rapid adoption and the increasing integration of AI capabilities across industries, according to the 263-page Generative AI Market Report 2025–2030 (published January 2025). The data center GPU market saw remarkable growth to $125 billion, with NVIDIA maintaining a dominant position, holding 92% of the market share. Microsoft and AWS lead the rapidly expanding foundation models and model management platforms marke...| IoT Analytics
In short Digitalization has become essential for industrial companies worldwide, as IoT Analytics expects the industrial IoT market to reach $145 billion in 2023. The Industrial IoT and Industry 4.0 Case Studies Report 2023 delves into 22 case studies, exploring their project objectives, technologies deployed, lessons learned, challenges, and outcomes. In this article, we share five learnings from the report: 1) Upgrading the ERP is often the first step in digital transformation, 2) cloud-nat...| IoT Analytics