Asia Pacific Iot Devices Market Size & Outlook, 2025-2030
Global Market
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Asia Pacific iot devices market highlights
- The Asia Pacific iot devices market generated a revenue of USD 20,178.6 million in 2024.
- The market is expected to grow at a CAGR of 20.5% from 2025 to 2030.
- In terms of segment, sensors was the largest revenue generating component in 2024.
- Edge Devices is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 20,178.6 million |
| Market revenue in 2030 | USD 63,047.9 million |
| Growth rate | 20.5% (CAGR from 2025 to 2030) |
| Largest segment | Sensors |
| Fastest growing segment | Edge Devices |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensors, Actuators, Processors, Edge Devices |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.7% of the global iot devices market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 63,047.9 million by 2030.
In the Asia-Pacific (APAC) region, IoT device adoption is rapidly growing, supported by various government initiatives that aim to foster digital transformation, enhance infrastructure, and promote sustainable development.
Governments across the APAC countries are playing an essential role in driving IoT innovation by providing funding, policy frameworks, and regulatory support. Smart cities are a major driver of IoT adoption in APAC. Countries such as China, India, Singapore, and Japan are heavily investing in building smart cities with IoT-enabled infrastructure.
This includes smart traffic management, environmental monitoring, energy management, waste management, and public safety systems. Industrial IoT (IIoT) is increasingly adopted in countries such as China, Japan, South Korea, and India.
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Publish Date: Feb 05, 2025
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IoT Devices Market Scope
IoT Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Intel Corp | View profile | 124,800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | www.intel.com |
| Siemens Healthineers AG ADR | View profile | 71,400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | www.siemens-healthineers.com |
| STMicroelectronics NV | View profile | 51,323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | www.st.com |
| Honeywell International Inc | View profile | 95,000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | www.honeywell.com |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| Texas Instruments Inc | View profile | 34,000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | www.ti.com |
| Qualcomm Inc | View profile | 50,000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | www.qualcomm.com |
| NXP Semiconductors NV | View profile | 34,200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | www.nxp.com |
| Cisco Systems Inc | View profile | 84,900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | www.cisco.com |
| Silicon Laboratories Inc | View profile | 1,846 | 400 West Cesar Chavez, Austin, TX, United States, 78701 | www.silabs.com |
Asia Pacific IoT Devices Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to IoT Devices Market Outlook will help companies and investors design strategic landscapes.
Sensors was the largest segment with a revenue share of 39.76% in 2024.
Horizon Databook has segmented the Asia Pacific iot devices market based on sensors, actuators, processors, edge devices covering the revenue growth of each sub-segment from 2018 to 2030.
In the Asia-Pacific (APAC) region, IoT device adoption is rapidly growing, supported by various government initiatives that aim to foster digital transformation, enhance infrastructure, and promote sustainable development.
Governments across the APAC countries are playing an essential role in driving IoT innovation by providing funding, policy frameworks, and regulatory support. Smart cities are a major driver of IoT adoption in APAC. Countries such as China, India, Singapore, and Japan are heavily investing in building smart cities with IoT-enabled infrastructure.
This includes smart traffic management, environmental monitoring, energy management, waste management, and public safety systems. Industrial IoT (IIoT) is increasingly adopted in countries such as China, Japan, South Korea, and India.
- Asia Pacific Iot Devices Market Component Outlook (Revenue, USD Million , 2018-2030)
- Sensors
- Actuators
- Processors
- Edge Devices
- Others
- Asia Pacific Iot Devices Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Smart Home
- Industrial IoT (IIoT)
- Healthcare
- Automotive and Transportation
- Retail
- Agriculture
- Energy and Utilities
- Smart Cities
- Wearables
- Consumer Electronics
- Others
- Asia Pacific Iot Devices Market Connectivity Outlook (Revenue, USD Million , 2018-2030)
- Wi-Fi
- Bluetooth
- Zigbee
- Cellular
- RFID
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific IoT Devices Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific IoT Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Iot Devices Market, 2018-2030 (US$M)
Asia Pacific iot devices market statistics, by component, 2018-2030 (US$M)
