×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

US Internet of Everything Market

ID: MRFR/ICT/12827-HCR
100 Pages
Garvit Vyas
October 2025

US Internet of Everything Market Research Report: By Component (Hardware, Software/Platform, Connectivity, Services) and By End User Industry (Manufacturing, Transportation, Healthcare, Retail, Energy and Utilities, Residential, Government, BFSI, Others) - Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

US Internet of Everything Market Infographic
Purchase Options

US Internet of Everything Market Summary

As per MRFR analysis, the US internet of everything market size was estimated at 101.19 USD Billion in 2024. The US internet of-everything market is projected to grow from 130.42 USD Billion in 2025 to 1650.32 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 28.89% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US The US internet of everything market is experiencing robust growth. This growth is driven by technological advancements and an increasing demand for smart solutions.

  • The largest segment in the US internet of-everything market is the smart home devices sector, which continues to see increased adoption.
  • The fastest-growing segment is anticipated to be industrial IoT solutions, reflecting a shift towards automation in manufacturing.
  • Enhanced data analytics capabilities are becoming crucial as organizations seek to derive actionable insights from vast amounts of data.
  • Rising demand for automation solutions and advancements in connectivity technologies are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 101.19 (USD Billion)
2035 Market Size 1650.32 (USD Billion)

Major Players

Cisco Systems (US), IBM (US), General Electric (US), Intel (US), Microsoft (US), Siemens (DE), Oracle (US), SAP (DE), Honeywell (US)

US Internet of Everything Market Trends

The internet of everything market is currently experiencing a transformative phase. This phase is characterized by the integration of advanced technologies into everyday life. This market encompasses a wide array of devices and systems that communicate and interact seamlessly, enhancing efficiency and connectivity across various sectors. As organizations increasingly adopt smart technologies, the demand for interconnected devices is likely to rise, driven by the need for improved data analytics and operational efficiency. Furthermore, the proliferation of 5G technology appears to be a catalyst, enabling faster and more reliable connections, which could significantly enhance the capabilities of the internet of-everything market. In addition, the focus on sustainability and energy efficiency is becoming more pronounced. Companies are exploring innovative solutions that not only optimize performance but also reduce environmental impact. This trend suggests a shift towards greener technologies, where the internet of-everything market plays a crucial role in monitoring and managing resources effectively. As the landscape evolves, stakeholders must remain vigilant to emerging trends and adapt strategies accordingly, ensuring they harness the full potential of this dynamic market.

Increased Adoption of Smart Devices

The trend towards greater adoption of smart devices is evident, as consumers and businesses alike seek to enhance their operational capabilities. This shift is driven by the desire for improved efficiency and convenience, with smart home devices and industrial IoT applications leading the charge. As more entities recognize the benefits of interconnected systems, the internet of-everything market is poised for substantial growth.

Enhanced Data Analytics Capabilities

The internet of-everything market is witnessing a surge in demand for advanced data analytics tools. Organizations are increasingly leveraging data generated by interconnected devices to gain insights and make informed decisions. This trend indicates a growing recognition of the value of data-driven strategies, which can lead to improved performance and competitive advantage.

Focus on Cybersecurity Measures

As the internet of-everything market expands, the importance of robust cybersecurity measures becomes more pronounced. With the rise in connected devices, vulnerabilities may increase, prompting organizations to prioritize security solutions. This trend highlights the need for comprehensive strategies to protect sensitive data and maintain trust in interconnected systems.

US Internet of Everything Market Drivers

Expansion of Smart City Initiatives

The development of smart city initiatives is significantly influencing the internet of-everything market. Cities across the US are investing in IoT technologies to enhance urban living conditions, improve public services, and promote sustainability. For instance, the US government has allocated substantial funding for smart infrastructure projects, with estimates suggesting investments could exceed $100 billion by 2025. These initiatives encompass smart transportation systems, energy-efficient buildings, and enhanced public safety measures. As cities adopt interconnected systems, the demand for IoT solutions is expected to rise, thereby driving the internet of-everything market. This trend not only fosters economic growth but also enhances the quality of life for residents.

Rising Demand for Automation Solutions

The internet of-everything market is experiencing a notable surge in demand for automation solutions across various sectors. Industries such as manufacturing, healthcare, and logistics are increasingly adopting automated systems to enhance operational efficiency. According to recent data, the automation market in the US is projected to reach approximately $200 billion by 2026, indicating a robust growth trajectory. This trend is driven by the need for improved productivity and reduced operational costs. As organizations seek to streamline processes, the integration of IoT devices and systems becomes essential, thereby propelling the internet of-everything market forward. Furthermore, the convergence of AI and IoT technologies is likely to create innovative automation solutions, further stimulating market growth.

Advancements in Connectivity Technologies

The evolution of connectivity technologies is a critical driver of the internet of-everything market. The rollout of 5G networks across the US is expected to enhance the performance and reliability of IoT devices, facilitating real-time data transmission and communication. This advancement is likely to support a wide range of applications, from autonomous vehicles to smart healthcare solutions. Market Research Future suggest that the 5G market could reach $300 billion by 2025, underscoring the potential impact on the internet of-everything market. As connectivity improves, the adoption of IoT devices is expected to accelerate, leading to increased market growth.

Growing Investment in Cybersecurity Solutions

As the internet of-everything market expands, the need for robust cybersecurity measures becomes increasingly paramount. With the proliferation of connected devices, vulnerabilities to cyber threats are on the rise. Organizations are investing heavily in cybersecurity solutions to protect sensitive data and maintain consumer trust. Recent estimates indicate that the cybersecurity market in the US could surpass $200 billion by 2025, reflecting the urgency of addressing these challenges. This trend is likely to drive the development of advanced security protocols and technologies tailored for IoT environments, thereby fostering growth within the internet of-everything market. Enhanced security measures not only protect assets but also encourage further adoption of IoT technologies.

Increased Focus on Environmental Sustainability

The internet of-everything market is increasingly shaped by a growing emphasis on environmental sustainability. Organizations are recognizing the potential of IoT technologies to monitor and reduce their carbon footprints. For example, smart energy management systems can optimize energy consumption, leading to significant cost savings and reduced emissions. Recent studies indicate that implementing IoT solutions in energy management could lead to a reduction of up to 30% in energy costs for businesses. As regulatory pressures and consumer expectations regarding sustainability intensify, companies are likely to invest in IoT solutions that align with their environmental goals, thereby propelling the internet of-everything market.

Market Segment Insights

By End-User: Manufacturing (Largest) vs. Healthcare (Fastest-Growing)

In the US internet of-everything market, the manufacturing sector holds the largest share, reflecting its critical role in driving technology integration and automation. This segment benefits from robust demand for IoT solutions that enhance operational efficiency, reduce downtime, and provide real-time analytics. Meanwhile, the healthcare sector has emerged as the fastest-growing segment, showcasing a significant need for IoT applications in patient monitoring, telehealth, and medical asset management, thereby improving patient outcomes and streamlined operations. The growth trends in these segments are driven by increasing investments in smart technologies and investments in digital transformation initiatives. Manufacturing is being revolutionized by smart factories, utilizing IoT to optimize production processes. Conversely, the healthcare industry is rapidly adopting IoT solutions to address challenges like rising healthcare costs, the need for enhanced patient care, and better data management, thus paving the way for innovative healthcare delivery solutions.

Manufacturing: (Dominant) vs. Healthcare (Emerging)

The manufacturing segment in the US internet of everything market stands as a dominant force. It integrates IoT technologies to achieve higher efficiency and productivity while minimizing operational costs. This sector leverages IoT solutions for predictive maintenance, supply chain management, and equipment monitoring, significantly reducing waste and streamlining processes. On the other hand, the healthcare sector represents an emerging segment, rapidly adopting IoT technologies to revolutionize patient care and management. The emphasis on health tracking wearables, remote patient monitoring systems, and smart hospital solutions is driving this segment's growth. Both segments are crucial, with manufacturing focusing on process improvement and efficiency, while healthcare is dedicated to enhancing service delivery and patient outcomes.

By Component Type: Hardware (Largest) vs. Services (Fastest-Growing)

The market share of the segment values in the US internet of-everything market showcases hardware as the largest segment, holding a significant portion of the market due to its essential role in various IoT applications. Software/platform follows closely, driven by demand for robust solutions that enable data analysis and integration across devices. Connectivity solutions also maintain a crucial presence, facilitating seamless interactions among diverse IoT systems. Services, though smaller, are rapidly gaining traction as businesses increasingly seek expert guidance to implement and optimize their IoT strategies. Growth trends in the component type segment indicate a robust expansion, particularly in services, which are becoming the fastest-growing component. The need for customization and complex integrations boosts demand for tailored service offerings. Furthermore, advancements in hardware technology and the proliferation of data analytics platforms create opportunities for software and connectivity segments. The dynamic nature of consumer demands drives businesses to continuously innovate, ensuring that services and platforms remain aligned with market needs.

Hardware (Dominant) vs. Services (Emerging)

Hardware is the dominant component in the US internet of-everything market, offering a range of physical devices necessary for IoT implementations, such as sensors, actuators, and gateways. This segment benefits from ongoing technological advancements and a growing reliance on IoT solutions across various industries. On the other hand, services represent an emerging segment characterized by a shift towards comprehensive support and consultancy for businesses looking to adopt IoT technology. This includes installation, management, and maintenance of IoT systems, which are essential for maximizing the potential of connectivity and software platforms. As enterprises increasingly recognize the value of specialized service providers, this segment is becoming pivotal in driving effective IoT deployments.

Get more detailed insights about US Internet of Everything Market

Key Players and Competitive Insights

The internet of-everything market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for interconnected devices. Major players such as Cisco Systems (US), IBM (US), and Microsoft (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Cisco Systems (US) focuses on innovation through its robust networking solutions, while IBM (US) emphasizes its cloud and AI capabilities to facilitate digital transformation. Microsoft (US) leverages its extensive software ecosystem to integrate IoT solutions, thereby shaping a competitive environment that is increasingly reliant on technological integration and strategic partnerships.

Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The competitive structure appears moderately fragmented, with a mix of established players and emerging startups. This fragmentation allows for diverse offerings, yet the collective influence of key players like General Electric (US) and Honeywell (US) is significant, as they drive innovation and set industry standards.

In October 2025, Cisco Systems (US) announced a strategic partnership with a leading telecommunications provider to enhance its IoT security solutions. This collaboration aims to address growing concerns over cybersecurity in interconnected devices, indicating Cisco's commitment to fortifying its market position through enhanced security measures. Such initiatives are likely to resonate well with enterprises seeking reliable IoT solutions, thereby reinforcing Cisco's competitive edge.

In September 2025, IBM (US) unveiled a new AI-driven analytics platform designed specifically for IoT applications. This platform is expected to streamline data processing and provide actionable insights for businesses, thereby enhancing operational efficiency. The introduction of this platform underscores IBM's focus on integrating AI with IoT, positioning the company as a leader in the digital transformation space.

In August 2025, Microsoft (US) expanded its Azure IoT services by launching a new suite of tools aimed at simplifying device management and data integration. This expansion reflects Microsoft's strategy to enhance its cloud offerings, making it easier for businesses to adopt IoT technologies. By providing comprehensive solutions, Microsoft is likely to attract a broader customer base, further solidifying its presence in the market.

As of November 2025, current competitive trends indicate a strong emphasis on digitalization, sustainability, and AI integration. Strategic alliances are increasingly shaping the landscape, as companies recognize the need for collaboration to drive innovation. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that future differentiation will hinge on the ability to innovate and adapt to evolving market demands.

Key Companies in the US Internet of Everything Market market include

Industry Developments

The US Internet of Everything Market is witnessing significant developments, particularly with key players such as SAP, Hewlett Packard Enterprise, and Oracle leading various initiatives. In September 2023, Honeywell announced an expansion of its IoT capabilities, enhancing its software offerings for industrial applications, which aligns with ongoing demand for smart manufacturing solutions. Recent partnerships have emerged, notably between Microsoft and Qualcomm to improve IoT connectivity, reflecting a growing trend toward collaboration in the sector. Additionally, in August 2022, Cisco Systems completed its acquisition of Acacia Communications, enhancing its optical technologies for better connectivity in IoT deployments.

Market demand continues to grow, with valuations from firms like IBM and Amazon Web Services showing an increasing focus on cloud integration for IoT solutions. Major happenings over the last two years include initiatives from General Electric to advance its digital industrial strategy and Rockwell Automation's push towards AI integration in manufacturing processes. The evolution of regulations around data security and privacy also significantly impacts the adoption of IoT technologies in the US, shaping the landscape of industrial and consumer applications.

Future Outlook

US Internet of Everything Market Future Outlook

The internet of-everything market is projected to grow at a 28.89% CAGR from 2024 to 2035, driven by advancements in AI, connectivity, and data analytics.

New opportunities lie in:

  • Development of smart city infrastructure solutions
  • Integration of IoT in supply chain management
  • Creation of personalized health monitoring systems

By 2035, the market is expected to achieve substantial growth, driven by innovative applications and increased connectivity.

Market Segmentation

US Internet of Everything Market End-User Outlook

  • Manufacturing
  • Transportation
  • Healthcare
  • Retail
  • Energy and Utilities
  • Residential
  • Government
  • Insurance

US Internet of Everything Market Component Type Outlook

  • Hardware
  • Software/Platform
  • Connectivity
  • Services

Report Scope

MARKET SIZE 2024 101.19(USD Billion)
MARKET SIZE 2025 130.42(USD Billion)
MARKET SIZE 2035 1650.32(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 28.89% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Cisco Systems (US), IBM (US), General Electric (US), Intel (US), Microsoft (US), Siemens (DE), Oracle (US), SAP (DE), Honeywell (US)
Segments Covered End-User, Component Type
Key Market Opportunities Integration of advanced analytics and AI in the internet of-everything market enhances operational efficiency and decision-making.
Key Market Dynamics Rapid technological advancements drive competitive forces and consumer adoption in the internet of-everything market.
Countries Covered US

Leave a Comment

FAQs

What is the projected market size of the US Internet of Everything Market in 2024?

The US Internet of Everything Market is expected to be valued at 121.0 billion USD in 2024.

What is the estimated market size of the US Internet of Everything Market by 2035?

By 2035, the market is anticipated to reach a valuation of 2179.5 billion USD.

What is the expected compound annual growth rate (CAGR) for the US Internet of Everything Market from 2025 to 2035?

The expected CAGR for this market from 2025 to 2035 is 30.06%.

What are the key components driving the US Internet of Everything Market?

The market is driven by components such as hardware, software/platform, connectivity, and services.

What is the projected value of the hardware segment in the US Internet of Everything Market in 2024?

The hardware segment is projected to be valued at 30.0 billion USD in 2024.

How much is the software/platform segment expected to be worth in 2035?

In 2035, the software/platform segment is expected to be valued at 810.0 billion USD.

Who are the major players in the US Internet of Everything Market?

Major players in the market include SAP, Hewlett Packard Enterprise, Oracle, and IBM among others.

What will be the estimated value of the connectivity segment in 2035?

The connectivity segment is expected to reach a valuation of 350.0 billion USD by 2035.

What is the projected market value for the services segment in 2024?

The services segment is expected to be valued at 26.0 billion USD in 2024.

What growth opportunities exist within the US Internet of Everything Market from 2025 to 2035?

The market presents growth opportunities through innovation in technology and increased connectivity solutions.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions