Consumer IoT Market Size, Share & Global Industry Analysis by 2027

Consumer IoT Market

The recently published market study by ReportCrux Market Research highlights the current trends that are expected to influence the dynamics of the Consumer IoT market in the upcoming years. The report introspects the supply chain, cost structure, and recent developments pertaining to the Consumer IoT market in the report and the impact of the COVID-19 on these facets of the market. Further, the micro and macro-economic factors that are likely to impact the growth of the Consumer IoT market are thoroughly studied in the presented market study. Some of the key players profiled in the study are LG Electronics, Texas Instruments, Amazon, AT&T, Apple.

Consumer IoT Market Size:

The global Consumer IoT Market is estimated to grow from USD 52.76 Billion in 2019 to reach USD 188.24 Billion by 2027, at a CAGR of 17.2% during the forecast period from 2020-2027.

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Market Overview

The report provides market data from 2016 till 2027, wherein, 2016 to 2018 will be historic years, 2019 would be the base year and 2020 to 2027 will be forecast years. The report provides different statistics and figures and charts that will help analyze trends and global consumer IoT market share along with its growth rate in different regions and countries.

Economy Trends & Strategic Analysis:

Various drivers, restraints and opportunities in the consumer IoT market are analyzed in detail in the report. Key drivers that make the overall market grow are discussed thoroughly, along with its impact on the sales of different offering components. Report also features restraining factors that are likely to restrain the market growth. As well, different opportunities which will propel the market in future and bring new growth avenues for major market players are discussed in detail. This will help in understanding the overall dynamics prevailing in the historic as well as in coming years.

Apart from this, the report covers various collaborations, mergers and acquisitions, regional expansions, new offering launches and offering pipelines for the key players involved in the market.

Segmented Analysis:

By Component


Real-Time Streaming Analytics

Data Management

Remote Monitoring

Security Solution

Network Bandwidth Management


Application Management

Device Management

Network Management

By Services

Professional Services

Managed Services

By Offering

Node Component

Memory Device




Network Infrastructure

Ethernet Switch and Routing




Regional Analysis:

Geographically, this report is segmented into several key Regions, with revenue (value) (B USD), market share and growth rate of Consumer IoT in these regions, from 2014 to 2026 (forecast), covering

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

South America (Brazil, Argentina, Columbia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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