IoT Connectivity Market Worth $8.9 billion by 2024 - Exclusive Report by MarketsandMarkets - Seite 2

North America to account for the largest market size during the forecast period

North America is expected to hold the largest market size during the forecast period. The US has emerged as the largest market for IoT connectivity due to the large-scale implementation of the technology by organizations and enterprises in the country. The high pace of digital transformation, along with the high growth of IoT, Artificial Intelligence (AI) and cloud computing, is attributing to the fast growth of the IoT Connectivity Market in the US.

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Key and emerging market players include AT&T (US), Cisco (US), Verizon (US), Vodafone (UK), Ericsson (Sweden), Sierra Wireless (Canada), Orange (France), Telefónica (Spain), Huawei (China), Telit (Italy), Hologram (US), Particle (US), Aeris (US), Sigfox (France), EMnify (Germany), and Moeco (US). These players have adopted various strategies to grow in the IoT Connectivity Market.

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