Asia Pacific Iot Devices Market Size & Outlook, 2025-2030
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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.
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IoT Devices Market Scope
IoT Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Robert Bosch GmbH | View profile | - | - | - |
| ABB Group | View profile | - | - | - |
| PTC Inc | View profile | 7231 | 121 Seaport Boulevard, Boston, MA, United States, 02210 | https://www.ptc.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Sierra Wireless | View profile | 1001-5000 | Richmond, British Columbia, Canada, North America | http://www.sierrawireless.com |
| Silicon Laboratories Inc | View profile | 1846 | 400 West Cesar Chavez, Austin, TX, United States, 78701 | https://www.silabs.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.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 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.
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Target buyers of Asia Pacific iot devices market databook
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Our clientele includes a mix of iot devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific iot devices market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific iot devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific iot devices market size, by country, 2018-2030 (US$M)
Asia Pacific IoT Devices Market Outlook Share, 2024 & 2030 (US$M)
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