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[SITUATION] · [QUIET] · [TECHNOLOGY]
2 clusters · 7 sources · 21 days · First seen · Last updated
Global IoT and industrial connectivity market growth
Overview
The global Internet of Things (IoT) technology market is experiencing significant expansion, with projections suggesting it will reach USD 1.1 trillion by 2030. This growth is fueled by the integration of 5G, edge computing, and artificial intelligence, alongside increasing smart-home deployments and Industry 4.0 initiatives.
Parallel developments in industrial connectivity show the industrial Ethernet chip market is expected to grow from $1.834 billion in 2025 to $3.175 billion by 2032. This sector is seeing a transition from traditional fieldbuses to Ethernet-based systems, with a market shift toward integrated communication platforms that combine real-time processing, security, and protocol handling.
Entities
IoT Forum · Market Research Center Co., Ltd. · New Zealand · MarketsandMarkets
Timeline
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[TECHNOLOGY] 3 sourcesIndustrial Ethernet chip market projected to reach $3.175 billion by 2032
The global industrial Ethernet chip market is expected to reach $3.175 billion by 2032, driven by factory automation and the transition from traditional fieldbuses to Ethernet-based communication.
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[TECHNOLOGY] 4 sourcesIoT technology market projected to reach USD 1.1 trillion by 2030
The global IoT market is projected to reach USD 1,148.62 billion by 2030, driven by 5G, edge computing, and AI integration across various industrial and consumer sectors.
Sources
dreamnews.jp · iotsecurityfoundation.org · marketsandmarketsblog.com · nztech.org.nz · prtimes.jp · reportsnreports.com · the-miyanichi.co.jp