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IoT Market Set for 14% Growth Amid AI Boost

4/8/2025

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Summary

Story summary

The enterprise IoT market is projected to grow at a 14% CAGR from 2025 to 2030, recovering from a 10% growth in 2024.
Key sectors driving IoT adoption include automotive, process manufacturing, and energy, with AI advancements aiding recovery.
Vodafone has connected its 200 millionth IoT device, enhancing global monitoring in healthcare and environmental protection.
eSIM technology is improving global connectivity for IoT devices, providing seamless, low-latency solutions.

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Story summary

The enterprise IoT market is projected to grow at a 14% CAGR from 2025 to 2030, recovering from a 10% growth in 2024.
Key sectors driving IoT adoption include automotive, process manufacturing, and energy, with AI advancements aiding recovery.
Vodafone has connected its 200 millionth IoT device, enhancing global monitoring in healthcare and environmental protection.
eSIM technology is improving global connectivity for IoT devices, providing seamless, low-latency solutions.