
IoT (Internet of Things) development service refers to the expertise, tools, and resources provided by a specialized team or company to assist businesses in designing, developing, and implementing IoT solutions. These services include developing IoT software applications, building hardware components, integrating devices and sensors, creating connectivity infrastructure, and managing data analytics and security. IoT development services cover the end-to-end process of bringing IoT projects to life, from concept ideation to prototype development and deployment. The aim is to enable organizations to leverage IoT technologies to enhance operations, improve efficiency, enable new revenue opportunities, and provide innovative experiences to customers.
The global IoT Application Development Services market was valued at US$ 1826 million in 2023 and is anticipated to reach US$ 3260.3 million by 2030, witnessing a CAGR of 9.0% during the forecast period 2024-2030.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
This report aims to provide a comprehensive presentation of the global market for IoT Application Development Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Application Development Services.
Report Scope
The IoT Application Development Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IoT Application Development Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IoT Application Development Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Digiteum
ScienceSoft
Belitsoft
Velvetech
Peerbits
CONTUS
Geneca
Hidden Brains
Intellias
MindInventory
SoftwareHut
iPraxa
Finoit Technologies
Cumulations
Intuz
Cuelogic
Mobiloitte
Segment by Type
Mobile
Web
Enterprise
Segment by Application
Healthcare
Entertainment
Automotive
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IoT Application Development Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IoT Application Development Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Mobile
1.2.3 Web
1.2.4 Enterprise
1.3 Market by Application
1.3.1 Global IoT Application Development Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Healthcare
1.3.3 Entertainment
1.3.4 Automotive
1.3.5 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global IoT Application Development Services Market Perspective (2019-2030)
2.2 IoT Application Development Services Growth Trends by Region
2.2.1 Global IoT Application Development Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 IoT Application Development Services Historic Market Size by Region (2019-2024)
2.2.3 IoT Application Development Services Forecasted Market Size by Region (2025-2030)
2.3 IoT Application Development Services Market Dynamics
2.3.1 IoT Application Development Services Industry Trends
2.3.2 IoT Application Development Services Market Drivers
2.3.3 IoT Application Development Services Market Challenges
2.3.4 IoT Application Development Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top IoT Application Development Services Players by Revenue
3.1.1 Global Top IoT Application Development Services Players by Revenue (2019-2024)
3.1.2 Global IoT Application Development Services Revenue Market Share by Players (2019-2024)
3.2 Global IoT Application Development Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by IoT Application Development Services Revenue
3.4 Global IoT Application Development Services Market Concentration Ratio
3.4.1 Global IoT Application Development Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IoT Application Development Services Revenue in 2023
3.5 IoT Application Development Services Key Players Head office and Area Served
3.6 Key Players IoT Application Development Services Product Solution and Service
3.7 Date of Enter into IoT Application Development Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 IoT Application Development Services Breakdown Data by Type
4.1 Global IoT Application Development Services Historic Market Size by Type (2019-2024)
4.2 Global IoT Application Development Services Forecasted Market Size by Type (2025-2030)
5 IoT Application Development Services Breakdown Data by Application
5.1 Global IoT Application Development Services Historic Market Size by Application (2019-2024)
5.2 Global IoT Application Development Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America IoT Application Development Services Market Size (2019-2030)
6.2 North America IoT Application Development Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America IoT Application Development Services Market Size by Country (2019-2024)
6.4 North America IoT Application Development Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe IoT Application Development Services Market Size (2019-2030)
7.2 Europe IoT Application Development Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe IoT Application Development Services Market Size by Country (2019-2024)
7.4 Europe IoT Application Development Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IoT Application Development Services Market Size (2019-2030)
8.2 Asia-Pacific IoT Application Development Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific IoT Application Development Services Market Size by Region (2019-2024)
8.4 Asia-Pacific IoT Application Development Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America IoT Application Development Services Market Size (2019-2030)
9.2 Latin America IoT Application Development Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America IoT Application Development Services Market Size by Country (2019-2024)
9.4 Latin America IoT Application Development Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IoT Application Development Services Market Size (2019-2030)
10.2 Middle East & Africa IoT Application Development Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa IoT Application Development Services Market Size by Country (2019-2024)
10.4 Middle East & Africa IoT Application Development Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Digiteum
11.1.1 Digiteum Company Detail
11.1.2 Digiteum Business Overview
11.1.3 Digiteum IoT Application Development Services Introduction
11.1.4 Digiteum Revenue in IoT Application Development Services Business (2019-2024)
11.1.5 Digiteum Recent Development
11.2 ScienceSoft
11.2.1 ScienceSoft Company Detail
11.2.2 ScienceSoft Business Overview
11.2.3 ScienceSoft IoT Application Development Services Introduction
11.2.4 ScienceSoft Revenue in IoT Application Development Services Business (2019-2024)
11.2.5 ScienceSoft Recent Development
11.3 Belitsoft
11.3.1 Belitsoft Company Detail
11.3.2 Belitsoft Business Overview
11.3.3 Belitsoft IoT Application Development Services Introduction
11.3.4 Belitsoft Revenue in IoT Application Development Services Business (2019-2024)
11.3.5 Belitsoft Recent Development
11.4 Velvetech
11.4.1 Velvetech Company Detail
11.4.2 Velvetech Business Overview
11.4.3 Velvetech IoT Application Development Services Introduction
11.4.4 Velvetech Revenue in IoT Application Development Services Business (2019-2024)
11.4.5 Velvetech Recent Development
11.5 Peerbits
11.5.1 Peerbits Company Detail
11.5.2 Peerbits Business Overview
11.5.3 Peerbits IoT Application Development Services Introduction
11.5.4 Peerbits Revenue in IoT Application Development Services Business (2019-2024)
11.5.5 Peerbits Recent Development
11.6 CONTUS
11.6.1 CONTUS Company Detail
11.6.2 CONTUS Business Overview
11.6.3 CONTUS IoT Application Development Services Introduction
11.6.4 CONTUS Revenue in IoT Application Development Services Business (2019-2024)
11.6.5 CONTUS Recent Development
11.7 Geneca
11.7.1 Geneca Company Detail
11.7.2 Geneca Business Overview
11.7.3 Geneca IoT Application Development Services Introduction
11.7.4 Geneca Revenue in IoT Application Development Services Business (2019-2024)
11.7.5 Geneca Recent Development
11.8 Hidden Brains
11.8.1 Hidden Brains Company Detail
11.8.2 Hidden Brains Business Overview
11.8.3 Hidden Brains IoT Application Development Services Introduction
11.8.4 Hidden Brains Revenue in IoT Application Development Services Business (2019-2024)
11.8.5 Hidden Brains Recent Development
11.9 Intellias
11.9.1 Intellias Company Detail
11.9.2 Intellias Business Overview
11.9.3 Intellias IoT Application Development Services Introduction
11.9.4 Intellias Revenue in IoT Application Development Services Business (2019-2024)
11.9.5 Intellias Recent Development
11.10 MindInventory
11.10.1 MindInventory Company Detail
11.10.2 MindInventory Business Overview
11.10.3 MindInventory IoT Application Development Services Introduction
11.10.4 MindInventory Revenue in IoT Application Development Services Business (2019-2024)
11.10.5 MindInventory Recent Development
11.11 SoftwareHut
11.11.1 SoftwareHut Company Detail
11.11.2 SoftwareHut Business Overview
11.11.3 SoftwareHut IoT Application Development Services Introduction
11.11.4 SoftwareHut Revenue in IoT Application Development Services Business (2019-2024)
11.11.5 SoftwareHut Recent Development
11.12 iPraxa
11.12.1 iPraxa Company Detail
11.12.2 iPraxa Business Overview
11.12.3 iPraxa IoT Application Development Services Introduction
11.12.4 iPraxa Revenue in IoT Application Development Services Business (2019-2024)
11.12.5 iPraxa Recent Development
11.13 Finoit Technologies
11.13.1 Finoit Technologies Company Detail
11.13.2 Finoit Technologies Business Overview
11.13.3 Finoit Technologies IoT Application Development Services Introduction
11.13.4 Finoit Technologies Revenue in IoT Application Development Services Business (2019-2024)
11.13.5 Finoit Technologies Recent Development
11.14 Cumulations
11.14.1 Cumulations Company Detail
11.14.2 Cumulations Business Overview
11.14.3 Cumulations IoT Application Development Services Introduction
11.14.4 Cumulations Revenue in IoT Application Development Services Business (2019-2024)
11.14.5 Cumulations Recent Development
11.15 Intuz
11.15.1 Intuz Company Detail
11.15.2 Intuz Business Overview
11.15.3 Intuz IoT Application Development Services Introduction
11.15.4 Intuz Revenue in IoT Application Development Services Business (2019-2024)
11.15.5 Intuz Recent Development
11.16 Cuelogic
11.16.1 Cuelogic Company Detail
11.16.2 Cuelogic Business Overview
11.16.3 Cuelogic IoT Application Development Services Introduction
11.16.4 Cuelogic Revenue in IoT Application Development Services Business (2019-2024)
11.16.5 Cuelogic Recent Development
11.17 Mobiloitte
11.17.1 Mobiloitte Company Detail
11.17.2 Mobiloitte Business Overview
11.17.3 Mobiloitte IoT Application Development Services Introduction
11.17.4 Mobiloitte Revenue in IoT Application Development Services Business (2019-2024)
11.17.5 Mobiloitte Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Digiteum
ScienceSoft
Belitsoft
Velvetech
Peerbits
CONTUS
Geneca
Hidden Brains
Intellias
MindInventory
SoftwareHut
iPraxa
Finoit Technologies
Cumulations
Intuz
Cuelogic
Mobiloitte
Ìý
Ìý
*If Applicable.
