Global IoT In Consumer Electronics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Smart TV, Smart Phones, Wearable Devices, Kitchen Appliances, Laptops, Printers, Dishwashers and Others.

By Deployment;

On-Premise and On-Cloud.

By Connectivity;

NFC, Bluetooth, Wi-Fi, Z-Wave, Zigbee and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn426528211 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global IoT In Consumer Electronics Market (USD Million), 2021 - 2031

In the year 2024, the Global IoT In Consumer Electronics Market was valued at USD 61,238.44 million. The size of this market is expected to increase to USD 188,909.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 17.5%.

The Compound Annual Growth Rate (CAGR) for IoT in consumer electronics is propelled by the increasing integration of IoT in smart devices. Market growth in consumer electronics is further driven by the advancement of cloud computing, augmented utilization of smartphones and tablets for operating IoT devices, and enhancements in IoT security protocols. Moreover, the growing awareness for fitness and the rise in disposable income in developing economies are bolstering market expansion. Additionally, governmental initiatives promoting green buildings are contributing to market growth.

As businesses, households, and other establishments increasingly rely on the Internet for various purposes, the demand for IoT in consumer electronics is on the rise. Investments from companies specializing in consumer IoT are fostering the development of new IoT technologies, thus propelling market growth. Moreover, the surge in disposable income and increased awareness of IoT benefits are aiding the consumer electronics industry. Rising demand for convenience, enhanced lifestyle, stringent government regulations for IoT device security, and the growing need for remote home monitoring are driving market expansion.

Furthermore, the escalating demand for connected and wearable devices, along with the increasing utilization of IoT devices in automotive and wireless platforms, fuels the consumer IoT market. IoT devices in consumer electronics offer a plethora of wearables that serve personal healthcare purposes, efficiently monitoring vital signs like pulse rate, body temperature, and blood pressure, among others. These devices seamlessly connect to clients' smartphones, with data gathered in associated apps.

Consumer IoT also plays a vital role in ensuring the safety and well-being of pets, offering health and activity trackers, invisible fences, smart feeders, and real-time GPS trackers. These devices prevent pets from getting lost and provide insights into their health and fitness levels, enabling owners to schedule playtime, medication, and meals effectively. Additionally, consumer IoT aids in asset tracking, allowing users to attach trackers to critical assets prone to loss or theft, thus driving revenue in the IoT in Consumer Electronics market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Deployment
    3. Market Snapshot, By Connectivity
    4. Market Snapshot, By Region
  4. Global IoT In Consumer Electronics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased smartphone and device utilization
        2. Changing lifestyles
        3. Improved connectivity
      2. Restraints
        1. Security concerns
        2. Standardization issues
        3. High initial costs
      3. Opportunities
        1. Smart home applications
        2. Artificial intelligence (AI) integration
        3. Emerging markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global IoT In Consumer Electronics Market, By Product, 2021 - 2031 (USD Million)
      1. Smart TV
      2. Smart Phones
      3. Wearable Devices
      4. Kitchen Appliances
      5. Laptops
      6. Printers
      7. Dishwashers
      8. Others
    2. Global IoT In Consumer Electronics Market, By Deployment, 2021 - 2031 (USD Million)
      1. On-Premise
      2. On-Cloud
    3. Global IoT In Consumer Electronics Market, By Connectivity, 2021 - 2031 (USD Million)
      1. NFC
      2. Bluetooth
      3. Wi-Fi
      4. Z-Wave
      5. Zigbee
      6. Others
    4. Global IoT In Consumer Electronics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Intel Corporation (U.S.)
      2. IBM Corporation (U.S.)
      3. Gainspan (U.S.)
      4. Apple Inc. (U.S.)
      5. Particle.Io (U.S.)
      6. Qualcomm Technologies (U.S.)
  7. Analyst Views
  8. Future Outlook of the Market