Abstract
Summary
The global IoT SaaS market size is projected to grow from US$ million in 2024 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.
United States market for IoT SaaS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for IoT SaaS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for IoT SaaS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key IoT SaaS players cover Pelion, Losant, Friendly Technologies, Software AG, Blynk, Particle, ThingBoard, Golioth and Tantiv4, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LPI (LP Information)' newest research report, the “IoT SaaS Industry Forecast” looks at past sales and reviews total world IoT SaaS sales in 2024, providing a comprehensive analysis by region and market sector of projected IoT SaaS sales for 2025 through 2031. With IoT SaaS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT SaaS industry.
This Insight Report provides a comprehensive analysis of the global IoT SaaS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IoT SaaS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT SaaS market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT SaaS and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IoT SaaS.
This report presents a comprehensive overview, market shares, and growth opportunities of IoT SaaS market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Private Cloud Architecture
Public Cloud Architecture
Segmentation by application
Industrial
Commercial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Pelion
Losant
Friendly Technologies
Software AG
Blynk
Particle
ThingBoard
Golioth
Tantiv4
HyperNym
Blackhawk
IoTree
tencent
Mesozoic
tuya
United States market for IoT SaaS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for IoT SaaS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for IoT SaaS is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key IoT SaaS players cover Pelion, Losant, Friendly Technologies, Software AG, Blynk, Particle, ThingBoard, Golioth and Tantiv4, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LPI (LP Information)' newest research report, the “IoT SaaS Industry Forecast” looks at past sales and reviews total world IoT SaaS sales in 2024, providing a comprehensive analysis by region and market sector of projected IoT SaaS sales for 2025 through 2031. With IoT SaaS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT SaaS industry.
This Insight Report provides a comprehensive analysis of the global IoT SaaS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IoT SaaS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT SaaS market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT SaaS and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IoT SaaS.
This report presents a comprehensive overview, market shares, and growth opportunities of IoT SaaS market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Private Cloud Architecture
Public Cloud Architecture
Segmentation by application
Industrial
Commercial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Pelion
Losant
Friendly Technologies
Software AG
Blynk
Particle
ThingBoard
Golioth
Tantiv4
HyperNym
Blackhawk
IoTree
tencent
Mesozoic
tuya
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global IoT SaaS Market Size 2020-2031
2.1.2 IoT SaaS Market Size CAGR by Region 2020 VS 2024 VS 2031
2.2 IoT SaaS Segment by Type
2.2.1 Private Cloud Architecture
2.2.2 Public Cloud Architecture
2.3 IoT SaaS Market Size by Type
2.3.1 IoT SaaS Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global IoT SaaS Market Size Market Share by Type (2020-2025)
2.4 IoT SaaS Segment by Application
2.4.1 Industrial
2.4.2 Commercial
2.4.3 Others
2.5 IoT SaaS Market Size by Application
2.5.1 IoT SaaS Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global IoT SaaS Market Size Market Share by Application (2020-2025)
3 IoT SaaS Market Size by Player
3.1 IoT SaaS Market Size Market Share by Players
3.1.1 Global IoT SaaS Revenue by Players (2020-2025)
3.1.2 Global IoT SaaS Revenue Market Share by Players (2020-2025)
3.2 Global IoT SaaS Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 IoT SaaS by Regions
4.1 IoT SaaS Market Size by Regions (2020-2025)
4.2 Americas IoT SaaS Market Size Growth (2020-2025)
4.3 APAC IoT SaaS Market Size Growth (2020-2025)
4.4 Europe IoT SaaS Market Size Growth (2020-2025)
4.5 Middle East & Africa IoT SaaS Market Size Growth (2020-2025)
5 Americas
5.1 Americas IoT SaaS Market Size by Country (2020-2025)
5.2 Americas IoT SaaS Market Size by Type (2020-2025)
5.3 Americas IoT SaaS Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC IoT SaaS Market Size by Region (2020-2025)
6.2 APAC IoT SaaS Market Size by Type (2020-2025)
6.3 APAC IoT SaaS Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe IoT SaaS by Country (2020-2025)
7.2 Europe IoT SaaS Market Size by Type (2020-2025)
7.3 Europe IoT SaaS Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa IoT SaaS by Region (2020-2025)
8.2 Middle East & Africa IoT SaaS Market Size by Type (2020-2025)
8.3 Middle East & Africa IoT SaaS Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global IoT SaaS Market Forecast
10.1 Global IoT SaaS Forecast by Regions (2026-2031)
10.1.1 Global IoT SaaS Forecast by Regions (2026-2031)
10.1.2 Americas IoT SaaS Forecast
10.1.3 APAC IoT SaaS Forecast
10.1.4 Europe IoT SaaS Forecast
10.1.5 Middle East & Africa IoT SaaS Forecast
10.2 Americas IoT SaaS Forecast by Country (2026-2031)
10.2.1 United States IoT SaaS Market Forecast
10.2.2 Canada IoT SaaS Market Forecast
10.2.3 Mexico IoT SaaS Market Forecast
10.2.4 Brazil IoT SaaS Market Forecast
10.3 APAC IoT SaaS Forecast by Region (2026-2031)
10.3.1 China IoT SaaS Market Forecast
10.3.2 Japan IoT SaaS Market Forecast
10.3.3 Korea IoT SaaS Market Forecast
10.3.4 Southeast Asia IoT SaaS Market Forecast
10.3.5 India IoT SaaS Market Forecast
10.3.6 Australia IoT SaaS Market Forecast
10.4 Europe IoT SaaS Forecast by Country (2026-2031)
10.4.1 Germany IoT SaaS Market Forecast
10.4.2 France IoT SaaS Market Forecast
10.4.3 UK IoT SaaS Market Forecast
10.4.4 Italy IoT SaaS Market Forecast
10.4.5 Russia IoT SaaS Market Forecast
10.5 Middle East & Africa IoT SaaS Forecast by Region (2026-2031)
10.5.1 Egypt IoT SaaS Market Forecast
10.5.2 South Africa IoT SaaS Market Forecast
10.5.3 Israel IoT SaaS Market Forecast
10.5.4 Turkey IoT SaaS Market Forecast
10.5.5 GCC Countries IoT SaaS Market Forecast
10.6 Global IoT SaaS Forecast by Type (2026-2031)
10.7 Global IoT SaaS Forecast by Application (2026-2031)
11 Key Players Analysis
11.1 Pelion
11.1.1 Pelion Company Information
11.1.2 Pelion IoT SaaS Product Offered
11.1.3 Pelion IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Pelion Main Business Overview
11.1.5 Pelion Latest Developments
11.2 Losant
11.2.1 Losant Company Information
11.2.2 Losant IoT SaaS Product Offered
11.2.3 Losant IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Losant Main Business Overview
11.2.5 Losant Latest Developments
11.3 Friendly Technologies
11.3.1 Friendly Technologies Company Information
11.3.2 Friendly Technologies IoT SaaS Product Offered
11.3.3 Friendly Technologies IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Friendly Technologies Main Business Overview
11.3.5 Friendly Technologies Latest Developments
11.4 Software AG
11.4.1 Software AG Company Information
11.4.2 Software AG IoT SaaS Product Offered
11.4.3 Software AG IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Software AG Main Business Overview
11.4.5 Software AG Latest Developments
11.5 Blynk
11.5.1 Blynk Company Information
11.5.2 Blynk IoT SaaS Product Offered
11.5.3 Blynk IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Blynk Main Business Overview
11.5.5 Blynk Latest Developments
11.6 Particle
11.6.1 Particle Company Information
11.6.2 Particle IoT SaaS Product Offered
11.6.3 Particle IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Particle Main Business Overview
11.6.5 Particle Latest Developments
11.7 ThingBoard
11.7.1 ThingBoard Company Information
11.7.2 ThingBoard IoT SaaS Product Offered
11.7.3 ThingBoard IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 ThingBoard Main Business Overview
11.7.5 ThingBoard Latest Developments
11.8 Golioth
11.8.1 Golioth Company Information
11.8.2 Golioth IoT SaaS Product Offered
11.8.3 Golioth IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Golioth Main Business Overview
11.8.5 Golioth Latest Developments
11.9 Tantiv4
11.9.1 Tantiv4 Company Information
11.9.2 Tantiv4 IoT SaaS Product Offered
11.9.3 Tantiv4 IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Tantiv4 Main Business Overview
11.9.5 Tantiv4 Latest Developments
11.10 HyperNym
11.10.1 HyperNym Company Information
11.10.2 HyperNym IoT SaaS Product Offered
11.10.3 HyperNym IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 HyperNym Main Business Overview
11.10.5 HyperNym Latest Developments
11.11 Blackhawk
11.11.1 Blackhawk Company Information
11.11.2 Blackhawk IoT SaaS Product Offered
11.11.3 Blackhawk IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Blackhawk Main Business Overview
11.11.5 Blackhawk Latest Developments
11.12 IoTree
11.12.1 IoTree Company Information
11.12.2 IoTree IoT SaaS Product Offered
11.12.3 IoTree IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 IoTree Main Business Overview
11.12.5 IoTree Latest Developments
11.13 tencent
11.13.1 tencent Company Information
11.13.2 tencent IoT SaaS Product Offered
11.13.3 tencent IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 tencent Main Business Overview
11.13.5 tencent Latest Developments
11.14 Mesozoic
11.14.1 Mesozoic Company Information
11.14.2 Mesozoic IoT SaaS Product Offered
11.14.3 Mesozoic IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Mesozoic Main Business Overview
11.14.5 Mesozoic Latest Developments
11.15 tuya
11.15.1 tuya Company Information
11.15.2 tuya IoT SaaS Product Offered
11.15.3 tuya IoT SaaS Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 tuya Main Business Overview
11.15.5 tuya Latest Developments
12 Research Findings and Conclusion