Global IoT SaaS Industry

Global IoT SaaS Industry Research & Trends Analysis Report

Global IoT SaaS Industry

Global IoT SaaS Industry Research & Trends Analysis Report

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According to Latest Study, the global market for IoT SaaS should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.

China IoT SaaS market should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.

The United States IoT SaaS market should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.

In terms of type, Private Cloud Architecture segment holds a share about % in 2024 and will reach % in 2030; while in terms of application, Industrial has a share approximately % in 2023 and will grow at a CAGR % during 2024 and 2030.

The global key manufacturers of IoT SaaS include Pelion, Losant, Friendly Technologies, Software AG, Blynk, Particle, ThingBoard, Golioth and Tantiv4, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.

This report aims to provide a comprehensive study of the global market for IoT SaaS. Report Highlights:

(1) Global IoT SaaS market size (value), history data from 2019-2023 and forecast data from 2024 to 2030.

(2) Global IoT SaaS market competitive situation, revenue and market share, from 2019 to 2023.

(3) China IoT SaaS market competitive situation, revenue and market share, from 2019 to 2023.

(4) Global IoT SaaS segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global IoT SaaS segment by type and by application and regional segment by type and by application.

(6) IoT SaaS industry supply chain, upstream, midstream and downstream analysis.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by type, covers

Private Cloud Architecture

Public Cloud Architecture

Market segment by application, can be divided into

Industrial

Commercial

Others

Market segment by players, this report covers

Pelion

Losant

Friendly Technologies

Software AG

Blynk

Particle

ThingBoard

Golioth

Tantiv4

HyperNym

Blackhawk

IoTree

tencent

Mesozoic

tuya

1 Market Overview

1.1 Product Overview and Scope of IoT SaaS

1.2 Global IoT SaaS Market Size and Forecast

1.3 China IoT SaaS Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China IoT SaaS Share in Global Market, 2019-2030

1.4.2 IoT SaaS Market Size: China VS Global, 2019-2030

1.5 IoT SaaS Market Dynamics

1.5.1 IoT SaaS Market Drivers

1.5.2 IoT SaaS Market Restraints

1.5.3 IoT SaaS Industry Trends

1.5.4 IoT SaaS Industry Policy

2 Global Competitive Situation by Company

2.1 Global IoT SaaS Revenue by Company (2019-2024)

2.2 Global IoT SaaS Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global IoT SaaS Concentration Ratio

2.4 Global IoT SaaS Mergers & Acquisitions, Expansion Plans

2.5 Global IoT SaaS Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China IoT SaaS Revenue by Company (2019-2024)

3.2 China IoT SaaS IoT SaaS Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China IoT SaaS, Revenue Percentage of Local Players VS Foreign Manufacturers (2019-2024)

4 Industry Chain Analysis

4.1 IoT SaaS Industry Chain

4.2 IoT SaaS Upstream Analysis

4.3 IoT SaaS Midstream Analysis

4.4 IoT SaaS Downstream Analysis

5 Sights by Type

5.1 IoT SaaS Classification

5.1.1 Private Cloud Architecture

5.1.2 Public Cloud Architecture

5.2 By Type, Global IoT SaaS Market Size & CAGR, 2019 VS 2024 VS 2030

5.3 By Type, Global IoT SaaS Revenue, 2019-2030

6 Sights by Application

6.1 IoT SaaS Segment by Application

6.1.1 Industrial

6.1.2 Commercial

6.1.3 Others

6.2 By Application, Global IoT SaaS Market Size & CAGR, 2019 VS 2024 VS 2030

6.3 By Application, Global IoT SaaS Revenue, 2019-2030

7 Sales Sights by Region

7.1 By Region, Global IoT SaaS Market Size, 2019 VS 2024 VS 2030

7.2 By Region, Global IoT SaaS Market Size, 2019-2030

7.3 North America

7.3.1 North America IoT SaaS Market Size & Forecasts, 2019-2030

7.3.2 By Country, North America IoT SaaS Market Size Market Share

7.4 Europe

7.4.1 Europe IoT SaaS Market Size & Forecasts, 2019-2030

7.4.2 By Country, Europe IoT SaaS Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific IoT SaaS Market Size & Forecasts, 2019-2030

7.5.2 By Country/Region, Asia Pacific IoT SaaS Market Size Market Share

7.6 South America

7.6.1 South America IoT SaaS Market Size & Forecasts, 2019-2030

7.6.2 By Country, South America IoT SaaS Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global IoT SaaS Market Size & CAGR，2019 VS 2024 VS 2030

8.2 By Country, Global IoT SaaS Market Size, 2019-2030

8.3 U.S.

8.3.1 U.S. IoT SaaS Market Size, 2019-2030

8.3.2 By Company, U.S. IoT SaaS Revenue Market Share, 2019-2024

8.3.3 By Type, U.S. IoT SaaS Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. IoT SaaS Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe IoT SaaS Market Size, 2019-2030

8.4.2 By Company, Europe IoT SaaS Revenue Market Share, 2019-2024

8.4.3 By Type, Europe IoT SaaS Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe IoT SaaS Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China IoT SaaS Market Size, 2019-2030

8.5.2 By Company, China IoT SaaS Revenue Market Share, 2019-2024

8.5.3 By Type, China IoT SaaS Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China IoT SaaS Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan IoT SaaS Market Size, 2019-2030

8.6.2 By Company, Japan IoT SaaS Revenue Market Share, 2019-2024

8.6.3 By Type, Japan IoT SaaS Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan IoT SaaS Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea IoT SaaS Market Size, 2019-2030

8.7.2 By Company, South Korea IoT SaaS Revenue Market Share, 2019-2024

8.7.3 By Type, South Korea IoT SaaS Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea IoT SaaS Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia IoT SaaS Market Size, 2019-2030

8.8.2 By Company, Southeast Asia IoT SaaS Revenue Market Share, 2019-2024

8.8.3 By Type, Southeast Asia IoT SaaS Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia IoT SaaS Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India IoT SaaS Market Size, 2019-2030

8.9.2 By Company, India IoT SaaS Revenue Market Share, 2019-2024

8.9.3 By Type, India IoT SaaS Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India IoT SaaS Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia IoT SaaS Market Size, 2019-2030

8.10.2 By Company, Middle East & Asia IoT SaaS Revenue Market Share, 2019-2024

8.10.3 By Type, Middle East & Asia IoT SaaS Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia IoT SaaS Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 Pelion

9.1.1 Pelion Company Information, Head Office, Market Area and Industry Position

9.1.2 Pelion Company Profile and Main Business

9.1.3 Pelion IoT SaaS Models, Specifications and Application

9.1.4 Pelion IoT SaaS Revenue and Gross Margin, 2019-2024

9.1.5 Pelion Recent Developments

9.2 Losant

9.2.1 Losant Company Information, Head Office, Market Area and Industry Position

9.2.2 Losant Company Profile and Main Business

9.2.3 Losant IoT SaaS Models, Specifications and Application

9.2.4 Losant IoT SaaS Revenue and Gross Margin, 2019-2024

9.2.5 Losant Recent Developments

9.3 Friendly Technologies

9.3.1 Friendly Technologies Company Information, Head Office, Market Area and Industry Position

9.3.2 Friendly Technologies Company Profile and Main Business

9.3.3 Friendly Technologies IoT SaaS Models, Specifications and Application

9.3.4 Friendly Technologies IoT SaaS Revenue and Gross Margin, 2019-2024

9.3.5 Friendly Technologies Recent Developments

9.4 Software AG

9.4.1 Software AG Company Information, Head Office, Market Area and Industry Position

9.4.2 Software AG Company Profile and Main Business

9.4.3 Software AG IoT SaaS Models, Specifications and Application

9.4.4 Software AG IoT SaaS Revenue and Gross Margin, 2019-2024

9.4.5 Software AG Recent Developments

9.5 Blynk

9.5.1 Blynk Company Information, Head Office, Market Area and Industry Position

9.5.2 Blynk Company Profile and Main Business

9.5.3 Blynk IoT SaaS Models, Specifications and Application

9.5.4 Blynk IoT SaaS Revenue and Gross Margin, 2019-2024

9.5.5 Blynk Recent Developments

9.6 Particle

9.6.1 Particle Company Information, Head Office, Market Area and Industry Position

9.6.2 Particle Company Profile and Main Business

9.6.3 Particle IoT SaaS Models, Specifications and Application

9.6.4 Particle IoT SaaS Revenue and Gross Margin, 2019-2024

9.6.5 Particle Recent Developments

9.7 ThingBoard

9.7.1 ThingBoard Company Information, Head Office, Market Area and Industry Position

9.7.2 ThingBoard Company Profile and Main Business

9.7.3 ThingBoard IoT SaaS Models, Specifications and Application

9.7.4 ThingBoard IoT SaaS Revenue and Gross Margin, 2019-2024

9.7.5 ThingBoard Recent Developments

9.8 Golioth

9.8.1 Golioth Company Information, Head Office, Market Area and Industry Position

9.8.2 Golioth Company Profile and Main Business

9.8.3 Golioth IoT SaaS Models, Specifications and Application

9.8.4 Golioth IoT SaaS Revenue and Gross Margin, 2019-2024

9.8.5 Golioth Recent Developments

9.9 Tantiv4

9.9.1 Tantiv4 Company Information, Head Office, Market Area and Industry Position

9.9.2 Tantiv4 Company Profile and Main Business

9.9.3 Tantiv4 IoT SaaS Models, Specifications and Application

9.9.4 Tantiv4 IoT SaaS Revenue and Gross Margin, 2019-2024

9.9.5 Tantiv4 Recent Developments

9.10 HyperNym

9.10.1 HyperNym Company Information, Head Office, Market Area and Industry Position

9.10.2 HyperNym Company Profile and Main Business

9.10.3 HyperNym IoT SaaS Models, Specifications and Application

9.10.4 HyperNym IoT SaaS Revenue and Gross Margin, 2019-2024

9.10.5 HyperNym Recent Developments

9.11 Blackhawk

9.11.1 Blackhawk Company Information, Head Office, Market Area and Industry Position

9.11.2 Blackhawk Company Profile and Main Business

9.11.3 Blackhawk IoT SaaS Models, Specifications and Application

9.11.4 Blackhawk IoT SaaS Revenue and Gross Margin, 2019-2024

9.11.5 Blackhawk Recent Developments

9.12 IoTree

9.12.1 IoTree Company Information, Head Office, Market Area and Industry Position

9.12.2 IoTree Company Profile and Main Business

9.12.3 IoTree IoT SaaS Models, Specifications and Application

9.12.4 IoTree IoT SaaS Revenue and Gross Margin, 2019-2024

9.12.5 IoTree Recent Developments

9.13 tencent

9.13.1 tencent Company Information, Head Office, Market Area and Industry Position

9.13.2 tencent Company Profile and Main Business

9.13.3 tencent IoT SaaS Models, Specifications and Application

9.13.4 tencent IoT SaaS Revenue and Gross Margin, 2019-2024

9.13.5 tencent Recent Developments

9.14 Mesozoic

9.14.1 Mesozoic Company Information, Head Office, Market Area and Industry Position

9.14.2 Mesozoic Company Profile and Main Business

9.14.3 Mesozoic IoT SaaS Models, Specifications and Application

9.14.4 Mesozoic IoT SaaS Revenue and Gross Margin, 2019-2024

9.14.5 Mesozoic Recent Developments

9.15 tuya

9.15.1 tuya Company Information, Head Office, Market Area and Industry Position

9.15.2 tuya Company Profile and Main Business

9.15.3 tuya IoT SaaS Models, Specifications and Application

9.15.4 tuya IoT SaaS Revenue and Gross Margin, 2019-2024

9.15.5 tuya Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
IoT SaaS Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the IoT SaaS Market trending toward high growth trajectories?
A dynamic process in the IoT SaaS Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like AWS, Microsoft Azure, Google Cloud, IBM, Oracle, Cisco, etc..
How are players chosen for the research coverage of the IoT SaaS Market study?
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
What important business segments are segregated by application types in the latest edition of the IoT SaaS Market?
The key business segments in the IoT SaaS Market are segregated by applications [Industrial IoT, Smart Cities, Healthcare, Logistics] and types [Device Management, Security, Analytics, Monitoring].
What is the expected rate of growth in the IoT SaaS Market?
From 2025 to 2030, the IoT SaaS Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.
What is really changing the IoT SaaS Market behavior?
Consumer behavior changes will reshape the entire decision-making process and companies in the IoT SaaS Industry will need to adapt quickly.
How is the IoT SaaS Market's changing dynamics captured?
The IoT SaaS analysis provides high-level qualitative commentary on market dynamics, including information on growth drivers, influential trends, challenges, and opportunities.