United States Internet of Things Market 2030

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United States Internet of Things (IoT) Market size was valued at USD 70.8 billion in 2022 which is expected to reach USD 218.09 billion in 2030 with a CAGR of 15.10% for the forecast period between 2023 and 2030.

The U.S. Internet of Things (IoT) market is entering a period of rapid expansion. Valued at USD 70.8 billion in 2022, the market is expected to grow to USD 218.09 billion by 2030, posting a robust CAGR of 15.10% from 2023 to 2030.

This surge is underpinned by the country’s advanced economic infrastructure, widespread digital adoption, and proactive government support. With the United States being the world’s largest economy, its growing internet penetration, smartphone usage, and deployment of high-speed networks form a solid foundation for IoT proliferation across sectors.

Click - https://www.marketsandata.com/industry-reports/united-states-internet-of-things-market

IoT’s Expanding Footprint Across U.S. Industries

IoT technologies are being deployed at scale across a wide array of industries to enhance operational efficiency, reduce costs, and elevate customer experiences. Key sectors include:

Healthcare: Remote monitoring, wearable devices, and connected medical equipment
Agriculture: Precision farming, irrigation management, and supply chain monitoring
Energy: Smart grids and intelligent energy distribution systems
Manufacturing: Predictive maintenance and process automation
Transportation: Connected vehicles and real-time traffic monitoring

Smart city initiatives are also gaining momentum, with networked sensors and devices powering smarter urban management systems, including traffic flow optimization, waste management, and public safety enhancements.

Enterprise IoT: Driving Data-Driven Decision-Making

A major driver of market growth is the increasing adoption of enterprise IoT solutions, particularly those that integrate with AI, machine learning (ML), and big data analytics. These technologies allow businesses to derive actionable insights from vast volumes of IoT-generated data.

Notable Development:

In July 2022, iotSymphony Inc. launched Ensemble, a cloud-based enterprise IoT platform that connects edge devices to core business systems such as ERP and CRM. The platform utilizes AI/ML, decision science, and workflow automation to orchestrate IoT data and drive business outcomes—all within a user-friendly interface.

Additionally, government incentives and regulatory encouragement for energy-efficient and connected technologies are expected to further stimulate enterprise IoT adoption.

Consumer IoT: Smart Homes on the Rise

On the consumer front, Americans are increasingly embracing smart home devices, including thermostats, speakers, security systems, and lighting. These devices, integrated into comprehensive smart ecosystems, allow users to monitor and manage their homes remotely through apps or voice assistants.

Regulatory Update:

In July 2023, the U.S. Cyber Trust Mark initiative was introduced to improve cybersecurity transparency for connected devices. Overseen by the Federal Communications Commission (FCC) and based on standards from NIST, the voluntary certification program helps consumers identify products that meet cybersecurity best practices—boosting trust and adoption.

Healthcare: A Key Growth Sector for IoT

The healthcare industry has become one of the most promising verticals for IoT applications in the U.S. From wearables to smart medical devices, IoT enhances:

Patient monitoring and early detection of health issues
Workflow efficiency in hospitals and clinics
Accuracy and reliability of medical equipment

Industry Highlight:

In January 2021, Palo Alto Networks unveiled an advanced IoT security solution tailored for the medical sector. Their ML-powered platform offers visibility and protection for healthcare-specific devices, enabling secure IoMT (Internet of Medical Things) operations and supporting both IT and clinical engineering teams.

Government Regulation: Building a Secure IoT Ecosystem

The U.S. federal government has taken steps to bolster IoT security and encourage responsible innovation. The IoT Cybersecurity Improvement Act, passed in December 2020, mandates minimum cybersecurity requirements for IoT devices used by the federal government.

Key mandates include:

Development of NIST-backed standards for identity management, software updates, and configuration protocols
Enhanced oversight of device procurement and cybersecurity compliance

Although a comprehensive national framework is still evolving, these foundational policies have increased the baseline for secure IoT development.

COVID-19 and Geopolitical Impacts

COVID-19:

The pandemic accelerated IoT adoption in some areas while stalling it in others:

Positive Impact: Increased demand for remote monitoring, smart home devices, and healthcare IoT solutions
Negative Impact: Investment slowdowns in sectors like hospitality and retail

Post-pandemic, the market has shown renewed strength, with a heightened focus on cybersecurity, data encryption, and device authentication.

Russia-Ukraine War:

The conflict disrupted global supply chains, leading to delays in IoT component availability and reducing investor confidence. The U.S. has since revisited trade policies, particularly for advanced IoT devices, to adapt to new geopolitical realities and safeguard its tech ecosystem.

Report Scope: 2023–2030

The report titled “United States Internet of Things Market Assessment, Opportunities, and Forecast, 2023–2030” by Markets and Data offers an in-depth view of the market’s evolution. It includes:

Market size and segment forecasts
Key growth drivers and challenges
Impact of global events (COVID-19, geopolitical tensions)
Regulatory landscape and innovation trends
Competitive profiling of leading industry players

This comprehensive resource is essential for tech vendors, policymakers, investors, and enterprises navigating the dynamic U.S. IoT ecosystem.