US IoT Market To Reach $183.7 billion by 2035

Published: Mar 2026

US IoT market size is anticipated to reach $183.7 billion by 2035 and is projected to grow at a CAGR of 23.5% from 2025 to 2035, according to a new report by Orion Market Research. The US IoT market is characterized by advanced technological capabilities, a mature semiconductor ecosystem, and extensive high-speed connectivity infrastructure. The country continues to position itself as a global innovation leader in connected devices, smart manufacturing, industrial automation, healthcare IoT, and intelligent infrastructure, with solution providers emphasizing AI-driven analytics, edge computing frameworks, and 5G-enabled networks to address evolving enterprise and government requirements.

Browse the full report description of “US Internet of Things (IoT) Market Size, Share & Trends Analysis Report by Component (Hardware, Software, and Services) by Connectivity Technology (Cellular (4G/LTE, 5G), Wi-Fi, Bluetooth, Zigbee, LoRaWAN, NFC, Satellite Communication, and Ethernet) by Deployment Mode (On-Premise, and Cloud-Based), By Organization Size (Small and Medium-sized Enterprises (SMEs), and Large Enterprises) and by End User (BFSI, IT & Telecom, Manufacturing, Transportation, Healthcare, Retail, Energy& Utilities, Residential, Government & Defense, and Others) Forecast Period (2026-2035)” at https://www.omrglobal.com/industry-reports/us-iot-market

Regulatory oversight and digital governance are guided by agencies such as the Federal Communications Commission and the National Institute of Standards and Technology, which promote data protection standards, cybersecurity resilience, spectrum management, and interoperability frameworks. These regulatory priorities support the development of secure IoT ecosystems, standardized communication protocols, and scalable platforms capable of enabling cross-sector integration across manufacturing, transportation, utilities, healthcare, and smart city applications.

Sustained public and private investment in digital transformation and Industry 4.0 initiatives has reinforced the United States’ competitive standing within the global technology landscape. Significant capital allocation toward smart factories, autonomous systems, connected mobility, energy optimization, and defense-related IoT applications reflects strong collaboration between federal agencies, research institutions, and technology enterprises, alongside continuous R&D investment in semiconductors, sensors, cloud computing, and advanced data analytics solutions.

Innovation Leaders Transforming the US IoT Market

The key players in the US IoT market include Amazon.com, Inc., Apple Inc., Berkshire Hathaway Inc., UnitedHealth Group Inc., and Walmart Inc., among others. These companies are driving innovation in US IoT market through the development of advanced sensor technologies, AI-integrated analytics platforms, and 5G-enabled connectivity solutions, while emphasizing cybersecurity resilience, interoperability standards, and scalable cloud integration, thereby supporting evolving enterprise and consumer demand for smart manufacturing, connected infrastructure, energy efficiency, and intelligent lifestyle applications across the country.

  • In October 2025, AAT&T and Ericsson joined forces to unveil the AT&T IoT Marketplace, an advanced digital eCommerce platform designed to facilitate service innovation and monetization of IOT services at scale. It streamlines the processes of selling, contracting, provisioning, and billing within the Internet of Things (IoT) sector. The platform provides an efficient and seamless solution specifically designed for industries like transportation, manufacturing, and healthcare, supporting this growing area of AT&T’s business offering.

Market Coverage

  • The market number available for – 2025-2035
  • Base year- 2025
  • Forecast period- 2026-2035
  • Segment Covered-
    • By Component
    • By Connectivity Technology
    • By Deployment Mode
    • By Organization Size
    • By End User
  • Competitive Landscape - Amazon.com, Inc., Apple Inc., Berkshire Hathaway Inc., UnitedHealth Group Inc., and Walmart Inc., among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

US IoT Market Report Segment

By Component

  • Hardware
  • Software
  • Services

By Connectivity Technology

  • Cellular (4G/LTE, 5G)
  • Wi-Fi
  • Bluetooth
  • Zigbee
  • LoRaWAN
  • NFC
  • Satellite Communication
  • Ethernet

By Deployment Mode

  • On-Premise
  • Cloud-Based

By Organization Size

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By End-User

  • BFSI
  • IT & Telecom
  • Manufacturing
  • Transportation
  • Healthcare
  • Retail
  • Energy& Utilities
  • Residential
  • Government & Defense
  • Others

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/us-iot-market