IoT Operating System Market is valued at 977.07 USD Million in 2022 and is expected to reach 4672.78 USD Million in 2028, growing at a CAGR of 29.80%.
The Internet of Things (IoT) is an operating system that captures information from devices or objects with the help of sensors, software, and other technologies that connect and distribute data to other devices or objects via the Internet. IoT systems have applications in various industries through their unique flexibility and capabilities that are suitable for any environment and enhance data collection, automation, and operations through smart devices and powerful enabling technologies. An Internet of Things (IoT) operating system is a type of embedded operating system that uses IoT devices to transfer data over the Internet. Data and information are collected and exchanged with smart devices consisting of electronic devices, sensors, and software. IoT operating systems improve work efficiency and quality with less human intervention and lower operating costs.
The COVID-19 pandemic has shown a positive impact on the growth of the global IoT operating system market. The COVID-19 pandemic could lead to increased digitization, automation, IoT, and AI in the automobile industry to improve resilience to future pandemics. IoT, AI, and digitalization will become very relevant going forward and will be adopted to define a new way of working. This lockdown offers an opportunity to adopt new trends, thus increasing opportunities for the global IoT operating system market in the future.
The global IoT operating system market is segmented on the organization size, component, operating system, application, region & country level. Based on organization size, the global IoT operating system market is segmented into SMEs and large enterprises. By component, the global IoT operating system market is segmented into deployment & integration service, client-side, server-side, professional service, maintenance & support. By operating system, the global IoT operating system market is segmented into green hills integrity, windows 10 IoT, WindRiver VxWorks, nucleus RTOS, embedded apple iOS, and OSX. By application, the global IoT operating system market is segmented into smart healthcare, smart building & home automation, capillary networks management, vehicle telematics, smart utilities, industrial manufacturing & automation.
The regions covered in the global IoT operating system market report is North America, Europe, Asia-Pacific, Latin America, and the rest of the World. Based on country level, the market of global IoT operating system is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, Southeast Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
On October 21st, 2021; Chinese home appliance maker Midea Group has launched the first version of its Internet of Things operating system, powered by Huawei's HarmonyOS, according to the company. Xiang Jiangxu, vice president and chief technology officer of Midea IoT, said the IoT operating system will help link smart home appliances made not only by Midea but also by other manufacturers, providing an all-new solution to the smart home appliance ecosystem.
On June 2nd, 2021; China's Huawei Technologies announced the launch of its proprietary Harmony operating system (HarmonyOS) for smartphones, as the troubled company looks to recover from US sanctions that have hampered its handset business. Huawei has started rolling out HarmonyOS on some models of its smartphones, giving users the opportunity to switch from the current operating system based on Google's Android platform.
On May 8th, 2018; Google announced the general release of Android Things (1.0), a managed operating system that enables users to build and maintain Internet of Things (IoT) devices at scale. Using the new operating system, developers can create smart and connected devices for multiple purposes such as consumer, retail, and industrial applications. They can use existing Android development tools, APIs, and resources to develop new apps for the devices.
One of the major factors in the growth of the IoT operating system market is the increasing demand for the healthcare sector. As the IoT space evolves, stakeholders in the current IoT operating system market are increasingly focused on tapping into opportunities in the healthcare sector. Overburdened global healthcare systems are looking for different ways to streamline processes. IoT healthcare applications such as telehealth consultation, remote patient monitoring, robot assistance, and growth in digital diagnostics during the Covid-19 pandemic are expected to provide significant business for market players operating in the IoT operating system market landscape. While demand in the healthcare sector is predicted to accelerate significantly due to the Covid-19 health crisis, adoption in other industrial sectors is likely to accelerate in a phased manner over the next few years. For instance, as per the news published, on January 12th, 2021; Zyter launched IoT solutions for smart hospitals. An end-to-end intelligent solution that connects a hospital's disparate data systems, departments, people, and the latest Internet of Things (IoT) technology devices to Zyter's robust digital communication and collaboration platform. Therefore, demand for the healthcare sector has driven the market.
In addition, the rising adoption of bringing own device (BYOD) is boosting the growth of the IoT operating system market. Bring own device (BYOD) is gaining popularity worldwide and companies are embracing the BYOD concept as it is a cost-effective option. Companies are optimizing their enterprise for this trend which is increasing the demand for IoT-friendly networks. Embedding IoT operating systems in devices can provide energy-efficient output, besides, sharing of data will also be seamless. For instance, as per the news published, on January 11th, 2022; SentryBay partnered with EUC software innovator stratodesk to deliver a shield against cyber threats for BYOD environments. Therefore, many partnerships in various BYOD promote the growth of the IoT operating system market
Moreover, the growing adoption of smart building and home automation is also supplementing the IoT operating system market growth. However, a lack of consistency in standards for connectivity and compatibility associated with IoT operating systems may hinder the growth of the global IoT operating system market. Despite that, extensive research, and development (R&D) activities may create more opportunities in the global IoT operating system market.
Geographically, North America is holding a major share in the global IoT operating system market within the forecast period due to the high population usage of smartphones, rise in internet usage and high engagement of enterprises in cloud computing, increasing number of smart homes, and growing technological advancement these factors boost the market. The high population usage of smartphones is driving the growth of the IoT operating system market. For instance, according to, the Cellular Telecommunications and Internet Association, the number of smartphone users in the United States is ~262 million in 2018 to ~298 million in 2021. Therefore, the increasing number of smartphone users and other personal IoT devices user resulted in the growth of the global IoT operating system market.
The Asia Pacific is the fastest-growing region in the global IoT operating system market due to the increasing number of smartphone users, rising disposable income, and growing demand for online products these factors boost the market. For instance, according to India Brand Equity Foundation, on September 16th, 2021; Smartphone shipments are projected to reach 173 million in 2021, an increase of 14% over 2020 figures. Hence, increasing smartphone user’s in Asian countries are contributing to enhancing the market growth.
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Report Analysis | Details |
---|---|
Historical data | 2018 - 2021 |
Forecast Period | 2022 - 2028 |
Market Size in 2022: | USD 977.07 Million |
Base year considered | 2021 |
Forecast Period CAGR %: | 29.80% |
Market Size Expected in 2028: | USD 4672.78 Million |
Tables, Charts & Figures: | 175 |
Pages | 300 |
IoT Operating System Companies | Apple Inc., ARM Ltd, Green Hills Software, Blackberry Limited, Mentor Graphics Corporation (Subsidiary Siemens), Canonical Ltd, Microsoft Corporation, Enea AB, eSol Co., Ltd., SYSGO AG, (Subsidiary Thales Group), Google Inc., Wind River, Silicon Labs, Kaspersky Lab, Microsoft Corporation (Washington, U.S.), and others. |
Segments Covered | By Organization size, By Component, By Operating System, By Application By End-User |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
By Organization size:
By Component:
By Operating System:
By Application:
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