Iran IoT Market - Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2027 | TechSci Research

Iran IoT market is expected to grow with a steady CAGR for the forecast period, 2023-2027. The growing adoption of cloud technology and the launch of policies promoting digitization in the country is expected to drive the demand of the Iran IoT market. The reduction in the cost of sensors and other hardware equipment required for the implementation of the internet of things technology is contributing to the market growth. 

The high penetration of internet services and the proliferation of smart devices in the country are influencing the demand of the Iran IoT market. The rise in the disposable income of the consumers is increasing the expenditure capacity of the consumer to buy electronic devices. Rapid urbanization and the improvement in the country's economic conditions are expected to propel the Iran IoT market. The launch of 'The Things Network of Tehran' by Iran's IoT research center, a global open crowdsourced network to boost the adoption of IoT technology in the country, is influencing the market demand. Leading authorities are also planning to launch a city portal to provide increased access to its residents by providing single access to all the smart applications. The development of the Shiraz Big Data Center to offer services such as smart governance and policies, smart economy, smart transportation, smart citizen to the citizens of the country is expected to create huge potential for the Iran IoT market growth

Iran IoT Market is segmented into component, type, application, regional distribution, and company. Based on component, the market is divided into hardware, service, and software. The software segment is expected to witness the fastest incremental growth in the next five years, 2023-2027. The rise in the concerns regarding cybersecurity and the increase in the occurrence of cyber threats, infrastructural threats, and privacy breaching is fueling the demand for the adoption of advanced security solutions. IoT security solutions include mobility and point-end solutions, content gateways, network and data center, access, and policy management security to the enterprise.

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The major players operating in the Iran IoT market are SoluLab, SaM Solutions, Biz4Group LLC, Mobiloitte Inc, The Iranian Modern Technology and Management Company, Peerbits, Konstant Infosolutions, Fujitsu Global, Kian Iranian Smart Technologies Development Group, AKO Smart Technologies, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze the historical growth of the market size of Iran IoT market from 2017 to 2020.
  • To estimate and forecast the market size of Iran IoT market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast Iran IoT market based on component, type, application, regional distribution, and company.
  • To identify dominant region or segment in the Iran IoT market.
  • To identify drivers and challenges for Iran IoT market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Iran IoT market.
  • To identify and analyze the profile of leading players operating in Iran IoT market.  
  • To identify key sustainable strategies adopted by market players in Iran IoT market.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Iran IoT market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

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Key Target Audience:

  • IoT service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers

·         Organizations, forums, and alliances related to IoT market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Component

·         Type

·         Application

Regional scope

Tehran; Mashhad; Esfahan; Tabriz; Kermanshah

Key companies profiled

SoluLab, SaM Solutions, Biz4Group LLC, Mobiloitte Inc, The Iranian Modern Technology and Management Company, Peerbits, Konstant Infosolutions, Fujitsu Global, Kian Iranian Smart Technologies Development Group, AKO Smart Technologies.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Iran IoT market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Iran IoT Market, By Component:

    • Hardware
    • Service
    • Software
  • Iran IoT Market, By Type:
    • B2B
    • B2C
    • B2G
  • Iran IoT Market, By Application:
    • Smart Manufacturing
    • Consumer Electronics
    • Building & Home Automation
    • Smart Mobility & Transportation
    • Connected Logistics
    • Others
  • Iran IoT Market, By Region:
    • Tehran
    • Mashhad
    • Esfahan
    • Tabriz
    • Kermanshah

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Iran IoT market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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