Global IoT Automation and Control Systems Market Growth (Status and Outlook) 2025-2031

The global IoT Automation and Control Systems market size is predicted to grow from US$ 25480 million in 2025 to US$ 65670 million in 2031; it is expected to grow at a CAGR of 17.1% from 2025 to 2031.

An open-source IoT (Internet of Things) platform is a software framework that enables the development, deployment, and management of IoT devices and systems. These platforms provide tools, protocols, and services for connecting and integrating a wide variety of IoT devices (e.g., sensors, actuators, and smart devices) with back-end systems. What sets open-source IoT platforms apart is that their source code is publicly available and can be freely modified, extended, or customized, giving users full control over the software.

United States market for IoT Automation and Control Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for IoT Automation and Control Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for IoT Automation and Control Systems is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key IoT Automation and Control Systems players cover Siemens AG, Schneider Electric, Honeywell International, Rockwell Automation, Cisco Systems, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “IoT Automation and Control Systems Industry Forecast” looks at past sales and reviews total world IoT Automation and Control Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected IoT Automation and Control Systems sales for 2025 through 2031. With IoT Automation and Control Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT Automation and Control Systems industry.

This Insight Report provides a comprehensive analysis of the global IoT Automation and Control Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on IoT Automation and Control Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT Automation and Control Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT Automation and Control Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IoT Automation and Control Systems.

This report presents a comprehensive overview, market shares, and growth opportunities of IoT Automation and Control Systems market by product type, application, key players and key regions and countries.

Segmentation by Type:
Hardware
Software

Segmentation by Application:
Household
Agriculture
Industry
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens AG
Schneider Electric
Honeywell International
Rockwell Automation
Cisco Systems
GE Digital
IBM Corporation
Microsoft (Azure IoT)
Parker Hannifin
Bosch Rexroth

Please note: The report will take approximately 2 business days to prepare and deliver.