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2023
Internet of Things Overview
September 28, 2023
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A shifting landscape for IoT VC funding
Can the wave of AI hype reenergize the Internet of Things (IoT) market? Our Emerging Tech Research Overview on IoT lays out the vertical, analyzes its product segments, and examines potential growth areas for investors. In each of six segments, startups can bring cutting-edge communications protocols and advanced analytics to the physical world, while generative AI has the potential to accelerate growth in the space. Despite a shifting VC investment landscape, large market opportunities for startups remain.
Table of contents
A shifting landscape for IoT VC funding
Can the wave of AI hype reenergize the Internet of Things (IoT) market? Our Emerging Tech Research Overview on IoT lays out the vertical, analyzes its product segments, and examines potential growth areas for investors. In each of six segments, startups can bring cutting-edge communications protocols and advanced analytics to the physical world, while generative AI has the potential to accelerate growth in the space. Despite a shifting VC investment landscape, large market opportunities for startups remain.
Table of contents
| Vertical overview | 3 |
| IoT landscape | 4 |
| IoT VC ecosystem market map | 5 |
| VC activity | 7 |
| Segment overview | 11 |
| IoT hardware | 12 |
| Networking | 17 |
| Software | 21 |
| Industrial IoT | 25 |
| Connected buildings | 29 |
| Connected services | 34 |
| Appendix | 38 |