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07.08.2025 - 18:06:09

IoT Automation and Control Systems Market Size to Grow USD 65040 Million by 2031 at a CAGR of 16.5% | Valuates Reports

was valued at US$ 3541 million in the year 2024 and is projected to reach a revised size of US$ 6968 million by 2031, growing at a CAGR of 10.3% during the forecast period.IoT Smart Pressure Sensors Market was valued at US$ 3541 million in the year 2024 and is projected to reach a revised size of US$ 6968 million by 2031, growing at a CAGR of 10.3% during the forecast period.Internet of Things in Retail Market IoT Process Automation Solutions Market IoT Industrial Factory Automation Solutions Market Factory Automation System Market was valued at US$ 156 million in the year 2024 and is projected to reach a revised size of US$ 215 million by 2031, growing at a CAGR of 4.8% during the forecast period.Factory Automation SCADA Market was valued at US$ 11200 million in the year 2024 and is projected to reach a revised size of US$ 18500 million by 2031, growing at a CAGR of 8.0% during the forecast period.IoT Communication Protocol Market was estimated to be worth US$ 16690 million and is forecast to reach approximately US$ 24000 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.AI in IoT market is projected to grow from US$ 4513.4 million in 2024 to US$ 10280 million by 2030, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period.

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