Global Internet of Things (IoT) Operating Systems Market Overview

According to Global Market Monitor, the global Internet of Things (IoT) Operating Systems market size is $2579.03 million in 2024 with a CAGR of 23.19% from 2024 to 2029.

The Internet of Things (IoT) operating system is a form of an embedded operating system that captures information from a device or object with the help of sensors, software, and other technologies that connect and deliver data with other devices or objects through the Internet. IoT systems have applications in various industries through their unique flexibility and ability that be suitable in any environment and enhance data collection, automation, and operations through smart devices, and powerful enabling technology.

Increasing popularity and developments in cloud computing and mobility technologies

Increasing popularity and developments in cloud computing and mobility technologies and increasing online data sharing are some key factors driving the global IoT operating system market and are expected to propel the market in the forecast years. Cloud computing offers a large storage volume, application, and data, which enhances the server processing capacity. Hence, it reduces the operational cost and infrastructural complexity for the enterprises, without investing heavily in support services and expensive hardware. With the increasing rate of portable device adoption, the demand for cloud computing and Bring Your Device (BYOD) is growing. The new generation of smartphones, tablets, wearable devices, and other portable devices is much lighter and more versatile and uses computing platforms, such as Android and iOS. Mobility is driven by cloud computing technologies, making mobile devices a vital business platform. To meet the need for agility, analytics, security, and data privacy for users, both cloud computing and mobile devices are mutually linked. Cloud computing provides a platform for users to easily develop apps and data storage, and it has also enhanced the use of mobile devices. Furthermore, cloud computing also manages the user’s mobility requirement by enabling data access using connected devices and computers running on any operating system.

Application Fields

By application, the largest market segment is the smart building and home automation segment, with a market share of 32.21% in 2024.

Smart buildings, which connect building operations through the Internet of Things (IoT), simplify tasks like controlling building temperature, security, and maintenance through mobile devices and computers. An IoT operating system in a commercial building could include monitoring of the HVAC infrastructure that uses real-time data and automation technologies to constantly measure and adjust the temperature for optimum energy efficiency and comfort. Meanwhile, cameras using AI could aid in crowd management to ensure public safety at events. Home automation, also often referred to as smart home technology, provides homeowners security, comfort, convenience, and energy efficiency by allowing them to control smart devices, often by a smart home app on their smartphone or other networked devices. A part of the Internet of Things (IoT), smart home systems and devices often operate together, sharing consumer usage data among themselves and automating actions based on the homeowners' preferences.