IoT application development services market seen reaching $59.8 billion by 2030

The Business Research Company says the global market for IoT application development services will rise from $28.38 billion in 2025 to $59.8 billion by 2030, driven by industrial automation, connected devices, and real-time data needs. North America led in 2025, while Asia-Pacific is expected to grow fastest through the forecast period.

Why it matters: - The market is expanding as businesses connect more devices and demand faster data processing. - The forecast points to continued spending on software that links machines, sensors, and enterprise systems. - Industrial automation is becoming a bigger driver of demand for IoT development work.

What happened: - The Business Research Company released its "Application Development Services Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035." - The report says the IoT application development services market will grow from $28.38 billion in 2025 to $33.04 billion in 2026. - The report projects the market will reach $59.8 billion by 2030. - The company says the market will grow at a 16.4% CAGR from 2025 to 2026 and a 16.0% CAGR through 2030. - North America was the leading regional market in 2025. - Asia-Pacific is expected to post the fastest growth over the forecast period.

The details: - IoT application development services cover the design, construction, integration and maintenance of software that connects IoT devices and supports data exchange. - The services run across cloud, edge and mobile platforms. - The report ties early market growth to connected-device adoption, real-time monitoring, remote asset management, connected enterprise systems and greater operational data visibility. - Future demand is expected to come from scalable IoT development solutions, predictive insights, device integration, connected business processes and ongoing application support. - The report highlights real-time IoT platforms, edge-enabled solutions, scalable device connectivity, deeper integration with enterprise systems and stronger IoT interoperability as key trends. - Industrial automation is a major market catalyst because it uses control systems, robotics and information technologies to automate industrial machinery and processes. - IoT development services help connect machines, sensors and control units in real time. - That connectivity supports continuous monitoring, data-driven decision-making, predictive maintenance and more autonomous production workflows. - In November 2024, the International Federation of Robotics said robot density in the United States increased from 285 to 295 units per 10,000 employees between 2022 and 2023. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The company also released a free sample of the report and the full report online: free sample and full report.

Between the lines: - The growth forecast suggests IoT application software is moving from a niche technology need to core operational infrastructure. - The automation data reinforces that manufacturers and logistics operators are adding more connected systems, which tends to increase demand for integration and maintenance services. - The regional split points to a mature North American market and a faster-expanding Asia-Pacific opportunity.

What's next: - The report expects demand to keep rising as companies look for scalable, interoperable IoT systems. - Future spending is likely to follow industrial automation projects, predictive maintenance tools and enterprise integration work. - The Business Research Company says its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrix graphics, Excel dashboards, market hotspots infographics, key technologies and future trends, plus updated graphics and tables.

The bottom line: - IoT application development services are on track for sustained double-digit growth, with industrial automation and real-time connected operations driving the market higher.