Cloud-Based Distribution Captures Three-Quarters of IoT Market

The global Internet of Things (IoT) market is experiencing explosive growth, projected to reach $1.055 trillion by 2026 and expand to $5.55 trillion by 2034, according to Fortune Business Insights. This significant expansion is anticipated to occur at an average annual growth rate of 23.1%.

Central to this growth is the cloud-based deployment model, which is expected to capture a dominant 78.38% of the market share by 2026. Key drivers fueling this demand include industrial automation and the ongoing digital transformation across various sectors. The availability of ready-made cloud infrastructure makes it a strategic choice for manufacturers looking to connect their devices to the internet.

“

The figures show that IoT is no longer a niche technology, but the backbone of the world economy. However, on the unseen side of this growth lies the infrastructure that connects every device to the cloud. As Iotmer, we undertake precisely this invisible layer, taking the manufacturer's burden and allowing them to focus on the product.

This burgeoning market presents a growing role for infrastructure providers. Kürşad Altan, co-founder of Iotmer, highlights that the figures demonstrate IoT's evolution from a niche technology to a cornerstone of the global economy. He emphasizes the critical, yet often unseen, infrastructure that connects every device to the cloud. Iotmer aims to manage this "invisible layer," alleviating the burden on manufacturers so they can concentrate on product development.

"Ready infrastructure reduces the manufacturer's time-to-market to weeks," Altan stated. Research from MarketsandMarkets indicates the global IoT platforms market was valued at $44.30 billion in 2025 and is expected to reach $65.29 billion by 2030, growing at 8.1% annually. In this competitive landscape, manufacturers increasingly favor ready-made platforms over building their own communication infrastructure from scratch, valuing the time and cost efficiencies of a "buy" over "build" approach. Altan notes that while global giants dominate, there is significant opportunity for players focusing on regional and industrial needs, where technology's performance under high-volume traffic is crucial.

“

Ready infrastructure reduces the manufacturer's time-to-market to weeks.