Egypt IoT Market By Component (Hardware, Service, Software), By Type (B2B, B2C, B2G), By Application (Smart Manufacturing, Consumer Electronics, Building & Home Automation, Smart Mobility & Transportation, Connected Logistics, Others), By Region, Competition Forecast & Opportunities, 2026

Egypt IoT market is expected to grow at a steady CAGR in the forecast period, 2022-2026. The rise in the initiatives by the leading authorities and the launch of schemes supporting the digital transformation of the country is driving the IoT market growth. Under the ICT 2030 strategy, the government bodies are making high-end investments for expanding the capacity and providing technical training to the individual. Collaborations between the market players to boost the internet of things market demand by building cloud infrastructure to ensure easy flow of operation are expected to influence the market growth. The adoption of internet of things technology for various applications helps in real-time analysis and monitoring by providing the insights to make smart decisions is expected to fuel the IoT market growth in the next five years. To accelerate the economic growth of the country and the growing adoption of digital technology in all prominent industry verticals including education, healthcare, and government services is expected to provide a huge potential growth for the IoT market is contributing significantly to the market growth. The development of the cloud infrastructure to facilitate the internet of things technology among the various industry verticals along with the reduction in the cost of the sensors is expected to boost the growth of the IoT market. The high demand from the prominent industry verticals including manufacturing, healthcare, consumer electronics, building automation is accelerating the demand for IoT technology in the region.

Egypt IoT Market is segmented into component, type, application, regional distribution, and company. Based on the component, the market can be divided into hardware, service, and software. The software segment is expected to witness growth for the forecast period, 2022-2026. The rise in the occurrence of cyber-attacks is influencing the company to adopt internet of things software services to ensure the maximum security is driving the demand of the segment. Development of the telecommunication infrastructure and the need to efficiently manage the network bandwidth is fueling the market growth. 

The major players operating in the Egypt IoT market are SaM Solutions, BrancoSoft Private Limited, MobiDev, E-Vision, Nilecode, SmartTech, Kenrys, Giza Systems, TrianglZ, Fujitsu Global, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

• To analyze the historical growth of the market size of Egypt IoT market from 2016 to 2019.
• To estimate and forecast the market size of Egypt IoT market from 2020 to 2026 and growth rate until 2026.
• To classify and forecast Egypt IoT market based on component, type, application, regional distribution, and company.
• To identify dominant region or segment in the Egypt IoT.
• To identify drivers and challenges for Egypt IoT.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Egypt IoT.
• To identify and analyze the profile of leading players operating in Egypt IoT.
• To identify key sustainable strategies adopted by market players in Egypt IoT market.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Egypt IoT market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• IoT service provider companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers

·         Organizations, forums, and alliances related to IoT market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Egypt IoT market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Egypt IoT Market, By Component:

• Hardware
• Service
• Software
• Egypt IoT Market, By Type:
• B2B
• B2C
• B2G
• Egypt IoT Market, By Application:
• Smart Manufacturing
• Consumer Electronics
• Building & Home Automation
• Smart Mobility & Transportation
• Connected Logistics
• Others
• Egypt IoT Market, By Region:
• Cairo
• Alexandria
• Giza
• Qalyubia
• Port Said
• Suez
• Rest of Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Egypt IoT market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).