Egypt Internet of Things (IoT) Market By Component (Software, Hardware & Service), By Type (B2B, B2G, B2C), By Connectivity (LPWAN, Radio frequency Identification (RFID), Near Field Communication, Zigbee, Others), By End Use (Manufacturing, IT & Telecom, Automotive &Transportation, Consumer Electronics, Healthcare, Environmental Monitoring, & Others), By Region, Competition, Forecast & Opportunities, 2026

Egypt Internet of Things (IoT) market stood at USD471.11 million in 2020 and is projected to grow at a CAGR of 19.32% to reach USD1381.56 million by 2026 on account of increasing penetration of IoT in various applications like consumer electronics, building & home automation, connected logistics, with growing government initiatives and rise in demand for data analytics is further pushing its demand in the country. Moreover, rise in cloud platform adoption, development of wireless networking technologies like 5G is likely to propel Egypt Internet of Things (IoT) market during forecast period.

Egypt Internet of Things (IoT) market can be broadly segmented into component, type, connectivity, end use and region. In terms of component, the market can be categorized into software, hardware & service. Among this, software is expected to grow at the highest CAGR during the forecast period as IoT software is responsible for data collection, device integration, real-time analytics, and process extension within the IoT network. Based on type, the market can be segmented into B2B, B2G, and B2C. B2C is growing with the highest CAGR during forecast period due to rising number of Internet users and the adoption of smart devices. Moreover, rise in consumer preference for increased convenience and better lifestyle. Based on connectivity, the Egypt IoT Market is segmented into LPWAN, Radio frequency Identification (RFID), Near Field Communication, Zigbee. The Radio frequency Identification (RFID) is growing with highest CAGR as it is time and cost efficient and provides real-time traceability, identification and location data which is used in transportation as well as healthcare sector. Based on end use, the Egypt IoT market is segmented into Manufacturing, IT & Telecom, Automotive & Transportation, Consumer Electronics, Healthcare, Environmental Monitoring, & Others including Energy management, Infrastructure Management, Security, Smart cities, Smart Building, etc. The consumer electronics is growing with the highest CAGR during the forecast period as the rise of cloud computing along with the developments in IoT security as well as rise in customer adoption of new technologies will drive the market growth.

Major companies operating in the Egypt IoT market recorded high sale volumes in the 2020 and the trend is likely to continue during the forecast period as well. List of major players operating in the Egypt Internet of Things (IoT) market include Siemens AG, Amazon.com, Inc., International Business Machines Corporation, Cisco System INC., Microsoft Corporation, Oracle Systems Corporation. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product 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 in the market size of Egypt Internet of Things (IoT) market from 2016 to 2020.
• To estimate and forecast the market size of Egypt Internet of Things (IoT) market from 2021 to 2026 and growth rate until 2026.
• To classify and forecast Egypt Internet of Things (IoT) market based on component, type, connectivity, end use and regional distribution.
• To identify drivers and challenges for Egypt Internet of Things (IoT) market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Egypt Internet of Things (IoT) market.
• To identify and analyze the profile of leading players involved in Egypt Internet of Things (IoT) market.

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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 product offerings, distribution channels and presence of all major service providers across the globe.

TechSci Research calculated the market size of Egypt Internet of Things (IoT) market using a bottom-up approach, wherein data for various end use 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 software, services & hardware providers
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to IoT market
• Market research and consulting firms

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

Report Scope:

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

• Egypt Internet of Things (IoT) Market, By Component:
• Software (Real Time Streaming Analytics; Security, Data Management; Remote Monitoring, Network Bandwidth Management, Others)
• Hardware (Device, Gateways)
• Services (Professional, Managed)
• Egypt Internet of Things (IoT) Market, By Type:
• B2B
• B2G
• B2C
• Egypt Internet of Things (IoT) Market, By Connectivity:
• LPWAN
• Radio frequency Identification (RFID)
• Near Field Communication
• Zigbee
• Others
• Egypt Internet of Things (IoT) Market, By End Use:
• Manufacturing
• IT & Telecom
• Automotive & Transportation
•  Consumer Electronics
•  Healthcare
•  Environmental Monitoring
•  Others
• Electronics
• Others
• Egypt Internet of Things (IoT) Market, By Region:
• Cairo
• Alexandria
• Giza
• Al Qalyubia
• Port Said
• Suez
• Rest of Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Egypt Internet of Things (IoT) market. 

Available Customizations:

With the given market data, TechSci Research offers customizations according to the 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).