Iran IOT Market is expected to grow with a steady CAGR for the forecast period, 2022-2026. The growing adoption of cloud technology and the launch of policies promoting digitization in the country is expected to drive the demand of the Iran IoT market. https://bit.ly/3HzQNaY

1. MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
2016 – 2026
IRAN IOT MARKET
FORECAST & OPPORTUNITIES

2. 2
Scope of Report
Product of Interest (POI): IoT
Review Period
2016 – 2019
Base Year
2020
Estimated Year
2021
Forecast Period
2022 – 2026
Year Range
Internet of Things (IoT) can be defined as an ecosystem which is a
connected network of embedded devices comprising devices/things,
connectivity and services that communicate without human
intervention, using standard and interoperable communication
protocols.
Market Segmentation
TYPE
• B2B
• B2C
• B2G
COMPONENT
• Hardware
• Software
• Services
APPLICATION
• Smart Manufacturing
• Consumer Electronics
• Building & Home Automation
• Smart Mobility & Transportation
• Connected Logistics
• Others
REGION
• Tehran
• Mashhad
• Esfahan
• Tabriz
• Kermanshah
PLATFORM
• Network Management
• Application Management
• Device Management

3. 3
Ta b l e o f C o n t e n t s
S. No. Contents Page No.
1. Product Overview (Definition of Product Type and major terminologies used in the report)
2. Research Methodology (Detailed description of the methodology used to conduct the research,
Raw data backup, list of all secondary sources, List of respondents for primary surveys)
3. Impact of COVID-19 on Iran IoT Market
4. Executive Summary (This chapter covers summary of the complete study.)
5. Voice of Customer
5.1. IoT Adoption Readiness
5.2. Location of Processing IoT Data
5.3. Key Reasons for Adopting IoT
5.4. Satisfaction Levels Based on Various Parameters
5.5. Key IoT related Challenges Faced
6. Iran IoT Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of
interest market such as total market’s growth rate, expected growth rate, key growth levers,
leading region, top grossing product types, etc. It includes more of a qualitative information
about the market.)
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Component (Hardware, Service, Software)
6.2.3. By Type (B2B, B2C, B2G)
6.2.4. By Application (Smart Manufacturing, Consumer Electronics, Building &
Home Automation, Smart Mobility & Transportation, Connected Logistics,
Others)
6.2.5. By Platform (Network Management, Application Management and Device
Management)

4. 4
S. No. Contents Page No.
6.2.6. By Region
6.3. Product Market Mapping
7. Iran IoT Hardware Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type (Device & Gateways)
7.2.2. By Application
7.2.3 By Platform
8. Iran IoT Software Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (Real Time Streaming Analytics, Security, Data Management,
Remote Monitoring, and Network Bandwidth Management)
8.2.2. By Application
8.2.3. By Platform
4
Ta b l e o f C o n t e n t s

5. 5
S. No. Contents Page No.
9. Iran IoT Services Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type (Professional Services & Managed Services)
9.2.2. By Application
9.2.3 By Platform
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends and Developments
12. Policy & Regulatory Landscape
13. Iran Economic Profile
14. Competitive Landscape
14.1. Competition Benchmarking
14.2. Company Profiles
5
Ta b l e o f C o n t e n t s

6. 6
S. No. Contents Page No.
14.2.1. Company Details
14.2.2. Products & Services
14.2.3. Financials (As Reported)
14.2.4. Key Market Focus & Geographical Presence
14.2.5. Recent Developments
14.2.6. Key Management Personnel
15. Strategic Recommendations
16. About Us & Disclaimer
6
Ta b l e o f C o n t e n t s

7. RESEARCH
METHODOLOGY

8. 8
Research Methodology
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the Iran IoT market, overall
market size and segmental
market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the Iran IoT Market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
 Recent Developments
 Market Changing
Aspects/Dynamics
 Government Policies
 Final Conclusion
 Market Participants
 Key Strengths
 LinkedIn
 TechSci Internal
Database
 Factiva
 Hoovers
Paid Sources
 Company Website
 Company Annual
Reports
 White Paper Study
 Financial Reports
 Investor
Presentations
 Regulatory Body
 Associations, etc.
Secondary
Research
Primary Research

9. 9
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of Iran IoT market. The team has analyzed the
considering the major influencing factors such as IoT. The study includes market forecasting, which would enable our clients to take
achieve sustainability in Iran IoT market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2020 was calculated based on information
collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as IoT
experts, and other industry participants.
• The team interviewed more than 40 – 50 IoT companies, 180 – 200 end users, and 15 – 20 Industry experts and other value chain
overall market size from 2016-2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the
market size data from 2016-2020.
• Respondents were asked about the current and future market growth rates, market shares by component, by type, by application, by
Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various
final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.
• component

10. 10
Research Methodology
Methodology Followed for Calculation of Market Shares:
• Market shares by component, by type, by application, by platform, by each region and by company were calculated based on the
industry experts, in which the respondents were asked about the market shares or revenue generated from various platform of IoT.
geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Iran
forecast techniques such as:
 Moving Average
 Time Series Analysis
 Regression Analysis
 Econometric and Judgmental Analysis

11. 11
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during
short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market
including market share data.
Partial List of Companies Interviewed Key Secondary Sources
 SoluLab
 SaM Solutions
 Biz4Group LLC
 Mobiloitte Inc
 The Iranian Modern Technology and Management Company
 Peerbits
 Konstant Infosolutions
 Fujitsu Global
 Kian Iranian Smart Technologies Development Group
 AKO Smart Technologies
 World Bank
 TechSci Research Proprietary Database & Knowledge Repository
 Company Annual Reports
 Industry Magazines
 Industry Reports
 News Dailies
 Credible Paid Databases

12. 12
Industry Brief
Reduction in cost of connected devices and the emergence of advanced data analytics is expected to drive the demand for Iran IoT market in the forecast
period.
According to TechSci Research report, “Iran 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”, the Iran IoT market is expected to witness a growth of significant CAGR in the forecast period, 2022-2026. Smart devices use
internet technology to establish a connection between devices, people, and networks. Leading authorities are promoting the adoption of IoT in different industry
verticals to boost the country's economic status and enhance the convenience, comfort, and safety of its citizens. The government is also encouraging the use of
IoT technology in the agriculture sector to increase the profitability and productivity of the agricultural process. It aims to reduce the wastage of water, optimize
the use of basic resources, and for the implementation of smart farms in the country. Iran boasts of a large number of natural gas reserves, and it contributes
significantly to the country's economy. The use of IoT in the oil production process for real-time analysis and monitoring for the elimination of breakdowns,
increase in production, and the reduction of downtime and maintenance costs is influencing the market growth. Also, the growing consumer awareness about
the advantages of installing smart metering is fueling the market demand. Smart metering provides benefits like accurate bills, detailed feedback about energy
usage, and reduces the number of power cut-offs, attracting more customers. The use of IoT technology in the healthcare system to provide quality treatment to
patients and the rise in the demand for wearable devices for real-time health monitoring is expected to accelerate the demand for IoT services in the country.
However, the lack of external funding sources and the rise in privacy and security concerns may restrain the Iran IoT market growth for the forecast period.
Iran IoT Market is segmented into component, type, application, regional distribution, and company. Based on application, the market is divided into smart
manufacturing, consumer electronics, building & home automation, smart mobility & transportation, connected logistics, and others. The smart mobility &
transportation segment is expected to witness growth in the forecast period, 2022-2026. The growing occurrences of traffic congestion and the increased
preference for vehicle ownership are creating the demand for advanced methods. The increasing use of advanced technologies like cloud computing, computer
vision, location-based services, and wireless communication is expected to enhance mobility and transportation services. Based on type, the market is divided
into B2B, B2C, and B2G. The B2G segment is expected to hold a significant share of the Iran IoT market for the next five years. The rise in the number of
initiatives launched by the government authorities to facilitate enhanced experience to its citizens is fostering the demand for the B2G type. The development of
smart cities and the vast fund expenditure for research and development activities to introduce advanced technology, hardware, and software by the leading
authorities is attracting the IoT market players to invest in the respective fields to gain maximum profit.
SoluLab, SaM Solutions, Biz4Group LLC, Mobiloitte Inc, The Iranian Modern Technology and Management Company, Peerbits, Konstant Infosolutions, Fujitsu
Global, Kian Iranian Smart Technologies Development Group, AKO Smart Technologies are the leading players operating in Iran IoT market. Service providers
are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better
efficiency and durability, several IoT service providers are coming up with their technologically advanced offerings.
“Development of the smart cities in the country to boost the economy and ensure the well-being of citizens is expected to create lucrative opportunities for the
Iran IoT market growth. The national city program comprises cities like Shiraz, Qom, Kish Free Zone, Isfahan, Uremia, Tabriz, Tehran, and Mashhad to mitigate
urban problems such as traffic congestion, energy scarcity, air pollution is employing the need for smart methods. Smart cities use advanced technologies,
software, hardware for efficient communication between the smart devices, which in turn is anticipated to propel the Iran IoT market growth till 2026” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

13. 13
Sample Data - Snapshot
5.00
6.00
7.00
8.00
9.00
10.00
11.00
12.00
13.00
14.00
15.00
10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 100.00 110.00
2016 2020 2021E 2026F
By Value (USD Million)
By Volume (Connected
Devices)
Iran IoT Market Size, By Value (USD Million) & By Volume (Connected Devices), 2016–2026F
CAGR BY VALUE: XX%
CAGR BY VOLUME: XX%
CAGR BY VALUE: XX%
CAGR BY VOLUME: XX%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Hardware Software Services
Iran IoT Market Share, By Component, By Value, 2016–
2026F
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
B2B B2C B2G
Iran IoT Market Share, By Type, By Value, 2016–2026F
Iran IoT Market Share, By Region, By Value, 2016–2026F
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
2016
2018
2020
2022F
2024F
2026F
Tehran Mashhad Esfahan Tabriz Kermanshah

14. 14
Report Ordering
Report Name: IRAN IOT MARKET
FORECAST & OPPORTUNITIES
2016 – 2026
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15. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality
analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global
company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
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accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it
considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible
for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the
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