Structural Signal

Structural Signal

The Global IoT Data Markets

Intelligence on the Invisible Economy Inside the $1.35 Trillion IoT Ecosystem

Kevin Henderson
Mar 23, 2026
∙ Paid

Structural Signal Intelligence Report | March 2026

Published by Indenseo | structuralsignal.com

Executive Summary

The Internet of Things ecosystem deploys 21.1 billion connected devices inside a market valued at approximately $1.35 trillion, growing at 15% compound annual growth rate (Mordor Intelligence, November 2025). That is the infrastructure story. It matters because it tells the reader how much raw material exists and how fast it is growing. But the infrastructure number is not the market this report analyzes.

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