Iran IoT Market Forecast 2026

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

Scope of Report Product of Interest (POI): IoT 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 COMPONENT REGION Year Range • B2B • Hardware • Tehran • B2C • Software • Mashhad • B2G • Services • Esfahan Review Period • Tabriz 2016 – 2019 • Kermanshah Base Year PLATFORM APPLICATION 2020 • Network Management • Smart Manufacturing Estimated Year • Application Management • Consumer Electronics 2021 • Device Management • Building & Home Automation • Smart Mobility & Transportation Forecast Period • Connected Logistics 2022 – 2026 • Others 2

Table of Contents 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) 3

Table of Contents 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 4

Table of Contents 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 5

Table of Contents 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 6

RESEARCH METHODOLOGY

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

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 outlook of various segments of this market, while considering the major influencing factors such as IoT. The study includes market forecasting, which wouldenableourclientstotakebetter decisionswhileplanningtheir strategy to achieve sustainabilityin Iran IoT market. Methodology Followed forCalculation of Market Size: • MarketSize byValue & 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 companies, channel partners, end users, industry 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 stakeholders in Iran IoT market to obtain the overall market size from 2016-2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at 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 platform, by each region and by company. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. • component 9

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

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 shouldbenotedthatthefigures compiledareonlyfor the organized marketincluding market sharedata. Partial List of Companies Interviewed Key Secondary Sources ▪ SoluLab ▪ World Bank ▪ SaMSolutions ▪ TechSci Research Proprietary Database & Knowledge ▪ Biz4Group LLC Repository ▪ Mobiloitte Inc ▪ Company Annual Reports ▪ The Iranian Modern Technology and Management ▪ Industry Magazines Company ▪ Industry Reports ▪ Peerbits ▪ News Dailies ▪ KonstantInfosolutions ▪ Credible Paid Databases ▪ Fujitsu Global ▪ Kian Iranian Smart Technologies Development Group ▪ AKO Smart Technologies 11

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. 12

Sample Data -Snapshot Iran IoT Market Size, By Value (USD Million) & By Volume (Connected Devices), 2016–2026F .00 3.00 4.00 15.00 .000 11.00 12 1 1 110.00 .00 8.00 9.00 1 80.00 90.00 100.00 .005 6.00 7 50.00 60.00 70.00 20.00 30.00 40.00 10.00 2016 CAGR BY VALUE: XX% 2020 2021E CAGR BY VALUE: XX% 2026F CAGR BY VOLUME: XX% By Value (USD Million) CAGR BY VOLUME: XX% By Volume (Connected Devices) Iran IoT Market Share, By Component, By Value, 2016– Iran IoT Market Share, By Type, By Value, 2016–2026F 2026F B2B B2C B2G Hardware Software Services 2026F 33% 33% 34% 2026F 33% 33% 34% 2025F 33% 33% 34% 2025F 33% 33% 34% 2024F 33% 33% 34% 2024F 33% 33% 34% 2023F 33% 33% 34% 2023F 33% 33% 34% 2022F 33% 33% 34% 2022F 33% 33% 34% 2021E 33% 33% 34% 2021E 33% 33% 34% 2020 33% 33% 34% 2020 33% 33% 34% 2019 33% 33% 34% 2019 33% 33% 34% 2018 33% 33% 34% 2018 33% 33% 34% 2017 33% 33% 34% 2017 33% 33% 34% 2016 33% 33% 34% 2016 33% 33% 34% Iran IoT Market Share, By Region, By Value, 2016–2026F Tehran Mashhad Esfahan Tabriz Kermanshah 2026F 20% 20% 20% 20% 20% 2024F 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 2022F 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 2020 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 2018 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 2016 20% 20% 20% 20% 20% 13

Report Ordering Report Name: IRAN IOT MARKET FORECAST & OPPORTUNITIES 2016 – 2026 License Type Price Single User License $3500 Multi-User License $4500 Custom Research License $7500 To View Sample OR Purchase Report 14

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