Africa Industrial IoT Market (2025-2031) | Industry, Share, Companies, Analysis, Size, Outlook, Trends, Revenue, Value, Forecast & Growth

Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Vertical (Manufacturing, Energy, Oil & Gas, Healthcare, Retail, Transportation, Metals & Mining, Agriculture), By Component (Hardware, Software, Services), By And Competitive Landscape

Product Code: ETC4603329 Publication Date: Jul 2023 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 300

Africa Industrial IoT Market Highlights

Report Name Africa Industrial IoT Market
Forecast period 2025-2031
CAGR 5.3%
Growing Sector Manufacturing and Energy

Topics Covered in the Africa Industrial IoT Market Report

Africa Industrial IoT Market report thoroughly covers the market By Countries, By Vertical, and By Component. The Market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Africa Industrial IoT Market Size and Analysis

The Africa Industrial IoT (Internet of Things) market is projected to experience significant growth from 2025 to 2031. In 2025, the market size is estimated to be approximately USD 8.2 billion. This growth is expected to continue at a robust CAGR of around 5.3%, reaching an estimated USD 14 billion by 2031. This expansion is driven by increasing adoption of IoT solutions across various industries, improvements in network infrastructure, and a growing focus on digital transformation across the continent. As businesses increasingly look to leverage IoT technologies for operational efficiency and enhanced productivity, the market is poised for dynamic growth over the forecast period.

Africa Industrial IoT Market Synopsis

Africa Industrial IoT Market is at a critical juncture, characterized by rapid technological advancements and a burgeoning appetite for digital solutions among various sectors. As businesses across the continent increasingly recognize the potential of IoT technologies to enhance operational efficiency and drive productivity, investment in IIoT infrastructure is gaining momentum. Key sectors, including manufacturing, agriculture, and energy, are leading the charge, leveraging IoT capabilities to streamline processes, reduce costs, and improve decision-making through data-driven insights. Additionally, government initiatives aimed at fostering innovation and creating a favorable environment for technology adoption further underscore the importance of IIoT in facilitating sustainable economic growth across Africa.

According to 6Wresearch, the Africa Industrial IoT Market size is expected to reach a CAGR of 5.3% during the forecast period of 2025-2031. The Africa Industrial IoT (IIoT) market growth is driven by a combination of factors including increased industrial automation, a growing emphasis on operational efficiency, and the need for real-time data analytics. The trend towards smart manufacturing and predictive maintenance is accelerating as companies seek to reduce costs and improve productivity. Additionally, the rise of mobile technology and access to affordable internet connectivity are expanding opportunities for IIoT implementations across various sectors.

However, the industry faces several challenges, including infrastructure limitations, regulatory hurdles, and concerns over data security, which could hinder widespread adoption. Nonetheless, the emergence of innovative technologies, such as edge computing and AI-driven analytics, presents new opportunities for stakeholders to optimize their operations and enhance decision-making processes, paving the way for a more connected and efficient industrial landscape in Africa.

Government Policies and Schemes Introduced in the Africa Industrial IoT Market

In recent years, several governments have recognized the importance of the Industrial Internet of Things (IIoT) as a catalyst for economic growth and diversification. Policies aimed at encouraging innovation and technological adoption have emerged across the continent, with initiatives focused on providing funding for research and development, promoting public-private partnerships, and establishing regulatory frameworks that foster a conducive environment for IoT deployment. For example, South Africa's Department of Telecommunications and Postal Services has rolled out strategies to enhance broadband access, which is crucial for IIoT applications, while Kenya has initiated the "Digital Economy Blueprint" to promote the integration of digital technologies in various sectors.

Key Players in the Africa Industrial IoT Market

The Africa Industrial IoT industry is characterized by a multitude of key players, spanning both local and international firms. Major technology companies such as IBM, Cisco, and Siemens have established a presence in the region, offering advanced IIoT solutions that cater to various industries, including manufacturing, agriculture, and energy. Additionally, homegrown companies like Liquid Telecom and Africastalking are playing significant roles by providing connectivity solutions and IoT platforms tailored to the specific needs of African businesses. These collaborations between international firms and local enterprises are driving innovation and helping to accelerate the adoption of IoT technologies across the continent.

Future Insights of Africa Industrial IoT Market

Africa Industrial IoT market is poised for substantial growth, driven by increasing investments in smart infrastructure, digital transformation, and the rising adoption of Industry 4.0 principles. The expansion of mobile network coverage and the rollout of 5G technology are expected to further enhance connectivity, enabling seamless data exchange and real-time monitoring in industrial operations. Moreover, the demand for sustainable solutions will likely accelerate the development of IoT applications that optimize resource management and promote energy efficiency. As companies seek to leverage data for improved decision-making and operational efficiency, the IIoT landscape in Africa will continue to evolve, presenting numerous opportunities for innovation and economic advancement.

Market Segmentation by Vertical

According to Ravi Bhandari, Research Head, 6Wresearch, the manufacturing and energy sectors are experiencing the most rapid growth. The manufacturing industry is leveraging IIoT technologies to enhance production efficiency, reduce downtime through predictive maintenance, and streamline supply chain operations.

Market Segmentation by Component

The hardware segment is expected to dominate the Africa Industrial IoT Market Share over the years. This is driven by the rising demand for smart sensors and devices that facilitate real-time data gathering and connectivity. Companies are investing heavily in advanced sensors, controllers, and gateways that play a pivotal role in enabling seamless communication between machinery and cloud-based platforms.

Key Attractiveness of the Report

  • 10 Years Market Numbers
  • Historical Data starting from 2021 to 2024
  • Base Year: 2024
  • Forecast Data until 2031
  • Key Performance Indicators Impacting the Market
  • Major upcoming Developments and Projects

Key Highlights of the Report:

  • Africa Industrial IoT Market Outlook
  • Market Size of Africa Industrial IoT Market, 2024
  • Forecast of Africa Industrial IoT Market, 2031
  • Historical Data and Forecast of Africa Industrial IoT Revenues & Volume for the Period 2021 - 2031
  • Africa Industrial IoT Market Trend Evolution
  • Africa Industrial IoT Market Drivers and Challenges
  • Africa Industrial IoT Price Trends
  • Africa Industrial IoT Porter's Five Forces
  • Africa Industrial IoT Industry Life Cycle
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Vertical for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Manufacturing for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Energy for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Oil & Gas for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Healthcare for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Metals & Mining for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Manufacturing Industrial IoT Market Revenues & Volume By Agriculture for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Vertical for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Manufacturing for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Energy for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Oil & Gas for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Healthcare for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Metals & Mining for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Manufacturing Industrial IoT Market Revenues & Volume By Agriculture for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Vertical for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Manufacturing for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Energy for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Oil & Gas for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Healthcare for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Metals & Mining for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Manufacturing Industrial IoT Market Revenues & Volume By Agriculture for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Vertical for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Manufacturing for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Energy for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Oil & Gas for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Healthcare for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Metals & Mining for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Manufacturing Industrial IoT Market Revenues & Volume By Agriculture for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Vertical for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Manufacturing for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Energy for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Oil & Gas for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Healthcare for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Retail for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Transportation for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Metals & Mining for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Manufacturing Industrial IoT Market Revenues & Volume By Agriculture for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Hardware for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Software for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Industrial IoT Market Revenues & Volume By Services for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Hardware for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Software for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Industrial IoT Market Revenues & Volume By Services for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Hardware for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Software for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Industrial IoT Market Revenues & Volume By Services for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Hardware for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Software for the Period 2021 - 2031
  • Historical Data and Forecast of Kenya Industrial IoT Market Revenues & Volume By Services for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Hardware for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Software for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Industrial IoT Market Revenues & Volume By Services for the Period 2021 - 2031
  • Africa Industrial IoT Market - Key Performance Indicators
  • Africa Industrial IoT Market - Import Export Trade Statistics
  • Africa Industrial IoT Market - Opportunity Assessment By Countries
  • Africa Industrial IoT Market - Opportunity Assessment By Vertical
  • Africa Industrial IoT Market - Opportunity Assessment By Component
  • Africa Industrial IoT Market - Top Companies Market Share
  • Africa Industrial IoT Market - Top Companies Profiles
  • Africa Industrial IoT Market - Comparison of Players in Technical and Operating Parameters
  • Africa Industrial IoT Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

  • South Africa
  • Nigeria
  • Kenya
  • Rest of Africa

By Vertical

  • Manufacturing
  • Energy
  • Oil & Gas
  • Healthcare
  • Retail
  • Transportation
  • Metals & Mining
  • Agriculture

By Component

  • Hardware
  • Software
  • Services

Africa Industrial IoT Market (2025-2031): FAQs

The growth of the Africa Industrial IoT market is driven by increased industrial automation, a focus on operational efficiency, and the demand for real-time data analytics, along with advancements in mobile technology and internet accessibility.
The IoT market in Africa faces challenges such as infrastructure limitations, regulatory hurdles, and concerns over data security, which can impede the widespread adoption of these technologies.
Emerging technologies like edge computing and AI-driven analytics are creating new opportunities for companies to optimize their operations, improve decision-making processes, and address existing challenges in the industry.
Various sectors, including manufacturing, agriculture, and logistics, stand to benefit significantly from IoT implementations.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Africa Industrial IoT Market Overview
3.1 Africa Regional Macro Economic Indicators
3.2 Africa Industrial IoT Market Revenues & Volume, 2021 & 2031F
3.3 Africa Industrial IoT Market - Industry Life Cycle
3.4 Africa Industrial IoT Market - Porter's Five Forces
3.5 Africa Industrial IoT Market Revenues & Volume Share, By Countries, 2021 & 2031F
3.6 Africa Industrial IoT Market Revenues & Volume Share, By Vertical, 2021 & 2031F
3.7 Africa Industrial IoT Market Revenues & Volume Share, By Component, 2021 & 2031F
3.9 Africa Industrial IoT Market Revenues & Volume Share, By , 2021 & 2031F
4 Africa Industrial IoT Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Africa Industrial IoT Market Trends
6 Africa Industrial IoT Market, 2021 - 2031
6.1 Africa Industrial IoT Market, Revenues & Volume, By Vertical, 2021 - 2031
6.2 Africa Industrial IoT Market, Revenues & Volume, By Component, 2021 - 2031
6.4 Africa Industrial IoT Market, Revenues & Volume, By , 2021 - 2031
7 South Africa Industrial IoT Market, 2021 - 2031
7.1 South Africa Industrial IoT Market, Revenues & Volume, By Vertical, 2021 - 2031
7.2 South Africa Industrial IoT Market, Revenues & Volume, By Component, 2021 - 2031
7.4 South Africa Industrial IoT Market, Revenues & Volume, By , 2021 - 2031
8 Nigeria Industrial IoT Market, 2021 - 2031
8.1 Nigeria Industrial IoT Market, Revenues & Volume, By Vertical, 2021 - 2031
8.2 Nigeria Industrial IoT Market, Revenues & Volume, By Component, 2021 - 2031
8.4 Nigeria Industrial IoT Market, Revenues & Volume, By , 2021 - 2031
9 Kenya Industrial IoT Market, 2021 - 2031
9.1 Kenya Industrial IoT Market, Revenues & Volume, By Vertical, 2021 - 2031
9.2 Kenya Industrial IoT Market, Revenues & Volume, By Component, 2021 - 2031
9.4 Kenya Industrial IoT Market, Revenues & Volume, By , 2021 - 2031
10 Rest of Africa Industrial IoT Market, 2021 - 2031
10.1 Rest of Africa Industrial IoT Market, Revenues & Volume, By Vertical, 2021 - 2031
10.2 Rest of Africa Industrial IoT Market, Revenues & Volume, By Component, 2021 - 2031
10.4 Rest of Africa Industrial IoT Market, Revenues & Volume, By , 2021 - 2031
11 Africa Industrial IoT Market Key Performance Indicators
12 Africa Industrial IoT Market - Opportunity Assessment
12.1 Africa Industrial IoT Market Opportunity Assessment, By Countries, 2021 & 2031F
12.2 Africa Industrial IoT Market Opportunity Assessment, By Vertical, 2021 & 2031F
12.3 Africa Industrial IoT Market Opportunity Assessment, By Component, 2021 & 2031F
12.5 Africa Industrial IoT Market Opportunity Assessment, By , 2021 & 2031F
13 Africa Industrial IoT Market - Competitive Landscape
13.1 Africa Industrial IoT Market Revenue Share, By Companies, 2024
13.2 Africa Industrial IoT Market Competitive Benchmarking, By Operating and Technical Parameters
14 Company Profiles
15 Recommendations
16 Disclaimer
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