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NASDAQ:KORE 6 July 2025 - 7 July 2025

Global IoT Market 2025 Forecast: Inside the $1 Trillion Tech Revolution

Global IoT Market 2025 Forecast: Inside the $1 Trillion Tech Revolution

Global IoT spending is projected to approach $1 trillion in 2025, up from $805.7 billion in 2023. Connected IoT devices are expected to reach 27 billion by 2025. Manufacturing leads spending, with $73 billion for operations and $68 billion for asset management in 2023. Semtech acquired Sierra Wireless for $1.2 billion in 2023; Vodafone and Microsoft announced a 10-year IoT partnership in 2024.
Smart Homes Just Got Smarter: New Gadgets, Big Trends & Surprising Challenges in Summer 2025

Smart Homes Just Got Smarter: New Gadgets, Big Trends & Surprising Challenges in Summer 2025

Generac launched the ecobee by Generac Smart Thermostat Enhanced in June 2025, promising up to 26% heating and cooling savings and integration with its generators and solar batteries. Arlo introduced Advanced Audio Detection for Arlo Secure Plus, while Yale released the Assure Lock 2 Touch with fingerprint unlocking. Amazon began rolling out Alexa Plus, and Google integrated Google Home into over 40 million devices as Matter controllers.
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