| Product Code: ETC9211508 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Serbia IoT devices market, imports showed a slight growth trend from 2023 to 2024, with a rate of 0.39%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 37.54%. This growth could be attributed to increasing demand for advanced technology solutions in various sectors.

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 Serbia IoT Devices Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia IoT Devices Market Revenues & Volume, 2022 & 2032F |
3.3 Serbia IoT Devices Market - Industry Life Cycle |
3.4 Serbia IoT Devices Market - Porter's Five Forces |
3.5 Serbia IoT Devices Market Revenues & Volume Share, By Application Type, 2022 & 2032F |
3.6 Serbia IoT Devices Market Revenues & Volume Share, By Connectivity Type, 2022 & 2032F |
4 Serbia IoT Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smart home technology in Serbia |
4.2.2 Growing demand for connected devices in industrial applications |
4.2.3 Government initiatives to promote IoT technology in the country |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of IoT technology among consumers |
4.3.2 Concerns regarding data privacy and security |
4.3.3 Lack of standardized regulations and policies for IoT devices in Serbia |
5 Serbia IoT Devices Market Trends |
6 Serbia IoT Devices Market, By Types |
6.1 Serbia IoT Devices Market, By Application Type |
6.1.1 Overview and Analysis |
6.1.2 Serbia IoT Devices Market Revenues & Volume, By Application Type, 2022-2032F |
6.1.3 Serbia IoT Devices Market Revenues & Volume, By Connected and Smart Home, 2022-2032F |
6.1.4 Serbia IoT Devices Market Revenues & Volume, By Medical IoT, 2022-2032F |
6.1.5 Serbia IoT Devices Market Revenues & Volume, By Connected Car, 2022-2032F |
6.1.6 Serbia IoT Devices Market Revenues & Volume, By Smart Cities, 2022-2032F |
6.1.7 Serbia IoT Devices Market Revenues & Volume, By Industrial IoT, 2022-2032F |
6.1.8 Serbia IoT Devices Market Revenues & Volume, By Personal IoT, 2022-2032F |
6.2 Serbia IoT Devices Market, By Connectivity Type |
6.2.1 Overview and Analysis |
6.2.2 Serbia IoT Devices Market Revenues & Volume, By WPAN, 2022-2032F |
6.2.3 Serbia IoT Devices Market Revenues & Volume, By WLAN, 2022-2032F |
6.2.4 Serbia IoT Devices Market Revenues & Volume, By LPWA, 2022-2032F |
6.2.5 Serbia IoT Devices Market Revenues & Volume, By Cellular/M2M, 2022-2032F |
6.2.6 Serbia IoT Devices Market Revenues & Volume, By Other, 2022-2032F |
7 Serbia IoT Devices Market Import-Export Trade Statistics |
7.1 Serbia IoT Devices Market Export to Major Countries |
7.2 Serbia IoT Devices Market Imports from Major Countries |
8 Serbia IoT Devices Market Key Performance Indicators |
8.1 Number of IoT devices connected in Serbia |
8.2 Rate of growth in IoT infrastructure deployment |
8.3 Adoption rate of IoT solutions in different sectors such as healthcare, agriculture, and transportation |
9 Serbia IoT Devices Market - Opportunity Assessment |
9.1 Serbia IoT Devices Market Opportunity Assessment, By Application Type, 2022 & 2032F |
9.2 Serbia IoT Devices Market Opportunity Assessment, By Connectivity Type, 2022 & 2032F |
10 Serbia IoT Devices Market - Competitive Landscape |
10.1 Serbia IoT Devices Market Revenue Share, By Companies, 2025 |
10.2 Serbia IoT Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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