Technology Markets

Internet of Things

Worldwide
  • Revenue in the IoT market is projected to reach US$20.16bn in 2022.
  • The market's largest segment is Smart Home Technologies with a projected market volume of US$19.57bn in 2022.
  • Revenue is expected to show an annual growth rate (CAGR 2022-2027) of 10.60%, resulting in a market volume of US$33.36bn by 2027.
  • In global comparison, most revenue will be generated in the United States (US$4,761.00m in 2022).
 
 
 
 
 
 
 
 
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