IoT global total revenue by use case 2020-2030

From 2020 to 2030, the annual revenue of consumer internet and media devices is forecast to make a leap from 2.7 billion to 25 billion U.S. dollars. Connected vehicles IoT revenue is also anticipated to see a significant increase over the course of the next ten years.

Internet of Things (IoT) annual revenue worldwide from 2020 to 2030, by use case (in billion U.S. dollars)

Characteristic	Connected Vehicles	Consumer Internet & Media Devices	IT Infrastructure	Office Equipment	Payment Terminals	Personal Assistance Robots	Personal Monitoring & Tracking	Portable Information Terminals	White Goods	Asset Tracking & Monitoring	Autonomous Vehicles	Inventory Management & Monitoring	Precision Specialist Robots	Real World 'Visualisation'	Remote Diagnostics & Maintenance	Remote Process Control	Smart Grid	Access Control & Intercoms	Building Automation	CCTV	Environmental Monitoring	HVAC	Lighting	Parking Space Monitoring	Public Information & Advertising Screens	Road Infrastructure Monitoring & Control	Security & Fire Alarms
2030*	184	25	0.6	1.5	49.1	6.1	14.9	0.1	1.2	26.9	10.8	15.3	27.2	7.6	1.4	2.7	50	1.8	52.2	54.5	3.2	20.3	2.1	0.1	1.6	40	21.4
2029*	168.2	21.2	0.6	1.6	47.7	5.1	13.2	0	0.9	25	8.3	14	24.2	6.8	1.2	2.6	46.2	1.7	47.8	51.1	2.9	17.7	1.9	0	1.4	39.3	20.2
2028*	152.2	17.7	0.6	1.6	46.2	4.2	11.6	0	0.6	23.1	6.2	12.8	21.3	5.9	1	2.4	42.3	1.5	43.4	47.6	2.5	15.3	1.6	0	1.3	38.4	19
2027*	136	14.6	0.6	1.7	44.6	3.4	10.2	0	0.4	21.1	4.6	11.7	18.5	5	0.9	2.2	38.6	1.4	39.3	44.1	2.3	13.3	1.3	0	1.1	37.5	17.9
2026*	119.8	11.8	0.6	1.7	42.9	2.7	8.8	0	0.3	19	3.3	10.7	15.9	4.2	0.8	2.1	34.9	1.2	35.3	40.5	2	11.5	1.1	0	1	36.4	16.8
2025*	104.1	9.5	0.6	1.8	40.9	2.1	7.6	0	0.2	16.9	2.4	9.8	13.5	3.5	0.6	2	31.3	1	31.3	37	1.8	9.8	0.9	0	0.9	35	15.7
2024*	89	7.6	0.6	1.8	38.5	1.6	6.4	0	0.1	14.7	1.7	8.9	11.4	2.8	0.5	1.8	27.7	0.8	27.3	33.3	1.6	8.3	0.7	0	0.8	33.3	14.6
2023*	75	6	0.5	1.9	35.6	1.2	5.4	0	0.1	12.5	1.2	8	9.6	2.2	0.5	1.7	24.2	0.7	22.7	29.5	1.4	6.9	0.6	0	0.7	31.5	13.6
2022*	62.1	4.7	0.5	1.9	32.1	0.9	4.5	0	0	10.3	0.8	7	8	1.7	0.4	1.6	20.7	0.5	18.2	25.7	1.2	5.5	0.5	0	0.6	29.8	12.5
2021	50.8	3.5	0.5	2	28.7	0.6	3.6	0	0	8.1	0.5	6	6.7	1.3	0.3	1.5	17.2	0.4	14.4	22.1	1.1	4.3	0.4	0	0.5	27.3	11.5
2020	41.7	2.7	0.5	2	27	0.5	2.8	0	0	6	0.4	5.5	5.8	0.9	0.3	1.4	14.2	0.3	12.2	19.5	1	3.5	0.3	0	0.4	22.1	10.8