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IoT global revenue 2019-2030, by use case

From 2019 to 2030, the annual revenue of consumer internet and media devices is forecast to almost triple from 68.7 billion to 203.1 billion. 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 2019 to 2030, by use case

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Source

In cooperation with
Transforma Insights
Release date

December 2020

Region

Worldwide

Survey time period

2019 to 2020

Supplementary notes

*Forecast
Revenue is defined as annual spend by end customers on IoT hardware, connectivity, and services. IoT connections are defined as connections to remote sensing and actual devices. This includes associated aggregation devices such as hub devices.

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Statistics on "Internet of Things (IoT)"

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