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
(in billion U.S. dollars)
*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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Transforma Insights. (December 22, 2020). Internet of Things (IoT) annual revenue worldwide from 2019 to 2030, by use case (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 19, 2022, from https://www.statista.com/statistics/1194719/iot-revenue-worldwide-use-case/
Transforma Insights. "Internet of Things (IoT) annual revenue worldwide from 2019 to 2030, by use case (in billion U.S. dollars)." Chart. December 22, 2020. Statista. Accessed May 19, 2022. https://www.statista.com/statistics/1194719/iot-revenue-worldwide-use-case/
Transforma Insights. (2020). Internet of Things (IoT) annual revenue worldwide from 2019 to 2030, by use case (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 19, 2022. https://www.statista.com/statistics/1194719/iot-revenue-worldwide-use-case/
Transforma Insights. "Internet of Things (Iot) Annual Revenue Worldwide from 2019 to 2030, by Use Case (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Dec 2020, https://www.statista.com/statistics/1194719/iot-revenue-worldwide-use-case/
Transforma Insights, Internet of Things (IoT) annual revenue worldwide from 2019 to 2030, by use case (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1194719/iot-revenue-worldwide-use-case/ (last visited May 19, 2022)