IoT spending in Russia 2020-2025

Published by Statista Research Department, Oct 14, 2022
Russian expenditure on the Internet of Things (IoT) reached nearly four billion U.S. dollars in 2020. Furthermore, the market was forecast to grow to approximately 8.6 billion U.S. dollars in 2025. The IoT spending worldwide was expected to reach 1.1 trillion U.S. dollars in 2023.

Spending on Internet of Things (IoT) in Russia in 2020 with a forecast for 2025 (in billion U.S. dollars)

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Release date

May 2021

Region

Russia

Survey time period

2020

Supplementary notes

* Forecast.

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