Global potential economic value from IoT 2030, by use case

Published by
Lionel Sujay Vailshery,
Feb 6, 2024
The highest economic value for IoT (Internet of Things) is comes from use cases in factories and it is forecast to amount to 3,320 billion U.S. dollars at a higher-end scenario by 2030. IoT in human health takes second place under the same scenario with a potential of 1,760 U.S. dollars.

Potential economic value from IoT worldwide in 2030, by use case (in billion U.S. dollars)

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Release date

April 2022

Region

Worldwide

Survey time period

November 2021

Supplementary notes

Figures may not sum, because of rounding

Top segments within use cases,
Factories: Manufacturing
Human Health: Monitoring and treating illness
Work Sites: Construction
City: Centralized and adaptive traffic control
Retail Environments: Self-checkout
Outside: Autonomous vehicles
Home: Chore automation
Vehicles: Insurance - Personal transportation
Offices: HR redesign

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