Global estimated economic value of equipment efficiency IoT 2025-2030

Published by
Lionel Sujay Vailshery,
Aug 29, 2023
It is estimated that equipment efficiency IoT products and services will have an economic value between 10 and 20 billion U.S. dollars by 2025, and this range is expected to grow to 50 to 70 billion dollars by 2030.

Estimated economic value from equipment efficiency IoT worldwide in 2025 and 2030 (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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