The Internet of Things (IoT)* units installed base by category from 2014 to 2020 (in billions)

IoT installed base by category 2014-2020 The statistic shows the installed base of the Internet of Things (IoT) by category between 2014 and 2020. An estimated 12.86 billion units will be in use in the consumer segment by 2020.
Internet of Things installed base -- additional information

The Internet of Things (IoT) is a vast network of smart objects which work together in collecting and analyzing data and autonomously performing actions. The IoT is a highly promising concept, as forecasts show growth at a rapid pace for the coming years both in terms of market value and connected devices. The global market value of IoT is projected to pass the one trillion U.S. dollars mark for the first time by 2017, a significant increase, considering the market was valued at around 600 billion U.S. dollars in 2014. The number of connected devices worldwide is projected to increase from around 18 billion in 2015 to 50 billion by 2020.

The installed base of IoT devices is expected to jump from about five billion in 2015 to nearly 31 billion by 2020, with the consumer sector accounting for the majority of these units. The IoT installed base in the consumer sector is forecast to amount to 13.5 billion by 2020. The automobile industry is a promising sector for IoT and is forecast to account for about 14 percent of the IoT installed base in 2020. As of May 2015, companies of the automobile industry spent an average of around 93.5 million U.S. dollars on Internet of Things per year. Companies in the travel, transportation and hospitality industry have the highest annual spending on IoT – nearly 129 million U.S. dollars. Industrial manufacturing, banking and financial services and telecommunication are also industries with high spending on IoT.
Show more
Loading statistic...
ConsumerBusiness: Cross-IndustryBusiness: Vertical-Specific
20142.280.630.9
20153.020.821.07
20163.961.11.32
2017**5.241.51.64
2018**7.042.132.03
2020**12.864.383.17
ConsumerBusiness: Cross-IndustryBusiness: Vertical-Specific
20142.280.630.9
20153.020.821.07
20163.961.11.32
2017**5.241.51.64
2018**7.042.132.03
2020**12.864.383.17

© Statista 2017

Download Settings Share
Chart type
Datalabels
Share on Social Media
HTML code to embed chart as PNG (FAQ)
Download started
Please be patient - this may take a moment
Description Source More information
The statistic shows the installed base of the Internet of Things (IoT) by category between 2014 and 2020. An estimated 12.86 billion units will be in use in the consumer segment by 2020.
Internet of Things installed base -- additional information

The Internet of Things (IoT) is a vast network of smart objects which work together in collecting and analyzing data and autonomously performing actions. The IoT is a highly promising concept, as forecasts show growth at a rapid pace for the coming years both in terms of market value and connected devices. The global market value of IoT is projected to pass the one trillion U.S. dollars mark for the first time by 2017, a significant increase, considering the market was valued at around 600 billion U.S. dollars in 2014. The number of connected devices worldwide is projected to increase from around 18 billion in 2015 to 50 billion by 2020.

The installed base of IoT devices is expected to jump from about five billion in 2015 to nearly 31 billion by 2020, with the consumer sector accounting for the majority of these units. The IoT installed base in the consumer sector is forecast to amount to 13.5 billion by 2020. The automobile industry is a promising sector for IoT and is forecast to account for about 14 percent of the IoT installed base in 2020. As of May 2015, companies of the automobile industry spent an average of around 93.5 million U.S. dollars on Internet of Things per year. Companies in the travel, transportation and hospitality industry have the highest annual spending on IoT – nearly 129 million U.S. dollars. Industrial manufacturing, banking and financial services and telecommunication are also industries with high spending on IoT.
Show more
Release date
February 2017
Region
Worldwide
Survey time period
2014 to 2016
Supplementary notes
* The IoT is the network of dedicated physical objects (things) that contain embedded technology to sense or interact with their internal state or external environment. The IoT comprises an ecosystem that includes things, communication, applications and data analysis.

** Forecast

Statista Accounts: Access All Statistics. Starting from $588 / Year

Statistics on "Internet of Things (IoT)"

  • Market size & verticals
  • Enabling technologies
  • Connected things
  • Mobile connections & users
The most important statistics
  • Smart devices
The most important statistics
  • Smart buildings & cities

Related Studies: Available to Download in PDF or PPTX Format

Internet of Things (IoT) in Europe

All Information
in one Presentation

Internet of Things (IoT) in Europe

Everything On "Internet of Things (IoT) in Europe" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista for Your Company: The Research and Analysis Tool

  • Product Film
  • Statistics
  • Downloads

Our Premium Statistics - facts for your business

Currently, Statista provides more than 1 million statistics.
93 percent (all Premium content) are exclusively accessible via our professional accounts.

Unlimited access

As a Statista Premium customer, you receive unlimited access to all statistics at all times. Including downloads of data in the most common formats (XLS, PDF & PNG). Create relevant and significant statistics in no time.

You are in good company

Further Content: Statistics, Studies, and Topic Pages

Our Business Solutions: Save Time and Money

only

$588*

per year
Your advantages
  • Full access to all our statistics
  • Download as XLS, PDF & PNG
  • Relevant data: complete source information
All functions of our platform illustrated face-to-face
  • Learn how Statista supports your company
  • Extensive tour across the whole portal
  • Personal guidance by our support team
The knowledge database for your company
  • All functions of the Premium Account
  • Access to dossiers, forecasts and studies
  • Access to our international database
  • Publishing rights and other exclusive functions

Statistics on the topic

Topics

About Statista

Learn more about how Statista can support your business.

Request webinar