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Internet of Things market size worldwide 2009-2019
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Internet of Things market size worldwide 2009-2019
Size of the global Internet of Things (IoT) market from 2009 to 2019 (in billion U.S. dollars)
by Statista Research Department,
last edited
Aug 14, 2015
The statistic shows the market size of the global Internet of Things (IoT) market from 2009 to 2014, with forecasts from 2015 to 2019. In 2013, the global IoT market had a size of 485.6 billion U.S. dollars.
Internet of Things market size – additional information
The Internet of Things (IoT), a vast network of smart objects which work together in collecting and analyzing data, is a promising concept of the technology industry for the coming years. The global IoT market is projected to nearly double in size between 2014 and 2017, passing the one trillion U.S. dollars mark by that year. By 2019, the global IoT market is forecast to be valued at more than 1.7 trillion U.S. dollars, with the number of connected devices worldwide forecast to reach 20.35 billion in the same year. As of 2015, connected cities, cities or hubs that use information, communication technology and connectivity to address urban problems, remain the most important IoT subsystems.
The consumer electronics industry is the largest IoT market, with projection to increase its value from 1.15 trillion U.S. dollars in 2014 to over 2.2 trillion U.S. dollars by 2020. Another promising segment is the automotive industry, which is also expected to double its market value in the same time span. As of May 2015, companies of the automotive sector spent an average of 93.51 million U.S. dollars on Internet of Things; this amount corresponds to 0.35 percent of companies’ revenues from this sector. Other industries have higher IoT expenditure in comparison to the automobile industry, which is ranked eighth in average spending. The travel, transportation and hospitality sector has the highest investment amongst selected industries. The companies in this particular sector invest 0.6 percent of their revenue on IoT, which rounds up to 128.87 million U.S. dollars.
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by Statista Research Department,
last edited
Aug 14, 2015
The statistic shows the market size of the global Internet of Things (IoT) market from 2009 to 2014, with forecasts from 2015 to 2019. In 2013, the global IoT market had a size of 485.6 billion U.S. dollars.
Internet of Things market size – additional information
The Internet of Things (IoT), a vast network of smart objects which work together in collecting and analyzing data, is a promising concept of the technology industry for the coming years. The global IoT market is projected to nearly double in size between 2014 and 2017, passing the one trillion U.S. dollars mark by that year. By 2019, the global IoT market is forecast to be valued at more than 1.7 trillion U.S. dollars, with the number of connected devices worldwide forecast to reach 20.35 billion in the same year. As of 2015, connected cities, cities or hubs that use information, communication technology and connectivity to address urban problems, remain the most important IoT subsystems.
The consumer electronics industry is the largest IoT market, with projection to increase its value from 1.15 trillion U.S. dollars in 2014 to over 2.2 trillion U.S. dollars by 2020. Another promising segment is the automotive industry, which is also expected to double its market value in the same time span. As of May 2015, companies of the automotive sector spent an average of 93.51 million U.S. dollars on Internet of Things; this amount corresponds to 0.35 percent of companies’ revenues from this sector. Other industries have higher IoT expenditure in comparison to the automobile industry, which is ranked eighth in average spending. The travel, transportation and hospitality sector has the highest investment amongst selected industries. The companies in this particular sector invest 0.6 percent of their revenue on IoT, which rounds up to 128.87 million U.S. dollars.
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- Release date
- August 2015
- Region
- Worldwide
- Survey time period
- 2009 to 2014
- Supplementary notes
- * Forecast
Source
- Show sources information
- Show publisher information
- Release date
- August 2015
More information
- Region
- Worldwide
- Survey time period
- 2009 to 2014
- Supplementary notes
- * Forecast
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Statistics on "Internet of Things in Italy"
- Market overview
The most important statistics
- Projected Internet of Things services spending worldwide from 2014 to 2017 (in billion U.S. dollars)Connected things - global IoT services spending 2014-2017
- Sector share of the economic impact of the Internet of Things (IoT) in 2025, by economy typeIoT economic impact share forecast 2025, by economy type
- Internet of Things (IoT) revenue in Western Europe from 2013 to 2020 (in billion U.S. dollars)Internet of Things (IoT) revenue in Western Europe 2013-2020
- Internet of Things (IoT) market size in Europe 2014 and 2020, broken down by country (in million euros)Internet of Things (IoT) market size in Europe 2014 and 2020, by country
- Internet of Things (IoT) market size in Europe 2014 and 2020, broken down by vertical market (in million euros)Internet of Things (IoT) market size in Europe 2014 and 2020, by vertical market
- Internet of Things (IoT) solutions market in the European Union (EU 28) in 2025 (in billion euros)IoT solutions market in the European Union (EU) 2025
- Internet of Things in companies
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- Projected size of the global market for RFID tags from 2016 to 2020 (in billion U.S. dollars)RFID tags - global market size forecast 2016-2020
- Average spending per company on "Internet of Things" worldwide as of May 2015, by industry sector (in million U.S. dollars)Average spend per company on "Internet of Things" worldwide in 2015, by industry
- Share of firms using radio frequency identification (RFID) in Italy in 2017, by industryShare of firms using RFID technologies in Italy 2017, by industry
- Development of Internet of Things (IoT) projects in Italy in 2016, by company size Development of Internet of Things projects in Italy 2016, by company size
- Share of digital companies using selected digital technologies in Italy in 2016 Share of digital companies using digital technologies in Italy 2016
- What results have you obtain/are you expecting to obtain from an Internet of Things (IoT) project? Results from implementing IoT in companies in Italy 2016
- Which results did you obtain/do you expect to obtain from your Internet of Things (IoT) projects? Expected results and potential of IoT projects among companies in Italy 2016
- What is the reason why your company has not yet developed an Internet of Things project ?Rasons for not developing IoT projects in Italy 2016
- Smart Home
The most important statistics
- Smart Home - revenue forecast in Europe from 2017 to 2023 (in million U.S. dollars)Smart Home revenue forecast in Europe until 2023
- Smart Home - revenue forecast in Italy from 2017 to 2023 (in million U.S. dollars)Smart Home revenue forecast in Italy until 2023
- Smart home market revenue in Italy from 2016 to 2022, by segment (in million U.S. dollars)Digital Market Outlook: smart home market revenue in Italy 2016-2022, by segment
- Number of Smart Homes forecast in Italy from 2017 to 2023 (in millions)Number of Smart Homes forecast in Italy until 2023
- Number of Smart Homes forecast for the segment Energy Management in Italy from 2017 to 2023 (in millions)Number of Smart Homes forecast in the segment Energy Management in Italy until 2023
- Smart Home - revenue forecast for the segment Control and Connectivity in Italy from 2017 to 2023 (in million U.S. dollars)Smart Home revenue forecast in the segment Control and Connectivity in Italy until 2023
- Smart Home - revenue forecast for the segment Security in Italy from 2017 to 2023 (in million U.S. dollars)Smart Home revenue forecast in the segment Security in Italy until 2023
- Smart Home - revenue forecast for the segment Home Entertainment in Italy from 2017 to 2023 (in million U.S. dollars)Smart Home revenue forecast in the segment Home Entertainment in Italy until 2023
- Connected devices
The most important statistics
- Connected device usage rate in Italy in 2014 to 2017, by deviceItaly: connected device usage rate 2014-2017
- Average number of connected devices used per person in Italy from 2012 to 2017Italy: number of connected devices per person 2012-2017
- How many connected devices do you currently use?*Italy: number of connected devices per person 2017
- Do you have at least one smart device connected in your home and, if not, have you ever seen one? Share of individuals owning smart home devices in Italy 2016
- Distribution of smart devices in Italy in 2016, by connection typeConnection types of smart devices in Italy 2016
- For which functionality do you use the smart devices connected in your home? Features of smart home devices in Italy 2016, by function
- Are you willing to purchase smart and connected devices? Willingness to purchase smart devices in Italy 2016
- Which, if any, of the following smart devices would you consider purchasing in the next twelve months?Share of individuals who were planning to purchase smart devices in Italy 2015
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