Try our corporate solution for free!
(212) 419-8286

Internet of Things market size worldwide 2009-2019

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.

Size of the global Internet of Things (IoT) market from 2009 to 2019

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% discount until March 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

August 2015



Survey time period

2009 to 2014

Supplementary notes

* Forecast

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Internet of Things in Italy"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.