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Industrial IoT - market size worldwide 2020-2028

Published by
Timothy Owens,
Jan 5, 2023
The global market for industrial Internet of Things (IIoT) was sized at over 263 billion U.S. dollars in 2021. The market is expected to grow in size in the coming years, reaching some 1.11 trillion U.S. dollars by 2028.

Industrial Internet of Things (IIoT) market size worldwide from 2020 to 2028 (in billion U.S. dollars)

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Sources

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Release date

March 2022

Region

Worldwide

Survey time period

2020

Supplementary notes

* Forecast
For the Statista estimate an exponential development of the values between 2021 and 2028 was assumed to estimate the annual values. The values for 2020, 2021, and 2028 were provided by the source.

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Statistics on " Internet of Things (IoT) "

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Statistics on Internet of Things (IoT)

Overview

5

Segments

6

Consumption

4

Cellular IoT

4

IoT security

3

Outlook

4

Further related statistics

17

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Topics

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