The global spending on the Internet of Things (IoT) is forecast to reach 1.1 trillion U.S. dollars in 2022. New technologies such as 5G is expected to drive the market growth in the coming years.
Prognosis of worldwide spending on the Internet of Things (IoT) from 2018 to 2022
(in billion U.S. dollars)
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IDC. (June 13, 2019). Prognosis of worldwide spending on the Internet of Things (IoT) from 2018 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 10, 2020, from https://www.statista.com/statistics/668996/worldwide-expenditures-for-the-internet-of-things/
IDC. "Prognosis of worldwide spending on the Internet of Things (IoT) from 2018 to 2022 (in billion U.S. dollars)." Chart. June 13, 2019. Statista. Accessed April 10, 2020. https://www.statista.com/statistics/668996/worldwide-expenditures-for-the-internet-of-things/
IDC. (2019). Prognosis of worldwide spending on the Internet of Things (IoT) from 2018 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 10, 2020. https://www.statista.com/statistics/668996/worldwide-expenditures-for-the-internet-of-things/
IDC. "Prognosis of Worldwide Spending on The Internet of Things (Iot) from 2018 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Jun 2019, https://www.statista.com/statistics/668996/worldwide-expenditures-for-the-internet-of-things/
IDC, Prognosis of worldwide spending on the Internet of Things (IoT) from 2018 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/668996/worldwide-expenditures-for-the-internet-of-things/ (last visited April 10, 2020)
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