Global Internet of Things (IoT) in energy market size 2020-2025

Published by
Bruna Alves,
Feb 17, 2023
Projections show that the global value of the Internet of Things (IoT) in energy market is expected to grow from an estimated 20.2 billion U.S. dollars in 2020, to 35.2 billion U.S. dollars by 2025. This follows a CAGR of 11.8 percent during the forecast period.

The Internet of Things is the network of objects that are able to connect and communicate with other devices through the internet.

Projected value of the global Internet of Things (IoT) in energy market from 2020 to 2025 (in billion U.S. dollars)

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Release date

January 2020

Region

Worldwide

Survey time period

2020 to 2025

Supplementary notes

* Estimate.
** Projections from 2021
Based on a CAGR of 11.8 percent during the forecast period.

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