In 2020, there were 8.9 billion machine to machine (M2M) connections globally. That was a 20 percent increase from 2019. The forecasted compound annual growth rate of connections from 2018 to 2023 is 19 percent. According to the source, by 2023, there will be 14.7 billion M2M connections worldwide.
Machine to machine connections from 2018 to 2023
(in billions)
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Cisco Systems. (March 9, 2020). Machine to machine connections from 2018 to 2023 (in billions) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1190391/m2m-connection-growth-worldwide/
Cisco Systems. "Machine to machine connections from 2018 to 2023 (in billions)." Chart. March 9, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1190391/m2m-connection-growth-worldwide/
Cisco Systems. (2020). Machine to machine connections from 2018 to 2023 (in billions). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1190391/m2m-connection-growth-worldwide/
Cisco Systems. "Machine to Machine Connections from 2018 to 2023 (in Billions)." Statista, Statista Inc., 9 Mar 2020, https://www.statista.com/statistics/1190391/m2m-connection-growth-worldwide/
Cisco Systems, Machine to machine connections from 2018 to 2023 (in billions) Statista, https://www.statista.com/statistics/1190391/m2m-connection-growth-worldwide/ (last visited December 21, 2024)
Machine to machine connections from 2018 to 2023 (in billions) [Graph], Cisco Systems, March 9, 2020. [Online]. Available: https://www.statista.com/statistics/1190391/m2m-connection-growth-worldwide/
