By 2030, China is anticipated to dominate the Internet of Things (IoT) market with 184 billion U.S. dollars in revenue, approximately a third of the whole market. North America and Europe are forecast to follow relatively closely behind in regional revenue, respectively.
Internet of Things (IoT) annual revenue from 2020 to 2030, by region
(in billion U.S. dollars)
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Transforma Insights. (July 1, 2023). Internet of Things (IoT) annual revenue from 2020 to 2030, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/
Transforma Insights. "Internet of Things (IoT) annual revenue from 2020 to 2030, by region (in billion U.S. dollars)." Chart. July 1, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/
Transforma Insights. (2023). Internet of Things (IoT) annual revenue from 2020 to 2030, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/
Transforma Insights. "Internet of Things (Iot) Annual Revenue from 2020 to 2030, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jul 2023, https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/
Transforma Insights, Internet of Things (IoT) annual revenue from 2020 to 2030, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/ (last visited July 22, 2024)
Internet of Things (IoT) annual revenue from 2020 to 2030, by region (in billion U.S. dollars) [Graph], Transforma Insights, July 1, 2023. [Online]. Available: https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/