By 2033, China is anticipated to dominate the Internet of Things (IoT) market with around 297 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 2033, by region
(in billion U.S. dollars)
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Transforma Insights. (May 10, 2024). Internet of Things (IoT) annual revenue from 2020 to 2033, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/
Transforma Insights. "Internet of Things (IoT) annual revenue from 2020 to 2033, by region (in billion U.S. dollars)." Chart. May 10, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/
Transforma Insights. (2024). Internet of Things (IoT) annual revenue from 2020 to 2033, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/
Transforma Insights. "Internet of Things (Iot) Annual Revenue from 2020 to 2033, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 10 May 2024, https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/
Transforma Insights, Internet of Things (IoT) annual revenue from 2020 to 2033, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/ (last visited December 19, 2024)
Internet of Things (IoT) annual revenue from 2020 to 2033, by region (in billion U.S. dollars) [Graph], Transforma Insights, May 10, 2024. [Online]. Available: https://www.statista.com/statistics/1194715/iot-annual-revenue-regionally/