IoT global revenue 2020-2033, by use case

Published by
Lionel Sujay Vailshery,
Sep 10, 2024

From 2020 to 2033, the annual revenue of consumer internet and media devices is forecast to make a leap from 2.7 billion to 43.4billion U.S. dollars. Connected vehicles IoT revenue is also anticipated to see a significant increase over the course of the next ten years.

Internet of Things (IoT) annual revenue worldwide from 2020 to 2033, by use case (in billion U.S. dollars)

CharacteristicConnected VehiclesConsumer Internet & Media DevicesIT InfrastructureOffice EquipmentPayment TerminalsPersonal Assistance RobotsPersonal Monitoring & TrackingPortable Information TerminalsWhite GoodsAsset Tracking & MonitoringAutonomous VehiclesInventory Management & MonitoringPrecision Specialist RobotsReal World 'Visualisation'Remote Diagnostics & MaintenanceRemote Process ControlSmart GridAccess Control & IntercomsBuilding AutomationCCTVEnvironmental MonitoringHVACLightingParking Space MonitoringPublic Information & Advertising ScreensRoad Infrastructure Monitoring & ControlSecurity & Fire Alarms
2033* 212 43.4 0.9 1.9 63.1 12.6 29.1 7.8 4.8 40.7 29.6 21.8 42.7 11.7 2.3 3.9 76.8 2.6 93.5 84.2 4.7 40.1 3.7 0.1 2.7 46.8 50.7
2032* 200.3 38.7 0.9 1.9 61.6 10.9 26.8 7.2 4 38.1 24.1 20.1 39.2 9.9 2 3.6 71.1 2.5 88 80.1 4.1 35.5 3.3 0.1 2.5 46.2 47.2
2031* 187.8 34 0.9 1.8 59.9 9.4 24.4 6.6 3.2 35.5 19.3 18.4 35.7 8.2 1.8 3.4 65.4 2.4 82.3 75.8 3.6 31.2 2.9 0.1 2.2 45.5 44
2030* 174.5 29.4 0.9 1.8 58.2 7.9 22 6 2.5 32.7 15.2 16.9 32.2 6.7 1.6 3.1 59.6 2.2 76.4 71.4 3.1 27.3 2.6 0.1 2 44.7 41
2029* 160.6 25 0.9 1.7 56.3 6.6 19.6 5.4 1.9 29.8 11.8 15.5 28.7 5.4 1.4 2.9 53.6 2 70.2 66.9 2.8 23.7 2.2 0.1 1.8 44 38.2
2028* 146.3 20.8 0.8 1.7 54.2 5.4 17.2 4.8 1.4 26.8 9 14.1 25.2 4.2 1.2 2.7 47.8 1.9 64.1 62.2 2.4 20.5 1.8 0.1 1.6 43.1 35.6
2027* 131.5 17.1 0.8 1.7 52 4.4 15 4.2 1 23.8 6.8 12.9 21.9 3.3 1 2.5 42.3 1.7 58.3 57.4 2.1 17.6 1.5 0.1 1.4 42.1 33.2
2026* 116.5 13.8 0.8 1.7 49.7 3.4 13 3.7 0.7 21 5.1 11.7 18.8 2.6 0.9 2.4 37.4 1.5 52.5 52.6 1.9 15.1 1.3 0.1 1.3 40.8 31
2025* 101.6 11 0.8 1.7 46.8 2.6 11 3.2 0.4 18.2 3.7 10.6 15.9 1.9 0.7 2.2 32.9 1.3 46.6 47.6 1.7 12.8 1 0.1 1.1 39.2 28.8
2024* 87.1 8.7 0.8 1.7 43.4 2 9.1 2.7 0.3 15.5 2.7 9.6 13.4 1.4 0.6 2.1 28.6 1.1 40.2 42.3 1.5 10.7 0.8 0.1 0.9 37 26.5
2023* 73.2 6.7 0.7 1.7 39.2 1.4 7.4 2.1 0.2 12.8 1.9 8.5 10.9 0.9 0.5 1.9 24.5 0.9 32.8 36.6 1.3 8.6 0.6 0 0.8 34.5 24
2022 62.1 4.7 0.5 1.9 32.1 0.9 4.5 0 0 10.3 0.8 7 8 1.7 0.4 1.6 20.7 0.5 18.2 25.7 1.2 5.5 0.5 0 0.6 29.8 12.5
2021 50.8 3.5 0.5 2 28.7 0.6 3.6 0 0 8.1 0.5 6 6.7 1.3 0.3 1.5 17.2 0.4 14.4 22.1 1.1 4.3 0.4 0 0.5 27.3 11.5
Showing entries 1 to 13 (14 entries in total)
Created with Highcharts 7.2.2Revenue in billion U.S. dollars181.8181.8213.3213.3251.7251.7334.6334.6390.8390.8445.4445.4501.3501.3557.6557.6616.9616.9679679742742805.7805.7869.9869.9934.2934.2Connected VehiclesConsumer Internet & Media DevicesIT InfrastructureOffice EquipmentPayment TerminalsPersonal Assistance RobotsPersonal Monitoring & TrackingPortable Information TerminalsWhite GoodsAsset Tracking & MonitoringAutonomous VehiclesInventory Management & MonitoringPrecision Specialist RobotsReal World 'Visualisation'Remote Diagnostics & MaintenanceRemote Process ControlSmart GridAccess Control & IntercomsBuilding AutomationCCTVEnvironmental MonitoringHVACLightingParking Space MonitoringPublic Information & Advertising ScreensRoad Infrastructure Monitoring & ControlSecurity & Fire Alarms2020202120222023*2024*2025*2026*2027*2028*2029*2030*2031*2032*2033*
02505007501,0001,250

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May 2024

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Survey time period

2020 to 2024

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