The revenue of Internet of Things (IoT) solutions in the retail and trade sector reached 19.5 billion Russian rubles in 2020. According to the forecast, the investment of retailers in the IoT technology would decline in 2021 and 2022, but recover in 2023. Examples of IoT usage in retail include solutions to control the stock of products or automated tracking of customer preferences for marketing purposes.
Revenue of Internet of Things (IoT) in retail and trade in Russia from 2020 to 2023
(in billion Russian rubles)
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Revenue in billion Russian rubles
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Content-Review.com. (July 15, 2021). Revenue of Internet of Things (IoT) in retail and trade in Russia from 2020 to 2023 (in billion Russian rubles) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1251893/retail-and-trade-iot-revenue-russia/
Content-Review.com. "Revenue of Internet of Things (IoT) in retail and trade in Russia from 2020 to 2023 (in billion Russian rubles)." Chart. July 15, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1251893/retail-and-trade-iot-revenue-russia/
Content-Review.com. (2021). Revenue of Internet of Things (IoT) in retail and trade in Russia from 2020 to 2023 (in billion Russian rubles). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1251893/retail-and-trade-iot-revenue-russia/
Content-Review.com. "Revenue of Internet of Things (Iot) in Retail and Trade in Russia from 2020 to 2023 (in Billion Russian Rubles)." Statista, Statista Inc., 15 Jul 2021, https://www.statista.com/statistics/1251893/retail-and-trade-iot-revenue-russia/
Content-Review.com, Revenue of Internet of Things (IoT) in retail and trade in Russia from 2020 to 2023 (in billion Russian rubles) Statista, https://www.statista.com/statistics/1251893/retail-and-trade-iot-revenue-russia/ (last visited August 25, 2024)
Revenue of Internet of Things (IoT) in retail and trade in Russia from 2020 to 2023 (in billion Russian rubles) [Graph], Content-Review.com, July 15, 2021. [Online]. Available: https://www.statista.com/statistics/1251893/retail-and-trade-iot-revenue-russia/