The revenue of Internet of Things (IoT) in Russia exceeded 69 billion Russian rubles in 2020. The industry grew at an average rate of 6.5 percent each year between 2018 and 2020. IoT refers to a large network of physical devices that can be connected to the internet. By gathering and sharing data online, such devices can increase efficiency of processes in various industries far beyond the technology sector, such as at home or in transportation.
Revenue of Internet of Things (IoT) in Russia from 2019 to 2020
(in billion Russian rubles)
* The 2019 figure is a Statista estimate based on the 2020 value and the annual growth rate from 2019 to 2020 of 8.2%, which were provided by the source.
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Statista. (September 15, 2021). Revenue of Internet of Things (IoT) in Russia from 2019 to 2020 (in billion Russian rubles) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1263941/iot-revenue-russia/
Statista. "Revenue of Internet of Things (IoT) in Russia from 2019 to 2020 (in billion Russian rubles)." Chart. September 15, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1263941/iot-revenue-russia/
Statista. (2021). Revenue of Internet of Things (IoT) in Russia from 2019 to 2020 (in billion Russian rubles). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1263941/iot-revenue-russia/
Statista. "Revenue of Internet of Things (Iot) in Russia from 2019 to 2020 (in Billion Russian Rubles)." Statista, Statista Inc., 15 Sep 2021, https://www.statista.com/statistics/1263941/iot-revenue-russia/
Statista, Revenue of Internet of Things (IoT) in Russia from 2019 to 2020 (in billion Russian rubles) Statista, https://www.statista.com/statistics/1263941/iot-revenue-russia/ (last visited December 22, 2024)
Revenue of Internet of Things (IoT) in Russia from 2019 to 2020 (in billion Russian rubles) [Graph], Statista, September 15, 2021. [Online]. Available: https://www.statista.com/statistics/1263941/iot-revenue-russia/
