According to a 2021 report, the largest share of the estimated economic value of IoT worldwide by 2030 is expected to be generated through operations optimization, with 41 percent of the estimated IoT economic value originating from this use case cluster. Human productivity and health follow operations optimization, with the source indicating that each cluster is estimated to contribute to 15 percent of the economic value of IoT by 2030.
Global distribution of economic value of IoT in 2030, by use case cluster
Values may not sum to 100 percent, because of rounding
Top segments within use cases,
Factories: Manufacturing
Human Health: Monitoring and treating illness
Work Sites: Construction
City: Centralized and adaptive traffic control
Retail Environments: Self-checkout
Outside: Autonomous vehicles
Home: Chore automation
Vehicles: Insurance - Personal transportation
Offices: HR redesign
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McKinsey & Company. (April 5, 2022). Global distribution of economic value of IoT in 2030, by use case cluster [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1318733/economic-value-from-iot-use-case-cluster/
McKinsey & Company. "Global distribution of economic value of IoT in 2030, by use case cluster." Chart. April 5, 2022. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1318733/economic-value-from-iot-use-case-cluster/
McKinsey & Company. (2022). Global distribution of economic value of IoT in 2030, by use case cluster. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1318733/economic-value-from-iot-use-case-cluster/
McKinsey & Company. "Global Distribution of Economic Value of Iot in 2030, by Use Case Cluster." Statista, Statista Inc., 5 Apr 2022, https://www.statista.com/statistics/1318733/economic-value-from-iot-use-case-cluster/
McKinsey & Company, Global distribution of economic value of IoT in 2030, by use case cluster Statista, https://www.statista.com/statistics/1318733/economic-value-from-iot-use-case-cluster/ (last visited October 31, 2024)
Global distribution of economic value of IoT in 2030, by use case cluster [Graph], McKinsey & Company, April 5, 2022. [Online]. Available: https://www.statista.com/statistics/1318733/economic-value-from-iot-use-case-cluster/
