The IoT traffic control products and services are forecast to have an economic value between 50 to 210 billion U.S. dollars by 2025. This range is forecast to grow between 100 to 390 billion U.S. dollars by 2030.
Estimated economic value from IoT traffic control worldwide in 2025 and 2030
(in billion U.S. dollars)
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Lower-end scenario
Upper-end scenario
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McKinsey & Company. (April 5, 2022). Estimated economic value from IoT traffic control worldwide in 2025 and 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1318764/economic-value-from-iot-traffic-control/
McKinsey & Company. "Estimated economic value from IoT traffic control worldwide in 2025 and 2030 (in billion U.S. dollars)." Chart. April 5, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1318764/economic-value-from-iot-traffic-control/
McKinsey & Company. (2022). Estimated economic value from IoT traffic control worldwide in 2025 and 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1318764/economic-value-from-iot-traffic-control/
McKinsey & Company. "Estimated Economic Value from Iot Traffic Control Worldwide in 2025 and 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Apr 2022, https://www.statista.com/statistics/1318764/economic-value-from-iot-traffic-control/
McKinsey & Company, Estimated economic value from IoT traffic control worldwide in 2025 and 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1318764/economic-value-from-iot-traffic-control/ (last visited August 25, 2024)
Estimated economic value from IoT traffic control worldwide in 2025 and 2030 (in billion U.S. dollars) [Graph], McKinsey & Company, April 5, 2022. [Online]. Available: https://www.statista.com/statistics/1318764/economic-value-from-iot-traffic-control/