It is estimated that structural monitoring IoT products and services will have an economic value between 20 to 50 billion U.S. dollars by 2025, and this range is forecast to grow between 50 to 130 billion U.S. dollars by 2030.
Estimated economic value from structural monitoring IoT worldwide in 2025 and 2030
(in billion U.S. dollars)
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McKinsey & Company. (April 5, 2022). Estimated economic value from structural monitoring IoT worldwide in 2025 and 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1318791/economic-value-from-iot-structural-monitoring/
McKinsey & Company. "Estimated economic value from structural monitoring IoT worldwide in 2025 and 2030 (in billion U.S. dollars)." Chart. April 5, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1318791/economic-value-from-iot-structural-monitoring/
McKinsey & Company. (2022). Estimated economic value from structural monitoring IoT worldwide in 2025 and 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1318791/economic-value-from-iot-structural-monitoring/
McKinsey & Company. "Estimated Economic Value from Structural Monitoring Iot Worldwide in 2025 and 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Apr 2022, https://www.statista.com/statistics/1318791/economic-value-from-iot-structural-monitoring/
McKinsey & Company, Estimated economic value from structural monitoring IoT worldwide in 2025 and 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1318791/economic-value-from-iot-structural-monitoring/ (last visited December 22, 2024)
Estimated economic value from structural monitoring IoT worldwide in 2025 and 2030 (in billion U.S. dollars) [Graph], McKinsey & Company, April 5, 2022. [Online]. Available: https://www.statista.com/statistics/1318791/economic-value-from-iot-structural-monitoring/
