It is estimated that house chore automation IoT will have an economic value of between 190 and 350 billion U.S. dollars by 2025, and is expected to grow to between 290 and 580 billion U.S. dollars by 2030.
Estimated economic value from chore automation IoT 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 chore automation IoT worldwide in 2025 and 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1319044/economic-value-from-iot-chore-automation/
McKinsey & Company. "Estimated economic value from chore automation IoT worldwide in 2025 and 2030 (in billion U.S. dollars)." Chart. April 5, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1319044/economic-value-from-iot-chore-automation/
McKinsey & Company. (2022). Estimated economic value from chore automation IoT worldwide in 2025 and 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1319044/economic-value-from-iot-chore-automation/
McKinsey & Company. "Estimated Economic Value from Chore Automation Iot Worldwide in 2025 and 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Apr 2022, https://www.statista.com/statistics/1319044/economic-value-from-iot-chore-automation/
McKinsey & Company, Estimated economic value from chore automation IoT worldwide in 2025 and 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1319044/economic-value-from-iot-chore-automation/ (last visited August 25, 2024)
Estimated economic value from chore automation IoT worldwide in 2025 and 2030 (in billion U.S. dollars) [Graph], McKinsey & Company, April 5, 2022. [Online]. Available: https://www.statista.com/statistics/1319044/economic-value-from-iot-chore-automation/