The global market for enterprise Internet of things (IoT) is expected to grow to 690 billion U.S. dollars in size by the end of 2030. The technology reached 269 billion dollars in market revenue for the first time in 2023, and forecasts suggest that this figure will grow to around 301 billion by 2024.
Forecast enterprise spending on Internet of Things (IoT) worldwide from 2022 to 2030
(in billion U.S. dollars)
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IoT Analytics. (July 9, 2024). Forecast enterprise spending on Internet of Things (IoT) worldwide from 2022 to 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1369033/global-iot-market-size/
IoT Analytics. "Forecast enterprise spending on Internet of Things (IoT) worldwide from 2022 to 2030 (in billion U.S. dollars)." Chart. July 9, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1369033/global-iot-market-size/
IoT Analytics. (2024). Forecast enterprise spending on Internet of Things (IoT) worldwide from 2022 to 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1369033/global-iot-market-size/
IoT Analytics. "Forecast Enterprise Spending on Internet of Things (Iot) Worldwide from 2022 to 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Jul 2024, https://www.statista.com/statistics/1369033/global-iot-market-size/
IoT Analytics, Forecast enterprise spending on Internet of Things (IoT) worldwide from 2022 to 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1369033/global-iot-market-size/ (last visited December 21, 2024)
Forecast enterprise spending on Internet of Things (IoT) worldwide from 2022 to 2030 (in billion U.S. dollars) [Graph], IoT Analytics, July 9, 2024. [Online]. Available: https://www.statista.com/statistics/1369033/global-iot-market-size/
