Enterprise Internet of Things (IoT) is going to be the largest sub-sector of the global IoT industry in 2021, with spending in this sector amounting to 76 percent of the overall spending. Enterprise IoT is the deployment of smart connected devices in business processes to reduce redundant manual work and increase business efficiency.
Distribution of Internet of Things (IoT) spending worldwide in 2021, by sub-market
Characteristic
Spending share
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UBS. (June 23, 2020). Distribution of Internet of Things (IoT) spending worldwide in 2021, by sub-market [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/270843/distribution-of-internet-of-things-revenue/
UBS. "Distribution of Internet of Things (IoT) spending worldwide in 2021, by sub-market." Chart. June 23, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/270843/distribution-of-internet-of-things-revenue/
UBS. (2020). Distribution of Internet of Things (IoT) spending worldwide in 2021, by sub-market. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/270843/distribution-of-internet-of-things-revenue/
UBS. "Distribution of Internet of Things (Iot) Spending Worldwide in 2021, by Sub-market." Statista, Statista Inc., 23 Jun 2020, https://www.statista.com/statistics/270843/distribution-of-internet-of-things-revenue/
UBS, Distribution of Internet of Things (IoT) spending worldwide in 2021, by sub-market Statista, https://www.statista.com/statistics/270843/distribution-of-internet-of-things-revenue/ (last visited August 24, 2024)
Distribution of Internet of Things (IoT) spending worldwide in 2021, by sub-market [Graph], UBS, June 23, 2020. [Online]. Available: https://www.statista.com/statistics/270843/distribution-of-internet-of-things-revenue/