The statistic shows a forecast of the economic impact of the Internet of Things (IoT) by the year 2025, with both a low and high estimate. By that time, the economic impact of the Internet of Things on the home environment is estimated to be between 200 and 350 billion U.S. dollars. In total, the economic impact is forecast to be between 3.9 and 11.1 trillion U.S. dollars.
Forecast economic impact of the Internet of Things (IoT) in 2025
(in billion U.S. dollars)
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McKinsey & Company. (July 24, 2015). Forecast economic impact of the Internet of Things (IoT) in 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/580778/worldwide-internet-of-things-economic-impact-forecast/
McKinsey & Company. "Forecast economic impact of the Internet of Things (IoT) in 2025 (in billion U.S. dollars)." Chart. July 24, 2015. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/580778/worldwide-internet-of-things-economic-impact-forecast/
McKinsey & Company. (2015). Forecast economic impact of the Internet of Things (IoT) in 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/580778/worldwide-internet-of-things-economic-impact-forecast/
McKinsey & Company. "Forecast Economic Impact of The Internet of Things (Iot) in 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Jul 2015, https://www.statista.com/statistics/580778/worldwide-internet-of-things-economic-impact-forecast/
McKinsey & Company, Forecast economic impact of the Internet of Things (IoT) in 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/580778/worldwide-internet-of-things-economic-impact-forecast/ (last visited December 21, 2024)
Forecast economic impact of the Internet of Things (IoT) in 2025 (in billion U.S. dollars) [Graph], McKinsey & Company, July 24, 2015. [Online]. Available: https://www.statista.com/statistics/580778/worldwide-internet-of-things-economic-impact-forecast/