This statistic represents a breakdown of the global Internet of Things (IoT) services and applications market in 2020, categorized by application. By 2020, the market for IoT connected things is expected to grow to some 50 billion euros.
Size of the global IoT services and applications market in 2020, by application
(in billion euros)
The source describes the segments as follows: Services: Enables data integration and customization. Applications, analytics: Enables data interpretation. Identity and security: Restricts access to the system; safeguards connected devices. Backbone: Captures & stores data from connected devices. Communications: Enables information exchange between sensors. Connected things: Enables the monitoring of i.e. homes, inventory, packages, and machinery through sensors, moctocontrollers, and procsessors.
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BCG. (February 1, 2017). Size of the global IoT services and applications market in 2020, by application (in billion euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/745730/iot-services-and-applications-market-breakdown-by-application/
BCG. "Size of the global IoT services and applications market in 2020, by application (in billion euros)." Chart. February 1, 2017. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/745730/iot-services-and-applications-market-breakdown-by-application/
BCG. (2017). Size of the global IoT services and applications market in 2020, by application (in billion euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/745730/iot-services-and-applications-market-breakdown-by-application/
BCG. "Size of The Global Iot Services and Applications Market in 2020, by Application (in Billion Euros)." Statista, Statista Inc., 1 Feb 2017, https://www.statista.com/statistics/745730/iot-services-and-applications-market-breakdown-by-application/
BCG, Size of the global IoT services and applications market in 2020, by application (in billion euros) Statista, https://www.statista.com/statistics/745730/iot-services-and-applications-market-breakdown-by-application/ (last visited November 21, 2024)
Size of the global IoT services and applications market in 2020, by application (in billion euros) [Graph], BCG, February 1, 2017. [Online]. Available: https://www.statista.com/statistics/745730/iot-services-and-applications-market-breakdown-by-application/
