The Internet of Things (IoT) is a rapidly growing technology that has been transforming the way we live and work. As more businesses adopt IoT technologies, it’s important to stay up-to-date on the latest statistics related to this revolutionary technology. In this blog post, we’ll take a look at 20 key stats about IoT from 2020 and beyond. From market size projections to device usage trends in different industries, these numbers provide insight into how far IoT has come and where it may be headed in the future. Let’s dive right in.
This statistic is a testament to the sheer magnitude of the Internet of Things (IoT) revolution. By 2025, the number of connected IoT devices is projected to reach an astonishing 30.9 billion, a figure that is sure to have a profound impact on the way we live and work. This statistic is a clear indication that the IoT is here to stay and will continue to shape the future of technology.
IoT devices generated about 33 zettabytes of data in 2018, and this number is expected to reach 79 zettabytes by 2025.
This statistic is a testament to the sheer amount of data that is being generated by IoT devices, and the exponential growth of this data over the next few years. It is a clear indication of the increasing importance of IoT technology and its potential to revolutionize the way we interact with the world around us. This statistic is a powerful reminder of the potential of IoT and the need to ensure that it is used responsibly and securely.
Internet Of Things Statistics Overview
More than 75% of the IoT global market is held by non-consumer industries.
This statistic is a testament to the power of the Internet of Things in the business world. It shows that the technology is being embraced by a wide range of industries, from manufacturing to healthcare, and is being used to drive efficiency and productivity. This statistic is a clear indication that the Internet of Things is here to stay and is becoming an integral part of the modern business landscape.
Smart homes represent the largest IoT application, counting for 27% of IoT projects.
This statistic is a clear indication of the potential of the Internet of Things. Smart homes are the largest application of IoT, showing that the technology is being used to make everyday life easier and more efficient. This statistic highlights the importance of IoT in our lives and how it is becoming increasingly integrated into our homes.
The Industrial Internet of Things (IIoT) market is expected to reach $123.8 billion by 2021.
This statistic is a testament to the immense potential of the Industrial Internet of Things (IIoT) market. It is a clear indication that the IIoT market is on the rise and is expected to reach a staggering $123.8 billion by 2021. This is a remarkable figure that speaks volumes about the potential of the IIoT market and its ability to revolutionize the way businesses operate. It is a clear indication that the IIoT is here to stay and is set to become an integral part of the global economy.
Up to 95% of all new product designs will include IoT connectivity by 2024.
This statistic is a powerful indicator of the future of the Internet of Things. By 2024, it is projected that nearly all new product designs will include IoT connectivity, demonstrating the widespread adoption of this technology. This statistic speaks to the potential of the Internet of Things to revolutionize the way we interact with the world around us.
90% of automobiles are expected to have some form of IoT connectivity by 2020.
This statistic is a powerful indicator of the growing prevalence of the Internet of Things. By 2020, it is estimated that nearly all automobiles will be connected to the IoT, demonstrating the rapid expansion of this technology and its potential to revolutionize the automotive industry. This statistic is a testament to the potential of the IoT and its ability to transform the way we interact with our vehicles.
The global IoT in the healthcare market is expected to reach $534.3 billion by 2025.
This statistic is a testament to the immense potential of the Internet of Things in the healthcare sector. It shows that the market is expected to grow exponentially over the next few years, indicating that the IoT is becoming increasingly important in the healthcare industry. This is an important statistic to consider when discussing the impact of the IoT on the healthcare sector, as it demonstrates the potential for growth and innovation in this area.
IoT in agriculture is projected to reach a market value of $48.7 billion by 2025.
This statistic is a testament to the potential of IoT in agriculture, highlighting the immense growth that is expected in the sector over the next few years. It is a clear indication that IoT is becoming increasingly important in the agricultural industry, and that businesses should be taking advantage of the opportunities it presents. This statistic is a powerful reminder of the potential of IoT in agriculture, and should be taken into consideration when discussing the impact of the Internet of Things on the industry.
The global IoT security market is estimated to grow to $9.88 billion by 2025.
This statistic is a testament to the growing importance of IoT security. As the Internet of Things continues to expand, the need for secure networks and data protection is becoming increasingly vital. With the global IoT security market estimated to reach $9.88 billion by 2025, it is clear that businesses and organizations are taking the necessary steps to ensure their data is safe and secure.
Smart cities are expected to create business opportunities worth $2.45 trillion by 2025.
This statistic is a testament to the immense potential of smart cities and the Internet of Things. By 2025, the business opportunities created by smart cities are projected to be worth an incredible $2.45 trillion. This is a staggering figure that speaks to the immense potential of the Internet of Things and its ability to revolutionize the way we live and work.
The global IoT connectivity market is expected to reach $8.9 billion by 2024.
This statistic is a testament to the growing importance of the Internet of Things (IoT) in our lives. It shows that the market for IoT connectivity is expected to skyrocket in the coming years, indicating that more and more people are recognizing the potential of this technology and investing in it. This is a clear sign that IoT is here to stay and will continue to shape the way we live and work in the future.
IoT is expected to generate $4-$11 trillion in global economic value by 2025.
This statistic is a testament to the immense potential of the Internet of Things. By 2025, it is estimated that IoT will create an economic value of up to $11 trillion, which is a staggering amount. This statistic is a clear indication that IoT is a technology that is here to stay and will have a major impact on the global economy.
Nearly 40% of IoT devices are expected to be deployed in the Asia-Pacific region by 2025.
This statistic is indicative of the fact that the Asia-Pacific region is rapidly becoming a hub for the Internet of Things. By 2025, nearly 40% of IoT devices will be deployed in the region, indicating that the region is embracing the technology and its potential to revolutionize the way we live and work. This is an important statistic to consider when discussing the impact of the Internet of Things on the global economy.
The number of IoT devices in households is expected to reach 50 billion by 2022.
This statistic is a testament to the sheer magnitude of the Internet of Things revolution. By 2022, it is estimated that 50 billion IoT devices will be present in households around the world, indicating a massive shift in the way we interact with technology. This statistic is a powerful reminder of the potential of the IoT and the impact it will have on our lives in the near future.
Conclusion
The Internet of Things (IoT) is a rapidly growing technology that has already had an immense impact on the global economy. According to recent statistics, 62% of enterprises are using IoT technologies as of 2020 and the IoT market is expected to reach $520 billion in 2021. By 2025, it’s projected that there will be 30.9 billion connected devices generating 79 zettabytes of data annually. Non-consumer industries hold more than 75% of the global market share while smart homes represent 27% of all projects currently underway. The Industrial Internet Of Things (IIoT) market alone is estimated to reach $123.8 billion by 2021 and 95% new product designs will include some form or another connectivity by 2024 with 90% automobiles having some sort of connection too. Additionally, 60 percent urban residents are predicted to use IoT enabled devices for improved living experiences by 2021 while healthcare applications could generate up to 534 million dollars in revenue over the same period; agriculture stands at 487 million dollars and security 988 million respectively – both figures rising steadily year after year until 2025 when they’ll peak out at their respective values mentioned above. Smart cities meanwhile have created business opportunities worth 2 trillion 45 hundred thousand US Dollars so far with 890 Million being generated from just connectivity services alone – not including other related products & services which would bring this figure even higher if taken into account. Finally, 40 percent total number deployed worldwide shall be located within Asia Pacific region itself come 2022 where 50 Billion household appliances shall also become interconnected via various networks simultaneously making our lives easier than ever before imaginable.
References
0. – https://www.imda.gov.sg
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4. – https://www.iot-analytics.com
5. – https://www.grandviewresearch.com
6. – https://www.mckinsey.com
7. – https://www.juniperresearch.com
8. – https://www.businessinsider.com
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ZipDo, cited June 2023: Internet Of Things Statistics
