GITNUX MARKETDATA REPORT 2024
Iot Integration Industry Statistics
The IoT integration industry is projected to experience significant growth in the coming years, with a steady increase in the number of connected devices and the demand for seamless integration across various sectors.
In this post, we explore key statistics and forecasts shaping the landscape of IoT integration in the industry. From projected market values and spending trends to the essential role of IoT in digital transformation, these statistics shed light on the significant impact and potential growth of IoT technologies in various sectors.
Statistic 1
"By 2022, the IoT integration market is projected to reach USD 56.8 billion globally, according to a forecast by MarketsandMarkets."
Statistic 2
"Spending on IoT in the industrial sector is set to be $20.6 billion by 2024, according to Mordor Intelligence."
Statistic 3
"A report by Capgemini found that 76 percent of industrial companies see IoT as essential to their digital transformation."
Statistic 4
"By 2025, the total number of IoT devices is expected to hit 30.9 billion units, according to data from Statista."
Statistic 5
"According to Bain & Company, expected IoT markets in industrial sectors could double in size to $520 billion by 2021."
Statistic 6
"As of January 2021, IoT Analytics revealed that there are 622 publicly announced IoT projects worldwide."
Statistic 7
"Accenture suggests that industrial IoT could add $14.2 trillion to the global economy by 2030."
Statistic 8
"Industrial IoT market is expected to reach USD 771.72 billion by 2026 at a CAGR of 29.4%, according to Market Research Future."
Statistic 9
"Reports suggest that the healthcare industry is projected to adopt IoT massively, reaching $534.3 billion in 2025."
Statistic 10
"61% of organizations believe that IoT has become the standard practice for all companies in their industry, according to Kaspersky."
Statistic 11
"IoT in the manufacturing segment alone will generate $150 billion in revenue by 2025, according to Vodafone."
Statistic 12
"Cisco predicts that IoT devices will create 847 zettabytes (ZB) per year by 2021."
Statistic 13
"According to Zebra Technologies, 84% of companies expect to finish IoT implementation within the next two years."
Statistic 14
"Siemens predicts that by 2020, 50% of new applications developed on PaaS will be IoT-centric."
Statistic 15
"68% of businesses are currently using IoT technologies or are in the process of adopting them, according to Forbes."
Statistic 16
"The industrial manufacturing sector is projected to spend $375 billion on IoT in 2022, making it one of the biggest spenders, according to IDC."
Statistic 17
"According to Security Today, 84% of companies have already seen a breach caused by issues with IoT device security."
Statistic 18
"By 2030, McKinsey estimates that IoT will have a potential annual economic impact of $3.9 trillion to $11.1 trillion."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
