The statistic shows the number of IoT connected things worldwide from 2018 to 2025, by type. In 2018, there were *** billion connected objects worldwide in the consumer sector.

The statistic shows the number of Internet of Things (IoT) devices connected worldwide in 2017 and 2018, by sector. In 2018, the number of IoT devices connected in the consumer sector is expected to reach *** billion.

The statistic shows the number of Internet of Things (IoT) devices connected worldwide in 2017 and 2018, by selected type. In 2018, the number of IoT devices connected in connected and smart homes is expected to reach *** billion.

The number of Internet of Things (IoT) devices worldwide is forecast to more than double from 19.8 billion in 2025 to more than 40.6 billion IoT devices by 2034. In 2034, the highest number of IoT devices will be found in China, with around 7.51 billion consumer devices. IoT devices are used in all types of industry verticals and consumer markets, with the consumer segment accounting for around 60 percent of all IoT or connected devices in 2025. This share is projected to stay at this level over the next ten years. Major verticals and use cases Major industry verticals with currently more than 100 million connected IoT devices are electricity, gas, steam & A/C, water supply & waste management, retail & wholesale, transportation & storage, and government. Overall, the number of IoT devices across all industry verticals is forecast to grow to more than eight billion by 2033. Major use-cases The most important use case for IoT devices in the consumer segment are consumer internet & media devices such as smartphones, where the number of IoT devices is forecast to grow to more than 17 billion by 2033. Other use cases with more than one billion IoT devices by 2033 are connected (autonomous) vehicles, IT infrastructure, asset tracking & monitoring, and smart grid.

By 2025 the total number of consumer and industrial Internet of Things (IoT) connections in North America is forecast to grow to *** billion. In 2019, the number of IoT connections in North America amounted to *** billion connections.

The revenue in the internet of things market worldwide was modeled to stand at ************** U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************** U.S. dollars since 2018. Between 2024 and 2029, the revenue will rise by ************** U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

The number of Internet of Things (IoT) cyber attacks worldwide amounted to over *** million in 2022. Over the recent years, this figure has increased significantly from around ** million detected cases in 2018. In the latest measured year, the year-over-year increase in the number of Internet of Things (IoT) malware incidents was ** percent.

The revenue in the internet of things market in Mexico was modeled to be ************* U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************ U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

By 2025, forecasts suggest that there will be more than ** billion Internet of Things (IoT) connected devices in use. This would be a nearly threefold increase from the IoT installed base in 2019. What is the Internet of Things? The IoT refers to a network of devices that are connected to the internet and can “communicate” with each other. Such devices include daily tech gadgets such as the smartphones and the wearables, smart home devices such as smart meters, as well as industrial devices like smart machines. These smart connected devices are able to gather, share, and analyze information and create actions accordingly. By 2023, global spending on IoT will reach *** trillion U.S. dollars. How does Internet of Things work? IoT devices make use of sensors and processors to collect and analyze data acquired from their environments. The data collected from the sensors will be shared by being sent to a gateway or to other IoT devices. It will then be either sent to and analyzed in the cloud or analyzed locally. By 2025, the data volume created by IoT connections is projected to reach a massive total of **** zettabytes. Privacy and security concerns   Given the amount of data generated by IoT devices, it is no wonder that data privacy and security are among the major concerns with regard to IoT adoption. Once devices are connected to the Internet, they become vulnerable to possible security breaches in the form of hacking, phishing, etc. Frequent data leaks from social media raise earnest concerns about information security standards in today’s world; were the IoT to become the next new reality, serious efforts to create strict security stands need to be prioritized.

The revenue in the internet of things market in Indonesia was modeled to stand at ************ U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************ U.S. dollars since 2018. Between 2024 and 2029, the revenue will rise by ************ U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

The revenue in the internet of things market in Brazil was modeled to be ************* U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************* U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

The revenue in the internet of things market in Panama was modeled to amount to ************** U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************** U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

The revenue in the internet of things market in Honduras was modeled to stand at ************** U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************** U.S. dollars since 2018. Between 2024 and 2029, the revenue will rise by ************** U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

As of 2024, *** billion U.S. dollars were spent on the Internet of Things (IoT) technology worldwide. It was a substantial decrease from the last year and, overall, the lowest result within the document years. Why IoT Security is increasingly becoming a major concern for businesses. In fact, when asked why they were adopting Internet of Things, the majority of European IoT adopters stated that the reason was to improve security. In fact, over *** billion U.S. dollars were spent on IT security in 2019 worldwide. Reducing operational costs and improving efficiency were also popular motivations for adoption IoT. Funding & spending More and more organizations seem to be investing in IoT and their number amounted to ***** thousand organizations in Europe as of May 2020. The funding amounted to over **** billion U.S. dollars. Additionally, technology spending into smart city initiatives reached *** billion U.S. dollars worldwide in 2019.

The revenue in the internet of things market in Ecuador was modeled to be ************** U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************* U.S. dollars since 2018. Between 2024 and 2029, the revenue will rise by ************** U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

The revenue in the internet of things market in Peru was modeled to stand at ************ U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by *********** U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

In 2019, the forecasted number of Internet of Things (IoT) devices in Brazil added up to ***** million. By 2023, it was forecasted that the number would increase to over ***** million. In 2021, the Brazilian IoT market is expected to be worth **** billion U.S. dollars.

The revenue in the internet of things market in Uruguay was modeled to stand at ************** U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************** U.S. dollars since 2018. Between 2024 and 2029, the revenue will rise by ************* U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

The revenue in the internet of things market in Paraguay was modeled to amount to ************* U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************** U.S. dollars since 2018. Between 2024 and 2029, the revenue will rise by ************** U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Internet of Things.

The amount of investment in the Internet of Things (IoT) sector has fluctuated over the years, having peaked in 2018 at about ** million U.S. dollars and then decreased to ** million U.S. dollars in 2022.