The number of IoT devices is expected to surpass 75 billion by 2025. As of 2020, the world has around 27 billion IoT connected devices. The 200% increase, from 2016, will be mainly driven by the reduced IoT hardware costs, Juniper Research claims. The number of internet of things (IoT) devices around the world will be more than 41.6 billion by 2025, generating almost 80 zettabytes of data, according to IDC. These numbers belong to the more humble group of expectations; a few years ago, Intel predicted that, by 2020, the number of IoT devices would reach 200 billion. The research group predicts this number will balloon to 30 billion by 2025, for an average of 4 IoT devices per person. According to IoT Analytics’ State of IoT Q4 2020 & Outlook 2021 Report, 11.7 of the 21.7 billion active connected devices worldwide will be IoT connections by the end of the year. “IoT devices are expected to continue to grow much faster than the quasi-saturated market of non-IoT devices. By 2025, it is expected that there will be more than 30 billion IoT connections, almost 4 IoT devices per person on average. (Source: Business Insider, IoT Analytics, Gartner, Intel) According to the latest research, the number of IoT devices globally is believed to have reached 10 billion in 2018. NB-IoT and LTE-M (Cat-M) will account for 52 per cent of cellular IoT connections by the end of period, reckons Ericsson. For comparison, the analysts expect 7.4 billion devices will be active by the end of 2020. It’s estimated that global IoT spending will total $15 trillion in the six-year period between 2019 and 2025. The number of connected Internet of Things (IoT) devices in 2019 was 26.66 billion. The study also reported that global IoT connections will reach 38.6 billion by 2025. Since 2011, the Ericsson Mobility Report has been a leading source of knowledge on the state and future of the mobile world. The amount of data generated by connected internet of things ( The amount of data from the Internet of Things (IoT) that is analyzed and used to change business processes will be as big in 2025 as the amount of all the data created in 2020. Juniper Research found that the number of connected IoT devices, sensors and actuators (important terms for comparison purposes) will triple to over 46 billion. The total number of mobile subscriptions is around eight billion, at the end of the third quarter of 2019. Gartner, Inc. forecasts that the enterprise and automotive Internet of Things (IoT) market* will grow to 5.8 billion endpoints in 2020, a 21% increase from 2019. There were 15.4 billion “connected” devices in 2015, and IHS projects there will be 30.7 billion IoT devices in 2020, jumping to 75.4 billion by 2025. In 2017, 27 billion devices were connected using IoT. (Source: IOT Analytics) The global IoT market was worth over $150 billion in 2018 and is expected to exceed $1.5 trillion by 2025. Number of IoT Connected Devices to Hit 16.4B by 2025 Statistics show China represents the leading country with 3.17 billion IoT devices in 2020, while the consumer sector accounted for 60% of all devices last year. “The IoT will continue to deliver new opportunities for digital business innovation for the next decade, many of which will be enabled by new or improved technologies,” said Nick Jones, research vice president at Gartner. While Ericsson projected that the number of IoT devices with cellular connections is anticipated to touch 1.5 billion in 2022, Grand View Research estimated that the value of the cellular IoT market will go up to $9.65 billion by 2025 from almost $1.8 billion in 2016. The global Internet of Things (IoT) market will exceed $1 trillion in value by 2025, with more than half of connected devices set to be deployed in business settings. IDC found that there will be 80 billion connected devices in 2025, helping generate 180 trillion gigabytes of new data that year. But with all these mind-boggling numbers only 0.06% of ‘things’ that could be connected to the Internet actually are. Industrial IoT connections will outpace consumer connections by 2025, according to recent analysis by GSMA Intelligence. The figures are expected to increase by 500% in 2025 and have an estimated value of $1.5 trillion dollars. It already seems like everything is getting connected to the internet, these days. It’s estimated that the number of active IoT devices will surpass 30.73 billion in 2020. Some 100 billion connected devices are expected to be built in 2025, generating almost $10 trillion in revenue. Cellular IoT connections will increase at a compund annual rate of 25 per cent per year through to the end of 2025. Through data analysis features, IoT has increased efficiency and optimized human-to-machine interaction in multiple sectors, including automotive, goods and services, consumer durables and industrial and utility components. The study is broken out by region: North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Other firms have adopted similar tones: IHS Markit projects 30.7 billion IoT devices for 2020, and Gartner expects 20.8 billion by that time (excluding smartphones, tablets, and computers). Last year, there were 22 billion IoT … According to Gartner report, by 2020 connected devices across all technologies will reach to 20.6 billion. Narrowband-IoT (NB‑IoT) is an emerging wireless IoT communication technology that can connect IoT devices over a wider area and in places that are difficult to access manually using limited bandwidth. The North American market is broken down between the United States and Canada. The number of devices connected to the internet is expected to reach 50 billion worldwide at the end of 2030, according to the latest research from Strategy Analytics. HP did a small survey in which they […] By the end of 2019, 4.8 billion endpoints are expected to be in use, up 21.5% from 2018. While at the moment consumer devices account for the majority of connections globally, by 2025 that will reverse, according to Sylwia Kechiche, principal analyst, IoT, GSMA Intelligence, the research arm of the global trade group for mobile operators. As of 2018, over half of all IoT devices were connected to Wireless Personal Area Networks, such as Bluetooth, Zigbee, and Z-Wave. The number of devices connected to the internet reached 22 billion worldwide at the end of 2018, according to the latest research from Strategy Analytics. The number is anticipated to grow to 75 billion by 2025, according to Statista. By 2025, there will be 152,200 IoT devices connecting to the internet per minute. Find out more about the industry’s development by downloading our past and present reports below. Internet of Things (IoT) is leading the change with its technology spreading over various devices including home basics. There are expected to be more than 64B IoT devices worldwide by 2025. The largest markets for IoT devices are the US, Western Europe, and China. Video surveillance will generate a lot of data and enterprise, industrial and individual data will also surge. As of 2019, more than 26.66 billion IoT devices have been active. This share is forecast to stay at the same level over the next ten years. The study is a combination of enterprise and consumer devices. (Source: IOT Analytics) The global narrowband-IoT (NB-IoT) market size was valued at USD 578.0 million in 2018 and is expected to register a CAGR of 34.9% from 2019 to 2025. However, it’s not by 2020 but by 2021. Gartner, Inc. today highlighted the top strategic Internet of Things (IoT) technology trends* that will drive digital business innovation from 2018 through 2023. A report from Juniper Research suggests the number of active smart home devices will exceed 13 billion by 2025. The study is a detailed forecast of the total number of IoT devices globally. Number of IoT Connected Devices to Hit 16.4bn by 2025 Statistics show China represents the leading country with 3.17 billion IoT devices in 2020, while the … The current forecast is that there will be 31 billion connected IoT devices by 2025 further driven by new technology standards like LPWA and 5G as well as continued strong IoT device adoption across industries.” The $170 billion IoT market is expected to grow to $561 billion by 2022. In just six short years from now, the number of IoT devices is expected to nearly triple and reach 75.4 billion by the year 2025. IoT Connectivity by Technology Market Analysis – By-2025. This is one of many findings in IoT Analytics’ latest reports State of the IoT Q4 2020 & 2021 outlook as well as the updated Cellular IoT connectivity & LPWA Market Tracker 2010-2025 (Q4/2020 update) . This number is expected to increase to 125 billion by just 2030, which will put about 15 connected devices into the hands of every consumer. The rapid proliferation of smart home devices over the next five years is expected to be propelled by entertainment-related tech in particular. The data generation from IoT devices is expected to witness a CAGR of around 28.7% during the forecast period (2018-2025). IoT devices to generate 79.4ZB of data in 2025, says IDC. The report, "Global Sensors in Internet of Things (IoT) Devices Market, Analysis & Forecast: 2016 to 2022; (Focus on Pressure, Temperature, Light, Chemical, & Motion Sensors; and Applications in Healthcare, Manufacturing, Retail & Transportation),” also projects more than 100 billion IoT connected devices will be installed by 2025, generating a revenue close to $10 trillion. If the projections pan out, the IoT market will see incredible growth over the next decade. Basically a connected life. Note that this is higher than the number of mobile devices in use in the world. Each region is also broken down by application. We’ll see a proliferation of connected devices in our future. DETROIT – This new wave of connectivity is going beyond laptops and smartphones, it’s going towards connected cars, smart homes, connected wearables, smart cities and connected healthcare. Most IoT devices are those we’re using at home, or at work. 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