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Internet of Things In The Market

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Forest Interactive
Forest Interactive

It is forecasted that we will live in a hyper-connected world in the near future as the connectivity for Internet of Things worldwide will reach up to 24 billion in 2025. Asia Pacific will be one of the most IoT connected regions led by China with more than 2 billion connections. Here are some interesting key numbers for IoT!

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INTERNET OF THINGS IN THE MARKET @forestinteractive © GSMA Intelligence $906 billion IoT revenue in 2025. 38% Asia Pacific’s share of IoT revenue in 2025. 24 billion IoT connections worldwide by 2025. 10% growth in the market in 2020 with vendors extending trial periods. 2.27 billion Licensed IoT connections in China by 2025, being one of the biggest markets for IoT technology.

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Internet of Things In The Market

  • 1. INTERNET OF THINGS IN THE MARKET @forestinteractive © GSMA Intelligence $906 billion IoT revenue in 2025. 38% Asia Pacific’s share of IoT revenue in 2025. 24 billion IoT connections worldwide by 2025. 10% growth in the market in 2020 with vendors extending trial periods. 2.27 billion Licensed IoT connections in China by 2025, being one of the biggest markets for IoT technology.