The document discusses the growing IoT market and its projected economic impact. It notes that over 30 billion IoT devices are estimated to be in use by 2020, with the consumer electronics industry exceeding $2 trillion and hardware accounting for 35% of the $1.7 trillion global IoT market. Various sources project the IoT having the potential to generate $4-$11 trillion in economic value by 2025, with industries like factories benefiting most.

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4. –Estimated
“Over 30 Billion IoT
devices by 2020.”

5. –The Consumer Electronics Industry
“Exceed 2 Trillion
dollars by 2020.”

6. Source: Statista
“Consumer electronics will
account for 63% of all
installed IoT units in 2020.”

7. Source: PwC
“Hardware will account for
35% of $1.7 Trillion global
IoT market.”

8. Source: PwC
Business Investment on IoT
from $215 Billion to $832 Billion
Consumer Spending on IoT
from $72 Billion to $236 Billion
Government Spending on IoT
add extra $500 Billion
Business Investment will account for more
than 50% of the overall IoT spend in 2020.

9. Source: PwC
“IoT has potential to generate $4
Trillion to $11 Trillion in economic
value by 2025.”
Factories ($1.2-$3.7 Trillion)
followed by smart cities, healthcare, retail,
non-urban outdoor environments, custom
production environments, automotive,
home, and office

10. Source: Accenture
“IIoT add $14.2 Trillion to the global
economy by 2030.”
Top drivers of IIoT growth include improved
operational efficiency, improved
productivity, creation of new business
opportunities, reduction in downtime, and
optimization of asset utilization.

11. Source: Statista
“Global smart homes market will be
$58.7 Billion in 2020.”
Growth drivers include increasing
implementation of smart speakers, home
appliances, lighting control systems, home
healthcare products, smart furniture, smart
kitchen, and HVAC control solutions.

12. IoT Market

13. Funding Heat map

14. 663 IPOs and Acquisitions since 2010