The total revenue opportunity of Internet of Things (IoT) is estimated to reach $906 billion by 2025, triple the revenue of $348 billion in 2019, according to a GSMA Intelligence report. Asia Pacific is projected to lead with $343 billion in IoT revenue, followed by Northern America at $283 billion, and Europe at $182 billion, with the Middle East & North Africa, Latin America, Sub-Saharan Africa, and CIS regions also contributing significantly to global IoT revenue growth.

1. © GSMA Intelligence
THE FUTURE OF INTERNET OF THINGS (IoT)
In 2025, the estimated total revenue opportunity of Internet of Things is revised to $906 billion due to Covid-19 outbreak.
This growth is triple the revenue in 2019 which is $348 billion.
Asia Pacific
$343 billion
Northern America
$283 billion
Middle East & North Africa
$31 billion
Sub-Saharan Africa
$7 billion
Latin America
$31 billion
CIS*
$22 billion
*CIS: Commonwealth of Independent States,
a group of 10 post-soviet republics including Russia.
Europe
$182 billion
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