IoT crossed the trillion‑dollar threshold:
Recent analyses value the IoT industry at 1.3 trillion dollars in 2026, with 20–25 billion connected devices worldwide. One research firm projects the dedicated IoT market segment growing from about 547 billion dollars in 2025 to around 865 billion dollars by 2030.
Device counts are rising steadily: there were about 16.6 billion connected IoT devices at the end of 2023, growing to an estimated 18.8 billion by the end of 2024 and around 21.1 billion by the end of 2025, with forecasts of roughly 39 billion devices by 2030. In industrial and infrastructure settings, IoT is expected to contribute up to 14.2 trillion dollars to the global economy by 2030.
Sources:
https://iot-analytics.com/number-connected-iot-devices/
https://fabrity.com/blog/industrial-internet-of-things-iot-trends-for-2026/
Infographic from Notebook LM Google
Infographic from Perplexity AI
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https://kardasz.blogspot.com/2026/06/iot-growth-and-projections.html
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