Global IoT Market 2025 Forecast: Inside the $1 Trillion Tech Revolution
Global IoT spending in 2025 is projected to approach $1 trillion, up from $805.7 billion in 2023. By 2025, the number of connected IoT devices is expected to reach 27 billion, rising to over 40 billion by 2030. Manufacturing is the leading IoT vertical by spending, with 2023 top use cases including manufacturing operations at $73 billion and production asset…