This question is about internet of things statistics.

What is the growth rate of IoT?

By Zippia Team - Sep. 1, 2023

IoT will have a growth rate (CAGR) of 26% through 2030. By then, the IoT market is projected to be worth $3.35 trillion, which is more than double what IoT is worth today.

This growth has also been exceptionally rapid, with IoT going from essentially non-existent 20 years ago to accounting for over half of all devices today.

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