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Global IoT Forecast Insight Report 2020

  • IoT
  • internet of things
  • forecast
  • connections
  • revenue
  • Jim Morrish
  • Matt Hatton
  • Matt Arnott

This report provides a snapshot of the state of the IoT market in 2020 and forecasts to 2030. It is compiled based on data extracted from the Transforma Insights TAM Forecast Database, specifically the IoT ‘Connected Things’ forecasts. The forecasts are constantly updated and cover 169 applications across 21 vertical sectors and 196 countries.

The report comprises analysis of connections and revenues including splits by geography, technology, vertical sector and use case/application. It also includes high level data. For a full set of data, subscribers should go to the TAM Forecast Database .

The report also provides details of methodology, segmentation and definitions which will be useful to anyone using the forecasts.

If you have questions concerning the methodology, either general or specific to a particular application or vertical sector, don’t hesitate to contact our analysts via .

For details of the headline figures from the report, see the press release " Global IoT market will grow to 24.1 billion devices in 2030, generating $1.5 trillion annual revenue ."