There are nearly 19.8 billion IoT devices worldwide. By 2034, the number of Internet of Things (IoT) connections is expected to reach 40.6 billion.
Greater China is projected to have 6,896 million IoT devices by the end of 2025, compared to Europe (4,311.1 million) and North America (6,896 million) from the same year.
This article covers all the details of IoT devices from 2022 to 2034, along with the demographic distribution and projections of the future.
Number of IoT Devices 2026: Top Picks
- The number of IoT devices connected is expected to exceed 19.8 billion.
- IoT device adoption is expected to surge to 40.6 billion by 2034.
- Two-thirds of all devices worldwide are IoT-enabled.
- Connected Vehicles is expected to account for $92.5 billion in IoT revenue.
- Greater China leads globally with the highest number of IoT devices, accounting for 6,896 million.
- Europe and North America collectively host over 3 billion IoT-connected devices.
How Many IoT Devices Are There?
The number of connected IoT devices is projected to reach 19.8 billion and is expected to double by 2034, with 40.6 billion connected IoT devices.
However, there is a significant increase in the number of IoT-connected devices by 11.86% (avg) from the last year, with a volume of 17.7 billion connections worldwide.
Looking ahead, this momentum is expected to continue, with estimates suggesting the number of connected IoT devices will surge to 40.6 billion by 2034.
This rapid expansion highlights the increasing integration of IoT technologies across industries and daily life.
| Year | Number of IoT Connections (in billions) |
|---|---|
| 2022 | 13.8 |
| 2023 | 15.7 |
| 2024 | 17.7 |
| 2025* | 19.8 |
| 2026* | 22.0 |
| 2027* | 24.2 |
| 2028* | 26.5 |
| 2029* | 28.8 |
| 2030* | 31.2 |
| 2031* | 33.5 |
| 2032* | 35.9 |
| 2033* | 38.2 |
| 2034* | 40.6 |
* is the forecasted number of IoT-connected devices.
Source: Statista
IoT Devices By Region
Greater China has the largest number of IoT-connected devices worldwide.
Currently, Greater China leads with over 6,896 million IoT devices connected compared to other countries and regions.
However, North America and Europe are close to Greater China, with 4,311.1 and 3,910.4 connected devices, respectively.
Here are further details about the number of IoT-connected devices recorded in different regions and continents worldwide in 2023, 2024, 2025, and the forecasted year 2034.
| Continents/Regions | 2023 | 2024 | 2025* | 2034* |
|---|---|---|---|---|
| Greater China | 5,764.2 | 6,263.6 | 6,896 | 12,634.7 |
| Europe | 3,468.3 | 3,872.6 | 4,311.1 | 8,632.8 |
| North America | 3,255.4 | 3,503.1 | 3,910.4 | 8,006.7 |
| Latin America | 659.8 | 728.5 | 834.2 | 2,109.5 |
| South East Asia | 361.7 | 433.7 | 514.8 | 1,479.7 |
| India and South Asia | 268.7 | 348.9 | 427.2 | 1,521.5 |
| MENA (Middle East & North Africa) | 350.5 | 408.6 | 472.2 | 1,283.8 |
| Russia & Central Asia | 268.9 | 397.2 | 376.5 | 844.7 |
| Australasia | 192.8 | 220.0 | 250.5 | 583.9 |
| Sub-Saharan Africa | 103.3 | 113.9 | 135.6 | 505.9 |
* are the forecasted IoT devices in 2025 and 2034.
Note that the values in the table of regions are in millions.
Source: Statista
The IoT devices in Greater China are anticipated to cross 12,634.7 million (12.6 billion) by the end of 2034.
At the same time, IoT devices in North America and Europe are expected to cross 8 billion in the same time period.
IoT Devices By Country
As Greater China is a regional economic grouping that includes mainland China, Hong Kong, Macau, and Taiwan, here too, China leads with the most IoT device connections.
Besides China, the United States is also expected to exceed 8 billion due to the significant contribution from North America.
| Country | 2023 | 2024 | 2025 | 2034 |
|---|---|---|---|---|
| Japan | 978.9 | 1,095.9 | 1,224.3 | 2,298.3 |
| South Korea | 386.4 | 419.6 | 456.6 | 748.7 |
Source: Statista
Japan and South Korea are projected to go beyond 2.2 billion and 748 million, respectively, in 2034.
Based on the data, China, the United States, and the European continent currently have the highest number of connected IoT devices, and the number is expected to grow by 2034, depending on market demand and supply.
Source: Statista
What Proportion Of Devices Are IoT?
Approximately 2 in 3 devices use IoT.
The number of IoT devices outnumbered the non-IoT devices globally in 2020. By 2025, approximately 3 in 4 devices are expected to be IoT devices.
This means the ratio of IoT devices to non-IoT devices will be 3:1 in 2025.
Here are further details about the number of IoT and non-IoT active devices worldwide recorded over the years.
| Year | Number of IoT Devices | Number of IoT Devices |
|---|---|---|
| 2025* | 30.9 | 10.3 |
| 2024* | 24.4 | 10.2 |
| 2023 | 19.8 | 10.2 |
| 2022 | 16.4 | 10.1 |
| 2021 | 13.8 | 10 |
| 2020 | 11.7 | 9.9 |
| 2019 | 10 | 10 |
| 2018 | 8 | 9.9 |
| 2017 | 6.1 | 9.9 |
| 2016 | 4.6 | 9.8 |
Source: Statista
Global IoT Adoption By Use Case
Process automation leads with the highest adoption rate (58%), followed closely by Quality control and management (55%) and Energy monitoring (55%).
Moreover, 7out of 10 top use cases fall under Smart Operations (SO), which attracts more IoT adoption.
Go through the details below about the leading IoT adoption rate by use case worldwide:
| Rank | Use Case | 2021 Adoption | Q1 2024 Adoption | ~Growth |
|---|---|---|---|---|
| 1 | Process automation | 33% | 58% | +25% |
| 2 | Quality control and management | 30% | 55% | +25% |
| 3 | Energy monitoring | 20% | 55% | +35% |
| 4 | Real-time inventory management | 19% | 54% | +35% |
| 5 | Supply chain track and trace | 26% | 54% | +28% |
| 6 | Operations planning and scheduling | 21% | 53% | +32% |
| 7 | On-site facility track and trace | 29% | 50% | +21% |
| 8 | Asset performance optimization | 31% | 48% | +17% |
| 9 | Remote asset monitoring | 34% | 48% | +14% |
| 10 | Location tracking | 31% | 45% | +14% |
Source: IOT Analytics
Manufacturing operations see the highest spending among IoT use cases.
Production asset management, supply chain resilience, inventory intelligence, and public safety are also some of the top IoT use cases that see large spending.
These use cases are responsible for over one-third of the overall IoT spending in the United States.
Source: FutureIoT
Global IoT Adoption By Revenue
In addition to the above use case, the following are the additional revenue use cases from 2023 to 2027.
Connected Vehicles dominate IoT revenue, growing from $73.2 billion in 2023 to the forecasted value of $120.2 billion in 2027.
Payment Terminals ranks second, showing steady growth from $39.2 billion to $ 60.7 billion.
| Use Case | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| Connected Vehicles | $73.2 | $79.3 | $92.5 | $106.1 | $120.2 |
| Payment Terminals | $39.2 | $46.9 | $52.1 | $56.9 | $60.7 |
| Asset Tracking & Monitoring | $12.8 | $13.6 | $15.7 | $17.9 | $20.1 |
| Personal Monitoring & Tracking | $7.4 | $9.0 | $10.8 | $12.8 | $14.8 |
| Inventory Management & Monitoring | $8.5 | $9.2 | $10.2 | $11.3 | $12.4 |
| Consumer Internet & Media Devices | $6.7 | $6.6 | $7.7 | $8.9 | $10.2 |
| Autonomous Vehicles | $1.9 | $3.2 | $4.6 | $6.3 | $8.3 |
| Personal Assistance Robots | $1.4 | $1.9 | $2.4 | $3.1 | $4.3 |
| Portable Information Terminals | $2.1 | $2.7 | $3.2 | $3.7 | $4.2 |
| Office Equipment | $1.7 | $1.7 | $1.7 | $1.7 | $1.7 |
| IT Infrastructure | $0.7 | $0.8 | $0.8 | $0.8 | $0.8 |
| White Goods | $0.2 | $0.2 | $0.2 | $0.2 | $0.3 |
Source: Statista1
Autonomous Vehicles show the highest growth rate, more than quadrupling from $1.9 billion to $8.3 billion.
Overall, the total IoT market shows consistent year-over-year growth across most use cases.
Future Of IoT Devices
According to Spiceworks, there will be 34.4 billion IoT devices by 2032.
The report further adds that IoT devices are expected to grow with a CAGR of 10%. Besides, the annual device shipments are predicted to grow from 3.6 billion to 7.9 billion between 2022 and 2032.
Source: Spiceworks
According to a forecast made by the International Data Corporation (IDC), there will be 41.6 billion IoT devices in 2025.
These devices will be capable of generating 79.4 zettabytes (ZB) of data. Most of these devices are found in our homes, workplaces, and in our day-to-day lives.
Source: Dell
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Conclusion: The Number Of IoT Devices Is Projected To Exceed 19.6 Billion
The number of IoT device connections might go beyond 19.6 billion worldwide.
Greater China leads the position and is expected to reach 6.8 billion IoT-connected devices in 2025. It is also forecasted to exceed 12.63 billion in 2034.
With the revolution in technology, increased internet access, and the adoption of IoT devices by individuals in their respective countries, the number is expected to continue rising globally.
