Table 4.
Worldwide IoT revenue, in US$ billions.
Region | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|---|---|---|
Asia/Pacific | 600.3 | 729.5 | 881.8 | 1056.9 | 1287.6 | 1605.9 | 2027.2 | 2602.6 |
Central/Eastern Europe | 57.9 | 69 | 81.9 | 96.4 | 115 | 140 | 172.9 | 217.1 |
Latin America | 37.5 | 42.5 | 47.2 | 51.5 | 56.7 | 62.9 | 69.4 | 76.3 |
Middle/East Africa | 56.2 | 63.7 | 70.8 | 77.2 | 85.1 | 94.4 | 104.1 | 114.4 |
North America | 667.9 | 775.5 | 892.7 | 1016.8 | 1168.8 | 1363.2 | 1608 | 1922.1 |
Western Europe | 507.7 | 612.1 | 737.1 | 880.9 | 1069.2 | 1325.8 | 1667 | 2132.8 |
Total | 1927.5 | 2292.3 | 2711.5 | 3179.7 | 3782.4 | 4592.2 | 5648.6 | 7065.3 |
Source: IDC (2014).