How Many IoT Devices Are There (2024-2032)

With the rapid increase in the number of internet users over the years, the number of IoT devices has also increased.

There are currently over 17 billion IoT devices as of 2024, and are set to reach 29.04 billion by 2030.

Let us take a deeper look at the number of IoT devices worldwide, the demographics related to them, and much more in this post.

Number Of IoT-Connected Devices: At A Glance

  1. There are 17.08 billion IoT-connected devices worldwide as of 2024.
  1. The number of IoT devices is predicted to reach 29.42 billion by the end of 2030.
  1. Greater China has the highest number of IoT devices among all the world regions, accounting for 5.04 billion devices.
  1. Europe and North America have over 3 billion IoT-connected devices.
  1. 2 in 3 devices worldwide use IoT as of 2023.

How many IoT devices are there?

  1. There are 17.08 billion IoT-connected devices worldwide as of 2024.

This is an increase of 2 billion internet-connected devices compared to the previous year. In 2023, the number was 15.14 billion. 

Number Of IoTconnected devices worldwide

Here are the number of  Internet of Things (IoT) connected devices worldwide recorded over the years.

Year Number of IoT-connected devices
202417.02 billion
202315.14 billion
202213.14 billion
202111.28 billion
20209.76 billion
20198.6 billion

Source: Statista. 

  1. The number of IoT devices is forecasted to reach 29.42 billion by the end of 2030. 

According to the projections made by Statista, the number of IoT devices is anticipated to double between 2023 and 2030, reaching almost 30 billion.

The cost-effective hardware, widespread cloud technology integration, and the demand for automation, along with AI advancements, are the leading factors for this growth.

The following table displays the forecasted number of IoT devices for the upcoming years:

YearNumber of IoT-connected devices
2030*29.42 billion
2029*27.31 billion
2028*25.21 billion
2027*23.14 billion
2026*21.09 billion
2025*19.08 billion
2024*17.08 billion

Source: Statista. 

IoT Devices By Region

  1. Greater China has the largest number of IoT-connected devices worldwide as of 2024. 

Greater China has over 5.55 billion IoT devices. At the same time, Europe and North America each have more than 3 billion IoT devices as of 2024. 

 number of IoT-connected devices recorded in different regions worldwide in 2022 and 2023. 

Here are further details about the number of IoT-connected devices recorded in different regions worldwide in 2023 and 2024. 

Region Number of IoT-Connected Devices In 2023Number of IoT-Connected Devices In 2024
Australia184.9 million213
Europe3,479.4 million3,918
Greater China5,036.6 million5,552.30
India and South Asia276.5 million357.6
Japan928.8 million1,055.30
Latin America640.6 million751.7
MENA280.9 million330.6
North America3,218.3 million3,629
Russia & Central Asia289.2 million335.8
South East Asia348.2 million428.6
South Korea375 million411.6
Sub-Saharan Africa79.8 million213

Source: Statista

  1. The IoT devices in greater China are anticipated to cross 8 billion by the end of 2030. 

At the same time, IoT devices in North America and Europe are expected to cross 6 billion in the same time period. 

Here are further details about the forecasted number of IoT devices in different regions in the table below: 

Region 20302023
Greater China8.57 billion5.04 billion
Europe6.56 billion3.48 billion
North America6.24 billion3.22 billion
Japan1.77 billion0.93 billion
Latin America1.54 billion0.64 billion
South Korea0.62 billion0.38 billion
South East Asia1.04 billion0.35 billion
Russia & Central Asia0.66 billion0.29 billion
Middle East and North Africa0.73 billion0.28 billion
India and South Asia1.03 billion0.28 billion
Sub-Saharan Africa0.26 billion0.1 billion

Source: Transform Insights, Statista.

IoT Devices By Country

  1. The top 5 countries for IoT are the United States, China, Japan, South Korea and Germany. 

As of 2024, these countries have the highest number of IoT devices as well as the largest IoT markets. 

Source: Byte Beam. 

What proportion of devices are IoT?

  1. Approximately 2 in 3 devices use IoT as of 2024.

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. 

Number of IoT And Non-IoT Active Devices Worldwide Recorded Over the Years

Here are further details about the number of IoT and non-IoT active devices worldwide recorded over the years. 

Year Number of loT Devices Number of Non-loT devices
2025*30.910.3
2024*24.410.2
202319.810.2
202216.410.1
202113.810
202011.79.9
20191010
201889.9
20176.19.9
20164.69.8

Source: Statista. 

Global IoT Adoption By Use Case

  1. The top use case of IoT adoption was remote asset monitoring, accounting for 34%. 

Smart supply chains accounted for the top three IoT device use cases. 

Here are further details about the leading IoT adoption rate by use case worldwide:

Use caseIoT Adoption Rate 
Remote asset monitoring (read-only)34%
Process automation33%
Remote asset monitoring and control (read/write)32%
Vehicle fleet management (track/trace)31%
Location tracking (e.g. GPS)31%
Asset/Plant performance optimization31%
Quality control and management30%
Goods condition monitoring in transit29%
Predictive maintenance29%
On-site track and trace29%

Source: Statista. 

  1. 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

Future Of IoT Devices

  1. 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

  1. 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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