Internet of things (IoT) emerged as a concept about 20 years ago and is now making headlines around the world. Everyone talks about connectivity, smart devices, real-time data extraction, and that's why we continue our IoT series here on TechJury.
2022 IoT Insights
The facts below are an eye-opener about the future of IoT:
- With 1.3 billion projected subscriptions by 2023, IoT is about to experience another boost from the 5G technology.
- In 2022, Google Home will have the largest IoT devices market share, at 48%.
- The average number of connected devices per household in 2022 is 22.
- By 2025, 75.44 billion IoT devices will be installed worldwide.
- The number of connected devices by the end of 2022 will be 13.1 billion.
- One-third of US consumers own a smart speaker.
IoT is everywhere. It surrounds us from the moment we get out of bed to the second we go back home. We are talking about lots and lots of devices, gadgets, machines, buildings, and more, that connect to the Web.
Still, to show you how big the industry is, we've gathered some numbers to show you how big IoT is in 2022.
How Many IoT Devices Are There in 2022?
IoT is a rapidly growing industry. There’ll be 13.1 billion connected devices by this year’s end, while the number of installed ones will reach 42.62 billion.
So, how many IoT devices are there in 2022?
The answer is not very simple, but here are what the latest stats say:
1. The number of connected devices by 2030 will be 29.4 billion.
So we’re talking about a projected 350% increase in a decade! The 2019 number was just 8.6 billion.
The number of connected IoT devices is indeed growing by the minute. By end-2022, it’s set to reach 13.1 billion and then increase by 2 billion year-on-year until 2030. The future sure looks good!
2. By 2025, 75.44 billion IoT devices will be installed worldwide.
You’ve probably wondered how many IoT devices are installed in 2022, right?
Once again, we’re here to answer all your burning questions. The number of installed IoT devices, sensors, and actuators in 2022 is a whopping 42.62 billion. A significant rise from the 2021 and 2020 figures—35.82 billion and 30.73 billion, respectively.
This immense growth is predicted to continue at full speed as we find even more applications for IoT devices. If you need another proof, just keep in mind that by 2023, global spending on IoT is predicted to reach $1.1 trillion!
3. 24% of consumers report they feel overwhelmed by the number of devices and subscriptions they have to manage.
The percentage has dropped by eight points from the previous year—another example of the widespread adoption of such technologies in our homes and everyday life.
4. In 2022, the average number of connected IoT devices per US household is 22.
Subsequently, households may be investing in more connected devices because of the demand for home gateways, devices that actually bring the internet into homes and allow Wi-Fi throughout.
Advancements in technology are upgrading our current devices and coming up with even newer ways to use the internet in our homes.
5. IoT end-user spending is estimated to reach $1.6 trillion by 2025.
The current number is $594 billion—a significant step up from the $418 billion recorded in 2021.
This clearly indicates that IoT spending will continue to grow exponentially as years go by.
6. 35% of manufacturers utilize data from automation in manufacturing.
We mostly think of IoT applications to be at home and perhaps at the office. The 2022 IoT statistics, however, reveal they pop up in manufacturing and other industries as well.
Over a third of manufacturers used data from sensors or analysis. The technology contributed to an improvement in factory functions, hence giving a competitive edge.
7. As of 2022, 32% of US consumers owned a smart speaker.
Amazon is a pioneer in the smart speakers market and has tightly held the crown since the beginning. The biggest company in the world currently holds the most significant share as well—it boasts 94.2 million users in the US alone.
Contrastly, 46.7 million American own a Google device. However, the latest IoT statistics and predictions indicate a colossal increase in the popularity of Google’s smart speakers.
8. The use of low-power networking systems and satellites grew by 20% in 2021.
(Source: IoT World Today)
In the last few years, there has been a significant focus on applying 5G technology in relation to IoT. Furthermore, the adoption of satellites and similar technologies in powering IoT devices grew by one-fifth in 2021! R&D departments are currently working in full power to deploy 5G and develop new technologies. So what about the future IoT trends? 6G cellular networks and satellite-enabled LPWANs are set to connect trillions of devices by 2030.
Looks like companies and homeowners will have various options to choose from. Home lighting and factory machinery, for instance, don’t need to use the same connectivity. People should also consider cost, speed, or even safety.
9. There are currently six main categories for IoT wireless tech.
- LPWANs—provide long-range communication on small, cheap batteries that last years. They aim to support large-scale IoT networks over more significant sites.
- Cellular (3G/4G/5G)—phone networks needed for calls, internet access, and video streaming, among other applications. However, they are expensive to run and are very power-intensive.
- Zigbee and other mesh protocols—short-range, wireless, and low power standard using sensor data and nodes. Boasts high data rates but isn’t as power-efficient as LPWAN.
- Bluetooth and BLE—short-range communication tech enabling data exchange across multiple nodes. A low-power version was invented for small consumer IoT applications.
- Wi-Fi—not as common in the IoT space due to problems with scalability, coverage, and power use.
- RFID—known as radio frequency identification, radio waves transmit data from an RFID tag to a reader at a short distance. Commonly used for logistics and retail.
10. The smart home market will grow by $54 billion by 2022.
The smart home segment is expanding rapidly. It’s predicted to reach $54 billion by end-2022. People will focus on entertainment, lighting, appliances, and temperature.
11. By 2025, the IoT data volume will be 79.4 zettabytes.
Have you ever wondered how much data all those internet-connected devices consume?
The figure is unimaginably staggering.
Experts predict that data usage will be about 80 zettabytes by 2025. The so-called Big Data 2.0. That's simply mind-blowing!
12. The number of networked device ownership worldwide will be 3.6 per person in 2023.
According to the Cisco IoT forecast, ownership of the interconnected machines will double by 2023. On a global scale, 2.1 per capita will be the increase in possession of connected gadgets in the next few years compared to 2018 data.
The break down in different regions is as follows:
- 13.4 in North America
- 3.1 in South America
- 9.4 in Western Europe
- 4.0 in Eastern and Central Europe
- 1.5 in Africa and the Middle East
But how many IoT devices are there, you ask? Well, to answer this, we must first look at what an IoT device is.
What Is IoT?
Connected devices have been around for decades. A PC is a connected machine, but it is not an IoT device. Simply put, an IoT device is something that has an internet connection, even though it usually shouldn’t.
Your smart boiler is an IoT device. You talk to it using an app on your smartphone. You tell it to heat water so you can take a shower when you get back home.
According to Statista, there are about 21.5 billion interconnected devices in the world. Their number is set to explode in the following years as internet consumption rises and new gadgets and machinery hit the market. However, IoT will also be integral to civil and industrial infrastructure. It includes devices in every aspect of life.
The smart devices you see every day are a tiny part of IoT. The whole segment is set to shoot up in the next few years. Funny thing is, 21,500,000,000 was predicted to be the number of IoT devices by 2025. We have more than this today.
Most of those machines will not be in your home. They will be in factories, shops, hospitals, schools - you name it. According to Intel, the global market for IoT technology will reach $6.2 trillion by 2025. 30% will come from healthcare, which will rely heavily on IoT.
If you want to know more we have an article explaining what IoT is in more detail.
A Wide Variety of IoT
It shouldn’t come as a surprise that the number of devices connected to the internet is so high. But what types of IoT devices are there?
Smart consumer electronics fall into this category. Smartwatches, kitchen appliances, home assistants, IoT light bulbs, security cameras, even your trash can.
All these devices are part of the smart home concept, whose purpose is to make your life easier and more efficient while saving electricity.
It is also the most visible part of IoT as we interact with it every day. No matter where you live, expect the number of connected devices in your home to grow.
Pumps, carts, industrial washing machines: everything that used to be off the grid is now becoming internet connected. IoT devices are powering a shift in many segments of the economy.
They work faster and smarter. They save time and energy, reduce costs and lower the risk of human error. With so many advantages there's no wonder intelligent industrial machinery is on top of the IoT trends.
Smart buildings, anyone? How about highways that monitor the traffic and create electricity on their own? IoT infrastructure is already happening and will be a factor in economic growth for years to come. Powered by many sensors that gather real-time data about the environment, IoT infrastructure will be at the heart of almost every industry.
Not to mention urban life. Highly populated areas will become more and more dependent on data and IoT infrastructure. This, in turn, will undeniably fuel IoT growth.
Fleet and Logistics
This category includes vehicles, ships, aircraft and all sorts of machines used for moving cargo from one place to another. IoT simplifies the process of managing a company's fleet. It also lowers operational costs and can increase profits.
Making every asset that moves more efficient is hard work. That’s why the IoT management market is set to reach $16.86 billion by 2025, according to Grand View Research. So if you’re making your own IoT predictions, don’t forget to include internet-connected fleets.
Marketplaces can be more efficient when you adopt the power of data. IoT aids the exchange of goods at any physical location: may it be a shopping center, a warehouse or even a farm.
A deal becomes sweeter when you cut off the intermediary as it lowers the price. In like manner, connected devices enhance trade by removing inefficiency. Therefore, if you’re planning your own retail project, you should ask yourself “How many IoT devices are there in my growth strategy?”
You can group IoT devices based on the type of connection they require. For example, gadgets that need a lot of range and bandwidth will have cellular or satellite connection.
If a device transmits small amounts of data, the best option is to have an LPWAN or LoRaWAN connection. These technologies offer less bandwidth, but they make up for it in terms of energy efficiency.
Manufacturers can also choose between WiFi, Bluetooth, and Ethernet. These standards provide more bandwidth, but at the cost of shorter range.
And there are even more exciting IoT trends that will shape up our future.
The IoT Security Issue
Consider this: the number of connected devices in 2022 is twice the size of the world population. Almost all IoT machines have some security issues. It is a tremendous problem, and no one knows how to deal with it.
Hackers can easily breach a smart device and spy on the owners. They can get into industrial control systems, manipulate production lines, shut down factories, even cause shipwrecks.
Prospects are scary. There are real-world examples of hackers shutting down electrical grids and leaving hundreds of thousands of people without electricity.
A simple hack can turn your child’s smart toy into a spying device. Internet-connected medical devices can be compromised and lead to someone’s death.
The number of devices connected to the internet is going up, and you can expect more and more machinery to be online. As the stakes get higher, the pressure to solve this problem will rise as well.
It’s your problem too, by the way. Users are not in the habit of updating their smart devices’ software. For example, a stunning 60% of all Americans have never updated their routers’ firmware, according to Bitdefender. There are also numerous VPN routers that can keep your IoT devices safer.
Most cyber-attacks happen because of weak credentials or out-of-date firmware.
To improve your IoT devices' protection, you should consider getting one of the top antivirus solutions. Most can protect your entire home network, including IoT.
The Future Is Connected
We cannot evade the technological revolution. Connectivity brings far too many benefits to neglect. Therefore, it will soon become something as natural as electricity or tap water.
Just think of how many IoT devices there are already. You've got fitness trackers sending data to smartphones. Or sensors measuring air pollution in real-time. And cars that run with the help of an app.
The number of IoT devices in 2022 is nothing compared to what the future holds. Connectivity opens up a world of new possibilities while introducing new risks as well. To the critics, I say - that’s how it always is. Change has always been about managing the risk while enjoying the freedom it has to offer.
How many IoT devices are there currently in 2022? ›
State of IoT 2022: Number of connected IoT devices growing 18% to 14.4 billion globally.How many IoT devices will there be? ›
|Characteristic||Connected devices in billions|
According to the latest available data, there are approximately 7.74 billion connected IoT devices. The number of current IoT devices (7 billion) may seem staggering. But thanks 5G and other technologies, this figure is expected to grow by over 3x to 25.44 billion total IoT devides by 2030.How many IoT devices will there be in 2025? ›
A forecast by International Data Corporation (IDC) estimates that there will be 41.6 billion IoT devices in 2025, capable of generating 79.4 zettabytes (ZB) of data.What is the internet of Things 2022? ›
It is an umbrella term for the ability to connect everyday physical objects with other devices over the internet, enabling them to send and receive data.How many devices are there in the world? ›
According to GSMA real-time intelligence data, there are now over 10.98 Billion mobile connections worldwide, which surpasses the current world population of 7.978 Billion implied by UN digital analyst estimates. This data means there are 3.002 billion more mobile connections than people worldwide.Are IoT devices the future? ›
The growth of the industry has accelerated along with its capabilities — the number of IoT devices by 2030 is expected to be over 24 billion. We expect to see developments in 5G, artificial intelligence, and advanced analytics take the industry to new levels.What IoT devices are available? ›
- Google Home Voice Controller. Google Home voice controller is one of the most popular IoT devices out there today. ...
- Amazon Echo Plus Voice Controller. ...
- August Doorbell Cam. ...
- August Smart Lock. ...
These connected objects (also called nodes) exchange data over the internet. There will be 22 billion connected devices in the world by 2025. IoT technology can be used in sectors like Manufacturing, Agriculture, Healthcare, Transportation, Media/Advertising, Retail, Water and Waste Management, Power Distribution, etc.What is the future of Internet of Things IoT in next 10 years? ›
What's next for the Internet of Things? IoT devices seem to be ubiquitous, but the truth is we're not nearly there yet. In fact, IoT Analytics continues to predict steady growth as the future for IoT for years to come, with more than 27 billion devices online by 2025.
What is the current situation of IoT? ›
In 2021, there were more than 10 billion active IoT devices. It's estimated that the number of active IoT devices will surpass 25.4 billion in 2030. By 2025, there will be 152,200 IoT devices connecting to the internet per minute. IoT solutions have the potential to generate $4-11 trillion in economic value by 2025.How many devices will be connected to the Internet by 2050? ›
By 2050, there will be 24 billion interconnected devices, meaning almost every object us around us: streetlights, thermostats, electric meters, fitness trackers, water pumps, cars, elevators, even gym vests.How many devices do people have? ›
On average, U.S. households now have a total of 22 connected devices, down from 25 in 2021.How many IoT devices are available in 2016? ›
The statistic shows the number of connected devices/IoT connections by access technology worldwide from 2016 to 2021. In 2016, the number of cellular connected devices amounted to 2.33 billion.Why is IoT important 2022? ›
Searches for "Industry 4.0" have increased by 4,700% over the last decade. A major component of this concept is IoT. Without IoT, the large-scale data collection and monitoring required to improve industrial capacity would be impossible.What are 5 things IoT? ›
Required functions include device configuration, security, command dispatching, operational control, remote monitoring and troubleshooting. The organization will need to account for these functions, even if the cloud provider doesn't offer the required device management components.What is IoT give 5 examples? ›
Smart Mobiles, smart refrigerators, smartwatches, smart fire alarms, smart door locks, smart bicycles, medical sensors, fitness trackers, smart security system, etc., are few examples of IoT products.What percentage of the world has Internet access 2022? ›
A total of 5.07 billion people around the world use the internet today – equivalent to 63.5 percent of the world's total population. Internet users continue to grow too, with the latest data indicating that the world's connected population grew by more than 170 million in the 12 months to October 2022.How big is the IoT market? ›
In 2022, the number of global smartphone users is estimated at 6.6 billion, marking a 4.9 percent annual increase.
How long do IoT devices last? ›
For most IoT applications the device life cycle is 10 to 20 years or more. But 'Low power' is really a manifestation of a much broader and more universal problem wireless connectivity needs to solve for the IoT: longevity. Longevity is defined as long life expectancy or in terms of technology: a long device life cycle.How IoT will change the world? ›
As the sensors, data storage, the Internet, and analytics become faster, cheaper, better, and more integrated together, users will be able to rely on analytics to make better choices. IoT devices will have a significant impact on many aspects of our lives including how we live, drive, and farm animals and crops.Can we live without IoT? ›
We could roam about on smart streets, with smart cars and use smarter applications to control our environment. Therefore, a world without IoT is a world without oxygen. We now could not even imagine a life where we have to do each and every task with our hands.What are the 4 types of IoT? ›
- Internet of Things Introduction.
- Mobile/Cellular IoT Connectivity.
- Wi-Fi IoT Connectivity.
- Bootstrap IoT Connectivity for OEM.
- IoT Connectivity Management.
- Use Cases IoT.
Anything that has a sensor attached to it and can transmit data from one object to another or to people with the help of internet is known as an IoT device. The IoT devices include wireless sensors, software, actuators, computer devices and more.What are the 3 types of IoT? ›
The three categories mentioned are short form (immediate needs), medium form (future needs), and long form (system maintenance). An IoT-controlled temperature system (thermostat) is used as an example.What is next after IoT? ›
Try IoH – The Internet of Humans. Watchers of the Internet of Things estimate that roughly 30 billion devices will be hooked up to the net by 2020. We humans could – and should – be next, says one expert.Why is IoT important today? ›
IoT enables companies to automate processes and reduce labor costs. It also cuts down on waste and improves service delivery, making it less expensive to manufacture and deliver goods, as well as offering transparency into customer transactions.What are the new technologies in IoT? ›
|IoT Marketplaces||Coming up|
|Digital Twins||Coming up|
|IoT Security Platforms||Coming up|
|IoT Edge Data & Application Platforms||Coming up|
Having said that, it is obvious that at a failure rate of 75% percent, the task of implementing and building an IoT solution is still harder than most anticipate. From those 75%, 30 percent already stall at the Proof of Concept stage.
What is the future of IoT in education? ›
By supplying affordable IoT technology, like SMARTboards, direct lines of communication, access to measure student progress in real-time and updated course materials, teachers can stay remote but still engage with their virtual students in an innovative and effective way.What is the future of AI in IoT? ›
Artificial intelligence unlocks the true potential of IoT by enabling networks and devices to learn from past decisions, predict future activity, and continuously improve performance and decision-making capabilities.What will 10G be like? ›
What is 10G internet? The most basic explanation of 10G internet is a consumer internet connection with 10 Gbps download speeds. That's roughly 10 times faster than some of the fastest internet plans currently available.Is a laptop an IoT device? ›
The Internet of Things refers to electronic devices that are able to connect to the Internet and share data with other Internet enabled devices. Also known as connected devices, this includes laptops, smartphones, and computers, however they are far from limited from just these three things.How many smart devices can I have? ›
Typically, most wireless devices can connect up to 255 devices simultaneously from a single access point on your Wi-Fi network.What are all in one devices? ›
All-in-One PCs (AIO PCs) are streamlined desktop computers that integrate all of the components of a traditional desktop computer, except for the keyboard and mouse, into one single unit.How many devices are in a home? ›
The average U.S. household has 25 connected devices – more than double the 11 that the average household had in 2019, according to a new Deloitte report.What was the first IoT device? ›
1990-1993 – World's first IoT device invented
In 1990, John Romkey created the first IOT device – a toaster that could be turned on and off over the Internet. By 1991, he had automated the entire process by adding a crane system that inserted the bread as well.
IoT connections market update—May 2022
The number of global IoT connections grew by 8% in 2021 to 12.2 billion active endpoints, representing significantly lower growth than in previous years.
Will there be Internet in 2050? ›
Parts of the world will be excluded from the internet for decades to come without major efforts to boost education, online literacy and broadband infrastructure, experts have warned.Which country is leading in IoT? ›
Forecast Internet of Things (IoT) spending worldwide in 2019, by country (in billion U.S. dollars)
|Characteristic||Spending in billion U.S. dollars|
- #1) Google Home Voice Controller.
- #2) Amazon Echo Plus Voice Controller.
- #3) Amazon Dash Button.
- #4) August Doorbell Cam.
- #5) August Smart Lock.
- #6) Kuri Mobile Robot.
- #7) Belkin WeMo Smart Light Switch.
- #8) Footbot Air Quality Monitor.
A total of 5.07 billion people around the world use the internet today – equivalent to 63.5 percent of the world's total population. Internet users continue to grow too, with the latest data indicating that the world's connected population grew by more than 170 million in the 12 months to October 2022.Is there a 6G network? ›
It is important to note that 6G is not yet a functioning technology. While some vendors are investing in the next-generation wireless standard, industry specifications for 6G-enabled network products remain years away.What will internet be like in 100 years? ›
In 100 years, it's highly likely something new and more involved will replace the internet. Everyone on the planet will be networked. Homes, cars, businesses, even our bodies will be instrumented and monitored. Augmented reality will become normal.Why is it called Web3? ›
The term "Web3" was coined by Polkadot founder and Ethereum co-founder Gavin Wood in 2014, referring to a "decentralized online ecosystem based on blockchain." In 2021, the idea of Web3 gained popularity.