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Gartner Says the Internet of Things Installed Base Will Grow to 26 Billion Units By 2020

Reading Time: < 1 minute  |  Published: December 1, 2013 in Research

The Internet of Things (IoT), which excludes PCs, tablets and smartphones, will grow to 26 billion units installed in 2020 representing an almost 30-fold increase from 0.9 billion in 2009, according to Gartner, Inc. Gartner said that IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services, in 2020. It will result in $1.9 trillion in global economic value-add through sales into diverse end markets. Read More.

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