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Author: Ekta Mittal
Co Author: David Watkins
Publication Date: Sep 09 2022
Pages: 6
 Report Type: Insight, Word

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Smart Home

Global Connected and IoT Device Installed Base Forecast



Report Summary:

More than 27 billion IoT and connected devices were deployed worldwide by the end of 2021, and a further 16 billion will be added by 2027. Enterprise IoT is the largest segment comprising half of the global installed base in 2021 and will continue to be the major driver of growth. Connected home on the other hand is anticipated to surpass mobile/computing in 2022. Over the long-term the connected home segment is projected to account for double the device base of the mobile/computing segment. This report collates and updates top line forecasts from multiple Strategy Analytics device services and provides a realistic assessment of the nature and future scale of the global connected and IoT device market. 

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