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Global IoT connections forecast to rise above 40 billion in 2034

Summary by IoT Business News
The latest report from industry analyst firm Transforma Insights presents its annual snapshot of the status of the IoT market worldwide. Transforma Insights has today published its report Global IoT Forecast Report, 2024-2034 which provides the industry benchmark of the status of the global Internet of Things market. The key highlights are: At the end of 2024 there were 17.7 billion active IoT devices, a figure which will grow to 40.6 billion i…
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IoT Business News broke the news in on Wednesday, June 11, 2025.
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