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Number of IoT Devices (2024)

by Fabio Duarte
February 19, 2024

The terms “Internet of Things” or “IoT” may not be common in everyday parlance, but these devices certainly are.

In the space of a few years, the IoT space has expanded rapidly.

In fact, IoT devices now comfortably outnumber non-IoT. But just how many active devices are there in 2024? That’s exactly what we will cover in this regularly updated guide. 

Contents

Top Stats (Editor’s Choice)

Here are 5 standout IoT stats for 2024:

  • There are over 15 billion connected IoT devices worldwide
  • The number of active IoT devices is expected to double by 2030
  • Greater China has more than 5 billion IoT devices
  • Approximately 2 in 3 devices use IoT
  • Remote asset monitoring is the most popular use case for IoT

How Many IoT Devices Are There? 

According to the latest available data, there are approximately 17.08 billion connected IoT devices.

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This figure is expected to almost double to 29.42 billion by 2030.

Source: Transforma Insights

IoT Devices by Region

The number of active IoT devices is expected to grow year-over-year until 2030.

Greater China is the biggest contributor with over 5 billion IoT devices. While North America and Europe each add another 3 billion+ IoT devices to the total.

Here’s a full breakdown of IoT-connected devices by region between 2020 and 2030:

Greater China

Year

Connected IoT Devices

2020

3.4 billion

2021

3.93 billion

2022

4.49 billion

2023

5.04 billion

2024

5.55 billion

2025

6.06 billion

2026

6.55 billion

2027

7.05 billion

2028

7.55 billion

2029

8.05 billion

2030

8.57 billion

Europe

Year

Connected IoT Devices

2020

2.26 billion

2021

2.57 billion

2022

3 billion

2023

3.48 billion

2024

3.92 billion

2025

4.36 billion

2026

4.8 billion

2027

5.24 billion

2028

5.68 billion

2029

6.12 billion

2030

6.56 billion

North America

Year

Connected IoT Devices

2020

2.06 billion

2021

2.39 billion

2022

2.79 billion

2023

3.22 billion

2024

3.63 billion

2025

4.05 billion

2026

4.47 billion

2027

4.9 billion

2028

5.34 billion

2029

5.79 billion

2030

6.24 billion

All Regions

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Region

2023

2030

Change

Change (%)

Greater China

5.04 billion

8.57 billion

↑ 3.53 billion

↑ 70.04%

Europe

3.48 billion

6.56 billion

↑ 3.08 billion

↑ 88.51%

North America

3.22 billion

6.24 billion

↑ 3.02 billion

↑ 93.79%

Japan

0.93 billion

1.77 billion

↑ 0.84 billion

↑ 90.32%

Latin America

0.64 billion

1.54 billion

↑ 0.9 billion

↑ 140.63%

South Korea

0.38 billion

0.62 billion

↑ 0.24 billion

↑ 63.16%

South East Asia

0.35 billion

1.04 billion

↑ 0.69 billion

↑ 197.14%

Russia and Central Asia

0.29 billion

0.66 billion

↑ 0.37 billion

↑ 127.58%

Middle East and North Africa

0.28 billion

0.73 billion

↑ 0.45 billion

↑ 160.71%

India and South Asia

0.28 billion

1.03 billion

↑ 0.75 billion

↑ 267.86%

Sub-Saharan Africa

0.1 billion

0.26 billion

↑ 0.16 billion

↑ 160%

Source: Transforma Insights

What Proportion of Devices are IoT? 

As of 2020, IoT devices outnumbered non-IoT devices globally. 

By 2025, IoT devices are expected to outnumber non-IoT by 3:1.

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Here’s how the two types of devices compare:

Year

Non-IoT Devices (billions)

IoT Devices

(billions)

IoT Devices as a Percentage of Total Devices

2010

8

0.8

9%

2011

8.7

1.1

11.2%

2012

9.1

1.6

15%

2013

9.5

2.1

18.1%

2014

9.7

2.8

22.4%

2015

9.7

3.6

27%

2016

9.8

4.6

31.9%

2017

9.9

6.1

38.1%

2018

9.9

8

44.7%

2019

10

10

50%

2020

9.9*

11.7*

54.2%*

2021

10*

13.8*

58%*

2022

10.1*

16.4*

61.9%*

2023

10.2*

19.8*

66%*

2024

10.2*

24.4*

70.5%*

2025

10.3*

30.9*

75%*

Source: IoT Analytics

IoT Adoption Use Cases

The vast majority (74%) of IoT devices are short-range. While public networks (16%) and private networks (10%) make up the rest of IoT devices.

Here’s a breakdown of IoT devices by tech:

IoT Technology

Year

Short Range

Public Network

Private Network

2019

5.7 billion (74%)

1.2 billion (16%)

0.8 billion (10%)

2030

17.4 billion (72.5%)

4.7 billion (19.5%)

1.9 billion (8%)

There are several varied use cases for IoT.

A 2021 survey found that 10 IoT use cases have an adoption rate of 29%-34%.

With a 34% adoption rate, remote asset monitoring is the top use case for IoT tech.

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Here are the top 10 use cases for IoT devices:

Use Case

IoT Adoption Rate

Remote asset monitoring (read-only)

34%

Process automation

33%

Remote asset monitoring and control (read/wire)

32%

Vehicle fleet management (track/trace)

31%

Location tracking (eg. GPS)

31%

Asset/plant performance optimization

31%

Quality control and management

30%

Goods condition monitoring in transit

29%

Predictive maintenance

29%

On-site track and trace

29%

Sources: Transforma Insights, IoT Analytics

Conclusion

That concludes our look at the IoT space in 2024.

Across the board, IoT is expanding at an increasing rate. The only question is just how fast?

For more related content on this topic, take a look at these guides from our site: 80+ Amazing IoT Statistics, 6 Important IoT Trends, 45 Rising IoT Startups.