IoT in retail market by hardware in the United States 2014-2025

Size of Internet of Things (IoT) hardware in the U.S. retail market from 2014 to 2025 (Figures expressed in billions of U.S. dollars, unless otherwise specified)
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The data displays the size of the Internet of Things in the retail market in the U.S. from 2014 to 2025, by hardware. In 2015, IoT sensors in retail had a market size of 1.14 billion USD in the U.S.

2014 0.4 0.97 0.8
2015 0.45 1.14 0.94
2016 0.52 1.23 1.17
2017 0.58 1.39 1.39
2018 0.68 1.62 1.62
2019 0.84 1.82 1.95
2020 0.91 2.14 2.21 0.1
2021 1.14 2.37 2.66 0.1
2022 1.27 2.69 3.15 0.13
2023 1.46 3.05 3.7 0.19
2024 1.72 3.44 4.31 0.26
2025 1.98 3.92 5.06 0.29