SOURCE RESEARCH
Internet of Everything Market Tracker
Market Data | 4Q 2024 | MD-IOE-113
Get The ReportABI Research forecasts that the installed base of connected devices will increase from 53.6 billion in 2024 to nearly 88 billion by 2028. While Hub Devices and Access Points (APs), which include routers, gateways, and other devices that pool data, once dominated the wireless connected devices space, its share of total connected devices had eroded to 56% by 2011, with accessories and sensor nodes gaining traction.
By 2023, accessories and sensor nodes accounted for 77% of connected devices, with that number forecasted to increase to 85% by 2028.
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