IoT spend on retail and wholesale trade will grow by $28 billion from 2020 through 2030. In-store fulfillment remains the largest use case in the forecast period to reduce customer wait times, while retail fulfillment grows fastest (21% CAGR) as retailers adopt new technology for last-mile delivery.
Forecast Data Summary
Forecast Model Summary
Influencing Factors and Assumptions
Gartner Recommended Reading
Note 1: 2020 Gartner IoT Implementation Trends Survey