Defining the Economy of Things and Its Market Potential
Economy of Things Market Size Growth Is Accelerating Faster Than Expected The Economy of Things market size is projected to surge past $100 billion before 2030, expanding by **over 40% annually** as physical objects transact value autonomously. This growth works by embedding smart contracts into devices—like a car paying for its own charging or a sensor selling weather data—creating a self-sustaining peer-to-peer economy. Users benefit directly because every object becomes an income-generating asset, reducing waste and unlocking revenue without human…