Global IoT Monetization Market – Industry Overview by Growth, Emerging Trends, Size and Forecast to 2027

According to the latest report from the IMARC group, “Global IoT Monetization Market GrowthShare, Size, Industry Trends, Opportunity and Forecast 2022-2027», the global monetization of the IoT The market reached a value of XX Billion US$ in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during the period 2022-2027.

Internet of Things (IoT) monetization represents a process of generating revenue by securing and procuring data from IoT-connected devices. It helps businesses gain an edge over their competitors by effectively using their data. IoT monetization also facilitates in-depth data analysis to streamline production, reduce unnecessary expenses, utilize positive by-products to minimize waste, and more. Apart from this, it also provides several other benefits such as increased efficiency, improved re-engineering operations, new market reach, etc. As a result, IoT monetization finds many applications in various industries including retail, information technology (IT), manufacturing, transportation, telecommunications, healthcare, banking, services finance and insurance (BFSI), energy, etc.

Report metric

  • History: 2016-2021
  • Base year: 2021
  • Forecast year: 2022-2027

IoT Monetization Market Trends and Drivers:

The growing attention on the development of smart cities and the emerging trend of connected cars are mainly driving the IoT monetization market. In addition to this, the growing use of IoT solutions in the agriculture industry to obtain data through sensors that monitor storage areas and livestock and track vehicles and field observations is further catalyzing the growth of the market.

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Additionally, the growing use of IoT in public transportation to control traffic levels and growing demand for real-time mapping systems to inform commuters of traffic densities are also increasing the global market. Apart from this, the growing adoption of cloud platforms by organizations to store their data securely is expected to drive the IoT monetization market over the forecast period.

To note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Global IoT Monetization Market Analysis and segmentation 2022-2027:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.

Amdocs, Cisco Systems Inc., CSG Systems International Inc., General Electric Company, Infosys Limited, International Business Machines Corporation, Microsoft Corporation, Nokia Corporation, Oracle Corporation, PTC Inc., Samsung Electronics Co. Ltd., Tata Consultancy Services Limited, Telefonaktiebolaget LM Ericsson and Thales Group.

The report has segmented the market based on region, component, business function, mode of deployment, organization size, and industry vertical.

Breakdown by component:

Breakdown by business function:

  • Marketing and Sales
  • THIS
  • Finance
  • Supply chain
  • Operations

Breakdown by deployment mode:

Breakdown by organization size:

  • Large companies
  • Small and medium enterprises

Breakdown by vertical industry:

  • BFSI
  • Retail
  • IT and Telecom
  • Manufacturing
  • Transport and logistics
  • Health care
  • Energy and Utilities
  • Others

Breakdown by region:

  • North America: (United States, Canada)
  • Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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If you want the latest primary and secondary data (2022-2027) with cost module, business strategy, distribution channel, etc. Click request a free sample report, the published report will be emailed to you in PDF format within 24-48 hours of receipt. full payment.

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About Us:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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