IoT Monetization Market Size to Reach $865+Bn Globally by

New York, Nov. 14, 2022 (GLOBE NEWSWIRE) — The Insight Partners has added a new report titled on “IoT Monetization Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Deployment Type (On-Premise and Cloud) and Application (Retail, Education, Aerospace & Defence, Automotive, Healthcare, Manufacturing, IT & Telecom, and Others”, the global IoT monetization market growth is fuelled by rising need for data analysis and integration of analytics & rising adoption of IoT technology across end-user industries, such as manufacturing, automotive, and healthcare.

Download Sample PDF Brochure of IoT Monetization Market Size – COVID-19 Impact and Global Analysis with Strategic Insights at:

Global IoT Monetization Market Report Scope:

Market Size Value in USD 76.58 Billion in 2021
Market Size Value by USD 865.40 Billion by 2028
Growth rate CAGR of 42% from 2022 to 2028
Forecast Period 2022-2028
Base Year 2021
No. of Pages 150
Historical data available Yes
Segments covered Deployment Type and Application
Regional scope North America; Europe; Asia Pacific; Latin America; MEA
Country scope US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends

IoT Monetization Market Analysis: Competitive Landscape

Amdocs; Cisco Systems, Inc. (Cisco Jasper); Flexera; Thales (Gemalto NV); Intel Corporation; Microsoft Corporation; Netcracker Inc. (NEC Corporation); Samsung Electronics Co. Ltd.; SAP SE; and Telefonaktiebolaget LM Ericsson are among the key IoT monetization market players profiled during the study. Several other major companies were studied and analyzed during this research study to get a holistic view of the IoT monetization market and its ecosystem.

Inquiry Before Purchase at:

Impact of COVID-19 Pandemic on Global IoT Monetization Market:

With the increasing number of COVID-19 cases globally, economy of many countries were significantly impacted in 2020. The supply chain and import & export got disrupted due to the COVID-19 outbreak. The global IoT monetization market witnessed a negative impact in Q1 & Q2 of 2020. This was mostly because several ongoing IoT projects were paused. Most of the companies reduced the investments in new projects. However, from Q3 2020, the demand for digitization accelerated. Several governing bodies uplifted the travel restrictions, which enabled transportation but with all safety measures and social distancing norms. Companies began strategically investing in connected technologies, such as remote asset management. In the medium to long run, the COVID-19 impact on IoT will be positive due to the increasing demand from various industry verticals such as healthcare, manufacturing, and smart homes. Also, companies will want to build more resilience to be better prepared if another pandemic rattles the world. Additional investment in digital infrastructure can be expected in 2022 and 2023. Overall, the impact of COVID-19 on the global IoT monetization market was low to moderate and is expected to witness high growth from 2022 onwards. The businesses had to transition to remote working, online operations and sales, and other business protocol modifications in response to the COVID-19 pandemic. As companies began to rely on cloud technologies, IoT, Big Data, AI, etc., the pandemic accelerated the implementation of IoT technology in 2020.

Get the Latest COVID-19 Analysis on this IoT Monetization Market at

Global IoT Monetization Market – Growth Drivers:

The rising adoption of IoT technology across end-user industries, such as manufacturing, automotive, and healthcare, drives the IoT monetization market growth. With the traditional manufacturing sector among a digital transformation, the IoT fuels intelligent connectivity’s next industrial revolution. This is changing the way industries approach increasingly complex systems and machines to improve efficiency and reduce downtime. The Internet of Things is anticipated to make a massive transformation to various areas, such as replenishing goods. Devices such as connected refrigerators that can automatically place order for milk, cheese, or any other product that is running low are being introduced by major electronics manufacturers—Samsung and LG. Additionally, e-commerce platforms are rapidly increasing due to the ease of shopping and growing smartphone penetration in the market. Growing need for data analysis and integration of analytics is anticipated to drive the utilization of IoT, subsequently expected to drive the IoT monetization market over the forecast period.

Automotive is one of the largest sectors in terms of IoT implementation, with self-driving cars, security features, data analytics, in-vehicle infotainment, predictive maintenance, and real-time monitoring, and dashboard reporting being among the key applications. The high level of competition in the global automotive sector is augmenting the adoption of advanced technologies such as IoT and AI. Audi, BMW, General Motors, and Mercedes-Benz are among a few major automakers offering advanced infotainment systems integrated with innovative technologies into their cars. Moreover, the mounting demand for connected vehicles and rising investments in autonomous cars are boosting the adoption of IoT and efficient communication technologies, such as 4G and 5G, contributing to the IoT monetization market growth. Moreover, Automotive systems that can be enhanced with the implementation of IoT technologies include logistics management, fleet management, telematics, sensor sharing, advanced driver assistance systems, infotainment, and autonomous driving. Thus, the high adoption of IoT technology in the automotive section is likely to propel the IoT monetization market growth during the forecast period.

Speak to Research Expert:

In the IoT monetization market, countries such as India, South Africa, and the UAE are witnessing a high transition from traditional to digital ecosystems across industries. The growing trend of digitalization creates a huge demand for connected ecosystems, resulting in the growing demand for IoT-based solutions. The investments in IoT start-ups and supporting IoT monetization market ecosystems are also bolstering the research and development related to the IoT technology. Moreover, continuous improvements in cloud infrastructure and reducing costs of data services are fuelling digitalization in industrial processes. Furthermore, the IoT monetization market is witnessing a significant increase in the number of service providers such as system integrators, managed service providers, and IoT distributors. They play a key role in the installation, management, and monitoring of IoT solutions. The IoT monetization market ecosystem is fragmented and involves various intermediaries at every stage of the ecosystem. System integrators integrate all components into a whole and deliver the integrated systems to the retailers, while managed service providers offer numerous services such as device management, data management, security management, and network management to end users. Thus, the expected increase in digitalization across different sectors and rising dependence on service providers are emerging as key trends in IoT monetization market.

Directly Purchase “Single User License” of IoT Monetization Market Growth Report (2022-2028) at:

Browse other research published by The Insight Partners: 

Internet of Things Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Component, Connectivity Technology and Application

Data Monetization Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Component (Software and Services); Application (Sales & Marketing, Supply Chain Management, Operations and Finance); Industry (Manufacturing, BFSI, E-Commerce & Retail, Travel & Logistics, IT & Telecom, and Healthcare)

Consumer IoT Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Component (Processor, Sensor, Connectivity IC, Memory Device, and Logic Device); Network Infrastructure (Server, Storage , Ethernet Switch and Routing, and Gateway); Solution (Software and Service); and Application (Wearable Devices, Consumer Electronics, Home Automation, Automotive, and Healthcare)

IoT Gateway Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Component (Processor, Sensor, FPGA, Memory, Others); Node (Smart Watch, RADAR, Camera, Thermostat, Smart TV, Actuator, Others); Connectivity (Wi-Fi, Bluetooth, Ethernet, Zigbee, Z-Wave, Others); Application (Healthcare, Consumer Electronics, Building Automation, Automotive and Transportation, Industrial, Others) and Geography

Data Analytics Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Component (Solution, Services); Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics); Enterprise Size (Small and Medium-Size Enterprises, Large Enterprises); Deployment Type (Cloud, On-premises); Application (Enterprise Resource Planning, Supply Chain Management, Database Management, Human Resource Management); End-user (BFSI, IT and Telecom, Retail and E-Commerce, Transport and Logistics, Healthcare, Media and Entertainment, Others) and Geography

In-vehicle Infotainment Market to 2025 – Global Analysis and Forecasts by Operating System (Microsoft, QNX, Linux); Interaction Type (Touch-based, Vice-enabled, Physically Button Controlled and Gestures); & Connectivity Technology (Wi-Fi, Bluetooth and NFC)

Predictive Maintenance Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component (Solutions and Services), Deployment Type (Cloud and On-Premise), Technique (Vibration Monitoring, Electrical Testing, Oil Analysis, Ultrasonic Leak Detectors, Shock Pulse, Infrared and Others), and Industry (Manufacturing, Energy & Utilities, Aerospace & Defense, Transportation & Logistics, Oil & Gas, and Others)

Internet of Things (IoT) in Transportation Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Component (Hardware, Software, and Service); Vertical (Airways, Railways, Roadways, and Maritime); Application (Asset Utilization, Fleet Management, Transit Management, Inventory Management, and Geo-Fencing)

Real-Time Location Systems Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Offering (Hardware, Software, and Services), Technology [Radio Frequency Identification (RFID), Ultra-Wideband (UWB), Bluetooth Low Energy (BLE), Ultrasound, Infrared (IR), GPS, and Others], Industry Vertical (Heavy Industries, Manufacturing, Retail, Oil and Gas, Automotive, Construction, Government and Defense, Education, and Others), and Application (Personnel/Staff Locating and Monitoring, Access Control and Security, Environmental Monitoring, Warehouse Management and Monitoring, Supply Chain Management and Operational Automation/Visibility, and Others)

Real Time Analytics Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Technology (Processing in Memory, In-Database Analytics, Data Warehouse Appliances, In-Memory Analytics, Massively Parallel Programming); End User (BFSI, Manufacturing, Media and Entertainment, Government, Retail and Wholesale, Military, Others) and Geography

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
Press Release: