Quick Summary:
In an increasingly connected world, the raising importance and growth potential of the Internet of Things (IoT) Monetization market is impossible to ignore. Expected to exceed a global market worth of US$4 Trillion by 2030, investing in our comprehensive market research report now equips you with vital insights and niche market perspectives to capitalize on this promising industry landscape.
Our report dives deep into all segments of the IoT Monetization market, from solutions to services. Furthermore, it offers a comparative study of significant global markets such as the U.S. and China, along with European economies like Germany, to aid in a broader perception and understanding. Including unique insights on market shares and competitivity, our market research report is an invaluable tool for executives aspiring to make informed, strategic decisions in the ever-evolving IoT Monetization market. Bonus features include access to our digital archives and research platform, along with complimentary updates for one year.
Global Internet of Things (IoT) Monetization Market to Reach $4 Trillion by 2030
The global market for Internet of Things (IoT) Monetization estimated at US$155.3 Billion in the year 2022, is projected to reach a revised size of US$4 Trillion by 2030, growing at a CAGR of 49.9% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 51.4% CAGR and reach US$2.9 Trillion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 46.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $47.3 Billion, While China is Forecast to Grow at 46.5% CAGR
The Internet of Things (IoT) Monetization market in the U.S. is estimated at US$47.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$587.3 Billion by the year 2030 trailing a CAGR of 46.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 44.6% and 41.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 33.1% CAGR.Select Competitors (Total 37 Featured) -
- ABB Ltd.
- ABB S.p.A
- Aeris Communications, Inc.
- AMDOCS
- Aria Systems, Inc.
- Avnet, Inc.
- Ayla Networks, Inc.
- BSMART System Solutions Sdn. Bhd.
- Cisco Systems, Inc.
- Clipkick, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Internet of Things (IoT) Monetization?
What is the growth rate of the Global Market for Internet of Things (IoT) Monetization?
What is the forecasted size of the Global Market for Internet of Things (IoT) Monetization?
Who are the key companies in the Global Market for Internet of Things (IoT) Monetization?
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 155.3 Billion |
| Forecasted Market Value ( USD | $ 4000 Billion |
| Compound Annual Growth Rate | 50.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Ltd.
- ABB S.p.A
- Aeris Communications, Inc.
- AMDOCS
- Aria Systems, Inc.
- Avnet, Inc.
- Ayla Networks, Inc.
- BSMART System Solutions Sdn. Bhd.
- Cisco Systems, Inc.
- Clipkick, Inc.
