From GlobeNewswire: 2025-06-16 10:00:00

The IoT Monetization Market was valued at USD 639.88 billion in 2023 and is projected to reach USD 27,875.59 billion by 2032, with a CAGR of 52.1% from 2024 to 2032. Major players include SAP SE, Intel Corporation, and Cisco Systems, Inc. The growth is driven by connected devices and data-driven revenue models.

In the U.S., the IoT Monetization Market was USD 199.06 billion in 2023, expected to reach USD 7,611.49 billion by 2032 with a CAGR of 49.95%. Growth is due to smart infrastructure investments, IoT adoption in various sectors, and real-time data analytics demand for efficiency.

Consumer electronics dominate IoT Monetization Market, driven by smart gadgets and wearables. Healthcare sector is projected to grow fastest at a CAGR of 55.46%, with telehealth and smart medical devices adoption. IT segment leads with 27% revenue share, while supply chain segment is forecasted to grow at 53.53% CAGR.

North America led IoT Monetization Market in 2023 with a 44% revenue share. Asia Pacific is expected to grow fastest at a CAGR of 54.39% from 2024 to 2032, driven by smart city development and industrialization. SNS Insider provides market research and consulting services globally, offering accurate data and insights for confident decision-making.



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