×
  • Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    US IoT Monetization Market

    ID: MRFR/ICT/13909-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US IoT Monetization Market Research Report: By Component (Solutions, Services), By Organization Size (Large Enterprises, Small & Medium-Sized Enterprises), By Industry Vertical (Retail, IT & Telecom, Manufacturing, Transportation & Logistics, Healthcare, BFSI, Energy & Utilities, Others) and By Business Function (Marketing & Sales, IT, Finance, Supply Chain, Operations) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US IoT Monetization Market Infographic
    Purchase Options

    US IoT Monetization Market Summary

    As per MRFR analysis, the US IoT Monetization Market Size was estimated at 104.55 USD Million in 2024. The US iot monetization market is projected to grow from 120.63 USD Million in 2025 to 504.45 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 15.38% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US IoT monetization market is poised for substantial growth driven by innovative business models and technological advancements.

    • The emergence of subscription models is reshaping revenue streams across various sectors.
    • Data-driven insights are becoming crucial for businesses to enhance operational efficiency and customer engagement.
    • The focus on security and compliance is intensifying as organizations seek to protect sensitive data in IoT ecosystems.
    • Increased adoption of smart devices and expansion of 5G networks are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 104.55 (USD Million)
    2035 Market Size 504.45 (USD Million)

    Major Players

    IBM (US), Microsoft (US), Cisco (US), Amazon (US), SAP (DE), Oracle (US), Siemens (DE), GE (US), Honeywell (US)

    US IoT Monetization Market Trends

    The IoT monetization market is currently experiencing a transformative phase., driven by advancements in technology and increasing demand for connected devices. As organizations seek to leverage data generated by IoT devices, innovative monetization strategies are emerging. This market is characterized by a diverse range of applications, from smart home solutions to industrial automation, each presenting unique opportunities for revenue generation. Companies are exploring subscription models, data analytics services, and value-added offerings to capitalize on the growing ecosystem of connected devices. Moreover, regulatory frameworks and standards are evolving to support the expansion of the iot monetization market. Government initiatives aimed at fostering innovation and ensuring data security are likely to play a crucial role in shaping market dynamics. As businesses adapt to these changes, collaboration between technology providers and end-users is becoming increasingly important. This collaborative approach may enhance the development of tailored solutions that meet specific market needs, ultimately driving growth and sustainability in the sector.

    Emergence of Subscription Models

    A notable trend within the iot monetization market is the rise of subscription-based pricing models. Companies are shifting from traditional one-time sales to recurring revenue streams, allowing for more predictable income. This approach not only enhances customer retention but also facilitates ongoing service improvements and updates.

    Data-Driven Insights

    The utilization of data analytics is becoming increasingly prevalent in the iot monetization market. Organizations are harnessing the vast amounts of data generated by connected devices to derive actionable insights. This trend enables businesses to optimize operations, enhance customer experiences, and create new revenue opportunities.

    Focus on Security and Compliance

    As the iot monetization market expands, there is a growing emphasis on security and regulatory compliance. Companies are prioritizing the protection of sensitive data and ensuring adherence to evolving regulations. This focus on security is likely to influence product development and customer trust in the market.

    US IoT Monetization Market Drivers

    Expansion of 5G Networks

    The rollout of 5G networks in the US is poised to significantly impact the iot monetization market. With faster data transfer rates and lower latency, 5G technology enables more efficient communication between devices. This advancement is expected to facilitate the deployment of more complex IoT applications, which in turn could lead to increased monetization opportunities. By 2025, it is projected that 5G will cover over 50% of the US population, allowing businesses to harness real-time data analytics and improve service delivery. The enhanced connectivity provided by 5G networks may encourage companies to explore new revenue streams, such as pay-per-use models and data-sharing agreements, thereby driving growth in the iot monetization market.

    Emergence of New Business Models

    The IoT monetization market is experiencing a transformation due to the emergence of new business models.. Companies are increasingly exploring innovative ways to monetize IoT data, such as offering data-as-a-service or creating platform-based ecosystems. This shift is driven by the need for businesses to adapt to changing consumer preferences and market dynamics. In 2025, it is anticipated that over 40% of organizations in the US will adopt new monetization strategies, reflecting a growing recognition of the potential value of IoT data. As these new models take shape, they are likely to create additional revenue streams and enhance customer engagement, further propelling the growth of the iot monetization market.

    Increased Adoption of Smart Devices

    The proliferation of smart devices across various sectors is a primary driver of the iot monetization market. As more businesses and consumers adopt smart technologies, the demand for monetization strategies increases. In 2025, it is estimated that the number of connected devices in the US will surpass 30 billion, creating vast opportunities for service providers. This surge in device adoption necessitates innovative monetization models, enabling companies to capitalize on the data generated by these devices. The IoT monetization market is likely to benefit from this trend., as organizations seek to leverage device connectivity for revenue generation. Furthermore, the integration of smart devices into everyday life enhances the potential for subscription-based services, which could account for a substantial portion of market revenue.

    Regulatory Support for IoT Innovations

    Regulatory frameworks in the US are increasingly supporting the growth of the iot monetization market. Government initiatives aimed at fostering innovation in IoT technologies are creating a conducive environment for businesses to thrive. Policies that promote data sharing and interoperability among devices are likely to enhance the monetization potential of IoT solutions. In 2025, it is expected that regulatory bodies will introduce more guidelines to ensure data privacy and security, which could bolster consumer trust in IoT applications. This regulatory support may encourage companies to invest in IoT solutions, thereby driving demand for monetization strategies that align with compliance requirements. As a result, The IoT monetization market could see accelerated growth fueled by favorable regulatory conditions..

    Growing Demand for Predictive Maintenance

    The increasing focus on predictive maintenance across industries is a significant driver for the iot monetization market. Companies are recognizing the value of utilizing IoT technologies to predict equipment failures and optimize maintenance schedules. This approach not only reduces downtime but also lowers operational costs. In 2025, the predictive maintenance market in the US is expected to reach $10 billion, indicating a strong inclination towards data-driven maintenance solutions. As organizations invest in IoT systems to enhance their maintenance strategies, the demand for monetization solutions that can analyze and interpret data will likely rise. This trend suggests that the iot monetization market will continue to expand as businesses seek to maximize the value derived from their IoT investments.

    Market Segment Insights

    By Component: Solutions (Largest) vs. Services (Fastest-Growing)

    In the US iot monetization market, Solutions hold the largest share, dominating the landscape with a robust market presence. On the other hand, Services have emerged as the fastest-growing segment, indicating a shift in consumer preference towards integrated service offerings that enhance user experience and functionality. This dynamic creates a diverse ecosystem where both segments play crucial roles in the overall market strategy. As the market evolves, the growth trends reflect the increasing importance of digital solutions and managed services. Solutions are preferred for their scalability and reliability, appealing to established businesses, while Services are gaining traction among startups and smaller enterprises looking for flexibility. The drivers of growth include advancements in IoT technology, rising demand for cloud-based solutions, and increasing investments in smart infrastructure.

    Solutions (Dominant) vs. Services (Emerging)

    Solutions in the US iot monetization market are characterized by their comprehensive offerings that cater to a wide range of customer needs, providing essential tools for data management and analysis. They are well-established, with a proven track record in delivering value through innovation and integration. Meanwhile, Services represent an emerging trend, focusing on customization and adaptability to meet specific client requirements. These services often enhance the effectiveness of existing solutions, engaging clients through ongoing support and consultation, thus contributing to a more personalized user experience. Together, both segments highlight the market's versatility and the need for a balanced approach between established solutions and dynamic service offerings.

    By Organization Size: Large Enterprises (Largest) vs. Small & Medium-Sized Enterprises (Fastest-Growing)

    In the US iot monetization market, the distribution among organization sizes reveals a significant dominance of large enterprises, capturing a substantial share of the market. These enterprises leverage their extensive resources and capabilities to implement advanced IoT solutions, resulting in a strong market position. Conversely, small and medium-sized enterprises are emerging with a rapidly growing presence, as they increasingly adopt IoT technologies to enhance operational efficiency and competitiveness. Growth trends indicate that while large enterprises remain the largest segment in terms of market share, the adoption rates among small and medium-sized enterprises are accelerating, fueled by the affordability and accessibility of IoT solutions. Factors driving this growth include the need for digital transformation, improved data analytics, and enhanced customer engagement strategies, positioning small and medium-sized enterprises as a vital and fast-evolving segment in the market.

    Large Enterprises (Dominant) vs. Small & Medium-Sized Enterprises (Emerging)

    Large enterprises in the US iot monetization market are characterized by their substantial resources and ability to invest in comprehensive IoT solutions that enhance operational capabilities and customer engagement. These organizations typically have established infrastructure and are more inclined to integrate IoT technology into their processes, leading to improved efficiencies and competitive advantages. In contrast, small and medium-sized enterprises are emerging as significant players, driven by the increasing availability of affordable IoT solutions. These organizations are leveraging IoT to streamline operations and drive innovation, positioning themselves as dynamic and agile competitors in the market, despite their smaller scale.

    By Industry Vertical: Retail (Largest) vs. Healthcare (Fastest-Growing)

    The US iot monetization market exhibits a diverse distribution of market share across various industry verticals. Retail holds the largest share, driven by the increasing adoption of IoT solutions to enhance customer experience and streamline operations. Other significant sectors include IT & Telecom and Manufacturing, which leverage IoT technologies for efficiency and productivity gains. Recent growth trends indicate that the Healthcare sector is emerging as the fastest-growing segment due to a rising focus on patient monitoring and telehealth solutions. Factors propelling growth include advancements in IoT device capabilities, favorable government initiatives, and a rising demand for automation and data-driven insights across industries.

    Retail: Dominant vs. Healthcare: Emerging

    Retail stands out as the dominant sector in the US iot monetization market, characterized by its extensive use of IoT solutions for inventory management, customer engagement, and operational efficiency. This segment benefits from high customer interaction points, making it ideal for deploying IoT technologies. Conversely, Healthcare, classified as an emerging sector, is increasingly adopting IoT for applications such as remote patient monitoring, smart health devices, and improved healthcare management. This sector's rapid growth is supported by technological advancements and a strong demand for improved healthcare service delivery.

    By Business Function: Marketing & Sales (Largest) vs. IT (Fastest-Growing)

    In the US iot monetization market, the distribution of market share among various business functions shows that Marketing & Sales leads the segment with significant dominance. This function is geared towards enhancing customer engagement and optimizing conversion strategies, which drives its robust market position. In contrast, IT, while currently smaller in share compared to Marketing & Sales, is rapidly expanding as organizations increasingly rely on technology integration and data analytics for their business processes. Growth trends in the business function segment are being driven by the necessity for automation and efficiency. As industries recognize the value of IoT solutions, the IT segment is witnessing accelerated investments aimed at achieving smarter data management and operational agility. Simultaneously, Marketing & Sales continue to evolve with enhanced IoT applications that facilitate personalized marketing strategies and customer data insights, indicating a strong trajectory for both segments.

    Marketing & Sales (Dominant) vs. IT (Emerging)

    Marketing & Sales is a dominant force in the US iot monetization market, integrating IoT technologies to drive customer-centric strategies and enhance market outreach. This segment leverages detailed analytics to tailor campaigns and improve customer interactions, making it integral to business growth. On the other hand, IT represents an emerging segment focused on the deployment of cutting-edge IoT solutions for improved data processing and management. As businesses seek to bolster their technological frameworks, the demand for IT solutions is on the rise, presenting ample opportunities for growth. Together, these segments showcase a dynamic interplay between traditional marketing strategies and innovative technological advancements within the IoT landscape.

    Get more detailed insights about US IoT Monetization Market

    Key Players and Competitive Insights

    The iot monetization market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for connected devices. Major players such as IBM (US), Microsoft (US), and Cisco (US) are strategically positioning themselves through innovation and partnerships. IBM (US) focuses on leveraging its cloud capabilities to enhance IoT solutions, while Microsoft (US) emphasizes its Azure platform to facilitate seamless integration of IoT applications. Cisco (US) is enhancing its security offerings to protect IoT networks, indicating a collective shift towards comprehensive solutions that address both connectivity and security challenges.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market appears moderately fragmented, with a mix of established players and emerging startups. This structure allows for diverse offerings, yet the influence of key players remains substantial, as they set industry standards and drive innovation.

    In October 2025, IBM (US) announced a partnership with a leading automotive manufacturer to develop a new IoT platform aimed at improving vehicle connectivity and data analytics. This strategic move is likely to enhance IBM's presence in the automotive sector, showcasing its commitment to expanding its IoT capabilities and addressing the growing demand for smart vehicles. The collaboration may also facilitate the integration of AI-driven insights, further solidifying IBM's competitive edge.

    In September 2025, Microsoft (US) launched a new initiative focused on sustainability within its IoT solutions, aiming to help businesses reduce their carbon footprint through data-driven insights. This initiative not only aligns with global sustainability goals but also positions Microsoft as a leader in environmentally conscious technology. By integrating sustainability into its IoT offerings, Microsoft is likely to attract a broader customer base that prioritizes eco-friendly practices.

    In August 2025, Cisco (US) unveiled an advanced security framework specifically designed for IoT devices, addressing the increasing concerns over cybersecurity threats. This strategic action underscores Cisco's commitment to ensuring the safety of connected devices, which is crucial as the number of IoT deployments continues to rise. By enhancing its security measures, Cisco is likely to strengthen its market position and build trust among customers.

    As of November 2025, current trends in the iot monetization market include a strong emphasis on digitalization, sustainability, and AI integration. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to pool resources and expertise. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition towards innovation, technology, and supply chain reliability. Companies that can effectively leverage these trends are likely to emerge as leaders in the market.

    Key Companies in the US IoT Monetization Market market include

    Industry Developments

    Recent developments in the US IoT Monetization Market have seen significant advancements and strategic movements among major players. Companies like SAP and Oracle are increasingly focusing on enhancing their IoT platforms to improve data insights and operational efficiencies. Cisco and IBM are also making strides by leveraging edge computing to facilitate real-time data utilization, which is crucial for monetization strategies. In terms of mergers and acquisitions, Oracle announced its acquisition of Cerner in June 2022, strengthening its healthcare IoT capabilities, while Siemens completed the acquisition of Solvay's digital business in April 2022 to bolster its digital offerings.

    Additionally, Microsoft and Verizon formed a strategic alliance in March 2023 to enhance connected solutions, further pushing the envelope for IoT monetization. Growth has been notable in market valuations; for instance, the US IoT market is expected to surpass $500 billion by 2024, largely fueled by investments in smart cities and industrial automation technologies. Over the past few years, advancements in 5G technology have paved the way for numerous IoT applications, with the Federal Communications Commission actively promoting a regulatory framework to support these technologies. The landscape is dynamic, reflecting continuous innovation and collaborative ventures.

    Future Outlook

    US IoT Monetization Market Future Outlook

    The IoT monetization market is projected to grow at a 15.38% CAGR from 2024 to 2035., driven by increased connectivity, data analytics, and innovative business models.

    New opportunities lie in:

    • Subscription-based IoT service models for smart home devices.
    • Data monetization strategies leveraging real-time analytics.
    • Partnerships with telecom providers for enhanced IoT connectivity solutions.

    By 2035, the market is expected to achieve substantial growth, driven by innovative monetization strategies.

    Market Segmentation

    US IoT Monetization Market Component Outlook

    • Solutions
    • Services

    US IoT Monetization Market Business Function Outlook

    • Marketing & Sales
    • IT
    • Finance
    • Supply Chain
    • Operations

    US IoT Monetization Market Industry Vertical Outlook

    • Retail
    • IT & Telecom
    • Manufacturing
    • Transportation & Logistics
    • Healthcare
    • BFSI
    • Energy & Utilities
    • Others

    US IoT Monetization Market Organization Size Outlook

    • Large Enterprises
    • Small & Medium-Sized Enterprises

    Report Scope

    MARKET SIZE 2024 104.55(USD Million)
    MARKET SIZE 2025 120.63(USD Million)
    MARKET SIZE 2035 504.45(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 15.38% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled IBM (US), Microsoft (US), Cisco (US), Amazon (US), SAP (DE), Oracle (US), Siemens (DE), GE (US), Honeywell (US)
    Segments Covered Component, Organization Size, Industry Vertical, Business Function
    Key Market Opportunities Integration of advanced analytics and AI enhances revenue streams in the iot monetization market.
    Key Market Dynamics Growing demand for IoT solutions drives competitive innovation and regulatory adaptation in the monetization landscape.
    Countries Covered US

    Leave a Comment

    FAQs

    What is the expected market size of the US IoT Monetization Market in 2024?

    The US IoT Monetization Market is expected to be valued at 100.0 million USD in 2024.

    What is the projected market size of the US IoT Monetization Market by 2035?

    By 2035, the US IoT Monetization Market is projected to reach 1900.0 million USD.

    What is the estimated compound annual growth rate (CAGR) for the US IoT Monetization Market from 2025 to 2035?

    The estimated CAGR for the US IoT Monetization Market is 30.692 percent from 2025 to 2035.

    Which segments of the US IoT Monetization Market are expected to see significant growth?

    The segments expected to see significant growth are Solutions, valued at 1140.0 million USD by 2035, and Services, which is projected to reach 760.0 million USD.

    Who are the key players in the US IoT Monetization Market?

    Key players in the US IoT Monetization Market include SAP, Oracle, IBM, Microsoft, and Cisco.

    What is the value of the Solutions segment in the US IoT Monetization Market in 2024?

    The Solutions segment of the US IoT Monetization Market is expected to be valued at 60.0 million USD in 2024.

    What opportunities exist in the US IoT Monetization Market?

    Opportunities in the US IoT Monetization Market include emerging trends in smart cities, connected devices, and data analytics.

    What is the expected market value of the Services segment by 2035?

    The Services segment of the US IoT Monetization Market is expected to reach 760.0 million USD by 2035.

    What challenges are faced by the US IoT Monetization Market?

    Challenges in the US IoT Monetization Market include regulatory hurdles and security concerns surrounding data privacy.

    What impact does the current global scenario have on the US IoT Monetization Market?

    The current global scenario impacts the US IoT Monetization Market by driving demand for connectivity solutions and analytics services.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions