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Global Industry Analysts Predicts the World Internet of Things (IoT) Monetization Market to Reach $1.6 Trillion by 2026
[August 31, 2021]

Global Industry Analysts Predicts the World Internet of Things (IoT) Monetization Market to Reach $1.6 Trillion by 2026


SAN FRANCISCO, Aug. 31, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Internet of Things (IoT) Monetization - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 5; Released: April 2021
Executive Pool: 1096
Companies: 37 - Players covered include Amdocs; Aria Systems, Inc.; Cisco Systems, Inc.; Ericsson; Gemalto NV; General Electric Co; Google, Inc.; IBM Corporation; Intel Corporation; Oracle Corporation; PTC, Inc.; Robert Bosch Gmbh; SAP SE; Tata Consultancy Services and Others.
Coverage: All major geographies and key segments
Segments: Component (Solutions, Services); Vertical (Manufacturing, Transportation & Logistics, BFSI, Retail, IT & Telecom, Healthcare, Energy & Utilities, Other Verticals)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

b>Global Internet of Things (IoT) Monetization Market to Reach $1.6 Trillion by 2026



Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Monetization estimated at US$154.3 Billion in the year 2020, is projected to reach a revised size of US$1.6 Trillion by 2026, growing at a CAGR of 46.9% over the analysis period. Solutions, one of the segments analyzed in the report, is projected to record a 47.5% CAGR and reach US$1.8 Trillion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 45% CAGR for the next 7-year period.

The U.S. Market is Estimated at $73.8 Billion in 2021, While China is Forecast to Reach $262.6 Billion by 2026
The Internet of Things (IoT) Monetization market in the U.S. is estimated at US$73.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$262.6 Billion by the year 2026 trailing a CAGR of 44.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 42.1% and 39.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 30.9% CAGR. More


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About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.


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