{"id":43352,"date":"2020-08-13T11:32:05","date_gmt":"2020-08-13T10:32:05","guid":{"rendered":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/internet-of-things\/gsma_resources\/gsmai-iot-revenue-2020\/"},"modified":"2020-08-13T11:32:05","modified_gmt":"2020-08-13T10:32:05","slug":"gsmai-iot-revenue-2020","status":"publish","type":"gsma_theme_resources","link":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/internet-of-things\/gsma_resources\/gsmai-iot-revenue-2020\/","title":{"rendered":"IoT Revenue: State of the Market 2020"},"content":{"rendered":"

This premium research is exclusively available to full GSMA Intelligence subscribers<\/em><\/p>\n

The global Internet of Things (IoT) market will be worth $900 billion in revenue by 2025 – an almost threefold increase on 2019. However, we expect the revenue opportunity to contract by $200 billion compared to our previous forecast, on account of Covid-19.<\/p>\n

Enterprises have had to readjust their operations in response to Covid-19, focusing more on remote access and automation. This places an emphasis on software tools and cloud in the short term, and the need to digitise operations over the long term. As such, the bulk of IoT revenue is generated by applications, platforms and services that exploit the insights generated by data. Growth in ‘useful’ data and advances in AI and machine learning will continue to increase the applicability and value of data analytics. Meanwhile, we forecast professional services to be hit the hardest by Covid-19. As economic growth returns, however, we expect IoT professional services revenue growth to return to pre-Covid-19 levels; systems integration will be the main contributor to revenue. Although connectivity revenue will grow over the period, it will only account for 5% of the total IoT revenue opportunity by 2025. Operators have been expanding their capabilities beyond connectivity to capture a larger proportion of the overall market.<\/p>\n

Contact the GSMA Intelligence Team<\/b><\/a> to inquire about your subscription options.<\/p>\n","protected":false},"excerpt":{"rendered":"

[GSMA Intelligence] The global Internet of Things (IoT) market will be worth $900 billion in revenue by 2025 – an almost threefold increase on 2019. However, we expect the revenue opportunity to contract by $200 billion compared to our previous forecast…<\/p>\n","protected":false},"author":63,"featured_media":0,"template":"","meta":{"image":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/internet-of-things\/wp-content\/uploads\/2020\/08\/2020-08-GSMAi-IoT-revenue-state-of-the-market-2020-1.png","json":{"gsma_resources_type":"Document","gsma_resources_thumb":"[30911]","gsma_resources_file":"[]","gsma_resources_multi":null,"gsma_resources_wgr":null,"gsma_resources_video":null,"gsma_resources_image":"[]","gsma_resources_url":"https:\/\/data.gsmaintelligence.com\/research\/research\/research-2020\/iot-revenue-state-of-the-market-2020","gsma_resources_date":"13-08-2020","gsma_resources_button":"Download via GSMA Intelligence Website"}},"tags":[],"resource_categories":[9300],"algolia_discover_type":[14685],"class_list":["post-43352","gsma_theme_resources","type-gsma_theme_resources","status-publish","hentry","resource_categories-resources","algolia_discover_type-resource"],"yoast_head":"\nIoT Revenue: State of the Market 2020 | Internet of Things<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/internet-of-things\/gsma_resources\/gsmai-iot-revenue-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IoT Revenue: State of the Market 2020\" \/>\n<meta property=\"og:description\" content=\"[GSMA Intelligence] The global Internet of Things (IoT) market will be worth $900 billion in revenue by 2025 - an almost threefold increase on 2019. However, we expect the revenue opportunity to contract by $200 billion compared to our previous forecast...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/internet-of-things\/gsma_resources\/gsmai-iot-revenue-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Internet of Things\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gsma\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@GSMA\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IoT Revenue: State of the Market 2020 | Internet of Things","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/internet-of-things\/gsma_resources\/gsmai-iot-revenue-2020\/","og_locale":"en_US","og_type":"article","og_title":"IoT Revenue: State of the Market 2020","og_description":"[GSMA Intelligence] The global Internet of Things (IoT) market will be worth $900 billion in revenue by 2025 - an almost threefold increase on 2019. 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