IoT: the $1 trillion revenue opportunity

This report is available to those subscribed to the IoT & Enterprise module.
The global Internet of Things (IoT) market will be worth $1.1 trillion in revenue by 2025 as market value shifts from connectivity to applications, platforms and services. Players from a range of backgrounds – including telecoms, IT, device manufacturing and systems integration – are all vying to capture a portion of this opportunity.
The latest forecasts from GSMA Intelligence outline IoT revenue growth over the period 2010–2025 for every region worldwide. Although connectivity revenue will grow over the period, it will only account for 5% of the total IoT revenue opportunity by 2025. Meanwhile, the applications, platforms and services segment will continue to increase as a share of overall IoT revenue, capturing two-thirds of the total by 2025. Professional services, and in particular systems integration, will account for the remainder.
The accompanying report “IoT: the $1 trillion revenue opportunity” highlights the key drivers of market growth and delves into our thinking behind the numbers.
Related research
Accelerating digital industries in the GCC and wider MENA region: trends shaping the B2B opportunity
GSMA Intelligence surveyed more than 850 enterprises across 10 vertical sectors in eight MENA countries to gain insight into their digital transformation. This report highlights the key findings. As digital industries continue to evolve, the report identifies three B2B opportunities for operators.
Capturing the B2B opportunity: enterprises will spend 10% of their revenues on digital transformation through to 2030
GSMA Intelligence's Chart of the Month is a visual way of telling an important story in the mobile and broader tech ecosystem. From the shape and size of markets to trends in consumer behaviour, we aim to provide food for thought through informative visuals designed to bring colour and clarity to complex issues facing the industry. This edition looks at how enterprises plan to distribute their spending on digital transformation through to 2030.
IoT and enterprise markets: five trends to watch in 2026
How will the industry evolve in 2026? This series of reports highlights the key trends to watch and the implications for ecosystem players. This report examines the IoT and enterprise markets.
Authors
How to access this report
Annual subscription: Subscribe to our research modules for comprehensive access to more than 200 reports per year.
Enquire about subscriptionContact our research team
Get in touch with us to find out more about our research topics and analysis.
Contact our research teamMedia
To cite our research, please see our citation policy in our Terms of Use, or contact our Media team for more information.
Learn moreRelated research
Accelerating digital industries in the GCC and wider MENA region: trends shaping the B2B opportunity
GSMA Intelligence surveyed more than 850 enterprises across 10 vertical sectors in eight MENA countries to gain insight into their digital transformation. This report highlights the key findings. As digital industries continue to evolve, the report identifies three B2B opportunities for operators.
Capturing the B2B opportunity: enterprises will spend 10% of their revenues on digital transformation through to 2030
GSMA Intelligence's Chart of the Month is a visual way of telling an important story in the mobile and broader tech ecosystem. From the shape and size of markets to trends in consumer behaviour, we aim to provide food for thought through informative visuals designed to bring colour and clarity to complex issues facing the industry. This edition looks at how enterprises plan to distribute their spending on digital transformation through to 2030.
IoT and enterprise markets: five trends to watch in 2026
How will the industry evolve in 2026? This series of reports highlights the key trends to watch and the implications for ecosystem players. This report examines the IoT and enterprise markets.
- 200 reports a year
- 50 million data points
- Over 350 metrics
