IoT: the $1 trillion revenue opportunity
Access this insight with a Premium plan. Contact our sales team to get started.
Report details
IoT: the $1 trillion revenue opportunity
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.
Report details
IoT: the $1 trillion revenue opportunity
Related research
The State of 5G 2026
This report analyses the state of 5G, seven years after its commercial launch, using GSMA Intelligence’s 5G Connectivity Index to benchmark 46 markets across 5G infrastructure and services. It shows broad convergence across the foundation components (coverage, affordability, adoption), but reveals a widening gap on advanced capabilities, including 5G standalone (SA), 5G‑Advanced, uplink performance, fixed wireless access (FWA), IoT and RedCap.
From connectivity provider to growth partner
Small and medium-sized enterprises (SMEs) are digitising rapidly, but telcos seize only a fraction of the opportunity due to gaps between SME expectations and current offerings. To unlock growth, telcos must simplify integration, make reliability visible, and shift from offering security tools to managed protection, delivering integrated, outcome-oriented solutions.
5G in Malaysia: driving a fast-growing tech economy
Malaysia is emerging as one of Southeast Asia’s most strategically important digital economies, underpinned by strong government support, rising enterprise technology investment and one of the region’s most advanced 5G rollouts. 5G adoption in Malaysia now at around 50% of the mobile customer base, meaning the country has the infrastructure underpinning to drive enterprise transformation.
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
The State of 5G 2026
This report analyses the state of 5G, seven years after its commercial launch, using GSMA Intelligence’s 5G Connectivity Index to benchmark 46 markets across 5G infrastructure and services. It shows broad convergence across the foundation components (coverage, affordability, adoption), but reveals a widening gap on advanced capabilities, including 5G standalone (SA), 5G‑Advanced, uplink performance, fixed wireless access (FWA), IoT and RedCap.
From connectivity provider to growth partner
Small and medium-sized enterprises (SMEs) are digitising rapidly, but telcos seize only a fraction of the opportunity due to gaps between SME expectations and current offerings. To unlock growth, telcos must simplify integration, make reliability visible, and shift from offering security tools to managed protection, delivering integrated, outcome-oriented solutions.
5G in Malaysia: driving a fast-growing tech economy
Malaysia is emerging as one of Southeast Asia’s most strategically important digital economies, underpinned by strong government support, rising enterprise technology investment and one of the region’s most advanced 5G rollouts. 5G adoption in Malaysia now at around 50% of the mobile customer base, meaning the country has the infrastructure underpinning to drive enterprise transformation.
- 200 reports a year
- 50 million data points
- Over 350 metrics