The Latin America, Middle East and Africa IoT Monetization Market would witness market growth of 57.7% CAGR during the forecast period (2022-2028).
Industrial equipment, for instance, might be connected to a digital platform where providers generate extra revenue by charging consumers a subscription in exchange for insightful business data. This kind of monetization scheme results from the use of an adaptable software-as-a-service (SaaS) paradigm, which provides extra income on top of the core product/service. SaaS solutions are flexible, scalable, and adaptable, making them simple to implement across a range of sectors. SaaS solutions provide value-added services, which are the last layer needed to create a data ecosystem with real economic value.
The real benefits would come from utilizing and developing fresh business models based on the requirements and potential of ever-smarter machines while also ensuring that these models meet societal needs. An aggregation of machines over the network, where a large number of devices can buy and sell information, presents the opportunity to produce and charge for value in the case of machines supporting other machines.
The retail industry is highly developed in South Africa. The South African retail food industry is well-established and is still growing in other African nations. According to the Food and Agriculture Department, retail food sales in South Africa reached $40 billion in 2021, a 0.2% gain above 2020 as the country's economy started to recover from the COVID-19 pandemic's consequences. The expansion came after COVID-19 laws were relaxed and in-store shopping rates increased. The food retail sector in South Africa has proven to be strong and resilient during the outbreak and the upheaval in 2021, and the country continues to serve as the key entry point for commerce with other Southern African nations.
The Brazil market dominated the LAMEA IoT Monetization Market by Country in 2021; thereby, achieving a market value of $30.6 billion by 2028. The Argentina market is exhibiting a CAGR of 58.5% during (2022 - 2028). Additionally, The UAE market would experience a CAGR of 57.3% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Business Function, the market is segmented into Marketing & Sales, IT, Finance, Supply Chain and Operations. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Industry Vertical, the market is segmented into Manufacturing, BFSI, Retail, IT & Telecom, Transportation & Logistics, Healthcare, Energy & Utilities and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global IoT Monetization Market is Predict to reach $1834.7 Billion by 2028, at a CAGR of 52.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amdocs Limited, General Electric (GE) Co., Thales Group S.A. (Gemalto NV), SAP SE, Oracle Corporation, IBM Corporation, Cisco Systems, Inc., Ericsson AB, Intel Corporation and Aria Systems, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Business Function
- Marketing & Sales
- IT
- Finance
- Supply Chain
- Operations
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Industry Vertical
- Manufacturing
- BFSI
- Retail
- IT & Telecom
- Transportation & Logistics
- Healthcare
- Energy & Utilities
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Amdocs Limited
- General Electric (GE) Co.
- Thales Group S.A. (Gemalto NV)
- SAP SE
- Oracle Corporation
- IBM Corporation
- Cisco Systems, Inc.
- Ericsson AB
- Intel Corporation
- Aria Systems, Inc.
TABLE 1 LAMEA IoT Monetization Market, 2018 - 2021, USD Million
TABLE 2 LAMEA IoT Monetization Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – IoT Monetization Market
TABLE 4 Product Launches And Product Expansions – IoT Monetization Market
TABLE 5 Acquisition and Mergers – IoT Monetization Market
TABLE 6 LAMEA IoT Monetization Market by Component, 2018 - 2021, USD Million
TABLE 7 LAMEA IoT Monetization Market by Component, 2022 - 2028, USD Million
TABLE 8 LAMEA Solution Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Solution Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA IoT Monetization Market by Business Function, 2018 - 2021, USD Million
TABLE 13 LAMEA IoT Monetization Market by Business Function, 2022 - 2028, USD Million
TABLE 14 LAMEA Marketing & Sales Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Marketing & Sales Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA IT Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA IT Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Finance Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Finance Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Supply Chain Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Supply Chain Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Operations Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Operations Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA IoT Monetization Market by Organization Size, 2018 - 2021, USD Million
TABLE 25 LAMEA IoT Monetization Market by Organization Size, 2022 - 2028, USD Million
TABLE 26 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA IoT Monetization Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 31 LAMEA IoT Monetization Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 32 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Retail Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Retail Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 41 LAMEA Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 42 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 43 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 44 LAMEA Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 45 LAMEA Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 46 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 47 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 48 LAMEA IoT Monetization Market by Country, 2018 - 2021, USD Million
TABLE 49 LAMEA IoT Monetization Market by Country, 2022 - 2028, USD Million
TABLE 50 Brazil IoT Monetization Market, 2018 - 2021, USD Million
TABLE 51 Brazil IoT Monetization Market, 2022 - 2028, USD Million
TABLE 52 Brazil IoT Monetization Market by Component, 2018 - 2021, USD Million
TABLE 53 Brazil IoT Monetization Market by Component, 2022 - 2028, USD Million
TABLE 54 Brazil IoT Monetization Market by Business Function, 2018 - 2021, USD Million
TABLE 55 Brazil IoT Monetization Market by Business Function, 2022 - 2028, USD Million
TABLE 56 Brazil IoT Monetization Market by Organization Size, 2018 - 2021, USD Million
TABLE 57 Brazil IoT Monetization Market by Organization Size, 2022 - 2028, USD Million
TABLE 58 Brazil IoT Monetization Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 59 Brazil IoT Monetization Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 60 Argentina IoT Monetization Market, 2018 - 2021, USD Million
TABLE 61 Argentina IoT Monetization Market, 2022 - 2028, USD Million
TABLE 62 Argentina IoT Monetization Market by Component, 2018 - 2021, USD Million
TABLE 63 Argentina IoT Monetization Market by Component, 2022 - 2028, USD Million
TABLE 64 Argentina IoT Monetization Market by Business Function, 2018 - 2021, USD Million
TABLE 65 Argentina IoT Monetization Market by Business Function, 2022 - 2028, USD Million
TABLE 66 Argentina IoT Monetization Market by Organization Size, 2018 - 2021, USD Million
TABLE 67 Argentina IoT Monetization Market by Organization Size, 2022 - 2028, USD Million
TABLE 68 Argentina IoT Monetization Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 69 Argentina IoT Monetization Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 70 UAE IoT Monetization Market, 2018 - 2021, USD Million
TABLE 71 UAE IoT Monetization Market, 2022 - 2028, USD Million
TABLE 72 UAE IoT Monetization Market by Component, 2018 - 2021, USD Million
TABLE 73 UAE IoT Monetization Market by Component, 2022 - 2028, USD Million
TABLE 74 UAE IoT Monetization Market by Business Function, 2018 - 2021, USD Million
TABLE 75 UAE IoT Monetization Market by Business Function, 2022 - 2028, USD Million
TABLE 76 UAE IoT Monetization Market by Organization Size, 2018 - 2021, USD Million
TABLE 77 UAE IoT Monetization Market by Organization Size, 2022 - 2028, USD Million
TABLE 78 UAE IoT Monetization Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 79 UAE IoT Monetization Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 80 Saudi Arabia IoT Monetization Market, 2018 - 2021, USD Million
TABLE 81 Saudi Arabia IoT Monetization Market, 2022 - 2028, USD Million
TABLE 82 Saudi Arabia IoT Monetization Market by Component, 2018 - 2021, USD Million
TABLE 83 Saudi Arabia IoT Monetization Market by Component, 2022 - 2028, USD Million
TABLE 84 Saudi Arabia IoT Monetization Market by Business Function, 2018 - 2021, USD Million
TABLE 85 Saudi Arabia IoT Monetization Market by Business Function, 2022 - 2028, USD Million
TABLE 86 Saudi Arabia IoT Monetization Market by Organization Size, 2018 - 2021, USD Million
TABLE 87 Saudi Arabia IoT Monetization Market by Organization Size, 2022 - 2028, USD Million
TABLE 88 Saudi Arabia IoT Monetization Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 89 Saudi Arabia IoT Monetization Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 90 South Africa IoT Monetization Market, 2018 - 2021, USD Million
TABLE 91 South Africa IoT Monetization Market, 2022 - 2028, USD Million
TABLE 92 South Africa IoT Monetization Market by Component, 2018 - 2021, USD Million
TABLE 93 South Africa IoT Monetization Market by Component, 2022 - 2028, USD Million
TABLE 94 South Africa IoT Monetization Market by Business Function, 2018 - 2021, USD Million
TABLE 95 South Africa IoT Monetization Market by Business Function, 2022 - 2028, USD Million
TABLE 96 South Africa IoT Monetization Market by Organization Size, 2018 - 2021, USD Million
TABLE 97 South Africa IoT Monetization Market by Organization Size, 2022 - 2028, USD Million
TABLE 98 South Africa IoT Monetization Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 99 South Africa IoT Monetization Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 100 Nigeria IoT Monetization Market, 2018 - 2021, USD Million
TABLE 101 Nigeria IoT Monetization Market, 2022 - 2028, USD Million
TABLE 102 Nigeria IoT Monetization Market by Component, 2018 - 2021, USD Million
TABLE 103 Nigeria IoT Monetization Market by Component, 2022 - 2028, USD Million
TABLE 104 Nigeria IoT Monetization Market by Business Function, 2018 - 2021, USD Million
TABLE 105 Nigeria IoT Monetization Market by Business Function, 2022 - 2028, USD Million
TABLE 106 Nigeria IoT Monetization Market by Organization Size, 2018 - 2021, USD Million
TABLE 107 Nigeria IoT Monetization Market by Organization Size, 2022 - 2028, USD Million
TABLE 108 Nigeria IoT Monetization Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 109 Nigeria IoT Monetization Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 110 Rest of LAMEA IoT Monetization Market, 2018 - 2021, USD Million
TABLE 111 Rest of LAMEA IoT Monetization Market, 2022 - 2028, USD Million
TABLE 112 Rest of LAMEA IoT Monetization Market by Component, 2018 - 2021, USD Million
TABLE 113 Rest of LAMEA IoT Monetization Market by Component, 2022 - 2028, USD Million
TABLE 114 Rest of LAMEA IoT Monetization Market by Business Function, 2018 - 2021, USD Million
TABLE 115 Rest of LAMEA IoT Monetization Market by Business Function, 2022 - 2028, USD Million
TABLE 116 Rest of LAMEA IoT Monetization Market by Organization Size, 2018 - 2021, USD Million
TABLE 117 Rest of LAMEA IoT Monetization Market by Organization Size, 2022 - 2028, USD Million
TABLE 118 Rest of LAMEA IoT Monetization Market by Industry Vertical, 2018 - 2021, USD Million
TABLE 119 Rest of LAMEA IoT Monetization Market by Industry Vertical, 2022 - 2028, USD Million
TABLE 120 Key Information – Amdocs Limited
TABLE 121 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 122 key information – Thales Group S.A.
TABLE 123 Key Information – SAP SE
TABLE 124 Key Information – Oracle Corporation
TABLE 125 Key information – IBM Corporation
TABLE 126 Key Information – Cisco Systems, Inc.
TABLE 127 key information – Ericsson AB
TABLE 128 Key Information – Intel Corporation
TABLE 129 Key Information – Aria Systems, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2019, Jun – 2022, Jul) Leading Players
FIG 5 Recent strategies and developments: Amdocs Limited
FIG 6 Swot analysis: General electric (GE) Co.
FIG 7 SWOT analysis: Oracle Corporation
FIG 8 Swot analysis: IBM Corporation
FIG 9 SWOT Analysis: Cisco Systems, Inc.
FIG 10 SWOT analysis: Intel corporation