The Internet of Things (IoT) Monetization Market is emerging as one of the most transformative segments within the digital economy, driven by the explosive growth of connected devices and the increasing value of real-time data. IoT monetization refers to the strategies, platforms, and solutions that enable organizations to generate revenue from IoT deployments by converting device-generated data into actionable insights, services, and business outcomes. The global IoT monetization market size was valued at USD 456.76 billion in 2024 and is projected to grow from USD 658.86 billion in 2025 to USD 11,429.31 billion by 2032, exhibiting an exceptional CAGR of 50.33% during the forecast period. This extraordinary growth highlights the accelerating shift of enterprises toward data-driven business models and outcome-based services enabled by IoT ecosystems. Source - https://www.kingsresearch.com/iot-monetization-market-2070 Key Drivers Fueling Market Growth One of the primary driver