IoT 청구 및 수익화 소프트웨어 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the IoT billing and monetization software market size is expected to increase from USD 2.20 billion in 2025 to USD 2.76 billion in 2026 and reach USD 6.08 billion by 2031, growing at a CAGR of 17.11% over 2026-2031.

Global IoT Billing and Monetization Software Market Trends and Insights

Expansion of Connected Device Fleets and Usage Events

Cellular IoT connections reached 4.5 billion at the end of 2025, while total IoT connections are projected to reach 47.1 billion by 2031 at a 13% CAGR. This scale increases the volume of events that billing platforms must collect, classify, rate, and reconcile. A utility meter may send periodic low-volume data, while a 5G RedCap video device can create continuous traffic that is subject to changing quality-of-service terms. These different patterns require pricing rules that recognize device type, usage level, network conditions, and the party responsible for payment. Germany was expected to have more than 96 million machine SIM cards by the end of 2026, adding a substantial device base that requires machine-oriented billing processes. The IoT billing and monetization software market therefore benefits when operators replace systems designed for simpler consumer traffic with platforms that handle diverse event structures.

Subscription and Usage-Based Business Model Adoption

Connected-product providers are shifting from one-time device sales toward subscriptions, usage charges, and service bundles. That shift requires a platform that can process metered usage, apply hybrid pricing rules, and support revenue recognition in one workflow. Stripe introduced its Machine Payments Protocol in March 2026 as an open approach for autonomous machine-to-machine payment orchestration. The development indicates that machine-originated payment events are becoming a practical consideration for connected-service providers. Golioth's move to modular usage-based pricing also reflected the need to attribute granular device activity across mixed fleets. The IoT billing and monetization software market gains relevance as providers need a reliable record of what a device consumed, which contract applied, and which customer or partner should be charged.

Legacy OSS/BSS Integration Complexity

Older business support systems often combine product catalogs, rating rules, provisioning processes, and customer records in tightly connected components. Separating these functions without disrupting active billing requires parallel operations, data synchronization, and extensive testing for each product line. New IoT services can also require additional links between network operations systems and billing systems. This creates an implementation burden when operators need to connect several device platforms, partner applications, and network technologies. Undocumented business rules may emerge after a modernization project starts and delay the intended service launch. These issues can slow adoption in the IoT billing and monetization software market, especially where a provider has a large installed base and limited tolerance for billing disruption.

Other drivers and restraints analyzed in the detailed report include:

1. Cloud-Native Transformation of Telecom and Enterprise BSS
2. Real-Time Revenue Assurance and Billing Accuracy Requirements
3. Data Privacy, Cybersecurity, and Data Sovereignty Requirements

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Software solutions held 71.98% of the IoT billing and monetization software market share in 2025. The result reflected the central role of rating, charging, invoicing, mediation, and settlement software in a connected-service offering. Once a rating engine is integrated into an operator's production environment, changing it can affect active customers, product catalogs, and partner arrangements. This creates high switching costs and supports multiyear license, support, and maintenance relationships. The category is moving toward AI-supported configuration and composable software rather than complete platform replacement. Amdocs introduced CES26 in March 2026 with specialized monetization agents and configuration-driven convergent charging for large-scale service delivery. Aria Systems introduced Aria Allegro as a standalone product in May 2026, reflecting demand for billing components that can be adopted without replacing an entire stack. TM Forum Open Digital Architecture alignment also matters because buyers increasingly seek open interfaces that reduce future integration dependence.

Services include integration, consulting, migration, configuration, and managed billing operations. These activities remain important when operators move from older BSS systems to cloud-based environments. Service providers help organizations map legacy rating logic, reconcile data, test billing outcomes, and support the transition of live customers. The demand for services can be strongest when an operator adds new IoT use cases alongside existing consumer and enterprise products. At the same time, AI-supported rule configuration may reduce the long-term need for labor-intensive professional-service work. Vendors must therefore balance near-term implementation revenue with the value of simpler and more repeatable software deployment. The IoT billing and monetization software industry depends on both categories, but software retains the larger value position because it stays embedded in the recurring billing process. A stable software base can also support services revenue when customers introduce new products, partners, or device groups.

Cloud-based deployment accounted for 67.11% of the IoT billing and monetization software market share in 2025. Operators use cloud capacity to accommodate changes in device counts and transaction volumes without building equivalent infrastructure for every demand peak. Cloud-native billing systems can introduce new usage plans through configurable services and containerized workloads. This supports connected offers that change by data usage, device status, service tier, or network quality. It also helps providers connect billing functions with customer applications through APIs. AIS in Thailand deployed a Netcracker cloud-native BSS platform for B2C, B2B, and IoT services, illustrating the use of a common platform across several business lines. The deployment supported greater scalability and shorter time to launch new connected offerings. These capabilities strengthen the role of cloud delivery in the IoT billing and monetization software market.

On-premises installations remain relevant when privacy rules, security policies, or data residency requirements limit cloud hosting. Some operators also retain local systems because existing billing processes are deeply connected to internal applications. The EU Data Act's data-access requirements can increase the pressure to modernize interfaces, even where a customer retains an on-premises environment. Legacy systems may need custom connectors to support documented data-access processes, while cloud-native systems often include API functions as a standard element. Cerillion's 2025 expansion with MVNX added modules for prepaid and postpaid subscribers and enabled multi-tenant billing for MVNO customers. The case shows how SaaS-oriented delivery can reduce the capital and implementation burden for service providers. Deployment choices will remain shaped by a customer's operating model, compliance obligations, and ability to modernize older systems.

Complete Report Scope:

• By Component
  • Software Solutions
  • Services
• By Deployment Mode
  • Cloud-Based
  • On-Premises
• By Organization Size
  • Large Enterprises
  • Small and Medium-Sized Enterprises
• By Application
  • Connected Vehicle and Fleet Services
  • Industrial IoT and Predictive Maintenance
  • Smart Utilities and Meter-to-Cash
  • Smart Cities and Smart Buildings
  • Connected Healthcare and Medical Devices
  • Retail, Payments, and Connected Commerce
  • Other Applications
• By End User
  • Telecom Operators
  • Enterprises
  • Managed Service Providers
  • Government and Public-Sector Organizations
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Middle East
    • United Arab Emirates
    • Saudi Arabia
    • Rest of Middle East
  • Africa
    • South Africa
    • Nigeria
    • Rest of Africa

Geography Analysis

North America held 32.22% of the IoT billing and monetization software market share in 2025. The region's position was supported by Tier-1 telecom modernization and enterprise adoption of connected-service platforms. Amdocs and AWS announced a multiyear strategic collaboration in February 2026 that focused on cloud-based platforms for AI services, network APIs, and IoT connectivity. This reflects the demand for platforms that can price several digital services through a common operating environment. The CMS code changes also add a healthcare-related demand stream for systems that connect telemetry records with reimbursement workflows. Canada contributes through enterprise programs in manufacturing and utilities. Mexico contributes through connected-vehicle telematics and smart-utility programs.

Europe combines a substantial enterprise deployment pipeline with a demanding regulatory environment. The EU Data Act, changing data-collection expectations, and forthcoming Cyber Resilience Act obligations require vendors to treat access, security, and reporting controls as product capabilities. Germany was expected to have more than 96 million machine SIM cards by the end of 2026, increasing the number of connections that require machine-oriented charging and settlement. Deutsche Telekom's planned June 2028 2G shutdown also creates a deadline for re-rating migrations among operators supporting older IoT devices. The UK Information Commissioner's Office updated its guidance for consumer IoT products and services on June 11, 2026. Hansen Technologies renewed its Telefonica Germany partnership in May 2026 to support the migration of several million customers to cloud, AI, and API-powered BSS solutions. These conditions make Europe an important market for compliant and adaptable billing platforms.

Africa is projected to expand at an 18.84% CAGR through 2031, the fastest regional rate in the IoT billing and monetization software market. Asia-Pacific has the largest connection base, with North East Asia accounting for 70% of cellular IoT connections at the end of 2025. Japan, South Korea, China, and India operate large device fleets that require high-throughput billing capacity. In the Middle East, Cerillion's Omantel transformation showed how local hosting requirements can shape platform architecture. Mobile technologies generated USD 240 billion in economic value across Africa in 2025 and are projected to reach USD 290 billion by 2030. GSMA reported that 61 operators in 37 African markets had launched 5G services by May 2026. South America is progressing through smart-utility metering and enterprise fleet-management programs in Brazil and Argentina.

1. Amdocs Limited
2. Oracle Corporation
3. SAP SE
4. Telefonaktiebolaget LM Ericsson (publ)
5. Huawei Technologies Co., Ltd.
6. CSG Systems International, Inc.
7. Nokia Corporation
8. Comarch S.A.
9. MATRIXX Software, Inc.
10. Cerillion plc
11. Aria Systems, Inc.
12. Zuora, Inc.
13. LogiSense Corporation
14. PortaOne, Inc.
15. Optiva, Inc.
16. Netcracker Technology Corporation
17. Hansen Technologies Limited
18. Eseye Limited
19. Aeris Communications, Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Impact of Macroeconomic Factors on the Market
• 4.3 Market Drivers
  • 4.3.1 Expansion of Connected Device Fleets and Usage Events
  • 4.3.2 Subscription and Usage-Based Business Model Adoption
  • 4.3.3 Cloud-Native Transformation of Telecom and Enterprise BSS
  • 4.3.4 Real-Time Revenue Assurance and Billing Accuracy Requirements
  • 4.3.5 Autonomous Device and Machine-to-Machine Commerce
  • 4.3.6 Multi-Party Settlement for Shared IoT Infrastructure
• 4.4 Market Restraints
  • 4.4.1 Legacy OSS/BSS Integration Complexity
  • 4.4.2 Data Privacy, Cybersecurity, and Data Sovereignty Requirements
  • 4.4.3 Fragmented Device Protocols and Inconsistent Usage Telemetry
  • 4.4.4 Difficulty Proving Economic Value for Low-ARPU Deployments
• 4.5 Industry Value Chain Analysis
• 4.6 Regulatory Landscape
• 4.7 Technological Outlook
• 4.8 Porter's Five Forces Analysis
  • 4.8.1 Threat of New Entrants
  • 4.8.2 Bargaining Power of Suppliers
  • 4.8.3 Bargaining Power of Buyers
  • 4.8.4 Threat of Substitutes
  • 4.8.5 Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Component
  • 5.1.1 Software Solutions
  • 5.1.2 Services
• 5.2 By Deployment Mode
  • 5.2.1 Cloud-Based
  • 5.2.2 On-Premises
• 5.3 By Organization Size
  • 5.3.1 Large Enterprises
  • 5.3.2 Small and Medium-Sized Enterprises
• 5.4 By Application
  • 5.4.1 Connected Vehicle and Fleet Services
  • 5.4.2 Industrial IoT and Predictive Maintenance
  • 5.4.3 Smart Utilities and Meter-to-Cash
  • 5.4.4 Smart Cities and Smart Buildings
  • 5.4.5 Connected Healthcare and Medical Devices
  • 5.4.6 Retail, Payments, and Connected Commerce
  • 5.4.7 Other Applications
• 5.5 By End User
  • 5.5.1 Telecom Operators
  • 5.5.2 Enterprises
  • 5.5.3 Managed Service Providers
  • 5.5.4 Government and Public-Sector Organizations
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
  • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
  • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Rest of Europe
  • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 Japan
    • 5.6.4.3 India
    • 5.6.4.4 South Korea
    • 5.6.4.5 Australia
    • 5.6.4.6 Rest of Asia-Pacific
  • 5.6.5 Middle East
    • 5.6.5.1 United Arab Emirates
    • 5.6.5.2 Saudi Arabia
    • 5.6.5.3 Rest of Middle East
  • 5.6.6 Africa
    • 5.6.6.1 South Africa
    • 5.6.6.2 Nigeria
    • 5.6.6.3 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 Amdocs Limited
  • 6.4.2 Oracle Corporation
  • 6.4.3 SAP SE
  • 6.4.4 Telefonaktiebolaget LM Ericsson (publ)
  • 6.4.5 Huawei Technologies Co., Ltd.
  • 6.4.6 CSG Systems International, Inc.
  • 6.4.7 Nokia Corporation
  • 6.4.8 Comarch S.A.
  • 6.4.9 MATRIXX Software, Inc.
  • 6.4.10 Cerillion plc
  • 6.4.11 Aria Systems, Inc.
  • 6.4.12 Zuora, Inc.
  • 6.4.13 LogiSense Corporation
  • 6.4.14 PortaOne, Inc.
  • 6.4.15 Optiva, Inc.
  • 6.4.16 Netcracker Technology Corporation
  • 6.4.17 Hansen Technologies Limited
  • 6.4.18 Eseye Limited
  • 6.4.19 Aeris Communications, Inc.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment