To be fair to these industries there can be more to it as well: construction operations may require inventory management for a fleet of power tools. Some IoT de

To be fair to these industries there can be more to it as well: construction operations may require inventory management for a fleet of power tools. Some IoT devices can potentially provide useful services via regular software upgrade, etc. But yes: it's mostly going to be spying and feature upsells. The problem now is that network access is becoming a bottleneck. Many devices have the hardware they need to connect to networks, but don't provide the UI to enable Wi-Fi or Bluetooth pairing, nor do they provide any compelling incentive for users to connect to their own devices. Networks like Amazon Sidewalk and maybe Helium are one answer to this problem. The manufacturers can make very inexpensive deals with the network operator, reflecting the fact that their devices don't actually need very much bandwidth. My personal theory is that networks like Apple's FindMy (AirTags) will also compete in this arena.