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Iot Monetization Market, Share, Industry Trends & Forecast to 2025
Iot Monetization Market, Share,
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The proliferation of IoT in public transport owing to the emergence of smart cities is a major factor contributing to the growth of the IoT monetization market. Developers are indulged in creation of a platform that will include vehicles, people, traffic lights, weather, timing, and all the data sources that can have an impact on traffic to create an online system with public access. This platform will be utilized tocollect a huge number of variables into account so as to control traffic in an efficient manner. Informing commuters of traffic densities in various parts of the city with a real-time map offered by the IoT solution will enable them to make better decisions about the suitable route.
A full report of Global Iot Monetization Market is available at: https://www.omrglobal.com/industry-reports/iot-monetization-market
The growing application of information and communication technology such as IoT in farming is expected to transform the way of traditional farming.The agriculture industry and the relevant suppliers are finding several new opportunities through the use of IoT and digital solutions to improve yields, profits, and farming practices. In addition, the utility of IoT has wide scope in the field of precision farming as the purpose of precision farming is to create data through sensors that track related vehicles, monitor livestock, and monitor storage areas.The emergence of IoT in the agriculture industry is expected to create a significant contribution to the growth of the IoT monetization market.
Recent Activity
In February 2019, HCL Technologies had launched iCE.X. iCE.X. is an intelligent, scalable and secure IoT device management platform for consumer premises equipment (CPE),sensors, gateways, and various other IoT devices to execute monetization.
In July 2017, Samsung Electronics company had launched Samsung ARTIK Cloud Monetization for the IoT,a service to monetize the data shared by IoT devices.
Current Market trends covered in the market report
The paradigm shift from service-centric to server-centric population
Significant adoption of diversified cloud services across the globe
Rapid advancement in sensor technology
The risk associated with data privacy to restrain the market growth
Numerous applications in end-user industry are a major market opportunity
Growing adoption of smart devices driving the market growth
Internet of Things (IoT) Monetization Market Segmentation
By Application
Automotive & Transportation
Building and Home Automation
Consumer Electronics
Healthcare
Agriculture
Others (Media and Entertainment)
Internet of Things (IoT) Monetization Market – Segment by Region
North America
US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Latin America
MiddleEast and Africa
Company Name: Orion Market Reports
Contact Person: Mr. AnuragTiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404
Orion Market Research (OMR) is an Indian market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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