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IoT Monetization Market to Undertake Strapping Growth by the End 2025 Amdocs, IBM Corporation, Ericsson, SAP SE, Oracle, Gemalto NV

03-05-2020 03:29 PM CET | IT, New Media & Software

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IoT Monetization Market

IoT Monetization Market

IoT monetization is a process that generates revenue from IoT-enabled products and services. Owing to the growing dependence of the users on the IoT-based products and solutions, the companies charge the users for some extra features or for the entire product as a service. With the beginning of the Internet era along with increasing advancements in technology, almost every device is now interconnected to each other. In addition, due to the emergence of the IoT, numerous offices as well as homes have become smart and are operating through these connected devices. Also, rise in usage of smart devices such as tablets and smartphones is expected to fuel the growth of the global IoT monetization market.

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The global IoT monetization market is dominated by key players such as Amdocs, IBM Corporation, Ericsson, SAP SE, Oracle, Gemalto NV, Cisco Systems, Inc., ARIA SYSTEMS, INC., Intel Corp., and General Electric Co.

Rising adoption of cloud platforms, increasing internet connectivity, rising penetration of Industry 4.0, agriculture 2.0, and Logistics 4.0 the some of the major factors that drive the growth of the global IoT monetization market. In addition, growing use of consumer electronics devices is expected to fuel the growth of the global IoT market. However, lack of IoT standards across platforms and rising privacy as well as security concerns are the major factors that impede global IoT monetization market growth. Also, according to Capgemini research report, 70% of enterprises do not get service revenues from their IoT products. Moreover, companies that want to generate revenue from IoT will need to convert the information from smart and connected products into services by using the product's data stream to involve customers with additional services, or by offering the entire product as a service, which is expected to provide lucrative opportunities for the growth of the global IoT monetization market.

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The IoT Monetization Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT Monetization Market based on product and application. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: IoT Monetization Market, By Component
Chapter 5: IoT Monetization Market, By Deployment
Chapter 6: IoT Monetization Market, By Organization Size
Chapter 7: IoT Monetization Market, By Application
Chapter 8: IoT Monetization Market, By Region
Chapter 9: Competitive Landscape
To Continue...

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