IoT Monetization Market | Global Enhancements and Growth Outlook 2025

As per the report, the global IoT Monetization Market was estimated at $44.19 billion in 2017 and is expected to hit $1,361.3 billion by 2025, registering a CAGR of 53.6% from 2018-2025.

The growing number of smart cities, mounting growth in digitalization and increasing adoption of IoT monetization in Agriculture have helped the market grow beyond the bars.

Download Free sample report at: https://www.alliedmarketresearch.com/request-sample/4301

On the other hand, lack of IoT standards across several platforms and increasing security, as well as privacy concerns, have happened to check the growth to some extent. Nevertheless, top-end investments in the IoT projects have paved the way for a number of lucrative opportunities in the segment.

By component, the solution segment contributed to more than two-thirds of the total market and is expected to maintain its leadership status throughout the forecast period. The rise in use of service platforms to monetize IoT data has rocketed growth.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4301

By organization size, large enterprises dominate the market and accounted for three-fifths of the total market in 2017. The fact that the adoption of IoT monetization tools has become an integral part of these large-scale organizations to sustain in the competitive market has made the segment hold the major market share.

North America contributed 42.0% of the total market share in 2017 and is expected to maintain its lion's share during the forecast period. This is due to stringent regulations by governments in countries such as China and Japan and strict compliance with safety rules.

However, Asia-Pacific would emerge as the fastest CAGR of 57.1% from 2018 to 2025 due to the growing penetration of IoT in the automotive and transportation industries in the region.

If you have any special requirements, please let us know: https://www.alliedmarketresearch.com/request-for-customization/4301

By Industry vertical, the manufacturing sector held more than one-fourth of the total market and has come out to be the largest shareholder in the segment.

Sales and marketing segment dominated the market in 2017, generating 36% of the total revenue. The segment is projected to maintain this trend through 2025 due to the growing adoption of IoT data to attract new customers as well as retain their existing database.

Access the full summary at: https://www.alliedmarketresearch.com/IoT-monetization-market

However, the finance business function is estimated to grow at the highest CAGR of 57.1% through the forecast period, as it is in high demand in highly regulated industry verticals, such as BFSI, consumer goods and retail, and others where the companies use IoT monetization tools to analyze large amounts of data and create actionable insights.

The leading market players analyzed in the report include Amdocs, IBM Corporation, Ericsson, SAP SE, Oracle, Gemalto NV, Cisco Systems, Inc., ARIA SYSTEMS, INC., Intel Corp., and General Electric Co. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.

Buy This Research Report at: https://www.alliedmarketresearch.com/checkout-final/d3ea62e74d90a384086b8af708965709

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.