IoT Monetization Market 2019 Industry report provides the details related to Technology, fundamental overview, development status, latest advancements, market dominance and market dynamics. The report also presents the evaluation of the competitive landscape of the market.
IoT Monetization Market report gives the past, current and forecast industry patterns and the conjecture data identification analysis report. This report deals with the IoT ecosystem, providing a number of actionable recommendations for telcos and enterprises, IoT platform, and create new revenue streams.
IoT Monetization market is receiving impetus from increased use of smartphones and other connected devices, growing Internet connectivity, and rise in the adoption of cloud platforms.
Detailed information regarding the major factors influencing the growth of the IoT monetization market (drivers, restraints, opportunities, and industry-specific challenges)
IoT monetization is defined as the process of generating revenue from the IoT-enabled products and services. Owing to the growth in 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. For instance, automotive leader Audi AG generates revenue from its IoT-based solution Audi Connect.
This report presents a 360-degree overview of the competitive scenario of the Global IoT Monetization market. The report further projects the size and valuation of the global market in the coming forecast period. The report also presents a thorough qualitative and quantitative data affecting to the projected impact of these factors on market’s future growth prospects.
IoT monetization market is expected to grow from USD 23.09 Billion in 2015 to USD +445 Billion by 2023, at a CAGR of +53 % during the forecast period. The growth in usage of connected devices such as home automation products and increase in adoption of the cloud technology drives the growth of the market.
Key Players – PTC, Inc, IBM, Intel, Cisco Systems, Inc., General Electric Co., Oracle Corp
The IoT Monetization Market report provides key statistics on the market status of the IoT Monetization manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
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