Global IoT Monetization Market Information, by Deployment (On-Cloud, On-Premise), by End-User (Automotive, Healthcare, Agriculture, Retail, Consumer Electronics) - Forecast 2022Synopsis of the Form Fill Seal Machine Market
Market Synopsis of IoT Monetization Market:
Market Scenario:
IoT monetization is the process of generating revenue for an organization with the help of IoT enabled devices such as smart home, smart appliances, smartphones, smart cameras and others. With new smaller, connected IoT sensors and wearable devices, businesses can cost-effectively monitor, analyze and manage their revenue generating operations. By implementing flexible business models, easy license management, reduced hardware manufacturing and storage cost, organization has been building successful IoT monetization systems.
The major factor that drives the growth of IoT Monetization market is increasing smartphone users, growing advancement in cloud based technology, and growing emergence of smart appliances which is useful in building smart cities & offices among others. However, security concern among customers and lack of power-efficient devices are some of the major restraint of the IoT Monetization market growth.
Segments for IoT Monetization Market:
Global IoT Monetization Market can be segmented as follows:
• Segmentation by Deployment: On-Premise and On-Cloud
• Segmentation by End-Users: Healthcare, Automotive, Agriculture, Consumer Electronics and Retail
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Key Players for IoT Monetization Market:
Some of the major players in Global IoT Monetization Market includes
• Google Inc. (U.S.)
• Amdocs, Inc. (U.S.)
• Cisco systems, Inc. (U.S.)
• Microsoft Corporation (U.S.)
• SAP SE (Germany)
• General Electric Corporation (U.S.)
• Intel Corporation (U.S.)
• Facebook Inc. (U.S.)
• Apple Inc. (U.S.)
• PTC, Inc. (U.S.)
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Regional Analysis of IoT Monetization Market:
North America is dominating the global IoT monetization market with the largest market share due to presence of large number of IoT companies in the region and growing adoption of new technology by industrial sectors to perform their routine operations and therefore is expected to grow with highest revenue by 2022. Asia-Pacific is the fastest growing region during the forecast period due to increasing adoption of IoT technology in automotive and industrial sectors in the region. Also, growing trend of digitalization in the developing countries such as India & China is fuelling the growth of IoT monetization market. North America
Target Audience:
• IoT Device Manufacturers
• Network Providers
• IoT Associations and Organizations
• Research & Consultancy
• Government
• Technology Investors
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