Internet of Things (IoT) monetization market is expected to grow impressively over the forecast period 2019-2025. The internet of things (IoT) is a system comprising of interrelated computing devices, mechanical and digital machines, and objects that are capable of transfering a set of data over a network. These objects are provided with unique identifiers (UIDs) and operate without requiring a human-to-human or human-to-machine interface. Over the last decade, IoT has defined a trend of generating trillions from billions of connected devices by leveraging the information or data generated by these devices. The stored or generated data is further used by companies to bring in innovation and automation in their business. Thereby, increasing the revenue of companies and ultimately enabling them to grow. This revenue generation by the companies leveraging the stored data or information on IoT devices is termed as Internet of Things monetization.

Major factors augmenting the growth of the market include increasing internet connectivity, surging use of smartphones and other connected devices, growing adoption of cloud platforms, and evolution of high-speed networking technologies. However, factors such as lack of common communication standards across platforms, and lack of power-efficient devices are expected to create hindrance in the market over the forecast period. Besides, significant government funding for R&D in IoT across the globe is promising ample opportunities to the market.

Furthermore, the market has been analyzed, on the basis of regions, into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America region is expected to be the dominating region over the forecast period. Europe is expected to follow North America in terms of revenue generation, contributing significantly towards the growth of the market. Moreover, the Asia-Pacific region is expected to be the fastest growing region over the forecast period. Additionally, the market consists of several small to large players that are significantly operating in the market and providing services to cater to a wide range of customers across the globe. Key market players include Amdocs Ltd., Microsoft Corp., Cisco, IBM Corp., Oracle Corp., SAP SE, IBM Corp., Intel Corp., Telefonaktiebolaget LM Ericsson, and others.

Research Methodology:

The market study of the global Internet of Things (IoT) monetization market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Authentic Public Databases such as the US Department of Commerce, International Trade Administration, and others
• Whitepapers, research-papers and news blogs
• Company websites and their product catalog

The report is intended for system integrators, software vendors, IoT platform/middleware providers, third-party integration providers, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation

• Global Internet of Things Monetization Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the global IoT monetization market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global IoT monetization market.
• Insights about market determinants which are stimulating the global IoT monetization market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.