IoT Monetization Market: Global Industry is Expected to Grow at a CAGR of 53.1% to 2023 – Top Key Players (IBM, Mircosoft, Oracle, SAP SE, and Amdocs ltd)
The Global IoT Monetization Market is accounted for $35.41 billion in 2016 and expected to grow at a CAGR of 53.1% to reach $699.9 billion by 2023.
(EMAILWIRE.COM, July 04, 2018 ) The Global IoT Monetization Market is accounted for $35.41 billion in 2016 and expected to grow at a CAGR of 53.1% to reach $699.9 billion by 2023. Various factors contributing to the expansion of the market growth are increased use of smartphones and other connected devices, adoption of the cloud technology, emergence of home automation products, rising demand for surface transportation systems and connected IoT sensors and wearable devices. However, poor internet connectivity in the underdeveloped and developing economies and lack of power-efficient devices are hampering the market growth. Moreover, proliferation of smart city and smart lighting projects, government funding for R&D in IoT, IoT in aerospace & defense sector are expected to provide lucrative growth opportunities for the market.
Some of the key players of the IoT Monetization market include:
International Business Machine Corporation, Mircosoft Corporation, Oracle Corporation, SAP SE, Amdocs Ltd., PTC, Inc., Intel Corp., Cisco Systems Inc., Google Inc, Robert Bosch GmbH, General Electric Corporation and Facebook Inc.
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Based on Application, Energy/Utilities are responsible for managing the infrastructure that provides vital services to communities, including electricity, gas and water. Utility companies provide solutions for control of power grid communications between different devices, and remote reading of commercial, industrial and residential customers. They are used for applications such as grid monitoring and control, metering, asset management and tracking, and field force communication. For example, Stockholm Royal Seaport, in Sweden implemented smart home services by providing unified smart grid communication system, via the public 4G network and revenue protection due to fraud detection.
North America accounted for a large share in the overall market as, the U.S. is a key contributor to the IoT monetization market also there are several IoT companies in this region. Asia Pacific is expected to have highest CAGR during the forecast period due to increasing use of IoT in industrial and automotive & transportation applications.
Furthermore, consumption market share for each application is offered in the research for 2017 in a tabular format. Regional analysis is discussed in terms of current market status and growth prospects for the period, 2012–2023. Geographies analyzed in the study are North America, Europe, Asia Pacific, South America and Middle East & Africa. Statistics on revenue and growth rate for each region are mentioned with the help of figures for the historic period and the forecast period.
Place a Purchase Order for IoT Monetization market @ https://www.researchformarkets.com/buy-now/iot-monetization-global-market-5197/one
Applications Covered:
Retail
Industrial
Automotive and Transportation
Agriculture
Energy/Utilities
Healthcare
Consumer Electronics
Other Applications
Deployments Covered:
On-Premise
On-Cloud
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global IoT Monetization Market, By Application
6 Global IoT Monetization Market, By Deployment
7 Global IoT Monetization Market, By Geography
8 Key Developments
9 Company Profiling
9.1 International Business Machine Corporation
9.2 Microsoft Corporation
9.3 Oracle Corporation
9.4 SAP SE
9.5 Amdocs Ltd.
9.6 PTC, Inc.
9.7 Intel Corp.
9.8 Cisco Systems Inc.
9.9 Google Inc
9.10 Robert Bosch GmbH
Looking for more insights from this report @ https://www.researchformarkets.com/reports/iot-monetization-global-market-5197
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Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
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Some of the key players of the IoT Monetization market include:
International Business Machine Corporation, Mircosoft Corporation, Oracle Corporation, SAP SE, Amdocs Ltd., PTC, Inc., Intel Corp., Cisco Systems Inc., Google Inc, Robert Bosch GmbH, General Electric Corporation and Facebook Inc.
Looking for More Information on This Market Get Free Sample Report @ https://www.researchformarkets.com/sample/iot-monetization-global-market-5197
Based on Application, Energy/Utilities are responsible for managing the infrastructure that provides vital services to communities, including electricity, gas and water. Utility companies provide solutions for control of power grid communications between different devices, and remote reading of commercial, industrial and residential customers. They are used for applications such as grid monitoring and control, metering, asset management and tracking, and field force communication. For example, Stockholm Royal Seaport, in Sweden implemented smart home services by providing unified smart grid communication system, via the public 4G network and revenue protection due to fraud detection.
North America accounted for a large share in the overall market as, the U.S. is a key contributor to the IoT monetization market also there are several IoT companies in this region. Asia Pacific is expected to have highest CAGR during the forecast period due to increasing use of IoT in industrial and automotive & transportation applications.
Furthermore, consumption market share for each application is offered in the research for 2017 in a tabular format. Regional analysis is discussed in terms of current market status and growth prospects for the period, 2012–2023. Geographies analyzed in the study are North America, Europe, Asia Pacific, South America and Middle East & Africa. Statistics on revenue and growth rate for each region are mentioned with the help of figures for the historic period and the forecast period.
Place a Purchase Order for IoT Monetization market @ https://www.researchformarkets.com/buy-now/iot-monetization-global-market-5197/one
Applications Covered:
Retail
Industrial
Automotive and Transportation
Agriculture
Energy/Utilities
Healthcare
Consumer Electronics
Other Applications
Deployments Covered:
On-Premise
On-Cloud
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global IoT Monetization Market, By Application
6 Global IoT Monetization Market, By Deployment
7 Global IoT Monetization Market, By Geography
8 Key Developments
9 Company Profiling
9.1 International Business Machine Corporation
9.2 Microsoft Corporation
9.3 Oracle Corporation
9.4 SAP SE
9.5 Amdocs Ltd.
9.6 PTC, Inc.
9.7 Intel Corp.
9.8 Cisco Systems Inc.
9.9 Google Inc
9.10 Robert Bosch GmbH
Looking for more insights from this report @ https://www.researchformarkets.com/reports/iot-monetization-global-market-5197
About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Our purpose is to serve you, the most customized in-depth Market access data. Our plethora of titles made us one of the most searched market research library across the globe. We work with the most esteemed Publishers around the globe who caters vast industries. We are quick and fragile, when it comes to your various queries, and we ensure our team caters your needs to the best of our abilities, we promise to stay by your side for both pre and post sales servicing, as we believe in long everlasting symbiotic relationship.
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Research For Markets
Mr. A Naidu
Tel: +448000418237
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results