|
Home | Submit Press Release | Advertise | Submit Website
(Hosting-NewsWire.com, December 06, 2016 ) The IoT monetization market was valued at USD 23.09 Billion in 2015 and is expected to reach USD 443.27 Billion by 2022, at a CAGR of 52.98% during the forecast period. The increasing Internet connectivity, increased use of smartphones and other connected devices, and growing adoption of cloud platforms are the major drivers for the market. The use and penetration of the Internet or broadband facilities has increased over the last decade, the rate of which is high in the developed countries such as the U.S., Japan, and Germany. This factor is expected to propel the growth of the IoT monetization market during the forecast period.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=262365458
The research methodologies include the use of primary and secondary data. Both, top-down and bottom-up approaches have been used to estimate and validate the size of the market as well as of the other dependent submarkets in the overall IoT monetization market. Key players in the market have been identified through secondary research. The secondary sources include references from IEEE Internet of Things, IoT Journal, International Telecommunication Union (ITU), Consumer Electronics Association, Global Retail Marketing Association, Planet Retail, Marklines Co., Ltd. (Automotive Industry Portal), The European Automobile Manufacturers' Association (ACEA), and Society of Indian Automobile Manufactures (SIAM), among others. The research methodology includes the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All the percentage shares and breakdowns have been determined by using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
http://www.marketsandmarkets.com/Market-Reports/iot-monetization-market-262365458.html
The value chain of the IoT monetization market includes cloud platform providers, solution & service providers for IoT, hardware device manufacturers, and software vendors. The major companies that are part of the value chain include PTC, Inc. (U.S.), IBM Corp. (U.S.), Intel Corp. (U.S.), Cisco Systems, Inc. (U.S.), General Electric Co. (U.S.), Oracle Corp. (U.S.), Google Inc. (U.S.), Microsoft Corp. (U.S.), SAP SE (Germany), Infosys Ltd. (India), Tata Consultancy Services (India), Robert Bosch GmbH (Germany), and Amdocs Ltd. (U.S.), among others.
North America held the largest share of the IoT monetization market in 2015. The U.S. is a major contributor to the growth of the market in North America. The high growth of the market in North America can be attributed to the fast adoption of new technology by the masses and the presence of several IoT companies in the region, especially in the U.S.; these companies offers a wide range of IoT devices for applications in the retail, industrial, consumer electronics, healthcare, automotive & transportation, and other sectors.
Report Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=262365458
The IoT monetization market in APAC is expected to grow at a high rate between 2016 and 2022. The increasing use of IoT in industrial and automotive & transportation applications in APAC is driving the market in this region. The strong support of government in countries such as China and India to thrive on the digital innovation is also boosting the growth of the market in APAC. In addition, factors such as economies of scale and cross-sector partnerships are fueling the growth of the market in this region. The use of mobile IoT in APAC is also likely to increase in the coming years.
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr.Rohan
MarketsandMarkets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Website: http://www.marketsandmarkets.com/
MarketsandMarkets
Mr. Rohan
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com
Source: EmailWire.com
Submit press release on hosting | Submit your hosting website
|
|