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Global IoT Monetization Market By Organization Size (SME and Large Enterprises), By Application (Commercial Building, Transportation and Logistics, Telecom, Smart Home Appliances, Government, Manufacturing), and By Region - Forecast up to 2025

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  • 80 Pages
  • July 2019
  • Region: Global
  • IHR Insights
  • ID: 4803755
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This market research report includes a detailed segmentation of the global IoT (Internet of Things) monetization market by organization size (SME and Large Enterprises), by application (commercial building, transportation and logistics, telecom, smart home appliances, government, manufacturing, and others), and by region (North America, Europe, Asia Pacific, Middle East Africa, and Latin America). The market research report identifies Comarch, Amdocs, Ericsson, Magnaquest, Cerillion, JeraSoft, PortaOne, BillRun, NetCracker, and IoT Billing as the market leaders operating in the global IoT monetization market.

Overview of the IoT Monetization Market
The author's market research report predicts that the global IoT monetization market will grow at a CAGR of more than 20% during the forecast period 2019–2025. The market trends for IoT monetization market is primarily driven by the increasing demand from telecom and smart equipment manufacturer to monetize and manage the smart equipment through connectivity and networks. The integration of various IoT devices and functions are expected to drive efficiency in smart products, along with cloud technologies for enterprises.

IoT billing and invoicing vendors help companies to optimize their revenue generation and enhance the customer experience. Globally, organizations of different industries are modernizing their offering, transforming its customer reach along with bringing out the operational efficiency for the various IoT players in the ecosystem. Governments are also expected to use various smart devices for monitoring and billing in places such as tolls and others, along with electrification of residential buildings and industries.

According to the IoT monetization market analysis, Asia Pacific accounts for the largest market share in 2019. With the presence of the high number of technology innovators and market disruptors in North America, the adoption of these platforms are expected to grow heavily in the US and Canada. Several enterprises in this region are focusing to enhance custom-built IoT platforms, device monitoring, seamless integration, built-in security, and easy deployment. The Asia Pacific is anticipated to grow substantially due to the market potential of countries such as China, India, and investments in IoT and consumerization prospects in these growing markets. The IoT billing market is growing with increasing need to monetize the IoT deployments. The European market is also expected to grow at a high CAGR owing to the presence of many large and emerging enterprises in utilities and telecom equipment providers in countries such as Germany, UK, and France. This billing platform helps enterprises to generate more revenue through a subscription model and analyze the insights to understand the usage patterns of customers to boost their monetization plans and strategy. The key component in the market would be various technology influx in the integration of various applications for IoT services. It would be interesting to see how quickly the IoT system and subscription models are commercialized and consumerization takes place in the market.

IoT Monetization Market Competitive Analysis and Key Vendors
The report covers and analyzes the IoT monetization market. Top Operations Support System (OSS)/Business Support System (BSS) players along with strong IoT platform providers are leading the market, along with emerging vendors in digital space and are expected to grow owing to the need of organizations for a comprehensive approach while adopting digital technologies. The key players in the market are adopting various organic growth strategies, i.e., new product launches and expansion strategies to be in a strong position in the market with distinguished products.

Some of the Key Vendors in the IoT Monetization Market:

  • Comarch
  • JeraSoft
  • Amdocs
  • Magnaquest
  • Cerillion

These companies are striving in the market sphere by leveraging OSS/BSS technologies that help smart product usage monitoring in applications or infrastructure. Top telecom equipment manufacturer and experts in OSS/BSS are focusing on new offerings that benefit various players in the IoT ecosystem.

There are few other vendors that have been studied based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D for analysis of the entire ecosystem.

Segmentation By Organization Size

  • SMEs
  • Large Enterprises

The SMEs segment is expected to grow at the highest rate during the forecast period 2019–2025.

Segmentation By Application

  • Commercial Building
  • Transportation and Logistics
  • Telecom
  • Smart Home Appliances
  • Government
  • Manufacturing
  • Others

The transportation and logistics segment is estimated to hold the largest market share in 2019 and this trend is likely to continue during the forecast period 2019–2025.

The report provides an in-depth analysis of the IoT monetization market. The IoT billing and invoicing platform combine various technologies of automation, mobility, cloud, analytics, and IoT monetization to offer multiple innovative intelligent features in enterprise application efficiencies. By analyzing various enterprise and consumer usage, the vendors are expected to grow multi-folds during the forecast period. The digital technologies adoption propel the need to monetize IoT services and subscription models. The report discusses the market size in terms of organization size, application, and region. Furthermore, the report provides details about the major challenges impacting market growth.

Table of Contents

1 Executive Summary
1.1 Synopsis of Key Findings
2 Industry Outlook
2.1 Industry Snapshot
2.1.1 Industry Overview
2.1.2 Industry Trends
3 Market Snapshot
3.1 Total Addressable Market
3.2 Segmented Addressable Market
3.2.1 PEST Analysis
3.2.2 Porter’s Five Force Analysis
3.3 Related Markets
4 Market Characteristics
4.1 Market Evolution (Billing in OSS/BSS, Telecom, and IoT Impact)
4.1.1 Ecosystem
4.2 Market Trends and Impact
4.3 Value Chain Analysis (IoT Product, IoT Services, and IoT Applications)
4.4 Market Segmentation
4.5 Market Dynamics
4.5.1 Market Drivers
4.5.2 Market Restraints
4.5.3 Market Opportunities
4.5.4 DRO Impact Analysis
5 by Organization Size – Market Size and Analysis
5.1 Overview
5.2 SMEs
5.3 Large Enterprises
6 by Application – Market Size and Analysis
6.1 Overview
6.2 Commercial Building
6.3 Transportation and Logistics
6.4 Telecom
6.5 Smart Home Appliances
6.6 Government
6.7 Manufacturing
6.8 Others (Healthcare and Farming)
7 by Geography – Market Size and Analysis
7.1 Overview
7.2 North America
7.2.1 US
7.2.2 Canada
7.3 Europe
7.3.1 UK
7.3.2 Germany
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Australia
7.4.3 Japan
7.4.4 India
7.4.5 Rest of Asia Pacific
7.5 Middle East Africa
7.5.1 South Africa
7.5.2 UAE
7.5.3 Rest of Middle East Africa
7.6 Latin America
7.6.1 Brazil
7.6.2 Mexico
7.6.3 Rest of Latin America
8 Competitive Landscape
8.1 Competitor Analysis
8.2 Product/Offerings Portfolio Analysis
8.3 Market Developments
8.3.1 Mergers & Acquisitions (M&A), Expansions, and Partnerships
8.3.2 Business Restructuring
8.3.3 Product Launches & Exhibitions
9 Vendor Profiles
9.1 Comarch
9.2 Amdocs
9.3 Ericsson
9.4 Magnaquest
9.5 Cerillion
9.6 JeraSoft
9.7 PortaOne
9.8 BillRun
9.9 NetCracker
9.10 IoT Billing
10 Annexure
10.1 Report Scope
10.2 Market Definition
10.3 Research Methodology
10.3.1 Data Collation & in-house Estimation
10.3.2 Market Triangulation
10.3.3 Forecasting
10.4 Study Declarations
10.5 Report Assumptions
10.6 Stakeholders
10.7 Abbreviations
List of Tables
Table 1 Key Facts About IoT Industry 2018
Table 2 Global IoT Monetization Market 2018–2025 ($Million)
Table 3 Global IoT Monetization Market, by Organization Size, 2018–2025 ($Million)
Table 4 Global IoT Monetization Market, by Application, 2018–2025 ($Million)
Table 5 Global IoT Monetization Market, by Geography, 2018–2025 ($Million)
Table 6 Major Companies And Their Operations
Table 7 Product/Offerings: Global IoT Monetization Market
Table 8 Merger & Acquisition, 2016–2019
Table9 Expansions, 2016–2019
Table 10 Business Restructuring, 2016–2019
Table 11 Cerillion: Overview
Table 12 Cerillion: Strategic Snapshot
Table 13 Cerillion: Product/Service Portfolio
List of Charts
Chart 1 Global IoT Monetization Market
Chart 2 Global IoT Monetization Market Revenue, 2018–2025 ($Million)
Chart 5 Pest Analysis: Global IoT Monetization Market
Chart 6 Porter's 5 Force Analysis: Global IoT Monetization Market
Chart 7 Global IoT Monetization Market Ecosystem
Chart 8 Segmentation: Global IoT Monetization Market
Chart 9 Market Dynamics – Drivers, Restraints & Opportunities
Chart 10 DRO – Impact Analysis: Global IoT Monetization Market
Chart 11 Global IoT Monetization Market, by Application, 2018
Chart 18 Global IoT Monetization Market, by Geography, 2018
Chart 19 IoT Monetization Market in APAC, Market Value, 2018–2025 ($Million)
Chart 20 IoT Monetization Market in North America, Market Value, 2018–2025 ($Million)
Chart 21 IoT Monetization Market in Europe, Market Value, 2018–2025 ($Million)
Chart 22 IoT Monetization Market in ROW, Market Value, 2018–2025 ($Million)
Chart 23 Major Stakeholders in The Market

Companies Mentioned

  • Amdocs
  • BillRun
  • Cerillion
  • Comarch
  • Ericsson
  • IoT Billing
  • JeraSoft
  • Magnaquest
  • NetCracker
  • PortaOne