A Roadmap Towards IoT Monetization Market: The Current Status and Future Trends of Industry
IoT monetization is defined as the process of generating revenue from the IoT-enabled products and services. Owing to the growth in dependence of the users on the IoT-based products and solutions, the companies charge the users for some extra features or for the entire product as a service. For instance, automotive leader Audi AG generates revenue from its IoT-based solution Audi Connect.
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