Key Findings
The IoT monetization market in North America is expected to witness a CAGR of 42.78% during the forecast period. North America is gaining the largest share in the market as a result of the adoption of new technology. It is expected to dominate the market due to rising enterprise data.

Market Insights
The market is evaluated on the basis of the United States and Canada economies. There is an increasing number of farmers opting for IoT and the precision use of its technologies across the United States. There has been a significant increase in the use of IoT in the Canadian healthcare system. There are ample opportunities in the Canadian IoT market due to its underutilization in the country. Owing to the cooperative efforts of the Canadian government and IT companies, the country can showcase the utilization of IoT, especially in the healthcare system.

Competitive Insights
The major players in the market include Amdocs, Aria Systems, Inc., General Electric Co., IBM Corporation, Intel Corporation, etc. The presence of large companies in the market that are developing several IoT monetization services is posing a challenge for new entrants.