IoT-enabled business models represent a significant research area that explores how Internet of Things technologies transform traditional business operations, value creation, and revenue streams. Research papers in this domain investigate the integration of IoT devices, sensors, and analytics into business processes to enable data-driven decision-making, predictive maintenance, supply chain optimization, and personalized customer experiences. Key studies focus on service-oriented, subscription-based, and outcome-based business models, as well as platform ecosystems that facilitate IoT device interoperability and data monetization. Recent research also highlights the role of edge/fog computing, cloud services, blockchain, and AI in supporting scalable and secure IoT business frameworks. Challenges such as privacy, regulatory compliance, cybersecurity, and economic feasibility are actively addressed, while case studies in smart manufacturing, retail, logistics, healthcare, and smart cities demonstrate the practical impact of IoT-enabled innovation. By bridging technology with business strategy, IoT-enabled business model research provides insights into sustainable, adaptive, and value-centric digital enterprises.