- Home
- Industries
Aerospace And Defence
Agriculture
Automotive And Transportation
Banking And Finance
Business
Chemicals And Materials
Consumer And Retail
Electronics And Semiconductors
Food And Beverages
Machinery & Equipments
Manufacturing And Construction
Medical Devices
Others
Pharmaceuticals And Healthcare
Power And Energy
Sports
Technology
- Services
- News Room
- About us
- Contact Us
-
Global IoT Platforms Industry Market Dynamics & Strategic Insights 2021-2030
An IoT platform works on a multi-layer technology that manages, processes, and transfers the information to and from connected devices with the help of the Internet. It provides connectivity to various IoT-compatible hardware devices such as mobiles, laptops, wearable fitness devices, industrial control systems, automotive telematics units, or drone units. The hardware components in the environment are connected to the cloud through flexible connectivity options, data processing components, and a secure network. Additionally, IoT platforms are scalable and cross-device compatible and offer ready-to-use features to accelerate the development of applications for connected devices.
Global IoT Platforms Market іѕ ѕеgmеntеd on the bаѕіѕ оf Deployment (On-premise, Cloud) Application ( Device Management, Database Management, Analytics & Processing, and Other Applications) End-Use Industry ( Manufacturing, Retail, Healthcare, Automotive, and Other End-user Industries) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global IoT Platforms Market wаѕ vаluеd аt UЅD 25,273.9 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 28.3% frоm 2021 tо 2030.
The report on Global IoT Platforms Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global IoT Platforms Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global IoT Platforms Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global IoT Platforms Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global IoT Platforms Market.
Market Dynamics:
Increasing demand for data storage over the cloud is a key factor driving the growth of the enterprise IoT platform market during the forecast period. The increasing number of connected devices in an IoT ecosystem has led to the need for transferring, downloading, uploading large volumes of data which is done by the enterprise data centers is another factor expected to drive the growth of the global market. This encourages companies to enhance their capabilities in terms of expertise, speed, and agility to manage IoT data resources. The demand for cloud data storage is expected to increase owing to increased data traffic is a factor projected to fuel the growth of the global market. Major companies and service providers are expected to increase their backup servers and mitigate risks while guaranteeing uptime, system availability, and speed. The internet of things (IoT) platform is a medium between the services and applications which are connected with the real world. Increasing use of the internet and fast connectivity speed has driven the global IoT platform market. It helps in monitoring, evaluating, and controlling the main network connectivity.
Demand for better connectivity, growing diversity in IoT standards, and investments in IoT start-ups are the factors driving the growth of the IoT platform market. The threat of cyber-attacks reduces market spirit and the implementation of IoT platforms leads to loss of jobs for unskilled employees are the factors restraining the IoT platform market.
Segmental Analysis:
Among the type segments, the on-premise segment is accounted for a major revenue share and is expected to maintain its dominance in the global market.
Among the application segments, the device management segment is projected to dominate the global IoT platforms market. The analytics & processing segment is expected to register highest CAGR in the global market during the forecast period.
Among the end-use industry segment, the retail segment is expected to register significant revenue in the global market, owing to the IoT technology has been enabling retailers across the globe to connect with both businesses and people. Additionally, the use of e-commerce platforms is rapidly increasing, owing to the ease of shopping and growing smartphone penetration in the market, which is likely to boost the market. Due to the increasing need for data analysis and integration of analytics, it is expected that the market will propel.
Regional Analysis:
North America market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global IoT platforms market. This is attributed to the enterprises' adopted cloud technology to a large extent over other regions in the world. Also, robust cloud infrastructure, an increasing number of connected devices, and advancements in artificial intelligence and machine learning technologies are expected to fuel the market growth during the forecast period.
Global IoT Platforms Market Segmentation:
Segmentation by Deployment:
• On-premise
• Cloud
Segmentation by Application:
• Device Management
• Database Management
• Analytics & Processing
• Other Applications
Segmentation by End-Use Industry:
• Manufacturing
• Retail
• Healthcare
• Automotive
• Other End-user Industries
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
General Electric, Google, Inc.
Davra Networks
Telit Communications PLC
Gemalto
Alcatel-Lucent
Mnubo Inc.
Zebra Technologies
Aeris Communications
Exositez
Ayla Networks
Software AG
Bosch Software Innovation
Teezle Telematics India Pvt. Ltd.
Global IoT Platforms Market іѕ ѕеgmеntеd on the bаѕіѕ оf Deployment (On-premise, Cloud) Application ( Device Management, Database Management, Analytics & Processing, and Other Applications) End-Use Industry ( Manufacturing, Retail, Healthcare, Automotive, and Other End-user Industries) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global IoT Platforms Market wаѕ vаluеd аt UЅD 25,273.9 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 28.3% frоm 2021 tо 2030.
The report on Global IoT Platforms Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global IoT Platforms Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global IoT Platforms Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global IoT Platforms Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global IoT Platforms Market.
Market Dynamics:
Increasing demand for data storage over the cloud is a key factor driving the growth of the enterprise IoT platform market during the forecast period. The increasing number of connected devices in an IoT ecosystem has led to the need for transferring, downloading, uploading large volumes of data which is done by the enterprise data centers is another factor expected to drive the growth of the global market. This encourages companies to enhance their capabilities in terms of expertise, speed, and agility to manage IoT data resources. The demand for cloud data storage is expected to increase owing to increased data traffic is a factor projected to fuel the growth of the global market. Major companies and service providers are expected to increase their backup servers and mitigate risks while guaranteeing uptime, system availability, and speed. The internet of things (IoT) platform is a medium between the services and applications which are connected with the real world. Increasing use of the internet and fast connectivity speed has driven the global IoT platform market. It helps in monitoring, evaluating, and controlling the main network connectivity.
Demand for better connectivity, growing diversity in IoT standards, and investments in IoT start-ups are the factors driving the growth of the IoT platform market. The threat of cyber-attacks reduces market spirit and the implementation of IoT platforms leads to loss of jobs for unskilled employees are the factors restraining the IoT platform market.
Segmental Analysis:
Among the type segments, the on-premise segment is accounted for a major revenue share and is expected to maintain its dominance in the global market.
Among the application segments, the device management segment is projected to dominate the global IoT platforms market. The analytics & processing segment is expected to register highest CAGR in the global market during the forecast period.
Among the end-use industry segment, the retail segment is expected to register significant revenue in the global market, owing to the IoT technology has been enabling retailers across the globe to connect with both businesses and people. Additionally, the use of e-commerce platforms is rapidly increasing, owing to the ease of shopping and growing smartphone penetration in the market, which is likely to boost the market. Due to the increasing need for data analysis and integration of analytics, it is expected that the market will propel.
Regional Analysis:
North America market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global IoT platforms market. This is attributed to the enterprises' adopted cloud technology to a large extent over other regions in the world. Also, robust cloud infrastructure, an increasing number of connected devices, and advancements in artificial intelligence and machine learning technologies are expected to fuel the market growth during the forecast period.
Global IoT Platforms Market Segmentation:
Segmentation by Deployment:
• On-premise
• Cloud
Segmentation by Application:
• Device Management
• Database Management
• Analytics & Processing
• Other Applications
Segmentation by End-Use Industry:
• Manufacturing
• Retail
• Healthcare
• Automotive
• Other End-user Industries
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
General Electric, Google, Inc.
Davra Networks
Telit Communications PLC
Gemalto
Alcatel-Lucent
Mnubo Inc.
Zebra Technologies
Aeris Communications
Exositez
Ayla Networks
Software AG
Bosch Software Innovation
Teezle Telematics India Pvt. Ltd.
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
Select Licence Type
Connect with our sales team
Why Future Market Outlook
100%
Customer
Satisfaction
24x7+
Availability - we are always
there when you need us
200+
Fortune 50 Companies trust
Future Market Outlook
80%
of our reports are exclusive
and first in the industry
100%
more data
and analysis
1000+
reports published
till date
