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.
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
1 Introduction (Page No. - 15) 1.1 The objectives of this study 1.2 Market Definition 1.2.1 Market Scope 1.3 Research Methodology 1.4 Stakeholders 1.5 Currency 1.6 Research Assumptions 1.7 Limitation 2 Executive Summary (Page No. - 25)
3. Market Outlook (Page No. - 29) 3.1 Introduction 3.2 DROC Matrix 3.3 Market Challenges 3.4 Market Share Analysis 3.5 Value chain Analysis 3.6 COVID-19 Impacts on Global Market
4 Industry Trends (Page No. - 42) 4.1 Introduction 4.2 PESTEL Analysis 4.3 Porter’s Five Forces Model 4.3.1 Threat of new entrance 4.3.2 Threat of substitute product 4.3.3 Bargaining power of buyer 4.3.4 Bargaining power of supplier 4.3.5 Intensity of competitive rivalry
9 IoT Platforms Regional Analysis (Page No. – 79) 9.1 Introduction 9.2 North America 9.2.1 Benchmark Market Revenue Analysis by Country, 2015-2019 9.2.2 Estimated and Projected Market Analysis by Country, 2020-2030 9.2.3 U.S. 9.2.4 Canada 9.3 Europe 9.3.1 Benchmark Market Revenue Analysis by Country, 2015-2019 9.3.2 Estimated and Projected Market Analysis by Country, 2020-2030 9.3.3 U.K. 9.3.4 Germany 9.3.5 France 9.3.6 Rest of Europe 9.4 Asia-Pacific (APAC) 9.4.1 Benchmark Market Revenue Analysis by Country, 2015-2019 9.4.2 Estimated and Projected Market Analysis by Country, 2020-2030 9.4.3 Japan 9.4.4 China 9.4.5 India 9.4.6 Rest of APAC 9.5 Rest of the World (RoW) 9.5.1 Benchmark Market Revenue Analysis by Country, 2015-2019 9.5.2 Estimated and Projected Market Analysis by Country, 2020-2030 9.5.3 Middle East 9.5.4 Africa 9.5.5 Latin America
10 Company Profiles (Page No. - 97) (Overview, Products & Services, Strategies & Insights, recent Developments)* 10.1 IBM Corporation (US) 10.2 Amazon Web Services (US) 10.3 Microsoft Corporation (US) 10.4 Google (US) 10.5 Huawei Technologies Co. Ltd (China) 10.6 Cisco Systems, Inc. (US) 10.7 Intel Corporation (US) 10.8 General Electric (US) 10.9 AT&T Inc. (US) 10.10 Wipro Ltd (India) 10.11 Davra Networks 10.12 Telit Communications PLC 10.13 Gemalto 10.14 Alcatel-Lucent 10.15 Mnubo Inc. 10.16 Zebra Technologies 10.17 Aeris Communications 10.18 Exositez 10.19 Ayla Networks 10.20 Software AG 10.21 Bosch Software Innovation 10.22 Teezle Telematics India Pvt. Ltd. TABLE 1 WORLD IOT PLATFORMS ESTIMATED AND PROJECTED REGIONAL ANALYSIS, 2020-2030 (USD MILLION) TABLE 2 WORLD IOT PLATFORMS BENCHMARK MARKET REVENUE ANALYSIS BY PLATFORM, 2015-2019, (USD MILLION) TABLE 3 WORLD IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 4 WORLD IOT PLATFORMS BENCHMARK MARKET REVENUE ANALYSIS BY END USER, 2015-2019, (USD MILLION) TABLE 5 WORLD IOT PLATFORMS ESTIMATED AND PROJECTED END USER ANALYSIS, 2020-2030 (USD MILLION) TABLE 6 WORLD IOT PLATFORMS BENCHMARK MARKET REVENUE ANALYSIS BY DEPLOYMENT, 2015-2019, (USD MILLION) TABLE 7 WORLD IOT PLATFORMS ESTIMATED AND PROJECTED DEPLOYMENT ANALYSIS, 2020-2030 (USD MILLION) TABLE 8 WORLD IOT PLATFORMS BENCHMARK MARKET REVENUE ANALYSIS BY APPLICATION, 2015-2019, (USD MILLION) TABLE 9 WORLD IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 10 NORTH AMERICA IOT PLATFORMS BENCHMARK MARKET REVENUE ANALYSIS BY COUNTRY, 2015-2019, (USD MILLION) TABLE 11 NORTH AMERICA IOT PLATFORMS ESTIMATED AND PROJECTED COUNTRY ANALYSIS, 2020-2030 (USD MILLION) TABLE 12 NORTH AMERICA IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 13 NORTH AMERICA IOT PLATFORMS ESTIMATED AND PROJECTED END USER ANALYSIS, 2020-2030 (USD MILLION) TABLE 14 NORTH AMERICA IOT PLATFORMS ESTIMATED AND PROJECTED DEPLOYMENT ANALYSIS, 2020-2030 (USD MILLION) TABLE 15 NORTH AMERICA IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 16 U.S. IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 17 U.S. IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 18 CANADA IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 19 CANADA IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 20 EUROPE IOT PLATFORMS BENCHMARK MARKET REVENUE ANALYSIS BY COUNTRY, 2015-2019, (USD MILLION) TABLE 21 EUROPE IOT PLATFORMS ESTIMATED AND PROJECTED COUNTRY ANALYSIS, 2020-2030 (USD MILLION) TABLE 22 EUROPE IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 23 EUROPE IOT PLATFORMS ESTIMATED AND PROJECTED END USER ANALYSIS, 2020-2030 (USD MILLION) TABLE 24 EUROPE IOT PLATFORMS ESTIMATED AND PROJECTED DEPLOYMENT ANALYSIS, 2020-2030 (USD MILLION) TABLE 25 EUROPE IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 26 U.K. IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 27 U.K. IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 28 GERMANY IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 29 GERMANY IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 30 FRANCE IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 31 FRANCE IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 32 REST OF EUROPE IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 33 REEST OF EUROPE IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 34 ASIA-PACIFIC IOT PLATFORMS BENCHMARK MARKET REVENUE ANALYSIS BY COUNTRY, 2015-2019, (USD MILLION) TABLE 35 ASIA-PACIFIC IOT PLATFORMS ESTIMATED AND PROJECTED COUNTRY ANALYSIS, 2020-2030 (USD MILLION) TABLE 36 ASIA-PACIFIC IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 37 ASIA-PACIFIC IOT PLATFORMS ESTIMATED AND PROJECTED END USER ANALYSIS, 2020-2030 (USD MILLION) TABLE 38 ASIA-PACIFIC IOT PLATFORMS ESTIMATED AND PROJECTED DEPLOYMENT ANALYSIS, 2020-2030 (USD MILLION) TABLE 39 ASIA-PACIFIC IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 40 JAPAN IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 41 JAPAN IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 42 CHINA IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 43 CHINA IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 44 INDIA IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 45 INDIA IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 46 REST OF APAC IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 47 REST OF APAC IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 48 ROW IOT PLATFORMS BENCHMARK MARKET REVENUE ANALYSIS BY COUNTRY, 2015-2019, (USD MILLION) TABLE 49 ROW IOT PLATFORMS ESTIMATED AND PROJECTED COUNTRY ANALYSIS, 2020-2030 (USD MILLION) TABLE 50 ROW IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 51 ROW IOT PLATFORMS ESTIMATED AND PROJECTED END USER ANALYSIS, 2020-2030 (USD MILLION) TABLE 52 ROW IOT PLATFORMS ESTIMATED AND PROJECTED DEPLOYMENT ANALYSIS, 2020-2030 (USD MILLION) TABLE 53 ROW IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 54 MIDDLE EAST IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 55 MIDDLE EAST IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 56 AFRCA IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 57 AFRICA IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION) TABLE 58 LATIN AMERICA IOT PLATFORMS ESTIMATED AND PROJECTED PLATFORM ANALYSIS, 2020-2030 (USD MILLION) TABLE 59 LATIN AMERICA IOT PLATFORMS ESTIMATED AND PROJECTED APPLICATION ANALYSIS, 2020-2030 (USD MILLION)
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.