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IoT Cloud Platform Market 2018: Industry is expected to grow at a CAGR of roughly 32.1% | Top Key Players (IBM, Mircosoft, Oracle, SAP SE, Amazon Web Services), globally 2023

07-18-2018 09:07 AM CET | IT, New Media & Software

Press release from: Research for Markets

/ PR Agency: Research For Markets
Research For Markets

Research For Markets

The Global IoT Cloud Platform Market is accounted for $1.98 billion in 2016 and expected to grow at a CAGR of 32.1% to reach $13.96 billion by 2023. Factors such as are low-cost wireless connectivity, growth in automotive sector & utilities, increasing demand for system integrators, data driven smart cities, evolution of high-speed networking technologies and increasing adoption of connected and intelligent devices are driving the market growth. However, shortage of IoT technology skills, lack of data management and interoperability and dearth of data security and privacy are hampering the market growth.

Some of the key players in Global IoT Cloud Platform market are:
• International Business Machine Corporation,
• Mircosoft Corporation,
• Oracle Corporation,
• SAP SE,
• Amazon Web Services, Inc,
• Google Inc,
• Salesforce.Com,
• PTC,
• AT&T,
• Cisco Systems Inc.,
• Samsung Electronics Co. Ltd
• General Electric Company.

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Based on Application, in Smart City, solutions contain wide variety of sensors and data sources. These include temperature, humidity, noise, gas, and motion sensors, cameras, mobile devices, network sniffers, smart meters, water meters and other devices that collectively monitor and optimize city operations while enhancing services. The smart waste collection technology sector is still in an early phase, but Smart Bins have now started to be used for waste collecting.

North America is expected to dominate the market share during the forecast period owing to increased investment and early adoption of technology by several industries. Asia Pacific is anticipated to grow at the highest CAGR which can be attributed to the rise in manufacturing automation and retail establishments.

Services Covered:
• Managed Services
• Professional Services

Deployment Models Covered:
• Public Deployment Model
• Hybrid Deployment Model
• Private Deployment Model

Organizations Covered:
• Large Enterprise
• Small and Medium Businesses

Platforms Covered:
• Application Enablement Platform
• Device Management
• Connectivity Management

Applications Covered:
• Connected Logistics
• Connected Transportation
• Healthcare
• Home Automation
• Industrial Automation
• Smart Agriculture
• Smart City
• Smart Retail
• Wearable Technology
• Other Applications

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

To Know More Details about Top Key Players, Table of Content & List of Figures you can Visit @ https://www.researchformarkets.com/reports/iot-cloud-platform-global-market-5194

Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global IoT Cloud Platform Market, By Service

6 Global IoT Cloud Platform Market, By Deployment Model

7 Global IoT Cloud Platform Market, By Organization

8 Global IoT Cloud Platform Market, By Platform

9 Global IoT Cloud Platform Market, By Application

10 Global IoT Cloud Platform Market, By Geography

11 Key Developments

12 Company Profiling
12.1 International Business Machine Corporation
12.2 Microsoft Corporation
12.3 Oracle Corporation
12.4 SAP SE
12.5 Amazon Web Services, Inc
12.6 Google Inc
12.7 Salesforce.Com
12.8 PTC
12.9 AT&T
12.10 Cisco Systems Inc.

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About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com

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