Press release
Worldwide IoT Platform Market trends, Share, Growth, Top Player Profile Research (IBM, Microsoft, Amazon Web Services, PTC, AT&T, Relayr, Bosch Software Innovations, Ericsson, Sierra Wireless, Wind River, Samsung Electronics, Sap, GE, Google, Davra)
Global IoT Platform market
Global Market Analysis
The Global IoT Platform Market was valued at USD 1,640.4 million in 2017 and is expected to reach USD 6,010.0 million in 2025, growing at a healthy CAGR of 27.6% for the forecast period of 2018 to 2025.
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Global IoT Platform Market, By Platform(Device Management, Connectivity Management, Application Enablement), Service (Professional Services, Training & Consulting, Integration Services, Support & Maintenance, Managed Services), Application (Home Automation, Wearable Technology, Smart City, Industrial Automation, Connected Transportation, Healthcare, Smart Retail, Smart Agriculture, Connected Logistics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025.
Top Competitors of Market
IBM Corporation
Microsoft Corporation
Amazon Web Service
com, Inc.
Samsung
Sap SE
The other players in the market are General Electric, Google, Inc., Davra Networks, PTC, Telit Communications PLC, Gemalto, Alcatel-Lucent, Mnubo Inc., Zebra Technologies, AT&T Inc., Carriots, Comarch, Xively, Aeris Communications, Exositez, Ayla Networks, Relayr, Software AG, Bosch Software Innovations, Teezle Telematics India Pvt. Ltd., Ericsson, Sierra Wireless, SORACOM Inc., Wind River, Magneto IT Solutions, and many more.
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Market Segmentation
By Deployment
Public
Private
Hybrid
By Platform
Device Management
Connectivity Management
Application Enablement
Organization Size
Small & Medium Enterprise
Large Enterprise
By Service
Professional Services
Training & Consulting
Integration Services
Support & Maintenance
Managed Services
By Application
Home Automation
Wearable Technology
Smart City
Industrial Automation
Connected Transportation
Healthcare
Smart Retail
Smart Agriculture
Connected Logistics
By Geography
North America
US.
Canada,
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Rest of South America
Middle East & Africa
South Africa
Rest of MEA
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Competitive Landscape
The global IoT platform market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Major market drivers and restraints
Demand for better connectivity
Growing diversity in IoT standards
Threat of cyber-attacks reduces market spirit
Implementation of IoT platform leads to loss of jobs for unskilled employees
Industrial internet revolution
Investments in IoT start-ups
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