Press release
Global IoT Platform Market Trends, Technical Innovation and major competitors are IBM, Microsoft, Amazon Web Services, Samsung Electronics, Sap, GE, Google, Davra, PTC, AT&T, Relayr, Bosch Software Innovations, Ericsson, Sierra Wireless, Wind River
Global IoT Platform Market
According to the report, global demand for IoT Platform market was valued at approximately USD 1,640.4 million in 2017 and expected to reach USD 6,010.0 million in 2025 with growing at a healthy CAGR of 27.6%.
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The IoT Platform market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of IoT Platform market for global, Europe, North America, Asia Pacific and South America.
The key players operating in the global IoT platform market are –
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.
Recently, in June 2018, SORACOM Inc., a provider of cloud-native platform for the IoT entered into a strategic partnership with Mnubo Inc., a data analytics and Artificial Intelligence (AI) for IoT Company for offering IoT solutions for global enterprises. This association helped IoT companies to have scalable and flexible IoT solution within less time to have actionable business use cases.
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
• U.S.
• 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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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
Scope of Report:
• CAGR of the market during the forecast period 2018-2025
• Detailed information on factors that will accelerate the growth of the IoT Platform market in upcoming years
• Precise estimation of the global IoT Platform market size, share and its contribution to the Global IoT Platform market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the IoT Platform industry across various geographies such as the North America Europe, Asia-Pacific, South America and Middle East & Africa.
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of IoT Platform manufacturers
For Customized Reports and Discounts, Mail us @ sopan.gedam@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Sopan gedam
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
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