Press release
Global IoT Cloud Platform Market Competition, Emerging Trends, Segmentation Application, Analysis and Forecast to Grow at a CAGR of +16% between 2018 and 2025
The increasing number of players in IoT platform are continuously innovating their solutions, which is expected to propel the global IoT platform market in the coming years. IoT integrates various technologies such as hardware design, data storage, and data communication. This integration allows IoT to provide improved safety and security, give remote access to its applications, improve quality of life of products used in companies, offer benefits in production costs, enhance handling of emergencies, and improve decision-making capabilities to the management of organizations. The IoT platform market is envisioned to expand with an impressive rate due to escalating penetration of remote and connected devices such as tablets and smartphone.“Report Consultant Analyst Predicts The IoT Cloud Platform Market Expected To Grow at a CAGR of +16% During Forecast Period.”
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Top Key Players Profiled in the report are:
Oracle Corporation, General Electric, Salesforce.com, Amazon Web Services, SAP SE, IBM Corporation, Cisco Systems, Microsoft Corporation, and Google
Based on deployment, the on-premise segment has dominated the entire market in 2018 due to the advanced security features it provides. Conversely, cloud solutions are more exposed to cyber-attacks. Storing data on your organization's personal data server helps you avoid external threats. In addition, the accessibility improvements and latency improvements provided by the on premises solution are expected to increase during the forecast period. However, with the cost savings, rapid digitization of IoT sensors, and increased adoption of cloud computing technologies, the cloud IoT platform market is expected to surpass the market share of the on-premise segment, which is expected to grow at a faster pace.
This research report comprehensively assesses the Global IoT Cloud Platform Market by explaining key market characteristics that are expected to have measurable impact on progressive scenarios during the forecast period. Major growth drivers, limitations and propensities affecting global markets are closely reviewed. The report also presents comprehensive qualitative and quantitative data on the predictable impact of these factors on the market's future growth prospects.
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Among various application segments such as Security, asset performance management, infrastructure management, enterprise performance management, supply chain management, customer service, inventory management and human capital management. The supply chain management sector will bring high returns to the entire market. Applying IoT to supply chain management improves asset tracking, allowing manufacturers to make better decisions and save money and time.
Regional Outlook:
Geographically, the global IoT platform market can be classified as North America, Europe, Latin America, Asia Pacific and the Middle East and Africa. North America has played a leading role in the global market with the advent of many IoT solution providers and the adoption of changing technologies. However, the European market is expected to grow faster than the North American market in the near future.
Table of Contents
Global IoT Cloud Platform Market Research Report.
Chapter 1 IoT Cloud Platform Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…
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