|09-21-2018 06:06 PM CET - Business, Economy, Finances, Banking & Insurance||
Global IoT Platform Market Business Growth Factors, Industry Policies And Forecast Till 2025 - are IBM, Microsoft, Amazon Web Services, Samsung Electronics, Sap, GE, Google, Davra, PTC, AT&T, Relayr, Bosch Software Innovations
Press release from: Data Bridge Market Research
Global IoT Platform market research report utilizes a SWOT analysis as well as Porter’s Five Forces analysis to reveal the strengths, weaknesses, opportunities, and threats. Reports introduces a top to bottom evaluation of the IoT Platform including empowering technologies, key trends, market drivers, challenges, standardization, regulatory landscape, opportunities, future guide, value chain, ecosystem player profiles and strategies. This report contains a chapter on the on the Global IoT Platform market and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.
According to the new 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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Well known players of Global IoT Platform market are IBM, Microsoft, Amazon Web Services, Samsung Electronics, Sap, GE, Google, Davra, PTC, AT&T, Relayr, Bosch Software Innovations, Ericsson, Sierra Wireless, Wind River, Axiros, Hewlett Packard Enterprise, Accenture, Apple, Salesforce, Huawei Technologies, Atos and others.
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.
This market research analysis identifies the large-scale benefits of using Internet of Things (IoT) devices as one of the primary growth factors that will drive the growth of the IoT platform market during the next few years. IoT integrates technologies such as data communication, data storage, hardware design, and mining and is the latest trend in the global technology arena. Due of its potential applications and numerous advantages including high convenience, improved decision-making, improved handling of emergencies, cost benefits, improved quality of life, remote access, and improvements in safety and security, several organizations, industries, and technologists are adopting IoT since it empowers the end-user to make informed decisions.
• Home Automation
• Wearable Technology
• Smart City
• Industrial Automation
• Connected Transportation
• Smart Retail
• Smart Agriculture
• Connected Logistics
• United Kingdom
• Rest of Europe
• South Korea
• Rest of Asia-Pacific
• Rest of South America
Middle East & Africa
• South Africa
• Rest of MEA
• Device Management
• Connectivity Management
• Application Enablement
• Small & Medium Enterprise
• Large Enterprise
• Professional Services
• Training & Consulting
• Integration Services
• Support & Maintenance
• Managed Services
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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
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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.
Data Bridge Market Research
This release was published on openPR.
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