Press release
Global Cloud-based Database Market Strategies, Competitor Analysis to 2023 | Key Players-Axeda Corp., ILS Technologies LLC, ThingWorx Inc., Sierra Wireless Inc., Raco Wireless LLC, Wind River Systems Inc., Jasper Wireless Inc.
Cloud-based Database Market
Connected Device Management (CDM) platforms automate the administration and delivery of machine-to-machine (M2M) connectivity. CDM platforms are essential to provide value-added attributes in the Internet of Things (IoT) architecture. There are platforms in Big Data, cloud computing platforms, analysis and other intelligent devices. CDM platforms act as a bridge between the upper layers of the architecture and the connected devices.
Global Cloud-based Database Market Drivers and Restraints:
The growing use of cloud, big data and analytics technology has stimulated demand for these platforms. Applications developed on CDM platforms are capable of processing raw data in usable information. In addition, CDM platforms provide isolation against direct connection to the device, which can affect the internal architecture. As a result, the dependence on CDM platforms has increased dramatically. However, the problems of network compatibility, the complexity of the ecosystem and adequate technological progress are a great challenge for this market. CDM platforms allow M2M providers to add value and obtain margins by selling integrated hardware and compatible applications. The CDM platform is used in a variety of industries, including transportation and logistics, retail, water and wastewater, oil and gas, industrial machinery, health, energy, automotive and automation.
Browse details of research report developed on Global Cloud-based Database Market @ https://www.researchcosmos.com/reports/global-and-north-america-cloud-based-database-market-status-and-future-forecast-2013-2023/3085423
Global Cloud-based Database Market Geographic Segmentation:
Of all the regions, North America held the largest market share in terms of revenue, while Asia is expected to grow at the second-highest CAGR in the next five years. Industrialization, the growth of small- and medium-sized businesses, and start-ups are major contributors to the growth of the market. North America is dominating the market followed closely by Europe. The growth is attributed to the technological advancements in communication and network infrastructure. Asia-Pacific is expected to observe a significant growth in the near future. The growth is attributed to the strong IT infrastructure and deep penetration of telecommunication networks.
Some of the key players operating in CDM platforms market include Axeda Corp., ILS Technologies LLC, ThingWorx Inc., Sierra Wireless Inc., Raco Wireless LLC, Wind River Systems Inc., Jasper Wireless Inc., Comarch S.A., Qualcomm Inc., SensorLogic Inc., Echelon Corp., Ziphany LLC, Tridium Inc., Augusta Systems Inc., Palantiri Systems Inc., Crossbow Technology Inc., nPhase LLC, Wyless Inc., Feeney Wireless LLC, Kore Telematics Inc. and Numerex Corp. among others.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Avail Sample Market Brochure of the report for more information, Get a Copy @ https://www.researchcosmos.com/request/global-and-north-america-cloud-based-database-market-status/3085423
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Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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