Global IoT Platform Market Business Development Strategies and Technological Advancements - IBM, Microsoft, Amazon Web Services, Samsung Electronics, Sap, GE, Google, Davra, PTC, AT&T, Relayr, Bosch Software Innovations and others

The IoT Platform market report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. The global IoT Platform market report also contains the drivers and restrains for the market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.

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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Prominent 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.

Market Segmentation

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

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

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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 fr unskilled employees

• Industrial internet revolution

• Investments in IoT start-ups

Research objectives

• To study and analyze the global IoT Platform consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2025.

• To understand the structure of IoT Platform market by identifying its various subsegments.

• Focuses on the key global IoT Platform players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

• To analyze the IoT Platform with respect to individual growth trends, future prospects, and their contribution to the total market.

• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

• To project the consumption of IoT Platform submarkets, with respect to key regions (along with their respective key countries).

• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

• To strategically profile the key players and comprehensively analyze their growth strategies

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Data Bridge Market Research
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