|10-05-2018 05:43 PM CET - Business, Economy, Finances, Banking & Insurance||
Global IoT Platform Market Recent Study of Business Strategies, Detailed Profiles of top Industry Players till 2025 - 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
The IoT Platform market report provides with CAGR value fluctuation during the forecast period of 2018-2025 for the market. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. IoT Platform Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This study also analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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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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.
TOP KEY PLAYERS
• Amazon Web Services,
• Samsung Electronics,
• Bosch Software Innovations,
• Sierra Wireless,
• Wind River,
• Hewlett Packard Enterprise,
• Huawei Technologies,
• Atos and others.
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• 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
• 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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