Global IoT Platform Market Business Growth Statistics, Opportunities and Key Players - Samsung Electronics, Sap, GE, Google, Davra, PTC, AT&T, Relayr, Bosch Software Innovations, Ericsson, Sierra Wireless, Wind River, Axiros, Accenture, Apple, Microsoft

The Internet of Things (IoT) Platform is a medium between the applications and services which are connected with the real world. The rapid expansion of internet and fast connectivity speed has driven the global IoT platform market. It helps in monitoring, evaluating and controlling the main network connectivity. IoT integrates technologies such as data communication, data storage, hardware design and mining that help organization in decision-making power with high convenience, improved handling of emergencies, cost benefits, remote access and improvements in safety & security. The IoT platforms provide middleware to connect, manage devices and integrate collected data into various applications and services. Google acquired Xively Internet of Things (IoT) platform of LogMeIn, Inc. which aimed at provides Google Cloud with established IoT platform. This strategy has boosted Google’s cloud business in IoT.

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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This report analyzes the IoT Platform market on a global basis, with further breakdown into various sub-segments. It provides thorough analysis and forecast of the global IoT Platform market, based on its components, end-users, and geography for the period from 2019 to 2025. The market overview section of the report demonstrates the market dynamics and trends that influence the current nature and future status of this field. Impact factors such as Porter’s five forces and value chain analysis have also been explained in the market overview section of the report in order to give a thorough analysis of the overall competitive scenario in the global IoT Platform market.

The study emphasizes advancement in IoT Platform solutions as it has immense influence on the decision making process in almost all socioeconomic and business aspects. Furthermore, the report provides a detailed analysis of the global IoT Platform market along with the market forecast in terms of revenue growth for all segments.

Key Players: Global IoT Platform Market

• 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

Major market drivers and restraints: Global IoT Platform Market

• 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

Industry Latest Developments

• The IoT platforms provide middleware to connect, manage devices and integrate collected data into various applications and services.

• 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.

• Google acquired Xively Internet of Things (IoT) platform of LogMeIn, Inc. which aimed at provides Google Cloud with established IoT platform.

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Business Key Points

• The 360-degree IoT Platform overview based on a global and regional level

• Market share, value, volume, and production capacity is analyzed on global, regional and country level

• A complete and useful guide for new market aspirants

• Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations

• Supply and Consumption – In continuation of sales, this section studies supply and consumption for the IoT Platform Market. This part also sheds light on the gap between supply and consumption. Import and export figures are also given in this part.

• Competitors – In this section, various IoT Platform industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

• Production Analysis – Production of the IoT Platform is analyzed with respect to different regions, types and applications. Here, price analysis of various IoT Platform Market key players is also covered.

• Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the IoT Platform Market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.

• Other analyses – Apart from the information, trade and distribution analysis for the IoT Platform Market.

Customization of the Report:

This report can be customized to meet the client’s requirements. Please connect with our sales team (sopan.gedam@databridgemarketresearch.com), who will ensure that you get a report that suits your needs.

Market Segmentation: Global IoT Platform Market

By Application

• Home Automation
• Wearable Technology
• Smart City
• Industrial Automation
• Connected Transportation
• Healthcare
• Smart Retail
• Smart Agriculture
• Connected Logistics

By Geography

• Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific).

• North America (US, Canada, Mexico).

• Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe.

• South America (Brazil, Argentina, Rest of South America).

• Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa).

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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