IoT Cloud Platform Market to Witness Huge Growth by Key Players: AWS, Microsoft, Google, Cisco Systems, IBM, Oracle, Salesforce, SAP, PTC, Samsung, Bosch, Autodesk and Others.

According to Market Study Report, IoT Cloud Platform Market provides a comprehensive analysis of the IoT Cloud Platform Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the IoT Cloud Platform Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Internet of Things (IoT) cloud platform market size to grow from USD 6.4 Billion in 2020 to USD 11.5 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. This report spread across 198 pages, profiling 20 companies and supported with 122 tables and 43 figures are now available in this research.

Top Key Players Profiled in the IoT Cloud Platform Market:
o AWS (US)
o Microsoft (US)
o Google (US)
o Cisco Systems (US)
o IBM (US)
o Oracle (US)
o Salesforce.com (US)
o SAP (Germany)
o PTC (US)
o Samsung (South Korea)
o Bosch.IO (Germany)
o Autodesk (US)
o AT&T (US)
o Alibaba Cloud (China)
o Telit (UK)
o Siemens (Germany)
o GE Digital (US)
o Ubidots (Colombia)
o Zoho Corporation (US)
o Particle (US)

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"Based on platform, the application enablement segment to grow at the highest rate during the forecast period"
Based on platform, the IoT cloud platform market is segmented into device management, connectivity management, and application enablement. The application enablement segment is estimated to grow at the highest CAGR during the forecast period. Application enablement platform enables users to easily implement IoT applications and services without exposing the network connectivity to any threats. It allows companies to gain value from IoT investments in less time because the platform eliminate technological hurdles

"Based on deployment mode,the public cloud segment to hold the largest market size during the forecast period"
Based on deployment mode, the IoT cloud platform market is divided into the public cloud, private cloud, and hybrid. The public cloud segment is estimated to lead the market during the forecast period.The growing demand for investing in public cloud across various developed economies, such as the US, China, the UK, Australia, and Canada is anticipated to drive the demand for public cloud deployment mode in the IoT cloud platform the market.

"Based on application area, the building and home automation segment to lead the market during the forecast period"
Based on application area, the IoT market is segmented into building and home automation, smart transportation, connected healthcare, smart manufacturing, smart retail, smart grid and utilities, and others (including smart education, smart agriculture, and security and emergency). Among these application areas, the building and home automation segment is estimated to lead the market during the forecast period.

"Among regions, Asia Pacific to grow at the highest CAGR during the forecast period"
The Asia Pacific (APAC) IoT cloud platform market is expected to record the highest growth rate during the forecast period, owing to the significant adoption of advanced technologies, proliferation of IoT-enabled devices, continuously enhancing network connectivity, and government initiatives for IoT. APAC is taking aggressive initiatives to leverage the Information Technology (IT) infrastructure, enabling commercial users to adopt IoT cloud platform.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 33%, Tier 2 - 8%, and Tier 3 - 59%
o By Designation: C-Level - 33%, Directors - 25%, and Others*- 42%
o By Region: North America - 17%, Europe - 25%, APAC- 50%, and RoW** - 8%

Competitive Landscape of IoT Cloud Platform Market:
1 Competitive Leadership Mapping
1.1 Evaluation Criteria
1.2 Visionary Leaders
1.3 Dynamic Differentiators
1.4 Innovators
1.5 Emerging Companies
2 Strength Of Product Portfolio (20 Players)
3 Business Strategy Excellence (20 Players)

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Research Coverage:
The IoT cloud platform market is segmented by offering (platform and services), organization size, deployment mode, application area, and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overview; platform and services; key strategies; new product launches and product enhancements; partnerships, agreements, and collaborations; business expansions; acquisitions; and competitive landscape associated with the IoT cloud platform market.

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