Press release
IoT Cloud Platforms Market Worth USD 6.089 Billion by the end of 2026
In 2019, the global IoT Cloud Platforms market size was USD 1.254 Billion and it is expected to reach USD 6.089 Billion by the end of 2026, with a CAGR of 25.3% during 2021-2026.An IoT platform means cloud-based and on premise software packages and related services that enable and support sophisticated IoT services. Speak specifically, An IoT platform combines several software functions into one solution to enable companies to develop and deploy Internet of Things solutions faster, better and cheaper.
The major forces driving the IoT market are development of cheaper and smarter sensors, evolution of high speed networking technologies, and rising adoption of cloud platforms across industry verticals. Furthermore, increasing penetration of connected devices has unleashed the growth potential through predictive maintenance, security, and analytics which is expected to drive the market during the forecast period.
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Global IoT Cloud Platforms Scope and Market Size
IoT Cloud Platforms market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global IoT Cloud Platforms market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by
Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the IoT Cloud Platforms market is segmented into Software, Service, etc.
Segment by Application, the IoT Cloud Platforms market is segmented into Smart Home & Wearables, Smart Energy, Smart Security, Manufacturing, Transportation & Logistics, Healthcare, Others, etc.
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Regional and Country-level Analysis
The IoT Cloud Platforms market is analysed and market size information is provided by regions (countries).
The key regions covered in the IoT Cloud Platforms market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscape and IoT Cloud Platforms Market Share Analysis
IoT Cloud Platforms market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in IoT Cloud Platforms business, the date to enter into the IoT Cloud Platforms market, IoT Cloud Platforms product introduction, recent developments, etc.
The major vendors include PTC (ThingWorx), Cisco (Jasper), Microsoft, Google, IBM, Intel Corporation, SAP, Oracle Integrated Cloud, AT&T, Fujitsu, Amazon, HPE, Telit, General Electric (Predix), Gemalto, Exosite, Zebra Technologies, Ayla Networks, Xively, Aeris, Particle, relayr, Bosch Software Innovations, Teezle, etc.
This report focuses on the global IoT Cloud Platforms status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IoT Cloud Platforms development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
o PTC (ThingWorx)
o Cisco (Jasper)
o Microsoft
o Google
o IBM
o Intel Corporation
o SAP
o Oracle Integrated Cloud
o AT&T
o Fujitsu
o Amazon
o HPE
o Telit
o General Electric (Predix)
o Gemalto
o Exosite
o Zebra Technologies
o Ayla Networks
o Xively
o Aeris
o Particle
o relayr
o Bosch Software Innovations
o Teezle
Market segment by Type, the product can be split into
o Software
o Service
Market segment by Application, split into
o Smart Home & Wearables
o Smart Energy
o Smart Security
o Manufacturing
o Transportation & Logistics
o Healthcare
o Others
Market segment by Regions/Countries, this report covers
o North America
o Europe
o China
o Japan
o Southeast Asia
o India
o Central & South America
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