openPR Logo
Press release

Enterprise IoT Market 2020 Global Leaders Analysis: Amazon Web Services, Verizon Communications, Intel, Cisco Systems, Microsoft, Oracle

07-30-2020 04:22 PM CET | IT, New Media & Software

Press release from: Market Research Future (MRFR)

Enterprise IoT Market 2020 Global Leaders Analysis: Amazon Web

Market Research Future published a research report on “Enterprise IoT Market Research Report - Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Industry Insight

The rapid uptake and development of the IoT is increasingly a crucial component of any enterprises’ strategy. Market Research Future predicts the potentiality of the global enterprise IoT market 2020. It can achieve a valuation of USD 58 Billion endpoints by the year 2023. This valuation will garner at a growth rate of 26% in the forecast years (2017 to 2023).

Top Impacting Factors

The market is witnessing the finest growth from the factors such as electricity smart metering for both residential and commercial that could boost the adoption of IoT among utilities in the coming years. Physical security, where building intruder detection and indoor surveillance use cases, will drive volume and would become the second-largest user of IoT, thus stimulating the valuation of the global Enterprise Iot Market.

IoT technology is the keystone for many enterprises by providing digital transformations and empowering them to upgrade existing processes by creating and tracking new business models. The key players in the enterprise IoT market are continuously developing strategies by completing planned mergers and partnerships, to develop new advanced IoT products and solutions. These factors have also been considered as prime ones stimulating the market growth during its growth course.

Get Free Sample Report @

Major tech giants such as IBM Corporation and Bosch have been actively investing in enterprise IoT market owing to the rising demand from assorted industry verticals such as education, healthcare, manufacturing, corporate, and among others. IBM and Bosch joined forces for developing new technologies for enterprise IoT, and to deliver comprehensive IoT solutions for respective enterprises. In fact, the rising adoption of BYOD and mobile devices is also one of the essential factors liable for fueling the growth of the enterprise IoT market.

Key Players

The prominent players in enterprise IoT market are – Intel Corporation (U.S.), Cisco Systems, Inc. (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), IBM Corporation (U.S.), Google Inc. (U.S.), Hewlett Packard Enterprise (U.S.), Amazon Web Services, Inc. (U.S.), Bosch Software Innovations GmbH (Germany), Verizon Communications (U.S.) and others.

Market Segmentation:

As per the study, the enterprise IoT market is further studied among segments such as platform, component, and enterprise type.

In terms of component segment, the market is bifurcated among solutions, software, and services. Among these, the software segment acquires the largest market share for the enterprise IoT market owing to the rising cloud-based applications and cloud-based data storage. In terms of the services segment, the market might expand at a noteworthy rate owing to the escalating demand for IoT applications and devices.

In terms of the platform segment, the market has included device management, application management, and network management.
In terms of enterprise type, the market has included SMEs and large enterprises.

Regional Analysis:

The regional analysis of the enterprise IoT market globally is studied for regions such as North America, Asia Pacific, Europe, and the Rest of the World.

As per the study, it has been observed that the North America region is estimated to grasp the largest share of market. In the year 2020, revenue from the market will gather a total of $389 billion globally. The foremost growth in the enterprise IoT market in North America is ascribed to technological advancements and mounting the internet of things across various industry verticals in that region.

The region of Asia-Pacific is also projected to expand at the fastest rate during the forecast period. In this region, China will achieve a $91 billion valuation in the global enterprise IoT market.

Get Complete Report @

Intended Audience

• Technology Investors
• Research/Consultancy Firms
• Infrastructure Providers
• Software Vendors
• Technology Providers
• IoT Platform Providers

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Enterprise IoT Market 2020 Global Leaders Analysis: Amazon Web Services, Verizon Communications, Intel, Cisco Systems, Microsoft, Oracle here

News-ID: 2099984 • Views: 1249

More Releases from Market Research Future (MRFR)

Smart Shoe Market Size USD 6.51 Billion at a CAGR of 32% by 2023 | COVID-19 Impa …
Market Overview The rising fascination with technology in wearable is estimated to benefit the global smart shoe market 2020. The SEM industry reports are produced by Market Research Future, which highlights market options for expansion. The market shows the potential to attain USD 6.51 billion by the conclusion of 2023 with the support of a 32% CAGR in the forecast period. The intensifying adoption of technology is likely to create favorable opportunities
Hardware Acceleration Market Size USD 50 Billion by 2023 at 49% CAGR | Industry …
Market Synopsis As per the evaluation by Market Research Future Reports (MRFR), the global Hardware Acceleration Market size was assessed at USD 3.12 Billion in 2018 and is expected to touch USD 50 Billion by the end of the forecast period with a CAGR of 49%. The increase in need to simplify laborious task can impel the expansion of the Hardware Acceleration Market through the evaluation period. The presence of effective tool
Optical Fingerprint Sensor Market 2021 Size, Share, Growth, COVID-19 Impact Anal …
Market Scope Market Research Future (MRFR) expects the global optical fingerprint sensor market 2020 to attain a valuation of USD 1 billion by 2023-end. It is also estimated that the market can advance at a decent rate of 12% between 2017 and 2023, which is the forecast period. We will provide covid-19 impact analysis with report. Primary Boosters and Main Deterrents Optical fingerprint scanning technology has been observing a rapid surge in
Indoor Farming Robots Market to Perceive A 22.53% CAGR By 2025, Market Analysis …
The use of robots in farming is expected to rise as the human counterparts move towards other better-paying professions, spurring the indoor farming robots market 2020. The semiconductors and electronics industry reports are produced by Market Research Future, which highlights market options for expansion. A 22.53% CAGR is expected to guide the market to USD 358.5 Million by 2025. The labor-intensive nature of agriculture is expected to advocate the use of

All 5 Releases

More Releases for IoT

Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Telecom IoT
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these