IoT Platform Market is expected to see growth rate of 23.45% and may see market size of USD8174.14 Million by 2024

Latest Research Study on Global IoT Platform Market published by AMA, offers a detailed overview of the factors influencing the global business scope. IoT Platform Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the IoT Platform. PTC Inc. (United States), SAP SE (Germany), International Business Machines Corporation (IBM) (United States), Hitachi, Ltd. (Japan), Accenture plc (United States), Atos (France), Altizon Systems (United States), Flutura Decision Sciences and Analytics (United States), Oracle Corporation (United States) and Amazon.com, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Microsoft Corporation (United States), Google LLC (United States), Davra (Ireland), Cisco Systems (United States) and Cisco Systems, Inc. (United States).

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An IoT platform works on a multi-layer technology and manages, processes, and transfers the data to and from connected devices with the help of the Internet. It connects hardware, however diverse, to the cloud by using flexible connectivity options, broad data processing powers, and enterprise-grade security mechanisms. Additionally, it offers connectivity to various IoT-compatible hardware devices including mobiles, laptops, industrial control systems, wearable fitness devices, automotive telematics units, or drone units.

According to AMA, the Global IoT Platform market is expected to see growth rate of 23.45% and may see market size of USD8174.14 Million by 2024.

Market Trend
• Growing Adoption of IoT Platform based on Advanced AI Algorithms
• Introduction to Industry-Specific Platforms will Lead to Increased Demand

Market Drivers
• Robustly Increasing Demand for Cloud-Based Data Storages
• Upsurging Number of IoT Based Connected Devices across the Globe

Opportunities
• Upsurgin Internet Connectivities and IoT based Infrastructure from Developing Economies
• Consumer Shift from Local Data Bases to Cloud-Based Applications

Restraints
• Integration Complexities with the Existing Systems
• Increasing Security and Privacy Concerns related to IoT Platforms

Challenges
• The Death of Skilled Workforce Across the Globe
• Strong Competition and Introduction to Domestic IoT Platform Providers

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Extracts from Table of Contents
Chapter 1: IoT Platform Market Overview
Chapter 2: Global IoT Platform Market Share and Market Overview
Chapter 3: IoT Platform Market Manufacturers/Players Analysis
3.1 Market Concentration Rate
3.2 Competition Scenario: BCG Matrix [Relative Market Share v/s Revenue Growth Rate]
3.3 Heat Map Analysis
3.4 Comparative Market Share Analysis by Players (2018-2019) Rank, [% Market Share, Market Revenue]
3.5 Company Profile - Business Distribution by Region, Interview Record, Business Profile, Product/Service Specification, Price, Revenue and Gross profit 2017-2019
3.6 Price Benchmarking (2017-2019)
Chapter 4: Global IoT Platform Market Segmentation (Country Level Breakdown) (2014-2025)
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands, Poland and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
Chapter 5: Global IoT Platform Market Breakdown by Segments (by Type (Device Management, Application Management, Connectivity Management), Application (Predictive Maintenance, Business Process Optimization, Asset Tracking), Platform (Connectivity Platforms, M2M platforms), End Use Industry (Manufacturing, BFSI, Smart Cities & Homes, Telecommunication, IT, Others), Deployment (Cloud-Based, Hybrid))
5.1 Global IoT Platform Market Segmentation (Product Type) Market Size 2014-2025
5.2 Different IoT Platform Price Analysis by Product Type (2014-2025)
5.3 Global IoT Platform Market Segmentation (Product Type) Analysis
5.4 Global IoT Platform Market by Application/End users Market Size 2014-2025
5.5 Global IoT Platform Market Segmentation (other segments) Analysis
Chapter 6: Methodology/Research Approach, Data Source, Disclaimer

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Data Sources & Methodology

The primary sources involves the industry experts from the Global IoT Platform Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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