Connected Device Management Platform Market - Lucrative Opportunities across the Globe by 2029

The flourishing need of big data, cloud based technology platforms, and analytics has accelerated the demand for such platforms. As these platforms are used in various applications the market has very potential growth. Hence the detailed study of this market is required.

The major challenges to this industry are the complexity of ecosystem, network compatibility issues and the advancements in the technology.

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As there is a large amount of data generated every second due to the social networking sites management platforms are required which increases the opportunities of such platforms.

The devices management platform are used in variety of applications such as in Retail and Manufacturing, Transportation, logistics, industrial machinery, oil and gas, energy, healthcare, automation.

The research is carried out in different geographies, namely North America, Europe, Asia-Pacific and Rest-of-World. North America dominates the market due to technological advancements in network infrastructure and communication industry.

As there is rise in IT Infrastructure and telecom networks in Asia-Pacific regions, it is expected to have significant growth in coming few years.

The competitors in the market are adopting partnership strategies to power connected devices. For example, Telefonica UK has joined hands with Jasper Wireless to deploy cloud based management platform for M2M communications.

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The various other players in the global market are Jasper Wireless Inc., ThingWorx Inc., Wind River Systems, Sierra Wireless Inc., Comarch S.A, Raco Wireless LLC, Qualcomm Inc., Augusta Systems, Inc., Sensor Logic, Inc., Crossbow Technology, Inc., Palantiri Systems, Inc., Feeney Wireless LLC, nPhase LLC, Kore Telematics, Inc., etc.

KEY BENEFITS:

• Identifies and highlights various drivers, limiting factors, and market opportunities for the benefit of the stakeholders in the market.

• The analysis refers to the various segments of the global market which provides region specific moves by the various players in the market.

• Porter's five force analysis helps to identify where the capability lies within a business scenario. By understanding this, market players can also identify areas of strength, to improve on the weakness to avoid miss-stepping.

• SWOT analysis identifies and categorizes the internal and external factors of the organizations which would in turn help in building marketing strategies.

• Identification of key investment pockets for platforms market that helps stake holders to take strategic decisions.

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