Comprehensive IoT Middleware Market Forecast 2025-2034: Growth Trends and Strategic Shifts

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

IoT Middleware Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the recent years, the IoT middleware market has seen significant expansion. It is projected to increase from $17.26 billion in 2024 to $20.72 billion in 2025, with a compound annual growth rate (CAGR) of 20.0%. Increasing numbers of interconnected devices, specific industry needs, standardization initiatives, integration necessities, and the growth of cloud computing usage can be credited for this historical growth.

IoT Middleware Market Size Forecast: What's the Projected Valuation by 2029?
In the subsequent years, the IoT middleware market's size is projected to experience a brisk expansion. The market is set to escalate to $39.69 billion by 2029, with a compound annual growth rate (CAGR) of 17.6%. Factors contributing to the expected growth in the forecasted period include the changing expectations of customers, affordable solutions, standardization measures, integration with the cloud, and industry-centric solutions. Prominent trends anticipated during this time frame encompass remote work and connectivity, cost effectiveness, mixed deployment patterns, needs for immediate analytics, as well as interoperability and standards.

View the full report here:
https://www.thebusinessresearchcompany.com/report/iot-middleware-global-market-report

What Are the Drivers Transforming the IoT Middleware Market?
The anticipated growth of the IoT middleware market is linked to the increase in high-speed network connectivity. This type of connectivity is furnished by a server network that uses high-speed cables, satellite links, and wireless connections to transfer data, thereby offering a significantly faster speed than traditional analog dial-up services. The expanding connectivity of different devices and their need to execute complex functions is driving the demand for high-speed network connections. To meet this demand, efficient solutions and IoT middleware are needed to enhance device connectivity and enable quicker operations. For example, Ookla, a US-based web service offering free evaluations of internet performance metrics, reported in January 2023 that fixed broadband speeds had increased by at least 28% and mobile speeds had enhanced by nearly 17% from November 2021 to November 2022. Hence, this upsurge in high-speed network connectivity will push IoT middleware market expansion.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8472&type=smp

What Long-Term Trends Will Define the Future of the IoT Middleware Market?
Big players in the IoT middleware market are forming strategic alliances to broaden their market presence. A strategic partnership is characterized by companies utilizing each other's capabilities and assets to reap mutual benefits and achieve success. For instance, in October 2023, Milesight, a firm based in China specializing in pioneering sensing products and solutions, collaborated with Asteria Corporation, an enterprise software firm based in Japan, with the purpose of making the implementation of Internet of Things (IoT) solutions easier across multiple industries. This partnership saw integration of Milesight's LoRaWAN gateways and sensors with Asteria's Gravio - a Node Computing Platform. As a result, it allowed users to develop business processes using IoT data gathered from Milesight sensors, both from edge locations and the cloud. With the merging of their technologies, both corporations aim to expedite global digital transformation and assist organizations in capitalizing on local data. Ultimately, this initiative is set to boost the acceptance of IoT solutions in various sectors.

Which Segments in the IoT Middleware Market Offer the Most Profit Potential?
The IoT middleware market covered in this report is segmented -

1) By Platform Type: Device Management, Application Management, Connectivity Management
2) By Organization Size: Small And Medium-Sized Enterprises, Large Enterprises
3) By Vertical: Manufacturing, Government And Defense, Automotive And Transportation, Energy And Utilities, Healthcare, Retail, BFSI (Banking, Financial Services, And Insurance), Other Verticals

Subsegments:
1) By Device Management: Device Provisioning, Device Configuration, Device Monitoring, Firmware Over-The-Air (FOTA) Updates
2) By Application Management: Application Development Platforms, Application Integration Services, Analytics And Reporting Tools
3) By Connectivity Management: Network Connectivity Solutions, Data Routing And Processing, Network Monitoring And Optimization

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8472&type=smp

Which Firms Dominate the IoT Middleware Market by Market Share and Revenue in 2025?
Major companies operating in the IoT middleware market are Microsoft Corporation, International Business Machines Corporation, SAP SE, Cisco Systems Inc., Google LLC, Hitachi Ltd., Oracle Corporation, General Electric Company, Schneider Electric SE, ClearBlade Inc., PTC Inc., Robert Bosch GmbH, Siemens AG, ABB Ltd., AVEVA Group PLC, Alitzon Inc., Eurotech S.p.A., Fujitsu Ltd., Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., Intel Corporation, Litmus Automation Inc., Mocana Corporation, Nebbiolo Technologies Inc., Nokia Corporation, Particle Industries Inc., Progress Software Corporation, ThingWorx Inc., Wind River Systems Inc., KaaIoT Technologies LLC

Which Regions Offer the Highest Growth Potential in the IoT Middleware Market?
North America was the largest region in the IoT middleware market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT middleware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8472

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.