Open IoT Platform Market 2018 Global Leaders: Google, General Electric, Oracle, Amazon Web Services, IBM, Microsoft, Samsung, Bosch, Ayla Networks

Market Highlights
In this rapidly changing world of technology, open IoT platform market is projected to show major growth prospects during the forecast period. An IoT platform combines several software functions into one solution to enable companies to develop and deploy IoT solutions faster, better and cheaper.

As compared to other regions, the open IoT platform market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of open IoT platform market. This is owing to the presence of large number of established key players and increasing popularity among the developer community in that region. In addition to this, the region also has a well-established infrastructure and is expected to be a major factor for the growth of open IoT platform market.

The open IoT platform market is growing rapidly over 25% of CAGR and is expected to reach at approx. USD 4.3 Billion by the end of forecast period.

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Market Research Analysis:
The global open IoT platform market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. In the global Open IoT platform market, Asia Pacific is anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the forecast period as compared to other regions. Within Asia Pacific, open IoT platform market is projected to contribute faster to the growth of revenue backed by increasing demand from developers in countries such as Japan, China and India.

Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of open IoT platform market. In Europe, the popularity of open source platforms is increasing among the developers and hence is the major factor driving the growth of open IoT platform market. The presence of advanced infrastructure and with the increasing adoption of open source applications and technological advancements in numerous countries are other factors driving the growth of open IoT platform market.

Open IoT platform market in the South America region is anticipated to witness relatively slower market growth. However, Brazil and Argentina among other countries are projected to witness slow yet steady growth. Open IoT platform market in Middle East and Africa occupies a relatively smaller pie of the global open IoT platform market.

Key Players:
The prominent players in open IoT platform market are – Amazon Web Services (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Samsung Group (South Korea), Bosch (Germany), Ayla Networks (U.S.), Google, Inc. (U.S.), General Electric (U.S.), Oracle (U.S.), among others.

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List Of Figures
Figure 1 Research Type
Figure 2 Open Iot Platform Market, By Component (%)
Figure 3 Open Iot Platform Market, By Deployment (%)
Figure 4 Open Iot Platform Market, By End User (%)
Figure 5 Open Iot Platform Market, By Regions (%)
Figure 6 North America Open Iot Platform Market, By Component (%)
Figure 7 North America Open Iot Platform Market, By Deployment (%)
Figure 8 North America Open Iot Platform Market, By End User (%)
Figure 9 Europe Open Iot Platform Market, By Component (%)
Figure 10 Europe Open Iot Platform Market, By Deployment (%)
Figure 11 Europe Open Iot Platform Market, By End User (%)
Figure 12 Asia-Pacific Open Iot Platform Market, By Component (%)
Figure 13 Asia-Pacific Open Iot Platform Market, By Deployment (%)
Figure 14 Asia-Pacific Open Iot Platform Market, By End User (%)
Figure 15 Rest Of The World Open Iot Platform Market, By Component (%)
Figure 16 Rest Of The World Open Iot Platform Market, By Deployment (%)
Figure 17 Rest Of The World Open Iot Platform Market, By End User (%)

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