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Connected Device Management Platform Market: Worldwide Industry Analysis and New Market Opportunities Explored
https://www.transparencymarketresearch.com/connected-device-management-platform.html
The growing use of cloud based technology, Big Data and analytics has stimulated the demand for these platforms. Applications developed in CDM platforms capable enough to process raw data into usable information. Additionally, CDM platforms provide insulation against direct device connection which may affect the internal architecture. Owing to this, the dependency on the CDM platforms has increased significantly.
However, network compatibility issues, ecosystem complexity and adequate advancement in technology posses a key challenge for this market. CDM platforms offers M2M providers to add value and earn margins by selling embedded hardware and applications enablement . CDM platform are used in various industries including transportation and logistics, retail, water and wastewater, oil and gas, industrial machinery, healthcare, energy, consumer, automotive and building automation.
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North America is dominating the market followed closely by Europe. The growth is attributed to the technological advancements in communication and network infrastructure. Asia-Pacific is expected to observe a significant growth in the near future. The growth is attributed to the strong IT infrastructure and deep penetration of telecommunication networks.
Some of the key players operating in CDM platforms market include Axeda Corp., ILS Technologies LLC, ThingWorx Inc., Sierra Wireless Inc., Raco Wireless LLC, Wind River Systems Inc., Jasper Wireless Inc., Comarch S.A., Qualcomm Inc., SensorLogic Inc., Echelon Corp., Ziphany LLC, Tridium Inc., Augusta Systems Inc., Palantiri Systems Inc., Crossbow Technology Inc., nPhase LLC, Wyless Inc., Feeney Wireless LLC, Kore Telematics Inc. and Numerex Corp. among others.
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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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