Global IoT Platform Market Analysis By Technological Advancement, Regional Outlook And Forecast to 2025 with healthy CAGR of 27.6% and Market is expected to reach USD 6,010.0 million in 2025

Global IoT Platform Market
Global IoT Platform Market, By Platform, Service, Application, Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Global IoT Platform Market Analysis By Technological Advancement, Regional Outlook And Forecast to 2025 with healthy CAGR of 27.6% and Market is expected to reach USD 6,010.0 million in 2025

Global IoT Platform Market prognosis provides advice to evaluate the future based demand and predicts the exact implementations forecasts. The information gathered was supported by the IoT Platform market analyst that makes the record a helpful resource for analysts, managers, industry experts as well as other to find access and self-analyzed the analysis that helps understand IoT Platform market trends, technological developments, and specifications and market struggles.

Global Market Analysis

The Global IoT Platform Market was valued at USD 1,640.4 million in 2017 and is expected to reach USD 6,010.0 million in 2025, growing at a healthy CAGR of 27.6% for the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Major Key Players

The key players operating in the global IoT platform market are –

  • IBM Corporation
  • Microsoft Corporation
  • Amazon Web Service
  • com, Inc.
  • Samsung
  • Sap SE

The other players in the market are General Electric, Google, Inc., Davra Networks, PTC, Telit Communications PLC, Gemalto, Alcatel-Lucent, Mnubo Inc., Zebra Technologies, AT&T Inc., Carriots, Comarch, Xively, Aeris Communications, Exositez, Ayla Networks, Relayr, Software AG, Bosch Software Innovations, Teezle Telematics India Pvt. Ltd., Ericsson, Sierra Wireless, SORACOM Inc., Wind River, Magneto IT Solutions, and many more.

Recently, in June 2018, SORACOM Inc., a provider of cloud-native platform for the IoT entered into a strategic partnership with Mnubo Inc., a data analytics and Artificial Intelligence (AI) for IoT Company for offering IoT solutions for global enterprises. This association helped IoT companies to have scalable and flexible IoT solution within less time to have actionable business use cases

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Market Segmentation

By Deployment

  • Public
  • Private
  • Hybrid

By Platform

  • Device Management
  • Connectivity Management
  • Application Enablement

Organization Size

  • Small & Medium Enterprise
  • Large Enterprise

By Service

  • Professional Services
  • Training & Consulting
  • Integration Services
  • Support & Maintenance
  • Managed Services

By Application

  • Home Automation
  • Wearable Technology
  • Smart City
  • Industrial Automation
  • Connected Transportation
  • Healthcare
  • Smart Retail
  • Smart Agriculture
  • Connected Logistics

By Geography

    North America

  • U.S.
  • Canada,
  • Mexico

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Turkey
  • Belgium
  • Netherlands
  • Switzerland
  • Rest of Europe

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Asia-Pacific

  • Japan
  • China
  • South Korea
  • India
  • Australia
  • Singapore
  • Thailand
  • Malaysia
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific

South America

  • Brazil
  • Rest of South America

Middle East & Africa

  • South Africa
  • Rest of MEA

Major market drivers and restraints

  • Demand for better connectivity
  • Growing diversity in IoT standards
  • Threat of cyber-attacks reduces market spirit
  • Implementation of IoT platform leads to loss of jobs for unskilled employees
  • Industrial internet revolution
  • Investments in IoT start-ups

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