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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Global IoT Platform Market, By Platform(Device Management, Connectivity Management, Application Enablement), Service (Professional Services, Training & Consulting, Integration Services, Support & Maintenance, Managed Services), Application (Home Automation, Wearable Technology, Smart City, Industrial Automation, Connected Transportation, Healthcare, Smart Retail, Smart Agriculture, Connected Logistics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Major market drivers and restraints
- Demand for better connectivity
- Growing diversity in IoT standards
- Industrial internet revolution
- Investments in IoT start-ups
- Threat of cyber-attacks reduces market spirit
- Implementation of IoT platform leads to loss of jobs for unskilled employees
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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
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By Geography
North America
- U.S.
- Canada,
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
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
Competitive Landscape
The global IoT platform market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Top Competitors of Market
- 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.
The study objectives of this report are:
- To study and forecast the market size of IoT Platform Market in global market.
- To analyze the global key players, SWOT analysis, value and global market share for top players.
- To define, describe and forecast the market by type, end use and region.
- To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
- To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies
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