IoT Platforms Market Report provides complete industry outlook, market share, size, growth, opportunities and forecast 2023. The report along with the industry analysis gives a detailed account of top manufacturers and producers of the industry.
An IoT platform means cloud-based and on premise software packages and related services that enable and support sophisticated IoT services. Speak specifically, An IoT platform combines several software functions into one solution to enable companies to develop and deploy Internet of Things solutions faster, better and cheaper.
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PTC (ThingWorx), Cisco (Jasper) and Microsoft captured the top three revenue share spots in the IoT Platforms market in 2016. PTC (ThingWorx) dominated with 7.92% revenue share, followed by Cisco (Jasper) with 7.44% revenue share and Microsoft with 4.77% revenue share.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, increasingly complex IoT solutions require more advanced communication platforms and middleware that facilitate seamless integration of devices, networks and applications.
There is a wide range of software platforms developed for the purpose of supporting and enabling IoT solutions. The intention is to enable rapid development and lower costs by offering standardised components that can be shared across multiple solutions in many industry verticals, in future still more new investment will enter into the field.
Technology and cost are two major problems.
Over the next five years, IoT Platforms will register a 28.8% CAGR in terms of revenue, reach US$ 6110 million by 2023, from US$ 1340 million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of IoT Platforms market by product type, application, key companies and key regions.
Segmentation by product type:
Segmentation by application:
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We can also provide the customized separate regional or country-level reports, for the following regions:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Bosch Software Innovations
Table of Contents – Snapshot
1 Scope of the Report
2 Executive Summary
3 Global IoT Platforms by Players
4 IoT Platforms by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global IoT Platforms Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
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