Internet of things Press Release

IoT platforms market worth 6110 million USD according to new research report

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:

    Consumer IoT

    Business IoT


Segmentation by application:

    Home Automation

    Wearable Technology

    Smart City

    Industrial Automation

    Connected Transportation

    Healthcare

    Others

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We can also provide the customized separate regional or country-level reports, for the following regions:
    Americas

        United States

        Canada

        Mexico

        Brazil

    APAC

        China

        Japan

        Korea

        Southeast Asia

        India

        Australia

    Europe

        Germany

        France

        UK

        Italy

        Russia

        Spain

    Middle East & Africa

        Egypt

        South Africa

        Israel

        Turkey

        GCC Countries


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:

    PTC (ThingWorx)

    Cisco (Jasper)

    Microsoft

    Google

    IBM

    Intel

    SAP

    Oracle

    Amazon 

    Telit

    General Electric

    Gemalto

    Zebra Technologies

    AT&T

    Xively (LogMeIn)

    Aeris

    Exosite

    Particle

    Ayla Networks

    relayr

    Bosch Software Innovations

    Teezle

Table of Contents – Snapshot
1 Scope of the Report
2 Executive Summary
3 Global IoT Platforms by Players
4 IoT Platforms by Regions
5 Americas
6 APAC
7 Europe
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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