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Detailed examination of the IoT platforms market analysis & forecast to 2022

Detailed examination of the IoT platforms market analysis & forecast to 2022

In this report, the global IoT Platforms market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2017 and 2022.

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IOT Platform is a medium between the applications and services which are connected with the real world. Growing industry and global market of IOT has generated a huge amount of revenue for the companies which are operating in this segment and every service or system which is being connected with IOT needs to have a stable and secure platform.

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IOT Platform is an option to the companies to get connected with the source of knowledge without having any difficulty. Growing the size of Database and the need of access to the right data in the fraction of time is possible with IOT.

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Global IOT Platform Market has been growing rapidly and this market is seeing tremendous opportunities in the upcoming future as the size of the data is increasing continuously. This market is expected to grow at CAGR of ~33% and will rise to the market size of US ~$1799 million by the end of forecast period.

Key Players: 

The prominent players in the market of IOT Platform are- PTC (U.S.), Amazon (U.S.), Microsoft (U.S.), Google (U.S.), Davra Networks (Ireland), Cisco Systems, Inc. (U.S.), SAP SE (Germany), General Electric (U.S.), AT&T (U.S.), Huawei Technologies Co. Ltd. (U.S.), IBM (U.S.), Wipro (U.S.) among others.

Segments:

Global IOT Platform market has been segmented on the basis of platform, deployment, application and end users. The IOT platform has been identified as- Connectivity, Infrastructure as a Service and Software Platform.

Deployment consist on cloud, on premise and hybrid whereas the application has been identified as Device Management, Database Management, Processing, and Analytics among others. The End Users has been identified as- Manufacturing, BFSI, Smart Cities & Homes, Telecommunication, IT among others.

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Regional Analysis:

North America is dominating the market of IOT Platform due to the presence of the global players in this region as well as high technological advancement. North America is expected to dominate the market throughout the forecast period whereas Asia-Pacific has emerged as fastest growing market and expected to be the second biggest market by the end of forecast period.

Currently Europe holds second position in the market but expected to be dominated by Asia-Pacific by the end of forecast period.  

Global IoT Platforms Market: Regional Segment Analysis
North America
Europe
China
Japan
Southeast Asia
IndiaThe Major players reported in the market include:
Amazon Web Services
Autodesk SeeControl
BlackBerry
Bosch Software Innovations
Bright Wolf
C3 IoT
Carriots
Concirrus
Connio
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