IoT Platform Market Growth, Analysis, Industry Trends, Forecast 2029


Posted March 21, 2024 by NilamMMR

North America region holds the highest share in 2022
 
"IoT Platform Market Outlook: Maximize Market Research Pvt Ltd's Analysis and Projections"

Anticipated Growth in Revenue:

The IoT Platform Market was valued at US$ 8.142 Bn. in 2022 and is expected to reach US$ 18.92 Bn. by 2029, at a CAGR of 12.8% during a forecast period.

IoT Platform Market Report Overview

The report provides an analysis of both the current and future conditions in the IoT Platform market, delivering valuable insights and the latest information across essential segments. Within the context of the IoT Platform market, the study covers crucial research areas like revenue generation, sales, and overall income. In order to offer a thorough evaluation, the report presents two distinct scenarios that encompass the entire range of the IoT Platform market, including the projected IoT Platform sales during the forecast period.

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IoT Platform Market Report Scope and Research Methodology

The primary goal of the IoT Platform market report is to offer a comprehensive analysis using clear and straightforward language. The study encompasses all the prominent companies and key aspects within the IoT Platform market, evaluating various measures like volume, share, growth, and strategies. This research not only assists established businesses in refining their operational plans but also provides future entrants with strategic recommendations. MMR's research undertakes a thorough exploration of the IoT Platform market, highlighting the foremost global companies based on metrics such as volume, share, strategies, and growth. The report further supplies strategies applicable to both existing industry participants and prospective IoT Platform market entrants. Moreover, the global report for the IoT Platform market presents a meticulous breakdown of regional share distribution, accompanied by an examination of growth drivers in those specific regions.

platform segment with the quickest growth :

In 2022, the device management sector had the biggest market share based on platform. Platforms fuel the IoT cloud platform market. All IoT and cloud operations-related tasks, such as gathering data from IoT-enabled devices and storing and analysing that data to gain real-time insights, depend on the platform. The main factor driving the market's platform sector ahead is the growing number of IoT devices across a range of application sectors.

IoT Platform Market Segmentation

by platform

Device Management
Connectivity Management
Application Enablement

by Service

Professional Services
Training and Consulting
Integration and Deployment
Support and Maintenance
Managed Services

by Deployment

Public Cloud
Private Cloud
Hybrid

by Application

Building and Home Automation
Smart Manufacturing
Smart Transportation
Connected Healthcare
Smart Retail
Smart Grid and Utilities
Others

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IoT Platform Market Key Players

1. Arrayent
2. Autodesk
3. AWS
4. Bosch
5. Cisco
6. C3 IoT
7. General Electric
8. Device Insight
9. Electric Imp
10. EVERYTHNG
11. Microsoft
12. Exosite
13. Huawei
14. IBM Corporation
15. SAP
16. Siemens
17. Ericsson
18. Hitachi
19. PTC
20. Relayr
21. Samsung Electronics
22. Telit
23. Sierra Wireless

Regional Revelations

The IoT Platform research details the market area, which is further broken into sub-regions and countries. This section of the report contains information on profit forecasts as well as market share in each country. This part of the study discusses each region's, country's, and sub-market region's share and growth rate over the estimated time.

The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, Asia Pacific, Middle East, and Africa, and South America after evaluating political, economic, social, and technical factors affecting the IoT Platform market in these regions.

Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segments and their sub-segments
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Issued By MMR
Country India
Categories Technology , Telecom
Tags iot platform market trend , iot platform market size , iot platform market share , iot platform market growth , iot platform market outlook , iot platform market demand
Last Updated March 21, 2024