Global IoT Platform Market was valued at USD 1,640.4 million and is expected to reach USD 6,010.0 million in 2025, with growing at a healthy CAGR of 27.6% forecast by 2025. Key Competitors of Global IoT Platform Market are Amazon Web Services, Samsung Electronics, Sap, GE, Google, Davra, PTC, AT&T, Relayr, Bosch Software Innovations, Ericsson, Sierra Wireless, IBM, Microsoft, Wind River, Axiros, Hewlett Packard Enterprise, Accenture, Apple, Salesforce, Huawei Technologies, Atos and others.
IoT Platform report offers exhaustive Insight of the market scenario and development prospects crosswise over market improvement. The IoT Platform report gives point inclusion of the market scene for this system of activity, furnished with information from numerous sources with complete examination by developmental stage, related signs, route of organization and particle type. The IoT Platform report provides descriptive product profiles including product development, R&D activities encompassing clinical and pre-clinical studies, designations, collaborations, licensing deals, grants, technologies and patent details.
The IoT Platform report assesses the active products by developmental stage, product type, molecule type, and administration route. On the basis of geography, the global market has been segmented into North America, South America, Europe, Middle East Africa and Asia pacific region. The Companies mentioned in the IoT Platform report are represented to offer entire overview of their strategies of growth, finance, product and services as well as recent collaborations and developments.
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This IoT Platform report provides snapshot of the market development for indefinite market volume. It covers activity across the complete product development cycle and discovery stages of the particular product. Additionally, the IoT Platform report provides modify the therapeutic portfolio by identifying the inactive projects and understanding the factors that might have halted their progress.
Key Strategies of Major Competitors
Growing businesses through serving into new application areas and identifying pockets of growth in emerging markets
Focusing on cost effective production of devices with stability and robustness
Strategies for Product differentiation and adjusting to the life cycle changes
Enhance productivity and optimizing back end manufacturing processes
Product enhancement through integrating new strategies involving big data, advanced analytics into traditional manufacturing processes
Strengthening collaboration with suppliers and distributors
More focused strategies are found in the report
Market Segmentation: Global IoT Platform Market
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
Industry Recent Developments
The IoT platforms provide middleware to connect, manage devices and integrate collected data into various applications and services.
In June 2018, SORACOM Inc., a provider of cloud-native platform for the IoT entered into a strategic partnership with Mnubo Inc., a data analytics and Artificial Intelligence (AI) for IoT Company for offering IoT solutions for global enterprises.
Google acquired Xively Internet of Things (IoT) platform of LogMeIn, Inc. which aimed at provides Google Cloud with established IoT platform.
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Key Data Points Covered in the Report
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.
Compilation of authentic and first-hand intelligence, insights offered in the report is based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report
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