The IoT Platforms Market report 2020 is a comprehensive, professional and in-depth research of market that delivers significant data for those who are seeking information for the IoT Platforms industry. The market report delivers the specification, key strategies, future prospect and cost structure of the industry. The report also highlighted the future trends in the IoT Platforms market that will impact the demand during the forecast period.
In 2018, the global IoT Platforms market size was 1340 million US$ and it is expected to reach 9960 million US$ by the end of 2025, with a CAGR of 28.5% during 2019-2025.
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The dominating players in the IoT Platforms market are 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
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. 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.
IoT Platforms market segregation by product type:
The Application can be divided as follows:
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The global Market portal aims to provide reports like these in order to draw the attention of many of the clients wanting to extrapolate some of the vital details of the IoT Platforms market on a global scale. The IoT Platforms market dossier talks about the market segmentation created on the basis of consensus made, product type, key industrial players, competitive landscapes, applications, end-user, topological players, and more. The report presents a demand for individual segments in each region.
Key highlights of IoT Platforms market report include:
- Overview of Key Market Forces Propelling and RestrainingIoT Platforms market growth.
- Up-to-date analyses of Market Trends and Technological Improvements of IoT Platforms market.
- Pin-point analyses of IoT Platforms market competition dynamics to offer you a competitive edge.
- An analysis of Strategies of Major Competitors.
- An array of graphics and SWOT analysis of major IoT Platforms market segments.
- Detailed analyses of IoT Platforms industry trends.
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Furthermore, this study will help to solve the following issues:
- Cyclical dynamics-Report foresees dynamics of industries by using core analytical and unconventional market research approaches.
- Identifying key cannibalizes– Strong substitute of a product or service is that the most prominent threat. Report includes key cannibalizes of a market, by procuring marketing research. This helps in aligning new product development/launch strategies before.
- Spotting emerging trends– Report helps to identify upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by a specific emerging trend.
- Interrelated opportunities–This report will allow making decisions based on data, thereby increasing the chances that the strategies will perform better.
Customization of the Report:
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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