Market Overview:
The global cloud platforms for IoT market is expected to grow from USD 9.02 billion in 2018 to USD 38.81 billion by 2030, at a CAGR of 23.5% during the forecast period. The growth of this market can be attributed to the increasing demand for cloud-based services and growing number of connected devices across different industries. Device management is expected to hold the largest share of the global cloud platforms for IoT market in 2018, owing to the need for centralized device management and control across different industry verticals. The connectivity management segment is projected to grow at a higher CAGR during the forecast period, as there is an increasing demand for reliable and secure connectivity solutions among various industry verticals.
Product Definition:
Cloud platforms are used to manage and process data from Internet of Things sensors and devices. They provide the necessary infrastructure, tools, and services to store, analyze, and act on data collected from IoT devices. Cloud platforms allow businesses to quickly deploy large-scale IoT applications and reduce the cost and complexity of managing an on-premises infrastructure.
Device Management:
The global device management, usage and growth factor in the IoT market is expected to increase over the forecast period. Device management solutions are gaining popularity among enterprises owing to several benefits such as reduced cost of ownership, ease of use and security. The increasing need for remote monitoring and control of devices has led to a surge in demand for these solutions across various verticals including manufacturing, oil & gas, aerospace & defense among others.
Connectivity Management:
The global connectivity management and it's usage in cloud platforms for internet of things market size was valued at USD 6.02 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period.
Application Insights:
The smart home segment dominated the global cloud platforms for IoT market in terms of revenue share in 2017. The growth can be attributed to increasing demand from end users for connected homes. Furthermore, rising adoption of smart devices and growing interest among manufacturers to provide a seamless experience to their customers are some of the factors driving the growth. For instance, Samsung has announced plans to integrate with third-party services such as Amazon Echo and Google Home by way of voice command functionality built-in refrigerators, washing machines and other appliances.
The wearables segment is expected register significant growth over the forecast period owing to increasing demand from consumers for health monitoring applications on their mobile phones or tablets using wearable devices such as fitness bands and heart rate monitors developed specifically for this purpose. Moreover, companies are focusing on developing new products that will enable consumers with real-time data regarding their health conditions through remote medical monitoring systems which also fuels market growth over the forecast period.
Regional Analysis:
The North American region dominated the global market in 2017. The growth of the regional market can be attributed to several factors such as increasing adoption of smart devices, growing IoT-based applications, and rising demand for connected cars. Moreover, various government initiatives are also expected to drive the regional demand over the forecast period. For instance, in October 2016; The National Highway Traffic Safety Administration (NHTSA), a traffic regulation body in U.S.
However, Asia Pacific is anticipated to emerge as a lucrative region with significant growth opportunities for cloud platforms providers due high penetration of internet users and smartphones coupled with rapid technological advancements especially in China.
Growth Factors:
- Increased demand for data-driven decision making across industries
- Growing number of connected devices and sensors
- Proliferation of low-cost, high-performance cloud platforms and services
- Emergence of new business models and applications enabled by IoT
- Rapid advancements in artificial intelligence (AI) and machine learning
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Platforms for Internet of Things (IoT) Market Research Report
By Type
Device Management, Connectivity Management, Application Enablement
By Application
Smart Home, Wearable, Wisdom City, Industrial Automation & Manufacturing, Interconnected Transportation & Logistics, Health Care, Wisdom and Retail, Wisdom Agriculture, Smart Energy and Security, Other
By Companies
Microsoft, Google, IBM, AWS (Amazon), Cisco, Salesforce, PTC, Oracle, Thingspeak, GE Predix, Thingstream, EMnify, Xively, Carriots, SAP, Amazon, Intel Corporation, Aeris, Fujitsu, Exosite, Bosch Software Innovations, Ayla Networks, Telit, Teezle, Particle, Zebra Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Platforms for Internet of Things (IoT) Market Report Segments:
The global Cloud Platforms for Internet of Things (IoT) market is segmented on the basis of:
Types
Device Management, Connectivity Management, Application Enablement
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smart Home, Wearable, Wisdom City, Industrial Automation & Manufacturing, Interconnected Transportation & Logistics, Health Care, Wisdom and Retail, Wisdom Agriculture, Smart Energy and Security, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Microsoft
- IBM
- AWS (Amazon)
- Cisco
- Salesforce
- PTC
- Oracle
- Thingspeak
- GE Predix
- Thingstream
- EMnify
- Xively
- Carriots
- SAP
- Amazon
- Intel Corporation
- Aeris
- Fujitsu
- Exosite
- Bosch Software Innovations
- Ayla Networks
- Telit
- Teezle
- Particle
- Zebra Technologies
Highlights of The Cloud Platforms for Internet of Things (IoT) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Device Management
- Connectivity Management
- Application Enablement
- By Application:
- Smart Home
- Wearable
- Wisdom City
- Industrial Automation & Manufacturing
- Interconnected Transportation & Logistics
- Health Care
- Wisdom and Retail
- Wisdom Agriculture
- Smart Energy and Security
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Platforms for Internet of Things (IoT) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud platforms are a type of software platform that allow developers to build, deploy, and manage applications using the cloud. Cloud platforms can be used to create applications for the Internet of Things (IoT).
Some of the key players operating in the cloud platforms for internet of things (iot) market are Microsoft, Google, IBM, AWS (Amazon), Cisco, Salesforce, PTC, Oracle, Thingspeak, GE Predix, Thingstream, EMnify, Xively, Carriots, SAP, Amazon, Intel Corporation, Aeris, Fujitsu, Exosite, Bosch Software Innovations, Ayla Networks, Telit, Teezle, Particle, Zebra Technologies.
The cloud platforms for internet of things (iot) market is expected to register a CAGR of 23.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Platforms for Internet of Things (IoT) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cloud Platforms for Internet of Things (IoT) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cloud Platforms for Internet of Things (IoT) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cloud Platforms for Internet of Things (IoT) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cloud Platforms for Internet of Things (IoT) Market Size & Forecast, 2018-2028 4.5.1 Cloud Platforms for Internet of Things (IoT) Market Size and Y-o-Y Growth 4.5.2 Cloud Platforms for Internet of Things (IoT) Market Absolute $ Opportunity
Chapter 5 Global Cloud Platforms for Internet of Things (IoT) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Type
5.2.1 Device Management
5.2.2 Connectivity Management
5.2.3 Application Enablement
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cloud Platforms for Internet of Things (IoT) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Applications
6.2.1 Smart Home
6.2.2 Wearable
6.2.3 Wisdom City
6.2.4 Industrial Automation & Manufacturing
6.2.5 Interconnected Transportation & Logistics
6.2.6 Health Care
6.2.7 Wisdom and Retail
6.2.8 Wisdom Agriculture
6.2.9 Smart Energy and Security
6.2.10 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Platforms for Internet of Things (IoT) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cloud Platforms for Internet of Things (IoT) Analysis and Forecast
9.1 Introduction
9.2 North America Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Type
9.6.1 Device Management
9.6.2 Connectivity Management
9.6.3 Application Enablement
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Applications
9.10.1 Smart Home
9.10.2 Wearable
9.10.3 Wisdom City
9.10.4 Industrial Automation & Manufacturing
9.10.5 Interconnected Transportation & Logistics
9.10.6 Health Care
9.10.7 Wisdom and Retail
9.10.8 Wisdom Agriculture
9.10.9 Smart Energy and Security
9.10.10 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cloud Platforms for Internet of Things (IoT) Analysis and Forecast
10.1 Introduction
10.2 Europe Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Type
10.6.1 Device Management
10.6.2 Connectivity Management
10.6.3 Application Enablement
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Applications
10.10.1 Smart Home
10.10.2 Wearable
10.10.3 Wisdom City
10.10.4 Industrial Automation & Manufacturing
10.10.5 Interconnected Transportation & Logistics
10.10.6 Health Care
10.10.7 Wisdom and Retail
10.10.8 Wisdom Agriculture
10.10.9 Smart Energy and Security
10.10.10 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cloud Platforms for Internet of Things (IoT) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Type
11.6.1 Device Management
11.6.2 Connectivity Management
11.6.3 Application Enablement
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Applications
11.10.1 Smart Home
11.10.2 Wearable
11.10.3 Wisdom City
11.10.4 Industrial Automation & Manufacturing
11.10.5 Interconnected Transportation & Logistics
11.10.6 Health Care
11.10.7 Wisdom and Retail
11.10.8 Wisdom Agriculture
11.10.9 Smart Energy and Security
11.10.10 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cloud Platforms for Internet of Things (IoT) Analysis and Forecast
12.1 Introduction
12.2 Latin America Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Type
12.6.1 Device Management
12.6.2 Connectivity Management
12.6.3 Application Enablement
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Applications
12.10.1 Smart Home
12.10.2 Wearable
12.10.3 Wisdom City
12.10.4 Industrial Automation & Manufacturing
12.10.5 Interconnected Transportation & Logistics
12.10.6 Health Care
12.10.7 Wisdom and Retail
12.10.8 Wisdom Agriculture
12.10.9 Smart Energy and Security
12.10.10 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cloud Platforms for Internet of Things (IoT) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Type
13.6.1 Device Management
13.6.2 Connectivity Management
13.6.3 Application Enablement
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cloud Platforms for Internet of Things (IoT) Market Size Forecast by Applications
13.10.1 Smart Home
13.10.2 Wearable
13.10.3 Wisdom City
13.10.4 Industrial Automation & Manufacturing
13.10.5 Interconnected Transportation & Logistics
13.10.6 Health Care
13.10.7 Wisdom and Retail
13.10.8 Wisdom Agriculture
13.10.9 Smart Energy and Security
13.10.10 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud Platforms for Internet of Things (IoT) Market: Competitive Dashboard
14.2 Global Cloud Platforms for Internet of Things (IoT) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft
14.3.2 Google
14.3.3 IBM
14.3.4 AWS (Amazon)
14.3.5 Cisco
14.3.6 Salesforce
14.3.7 PTC
14.3.8 Oracle
14.3.9 Thingspeak
14.3.10 GE Predix
14.3.11 Thingstream
14.3.12 EMnify
14.3.13 Xively
14.3.14 Carriots
14.3.15 SAP
14.3.16 Amazon
14.3.17 Intel Corporation
14.3.18 Aeris
14.3.19 Fujitsu
14.3.20 Exosite
14.3.21 Bosch Software Innovations
14.3.22 Ayla Networks
14.3.23 Telit
14.3.24 Teezle
14.3.25 Particle
14.3.26 Zebra Technologies