Market Overview:
The global internet of things (IoT) platforms market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for IoT platforms from various industries such as consumer, business, and industrial. In addition, the growing demand for connected devices and rising adoption of cloud-based solutions are also contributing to the growth of this market. The global internet of things (IoT) platforms market is segmented on the basis of type, application, and region. On the basis of type, it is divided into consumer IoT platform and business IoT platform. Consumer IoT platform dominates this market owing to its growing demand from various end-user industries such as home automation, wearable technology, smart city etc.
 Platforms Industry Outlook.svg)
Product Definition:
An IoT platform is a system that enables the connection of devices, data, and people. It collects data from various endpoints and provides a way to manage and process it in order to create value for businesses or other organizations. IoT platforms are important because they provide the backbone for connecting devices, managing data flows, and enabling analytics. They can help businesses unlock new sources of revenue, optimize operations, create efficiencies in their supply chains, improve customer service experiences, and more.
Consumer IoT:
Consumer IoT is the segment of internet of things which includes devices such as smartwatches, fitness trackers, smart glasses and other wearable devices that are used by consumers for carrying out various tasks. The growth factor in this market is increasing adoption rate among consumer due to its many benefits such as tracking health vitals and also helps in improving quality of life. It also helps in reducing healthcare costs by making diagnosis easier at a low cost with better accuracy & faster results.
Business IoT:
Business IoT is the part of technology that enables connectivity between business machines and other devices with an aim to transfer data in real-time. It helps organizations to track their assets, optimize operational efficiency, and improve customer experience. The major functions of Business IoT include predictive maintenance, remote diagnostics & repair, asset tracking & management (ATM), mobile workforce management (MWM), field force automation (FFA) among others.
Application Insights:
The global internet of things platforms market has been classified into seven segments based on applications, namely home automation, wearable technology, smart city/community/public safety and infrastructure monitoring, connected transportation, healthcare and others. The connected transportation segment is expected to witness the highest growth over the forecast period owing to increasing demand for real-time information regarding a vehicle¢â‚¬â„¢s health and status.
The smart city application is projected to gain traction over the forecast period as cities across the globe attempt to adopt innovative technologies such as big data analytics in order to improve services offered by them. These initiatives are anticipated to drive consumer interest in IoT platforms that offer solutions relatedto urban planning along with additional features such as energy management systems using solar panels or wind turbines installed on private buildings or public buildings.
Regional Analysis:
The North American region is anticipated to lead the global market in terms of revenue share. The growth can be attributed to the presence of a large number of technology companies, such as Cisco Systems, Inc., Google LLC, and Qualcomm Inc. Moreover, increasing investments by these companies in IoT-based solutions will drive regional growth over the forecast period.
However, Asia Pacific is expected to emerge as the fastest-growing region with a CAGR exceeding 40%. The growing adoption rate of IoT technologies owing to its benefits and low cost compared to other advanced systems will drive regional growth over the forecast period.
Growth Factors:
- Increasing demand for data-driven decision making across industries
- Proliferation of low-cost sensors and connected devices
- Growing demand for real-time insights and actionable intelligence
- Emergence of new business models and revenue streams enabled by IoT platforms
- Rapid advancements in artificial intelligence (AI) and machine learning
Scope Of The Report
Report Attributes
Report Details
Report Title
Internet of Things (IoT) Platforms Market Research Report
By Type
Consumer IoT, Business IoT
By Application
Home Automation, Wearable Technology, Smart City, Industrial Automation, Connected Transportation, Healthcare, Others
By Companies
PTC (ThingWorx), Cisco (Jasper), Microsoft, Google, IBM, Intel, SAP, Oracle, Amazon, Telit, General Electric, Gemalto, Zebra Technologies, ATandT, Xively (LogMeIn), Aeris, Exosite, Particle, Ayla Networks, relayr, Bosch Software Innovations, Teezle
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Internet of Things (IoT) Platforms Market Report Segments:
The global Internet of Things (IoT) Platforms market is segmented on the basis of:
Types
Consumer IoT, Business IoT
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
Home Automation, Wearable Technology, Smart City, Industrial Automation, Connected Transportation, Healthcare, Others
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:
- PTC (ThingWorx)
- Cisco (Jasper)
- Microsoft
- Google
- IBM
- Intel
- SAP
- Oracle
- Amazon
- Telit
- General Electric
- Gemalto
- Zebra Technologies
- ATandT
- Xively (LogMeIn)
- Aeris
- Exosite
- Particle
- Ayla Networks
- relayr
- Bosch Software Innovations
- Teezle
 Platforms Market Overview.svg)
Highlights of The Internet of Things (IoT) Platforms 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:
- Consumer IoT
- Business IoT
- By Application:
- Home Automation
- Wearable Technology
- Smart City
- Industrial Automation
- Connected Transportation
- Healthcare
- Others
- 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 Internet of Things (IoT) Platforms 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Platforms Market Statistics.svg)
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?
An IoT platforms is a software development platform that enables developers to create and deploy applications that connect devices and sensors across networks. IoT platforms provide an environment for managing these devices, connecting them to the internet, and providing services on top of them. They also allow developers to build custom applications that can interact with these devices in ways not possible with traditional computing systems.
Some of the major players in the internet of things (iot) platforms market are PTC (ThingWorx), Cisco (Jasper), Microsoft, Google, IBM, Intel, SAP, Oracle, Amazon, Telit, General Electric, Gemalto, Zebra Technologies, ATandT, Xively (LogMeIn), Aeris, Exosite, Particle, Ayla Networks, relayr, Bosch Software Innovations, Teezle.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms Market Size & Forecast, 2018-2028
4.5.1 Internet of Things (IoT) Platforms Market Size and Y-o-Y Growth
4.5.2 Internet of Things (IoT) Platforms Market Absolute $ Opportunity
Chapter 5 Global Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms Market Size Forecast by Type
5.2.1 Consumer IoT
5.2.2 Business IoT
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms Market Size Forecast by Applications
6.2.1 Home Automation
6.2.2 Wearable Technology
6.2.3 Smart City
6.2.4 Industrial Automation
6.2.5 Connected Transportation
6.2.6 Healthcare
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms Analysis and Forecast
9.1 Introduction
9.2 North America Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms Market Size Forecast by Type
9.6.1 Consumer IoT
9.6.2 Business IoT
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 Internet of Things (IoT) Platforms Market Size Forecast by Applications
9.10.1 Home Automation
9.10.2 Wearable Technology
9.10.3 Smart City
9.10.4 Industrial Automation
9.10.5 Connected Transportation
9.10.6 Healthcare
9.10.7 Others
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 Internet of Things (IoT) Platforms Analysis and Forecast
10.1 Introduction
10.2 Europe Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms Market Size Forecast by Type
10.6.1 Consumer IoT
10.6.2 Business IoT
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 Internet of Things (IoT) Platforms Market Size Forecast by Applications
10.10.1 Home Automation
10.10.2 Wearable Technology
10.10.3 Smart City
10.10.4 Industrial Automation
10.10.5 Connected Transportation
10.10.6 Healthcare
10.10.7 Others
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 Internet of Things (IoT) Platforms Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms Market Size Forecast by Type
11.6.1 Consumer IoT
11.6.2 Business IoT
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 Internet of Things (IoT) Platforms Market Size Forecast by Applications
11.10.1 Home Automation
11.10.2 Wearable Technology
11.10.3 Smart City
11.10.4 Industrial Automation
11.10.5 Connected Transportation
11.10.6 Healthcare
11.10.7 Others
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 Internet of Things (IoT) Platforms Analysis and Forecast
12.1 Introduction
12.2 Latin America Internet of Things (IoT) Platforms 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 Internet of Things (IoT) Platforms Market Size Forecast by Type
12.6.1 Consumer IoT
12.6.2 Business IoT
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 Internet of Things (IoT) Platforms Market Size Forecast by Applications
12.10.1 Home Automation
12.10.2 Wearable Technology
12.10.3 Smart City
12.10.4 Industrial Automation
12.10.5 Connected Transportation
12.10.6 Healthcare
12.10.7 Others
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) Internet of Things (IoT) Platforms Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Internet of Things (IoT) Platforms 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) Internet of Things (IoT) Platforms Market Size Forecast by Type
13.6.1 Consumer IoT
13.6.2 Business IoT
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) Internet of Things (IoT) Platforms Market Size Forecast by Applications
13.10.1 Home Automation
13.10.2 Wearable Technology
13.10.3 Smart City
13.10.4 Industrial Automation
13.10.5 Connected Transportation
13.10.6 Healthcare
13.10.7 Others
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 Internet of Things (IoT) Platforms Market: Competitive Dashboard
14.2 Global Internet of Things (IoT) Platforms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PTC (ThingWorx)
14.3.2 Cisco (Jasper)
14.3.3 Microsoft
14.3.4 Google
14.3.5 IBM
14.3.6 Intel
14.3.7 SAP
14.3.8 Oracle
14.3.9 Amazon
14.3.10 Telit
14.3.11 General Electric
14.3.12 Gemalto
14.3.13 Zebra Technologies
14.3.14 ATandT
14.3.15 Xively (LogMeIn)
14.3.16 Aeris
14.3.17 Exosite
14.3.18 Particle
14.3.19 Ayla Networks
14.3.20 relayr
14.3.21 Bosch Software Innovations
14.3.22 Teezle
