Market Overview:
The global IoT software platform 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 software platforms from various industries such as manufacturing, BFSI, smart cities and homes, telecommunication, IT and others. Additionally, the growing trend of digitalization is also fueling the growth of this market. However, lack of awareness about benefits offered by IoT software platforms may restrain the growth of this market to some extent during the forecast period. On basis on type, device management segment is expected to hold major share in global IoT software platform market during forecast period due its ability manage large number devices and data collected from them efficiently.
Product Definition:
An IoT software platform is a comprehensive solution for managing devices and data, as well as developing and deploying applications that run on top of the platform. The importance of an IoT software platform lies in its ability to provide a single interface for managing all aspects of an IoT deployment, from connecting devices to collecting and analyzing data to building applications.
Device Management:
The global device management, usage and growth factor in the IoT software platform market size was valued at USD 2.72 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period.
Analytics:
Analytics is a set of tools and techniques used to gather, analyze, and monitor data. It helps in gaining insights into the behavior of users by tracking various parameters such as demographics, trends, preferences etc. The insights enable companies to make data-driven decisions which help them improve their operations and performance. In addition to this analytics also helps in increasing user engagement on the company’s website or application by providing personalized content based on consumer preference or past purchase history etc.
Application Insights:
The manufacturing sector accounted for the largest revenue share of over 30% in 2017. The growing adoption of connected devices and sensors to improve operational efficiency, safety, and reliability is driving the demand for an IoT software platform in this sector. Moreover, manufacturers are focusing on streamlining their supply chain by adopting cloud-based solutions to reduce costs and increase productivity. These factors are expected to drive the growth over the forecast period.
The BFSI segment is anticipated to register a significant CAGR exceeding 20% from 2018 to 2030 owing to various advantages offered by these platforms such as real-time data collection & monitoring; improved customer experience through advanced security measures; reduced operating costs; etc., which provide substantial benefits leading towards increased penetration across all applications globally.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing adoption of IoT solutions across various industries, such as manufacturing, healthcare & life sciences, and transportation & logistics. Moreover, rising investments by governments in developing countries are anticipated to drive the regional market further. For instance, China has launched initiatives such as “Internet Plus†concept that envisages extensive use of internet-of-things technology for better management of public services and infrastructure facilities among others.
North America accounted for more than 25% revenue share in 2016 owing to early adoption of technologies coupled with high disposable income levels among consumers have driven demand over the years However; slow growth rate observed across several sectors including agriculture.
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 operational efficiencies
- Emergence of cloud-based IoT software platforms 5. Adoption of big data and analytics to drive value from IoT data
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Software Platform Market Research Report
By Type
Device Management, Analytics, Database, Others
By Application
Manufacturing, BFSI, Smart Cities and Homes, Telecommunication, IT, Others
By Companies
Google, IBM, OpenRemote, Particle Industries, PTC, Innovative Routines International, Amazon, Microsoft, Oracle, Cisco Systems, Bosch.IO GmbH, Huawei 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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global IoT Software Platform Market Report Segments:
The global IoT Software Platform market is segmented on the basis of:
Types
Device Management, Analytics, Database, Others
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
Manufacturing, BFSI, Smart Cities and Homes, Telecommunication, IT, 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:
- Google
- IBM
- OpenRemote
- Particle Industries
- PTC
- Innovative Routines International
- Amazon
- Microsoft
- Oracle
- Cisco Systems
- Bosch.IO GmbH
- Huawei Technologies
Highlights of The IoT Software Platform 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
- Analytics
- Database
- Others
- By Application:
- Manufacturing
- BFSI
- Smart Cities and Homes
- Telecommunication
- IT
- 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 IoT Software Platform 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
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?
IoT Software Platform is a comprehensive platform that helps businesses manage their IoT deployments. It provides an easy-to-use interface for managing devices, data, and applications. The platform also includes features to help businesses understand and optimize their IoT deployments.
Some of the key players operating in the iot software platform market are Google, IBM, OpenRemote, Particle Industries, PTC, Innovative Routines International, Amazon, Microsoft, Oracle, Cisco Systems, Bosch.IO GmbH, Huawei Technologies.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IoT Software Platform 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 IoT Software Platform Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IoT Software Platform 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 IoT Software Platform 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 IoT Software Platform Market Size & Forecast, 2018-2028
4.5.1 IoT Software Platform Market Size and Y-o-Y Growth
4.5.2 IoT Software Platform Market Absolute $ Opportunity
Chapter 5 Global IoT Software Platform 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 IoT Software Platform Market Size Forecast by Type
5.2.1 Device Management
5.2.2 Analytics
5.2.3 Database
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IoT Software Platform 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 IoT Software Platform Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 BFSI
6.2.3 Smart Cities and Homes
6.2.4 Telecommunication
6.2.5 IT
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IoT Software Platform 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 IoT Software Platform 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 IoT Software Platform Analysis and Forecast
9.1 Introduction
9.2 North America IoT Software Platform 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 IoT Software Platform Market Size Forecast by Type
9.6.1 Device Management
9.6.2 Analytics
9.6.3 Database
9.6.4 Others
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 IoT Software Platform Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 BFSI
9.10.3 Smart Cities and Homes
9.10.4 Telecommunication
9.10.5 IT
9.10.6 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 IoT Software Platform Analysis and Forecast
10.1 Introduction
10.2 Europe IoT Software Platform 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 IoT Software Platform Market Size Forecast by Type
10.6.1 Device Management
10.6.2 Analytics
10.6.3 Database
10.6.4 Others
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 IoT Software Platform Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 BFSI
10.10.3 Smart Cities and Homes
10.10.4 Telecommunication
10.10.5 IT
10.10.6 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 IoT Software Platform Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IoT Software Platform 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 IoT Software Platform Market Size Forecast by Type
11.6.1 Device Management
11.6.2 Analytics
11.6.3 Database
11.6.4 Others
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 IoT Software Platform Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 BFSI
11.10.3 Smart Cities and Homes
11.10.4 Telecommunication
11.10.5 IT
11.10.6 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 IoT Software Platform Analysis and Forecast
12.1 Introduction
12.2 Latin America IoT Software Platform 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 IoT Software Platform Market Size Forecast by Type
12.6.1 Device Management
12.6.2 Analytics
12.6.3 Database
12.6.4 Others
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 IoT Software Platform Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 BFSI
12.10.3 Smart Cities and Homes
12.10.4 Telecommunication
12.10.5 IT
12.10.6 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) IoT Software Platform Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IoT Software Platform 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) IoT Software Platform Market Size Forecast by Type
13.6.1 Device Management
13.6.2 Analytics
13.6.3 Database
13.6.4 Others
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) IoT Software Platform Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 BFSI
13.10.3 Smart Cities and Homes
13.10.4 Telecommunication
13.10.5 IT
13.10.6 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 IoT Software Platform Market: Competitive Dashboard
14.2 Global IoT Software Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Google
14.3.2 IBM
14.3.3 OpenRemote
14.3.4 Particle Industries
14.3.5 PTC
14.3.6 Innovative Routines International
14.3.7 Amazon
14.3.8 Microsoft
14.3.9 Oracle
14.3.10 Cisco Systems
14.3.11 Bosch.IO GmbH
14.3.12 Huawei Technologies
