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Press Release

Global IoT Platform Market Is Expected to Reach a Valuation of US $10,064.0 Mn by the End of 2025

This press release was orginally distributed by SBWire

Albany, NY -- (SBWIRE) -- 10/06/2017 -- The "IoT Platform Market (Deployment - On-Premise, Cloud; Application - Inventory Management, Human Capital Management, Customer Service, Enterprise Performance Management, Supply Chain Management, Infrastructure Management, Other (Security, Asset Performance Management); Industry Verticals – Retail, Healthcare, BFSI, Oil and Gas, Transportation and Logistics, Manufacturing, Government and Defense, Energy, Other (Education, Hospitality)) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025", report provides analysis of the IoT platform market for the period 2015–2025, wherein the years from 2017 to 2025 is the forecast period and 2016 is considered as the base year. Data for 2015 has been included as historical information. The report covers all the major trends and technologies playing a major role in the IoT Platform market growth over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during this period.

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The study provides a holistic perspective on the market's growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa and South America. Report highlights the key trends affecting the market in each region mentioned above. Furthermore, region wise prominent countries/regions covered in the report includes the following - the U.S, Canada, Germany, France, the U.K., India, China, Japan, Australia, GCC, South Africa, Brazil and Argentina.

Global IoT Platform Market: Drivers and Trends

The market overview section of the report showcases the market dynamics and trends which includes drivers, restraints, opportunities that influence the current nature and future status of this market. It also provides an overview about the key market indicators given across the five geographical regions. Under the porter's five forces analysis section, a brief analysis of the level of competition within the IoT platform industry and business strategy development is provided in order to determine the competitive attractiveness and intensity of the IoT platform market. The report also includes key industry developments covering significant advances made by leading market players.

Global IoT Platform Market: Segmentation

Based on different deployment options, the report segments the IoT Platform market into on-premise and cloud. Though on-premise deployment segment holds the largest market share in 2017, cloud segment is projected to surpass on-premise segment till the end of forecast period by showing significant CAGR. On the basis of application, the market has been divided into inventory management, human capital management, customer service, enterprise performance management, supply chain management, infrastructure management and others. The others segment of IoT platform market consist of security and asset performance management. Supply chain management segment is expected to show the significant CAGR over the forecast period and projected to attribute to the highest revenue for the market in 2025. In terms of industry vertical, the market has been segmented into retail, healthcare, BFSI, oil and gas, transportation and logistics, manufacturing, government and defense, energy and others. The others segment of industry vertical consist of education and hospitality. Growing adoption of IoT sensors and IoT platforms in manufacturing industry because of Industrial IoT (IIOT) initiatives is major contributor to the highest CAGR of 23.2% of manufacturing industry for IoT platform market.

Global IoT Platform Market: Competitive Landscape

The report provides the competitive landscape for the IoT platform market, thereby listing out all the major players according to their geographic presence, market attractiveness and recent key developments. The competitive landscape section of the report gives an overview about the market share of several key players in the market for the year 2016. The IoT platform market data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth. Factors including market position, offerings and R&D focus are attributed to company's capabilities. This section also identifies and includes various recent developments carried out by the leading players. Moreover, key takeaways section provided at the end of competitive landscape section would help the operating companies to make the best move in this market.

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Key Players Mentioned in the Report are:

Microsoft Corporation, Google Inc., PTC Inc., IBM Corporation, Cisco Systems, Inc., SAP SE, Salesforce.com, Inc., Amazon Web Services, Inc., Oracle Corporation and General Electric are few of the key players which have been profiled in this study. Details such as financials, business strategies, SWOT analysis, and other such strategic information pertaining to these players has been duly provided as part of company profiling.

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