IoT Cloud Platform Market Size, Share, Analysis, Industry Demand and Forecasts Report To 2022
According to Stratistics
MRC,the Global IoT Cloud Platform Market is accounted for $1.98 billion in 2016
and expected to grow at a CAGR of 32.1% to reach $13.96 billion by 2023.
Factors such as are low-cost wireless connectivity, growth in automotive sector
& utilities, increasing demand for system integrators, data driven smart
cities, evolution of high-speed networking technologies and increasing adoption
of connected and intelligent devices are driving the market growth. However,
shortage of IoT technology skills, lack of data management and interoperability
and dearth of data security and privacy are hampering the market growth.
Based on Application, in
Smart City, solutions contain wide variety of sensors and data sources. These
include temperature, humidity, noise, gas, and motion sensors, cameras, mobile
devices, network sniffers, smart meters, water meters and other devices that
collectively monitor and optimize city operations while enhancing services. The
smart waste collection technology sector is still in an early phase, but Smart
Bins have now started to be used for waste collecting.
North America is expected to dominate the market share during the forecast period owing to increased investment and early adoption of technology by several industries. Asia Pacific is anticipated to grow at the highest CAGR which can be attributed to the rise in manufacturing automation and retail establishments.
Some of the key players in Global IoT Cloud Platform market are International Business Machine Corporation, Mircosoft Corporation, Oracle Corporation, SAP SE, Amazon Web Services, Inc, Google Inc, Salesforce.Com, PTC, AT&T, Cisco Systems Inc., Samsung Electronics Co. Ltd and General Electric Company.
Services Covered:
• Managed Services
• Professional Services
North America is expected to dominate the market share during the forecast period owing to increased investment and early adoption of technology by several industries. Asia Pacific is anticipated to grow at the highest CAGR which can be attributed to the rise in manufacturing automation and retail establishments.
Some of the key players in Global IoT Cloud Platform market are International Business Machine Corporation, Mircosoft Corporation, Oracle Corporation, SAP SE, Amazon Web Services, Inc, Google Inc, Salesforce.Com, PTC, AT&T, Cisco Systems Inc., Samsung Electronics Co. Ltd and General Electric Company.
Services Covered:
• Managed Services
• Professional Services
Full report with Table of
Content: https://marketreportscenter.com/reports/571522/iot-cloud-platform-global-market-outlook-2017-2023
Deployment Models Covered:
• Public Deployment Model
• Hybrid Deployment Model
• Private Deployment Model
Organizations Covered:
• Large Enterprise
• Small and Medium Businesses
Platforms Covered:
• Application Enablement Platform
• Device Management
• Connectivity Management
Applications Covered:
• Connected Logistics
• Connected Transportation
• Healthcare
• Public Deployment Model
• Hybrid Deployment Model
• Private Deployment Model
Organizations Covered:
• Large Enterprise
• Small and Medium Businesses
Platforms Covered:
• Application Enablement Platform
• Device Management
• Connectivity Management
Applications Covered:
• Connected Logistics
• Connected Transportation
• Healthcare
…
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