IoT Platform Market Growth Factors, Industry Growth, Outlook And Forecast 2030

Published: 2024-05-17
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Author: NilamMMR
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IoT Platform Market Growth Factors, Industry Growth, Outlook And Forecast 2030

"IoT Platform Market: Maximize Market Research Pvt Ltd Report Offers Comprehensive Industry Overview and Future Projections"

Anticipated Growth in Revenue:

The IoT Platform Market was valued at US$ 9.18 Bn. in 2023 and is expected to reach US$ 21.34 Bn. by 2030, at a CAGR of 12.8% during a forecast period.

IoT Platform Market Overview

The objective of this research is to conduct a comprehensive examination of the IoT Platform market, delving into its components, applications, industries, and geographical aspects. It aims to furnish detailed insights into the key drivers shaping the growth trajectory of the IoT Platform sector. Additionally, the study endeavors to offer a meticulous scrutiny of the market's value chain.

IoT Platform Market Scope and Methodology:

The methodology employed to evaluate and predict the trajectory of the IoT Platform market commences with the collection of revenue data from prominent suppliers through secondary research channels. In delineating market segmentation, vendor offerings are duly taken into account. Employing the bottom-up approach, the revenue streams of leading corporations were leveraged to gauge the overall magnitude of the IoT Platform market.

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service segment with the quickest growth :

In 2023, the managed service sector had the biggest market share based on service. Managed services assess the company network, keep an eye on the condition of the infrastructure, and carry out remote repair. The entire business can run more effectively thanks to these services, which offer professional assurance and security. The market for managed services is anticipated to increase as the need to outsource services for IoT cloud platform maintenance becomes more pressing. Managed services lighten the operational burden on IT staff members so they can concentrate more on mission-critical tasks.

IoT Platform Market Segmentation: The Art of Unveilingby Module

by platform

Device Management
Connectivity Management
Application Enablement

by Service

Professional Services
Training and Consulting
Integration and Deployment
Support and Maintenance
Managed Services

by Deployment

Public Cloud
Private Cloud
Hybrid

by Application

Building and Home Automation
Smart Manufacturing
Smart Transportation
Connected Healthcare
Smart Retail
Smart Grid and Utilities
Others

IoT Platform Market Key Players :

1. Arrayent
2. Autodesk
3. AWS
4. Bosch
5. Cisco
6. C3 IoT
7. General Electric
8. Device Insight
9. Electric Imp
10. EVERYTHNG
11. Microsoft
12. Exosite
13. Huawei
14. IBM Corporation
15. SAP
16. Siemens
17. Ericsson
18. Hitachi
19. PTC
20. Relayr
21. Samsung Electronics
22. Telit
23. Sierra Wireless

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IoT Platform Market Regional Insights

The report's regional analysis offers a deep dive into the IoT Platform market across various countries, scrutinizing key factors like political climates, geographical nuances, and consumer purchasing patterns. These variables wield considerable influence over the IoT Platform market dynamics, and the report meticulously elucidates their effects. Furthermore, comprehensive data on market dimensions, growth trajectories, and import-export activities across all regions are incorporated within the report.

Key Questions answered in the IoT Platform Market Report are:

Which segment held the largest IoT Platform market share?
Which segment is expected to grow at a high CAGR during the forecast period?
Who are the key players in the IoT Platform industry?
Which IoT Platform market segment is expected to grow rapidly during the forecast period?
What is the expected IoT Platform market size?
What are the primary factors driving the growth of the IoT Platform market?
Which region has the largest IoT Platform market share?
What is the expected CAGR of the IoT Platform market during the forecast period?

Key Offerings:

Past Market Size and Competitive Landscape
Historical Pricing and price curve by region
Market Size, Share, and Forecast by different segments | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – Detailed analysis by segments with their sub-segments and region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional players
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s Analysis
Value chain and Supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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