IoT Cloud Platform Market Trends, Share, Growth, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2029
IoT Cloud Platform Market Overview:
The purpose of this study is to provide a thorough examination of the IoT Cloud Platform Market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the IoT Cloud Platform Market growth. The study also offers a comprehensive analysis of the market's value chain.
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The research method used to assess and anticipate the IoT Cloud Platform Market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the IoT Cloud Platform Market was calculated using the revenue of significant enterprises
The IoT Cloud Platform Market was valued at USD 6.91 billion in 2021, and it is anticipated that between 2022 and 2029, it will increase by 11.9%, to reach around USD 17 billion in total revenue.
By Offering, the IoT Cloud Platform Market is segmented into Platform and Services. The Platform segment is sub-segmented into Device Management, Connectivity Management, and Application Enablement. The platform is essential for managing all IoT and cloud operations-related tasks, such as gathering data from IoT-enabled devices and storing and analyzing that data to produce real-time insights. The growth of the platform segment of the market is primarily driven by the increase in IoT devices across a variety of application sectors.
The major players covered in the IoT Cloud Platform Market report are
• Amazon Web Services, Inc. (US)
• Microsoft (US)
• Google (US)
• Cisco Systems (US)
• IBM (US)
• Oracle (US)
• Salesforce.com (US)
• PTC (US)
• Autodesk (US)
• AT&T (US)
• GE Digital (US)
• Ayla Networks Inc. (US)
• GENERAL ELECTRIC (US)
• KaaIoT Technologies, LLC (US)
• ThingsBoard Authors (US)
• Apple Inc. (US)
• HARMAN International. (US)
• Hewlett Packard Enterprise Development LP (US)
• Intel Corporation (US)
• SAP (Germany)
• Bosch.IO (Germany)
• Siemens (Germany)
• Samsung (South Korea)
• Vodafone Group Plc. (UK)
• Alibaba Cloud (China)
• Telit (Italy)
• Italtel S.p.A (Italy)
• Zoho Corporation (India)
• Happiest Minds (India)
• Thinger.io (Spain)
• Accenture (Ireland)
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on IoT Cloud Platform Market :
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the IoT Cloud Platform Market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the IoT Cloud Platform Market industry, which is driving through the COVID-19 emergency to handle risk digitizing jobs in order to convey trusted data and experiences to the CEOs.
Key Questions Answered in the IoT Cloud Platform Market Report are:
- Which segment grabbed the largest share in the IoT Cloud Platform Market ?
- How was the competitive scenario of the IoT Cloud Platform Market in 2020?
- Which are the key factors responsible for the IoT Cloud Platform Market growth?
- Which region held the maximum share in the IoT Cloud Platform Market in 2020?
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Maximize market research, a global market research firm with a dedicated team of specialists and data, has carried out extensive research about the online event ticketing market. Maximize Market Research is positioned to estimate and forecast the market size with the competitive landscape of the industries. Maximize Market Research has a strong, unified team of industry specialists and analysts across sectors to ensure the entire Industry ecosystem is taken in perspective, factoring all recent development, latest trends, and futuristic the technological impact of uniquely specific industries. In line with the agreed scope and objective of the study, the companys approach is uniquely custom detailed.
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