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Global IoT Platforms Sales Market Report 2023
SKU ID : QYR-23271057 | Publishing Date : 24-Mar-2023 | No. of pages : 143
An IoT platform means cloud-based and on premise software packages and related services that enable and support sophisticated IoT services. Speak specifically, An IoT platform combines several software functions into one solution to enable companies to develop and deploy Internet of Things solutions faster, better and cheaper.
Market Analysis and Insights: Global IoT Platforms Market
Due to the COVID-19 pandemic, the global IoT Platforms market size is estimated to be worth US$ 4574.3 million in 2022 and is forecast to a readjusted size of US$ 20720 million by 2029 with a CAGR of 23.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Consumer IoT accounting for % of the IoT Platforms global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Smart Home & Wearables segment is altered to an % CAGR throughout this forecast period.
PTC (ThingWorx), Cisco (Jasper) and Microsoft captured the top three revenue share spots in the IoT Platforms market. Cisco (Jasper) dominated with 7% revenue share, followed by PTC (ThingWorx) with 6% revenue share and Microsoft with 4% revenue share.
Global IoT Platforms Scope and Market Size
The global IoT Platforms market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global IoT Platforms market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Consumer IoT
Business IoT
Segment by Application
Smart Home & Wearables
Smart Energy
Smart Security
Manufacturing
Transportation & Logistics
Healthcare
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
PTC (ThingWorx)
Cisco (Jasper)
Microsoft (Azure)
Google
IBM
Intel
SAP
Oracle
Amazon Web Services (AWS)
Telit
General Electric
Zebra Technologies
AT&T
Aeris
Exosite
Particle
Ayla Networks
relayr
Bosch Software Innovations
Teezle
Thales (Cinterion)
Salesforce
IRI
ThingWorx
KaaIoT Technologies
WSO2
GE Digital (Predix Platform)
HPE
Zyter (SmartSpaces)
IOTech
UrsaLeo
Verizon (ThingSpace)
Market Analysis and Insights: Global IoT Platforms Market
Due to the COVID-19 pandemic, the global IoT Platforms market size is estimated to be worth US$ 4574.3 million in 2022 and is forecast to a readjusted size of US$ 20720 million by 2029 with a CAGR of 23.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Consumer IoT accounting for % of the IoT Platforms global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Smart Home & Wearables segment is altered to an % CAGR throughout this forecast period.
PTC (ThingWorx), Cisco (Jasper) and Microsoft captured the top three revenue share spots in the IoT Platforms market. Cisco (Jasper) dominated with 7% revenue share, followed by PTC (ThingWorx) with 6% revenue share and Microsoft with 4% revenue share.
Global IoT Platforms Scope and Market Size
The global IoT Platforms market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global IoT Platforms market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Consumer IoT
Business IoT
Segment by Application
Smart Home & Wearables
Smart Energy
Smart Security
Manufacturing
Transportation & Logistics
Healthcare
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
PTC (ThingWorx)
Cisco (Jasper)
Microsoft (Azure)
IBM
Intel
SAP
Oracle
Amazon Web Services (AWS)
Telit
General Electric
Zebra Technologies
AT&T
Aeris
Exosite
Particle
Ayla Networks
relayr
Bosch Software Innovations
Teezle
Thales (Cinterion)
Salesforce
IRI
ThingWorx
KaaIoT Technologies
WSO2
GE Digital (Predix Platform)
HPE
Zyter (SmartSpaces)
IOTech
UrsaLeo
Verizon (ThingSpace)
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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