The global report on the “Internet of Things (IoT) Cloud Platform Market”, as discussed by Market Research Future (MRFR) analysts, reveals scopes for an expansion up to a valuation of USD 8.67 bn by 2023. The market is slated to benefit from a hike in rate of digitization, inclusion of IoT-supported technologies, automation, rising funds in research and development projects, interests shown by end users, competition in the market, government initiatives, and others. Its cost-effective nature is also expected to bolster the growth.
The large scale integration of IoT technology in the transportation sector is estimated to benefit the Internet of Things (IoT) cloud platform industry. Moreover, the increasing demand for device management is estimated to positively reinforce the expansion of the Internet of Things cloud platform market in the impending period.
Segmentation:
The
global Internet of Things (IoT) cloud platform market has been studied on the
basis of a segmentation that includes application, deployment, platform,
service, organization size, and vertical.
·
By platform, the market has been reviewed on the basis of connectivity
management, device management, and application enablement.
·
By deployment, the report includes segments like public, private, and
hybrid.
·
By organization size, the review includes a study of large enterprise
and small and medium enterprise.
·
By service, the report on the market comprises managed services and
professional services.
·
By application, the market review assessed segments like wearable
technology, smart agriculture, smart city, home automation, industrial
automation, smart transportation, and others.
· By vertical, the global market report included segments like retail, finance, healthcare, automotive & transportation, government, hospitality, consumer electronics, industrial manufacturing, media & entertainment, education, and others.
Competitive
Landscape:
The global market for Internet of Things (IoT) cloud platform includes a study of companies like IBM Corporation, Microsoft Corporation, Google, Ayla Network, AWS Group, SAP SE, Hauwei Technologies, Artik Cloud, GE, Salesforce.com, AT&T, Cisco system, and Telit. These companies ensure growth for the market by deploying various strategic models to create a space for better revenue-generation process. However, the COVID-19 pandemic has influenced the strategic procedures and forced companies to find out a different plan for the coming years.
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Regional
Analysis:
North America’s infrastructural scope and investment opportunities would back the market growth. Players from the region would take part in forming a proper network to back projects related to it. In Asia Pacific, growing industries are expected to set the market momentum.
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Internet of Things (IoT) cloud platform Market
Segmentation
8. Internet of Things (IoT) cloud platform Market
Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
13. Product Landscape
14. Strategic Outlook
More…
If you have any requirements, let know and we will customize the
report according to your need.
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