New York, NY -- (SBWire) -- 05/28/2019 --This report analyzes the market for third-party commercialized IoT software platforms and discusses how the IoT technology market will evolve as well as the trends impacting its adoption. Platforms based on pure hardware solutions and chipsets are not included in this report.
In their initial stages of development, most IoT platforms provided one of the above capabilities, but with technology advancement there has been a gradual pivoting of most vendors to horizontal, module based platforms which can be a complete integrated end-to-end solution. Research predicts that this trend will continue to grow as demand for niche IoT paltforms that can address the unique needs of some of the larger IoT projects namely in the smart cities and digital healthcare segment will grow in the coming years.
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Leading players of Technology Platforms for the Internet of Things (IoT) including:
- General Electric
- Huawei
- Machine 2 Machine Intelligence Corp. (M2mi)
- Vodafone
- Oracle Kore Wireless
Major Regions that plays a vital role in Technology Platforms for the Internet of Things (IoT) market are:
- North America
- Europe
- China
- Japan
- Middle East & Africa
- India
- South America
- Others
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The market for third party IoT device, data and application management platforms has evolved from its initial adoptor phase (2012-2016) and maturing in terms of their technology and capabilities. The market is now gradually moving from a 'new concept' phase towards a broader 'need fulfillment' stage.
Knowing the trends influencing the industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.
Market by Type
- Single Capability Standalone Platforms
- Platforms in Combination
- Fully Integrated Horizontal Platforms
Market by Application
- Smart Home
- Smart City
- Public Safety System
- Manufacturing Process Management
- Healthcare
- Telematics
- Construction
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Report Includes:
- 37 tables
- An overview of technology platforms for the internet of things (IoT)
- Analyses of global market trends, with data from 2016, 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023
- An overview of new developments and recent standards for IoT solutions that will impact the development of future IoT platforms
- A look at the current and potential applications for IoT platforms
- Coverage of application enablement platforms, device management platforms, connectivity management platforms, and sensor data management platforms in the IoT market
- Evaluations of trends, such as venture capital funding, key acquisitions, and partnerships
The research provides answers to the following key questions
- What is the expect growth rate and market size of the Technology Platforms for the Internet of Things (IoT) market for the forecast period 2018 - 2023.
- What are some of the prominent factors influencing the progress of the Technology Platforms for the Internet of Things (IoT) industry worldwide?
- What are the winning strategies that differentiate the major market players operating in the industry from the rest?
- What are the past and future market trends influencing the development of the Technology Platforms for the Internet of Things (IoT) market?
- What threats likely to hinder the development of the Technology Platforms for the Internet of Things (IoT) market during the estimated period?
- What are the opportunities major vendors are relying heavily on for the forecast period 2018 - 2023?
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Technology Platforms for the Internet of Things (IoT) Market 2018 - Recent Trends, Development, Growth & Forecast 2023
A closer look at the overall Technology Platforms for the Internet of Things (IoT) business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study.