The Insight Partners

Innovative Report on IoT Middleware Market with Competitive Analysis, New Business Developments with Key Players Cisco, General Electric, Google, Hitachi, IBM, Microsoft

IoT Middleware Market to 2027 - Global Analysis and Forecasts By Platform (Device Management, Application Management, Connectivity Management); End User (Manufacturing, Government, Automotive and Transportation, Energy and Utilities, Retail, BFSI, Others)


Pune, India -- (SBWIRE) -- 03/28/2019 -- The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT middleware market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The IoT middleware market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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IoT middleware serves as an interface between the components of IoT and enabling communications among elements of the IoT system. Middleware is a component of architecture enables connectivity for a large number of diverse things by providing a connectivity layer for the huge number of devices. An IoT middleware is a combination of integration capabilities and platform providing the platform for connecting devices, applications, users, services in 'cyber-physical' environment. It is a simplified view of software components required to bridge the gap between enterprise integration and M2M and realize the value from IoT. Vendors offer IoT middleware for the various platform such as application management, device management, connectivity management, and others.

Key Vendors: isco, General Electric, Google, Hitachi, Ltd., IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Siemens AG among others.

The "Global IoT Middleware Market Analysis to 2027" is a specialized and in-depth study of the IoT market with a special focus on the global market trend analysis. The report aims to provide an overview of IoT middleware market with detailed market segmentation by platform type, end-user, and geography. The global IoT middleware market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IoT middleware market players and offers key trends and opportunities in the market.

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The increasing adoption of IoT across the industries is one of the key drivers for IoT middleware market. The government initiatives such as smart cities projects are one of the significant factor fuelling the growth of IoT middleware market. The trend of smart homes, connected buildings & factories, and others are creating a significant demand for IoT middleware during the forecast period. The market for IoT middleware is witnessing significant partnerships among vendors to innovate advanced middleware in terms of technology, and it is expected to have the significant positive impact on the growth of the IoT middleware market during the forecast period.

The global IoT middleware market is segmented on the basis of platform and end-user. Based on platform, the market is segmented as Device Management, Application Management, and Connectivity Management. On the basis of end-user the market is segmented as Manufacturing, Government, Automotive and Transportation, Energy and Utilities, Retail, BFSI, and Others.

Key highlights of the global IoT Middleware market for the forecast years 2019-2027:
- CAGR of the market during the forecast period 2019-2027
- Detailed information on factors that will accelerate the growth of the IoT Middleware market during the next five years
- Precise estimation of the global IoT Middleware market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the IoT Middleware industry across the Americas, APAC, and EMEA
- A thorough analysis of the market's competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of the IoT Middleware companies

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