• Home
  • News
    • Agriculture
    • Aviation & transport
    • Arts & Entertainment
    • Business & Finance
    • Conferences & Seminars
    • Cryptocurrency
    • Economy
    • Education
    • Forex & Commodities
    • Manufacturing & Industry
    • Media
    • Oil & Energy
    • Pharma & Health
    • Politics
    • Real Estate & construction
    • Sports
    • Stock Markets
    • Telecom & Tech
    • Travel & Tourism
  • Europe
  • Middle East
  • Africa
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
Search
Close
Search
Close
Home Press

IoT Cloud Platform Market: Size, Share, Trends, Current and Future Analysis

admin by admin
July 12, 2022
in Press
Share on FacebookShare on Twitter



(EMAILWIRE.COM, July 12, 2022 ) According to a research report “IoT Cloud Platform Market by Offering (Platform and Service), Deployment Mode (Public Cloud, Private Cloud, and Hybrid), Organization Size, Application Area (Building & Home Automation and Connected Healthcare), and Region – Global Forecast to 2025”, published by MarketsandMarkets,the global Internet of Things (IoT) cloud platform market size to grow from USD 6.4 billion in 2020 to USD 11.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. Major factors expected to drive the growth of the IoT cloud platform market include the proliferation of IoT devices, need to increase operational efficiency, rapidly decreasing costs of IoT-based sensors connectivity hardware, and government initiatives for Research and Development (R&D) activities related to IoT.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=195182

Based on offering, the platform segment to hold a higher market share during the forecast period

The IoT cloud platform market is a platform-driven market. The platform plays a crucial role in handling all the IoT and cloud operations related activities that include collecting data from IoT-enabled devices to the storage and analysis of collected data for gaining real-time insights. The rising number IoT devices in various application areas is one of the major factors driving the growth of platform segment in the IoT cloud platform market.

Based on organization size, the large enterprises segment to hold a higher market share during the forecast period

Large enterprises possess strong budget capabilities and are significantly investing in the adoption of the IoT cloud platform and associated services to manage their subscription base efficiently. The growth of the large enterprises segment is mainly governed by the increasing number of installed IoT devices across large enterprises. Large enterprises from smart city, retail, healthcare, manufacturing, and transportation verticals are widely adopting IoT cloud platforms to monitor and optimize their IoT business processes.

Based on application area, the connected healthcare segment to grow at the highest growth rate during the forecast period

Application of IoT cloud platform in the connected healthcare segment has widened, due to the increasing use of embedded sensors, availability of fast cellular networks, and rising adoption of wireless devices. Communication between sensors and devices enables healthcare organizations to streamline their clinical operations, manage workflows, and aid in real-time patient care, even from remote locations. Hence, healthcare organizations are focusing on implementing robust applications and connected technologies. Some of the major applications of IoT in connected healthcare area are remote patient monitoring, healthcare workflow management, medication management, and medical asset tracking.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=195182

Based on regions, North America to hold the largest market size during the forecast period

North America is expected to hold the largest market size during the forecast period, as this market growth is likely to benefit from its technological advancements and its position as a developed region. Proliferation of IoT-enabled devices, significant R&D investment on IoT, and presence of key market players, such as Amazon Web Services (AWS), Google, Microsoft, IBM, and Cisco are some of the major driving factors driving the adoption of IoT cloud platform in North America. Due to the early adoption of trending technologies, such as IoT, cloud, Artificial Intelligence (AI), big data, and mobility, North American organizations are keen to integrate IoT technologies into their processes. Though the US is the leader in IoT cloud platforms market in North America, Canada is also expected to witness a surge in the adoption of IoT cloud platforms.

Key Market Players in the United States

Key and emerging market players in the US IoT cloud platform market include AWS (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), Zoho Corporation (US), and Particle (US). These players have adopted various business growth strategies to grow in the global IoT cloud platform market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™
Mr. Aashish Mehra
1-888-600-6441
raviraj.tak@marketsandmarkets.com



Source link

Previous Post

Taste of the Middle East is coming back to Toronto this year

Next Post

Biden seeks new chapter in troubled Middle East – Boston News, Weather, Sports

RelatedPosts

Press

Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

 Recreation Club Market(EMAILWIRE.COM, January 28, 2023 ) The Maximize Market report states, the global Recreation Club Market is...

by admin
January 28, 2023
Press

CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

 CO2 Gas Sensor Market(EMAILWIRE.COM, January 28, 2023 ) As per the Maximize Market research, a global business and...

by admin
January 28, 2023
Press

UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

 UV Tape Market(EMAILWIRE.COM, January 28, 2023 ) As per the Maximize Market research, a global business and consultancy...

by admin
January 28, 2023
Press

Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

 Bio-based Polyurethane Foam Market(EMAILWIRE.COM, January 27, 2023 ) As per the Maximize Market research, a global business and...

by admin
January 27, 2023
Load More

Latest Post

Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

by admin
February 2, 2023

Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

by admin
February 2, 2023

Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

by admin
February 1, 2023

Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

by admin
February 1, 2023

Farm Foundation announces 2023 agricultural scholars

by admin
January 30, 2023

EMEAWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (EMEA) Submit press release or contact us today.
Share us

Subscribe to Our Newsletter

  • Home
  • News
    • Agriculture
    • Aviation & transport
    • Arts & Entertainment
    • Business & Finance
    • Conferences & Seminars
    • Cryptocurrency
    • Economy
    • Education
    • Forex & Commodities
    • Manufacturing & Industry
    • Media
    • Oil & Energy
    • Pharma & Health
    • Politics
    • Real Estate & construction
    • Sports
    • Stock Markets
    • Telecom & Tech
    • Travel & Tourism
  • Europe
  • Middle East
  • Africa
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Menu
  • Home
  • News
    • Agriculture
    • Aviation & transport
    • Arts & Entertainment
    • Business & Finance
    • Conferences & Seminars
    • Cryptocurrency
    • Economy
    • Education
    • Forex & Commodities
    • Manufacturing & Industry
    • Media
    • Oil & Energy
    • Pharma & Health
    • Politics
    • Real Estate & construction
    • Sports
    • Stock Markets
    • Telecom & Tech
    • Travel & Tourism
  • Europe
  • Middle East
  • Africa
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us

Browse by Category-

Home

Europe

Middle East

Africa

Global

News

-Agriculture

 – Arts & Entertainment

— Aviation & transport

— Business & Finance

— Conferences & Seminars
— Cryptocurrency
— Economy
— Education
— Forex & Commodities
— Manufacturing & Industry
— Media
— Oil & Energy
— Pharma & Health
— Politics
— Real Estate & construction
— Sports
— Stock Markets
— Telecom & Tech
— Travel & Tourism

About Us

-Pr Services
-Submit PR
-Contact Us

© 2023 Copyright EMEAWIRE™

Share us

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest