Global Internet of Things (IoT) Platforms Market Growth (Status and Outlook) 2023-2029

Global Internet of Things (IoT) Platforms Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Internet of Things (IoT) Platforms Industry Forecast” looks at past sales and reviews total world Internet of Things (IoT) Platforms sales in 2022, providing a comprehensive analysis by region and market sector of projected Internet of Things (IoT) Platforms sales for 2023 through 2029. With Internet of Things (IoT) Platforms sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Internet of Things (IoT) Platforms industry.

This Insight Report provides a comprehensive analysis of the global Internet of Things (IoT) Platforms landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Internet of Things (IoT) Platforms portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Internet of Things (IoT) Platforms market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Internet of Things (IoT) Platforms and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Internet of Things (IoT) Platforms.

The global Internet of Things (IoT) Platforms market size is projected to grow from US$ 4474.8 million in 2022 to US$ 5784.1 million in 2029; it is expected to grow at a CAGR of 3.7% from 2023 to 2029.

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 22% revenue share.

This report presents a comprehensive overview, market shares, and growth opportunities of Internet of Things (IoT) Platforms market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Consumer IoT
Business IoT

Segmentation by application
Home Automation
Wearable Technology
Smart City
Industrial Automation
Connected Transportation
Healthcare
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PTC (ThingWorx)
Cisco (Jasper)
Microsoft
Google
IBM
Intel
SAP
Oracle
Amazon
Telit
General Electric
Gemalto
Zebra Technologies
ATandT
Xively (LogMeIn)
Aeris
Exosite
Particle
Ayla Networks
relayr
Bosch Software Innovations
Teezle

Please note: The report will take approximately 2 business days to prepare and deliver.