IoT Cloud Platform Market Development Status And Covid-19 Impact Analysis

supriya maximize

Apr 18, 2024 • 5 min read

IoT Cloud Platform Executive Summary of Market Report

Reports from Maximize Market Research are available to clients to aid in their understanding of the "IoT Cloud Platform Market" in which they are competing. The research provides market insights to assist businesses in understanding future demand for their product and the likelihood of competition in the IoT Cloud Platform. The comprehensive information provided by the IoT Cloud Platform market overview includes market size, trade data, top players, and a range of market metrics, including trends and life cycle.

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IoT Cloud Platform Market size was valued at USD 8.64 Bn. in 2023 and the total revenue is expected to grow by 11.9% from 2023 to 2030, reaching nearly USD 19Bn.

IoT Cloud Platform Scope of Market Report and Research Approach

Based on variables including market size and growth rate, the IoT Cloud Platform market study explores the significance of segments and local markets. The report includes a detailed synopsis of every section and location. The IoT Cloud Platform market report includes a detailed examination of anticipated figures, noteworthy advancements, and revenue. The task involves a comprehensive analysis of the principal tactics utilized by prominent industry participants to bolster global business expansion while preserving a competitive advantage. In the research on the IoT Cloud Platform market, the following regions are evaluated: North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. Production, consumption, revenue, market share, and growth rates are also assessed. The utilization of SWOT analysis provides understanding of the The IoT Cloud Platform market's advantages and disadvantages.

IoT Cloud Platform Market-Related Perspectives

In terms of geography, the report is divided into a number of important nations, each of which has information on the IoT Cloud Platform market's size, growth rate, import and export, and coverage of North America, the United States, Canada, Mexico, Europe, the United Kingdom, Germany, France, Spain, Italy, and the rest of Europe. Asia Pacific is made up of China, India, Japan, Australia, South Korea, ASEAN Countries, the rest of APAC, South America, Brazil, and the Middle East and Africa.

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

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IoT Cloud Platform Market Divisibility

by Offering

Platform
Device Management
Connectivity Management
Application Enablement
Service
Professional Services
Managed Services

by Deployment Mode

Public Cloud
Private Cloud
Hybrid

The IoT Cloud Platform Market is divided into Public Cloud, Private Cloud, and Hybrid segments based on Deployment Mode. In 2023, the Public Cloud category had the biggest market share. A fair price structure, ease of deployment, and flexibility are the main factors driving the expansion of the public cloud market. A number of major economies, including the US, China, India, UK, Australia, and Canada, are likely to boost their investment in public cloud infrastructure, which will drive up demand for public cloud deployment techniques in the IoT cloud platform market.

by Application

Area Building and Home Automation
Smart Manufacturing
Smart Transportation
Connected Healthcare
Smart Retail
Smart Grid and Utilities
Others

The building and home automation, smart manufacturing, smart transportation, connected healthcare, smart retail, smart grid and utilities, and others are the application-based segments of the IoT cloud platform market. Over the course of the projection period, the Connected Healthcare segment is anticipated to increase at a quick rate. The expanding use of wireless devices in the healthcare industry, the accessibility of fast cellular networks, and the increasing use of embedded sensors are all factors contributing to the segment's growth. Thanks to sensor and device connection, healthcare organizations may enhance real-time patient care, manage processes, and simplify clinical operations even from remote locations. Because of this, healthcare organizations are working hard to implement dependable apps and networked technology. Remote patient monitoring, prescription management, workflow management in healthcare, and medical A few of the most important IoT uses in connected healthcare are asset tracking.

IoT Cloud Platform Important Market Participants

1.Amazon Web Services, Inc. (US)
2.Microsoft (US)
3. Google (US)
4.Cisco Systems (US)
5.International Business Machines Corporation (US)
6.Oracle Corporation (US)
7. Salesforce, Inc (US)
8. PTC Inc (US)
9.Autodesk (US)
10.AT&T (US)
11. GE Digital (US)
12. Ayla Networks Inc (US)
13.GENERAL ELECTRIC (US)
14.KaaIoT Technologies, LLC (US)
15.ThingsBoard Authors (US)
16. Apple Inc (US)
17. HARMAN International. (US)
18. Hewlett Packard Enterprise Development LP (US)
19. Intel Corporation (US)
20.SAP SE (Germany)
21.Bosch Software Innovations GmbH (Germany)
22.Siemens (Germany)
23. Vodafone Group Plc (UK)
24.Telit (Italy)
25.Italtel S.p.A (Italy)
26. Thinger.io (Spain)
27. Accenture (Ireland)
28. Alibaba Cloud (China)
29.Zoho Corporation (India)
30. Happiest Minds (India)
31.Samsung (South Korea)

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Important queries addressed in the IoT Cloud Platform Market are:

What are the IoT Cloud Platform Market segments?
Which IoT Cloud Platform market segment is expected to grow rapidly during the forecast period?
What is the expected CAGR of the IoT Cloud Platform market during the forecast period?
Who are the top players in the IoT Cloud Platform industry?
Which region is expected to grow at a high CAGR during the forecast period?
Which region held the largest IoT Cloud Platform market share in 2023?

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Key Offerings:

Market Overview
Market Share
Market Size
Forecast by Revenue
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments, sub-segments and region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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