Published on: August 13, 2020
During 2020-2024, the IoT platform market size will increase by $ 1.70 billion. With a decrease in year-over-year growth, the market’s growth momentum will decelerate during the forecast period.
This report provides an analysis of the market by end-user (manufacturing, retail, healthcare, ICT, and others) and geography (APAC, Europe, MEA, North America, and South America). The report also provides information on the upcoming trends and challenges that will influence market growth, analyzes the market’s competitive landscape, and provides information on major market participants including Alphabet Inc., Amazon.com Inc., AT&T Inc., Cisco Systems Inc., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., Intel Corp., Microsoft Corp., Nokia Corp., Samsung Electronics Co. Ltd., and Siemens AG.
Browse TOC and LoE with selected illustrations and example pages of IoT platform market
The market’s competitive landscape is fragmented. Alphabet Inc., Amazon.com Inc., and AT&T Inc. are some of the major market participants. As factors such as the rise in privacy and security issues will challenge the growth of the market participants, the companies should focus more on the fast-growing segments.
Below are some of the major IoT platform market vendors profiled in this report:
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APAC accounted for the largest IoT platform market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The industrial Internet revolution will significantly drive IoT platform market growth in this region over the forecast period.
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