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IoT Platform as a Service: Worldwide IoT Platform Market Opportunity, Competition and Forecast (2018-2025) - ResearchAndMarkets.com

September 28, 2018

DUBLIN--(BUSINESS WIRE)--Sep 28, 2018--The “IoT Platform as a Service: Worldwide IoT Platform Market Opportunity, Competition and Forecast 2018 to 2025” report has been added to ResearchAndMarkets.com’s offering.

IoT is at the core of digital transformation, with more than 70% of organisations either evaluating or currently deploying IoT. Manufacturing, Healthcare, Transportation and Utilities make up the largest percent of investments, while insurance and consumers represent the fastest growing market segment.

In order to get value from the Internet of Things (IoT), it helps to have a platform on which to create and manage applications, to run analytics, and to store and secure your data. The IoT platform space is important, but crowded and confusing. There are over 200 options to choose from.

This is an immature market and players not highly focused. Platform providers are still struggling with issues like data wrangling, security, and local automation.

This has opened up the door to innovation and added a new dimension to the global competition among IoT platform providers. The research projects that IoT platform market will grow to become a US$ 22 billion industry in 2025, growing at a CAGR of 17% during 2018-2025.

If platform providers are willing to stay relevant in the IoT market, they need to work together with suppliers of other transformative technologies to provide the most valuable functions and components. For instance, healthcare applications require data integration with IT systems, notification alerts, reports, high level security, predictive maintenance, remote management through VPN, and advanced analytics features.

Companies Featured

Aeris Avnet Bosch HPE Huawei IBM IoT.nxt Microsoft MTN ThingWorx ZTE

Key Topics Covered

1 Introduction

2 Executive Summary

3 IoT Platform Market Structure, Ecosystem, and Value Chain Analysis

4 IoT Platform Vendor Profiles

5 IoT Platform Market Forecast 2018-2025

6 Conclusions, Recommendations, and Strategic Analysis

For more information about this report visit https://www.researchandmarkets.com/research/69pv99/iot_platform_as_a?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180928005639/en/

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Related Topics:Internet of Things and M2M,Cloud Computing and Storage

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY INTERNET

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/28/2018 05:21 PM/DISC: 09/28/2018 05:20 PM

http://www.businesswire.com/news/home/20180928005639/en

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