Internet of Things (IoT) Cloud Platform Market Research Report - Global Forecast till 2027

Global Internet of Things (IoT) Cloud Platform Market Research Report, By Platform (Device Management, Connectivity Management, Application Enablement), Component (Solution, Service), Vertical(Aerospace, Education,Manufacturing, Others) — Forecast till 2027

ID: MRFR/SEM/5378-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis of Global Internet of Things (IoT) Cloud Platform Market


Market Scenario


The global internet of things (IoT) cloud platform market is expected to grow from USD 1.90 billion in 2016, to USD 8.67 billion by 2023, with a CAGR of 31.2%. Internet of Things (IoT) is a network of physical objects such as buildings, cars, equipment, assets, digital machines, and others which can transfer the electronic information over the network without human intervention. The internet of things (IoT) can transform the society and businesses by improving the public safety, healthcare, transportation, finance with the better and faster real-time information. This features of IoT technology allows the businesses to improve operations and helps in increasing the customer satisfaction. The growing need of digital transformation across various verticals such as manufacturing, transportation, healthcare, retail, and others is one of the factors that is driving this market. Every organization comprises of various assets which it could track to improve its efficiency and productivity. For instance, In the healthcare sector, the IoT technology helps hospital in tracking the location of everything from surgeons to wheelchairs and manages entire healthcare operations. In addition to this, the integration of IoT technology in transportation sector helps in tracking the location of goods by providing real-time information and insights which improves and streamline the flow of business operations. In this regard, the adoption of internet of things (IoT) technology in various verticals such as transportation, industrial, healthcare, and others is expected to increase the demand of IoT cloud platform market during the forecast period.


According to a MRFR study, the IoT cloud platform market has grown significantly, in past few years due to deployment of IoT technology in various organization from small & medium enterprise to large enterprise. The IoT cloud platform provides services such as device management, connectivity management and application enablement that helps organization to enhance various business processes.


On July 2018, Arcules launched intelligent video cloud platform that analyzes and aggregates untapped video surveillance and IoT sensor information by analyzing the data with predictive analytics which helps the organization to improve safety and optimize operation.


On the other hand, lack of data management, security and privacy concerns are some of the factors which may hamper this market.


The Global Internet of Things (IoT) Cloud Platform Market,2018—2023(USD Billion)


Internet of Things (IoT) Cloud Platform Market


Key Players


Some of the key players of global Internet of Things (IoT) cloud platform market includes Google, IBM Corporation, Microsoft Corporation, AWS Group, Ayla Network, Artik Cloud, Hauwei Technologies, AT&T, Cisco system, GE, Salesforce.com, SAP SE, and Telit among others.


Segmentation


The global Internet of Things (IoT) cloud platform market is segmented into platform, deployment, organization size, service, application, and vertical.


By platform, the market of global Internet of things (IoT) cloud platform is sub-segmented into device management, connectivity management, and application enablement.


By deployment, the market is segmented into public, private and hybrid.


By organization size, the market is segmented into large enterprise and small and medium enterprise.


By service, the market is segmented into managed services and professional services.


By application, the market is segmented home automation, wearable technology, smart city, smart transportation, industrial automation, smart agriculture, and others


By vertical, the market is segmented into healthcare, retail, finance, government, hospitality, Automotive & transportation, industrial manufacturing, consumer electronics, education, media & entertainment, and others.


Regional Analysis


The geographical analysis of the global Internet of Things (IoT) cloud platform market is studied for North America, Europe, Asia-Pacific, and the rest of the world.


North-America is dominating the global internet of things (IoT) cloud platform market during the forecast period( 2018—2023) due to the presence of major key players of this market such as IBM Corporation, Google, Microsoft, AWS Group, Cisco, SAP SE, and others. The other factors that are responsible for the growth in the demand of IoT cloud platform is the presence of early technology adopters and a host to innovative technologies.


Asia-Pacific is expecting to reach highest CAGR during the forecast period(2018—2023) due to the extensive implementation of IoT cloud based technologies across various verticals, and increased adoption of digital technologies in countries such as China and India.


Target Audience



  • Application developers and aggregators

  • Managed service providers and middleware companies

  • Wireless infrastructure providers and service providers

  • Data management and predictive analysis companies

  • Sensor, location, and detection solution providers

  • Internet identity management, privacy, and security companies

  • Machine-to-Machine (M2M), IoT, and telecommunications companies

  • Semiconductor companies

  • Embedded systems companies



Frequently Asked Questions (FAQ) :


The valuation of the internet of things (IoT) cloud platform market is expected to reach 8.67 bn by 2023 from USD 1.9 Bn in 2016.

Some of the leading players assessed are - Google, Microsoft Corporation, IBM Corporation, AWS Group, Artik Cloud, Ayla Network, Huawei Technologies, Cisco system, and AT&T, among others.

The vertical based segments profiled for the study are healthcare, finance, retail, government, automotive & transportation, hospitality, media & entertainment, consumer electronics, industrial manufacturing, education, and others.

The segments studied on the basis of platform are connectivity management, device management, and application enablement.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.1.5 Bargaining power of suppliers

4.2 Value Chain/Supply Chain of Global IoT Cloud Platform Market

5 Industry Overview of Global IoT Cloud Platform Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global IoT Cloud Platform Market by Platform

7.1 Introduction

7.2 Device Management

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.2.3 Connectivity Management

7.2.3.1 Market Estimates & Forecast, 2020-2027

7.2.3.2 Market Estimates & Forecast by Region, 2020-2027

7.2.4 Application enablement

7.2.4.1 Market Estimates & Forecast, 2020-2027

7.2.4.2 Market Estimates & Forecast by Region, 2020-2027

8. Global IoT Cloud Platform Market by Deployment

8.1 Introduction

8.2 Private

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Public

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Hybrid

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

9. Global IoT Cloud Platform Market by Organization size

9.1 Introduction

9.2 SME

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Large Enterprise

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

10. Global IoT Cloud Platform Market by Service

10.1 Introduction

10.2 Managed service

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3 Professional service

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Region, 2020-2027

11. Global IoT Cloud Platform Market by Application

11.1 Introduction

11.2 Home automation

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Region, 2020-2027

11.3 Wearable technology

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Region, 2020-2027

11.4 Smart city

11.4.1 Market Estimates & Forecast, 2020-2027

11.4.2 Market Estimates & Forecast by Region, 2020-2027

11.5 Smart transportation

11.5.1 Market Estimates & Forecast, 2020-2027

11.5.2 Market Estimates & Forecast by Region, 2020-2027

11.6 Industrial automation

11.6.1 Market Estimates & Forecast, 2020-2027

11.6.2 Market Estimates & Forecast by Region, 2020-2027

11.7 Smart agriculture

11.7.1 Market Estimates & Forecast, 2020-2027

11.7.2 Market Estimates & Forecast by Region, 2020-2027

11.8 Others

11.8.1 Market Estimates & Forecast, 2020-2027

11.8.2 Market Estimates & Forecast by Region, 2020-2027

12. Global IoT Cloud Platform Market by Vertical

12.1 Introduction

12.2 Healthcare

12.2.1 Market Estimates & Forecast, 2020-2027

12.2.2 Market Estimates & Forecast by Region, 2020-2027

12.3 Retail

12.3.1 Market Estimates & Forecast, 2020-2027

12.3.2 Market Estimates & Forecast by Region, 2020-2027

12.4 Finance

12.4.1 Market Estimates & Forecast, 2020-2027

12.4.2 Market Estimates & Forecast by Region, 2020-2027

12.5 Government

12.5.1 Market Estimates & Forecast, 2020-2027

12.5.2 Market Estimates & Forecast by Region, 2020-2027

12.6 Hospitality

12.6.1 Market Estimates & Forecast, 2020-2027

12.6.2 Market Estimates & Forecast by Region, 2020-2027

12.7 Automotive & transportation

12.7.1 Market Estimates & Forecast, 2020-2027

12.7.2 Market Estimates & Forecast by Region, 2020-2027

12.8 Industrial manufacturing

12.8.1 Market Estimates & Forecast, 2020-2027

12.8.2 Market Estimates & Forecast by Region, 2020-2027

12.9 Consumer electronics

12.9.1 Market Estimates & Forecast, 2020-2027

12.9.2 Market Estimates & Forecast by Region, 2020-2027

12.10 Education

12.10.1 Market Estimates & Forecast, 2020-2027

12.10.2 Market Estimates & Forecast by Region, 2020-2027

12.11 Media & Entertainment

12.11.1 Market Estimates & Forecast, 2020-2027

12.11.2 Market Estimates & Forecast by Region, 2020-2027

12.12 Others

12.12.1 Market Estimates & Forecast, 2020-2027

12.12.2 Market Estimates & Forecast by Region, 2020-2027

13. Global IoT Cloud Platform Market by Region

13.1 Introduction

13.2 North America

13.2.1 Market Estimates & Forecast, 2020-2027

13.2.2 Market Estimates & Forecast by Platform, 2020-2027

13.2.3 Market Estimates & Forecast by Deployment, 2020-2027

13.2.4 Market Estimates & Forecast by Organization size, 2020-2027

13.2.5 Market Estimates & Forecast by Service, 2020-2027

13.2.6Market Estimates & Forecast by Application, 2020-2027

13.2.7 Market Estimates & Forecast by Vertical, 2020-2027

13.2.8 U.S.

13.2.8.1 Market Estimates & Forecast, 2020-2027

13.2.8.2 Market Estimates & Forecast by Platform, 2020-2027

13.2.8.3 Market Estimates & Forecast by Deployment, 2020-2027

13.2.8.4 Market Estimates & Forecast by Organization size, 2020-2027

13.2.8.5 Market Estimates & Forecast by Service, 2020-2027

13.2.8.6 Market Estimates & Forecast by Application, 2020-2027

13.2.8.7 Market Estimates & Forecast by Vertical, 2020-2027

13.2.9 Canada

13.2.9.1 Market Estimates & Forecast, 2020-2027

13.2.9.2 Market Estimates & Forecast by Platform, 2020-2027

13.2.9.3 Market Estimates & Forecast by Deployment, 2020-2027

13.2.9.4 Market Estimates & Forecast by Organization size, 2020-2027

13.2.9.5 Market Estimates & Forecast by Service, 2020-2027

13.2.9.6 Market Estimates & Forecast by Application, 2020-2027

13.2.9.7 Market Estimates & Forecast by Vertical, 2020-2027

13.3 Europe

13.3.1 Market Estimates & Forecast, 2020-2027

13.3.2 Market Estimates & Forecast by Platform, 2020-2027

13.3.3 Market Estimates & Forecast by Deployment, 2020-2027

13.3.4 Market Estimates & Forecast by Organization size, 2020-2027

13.3.5 Market Estimates & Forecast by Service, 2020-2027

13.3.6Market Estimates & Forecast by Application, 2020-2027

13.3.7 Market Estimates & Forecast by Vertical, 2020-2027

13.3.8 Germany

13.3.8.1 Market Estimates & Forecast, 2020-2027

13.3.8.2 Market Estimates & Forecast by Platform, 2020-2027

13.3.8.3 Market Estimates & Forecast by Deployment, 2020-2027

13.3.8.4 Market Estimates & Forecast by Organization size, 2020-2027

13.3.8.5 Market Estimates & Forecast by Service, 2020-2027

13.3.8.6 Market Estimates & Forecast by Application, 2020-2027

13.3.8.7 Market Estimates & Forecast by Vertical, 2020-2027

13.3.9 France

13.3.9.1 Market Estimates & Forecast, 2020-2027

13.3.9.2 Market Estimates & Forecast by Platform, 2020-2027

13.3.9.3 Market Estimates & Forecast by Deployment, 2020-2027

13.3.9.4 Market Estimates & Forecast by Organization size, 2020-2027

13.3.9.5 Market Estimates & Forecast by Service, 2020-2027

13.3.9.6 Market Estimates & Forecast by Application, 2020-2027

13.3.9.7 Market Estimates & Forecast by Vertical, 2020-2027

13.3.10 U. K

13.3.10.1 Market Estimates & Forecast, 2020-2027

13.3.10.2 Market Estimates & Forecast by Platform, 2020-2027

13.3.10.3 Market Estimates & Forecast by Deployment, 2020-2027

13.3.10.4 Market Estimates & Forecast by Organization size, 2020-2027

13.3.10.5 Market Estimates & Forecast by Service, 2020-2027

13.3.10.6 Market Estimates & Forecast by Application, 2020-2027

13.3.10.7 Market Estimates & Forecast by Vertical, 2020-2027

13.4 Asia-Pacific

13.4.1 Market Estimates & Forecast, 2020-2027

13.4.2 Market Estimates & Forecast by Platform, 2020-2027

13.4.3 Market Estimates & Forecast by Deployment, 2020-2027

13.4.4 Market Estimates & Forecast by Organization size, 2020-2027

13.4.5 Market Estimates & Forecast by Service, 2020-2027

13.4.6Market Estimates & Forecast by Application, 2020-2027

13.4.7 Market Estimates & Forecast by Vertical, 2020-2027

13.4.8 China

13.4.8.1 Market Estimates & Forecast, 2020-2027

13.4.8.2 Market Estimates & Forecast by Platform, 2020-2027

13.4.8.3 Market Estimates & Forecast by Deployment, 2020-2027

13.4.8.4 Market Estimates & Forecast by Organization size, 2020-2027

13.4.8.5 Market Estimates & Forecast by Service, 2020-2027

13.4.8.6 Market Estimates & Forecast by Application, 2020-2027

13.4.8.7 Market Estimates & Forecast by Vertical, 2020-2027

13.4.9 India

13.4.9.1 Market Estimates & Forecast, 2020-2027

13.4.9.2 Market Estimates & Forecast by Platform, 2020-2027

13.4.9.3 Market Estimates & Forecast by Deployment, 2020-2027

13.4.9.4 Market Estimates & Forecast by Organization size, 2020-2027

13.4.9.5 Market Estimates & Forecast by Service, 2020-2027

13.4.9.6 Market Estimates & Forecast by Application, 2020-2027

13.4.9.7 Market Estimates & Forecast by Vertical, 2020-2027

13.4.10 Japan

13.4.10.1 Market Estimates & Forecast, 2020-2027

13.4.10.2 Market Estimates & Forecast by Platform, 2020-2027

13.4.10.3 Market Estimates & Forecast by Deployment, 2020-2027

13.4.10.4 Market Estimates & Forecast by Organization size, 2020-2027

13.4.10.5 Market Estimates & Forecast by Service, 2020-2027

13.4.10.6 Market Estimates & Forecast by Application, 2020-2027

13.4.10.7 Market Estimates & Forecast by Vertical, 2020-2027

13.4.11 Rest of Asia-Pacific

13.4.11.1 Market Estimates & Forecast, 2020-2027

13.4.11.2 Market Estimates & Forecast by Platform, 2020-2027

13.4.11.3 Market Estimates & Forecast by Application, 2020-2027

13.4.11.4 Market Estimates & Forecast by Organization size, 2020-2027

13.4.11.5 Market Estimates & Forecast by Service, 2020-2027

13.4.11.6 Market Estimates & Forecast by Application, 2020-2027

13.4.11.7 Market Estimates & Forecast by Vertical, 2020-2027

13.5 Rest of the World

13.5.1 Market Estimates & Forecast, 2020-2027

13.5.2 Market Estimates & Forecast by Platform, 2020-2027

13.5.3 Market Estimates & Forecast by Application, 2020-2027

13.5.4 Market Estimates & Forecast by Organization size, 2020-2027

13.5.5 Market Estimates & Forecast by Service, 2020-2027

13.5.6Market Estimates & Forecast by Application, 2020-2027

13.5.7 Market Estimates & Forecast by Vertical, 2020-2027

13.5.8 The Middle East & Africa

13.5.8.1 Market Estimates & Forecast, 2020-2027

13.5.8.2 Market Estimates & Forecast by Platform, 2020-2027

13.5.8.3 Market Estimates & Forecast by Application, 2020-2027

13.5.8.4 Market Estimates & Forecast by Organization size, 2020-2027

13.5.8.5 Market Estimates & Forecast by Service, 2020-2027

13.5.8.6 Market Estimates & Forecast by Application, 2020-2027

13.5.8.7 Market Estimates & Forecast by Vertical, 2020-2027

13.5.9 Latin America

13.5.9.1 Market Estimates & Forecast, 2020-2027

13.5.9.2 Market Estimates & Forecast by Platform, 2020-2027

13.5.9.3 Market Estimates & Forecast by Application, 2020-2027

13.5.9.4 Market Estimates & Forecast by Organization size, 2020-2027

13.5.9.5 Market Estimates & Forecast by Service, 2020-2027

13.5.9.6 Market Estimates & Forecast by Application, 2020-2027

13.5.9.7 Market Estimates & Forecast by Vertical, 2020-2027

14. Company Landscape

15. Company Profiles

15.1 Google

15.1.1 Company Overview

15.1.2 Product/Business Segment Overview

15.1.3 Financial Updates

15.1.4 Key Developments

15.2 IBM Corporation

15.2.1 Company Overview

15.2.2 Product/Business Segment Overview

15.2.3 Financial Updates

15.2.4 Key Developments

15.3 Microsoft Corporation

15.3.1 Company Overview

15.3.2 Product/Business Segment Overview

15.3.3 Financial Updates

15.3.4 Key Developments

15.4 AWS Group

15.4.1 Company Overview

15.4.2 Product/Business Segment Overview

15.4.3 Financial Updates

15.4.4 Key Developments

15.5 Ayla Network

15.5.1 Company Overview

15.5.2 Product/Business Segment Overview

15.5.3 Financial Updates

15.5.4 Key Developments

15.6 Artik Cloud

15.6.1 Company Overview

15.6.2 Product/Business Segment Overview

15.6.3 Financial Updates

15.6.4 Key Developments

15.7 Hauwei Technologies

15.7.1 Company Overview

15.7.2 Product/Business Segment Overview

15.7.3 Financial Updates

15.7.4 Key Developments

15.8 AT&T

15.8.1 Company Overview

15.8.2 Product/Business Segment Overview

15.8.3 Financial Updates

15.8.4 Key Developments

15.9 Cisco system

15.9.1 Company Overview

15.9.2 Product/Business Segment Overview

15.9.3 Financial Updates

15.9.4 Key Developments

15.10 GE

15.10.1 Company Overview

15.10.2 Product/Business Segment Overview

15.10.3 Financial Updates

15.10.4 Key Developments

15.11 Salesforce.com

15.11.1 Company Overview

15.11.2 Product/Business Segment Overview

15.11.3 Financial Updates

15.11.4 Key Developments

15.12 Telit

15.12.1 Company Overview

15.12.2 Product/Business Segment Overview

15.12.3 Financial Updates

15.12.4 Key Developments

15.13 SAP SE

15.13.1 Company Overview

15.13.2 Product/Business Segment Overview

15.13.3 Financial Updates

15.13.4 Key Developments

16 Conclusion

List of Tables

Table 1 Global IoT Cloud Platform Market, by Region, 2020—2027

Table 2 North America: IoT Cloud Platform Market, by Country, 2020—2027

Table 3 Europe: IoT Cloud Platform Market, by Country, 2020—2027

Table 4 Asia-Pacific: IoT Cloud Platform Market, by Country, 2020—2027

Table 5 The Middle East & Africa: IoT Cloud Platform, by Country, 2020–2027

Table 6 Latin America: IoT Cloud Platform, by Country, 2020—2027

Table 7 Global IoT Cloud Platform Deployment Market, by Region, 2020–2027

Table 8 North America: IoT Cloud Platform Deployment Market, by Country, 2020–2027

Table 9 Europe: IoT Cloud Platform Deployment Market, by Country, 2020–2027

Table10 Asia-Pacific: IoT Cloud Platform Deployment Market, by Country, 2020—2027

Table11 The Middle East & Africa: IoT Cloud Platform Deployment Market, by Country, 2020—2027

Table12 Latin America: IoT Cloud Platform Deployment Market, by Country, 2020—2027

Table13 Global IoT Cloud Platform Application Market, by Region, 2020—2027

Table14 North America: IoT Cloud Platform Application Market, by Country, 2020–2027

Table15

Europe: IoT Cloud Platform Application Market, by Country, 2020–2027

Table16

Asia-Pacific: IoT Cloud Platform Application Market, by Country, 2020—2027

Table17 The Middle East & Africa: IoT Cloud Platform Application Market, by Country, 2020—2027

Table18 Latin America: Market, by Country, 2020—2027

Table19 Latin America: IoT Cloud Platform, by Application, 2020—2027

Table20 Latin America: IoT Cloud Platform, by Deployment, 2020—2027

Table21 North America: IoT Cloud Platform, by Application

Table22 North America: IoT Cloud Platform, by Deployment

Table23 North America: IoT Cloud Platform, by Application

Table24 Europe: IoT Cloud Platform, by Country

Table25 Europe: IoT Cloud Platform, by Application

Table26 Europe: IoT Cloud Platform, by Deployment

LIST OF FIGURES

FIGURE 1 Global IoT Cloud Platform Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global IoT Cloud Platform Market

FIGURE 4 Value Chain of Global IoT Cloud Platform Market

FIGURE 5 Share of Global IoT Cloud Platform Market in 2020, by country (in %)

FIGURE 6 Global IoT Cloud Platform Market, 2020-2027,

FIGURE 7 Global IoT Cloud Platform Market size by Organization size, 2020

FIGURE 8 Share of IoT Cloud Platform Market by Organization size, 2020 TO 2027

FIGURE 9 Global IoT Cloud Platform Market size by Deployment, 2020

FIGURE 10 Share of IoT Cloud Platform Market by Deployment, 2020 TO 2027

FIGURE 11Global IoT Cloud Platform Market size by Application, 2020

FIGURE 12Share of IoT Cloud Platform Market by Application, 2020 TO 2027

FIGURE 13Global IoT Cloud Platform Market size by Vertical, 2020

FIGURE 14Share of IoT Cloud Platform Market by Vertical, 2020 TO 2027