According to the latest research report, The worldwide IoT Operating Systems Market size is predicted to reach a significant market worth of USD 17 billion by the end of the year 2023. During the projection period, the worldwide market for Internet of Things operating systems is expected to grow at a modest pace of 41 percent. A market for internet of things computer systems that are intended to work within the limits of smart objects, such as those imposed on memory size, power consumption, and processor capability. The Internet of Things operating system (IoT OS) is a form of integrated operating system which can send information over the web.
Real and smart gadgets are implanted with electrical devices, programs, and sensors, allowing them to share and gather data in a more efficient manner. Objects can perceive and operate the current network infrastructure via the Internet of Things (IoT), which opens up prospects for direct inclusion of the real world into a computer-based solution. The Internet of Things aids in the improvement of precision and reliability, as well as the decrease of human intervention and operational expenses. The Alibaba Group has partnered with NXP to provide "millions of cars" with NXP's automobile entertainment technology. Smart cockpits with enhanced multi-screen displays and over-the-air upgrades will be created as a consequence of the implementation of AliOS. Google has built an Internet of Things operating system dubbed Android Things,which was formerly identified as "Brillo," and is planned to work on limited devices in the future. The framework of this operating system is built on inexpensive, ultra-low-end Internet of Things hardware and is intended to interact with other mobile networks in the vicinity, through the use of 32-64 Mb of RAM.
This report contains all the information on the global IoT Operating Systems Market analysis and its strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors.
Covid 19 Analysis:
Almost every industry has been hit hard in recent months. This might be linked to major interruptions in their production and supply chain activities due to preventive lockdowns and other limitations imposed by governments everywhere. The same goes for the worldwide IoT OS market. Additionally, consumer preferences have decreased as people are increasingly intent on cutting non-essential spending from their budgets due to the outbreak's overall economic impact. These factors are projected to hamper the global IoT Operating Systems market's revenue growth throughout the forecast period. The worldwide IoT Operating Systems industry is forecasted to revive as governments begin to remove these imposed shutdowns.
The rising use of Internet of Things computer systems by businesses of all sizes is the most important driver driving the market's expansion. Additionally, the huge increase in the bring your own device idea as well as online data sharing are projected to propel the market.
The increasing popularity of sensitivity analysis and risk reduction will also create further chances for the expansion of the internet of things (IoT) software platforms in the next decades, and so will the increase in the number of companies offering these services.
The most significant impediment to the development of an IoT operating system seems to be the cost of software licensing and the infringement of intellectual property rights by operating systems. Additionally, the lack of consistency in standards for connectivity and compatibility is limiting the IoT operating system market's growth.
The adaptability of IoT systems and applications, on the other hand, may provide a further obstacle to the development of the internet of things (IoT) operating systems industry in the foreseeable future, according to the report.
Cumulative Growth Analysis:
The emergence in traction for advancement of innovations such as cloud computing and movement, as well as the popularity of online information sharing, are estimated to propel the IoT operating systems market share in the forecast timeframe. The adoption of bringing your own device (BYOD) is also expected to augment the demand of the IoT operating systems market revenue. Furthermore, the adoption of the IoT operating system by SMEs is popularising the growth of the IoT operating system, which is expected to further contribute to the development of the IoT operating systems market in the future. The operating system's application licensing and intellectual property (IP) violations are expected to further hamper the development of the IoT operating systems industry over the forecast timeframe.
Value Chain Analysis:
According to the reports, the global IoT operating system market is segmented on the basis of service, organization size, verticals, operating system type, application, and region. Professional and Managed IoT Operating Systems are the two types of services available in the market for IoT Operating Systems. Professional services are further subdivided into Business Consulting Services, Maintenance & Support Services, and Deployment & Integration Services. Business Consulting Services are the most common kind of expert services. The market is divided into two categories based on the size of the organization: Small and Medium-Sized Enterprises (SME) and Large Enterprises.
It is possible to segment the IoT Operating Systems Market based on verticals such as consumer electronics, information technology (IT), transportation & logistics, manufacturing, industrial automation, and others. The market is categorized based on the operating system type, with the top players being Embedded Apple iOS and OSX, Green Hills Integrity, WindRiver VxWorks, Windows 10 IoT, and Nucleus RTOS. Vehicle Telematics, Smart Buildings and Home Automation, Smart Healthcare, Digital Signage, Smart Factories, IoT Wearables, and Others are the applications that the Internet of Things (IoT) Operating Systems Market is categorised into, according to market research.
IOT Operating Systems Market Segmentation Overview:
The market is segmented based on service, organization size, verticals, operating system type, application, and region. The global IoT operating system market opportunities are expected to witness decent growth during the forecast period.
Based on the application, the market is segmented into Vehicle Telematics, Smart Buildings and Home Automation, Smart Healthcare, Digital Signage, Smart Factories, IoT Wearables, and Others.
Based on the propulsion types, the market is segmented into consumer electronics, information technology (IT), transportation & logistics, manufacturing, industrial automation, and others.
IOT Operating Systems Market Regional Analysis:
According to the reports, during the projection period from 2017 to 2023, the worldwide IoT Operating Systems Industry for IoT operating systems is expected to increase at a substantial pace, according to the research. An examination of the IoT operating systems market is being conducted in four regions: North America, Europe, Asia Pacific, and other parts of the globe. During the projected period, North America is likely to be the dominant region in the IoT operating systems market. Because of their mature and very well businesses, the corporations in the North American area are heavily focusing their efforts on research & development efforts and other related operations. As a consequence of the adoption of smart mobile networks and technical improvements by companies throughout North America, digitizing has occurred across all industrial verticals in the region.
Due to the obvious rapid development of the web, telecommunications, data centers, and the internet of things, the Asia Pacific market is likely to see fast expansion in the IoT operating systems market. Because data protection is a critical need for Internet of Things operating systems, businesses are looking for solutions that will allow them to evaluate software quality, identify and track security flaws in application code, and decrease risk exposures in the systems.
Significant players continue to innovate and make significant investments in technology in order to provide a cost-effective product selection. Current mergers and acquisitions have taken place among the important competitors, a tactic that commercial organizations are using to expand their access to clients.
In June 2016, ENEA AB released a new version of the newest edition of their real-time operating system, ENEA OSE. It allowed its business clients to make use of the full capabilities of current 64-bit multicore CPUs, including both terms of computationally demanding programs and the utilization of vast memory regions. The new version also provides ENEA's business customers with a sophisticated real-time operating system (RTOS) with exceptional real-time characteristics, implementation performance, program migration, and portable features.
By User Type:
By Application Area:
|Market Size||USD 17 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Organization Size, Verticals|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Google Inc. (U.S.), Apple Inc. (U.S.), ESOL Co. Ltd. (Japan), BlackBerry Limited (Canada), ARM Ltd. (U.K), Wittenstein (Germany), ENEA AB (Sweden), Mentor Graphics Corporation (U.S.), Green Hills Software (U.S.), SYSGO AG (Germany), Microsoft Corporation (U.S.), Wind River (U.S.), Silicon Labs (U.S.), Kaspersky Lab (Russia) and Canonical Ltd. (U.K).|
|Key Market Opportunities||
|Key Market Drivers||The major factor that is driving the market growth is increased adoption of IoT operating systems by small and medium enterprises. Another factor that is expected to drive the market is tremendous growth in bring your own device (BYOD) concept and online data sharing.|
The global IoT Operating Systems Market is expected to reach a significant market value of USD 17 billion by the end of 2027.
The global IoT operating systems market is projected to register a moderate 41% CAGR in the forecast period.
The managed services segment is slated to expand as the fastest-growing segment.
The IT segment is slated to expand as the fastest-growing segment.
A few major market players operating in the global IoT operating systems market are Google Inc. (U.S.), Apple Inc. (U.S.), ESOL Co. Ltd. (Japan), BlackBerry Limited (Canada), among others.