MESSAGES FROM THE MANAGEMENT:
WHY MRFR?
MRFR OFFERINGS
KEY TAKE AWAY
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 22
2 MARKET INTRODUCTION 25
2.1 DEFINITION 25
2.2 SCOPE OF THE STUDY 25
2.3 RESEARCH OBJECTIVE 25
2.4 MARKET STRUCTURE 26
3 RESEARCH METHODOLOGY 27
3.1 OVERVIEW 27
3.2 DATA FLOW 29
3.2.1 DATA MINING PROCESS 29
3.3 PURCHASED DATABASE: 30
3.4 SECONDARY SOURCES: 31
3.4.1 SECONDARY RESEARCH DATA FLOW: 32
3.5 PRIMARY RESEARCH: 33
3.5.1 PRIMARY RESEARCH DATA FLOW: 34
3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED 35
3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE 35
3.6 APPROACHES FOR MARKET SIZE ESTIMATION: 36
3.6.1 REVENUE ANALYSIS APPROACH 36
3.7 DATA FORECASTING 36
3.7.1 DATA FORECASTING TECHNIQUE 37
3.8 DATA MODELING 37
3.8.1 MICROECONOMIC FACTOR ANALYSIS: 37
3.8.2 DATA MODELING: 38
4 MARKET DYNAMICS 41
4.1 OVERVIEW 41
4.2 DRIVERS 42
4.2.1 RISE IN USE OF SMART CONNECTED DEVICES 42
4.2.2 INCREASE IN SHIFT TOWARDS CLOUD BASED DATA 42
4.2.3 NEED FOR EFFICIENT MANAGEMENT AND AUTOMATION OF BUSINESS PROCESSES 43
4.3 RESTRAINTS 44
4.3.1 ISSUE REGARDING SECURITY AND DATA BREACH 44
4.3.2 HIGH IMPLEMENTATION COSTS AND COMPLEXITY 45
4.3.3 ISSUE WITH RESPECT TO DATA CONSISTENCY AND INTEROPERABILITY ACROSS DIFFERENT EDGE PLATFORMS 45
4.4 OPPORTUNITIES 46
4.4.1 GROWTH IN SMART CITY PROJECTS 46
4.4.2 RISING DEMAND FROM VARIOUS INDUSTRY VERTICALS 47
4.4.3 INTEGRATION WITH EMERGING TECHNOLOGIES SUCH AS AI AND BLOCKCHAIN 48
4.5 CHALLENGES: 49
4.5.1 LACK OF TECHNICAL EXPERTISE 49
4.5.2 LATENCY AND BANDWIDTH LIMITATIONS 50
4.6 IMPACT ANALYSIS OF COVID-19 50
4.6.1 IMPACT ON VENDORS WORLDWIDE 50
4.6.2 IMPACT ON IOT SERVICE 51
4.6.3 IMPACT ON IT INDUSTRY 51
4.6.4 COVID-19 IMPACT ON SUPPLY CHAIN DELAYS 52
5 MARKET FACTOR ANALYSIS 53
5.1 SUPPLY CHAIN ANALYSIS 53
5.1.1 DEVELOPMENT AND SOURCING 53
5.1.2 DEPLOYMENT AND CONFIGURATION 54
5.1.3 OPERATION AND MAINTENANCE 54
5.1.4 END-USER 54
5.1.5 EVOLUTION AND INNOVATION 54
5.2 PORTER'S FIVE FORCES MODEL 55
5.2.1 THREAT OF NEW ENTRANTS 55
5.2.2 BARGAINING POWER OF SUPPLIERS 56
5.2.3 THREAT OF SUBSTITUTES 56
5.2.4 BARGAINING POWER OF BUYERS 56
5.2.5 INTENSITY OF RIVALRY 56
5.3 TRENDS 57
5.3.1 ADOPTION OF IOT 57
5.3.2 GROWTH OF AI AND ML 57
5.4 APPLICATION OF EDGE-TO-CLOUD 58
6 GLOBAL IOT PLATFORM MARKET, BY PLATFORM 61
6.1 OVERVIEW 61
6.2 IOT CONNECTIVITY PLATFORMS 63
6.3 IOT DEVICE MANAGEMENT PLATFORMS 63
6.4 IOT APPLICATION ENABLEMENT PLATFORMS 63
6.5 LOT ANALYTICS PLATFORMS 64
6.6 IOT HARDWARE DEVELOPMENT PLATFORMS 64
6.7 IOT INTEGRATION PLATFORMS 64
7 GLOBAL IOT PLATFORM MARKET, BY ORGANIZATION SIZE 65
7.1 OVERVIEW 65
7.2 SMALL & MEDIUM ENTERPRISES 66
7.3 LARGE ENTERPRISES 66
8 GLOBAL IOT PLATFORM MARKET, BY DEPLOYMENT MODEL 67
8.1 OVERVIEW 67
8.2 CLOUD 68
8.2.1 PUBLIC 69
8.2.2 PRIVATE 69
8.2.3 HYBRID 69
8.3 ON-PREMISES 69
9 GLOBAL IOT PLATFORM MARKET, BY APPLICATION 70
9.1 OVERVIEW 70
9.2 CONSUMER LOT 71
9.3 ENTERPRISE LOT 72
9.4 INDUSTRIAL LOT 72
10 GLOBAL IOT PLATFORM MARKET, BY END USE VERTICAL 73
10.1 OVERVIEW 73
10.2 SMART MANUFACTURING 75
10.3 SMART INFRASTRUCTURE 75
10.4 SMART GRID AND UTILITIES 76
10.5 CONNECTED HEALTHCARE 76
10.6 SMART RETAIL 76
10.7 SMART TRANSPORTATION 76
10.8 TELECOMMUNICATIONS 77
10.9 OTHERS (SMART EDUCATION, SMART AGRICULTURE, CONNECTED BANKING) 77
11 GLOBAL IOT PLATFORM MARKET, BY REGION 78
11.1 OVERVIEW 78
11.1.1 GLOBAL IOT PLATFORM MARKET, BY REGION, 2022 VS 2032 (USD BILLION) 78
11.1.2 GLOBAL IOT PLATFORM MARKET, BY REGION, 2019–2032 (USD BILLION) 79
11.2 NORTH AMERICA 79
11.2.1 NORTH AMERICA 81
11.2.2 US 83
11.2.3 CANADA 85
11.2.4 MEXICO 87
11.3 EUROPE 90
11.3.1 EUROPE 92
11.3.2 GERMANY 94
11.3.3 UK 96
11.3.4 FRANCE 98
11.3.5 SPAIN 100
11.3.6 ITALY 102
11.3.7 RUSSIA 104
11.3.8 REST OF EUROPE 106
11.4 ASIA-PACIFIC 108
11.4.1 ASIA PACIFIC 110
11.4.2 CHINA 112
11.4.3 INDIA 114
11.4.4 JAPAN 116
11.4.5 SOUTH KOREA 118
11.4.6 REST OF ASIA PACIFIC 120
11.5 MIDDLE EAST & AFRICA 122
11.5.1 MIDDLE EAST & AFRICA 123
11.6 SOUTH AMERICA 125
11.6.1 SOUTH AMERICA 125
12 COMPETITIVE LANDSCAPE 129
12.1 INTRODUCTION 129
12.2 MARKET SHARE ANALYSIS, 2022 130
12.3 COMPETITOR DASHBOARD 131
12.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 132
12.4.1 PRODUCT LAUNCH/PRODUCT APPROVAL/PRODUCT DEVELOPMET 132
12.4.2 PARTNERSHIP/INVESTMENT 133
13 COMPANY PROFILE 134
13.1 IBM 134
13.1.1 COMPANY OVERVIEW 134
13.1.2 FINANCIAL OVERVIEW 135
13.1.3 PRODUCTS OFFERED 136
13.1.4 KEY DEVELOPMENTS 136
13.1.5 SWOT ANALYSIS 136
13.1.6 KEY STRATEGIES 136
13.2 ORACLE 137
13.2.1 COMPANY OVERVIEW 137
13.2.2 FINANCIAL OVERVIEW 138
13.2.3 PRODUCTS OFFERED 138
13.2.4 KEY DEVELOPMENTS 139
13.2.5 SWOT ANALYSIS 139
13.2.6 KEY STRATEGIES 139
13.3 SALESFORCE INC 140
13.3.1 COMPANY OVERVIEW 140
13.3.2 FINANCIAL OVERVIEW 141
13.3.3 PRODUCTS OFFERED 141
13.3.4 KEY DEVELOPMENTS 142
13.3.5 SWOT ANALYSIS 142
13.3.6 KEY STRATEGIES 142
13.4 CISCO 143
13.4.1 COMPANY OVERVIEW 143
13.4.2 FINANCIAL OVERVIEW 144
13.4.3 PRODUCTS OFFERED 144
13.4.4 KEY DEVELOPMENTS 145
13.4.5 SWOT ANALYSIS 145
13.4.6 KEY STRATEGIES 145
13.5 GOOGLE 146
13.5.1 COMPANY OVERVIEW 146
13.5.2 FINANCIAL OVERVIEW 147
13.5.3 PRODUCTS OFFERED 147
13.5.4 KEY DEVELOPMENTS 147
13.5.5 SWOT ANALYSIS 148
13.5.6 KEY STRATEGIES 148
13.6 MICROSOFT 149
13.6.1 COMPANY OVERVIEW 149
13.6.2 FINANCIAL OVERVIEW 150
13.6.3 PRODUCTS OFFERED 150
13.6.4 KEY DEVELOPMENTS 150
13.6.5 SWOT ANALYSIS 151
13.6.6 KEY STRATEGIES 151
13.7 SAP 152
13.7.1 COMPANY OVERVIEW 152
13.7.2 FINANCIAL OVERVIEW 153
13.7.3 PRODUCTS OFFERED 153
13.7.4 KEY DEVELOPMENTS 154
13.7.5 SWOT ANALYSIS 154
13.7.6 KEY STRATEGIES 154
13.8 SEIMENS 155
13.8.1 COMPANY OVERVIEW 155
13.8.2 FINANCIAL OVERVIEW 156
13.8.3 PRODUCTS OFFERED 156
13.8.4 KEY DEVELOPMENTS 156
13.8.5 SWOT ANALYSIS 157
13.8.6 KEY STRATEGIES 157
13.9 ROBERT BOSH 158
13.9.1 COMPANY OVERVIEW 158
13.9.2 FINANCIAL OVERVIEW 159
13.9.3 PRODUCTS OFFERED 159
13.9.4 KEY DEVELOPMENTS 159
13.9.5 SWOT ANALYSIS 160
13.9.6 KEY STRATEGIES 160
13.10 SAMSUNG 161
13.10.1 COMPANY OVERVIEW 161
13.10.2 FINANCIAL OVERVIEW 162
13.10.3 PRODUCTS OFFERED 162
13.10.4 KEY DEVELOPMENTS 163
13.10.5 SWOT ANALYSIS 163
13.10.6 KEY STRATEGIES 163
13.11 TELIT 164
13.11.1 COMPANY OVERVIEW 164
13.11.2 FINANCIAL OVERVIEW 164
13.11.3 PRODUCTS OFFERED 165
13.11.4 KEY DEVELOPMENTS 165
13.12 AUTODESK 166
13.12.1 COMPANY OVERVIEW 166
13.12.2 FINANCIAL OVERVIEW 167
13.12.3 PRODUCTS OFFERED 167
13.12.4 KEY DEVELOPMENTS 167
13.12.5 SWOT ANALYSIS 168
13.12.6 KEY STRATEGIES 168
13.13 AWS 169
13.13.1 COMPANY OVERVIEW 169
13.13.2 FINANCIAL OVERVIEW 170
13.13.3 PRODUCTS OFFERED 170
13.13.4 KEY DEVELOPMENTS 171
13.13.5 SWOT ANALYSIS 172
13.13.6 KEY STRATEGIES 172
13.14 PTC 173
13.14.1 COMPANY OVERVIEW 173
13.14.2 FINANCIAL OVERVIEW 174
13.14.3 PRODUCTS OFFERED 174
13.14.4 KEY DEVELOPMENTS 175
13.14.5 SWOT ANALYSIS 175
13.14.6 KEY STRATEGIES 175
13.15 PARTICLE INDUSTRIES 176
13.15.1 COMPANY OVERVIEW 176
13.15.2 FINANCIAL OVERVIEW 176
13.15.3 PRODUCTS OFFERED 177
13.15.4 KEY DEVELOPMENTS 177
13.15.5 SWOT ANALYSIS 177
13.15.6 KEY STRATEGIES 178
13.16 DATA CITATIONS 180
LIST OF TABLES
TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 38
TABLE 2 GLOBAL IOT PLATFORM MARKET, BY PLATFORM, 2019-2032 (USD BILLION) 62
TABLE 3 GLOBAL IOT PLATFORM MARKET, BY ORGANIZATION SIZE, 2019-2032 (USD BILLION) 66
TABLE 4 GLOBAL IOT PLATFORM MARKET, BY DEPLOYMENT MODEL, 2019-2032 (USD BILLION) 68
TABLE 5 GLOBAL IOT PLATFORM MARKET, BY CLOUD, 2019-2032 (USD BILLION) 68
TABLE 6 GLOBAL IOT PLATFORM MARKET, BY APPLICATION, 2019-2032 (USD BILLION) 71
TABLE 7 GLOBAL IOT PLATFORM MARKET, BY END USE VERTICAL, 2019-2032 (USD BILLION) 74
TABLE 8 GLOBAL IOT PLATFORM MARKET, BY REGION, 2019–2032 (USD BILLION) 79
TABLE 9 NORTH AMERICA: IOT PLATFORM MARKET, BY COUNTRY, 2018-2032 (USD BILLION) 81
TABLE 10 NORTH AMERICA IOT PLATFORM MARKET, BY PLATFORM, 2019-2032 (USD BILLION) 81
TABLE 11 NORTH AMERICA IOT PLATFORM MARKET, BY ORGANIZATION SIZE, 2019-2032 (USD BILLION) 82
TABLE 12 NORTH AMERICA IOT PLATFORM MARKET, BY DEPLOYMENT MODEL, 2019-2032 (USD BILLION) 82
TABLE 13 NORTH AMERICA IOT PLATFORM MARKET, BY CLOUD, 2019-2032 (USD BILLION) 82
TABLE 14 NORTH AMERICA IOT PLATFORM MARKET, BY APPLICATION, 2019-2032 (USD BILLION) 82
TABLE 15 NORTH AMERICA IOT PLATFORM MARKET, BY END USE VERTICAL, 2019-2032 (USD BILLION) 83
TABLE 16 US IOT PLATFORM MARKET, BY PLATFORM, 2019-2032 (USD BILLION) 83
TABLE 17 US IOT PLATFORM MARKET, BY ORGANIZATION SIZE, 2019-2032 (USD BILLION) 84
TABLE 18 US IOT PLATFORM MARKET, BY DEPLOYMENT MODEL, 2019-2032 (USD BILLION) 84
TABLE 19 US IOT PLATFORM MARKET, BY CLOUD, 2019-2032 (USD BILLION) 84
TABLE 20 US IOT PLATFORM MARKET, BY APPLICATION, 2019-2032 (USD BILLION) 84
TABLE 21 US IOT PLATFORM MARKET, BY END USE VERTICAL, 2019-2032 (USD BILLION) 85
TABLE 22 CANADA IOT PLATFORM MARKET, BY PLATFORM, 2019-2032 (USD BILLION) 85
TABLE 23 CANADA IOT PLATFORM MARKET, BY ORGANIZATION SIZE, 2019-2032 (USD BILLION) 86
TABLE 24 CANADA IOT PLATFORM MARKET, BY DEPLOYMENT MODEL, 2019-2032 (USD BILLION) 86
TABLE 25 CANADA IOT PLATFORM MARKET, BY CLOUD, 2019-2032 (USD BILLION) 86
TABLE 26 CANADA IOT PLATFORM MARKET, BY APPLICATION, 2019-2032 (USD BILLION) 86
TABLE 27 CANADA IOT PLATFORM MARKET, BY END USE VERTICAL, 2019-2032 (USD BILLION) 87
TABLE 28 MEXICO IOT PLATFORM MARKET, BY PLATFORM, 2019-2032 (USD BILLION) 87
TABLE 29 MEXICO IOT PLATFORM MARKET, BY ORGANIZATION SIZE, 2019-2032 (USD BILLION) 88
TABLE 30 MEXICO IOT PLATFORM MARKET, BY DEPLOYMENT MODEL, 2019-2032 (USD BILLION) 88
TABLE 31 MEXICO IOT PLATFORM MARKET, BY CLOUD, 2019-2032 (USD BILLION) 88
TABLE 32 MEXICO IOT PLATFORM MARKET, BY APPLICATION, 2019-2032 (USD BILLION) 88
TABLE 33 MEXICO IOT PLATFORM MARKET, BY END USE VERTICAL, 2019-2032 (USD BILLION) 89
TABLE 34 EUROPE: IOT PLATFORM MARKET, BY COUNTRY, 2018-2032 (USD BILLION) 91
TABLE 35 EUROPE IOT PLATFORM MARKET, BY PLATFORM, 2019-2032 (USD BILLION) 92
TABLE 36 EUROPE IOT PLATFORM MARKET, BY ORGANIZATION SIZE, 2019-2032 (USD BILLION) 92
TABLE 37 EUROPE IOT PLATFORM MARKET, BY DEPLOYMENT MODEL, 2019-2032 (USD BILLION) 92
TABLE 38 EUROPE IOT PLATFORM MARKET, BY CLOUD, 2019-2032 (USD BILLION) 93
TABLE 39 EUROPE IOT PLATFORM MARKET, BY APPLICATION, 2019-2032 (USD BILLION) 93
TABLE 40 EUROPE IOT PLATFORM MARKET, BY END USE VERTICAL, 2019-2032 (USD BILLION) 93
TABLE 41 GERMANY IOT PLATFORM MARKET, BY PLATFORM, 2019-2032 (USD BILLION) 94
TABLE 42 GERMANY IOT PLATFORM MARKET, BY ORGANIZATION SIZE, 2019-2032 (USD BILLION) 94
TABLE 43 GERMANY IOT PLATFORM MARKET, BY DEPLOYMENT MODEL, 2019-2032 (USD BILLION) 94
TABLE 44 GERMANY IOT PLATFORM MARKET, BY CLOUD, 2019-2032 (USD BILLION) 95
TABLE 45 GERMANY IOT PLATFORM MARKET, BY APPLICATION, 2019-2032 (USD BILLION) 95
TABLE 46 GERMANY IOT PLATFORM MARKET, BY END USE VERTICAL, 2019-2032 (USD BILLION) 95
TABLE 47 UK IOT PLATFORM MARKET, BY PLATFORM, 2019-2032 (USD BILLION) 96
TABLE 48 UK IOT PLATFORM MARKET, BY ORGANIZATION SIZE, 2019-2032 (USD BILLION) 96
TABLE 49 UK IOT PLATFORM MARKET, BY DEPLOYMENT MODEL, 2019-2032 (USD BILLION) 96
TABLE 50 UK IOT PLATFORM MARKET, BY CLOUD, 2019-2032 (USD BILLION) 97
TABLE 51 UK IOT PLATFORM MARKET, BY APPLICATION, 2019-2032 (USD BILLION) 97
TABLE 52 UK IOT PLATFORM MARKET, BY END USE VERTICAL, 2019-2032 (USD BILLION) 97
TABLE 53 FRANCE IOT PLATFORM MARKET, BY PLATFORM, 2019-2032 (USD BILLION) 98
TABLE 54 FRANCE IOT PLATFORM MARKET, BY ORGANIZATION SIZE, 2019-2032 (USD BILLION) 98
TABLE 55 FRANCE IOT PLATFORM MARKET, BY DEPLOYMENT MODEL, 2019-2032 (USD BILLION) 98
TABLE 56 FRANCE IOT PLATFORM MARKET, BY CLOUD, 2019-2032 (USD BILLION) 99
TABLE 57 FRANCE IOT PLATFORM MARKET, BY APPLICATION, 2019-2032 (USD BILLION) 99