Global IoT Platform Market 2017-2021

  • ID: 4255100
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Accenture
  • Alcatel-Lucent (Nokia)
  • Amazon Web Services (AWS)
  • Apple
  • AT&T
  • Atos
  • MORE
IoT is a network of physical devices, machines, and sensors integrated into everyday objects connected to the Internet for effective data communications. It creates smart communication environments such as shopping, smart homes, transportation, and healthcare. IoT enhances operational efficiency by increasing the speed of communications over the existing infrastructure and, in turn, improves business productivity in any industrial setup. We expect IoT to have a positive impact on industries such as healthcare, manufacturing, retail, energy and utility, transportation and logistics, and information and communications technology (ICT).

The analysts forecast the global IoT Platform market to grow at a CAGR of 31.79% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global IoT platform market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of IoT subscriptions to clients by IoT platform vendors and excludes aftermarket services market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

This report, Global IoT Platform Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors:

- Alcatel-Lucent (Nokia)
- Amazon Web Services (AWS)
- AT&T
- Cisco Systems
- Microsoft Corporation

Other prominent vendors:

- Axiros
- Accenture
- Apple
- Atos
- Bosch (Bosch Software Innovations)
- Echelon
- Oracle

Market drivers:

- Large-scale benefits of using IoT devices driving IoT platform market
- For a full, detailed list, view the full report

Market challenges:

- Growing privacy and security concerns
- For a full, detailed list, view the full report

Market trends:

- Development of an open Wi-Fi network
- For a full, detailed list, view the full report

Key questions answered in this report:

- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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FEATURED COMPANIES

  • Accenture
  • Alcatel-Lucent (Nokia)
  • Amazon Web Services (AWS)
  • Apple
  • AT&T
  • Atos
  • MORE
Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by end-user
  • Global IoT platform market by end-user
Part 07: Geographical segmentation
  • Global IoT platform market by geography
  • APAC
  • EMEA
  • Americas
Part 08: Decision framework

Part 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
Part 10: Market trends
  • Development of an open Wi-Fi network
  • Growing diversity in IoT standards
  • Industrial Internet revolution
  • Investments in IoT startups
Part 11: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
  • Key vendors
Part 12: Appendix

List of abbreviations

List of Exhibits
Exhibit 01: IoT system: Major components
Exhibit 02: IoT value chain
Exhibit 03: Global IoT devices market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global IoT platform market by end-user 2016-2021 (% share)
Exhibit 06: Global IoT platform market by end-user 2016-2021 ($ millions)
Exhibit 07: Global IoT platform market by geography 2016-2021
Exhibit 08: Global IoT platform market by geography 2016-2021 ($ millions)
Exhibit 09: IoT platform market in APAC 2016-2021 ($ millions)
Exhibit 10: IoT platform market in EMEA 2016-2021 ($ millions)
Exhibit 11: IoT platform market in Americas 2016-2021 ($ millions)
Exhibit 12: Major advantages of using or being connected to the IoT network
Exhibit 13: Global smart home market 2016-2021 ($ billions)
Exhibit 14: Smart home penetration: Regional share 2016-2021
Exhibit 15: Impact of drivers
Exhibit 16: Impact of drivers
Exhibit 17: Impact of challenges
Exhibit 18: Impact of challenges
Exhibit 19: Other prominent vendors
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FEATURED COMPANIES

  • Accenture
  • Alcatel-Lucent (Nokia)
  • Amazon Web Services (AWS)
  • Apple
  • AT&T
  • Atos
  • MORE
New Research Report - Global IoT Platform Market 2017-2021

The following companies are recognised as the key players in the global IoT platform market: Alcatel-Lucent (Nokia), Amazon Web Services (AWS), AT&T, Cisco Systems, and Microsoft Corporation.

Other Prominent Vendors in the market are: Axiros, Accenture, Apple, Atos, Bosch (Bosch Software Innovations), Echelon, and Oracle.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is development of an open Wi-Fi network. OpenWireless.org is a cyber activist group seeking to improve the Internet connectivity and access by encouraging sharing among users. The organization has developed a software that can convert the wireless router of the mobile device into a wireless access point. If people accept and adopt this idea, then a ubiquitous public wireless network can be created. This would help improve network connectivity as wireless devices send signals over a shorter distance (reducing network congestion) and allow more people to connect to the same frequency simultaneously.”

According to the report, one of the major drivers for this market is large-scale benefits of using IoT devices driving IoT platform market. The growing emphasis on a connected environment has resulted in IoT being one of the most rapidly growing markets. An estimated 35 billion devices are expected to be a part of this connected environment by 2021. IoT devices collect data through sensors and actuators, transmitting it to a centralized location on a real-time basis. This empowers the end-user to make informed decisions. The adoption of IoT devices is rising across market segments such as consumer electronics, automotive, and medical. An increasing number of organizations, industries, and technologists are adopting the Internet of Things (IoT) because of its potential applications and numerous advantages.

Further, the report states that one of the major factors hindering the growth of this market is growing privacy and security concerns. Security is the foremost concern for individual consumers and enterprises purchasing IoT devices. Connecting the physical world to the digital world requires the highest security standards to minimize the impact of cyber security hacks. This is a major deterrent for the market as most people are not totally confident about integrating such technologies into the different devices they own. For instance, hacking of smart meters within an energy grid can result in major blackouts. A case of a hacked refrigerator was registered in the US.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.n
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  • Alcatel-Lucent (Nokia)
  • Amazon Web Services (AWS)
  • AT&T
  • Cisco Systems
  • Microsoft Corporation
  • Axiros
  • Accenture
  • Apple
  • Atos
  • Bosch (Bosch Software Innovations)
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