Global Internet of Things (IoT) Cloud Platform Market to Reach $17.4 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Internet of Things (IoT) Cloud Platform estimated at US$7.9 Billion in the year 2020, is projected to reach a revised size of US$17.4 Billion by 2027, growing at a CAGR of 11.9% over the analysis period 2020-2027. Platform, one of the segments analyzed in the report, is projected to record 11.7% CAGR and reach US$11.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 12.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 11.4% CAGR
The Internet of Things (IoT) Cloud Platform market in the U.S. is estimated at US$2.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2027 trailing a CAGR of 11.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.4% and 10.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.6% CAGR.Select Competitors (Total 154 Featured) -
- Alibaba Cloud
- At&T
- Autodesk
- AWS
- Bosch.Io
- Cisco Systems
- GE Digital
- IBM
- Microsoft
- Oracle
- Particle
- PTC
- Salesforce.Com
- Samsung
- SAP
- Siemens
- Telit
- Ubidots
- Zoho Corporation
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Frequently Asked Questions about the Global Market for Internet of Things (IoT) Cloud Platform
What is the estimated value of the Global Market for Internet of Things (IoT) Cloud Platform?
The Global Market for Internet of Things (IoT) Cloud Platform was estimated to be valued at $7.9 Billion in 2020.
What is the growth rate of the Global Market for Internet of Things (IoT) Cloud Platform?
The growth rate of the Global Market for Internet of Things (IoT) Cloud Platform is 11.9%, with an estimated value of $17.4 Billion by 2027.
What is the forecasted size of the Global Market for Internet of Things (IoT) Cloud Platform?
The Global Market for Internet of Things (IoT) Cloud Platform is estimated to be worth $17.4 Billion by 2027.
Who are the key companies in the Global Market for Internet of Things (IoT) Cloud Platform?
Key companies in the Global Market for Internet of Things (IoT) Cloud Platform include Alibaba Cloud, At&T, Autodesk, AWS, Bosch.Io, Cisco Systems, GE Digital, Google and Microsoft.
| Report Attribute | Details |
|---|---|
| No. of Pages | 149 |
| Published | October 2022 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 7.9 Billion |
| Forecasted Market Value ( USD | $ 17.4 Billion |
| Compound Annual Growth Rate | 11.9% |
| Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Internet of Things (IoT) Cloud Platform - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 2: World 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
- Table 3: World Recent Past, Current & Future Analysis for Platform by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 4: World 7-Year Perspective for Platform by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 5: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 6: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 7: World Recent Past, Current & Future Analysis for Building & Home Automation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 8: World 7-Year Perspective for Building & Home Automation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 9: World Recent Past, Current & Future Analysis for Smart Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 10: World 7-Year Perspective for Smart Manufacturing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 11: World Recent Past, Current & Future Analysis for Smart Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 12: World 7-Year Perspective for Smart Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 13: World Recent Past, Current & Future Analysis for Connected Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 14: World 7-Year Perspective for Connected Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 15: World Recent Past, Current & Future Analysis for Smart Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 16: World 7-Year Perspective for Smart Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 17: World Recent Past, Current & Future Analysis for Smart Grid & Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 18: World 7-Year Perspective for Smart Grid & Utilities by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 19: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 20: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
- Table 21: World Internet of Things (IoT) Cloud Platform Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
UNITED STATES
- Internet of Things (IoT) Cloud Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
- Table 22: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 23: USA 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 24: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 25: USA 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
CANADA
- Table 26: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 27: Canada 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 28: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 29: Canada 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
JAPAN
- Internet of Things (IoT) Cloud Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
- Table 30: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 31: Japan 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 32: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 33: Japan 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
CHINA
- Internet of Things (IoT) Cloud Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
- Table 34: China Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 35: China 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 36: China Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 37: China 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
EUROPE
- Internet of Things (IoT) Cloud Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
- Table 38: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- Table 39: Europe 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
- Table 40: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 41: Europe 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 42: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 43: Europe 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
FRANCE
- Internet of Things (IoT) Cloud Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
- Table 44: France Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 45: France 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 46: France Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 47: France 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
GERMANY
- Internet of Things (IoT) Cloud Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
- Table 48: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 49: Germany 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 50: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 51: Germany 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
ITALY
- Table 52: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 53: Italy 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 54: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 55: Italy 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
UNITED KINGDOM
- Internet of Things (IoT) Cloud Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
- Table 56: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 57: UK 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 58: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 59: UK 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
REST OF EUROPE
- Table 60: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 61: Rest of Europe 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 62: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 63: Rest of Europe 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
ASIA-PACIFIC
- Internet of Things (IoT) Cloud Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
- Table 64: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 65: Asia-Pacific 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 66: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 67: Asia-Pacific 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
REST OF WORLD
- Table 68: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Component - Platform and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 69: Rest of World 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Component - Percentage Breakdown of Value Sales for Platform and Services for the Years 2021 & 2027
- Table 70: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) Cloud Platform by Application - Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
- Table 71: Rest of World 7-Year Perspective for Internet of Things (IoT) Cloud Platform by Application - Percentage Breakdown of Value Sales for Building & Home Automation, Smart Manufacturing, Smart Transportation, Connected Healthcare, Smart Retail, Smart Grid & Utilities and Other Applications for the Years 2021 & 2027
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alibaba Cloud
- At&T
- Autodesk
- AWS
- Bosch.Io
- Cisco Systems
- GE Digital
- IBM
- Microsoft
- Oracle
- Particle
- PTC
- Salesforce.Com
- Samsung
- SAP
- Siemens
- Telit
- Ubidots
- Zoho Corporation
