The Latin America, Middle East and Africa IoT Cloud Platform Market would witness market growth of 18.2% CAGR during the forecast period (2022-2028).
In order to accelerate the adoption of connectivity of device along with IoT platform connectivity across goods, the demand for secure connecting technologies is continuously rising. Additionally, a robust IoT management platform that provides insight into data usage in real-time, custom content filters, and policy control management for improved multi-network flexibility and security is slowly becoming more in demand, which is fueling the market's expansion.
The majority of IoT platform suppliers also include services that let administrators manage numerous accounts and networks across all devices, as well as easy-to-use firewalls, web filtering, and next-generation virus detection tools. Furthermore, there is a huge market demand for interoperable wireless devices that are small and affordable, which allows for communication between these gadgets and people.
The expansion of many connected devices along with their use in smart cities, smart homes, smart agriculture, smart healthcare, and smart traffic characterize the market environment. Many organizations have received technologies that have assisted them in enabling the IoT through their operations, business processes, and goods as a result of the increased onboarding of corporate brands from the EV and cold supply chain industry. IoT cloud platforms are becoming more important, as seen by the significant investments businesses are making in upgrading their platforms.
Dubai's IoT strategy is to build the most technologically advanced IoT ecosystem in the smartest city in the world to improve living. Government departments are encouraged to participate in the Emirate's smart dynamic transformation and achieve the goal of the Smart Dubai Plan, which is to transition to a 100% paperless government by 2024. High digitalization is being performed as part of their strategy to protect Dubai's digital treasure. Management, acceleration, monetization, government, deployment, and security are included in its six strategic spheres. The expansion of the regional market would experience a rise in the coming future due to the increasing government initiatives in the creation of IoT-based smart environments.
The Brazil market dominated the LAMEA IoT Cloud Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $753 Million by 2028.The Argentina market is experiencing a CAGR of 18.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 17.9% during (2022 - 2028).
Based on Application, the market is segmented into Industrial Automation & Smart Manufacturing, Smart Infrastructure, Automotive, Healthcare, Retail & E-commerce, BFSI and Others. Based on Organization Size, the market is segmented into Large Size Organizations and Small & Medium Sized Organizations. Based on Offering, the market is segmented into Platform (Without Services) and Services. Based on Platform Type, the market is segmented into Device Management, Connectivity & Communication and Analytics. Based on Deployment Type, the market is segmented into Commercial, Private and Hybrid. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Microsoft Corporation, Google LLC, Cisco Systems, Inc., IBM Corporation, Oracle Corporation, Salesforce, Inc., Siemens AG, Alibaba Group Holding Limited, and Robert Bosch GmbH.
In order to accelerate the adoption of connectivity of device along with IoT platform connectivity across goods, the demand for secure connecting technologies is continuously rising. Additionally, a robust IoT management platform that provides insight into data usage in real-time, custom content filters, and policy control management for improved multi-network flexibility and security is slowly becoming more in demand, which is fueling the market's expansion.
The majority of IoT platform suppliers also include services that let administrators manage numerous accounts and networks across all devices, as well as easy-to-use firewalls, web filtering, and next-generation virus detection tools. Furthermore, there is a huge market demand for interoperable wireless devices that are small and affordable, which allows for communication between these gadgets and people.
The expansion of many connected devices along with their use in smart cities, smart homes, smart agriculture, smart healthcare, and smart traffic characterize the market environment. Many organizations have received technologies that have assisted them in enabling the IoT through their operations, business processes, and goods as a result of the increased onboarding of corporate brands from the EV and cold supply chain industry. IoT cloud platforms are becoming more important, as seen by the significant investments businesses are making in upgrading their platforms.
Dubai's IoT strategy is to build the most technologically advanced IoT ecosystem in the smartest city in the world to improve living. Government departments are encouraged to participate in the Emirate's smart dynamic transformation and achieve the goal of the Smart Dubai Plan, which is to transition to a 100% paperless government by 2024. High digitalization is being performed as part of their strategy to protect Dubai's digital treasure. Management, acceleration, monetization, government, deployment, and security are included in its six strategic spheres. The expansion of the regional market would experience a rise in the coming future due to the increasing government initiatives in the creation of IoT-based smart environments.
The Brazil market dominated the LAMEA IoT Cloud Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $753 Million by 2028.The Argentina market is experiencing a CAGR of 18.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 17.9% during (2022 - 2028).
Based on Application, the market is segmented into Industrial Automation & Smart Manufacturing, Smart Infrastructure, Automotive, Healthcare, Retail & E-commerce, BFSI and Others. Based on Organization Size, the market is segmented into Large Size Organizations and Small & Medium Sized Organizations. Based on Offering, the market is segmented into Platform (Without Services) and Services. Based on Platform Type, the market is segmented into Device Management, Connectivity & Communication and Analytics. Based on Deployment Type, the market is segmented into Commercial, Private and Hybrid. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Microsoft Corporation, Google LLC, Cisco Systems, Inc., IBM Corporation, Oracle Corporation, Salesforce, Inc., Siemens AG, Alibaba Group Holding Limited, and Robert Bosch GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Industrial Automation & Smart Manufacturing
- Smart Infrastructure
- Automotive
- Healthcare
- Retail & E-commerce
- BFSI
- Others
By Organization Size
- Large Size Organizations
- Small & Medium Sized Organizations
By Offering
- Platform (Without Services)
- Device Management
- Connectivity & Communication
- Analytics
- Services
By Deployment Type
- Commercial
- Private
- Hybrid
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC
- Cisco Systems, Inc
- IBM Corporation
- Oracle Corporation
- Salesforce, Inc
- Siemens AG
- Alibaba Group Holding Limited
- Robert Bosch GmbH
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA IoT Cloud Platform Market, by Application
1.4.2 LAMEA IoT Cloud Platform Market, by Organization Size
1.4.3 LAMEA IoT Cloud Platform Market, by Offering
1.4.4 LAMEA IoT Cloud Platform Market, by Deployment Type
1.4.5 LAMEA IoT Cloud Platform Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Apr - 2022, Dec) Leading Players
Chapter 4. LAMEA IoT Cloud Platform Market by Application
4.1 LAMEA Industrial Automation & Smart Manufacturing Market by Country
4.2 LAMEA Smart Infrastructure Market by Country
4.3 LAMEA Automotive Market by Country
4.4 LAMEA Healthcare Market by Country
4.5 LAMEA Retail & E-commerce Market by Country
4.6 LAMEA BFSI Market by Country
4.7 LAMEA Others Market by Country
Chapter 5. LAMEA IoT Cloud Platform Market by Organization Size
5.1 LAMEA Large Size Organizations Market by Country
5.2 LAMEA Small & Medium Sized Organizations Market by Country
Chapter 6. LAMEA IoT Cloud Platform Market by Offering
6.1 LAMEA Platform (Without Services) Market by Country
6.2 LAMEA IoT Cloud Platform Market by Platform Type
6.2.1 LAMEA Device Management Market by Country
6.2.2 LAMEA Connectivity & Communication Market by Country
6.2.3 LAMEA Analytics Market by Country
6.3 LAMEA Services Market by Country
Chapter 7. LAMEA IoT Cloud Platform Market by Deployment Type
7.1 LAMEA Commercial Market by Country
7.2 LAMEA Private Market by Country
7.3 LAMEA Hybrid Market by Country
Chapter 8. LAMEA IoT Cloud Platform Market by Country
8.1 Brazil IoT Cloud Platform Market
8.1.1 Brazil IoT Cloud Platform Market by Application
8.1.2 Brazil IoT Cloud Platform Market by Organization Size
8.1.3 Brazil IoT Cloud Platform Market by Offering
8.1.3.1 Brazil IoT Cloud Platform Market by Platform Type
8.1.4 Brazil IoT Cloud Platform Market by Deployment Type
8.2 Argentina IoT Cloud Platform Market
8.2.1 Argentina IoT Cloud Platform Market by Application
8.2.2 Argentina IoT Cloud Platform Market by Organization Size
8.2.3 Argentina IoT Cloud Platform Market by Offering
8.2.3.1 Argentina IoT Cloud Platform Market by Platform Type
8.2.4 Argentina IoT Cloud Platform Market by Deployment Type
8.3 UAE IoT Cloud Platform Market
8.3.1 UAE IoT Cloud Platform Market by Application
8.3.2 UAE IoT Cloud Platform Market by Organization Size
8.3.3 UAE IoT Cloud Platform Market by Offering
8.3.3.1 UAE IoT Cloud Platform Market by Platform Type
8.3.4 UAE IoT Cloud Platform Market by Deployment Type
8.4 Saudi Arabia IoT Cloud Platform Market
8.4.1 Saudi Arabia IoT Cloud Platform Market by Application
8.4.2 Saudi Arabia IoT Cloud Platform Market by Organization Size
8.4.3 Saudi Arabia IoT Cloud Platform Market by Offering
8.4.3.1 Saudi Arabia IoT Cloud Platform Market by Platform Type
8.4.4 Saudi Arabia IoT Cloud Platform Market by Deployment Type
8.5 South Africa IoT Cloud Platform Market
8.5.1 South Africa IoT Cloud Platform Market by Application
8.5.2 South Africa IoT Cloud Platform Market by Organization Size
8.5.3 South Africa IoT Cloud Platform Market by Offering
8.5.3.1 South Africa IoT Cloud Platform Market by Platform Type
8.5.4 South Africa IoT Cloud Platform Market by Deployment Type
8.6 Nigeria IoT Cloud Platform Market
8.6.1 Nigeria IoT Cloud Platform Market by Application
8.6.2 Nigeria IoT Cloud Platform Market by Organization Size
8.6.3 Nigeria IoT Cloud Platform Market by Offering
8.6.3.1 Nigeria IoT Cloud Platform Market by Platform Type
8.6.4 Nigeria IoT Cloud Platform Market by Deployment Type
8.7 Rest of LAMEA IoT Cloud Platform Market
8.7.1 Rest of LAMEA IoT Cloud Platform Market by Application
8.7.2 Rest of LAMEA IoT Cloud Platform Market by Organization Size
8.7.3 Rest of LAMEA IoT Cloud Platform Market by Offering
8.7.3.1 Rest of LAMEA IoT Cloud Platform Market by Platform Type
8.7.4 Rest of LAMEA IoT Cloud Platform Market by Deployment Type
Chapter 9. Company Profiles
9.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Product Launches and Product Expansions:
9.1.5 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Google LLC
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Cisco Systems, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 IBM Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional & Segmental Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 Salesforce.com, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Siemens AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.5.3 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Robert Bosch GmbH
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Alibaba Group Holding Limited
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental Analysis
9.10.4 Recent strategies and developments:
9.10.4.1 Partnerships, Collaborations, and Agreements:
9.10.4.2 Product Launches and Product Expansions:
Companies Mentioned
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC
- Cisco Systems, Inc.
- IBM Corporation
- Oracle Corporation
- Salesforce, Inc.
- Siemens AG
- Alibaba Group Holding Limited
- Robert Bosch GmbH
Methodology
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