The Asia Pacific IoT Cloud Platform Market would witness market growth of 15.1% CAGR during the forecast period (2022-2028).
The IoT market is expanding as a result of improvements in industrial-grade digital technology, rising interest in cloud-based IoT software, and growing need for better supply chain and customer relationship management. In addition to offering smart gadgets to automate houses, which are increasingly becoming customers' top preferences, IoT lets people live and work intelligently and even acquire complete control over their life.
IoT also offers organizations real-time views of how their systems function, giving them information on anything from the performance of machines to supply chain and logistics activities. Additionally, it decreases waste, improves service delivery, lowers the cost of manufacturing and shipping items, and even offers transparency into customer transactions, creating appealing potential for market expansion.
IoT is expanding its capabilities in cold chain monitoring for food and pharmaceutical products that require precise temperature control. Retailers employ IoT to avoid security problems and install IoT-capable devices that can fend off obstructions in their storage facilities and retail locations. For instance, a RELX company opened its first flagship location in China in 2020 and equipped it with facial recognition cameras that can notify workers when a questionable person enters the store.
The countries in Asia Pacific are also taking bold first steps to improve their IT infrastructures, enabling commercial users to adopt cutting-edge technologies. Improved service quality is the focus of certain extensively adopted government programs. This region, which is the most urbanized on the planet, is home to numerous developing economies who are engaging in extreme urbanization. By creating data gathering systems and integrating sophisticated analytics capabilities into the current system, communication service providers and manufacturers in the Asia Pacific region are diversifying their portfolios to increase revenue from IoT possibilities. These factors will have a positive impact on the regional IoT cloud platform market's growth.
The China market dominated the Asia Pacific IoT Cloud Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,146.7 Million by 2028.The Japan market is estimated to grow a CAGR of 14.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 15.7% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
The IoT market is expanding as a result of improvements in industrial-grade digital technology, rising interest in cloud-based IoT software, and growing need for better supply chain and customer relationship management. In addition to offering smart gadgets to automate houses, which are increasingly becoming customers' top preferences, IoT lets people live and work intelligently and even acquire complete control over their life.
IoT also offers organizations real-time views of how their systems function, giving them information on anything from the performance of machines to supply chain and logistics activities. Additionally, it decreases waste, improves service delivery, lowers the cost of manufacturing and shipping items, and even offers transparency into customer transactions, creating appealing potential for market expansion.
IoT is expanding its capabilities in cold chain monitoring for food and pharmaceutical products that require precise temperature control. Retailers employ IoT to avoid security problems and install IoT-capable devices that can fend off obstructions in their storage facilities and retail locations. For instance, a RELX company opened its first flagship location in China in 2020 and equipped it with facial recognition cameras that can notify workers when a questionable person enters the store.
The countries in Asia Pacific are also taking bold first steps to improve their IT infrastructures, enabling commercial users to adopt cutting-edge technologies. Improved service quality is the focus of certain extensively adopted government programs. This region, which is the most urbanized on the planet, is home to numerous developing economies who are engaging in extreme urbanization. By creating data gathering systems and integrating sophisticated analytics capabilities into the current system, communication service providers and manufacturers in the Asia Pacific region are diversifying their portfolios to increase revenue from IoT possibilities. These factors will have a positive impact on the regional IoT cloud platform market's growth.
The China market dominated the Asia Pacific IoT Cloud Platform Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,146.7 Million by 2028.The Japan market is estimated to grow a CAGR of 14.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 15.7% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific IoT Cloud Platform Market, by Application
1.4.2 Asia Pacific IoT Cloud Platform Market, by Organization Size
1.4.3 Asia Pacific IoT Cloud Platform Market, by Offering
1.4.4 Asia Pacific IoT Cloud Platform Market, by Deployment Type
1.4.5 Asia Pacific 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. Asia Pacific IoT Cloud Platform Market by Application
4.1 Asia Pacific Industrial Automation & Smart Manufacturing Market by Country
4.2 Asia Pacific Smart Infrastructure Market by Country
4.3 Asia Pacific Automotive Market by Country
4.4 Asia Pacific Healthcare Market by Country
4.5 Asia Pacific Retail & E-commerce Market by Country
4.6 Asia Pacific BFSI Market by Country
4.7 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific IoT Cloud Platform Market by Organization Size
5.1 Asia Pacific Large Size Organizations Market by Country
5.2 Asia Pacific Small & Medium Sized Organizations Market by Country
Chapter 6. Asia Pacific IoT Cloud Platform Market by Offering
6.1 Asia Pacific Platform (Without Services) Market by Country
6.2 Asia Pacific IoT Cloud Platform Market by Platform Type
6.2.1 Asia Pacific Device Management Market by Country
6.2.2 Asia Pacific Connectivity & Communication Market by Country
6.2.3 Asia Pacific Analytics Market by Country
6.3 Asia Pacific Services Market by Country
Chapter 7. Asia Pacific IoT Cloud Platform Market by Deployment Type
7.1 Asia Pacific Commercial Market by Country
7.2 Asia Pacific Private Market by Country
7.3 Asia Pacific Hybrid Market by Country
Chapter 8. Asia Pacific IoT Cloud Platform Market by Country
8.1 China IoT Cloud Platform Market
8.1.1 China IoT Cloud Platform Market by Application
8.1.2 China IoT Cloud Platform Market by Organization Size
8.1.3 China IoT Cloud Platform Market by Offering
8.1.3.1 China IoT Cloud Platform Market by Platform Type
8.1.4 China IoT Cloud Platform Market by Deployment Type
8.2 Japan IoT Cloud Platform Market
8.2.1 Japan IoT Cloud Platform Market by Application
8.2.2 Japan IoT Cloud Platform Market by Organization Size
8.2.3 Japan IoT Cloud Platform Market by Offering
8.2.3.1 Japan IoT Cloud Platform Market by Platform Type
8.2.4 Japan IoT Cloud Platform Market by Deployment Type
8.3 India IoT Cloud Platform Market
8.3.1 India IoT Cloud Platform Market by Application
8.3.2 India IoT Cloud Platform Market by Organization Size
8.3.3 India IoT Cloud Platform Market by Offering
8.3.3.1 India IoT Cloud Platform Market by Platform Type
8.3.4 India IoT Cloud Platform Market by Deployment Type
8.4 South Korea IoT Cloud Platform Market
8.4.1 South Korea IoT Cloud Platform Market by Application
8.4.2 South Korea IoT Cloud Platform Market by Organization Size
8.4.3 South Korea IoT Cloud Platform Market by Offering
8.4.3.1 South Korea IoT Cloud Platform Market by Platform Type
8.4.4 South Korea IoT Cloud Platform Market by Deployment Type
8.5 Singapore IoT Cloud Platform Market
8.5.1 Singapore IoT Cloud Platform Market by Application
8.5.2 Singapore IoT Cloud Platform Market by Organization Size
8.5.3 Singapore IoT Cloud Platform Market by Offering
8.5.3.1 Singapore IoT Cloud Platform Market by Platform Type
8.5.4 Singapore IoT Cloud Platform Market by Deployment Type
8.6 Malaysia IoT Cloud Platform Market
8.6.1 Malaysia IoT Cloud Platform Market by Application
8.6.2 Malaysia IoT Cloud Platform Market by Organization Size
8.6.3 Malaysia IoT Cloud Platform Market by Offering
8.6.3.1 Malaysia IoT Cloud Platform Market by Platform Type
8.6.4 Malaysia IoT Cloud Platform Market by Deployment Type
8.7 Rest of Asia Pacific IoT Cloud Platform Market
8.7.1 Rest of Asia Pacific IoT Cloud Platform Market by Application
8.7.2 Rest of Asia Pacific IoT Cloud Platform Market by Organization Size
8.7.3 Rest of Asia Pacific IoT Cloud Platform Market by Offering
8.7.3.1 Rest of Asia Pacific IoT Cloud Platform Market by Platform Type
8.7.4 Rest of Asia Pacific 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
LOADING...
