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(EMAILWIRE.COM, September 26, 2018 ) The Global IoT Cloud Platform Market is accounted for $1.98 billion in 2016 and expected to grow at a CAGR of 32.1% to reach $13.96 billion by 2023. Factors such as are low-cost wireless connectivity, growth in automotive sector & utilities, increasing demand for system integrators, data driven smart cities, evolution of high-speed networking technologies and increasing adoption of connected and intelligent devices are driving the market growth. However, shortage of IoT technology skills, lack of data management and interoperability and dearth of data security and privacy are hampering the market growth.
Some of the key players in Global IoT Cloud Platform market are:
· International Business Machine Corporation,
· Mircosoft Corporation,
· Oracle Corporation,
· SAP SE,
· Amazon Web Services, Inc,
· Google Inc,
· Salesforce.Com,
· PTC,
· AT&T,
· Cisco Systems Inc.,
· Samsung Electronics Co. Ltd
· General Electric Company.
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Based on Application, in Smart City, solutions contain wide variety of sensors and data sources. These include temperature, humidity, noise, gas, and motion sensors, cameras, mobile devices, network sniffers, smart meters, water meters and other devices that collectively monitor and optimize city operations while enhancing services. The smart waste collection technology sector is still in an early phase, but Smart Bins have now started to be used for waste collecting.
North America is expected to dominate the market share during the forecast period owing to increased investment and early adoption of technology by several industries. Asia Pacific is anticipated to grow at the highest CAGR which can be attributed to the rise in manufacturing automation and retail establishments.
Services Covered:
Managed Services
Professional Services
Deployment Models Covered:
Public Deployment Model
Hybrid Deployment Model
Private Deployment Model
Organizations Covered:
Large Enterprise
Small and Medium Businesses
Platforms Covered:
Application Enablement Platform
Device Management
Connectivity Management
Applications Covered:
Connected Logistics
Connected Transportation
Healthcare
Home Automation
Industrial Automation
Smart Agriculture
Smart City
Smart Retail
Wearable Technology
Other Applications
Regions Covered:
North America
Europe
Asia Pacific
South America
Middle East & Africa
To Know More Details about Top Key Players, Table of Content & List of Figures you can Visit @ https://www.researchformarkets.com/reports/iot-cloud-platform-global-market-5194
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global IoT Cloud Platform Market, By Service
6 Global IoT Cloud Platform Market, By Deployment Model
7 Global IoT Cloud Platform Market, By Organization
8 Global IoT Cloud Platform Market, By Platform
9 Global IoT Cloud Platform Market, By Application
10 Global IoT Cloud Platform Market, By Geography
11 Key Developments
12 Company Profiling
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Source: EmailWire.Com
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