IoT Cloud Platform Market - Global Forecast to 2022

“The evolution of high speed networking technology across the globe and the increasing adoption of connected and intelligent devices are some of the factors expected to drive the Internet of Things (IoT) cloud platform market”

The IoT cloud platform market size is estimated to grow from USD 1.88 billion in 2016 to USD 7.15 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 30.6%. The growth is attributed to the increasing adoption of smart devices by consumers all around the globe, which is increasing the demand for better network connectivity. The growing number of internet users in the Asia-Pacific (APAC) owing to the presence of growing economies and increasing infrastructure needs are driving the growth of the market in the region; high technological spending in North America and Europe are also contributing to the growth of the IoT cloud platform market in these regions. However, lack of uniform IoT standards is restraining IoT cloud platform growth.
“Rising smart city projects and healthcare IT systems are expected to gain noticeable traction during the forecast period”

The smart city projects segment is expected to grow at the highest CAGR among the application areas during the forecast period. IoT cloud platforms provide ideal technology for urban development where it can enhance the quality of life with improved technology, augment economic structure, and direct environmental change to be in the interest of smart cities.
“North America is expected to witness a high growth potential during the forecast period”
North America is expected to account for the largest market share in 2016. The drivers responsible for the growth of IoT cloud platform market in North America are stable economy, technological advancements, and newer infrastructure demands. With the increasing use of IoT cloud platform solutions in government & other industry verticals such as retail, automotive, financial, healthcare, utilities, and manufacturing in the U.S., the IoT cloud platform market is set to grow at a rapid pace in the region.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up profile of primary discussion participants is given below.
‧ By Company Type: Tier-1 (35%), Tier-2 (40%), and Tier-3 (25%) companies
‧ By Designation: C-level (40%), Director Level (30%), and others (30%)
‧ By Region: North America (40%), Asia-Pacific (APAC) (25%), Europe (20%), and Rest of World (15%)
The various key IoT cloud platform vendors profiled in the report are as follows:
1. Amazon Web Service (Washington, U.S.)
2. Google (California, U.S.)
3. IBM Corporation (New York, U.S.)
4. Microsoft Corporation (Washington, U.S.)
5. Salesforce.com (California, U.S.)
6. General Electric (New York, U.S.)
7. PTC (Massachusetts, U.S.)
8. Samsung (Suwon, South Korea)
9. Sap SE (Walldorf, Germany)
10. Telit (London, U.K.)

The report carries discussion on various IoT cloud platform segments, such as by platform (device management, connectivity management, application enablement), by application area (home automation, wearable technology, smart city, industrial automation, connected transportation, healthcare, smart retails, smart agriculture, connected logistics, others), by service (professional services, managed services), by deployment model (private, public, hybrid), by organization size (small and medium businesses (SMBS), large enterprise).

The report will help the market leaders/new entrants in IoT cloud platform market in the following ways:
1. The IoT cloud platform report segments the market into various sub-segments covering this market comprehensively. The report provides the closest approximations of the market size for the overall market and the sub-segments.

2. The IoT cloud platform report will help in the understanding of the competitors better and gain more insights to strengthen one’s market position. There is a separate section on competitive landscape, which includes competitor ecosystem and mergers and acquisitions, partnerships, and collaborations. Besides, there are company profiles of the top ten players in the IoT cloud platform market, where market internals that can put one ahead of the competitors, have been provided.

3. The IoT cloud platform report also helps in understanding the overall growth of the market. It provides information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE REPORT 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED IN THE REPORT 16
1.4 CURRENCY 16
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 24
2.4 ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 31
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE IOT CLOUD PLATFORM MARKET 31
4.2 IOT CLOUD PLATFORM MARKET: MARKET SHARE ACROSS VARIOUS REGIONS 32
4.3 IOT CLOUD PLATFORM: APPLICATION DOMAIN AND REGION MARKET 33
4.4 LIFECYCLE ANALYSIS, BY REGION (2016) 34
4.5 MARKET INVESTMENT SCENARIO 34
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5 MARKET OVERVIEW 35
5.1 INTRODUCTION 36
5.2 MARKET SEGMENTATION 36
5.2.1 BY PLATFORM 36
5.2.2 BY SERVICE 36
5.2.3 BY DEPLOYMENT MODEL 37
5.2.4 BY ORGANIZATION SIZE 37
5.2.5 BY APPLICATION AREA 38
5.3 MARKET DYNAMICS 38
5.3.1 DRIVERS 39
5.3.1.1 Increasing adoption of connected and intelligent devices 39
5.3.1.2 Cost-effective and easily deployable cloud data storage 40
5.3.1.3 Increased operational efficiency 40
5.3.1.4 Evolution of high-speed networking technologies 40
5.3.2 RESTRAINTS 41
5.3.2.1 Absence of uniform IoT standard 41
5.3.2.2 Lack of IoT technology skills 41
5.3.3 OPPORTUNITIES 41
5.3.3.1 Rising adoption of IoT in small and medium businesses 41
5.3.3.2 Rising demand for system integrators 41
5.3.4 CHALLENGES 42
5.3.4.1 Lack of data management and interoperability 42
5.3.4.2 Lack of data security and privacy 42
6 INDUSTRY TRENDS 43
6.1 VALUE CHAIN ANALYSIS 43
6.2 INNOVATION SPOTLIGHT 44
6.3 ECOSYSTEM 45
6.4 STRATEGIC BENCHMARKING 46
7 IOT CLOUD PLATFORM MARKET ANALYSIS, BY TYPE 47
7.1 INTRODUCTION 48
8 IOT CLOUD PLATFORM MARKET ANALYSIS, BY PLATFORM 49
8.1 INTRODUCTION 50
8.2 DEVICE MANAGEMENT 51
8.3 CONNECTIVITY MANAGEMENT 52
8.4 APPLICATION ENABLEMENT PLATFORM 53
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9 IOT CLOUD PLATFORM MARKET ANALYSIS, BY SERVICE 54
9.1 INTRODUCTION 55
9.2 PROFESSIONAL SERVICES 56
9.2.1 TRAINING AND CONSULTING SERVICES 57
9.2.2 INTEGRATION SERVICES 58
9.2.3 SUPPORT AND MAINTENANCE 59
9.3 MANAGED SERVICES 59
10 IOT CLOUD PLATFORM MARKET ANALYSIS, BY DEPLOYMENT MODEL 61
10.1 INTRODUCTION 62
10.2 PRIVATE DEPLOYMENT MODEL 63
10.3 PUBLIC DEPLOYMENT MODEL 63
10.4 HYBRID DEPLOYMENT MODEL 64
11 IOT CLOUD PLATFORM MARKET ANALYSIS, BY ORGANIZATION SIZE 65
11.1 INTRODUCTION 66
11.2 SMALL AND MEDIUM BUSINESSES 67
11.3 LARGE ENTERPRISE 68
12 IOT CLOUD PLATFORM MARKET ANALYSIS, BY APPLICATION AREA 69
12.1 INTRODUCTION 70
12.2 HOME AUTOMATION 71
12.3 WEARABLE TECHNOLOGY 71
12.4 SMART CITY 72
12.5 INDUSTRIAL AUTOMATION 73
12.6 CONNECTED TRANSPORTATION 74
12.7 HEALTHCARE 75
12.8 SMART RETAIL 75
12.9 SMART AGRICULTURE 76
12.10 CONNECTED LOGISTICS 77
12.11 OTHERS 78
13 GEOGRAPHIC ANALYSIS 79
13.1 INTRODUCTION 80
13.2 NORTH AMERICA 82
13.3 EUROPE 87
13.4 ASIA-PACIFIC (APAC) 90
13.5 MIDDLE EAST AND AFRICA 95
13.6 LATIN AMERICA 98
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14 COMPETITIVE LANDSCAPE 101
14.1 OVERVIEW 101
14.2 COMPETITIVE SITUATION AND TRENDS 102
14.3 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS 103
14.4 NEW PRODUCT LAUNCHES 104
14.5 ACQUISITIONS 105
14.6 BUSINESS EXPANSION 106
15 COMPANY PROFILES 107
(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
15.1 INTRODUCTION 107
15.2 AMAZON WEB SERVICES, INC. 108
15.3 GOOGLE INC. 111
15.4 INTERNATIONAL BUSINESS MACHINES CORPORATION 114
15.5 MICROSOFT CORPORATION 117
15.6 SALESFORCE.COM 120
15.7 GENERAL ELECTRIC 124
15.8 PTC 126
15.9 SAMSUNG ELECTRONICS CO. LTD 129
15.10 SAP SE 131
15.11 TELIT 134
*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View might not be captured in case of unlisted companies
16 APPENDIX 137
16.1 EXCERPTS FROM INDUSTRY EXPERTS 137
16.2 DISCUSSION GUIDE 138
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 142
16.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 144
16.5 AVAILABLE CUSTOMIZATIONS 145
16.6 RELATED REPORTS 146