Technavio has been monitoring the IoT platform market and it is poised to grow by USD 1.70 billion during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global IoT Platform Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Alphabet Inc., Amazon.com Inc., AT&T Inc., Cisco Systems Inc., Huawei Investment Holding Co. Ltd., International Business Machines Corp., Intel Corp., Microsoft Corp., Nokia Corp., Samsung Electronics Co. Ltd., and Siemens AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Large-scale benefits of using IoT devices have been instrumental in driving the growth of the market. However, the rise in privacy and security issues might hamper the market growth.
IoT Platform Market 2020-2024: Segmentation
IoT Platform Market is segmented as below:
- End-user
- Manufacturing
- Retail
- Healthcare
- ICT
- Others
- Geography
- North America
- Europe
- APAC
- MEA
- South America
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IoT Platform Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our IoT platform market report covers the following areas:
- IoT Platform Market size
- IoT Platform Market trends
- IoT Platform Market industry analysis
This study identifies the investments in IoT startups as one of the prime reasons driving the IoT platform market growth during the next few years.
IoT Platform Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the IoT platform market, including some of the vendors such as Alphabet Inc., Amazon.com Inc., AT&T Inc., Cisco Systems Inc., Huawei Investment Holding Co. Ltd., International Business Machines Corp., Intel Corp., Microsoft Corp., Nokia Corp., Samsung Electronics Co. Ltd., and Siemens AG. Backed with competitive intelligence and benchmarking, our research reports on the IoT Platform Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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IoT Platform Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist IoT platform market growth during the next five years
- Estimation of the IoT platform market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the IoT platform market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of IoT platform market vendors
Table Of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Manufacturing Market size and forecast 2019-2024
- Retail Market size and forecast 2019-2024
- Healthcare Market size and forecast 2019-2024
- ICT Market size and forecast 2019-2024
- Others Market size and forecast 2019-2024
- Market opportunity by End-user
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America Market size and forecast 2019-2024
- Europe Market size and forecast 2019-2024
- APAC Market size and forecast 2019-2024
- MEA Market size and forecast 2019-2024
- South America Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers Demand led growth
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Alphabet Inc.
- Amazon.com Inc.
- AT&T Inc.
- Cisco Systems Inc.
- Huawei Investment Holding Co. Ltd.
- International Business Machines Corp.
- Intel Corp.
- Microsoft Corp.
- Nokia Corp.
- Siemens AG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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