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IOT Platform Market 2019 Leading Key vendors, Technology, Segments, Future Plans and Growth Rate To 2022The report on the global IOT Platform market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis. Market Highlights: IoT platform enable enterprises by helping them create and manage applications, configure analytics, data aggressive and storage and connectivity management. Which led to major adoption of IoT technology among small and large enterprises. IoT platform integrates various technologies such as data communication, hardware design and data storage. Global market of IOT has generated a huge amount of revenue for the companies which are operating in this segment and every service or system which is being connected with IOT needs to have a stable and secure platform. IOT Platform eases enterprises work by connecting them with the source of knowledge without any difficulty. The need for several software functions into one solution is the major growth factor of the IoT platform market. IoT platform projects benefits such as high convenience, improved decision-making, better handling of emergencies, cost benefits, improved quality of life, remote access, and improvements in safety and security. Owing to this numerous benefits several organization, industries and technologists are adopting IoT since it empowers the end-user to make informed decisions. Get a Free Sample report @ https://www.marketresearchfuture.com/sample_request/1739 Major Key Players • PTC (U.S.), • Amazon (U.S.), • Microsoft (U.S.), • Google (U.S.), • Davra Networks (Ireland), • Cisco Systems, Inc. (U.S.), • SAP SE (Germany), • General Electric (U.S.), • AT&T (U.S.), • Huawei Technologies Co. Ltd. (U.S.), • IBM (U.S.), • Wipro (U.S.) According to MRFR, This IOT Platform Market is expected to grow at CAGR of ~33% and will rise to the market size of US ~$1799 million by the end of forecast period. Drivers and Restraints Factors including high efficiency, low breakdown of machineries and high efficiency are some of the vital factors which are directly associated with the industrial IoT. Whereas government rules pertaining to the use of automation in the industrial process, technological advancement, growing demand for industrial process are some of the indirect factors aiding the market growth. Trade pundits also clarify that the advent of Asset Performance Management (APM) has led to a shift in the focus, which is improving reliability, decreasing downtime and reducing unplanned maintenance. MRFR sees the time period from 2016 to 2022 when the focus will be on optimizing the profitability from an equipment. Hence, machine learning and improved Big Data Analytics will allow business to decide the best operating profile for the plant based on the order backlog and reliability issues. All these factors will be highly instrumental in augmenting the growth of the market in the foreseeable future. Regional Analysis North America is dominating the Global IoT Platform Market with the largest market share and therefore accounting for astronomical amounts and is expected to grow over its previous growth records by 2022. Due to presence of high number of IoT solution providers and rising adoption of innovative technologies. However, it is anticipated that the market in Europe will exhibit higher growth rate compared to the North America market in the near future. Further, the growing adoption of digitalization in developing countries such as Australia, China, and Japan, Asia Pacific market is intended to show an impressive growth in the coming years. Asia-Pacific has emerged as fastest growing market and expected to be the second biggest market by the end of forecast period. In addition, countries such as Argentina and Brazil are aiding the Latin America market to expand. The increasing rate of IoT adoption over the oil and gas industry and throughout the government sector is most likely to help the Middle East and Africa sector grow. Segmentation The IOT platform industry worldwide has been categorized on the basis of deployment, platform, end users and application. The IOT platform segment has been defined into infrastructure as a service and software platform and connectivity. The deployment category contains on premise, on cloud and hybrid while the application category has been categorized into database management, device management, processing and analytics among others. The end users have been segmented into BFSI, manufacturing, smart cities & homes, it and telecommunication among others. Browse Complete Report @ https://www.marketresearchfuture.com/reports/iot-platform-market-1739 Intended Audience: • Software Companies • Data Storage Companies • Data Storage Service Providers • Cloud Service Providers • Cloud Service Management Services • Software Companies LIST OF TABLES TABLE 1 GLOBAL IOT PLATFORM MARKET, BY DEPLOYMENT TABLE 2 GLOBAL IOT PLATFORM MARKET, BY APPLICATION TABLE 3 GLOBAL IOT PLATFORM MARKET, BY END USERS TABLE 4 GLOBAL IOT PLATFORM MARKET, BY REGIONS TABLE 5 NORTH AMERICA IOT PLATFORM MARKET, BY COUNTRY TABLE 6 NORTH AMERICA IOT PLATFORM MARKET, BY DEPLOYMENT TABLE 7 NORTH AMERICA IOT PLATFORM MARKET, BY APPLICATIONS Continued…. LIST OF FIGURES FIGURE 1 RESEARCH TYPE FIGURE 2 GLOBAL IOT PLATFORM MARKET: BY DEPLOYMENT (%) FIGURE 3 GLOBAL IOT PLATFORM MARKET: BY APPLICATION (%) FIGURE 4 GLOBAL IOT PLATFORM MARKET: BY END USERS (%) FIGURE 5 GLOBAL IOT PLATFORM MARKET: BY REGION Continued…. 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