SYS-CON MEDIA Authors: Yeshim Deniz, Pat Romanski, William Schmarzo, Roger Strukhoff, Jason Bloomberg

Article

IoT Cloud Platform Market to Gain Traction for End-to-End Scalable Solutions

IoT Cloud Platform Global Insights and Industry Growth 2025

IOT Cloud Platform acts as a medium between applications and administrations which are associated with the real world. Developing worldwide market of IOT has created an immense measure of income for organizations which are working in this segment and every service or system which is being associated with it needs a steady and a secure platform. IOT Platform is an option to the organizations to get associated with the source of information without having any difficulty. Developing the extent of Database and the need to access the correct information in no time is conceivable with IOT. Global IOT Cloud Platform Market has been developing quickly and this market is witnessing enormous opportunities in the upcoming future as the size of the data is expanding ceaselessly.  The IoT Cloud Platform Market, which was esteemed at US$ 1.90 billion in 2016, is relied upon to achieve an estimation of US$ 19.0 billion by 2025, developing at a CAGR of 29.4% amid the forecast time frame of 2017-2025.

The worldwide market for IoT cloud platform is anticipated to be profited by the developing adoption rate of smart devices over the globe. Factors, for example, reasonable administrations and easy deployment are relied upon to make way for a superior future. The developing requirement for an advanced IoT cloud platform among small and large organizations is probably going to be a noteworthy triggering variable for the market in the years ahead.

One of the major trends that will pick up traction in the IoT platform market in the coming years is the industrial internet revolution. Industrial Internet of Things (IIoT) is a combination of big data analytics and IoT which offers various opportunities for associations crosswise over sectors, for example, agriculture, healthcare, manufacturing, mining, oil and gas, and transportation. To encourage the digitalization of ventures, vast organizations and the legislatures of various nations over the globe have effectively received several modern Internet activities. This, in turn, will enable them to make new revenue segments, upgrade efficiencies, and enhance the nature of public life.

The increased operational adequacy, improvement of high-speed networking technologies, rising demand of smart and connected gadgets and cost-effective and effectively deployable distributed storage are some of the significant drivers which drive the IoT cloud platform market, all-inclusive. In addition, because of lack of information security and privacy concerns and lack of information management and interoperability turn into significant challenges for the development of the market.

North America is anticipated to attain the biggest piece of the overall industry in the worldwide market amid the conjecture time frame. Increased investment and early adoption of technology by a few enterprises are some of the key components adding to market development in this region. The market would achieve USD2.0 billion, with 70 percent of this income originating from North America and Western Europe. APAC is foreseen to develop at the most elevated CAGR which can be ascribed to the ascent in manufacturing automation and retail foundations. The market is relied upon to have wide development opportunities in the Middle East because of high IoT investments in manufacturing and utilities.

The report provides both, qualitative and quantitative research of the Global IoT Cloud Platform Market, as well as encompasses worthy insights into the rational scenario and favored improvement methods adopted by key contenders. Some of the primary players of Global IoT Cloud Platform Market are Alcatel-Lucent (Nokia), Amazon Web Services (AWS), AT&T, Cisco Systems, Microsoft Corporation, Axiros, Accenture, Apple, Atos, Bosch (Bosch Software Innovations), Echelon, and Oracle among others.

More Stories By Ram Sonagara

Ram Sonagara works at Transparency Market Research. TMR is a market intelligence company providing global business research reports and consulting services.

Latest Stories
The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get tailored market studies; and more.
CloudEXPO has been the M&A capital for Cloud companies for more than a decade with memorable acquisition news stories which came out of CloudEXPO expo floor. DevOpsSUMMIT New York faculty member Greg Bledsoe shared his views on IBM's Red Hat acquisition live from NASDAQ floor. Acquisition news was announced during CloudEXPO New York which took place November 12-13, 2019 in New York City.
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...
In his session at 23rd International CloudEXPO, Raju Shreewastava, founder of Big Data Trunk, will provide a fun and simple way to introduce Machine Leaning to anyone and everyone. Together we will solve a machine learning problem and find an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/busine...
When you're operating multiple services in production, building out forensics tools such as monitoring and observability becomes essential. Unfortunately, it is a real challenge balancing priorities between building new features and tools to help pinpoint root causes. Linkerd provides many of the tools you need to tame the chaos of operating microservices in a cloud native world. Because Linkerd is a transparent proxy that runs alongside your application, there are no code changes required. I...
ShieldX's CEO and Founder, Ratinder Ahuja, believes that traditional security solutions are not designed to be effective in the cloud. The role of Data Loss Prevention must evolve in order to combat the challenges of changing infrastructure associated with modernized cloud environments. Ratinder will call out the notion that security processes and controls must be equally dynamic and able to adapt for the cloud. Utilizing four key factors of automation, enterprises can remediate issues and impro...
ShieldX's CEO and Founder, Ratinder Ahuja, believes that traditional security solutions are not designed to be effective in the cloud. The role of Data Loss Prevention must evolve in order to combat the challenges of changing infrastructure associated with modernized cloud environments. Ratinder will call out the notion that security processes and controls must be equally dynamic and able to adapt for the cloud. Utilizing four key factors of automation, enterprises can remediate issues and impro...
CloudEXPO has been the M&A capital for Cloud companies for more than a decade with memorable acquisition news stories which came out of CloudEXPO expo floor. DevOpsSUMMIT New York faculty member Greg Bledsoe shared his views on IBM's Red Hat acquisition live from NASDAQ floor. Acquisition news was announced during CloudEXPO New York which took place November 12-13, 2019 in New York City. Our Silicon Valley 2019 schedule will showcase 200 keynotes, sessions, general sessions, power panels, and...
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world's second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactu...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio a...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential. DevOpsSUMMIT at CloudEXPO expands the DevOps community, enable a wide sharing of knowledge, and educate delegates and technology providers alike.
Cloud-Native thinking and Serverless Computing are now the norm in financial services, manufacturing, telco, healthcare, transportation, energy, media, entertainment, retail and other consumer industries, as well as the public sector. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that pro...
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understa...