The article cited AMA's Global IoT Cloud Platform Market Study explored substantial growth with CAGR of 28.14%. Growing Adoption of Connected and Intelligent Devices
is also expected to contribute significantly to the IoT Cloud Platform market. Overall, Home Automation
applications of IoT Cloud Platform, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Amazon Web Services (United States), Google (United States), International Business Machines (United States), Microsoft (United States), General Electric (United States), Ptc (United States), Samsung Electronics (South Korea), Telit (Italy) and Salesforce (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Organization Size, such as Small and Medium Businesses (SMBs), is boosting the IoT Cloud Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Platform, such as Connectivity Management, is boosting the IoT Cloud Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Service, such as Integration Services, is boosting the IoT Cloud Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Deployment Model, such as Private, is boosting the IoT Cloud Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global IoT Cloud Platform market identified that the demand is rising in many different parts of the world as "Increasing Adoption of IoT Around the Globe
". Furthermore, some recent industry insights like "In July 2016, Google Inc. a multinational technology company that specializes in Internet-related services and products acquired Anvato, a U.S. based company providing cloud-based video editing. The acquisition allowed Anvato to gain scalable technology and the power of the Google cloud platform to offer OTT and mobile video." is constantly making the industry dynamic. One of the challenges that industry facing is "Security and Privacy Concern and Lack of Data Management and Interoperability"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of IoT Cloud Platform market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of IoT Cloud Platform market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the IoT Cloud Platform market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the IoT Cloud Platform market and other related sub-markets covered in the study.
o Key & emerging players in the IoT Cloud Platform market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall IoT Cloud Platform market size is calculated using market estimation process, the IoT Cloud Platform market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global IoT Cloud Platform market size has been validated using both top-down and bottom-up approaches.