MRRS adds "IoT Cloud Platform Market by Platform , Deployment Model, Organization Size, Application Area, Service – Global Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.

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.

Figure And Tables

TABLE 1 IOT CLOUD PLATFORM MARKET SIZE AND GROWTH RATE, 
2014–2021 (USD BILLION, Y-O-Y %) 28
TABLE 2 IOT CLOUD PLATFORM MARKET: INNOVATION SPOTLIGHT 45
TABLE 3 IOT CLOUD PLATFORM MARKET SIZE, BY TYPE, 2015–2021 (USD MILLION) 49
TABLE 4 IOT CLOUD PLATFORM MARKET SIZE, BY PLATFORM, 2015–2021 (USD MILLION) 51
TABLE 5 PLATFORM: IOT CLOUD PLATFORM MARKET SIZE, BY REGION, 
2015–2021 (USD MILLION) 52
TABLE 6 DEVICE MANAGEMENT: IOT CLOUD PLATFORM MARKET SIZE, BY REGION, 
2015–2021 (USD MILLION) 53
 ...

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