The global IoT middleware market is projected to exhibit significant growth, at a CAGR of around 7.0%, during the forecast period. Several IoT middleware and connectivity protocols are being developed and the number is increasing every day. For instance, Message Oriented Telemetry Transport (MQTT), Constrained Application Protocol (CoAP) and BLE (Bluetooth Low Energy) are popular connectivity protocols designed specifically for IoT devices. IoT middleware systems that can support data collection and analysis as in BAC-like IoT application.

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The key players operating in the global IoT middleware market include Cisco Systems, Inc., Microsoft Corp., Oracle Corp., IBM Corp., SAP SE, Google Inc., Schneider Electric SE, Siemens AG, and Amazon Web Services, Inc.

IoT applications fall into two general categories, namely ambient data collection and analytics and real-time reactive applications. The first category of applications generally involves collecting sensor data from a variety of sensors, process them offline to gain actionable information and then run the model as a predictor for new data collected from the sensor in the future. The second category of applications involves real-time reactive systems such as autonomous vehicle or manufacturing processes where the systems make real-time decisions based on observed sensor values. The former category of applications is growing rapidly especially in the healthcare domain where personalized health tracking and monitoring have become vital to improved and affordable healthcare.

Few cloud-based IoT middleware systems are being developed that enable users to control and manage fitness data from a central location. One of these systems is Google Fit that performs similar functions as of Apple’s HealthKit. Google Fit is an IoT middleware developed to ease composed pre-conceived type of application, which includes self-tracking data from several wearable fitness devices. The device provides support from a range of IoT devices that have the capability of communicating through BLE (Bluetooth low energy). The Google Kit has a cloud storage fitness store that lets the user store data from various apps and devices. Likewise, there are several other IoT middleware available in the market of renowned brands, which are further propelling the IoT middleware market globally.

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Xively, along with LogMeIn, is another public cloud-based IoT middleware device that works on the platform as a service (PaaS). The device assists developers and companies to convert physical sensor into a type of software sensors and then connect them to Xively’s IoT cloud platform, in a simple and fast manner. Xively is providing similar capabilities as Google Fit albeit it covers a more diverse set of devices and includes integration with enterprise-level services. The IoT middleware offers a web-based solution for connecting IoT devices to its cloud more quickly, enabling collecting data from a range of devices. Once data is stored on the cloud, the user can access data from them easily, from anywhere and at any time. The main purpose of Xively is to connect IoT devices of the user’s choice and feed the collected data on a cloud platform in a scalable way.

Global IoT Middleware Market-Segmentation

By Platform

• Device Management
• Application Management
• Connectivity Management

By Application

• Energy & Utilities
• Manufacturing
• Automotive
• Retail
• Healthcare
• Others (BFSI and Defense)

Global IoT Middleware Market– Segment by Region

North America
• United States
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
• Rest of the World

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