Open IoT Platform Market Trends, Demand and Global Forecast to 2023


Posted August 30, 2017 by kp41764

Open IoT Platform Market, By Component (Hardware, Software), Deployment (Private Cloud, Public Cloud, Hybrid and On Premise) and End User - Forecast 2023

 
Market Scenario:

Open IoT platform to a computer platform in which the source codes are available to the general public for use or modification from its original design. Open source gives free and open access to the software that serves as the foundation for the internet of things. Open IoT platform is cost-effective and is easy to implement owing to the scalability being offered to manage devices. Open IoT platform has minimal dependency and possess no risk. Open source allows far higher levels of innovation and also offers a rich set of functionalities.
Constant improvements and great peer-to-peer support from a vibrant open source are major driving factors for the growth of Open IoT platform market. Learning new technologies and improving the skills of developers are other factors driving the growth of Open IoT platform market.
The open IoT platform market has been segmented on the basis of component, deployment and end user. The end user segment comprises of individuals, small and medium enterprises and large enterprises. Owing to immense flexibility and agility, open IoT platform are very popular among the individual developers.
The global open IoT platform market is expected to grow at approx. USD 4.3 Billion by 2023, at 25% of CAGR between 2017 and 2023.

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Key Players:

The prominent players in open IoT platform market are – Amazon Web Services (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Samsung Group (South Korea), Bosch (Germany), Ayla Networks (U.S.), Google, Inc. (U.S.), General Electric (U.S.), Oracle (U.S.), among others.

Brief TOC:

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure

2 Research Methodology

2.1 Research Type

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

2.4.1 Market Data Collection, Analysis & Forecast

2.4.2 Market Size Estimation

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Challenges

3.4 Market Opportunities

3.5 Market Restraints

4 Executive Summary

Market Factor Analysis
5.1 Porter’s Five Forces Analysis

5.2 Supply Chain Analysis

Continue…

Regional Analysis:

The regional analysis of open IoT platform market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in Open IoT platform market in North America is attributed to the increasing popularity among the developers in that region.
Intended Audience:

Technology investors
Research/Consultancy firms
Technology providers
Consumers
Technology developers
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Issued By Market Research Future
Country India
Categories Business
Last Updated August 30, 2017