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Internet Of Things (Iot) Market Worth $8.8 Billion In 2017

As the Internet of things transforms businesses, IoT platforms have emerged as the backbone of the IoT infrastructure. IoT platforms provide a set of functionalities which forms a solid architecture to build IoT applications. Vsiongain assesses that Internet of Things (IoT) platform revenues will reach $8.8bn in 2017.

LONDON, UK. 10th February 2017: Visiongain’s new report the Internet of Things (IoT) Platform Market Report 2017-2022 Forecasts by Type (Application Enablement, Device Management, Connectivity Management). By Service (System Integration, Professional Services) By Vertical (Manufacturing, Government, BFSI, Retail, Healthcare, Pharmaceutical, Energy & Power, Oil & Gas, IT & Telecoms, Others) by End User (Small Enterprise, Medium Enterprise, Large Enterprise) indicates that the global Internet of Things (IoT) Platform market will see $8.8bn in spending in 2017.

The lead analyst of the report said “As the Internet of things transforms businesses, IoT platforms have emerged as the backbone of the IoT infrastructure. IoT platforms provide a set of functionalities which forms a solid architecture to build IoT applications.

Essentially there are five building blocks of IoT infrastructure:  Security, Hardware, Communication, Software Backend and Applications. IoT platforms are part of the Software Backend of the IoT infrastructure. The IoT platform manages all the connected devices, applications and networks and provides the necessary data integration solutions and interfaces. The IoT platform enables the communication between two objects and connects the real and the virtual world”

The report contains an array of tables, charts and graphs that add visual analysis in order to explain developing trends within the internet of things market. Visiongain provides forecasts for the period 2017-2022 for the leading internet of things (IoT) submarket by type (Application Enablement, Device Management, Connectivity Management). by service (System Integration, Professional Services) by vertical (Manufacturing, Government, BFSI, Retail, Healthcare, Pharmaceutical, Energy & Power, Oil & Gas, IT & Telecoms, Others) and by end user (Small Enterprise, Medium Enterprise, Large Enterprise)

The report offers market forecasts and analysis for 4 regional and 12 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 8 companies leading the field in Internet of Things (IoT) Platforms including Amazon Web Services (AWS) IoT/2lemetry, Arrayent Inc., Cisco IoT, GE Predix, IBM Watson IoT, Oracle, PTC Inc. and Red Hat Inc

The Internet of Things (IoT) Platform Market Report 2017-2022 Forecasts by Type (Application Enablement, Device Management, Connectivity Management). By Service (System Integration, Professional Services) By Vertical (Manufacturing, Government, BFSI, Retail, Healthcare, Pharmaceutical, Energy & Power, Oil & Gas, IT & Telecoms, Others) by End User (Small Enterprise, Medium Enterprise, Large Enterprise) report will be of value to anyone who wants to better understand the IoT market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the IoT industry.

 

Notes for Editors

If you are interested in a more detailed overview of this reportFree Articles, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

 

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ABOUT THE AUTHOR


About visiongain

Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.



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