Internet Of Things (IoT) Worth $9 Billion Industry

Internet of Things (IoT) Industry revenues will Cross $9 Billion in 2018-19 Worldwide.

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. Internet of Things (IoT) platform revenues will Cross $9 Billion in 2018-19.

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 is expected to Cross $9 bn mark in 2018-19.

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 Back-end and Applications. IoT platforms are part of the Software Back-end 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. According to a survey, it forecasts for the period 2017-2022 for the leading internet of things (IoT) sub-market 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.

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