Global IoT Platform As A Service (PaaS) Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global IoT Platform As A Service (PaaS) market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.

This category of IoT Platform As A Service (PaaS) provides the core building blocks for your product, including consuming, transporting, storing, analyzing, and displaying data. As the name implies, their aim is to enable the rapid development of your application by abstracting the complexities of building an IoT solution.

According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China"s data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.

This report is a detailed and comprehensive analysis for global IoT Platform As A Service (PaaS) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global IoT Platform As A Service (PaaS) market size and forecasts, in consumption value ($ Million), 2020-2031

Global IoT Platform As A Service (PaaS) market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global IoT Platform As A Service (PaaS) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global IoT Platform As A Service (PaaS) market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for IoT Platform As A Service (PaaS)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global IoT Platform As A Service (PaaS) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include PTC (ThingWorx), Cisco (Jasper), Microsoft (Azure), Google, IBM, Intel, SAP, Oracle, Amazon Web Services (AWS), Telit, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

IoT Platform As A Service (PaaS) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Consumer IoT
Business IoT

Market segment by Application
Smart Home & Wearables
Smart Energy
Smart Security
Manufacturing
Transportation & Logistics
Healthcare
Others

Market segment by players, this report covers
PTC (ThingWorx)
Cisco (Jasper)
Microsoft (Azure)
Google
IBM
Intel
SAP
Oracle
Amazon Web Services (AWS)
Telit
General Electric
Zebra Technologies
AT&T
Aeris
Exosite
Particle
Ayla Networks
relayr
Bosch Software Innovations
Teezle
Thales (Cinterion)
Salesforce
IRI
ThingWorx
KaaIoT Technologies
WSO2
GE Digital (Predix Platform)
HPE
Zyter (SmartSpaces)
IOTech
UrsaLeo
Verizon (ThingSpace)

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe IoT Platform As A Service (PaaS) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of IoT Platform As A Service (PaaS), with revenue, gross margin, and global market share of IoT Platform As A Service (PaaS) from 2020 to 2025.

Chapter 3, the IoT Platform As A Service (PaaS) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and IoT Platform As A Service (PaaS) market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of IoT Platform As A Service (PaaS).

Chapter 13, to describe IoT Platform As A Service (PaaS) research findings and conclusion.