Global IoT Platform Market 2020-2024

Global IoT Platform Market 2020-2024

Technavio has been monitoring the IoT platform market and it is poised to grow by $ 1.70 bn during 2020-2024 progressing at a CAGR of 23% during the forecast period. Our reports on the IoT platform market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the large-scale benefits of using IoT devices, demand for smart homes, and growth in industrial automation.

Technavio's IoT platform market is segmented as below:

By End-user

  • Manufacturing
  • Retail
  • Healthcare
  • ICT
  • Others
By Geographic Landscapes
  • North America
  • Europe
  • APAC
  • MEA
  • South America
This study identifies the investments in IoT startups as one of the prime reasons driving the IoT platform market growth during the next few years. Also, the development of open Wi-Fi networks and growing diversity in IoT standards will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our IoT platform market covers the following areas:
  • IoT platform market sizing
  • IoT platform market forecast
  • IoT platform market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IoT platform market vendors that include Alphabet Inc., Amazon.com Inc., AT&T Inc., Cisco Systems Inc., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., Intel Corp., Microsoft Corp., Nokia Corp., Samsung Electronics Co. Ltd., and Siemens AG. Also, the IoT platform market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Application software market
      • Inputs
      • Software development process
      • Marketing and distribution:
      • Post-selling services:
      • Innovation
  • Market Sizing
    • Market definition
      • IoT ecosystem — platform and devices
        • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
      • Short-term impact
      • Long-term impact
      • Recovery phase
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2019-2024 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Manufacturing - Market size and forecast 2019- 2024
      • Table Manufacturing - Market size and forecast 2019-2024 ($ million)
      • Table Manufacturing - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Manufacturing - Year-over-year growth 2019-2024 (%)
    • Retail - Market size and forecast 2019-2024
      • Table Retail - Market size and forecast 2019-2024 ($ million)
      • Table Retail - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Retail - Year-over-year growth 2019-2024 (%)
    • Healthcare - Market size and forecast 2019-2024
      • Table Healthcare - Market size and forecast 2019-2024 ($ million)
      • Table Healthcare - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Healthcare - Year-over-year growth 2019-2024 (%)
    • ICT - Market size and forecast 2019-2024
      • Table ICT - Market size and forecast 2019-2024 ($ million)
      • Table ICT - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table ICT - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Others - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 effect
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers – Demand led growth
      • Growth in industrial automation
      • Growing demand for smart homes
        • Table Smart home penetration
      • Large-scale benefits of using IoT devices
    • Market challenges
      • Lack of awareness about IoT devices
      • Connectivity issues and lack of infrastructure
      • Rise in privacy and security issues
        • Table Impact of drivers and challenges
    • Market trends
      • Growing diversity in IoT standards
      • Development of open Wi-Fi networks
      • Investments in IoT startups
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alphabet Inc.
      • Table Alphabet Inc. - Overview
      • Table Alphabet Inc. - Business segments
      • Table Alphabet Inc. –Key news
      • Table Alphabet Inc. - Key offerings
      • Table Alphabet Inc. - Segment focus
    • Amazon.com Inc.
      • Table Amazon.com Inc. - Overview
      • Table Amazon.com Inc. - Business segments
      • Table Amazon.com Inc. –Key news
      • Table Amazon.com Inc. - Key offerings
      • Table Amazon.com Inc. - Segment focus
    • AT&T Inc.
      • Table AT&T Inc. - Overview
      • Table AT&T Inc. - Business segments
      • Table AT&T Inc. –Key news
      • Table AT&T Inc. - Key offerings
      • Table AT&T Inc. - Segment focus
    • Cisco Systems Inc.
      • Table Cisco Systems Inc. - Overview
      • Table Cisco Systems Inc. - Business segments
      • Table Cisco Systems Inc. –Key news
      • Table Cisco Systems Inc. - Key offerings
      • Table Cisco Systems Inc. - Segment focus
    • Huawei Investment & Holding Co. Ltd.
      • Table Huawei Investment & Holding Co. Ltd. - Overview
      • Table Huawei Investment & Holding Co. Ltd. - Business segments
      • Table Huawei Investment & Holding Co. Ltd. –Key news
      • Table Huawei Investment & Holding Co. Ltd. - Key offerings
      • Table Huawei Investment & Holding Co. Ltd. - Segment focus
    • International Business Machines Corp.
      • Table International Business Machines Corp. - Overview
      • Table International Business Machines Corp. - Business segments
      • Table International Business Machines Corp. –Key news
      • Table International Business Machines Corp. - Key offerings
      • Table International Business Machines Corp. - Segment focus
    • Intel Corp.
      • Table Intel Corp. - Overview
      • Table Intel Corp. - Business segments
      • Table Intel Corp. –Key news
      • Table Intel Corp. - Key offerings
      • Table Intel Corp. - Segment focus
    • Microsoft Corp.
      • Table Microsoft Corp. - Overview
      • Table Microsoft Corp. - Business segments
      • Table Microsoft Corp. –Key news
      • Table Microsoft Corp. - Key offerings
      • Table Microsoft Corp. - Segment focus
    • Nokia Corp.
      • Table Nokia Corp. - Overview
      • Table Nokia Corp. - Business segments
      • Table Microsoft Corp. –Key news
      • Table Nokia Corp. - Key offerings
      • Table Nokia Corp. - Segment focus
    • Siemens AG
      • Table Siemens AG - Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG – Key news
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objective
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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