Open IoT Platform Market, Global Outlook and Forecast 2023-2029

IoT involves extending Internet connectivity beyond standard devices, such as desktops, laptops, smartphones and tablets, to any range of traditionally dumb or non-internet-enabled physical devices and everyday objects. Embedded with technology, these devices can communicate and interact over the Internet, and they can be remotely monitored and controlled.

This report aims to provide a comprehensive presentation of the global market for Open IoT Platform, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Open IoT Platform. This report contains market size and forecasts of Open IoT Platform in global, including the following market information:

Global Open IoT Platform Market Revenue, 2018-2023, 2024-2029, ($ millions)

Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology

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The global Open IoT Platform market was valued at US$ 11140 million in 2022 and is projected to reach US$ 49460 million by 2029, at a CAGR of 23.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The number of IoT devices increased 31% year-over-year to 8.4 billion in the year 2017 and it is estimated that there will be 30 billion devices by 2020. The global market value of IoT is projected to reach $7.1 trillion by 2020.

We surveyed the Open IoT Platform companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global Open IoT Platform Market, by Type, 2018-2023, 2024-2029 ($ millions)

Global Open IoT Platform Market Segment Percentages, by Type, 2022 (%)

Software

Hardware

Global Open IoT Platform Market, by Application, 2018-2023, 2024-2029 ($ millions)

Global Open IoT Platform Market Segment Percentages, by Application, 2022 (%)

SMEs

Large Enterprises

Global Open IoT Platform Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Open IoT Platform Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Open IoT Platform revenues in global market, 2018-2023 (estimated), ($ millions)

Key companies Open IoT Platform revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Amazon Web Services

IBM

Microsoft

Samsung

Bosch

Ayla Networks

Google

General Electric

Oracle

Outline of Major Chapters:

Chapter 1: Introduces the definition of Open IoT Platform, market overview.

Chapter 2: Global Open IoT Platform market size in revenue.

Chapter 3: Detailed analysis of Open IoT Platform company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Open IoT Platform in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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