IoT Middleware Market to Show Strong Growth | Leading players IBM, SAP, Microsoft
Research Reports
Dec 15, 2021
Latest business intelligence report released on Global IoT Middleware Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand IoT Middleware market outlook.
List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
IBM (United States), SAP (Germany), Microsoft (United States), Cisco Systems Inc. (United States), Siemens (Germany), Red Hat, Inc. (United States), Oracle Corporation (United States), Schneider Electric (France), PTC (United States), Alphabet (United States), Bosch Software Innovations GmbH (Germany), Hitachi (Japan), Amazon Web Services, Inc. (United States)
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Brief Overview on IoT Middleware:
The Internet of Things (IoT) helps in integrating a virtual world of information to that of the real world of devices with the help of a layered architecture. IoT middleware is a kind of software that serves as an interface amongst all the components of the IoT, hence making communication feasible among the elements that would otherwise not be capable. The middleware connects all the different, complex, and previously existing programs that were not initially designed so as to be connected. The main principle of the Internet of Things (IoT) is creating a possibility for just about anything to be connected and then to communicate data over the network. Middleware is a part of the architecture that helps in enabling connectivity for a huge number of diverse things by providing a connectivity layer for the sensors and also for all the application layers that help in providing services that ensure effective communication among all of the software. It is basically a mediator interface that helps in enabling the interaction among the Internet and the so-called ‘things’. It also hides the heterogeneity amongst the devices, its modules, and technology that of an IoT system. Middleware hence provides solutions to the frequently encountered problems, like interoperability, dependability, and security. The following are some of the important features of the IoT middleware, which help in improving the performance of the devices:
- Flexibility
- Transparency
- Interoperability
- Platform Portability
- Re-Usability
- Maintainability
- Security
Key Market Trends:
A Rapid Increase In The Number Of Devices Enabled With The Technology
Increasing Wireless Connectivity Through Technologies, Such As 3G/4G/5G And Wi-Fi
Opportunities:
Advancements in High-Speed Wireless Network Technology
Increase In Investments By Governments Of Countries Such As China And India In Infrastructure Development
Market Growth Drivers:
A Rise In High-Speed Network Connectivity Has Created Many New Options For Organizations
Increase In The Adoption Of Cloud Models By Enterprises, And Private And Government Organizations
Growth In The In Consumer Spending On Goods And Services That Invo
Challenges:
Lack of Interoperability
Segmentation of the Global IoT Middleware Market:
by Type (Application-Centric, Platform-Centric, Industry-Specific), Application (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), Platform (Device, Application, Connectivity Management), Functionality (Structuring, Formating, Encoding), Communication Protocols (Bluetooth, Wifi, Radio Protocols, LTE-A, WiFi-Direct), Industry Vertical (IT And Telecommunication, Automotive, Transportation, HealthCare, Manufacturing, Others)
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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for estimation – 2020
Recent Estimated Year – 2021
Forecast period** – 2021 to 2027 [** unless otherwise stated]
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Summarized Extracts from TOC of Global IoT Middleware Market Study
Chapter 1: Exclusive Summary of the IoT Middleware market
Chapter 2: Objective of Study and Research Scope the IoT Middleware market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source
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