Iot Middleware Market with Covid-19 Effect Analysis, Trends, Business Opportunities, Ready to Soar at steady CAGR up to 2028
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Dallas, United States – April 30, 2021 /MarketersMedia/ —
IoT has become an inseparable element of our lives. IoT middleware is one of the numerous communication platforms that are introduced in the market across the globe. It is used as an interface among the components of IoT. The IoT middleware helps in building a communication channel among IoT components. Machines, hardware and Components can be coupled with the IoT network with the help of IoT middleware as it establishes communication between machine program and IoT middleware. A unified communication is achieved with the deployment of IoT middleware. Middleware is a type of architecture that allows connectivity for wide number of devices by offering a connectivity layer. It is a combination of integration capabilities coupled with the platform for connecting services, users, applications, devices in ‘cyber-physical’ environment.
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The middleware is a basic view of software components that are necessary to fill the gap between M2M and enterprise integration. Vendors and manufacturers in the industry offer IoT middleware for several platforms such as connectivity management, device management, application management, etc. The rise in the adoption cloud models by government, private organizations along with the enterprises for the optimization of operational capabilities of the conventional devices is a primary growth driver for the IOT Middleware Market. The increasing proliferation of IoT devices in day to day life has been acting as a catalyst for the growth process of the industry. Along with that the rise in average spending on services and goods including IoT devices and components is an additional factor boosting the growth of the industry.
The global industry is experiencing an enormous spike since past few years. The rise in the adoption of IoT across numerous industry verticals is a primary growth driver for the global IoT middleware industry. In addition to that numerous initiatives taken by government in order to promote projects such as smart cities are also fuelling the industry growth. With rise in the globalization and digitalization, the increase in adoption of connected factories and buildings, smart homes, etc. has grown enormously which in turn is providing a thrust to the growth of the global market. The market has more number of partnerships and mergers than ever in the recent years. In addition to that, the heavy investments being made in the research and development activities in order to introduce technologically advanced middleware solutions are also anticipated to provide momentum to the growth of global IoT middleware Market.
The major players of the global IoT middleware market are Microsoft, IBM, PTC, AWS, SAP, Cisco, Google, Hitachi, HPE, Bosch, Oracle, Salesforce, GE, Schneider Electric, ClearBlade, Davra, MuleSoft, Axiros, TIBCO Software, Siemens, Eurotech, Flutura, Litmus Automation, Ayla Networks, Aeris, QiO Technologies, Atos, and Exosite.
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Key Segments of the Global IoT Middleware Market
Platform Overview, 2018-2028 (USD Million)
Device Management
Application Management
Connectivity Management
Organization Size Overview, 2018-2028 (USD Million)
Small and medium-sized enterprises
Large enterprises
Vertical Overview, 2018-2028 (USD Million)
Manufacturing
Government and Defense
Automotive and Transportation
Energy and Utilities
Healthcare
Retail
BFSI
Others (agriculture, education, tourism, hospitality, IT and telecom)
Regional Overview, 2018-2028 (USD Million)
North America
U.S.
Canada
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia-Pacific
Middle East and Africa
UAE
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America
Some Major Points from Table of Contents:
List of Figures
FIG. 1 Market size estimation: Top-down methodology
FIG. 2 Forecasting methodology
FIG. 3 Global IoT middleware Market, By Component 2018-2028 (USD Billion)
FIG. 4 Value chain analysis of the IoT middleware Market
FIG. 5 IoT middleware Market By Component, 2019 (USD Billion)
FIG. 6 IoT middleware Market for Solutions By Region, 2018-2028 (USD Billion)
FIG. 7 IoT middleware Market for Services By Region, 2018-2028 (USD Billion)
FIG.12 IoT middleware Market, By Application, 2019 (USD Billion)
FIG.13 IoT middleware Market for Large Enterprises, By Region, 2018-2028 (USD Billion)
FIG. 14 IoT middleware Market for Small & Medium Enterprises, By Region, 2018-2028 (USD Billion)
Verticals, 2019 (USD Billion)
FIG. 18 IoT middleware Market for Manufacturing, By Region, 2018-2028 (USD Billion)
FIG. 19 IoT middleware Market for Transportation and Logistics, By Region, 2018-2028 (USD Billion)
FIG. 20 IoT middleware Market for Energy and Utilities, By Region, 2018-2028 (USD Billion)
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