IoT Platform Market Outlook and Forecasts

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IoT Platforms represent a convergence of software and hardware solutions to interconnect "things" (people, objects, devices, processes, data, etc.) in the real world and the virtual world via the Internet, and make the "things" communicate and interact with each other. An important function of IoT platforms will be to continuously generate, collect, share, and utilize data about users and for users. Users may be communication service providers (CSP), consumers, and/or enterprise.

IoT Platforms include those systems (software, hardware, and middleware) that enable IoT network, device, application, and service management. This includes connectivity, device administration, identity management, permissions control, data management, APIs, SDKs, and more. Hardware supported by IoT Platforms include microcontrollers, microprocessors, embedded systems, sensors, gateway devices. Various software elements (protocols, firmware, APIs, Apps and frameworks) play important role in IoT Platforms. They are used from firmware in the embedded systems to analyze data collected from devices.

This research evaluates the IoT ecosystem including major players and solutions. The report analyzes prospects within the marketplace and provides and assesses the overall market outlook and provides forecasts. All purchases of Mind Commerce reports includes time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.