DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kxjlmk/internet_of) has announced the addition of the "Internet of Things (IoT) Middleware Market by Type, by IoT Platform, by Services, by End Users, by Industry Verticals and by Regions - Global Forecast to 2020" report to their offering.
The global IoT middleware market is expected to reach USD 11.58 Billion by 2020 from USD 3.86 Billion in 2015, at a CAGR of 24.6% during the forecast period.
The key players in this market are Prosyst, ClearBlade, IBM Corporation, Red Hat, Inc., and Cisco Systems, Inc. Based on the various key findings and market dynamics, IoT middleware and platform market would be exciting great opportunity for all the stake holders to invest in this market.
Smaller emerging players, with increasingly growing competence are expected to give a tough competition to the major technology vendors during the forecast period.
At present, the IoT middleware market is moderately incoherent, with little acceptance over adopting middleware application during the forecast period. Companies such as Davra Networks, ClearBlade, and myDevices believe that enterprise IoT would be a service driven industry. IoT middleware platform or product supports the collection and transition of raw data and makes it available to an application layer from end points, such as Zigbee, Zwave, NFC, and Sensors. This data eventually gets translated into usable business intelligence, which effectively constitutes middleware.
From being focused on single functionality to strategizing on multi-functional solutions, and diversified technologies across industry verticals, and end users, the IoT middleware market is projected to grow exponentially. According to the report, application, platforms, and service providers play a major role in the market ecosystem; the North America and Europe accounted for approximately 60% of the overall market share in 2015.
The global IoT middleware market has been segmented on the basis of applications, platforms, services, end users, verticals, and regions.
The application market has been categorized further into application management, data management, and others. Similarly, platform covers application enablement platform, device management platform, and connectivity management platform.
The services have been classified into system integration and professional services.
The report covers SMBs and enterprises as end users of this particular market. The industry verticals covered include manufacturing, healthcare, energy and utilities, transportation and logistics, agriculture, and others (retail, BFSI, and education). The market study has also been segmented on the basis of regions into North America, Europe, APAC, MEA, and Latin America.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 IoT Middleware Market Overview
6 IoT Middleware Market: Industry Trends
7 IoT Middleware Market Analysis, By Application and Platform
8 IoT Middleware Market Analysis, By Service
9 IoT Middleware Market Analysis, By End User
10 IoT Middleware Market Analysis, By Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Key Innovators Profiles
- 2lemetry (Amazon)
- Cisco Systems, Inc.
- Clearblade, Inc.
- Davra Networks
- Oracle Corporation
- Prosyst (Bosch)
- Red Hat, Inc.
For more information visit http://www.researchandmarkets.com/research/kxjlmk/internet_of