DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Internet of Things (IoT) Operating Systems Market by Component Type (Client Side, Server Side, and Professional Services), User Type (Large Enterprises and SMES), Application Area, and Region - Global Forecast to 2022" report to their offering.
The IoT operating systems market is expected to grow from USD 289.2 million in 2017 to USD 1,721.3 million by 2022, at a Compound Annual Growth Rate (CAGR) of 42.9%.
The increasing traction for emergence of cloud computing, mobility technology, and growing need for data consistency in the enterprises are driving the IoT (Internet of Things) operating systems market.
With the increasing rate of portable device adoption, the demand for cloud computing and mobility technology in the operating systems industry has become a crucial factor impacting the IoT operating systems market. The mobility is driven by cloud computing technology, making mobile devices a vital business platform. In addition, a unified operating systems throughout the enterprise could dynamically manage volatile data replication issues.
The continuous exposure to software licensing, Internet Protocol (IP) violation, increasing risk for private data, and lack of consistency among standards for interconnectivity and interoperability are some of the challenges for the growth of the market.
Professional services are used during and after the implementation of IoT operating systems. It also provides timely access to skilled resources, and program and project management capabilities for heterogeneous quality standards across numerous locations. These services include consulting, deployment and integration, and maintenance and support. With the growing implementation of IoT infrastructure, the need to efficiently deploy and integrate IoT devices in-line with business functions is also growing, hence fueling the need for professional services in the IoT operating systems market.
The smart building and home automation application is readily available in the market today; moreover, equipment manufacturers are also ready to add value to IoT. Automated processes make use of real-time IoT information from users, systems, and devices, to optimize resource efficiency, reduce costs and risks, and improve the visibility of operations. Along with the ease of access and utility, IoT also ensures the safety and security aspect of the home.
North America is projected to have the largest market size during the forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 IoT Operating Systems Market Analysis, By Component
7 IoT Operating Systems Market Analysis, By User Type
8 IoT Operating Systems Market Analysis, By Application Area
9 Geographic Analysis
10 Company Profiles
- Apple, Inc.
- ARM Ltd.
- Blackberry Limited
- Canonical Ltd
- ENEA AB
- Esol Co. Ltd.
- Google, Inc.
- Green Hills Software
- Kaspersky Lab
- Mentor Graphics Corporation, A Subsidiary of Siemens
- Microsoft Corporation
- SYSGO AG, A Subsidiary of Thales Group
- Wind River
For more information about this report visit http://www.researchandmarkets.com/research/6c4pk6/internet_of