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IoT Platforms and Software - Revenues Will Grow to 3 Billion Worldwide by 2021 - Research and Markets

DUBLIN — (BUSINESS WIRE) — August 26, 2016Research and Markets has announced the addition of the "IoT Platforms and Software - 2nd Edition" report to their offering.

The global third party Internet of Things (IoT) platform market increased 36 percent to 610 million in 2015. Growing at a compound annual growth rate (CAGR) of 30.8 percent, revenues are forecasted to reach 3.05 billion in 2021.

There is a wide range of software platforms available, intended to reduce cost and development time for IoT solutions by offering standardized components that can be shared across many industry verticals to integrate devices, networks and applications. Most IoT platforms available on the market today can be categorized as being a connectivity management platform, a device management platform or an application enablement platform, although there are many products that offer overlapping functionality or other unique features.

Many enterprises and organizations have already been involved in various machine-to-machine (M2M) deployments that have typically been characterized by customized solutions deployed within single industry verticals, or by one company, to improve existing business operations. IoT puts more emphasis on integration of sensors, devices and information systems across industry verticals and organizations to transform operations and enable new business models.

Highlights from this report:

Key Topics Covered:

1 The M2M and IoT ecosystem

2 Software and IT services

3 Device management platforms

4 Connectivity management platforms

5 Application enablement platforms

6 Market analysis and forecasts

Companies Mentioned:

For more information about this report visit http://www.researchandmarkets.com/research/grmgtr/iot_platforms_and

Related Topics: Software, Internet of Things and M2M


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