The global enterprise IoT market size was valued at USD 484 billion in 2020 and is anticipated to experience a CAGR of 14.1% during the forecast period to reach USD 824.6 billion by 2027. Below information is analyzed in depth in the report-
Global Enterprise IoT Market Revenue, 2018-2023, 2024-2033, (US$ Millions)
Global Enterprise IoT Market Sales Volume, 2018-2023, 2024-2033, (Units)
Share of the top five Enterprise IoT companies in 2023 (%)
Market Growth Mapping
Qualitative and quantitative methodologies were utilized in the process of market growth mapping. The report offers an extensive examination of market dynamics, including a thorough assessment of the primary factors that drive market expansion, challenges encountered by industry participants, and forthcoming trends that indicate recent development. Prospects for investment and expansion are discerned via a comprehensive SWOT analysis, which evaluates the market’s strengths, weakness, opportunities, and threats. The PESTEL analysis, which investigates the technological, environmental, political, economic, and social factors that influence the industry, provides additional depth of analysis. Furthermore, the report incorporates an analysis of PORTER'S 5 forces, which provides valuable perspectives on the sector's profitability and competitive intensity. Moreover, the report covers regulatory landscape, COVID-19 impact analysis, customer sentiment and behavior, trade analysis, supply-demand analysis, and the influence of government policies and other macroeconomic factors.
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Enterprise IoT Market Segmentation:
This study offers a thorough segmentation of the Enterprise IoT market based on an in-depth examination of the product portfolios and customers of key regional and global market players. By means of a comprehensive examination, we offer detailed perspectives on market segmentation, assisting stakeholders in comprehending the diverse aspects and variables that impact the Enterprise IoT market.
Based on the type, the enterprise IoT market has been segmented into –
Solution
Data Management
Network Bandwidth Management
Remote Monitoring
Security
Real-Time Streaming Analytics
Services
Professional Services
Support and Maintenance
Consulting
Deployment
Integration Managed Services
Based on the platform, the enterprise IoT market has been segmented into –
Device Management
Application Management
Network Management
Based on the application, the enterprise IoT market has been segmented into –
SMEs
Large Enterprises
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The key companies covered in the market report are:
Intel Corporation
Cisco Systems Incorporation
Microsoft Corporation
Oracle Corporation
IBM Corporation
Google Incorporated
Hewlett Packard Enterprise
Amazon Web Services Incorporated
Bosch Software Innovations GmbH
Verizon Communications
Siemens AG
AT&T Incorporated
SAP SE
Huawei Technologies