December 8, 2021

IoT Platform Market to grow by USD 12.51 Bn from 2021 to 2025| Large-scale Benefits of Using IoT Devices to Boost Market Growth |17000+ Technavio Reports

NEW YORK, Oct. 20, 2021 /PRNewswire/ — The “IoT Platform Market by End-user (Manufacturing, Retail, Healthcare, ICT, and Others) and…

NEW YORK, Oct. 20, 2021 /PRNewswire/ — The “IoT Platform Market by End-user (Manufacturing, Retail, Healthcare, ICT, and Others) and Geography (North America, Europe, APAC, MEA, and South America) – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the IoT platform market between 2021 and 2025 is USD 12.51  billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Key Market Dynamics:

  • Market Driver
  • Market Challenges

The large-scale benefits of using IoT devices and the growing demand for smart homes are some of the key market drivers. However, factors such as the rise in privacy and security issues will challenge market growth.

To learn about additional key drivers, trends, and challenges available with TechnavioTake a look at our FREE Sample Report right now!

 APAC will be the leading region with 34% of the market’s growth during the forecast period. China and Japan are the key markets for IoT platforms in APAC.

View our sample report for accurate prediction of the contribution of all the segments, and regional opportunities in store.

 Some Companies Mentioned 

    • Inc.
    • Cisco Systems Inc.
    • Intel Corp.
    • Microsoft Corp.
    • Nokia Corp.

To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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IoT Platform Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of over 26.67%

Market growth 2021-2025

USD 12.51 billion

Market structure


YoY growth (%)


Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

APAC at 34%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alphabet Inc., Inc., AT and T Inc., Cisco Systems Inc., Huawei Investment and Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nokia Corp., and Siemens AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

  • Executive Summary
  • Market Landscape
  • Market Sizing
  • Five Forces Analysis
  • Market Segmentation by End-user
  • Customer landscape
  • Geographic Landscape
  • Vendor Landscape
  • Vendor Analysis
  • Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research

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Media & Marketing Executive

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UK: +44 203 893 3200


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