Internet of Things (IoT) Middleware
Market
Internet of Things (IoT) Middleware Market Size and Growth
The IoT middleware market is experiencing significant growth, driven by increasing connectivity and automation demands. Valued at USD 2.5 billion in 2023, it is projected to expand at a CAGR of 25% over the next five years. Key factors influencing this market include integration complexities and the need for scalable solutions.
Request Sample Report
Companies Covered (Covid 19 Impact Covered)
◍ CISCO SYSTEMS
◍ ORACLE
◍ RED HAT
◍ THINGWORX
◍ PROSYST (BOSCH)
◍ CLEARBLADE
◍ DAVRA NETWORKS
◍ 2LEMETRY (AMAZON)
◍ ARRAYENT
◍ AXIROS
◍ MYDEVICES
The IoT middleware market features companies like Cisco, Oracle, Red Hat, and others providing integration, device management, and analytics solutions. They enable seamless connectivity and interoperability, driving market growth. Revenue figures include:
- Cisco: $49.8 billion
- Oracle: $44.5 billion
- Red Hat: $3.4 billion.
Request Sample Report
Market Segmentation
By Application
Medical
Energy, Utilities ◍ Transportation And Logistics
Agricultural
Other
Request Sample Report
By Product
System Integration
Professional Services
Market Growth
Request Sample Report
$ X Billion USD
