UK IoT Middleware Market Trends, Size, Competitive Analysis and Forecast 2020-2026
UK IoT middleware market is projected to grow at a significant CAGR during the forecast period (2020-2026). UK is regarded as a promising nation, in terms of cloud services, owing to the advanced economy as well as the well-developed IT industry in the country. The national and local governments, along with private companies are some of the major consumers of cloud services. The MNCs are the major buyers of cloud technology, as compared to smaller firms, that have uptake rates ranging between 96% and 76%. Government spending on cloud services is growing quickly in the country, when compared to the public sector, intending to catch up with private sector cloud adoption.
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The World
Economic Forum (2019) ranks UK eighth in terms of network readiness, suggesting
that the industry is well developed as per the IT infrastructure. This has
supported fuel growth in the IoT industry, as firms are encouraged to do
business in UK. The IoT is increasingly being used in appliances, wearable
devices, cars, and energy meters through which cloud service providers are
gaining more customers and funding. In 2018, there were seven billion IoT
devices connected globally. Further, research conducted by the Cloud Industry
Forum (CIF) reveals that cloud adoption has grown significantly in small and
public sector organizations, which has certainly promoted the IoT middleware
industry in UK.
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Key questions addressed by the report
·
What is the market growth rate during the forecast
period?
·
Which segment dominates the market in the base
year?
·
Which segment will project the fastest growth in
the market during the forecast period?
·
How COVID-19 will impact the market growth in 2020
and coming years?
·
Recovery Timeline
·
Deviation from pre-COVID-19
·
Most affected segment
·
Recommendations
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
UK IoT Middleware Market – Segmentation
By Platform
·
Device Management
·
Application Management
·
Connectivity Management
By Application
·
Energy & Utilities
·
Manufacturing
·
Automotive
·
Retail
·
Healthcare
·
Others (BFSI and Defense)
Company Profiles
·
Amazon Web Services, Inc.
·
Cisco Systems, Inc.
·
Deutsche Telekom AG
·
Fujitsu Ltd.
·
GoogleLLC
·
IBM Corp.
·
Microsoft Corp.
·
MuleSoft, LLC
·
Robert Bosch GmbH
·
SAP SE
·
Schneider Electric SE
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