The IoT Middleware market was valued at $7.51 billion in 2019 and is expected to reach USD 22.36 billion by 2025 and is expected to hit a CAGR of 19% over the forecast period 2020-2025. Emerging applications and business models have played an important role in facilitating IoT adoption, along with reducing device costs, and consequently increasing the number of connected devices such as connected cars, machines, meters, wearables and consumer electronics.
A full report of IoT Middleware Market is available at: https://www.orionmarketreports.com/iot-middleware-market/44546/
IoT Middleware Market Key Segments:
By Type
• Device Management
• Application Management
• Connectivity Management
By Organization Size
• Large Enterprises
• Small & Medium-Sized Enterprises (SMEs)
By Industry Verticals
• BFSI
• Healthcare & Life Sciences
• Telecommunications & IT
• Government & Public Sector
• Manufacturing
• Consumer Goods & Retail
• Media & Entertainment
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
