APO RESEARCH · REPORT
IoT Platforms
An IoT platform means cloud-based and on premise software packages and related services that enable and support sophisticated IoT services. Speak specifically, An IoT platform combines several software functions into one solution to enable companies to develop and deploy Internet of Things solutions faster, better and cheaper.
Product & engineering
Understand the product.
An IoT platform means cloud-based and on premise software packages and related services that enable and support sophisticated IoT services. Speak specifically, An IoT platform combines several software functions into one solution to enable companies to develop and deploy Internet of Things solutions faster, better and cheaper.
Selected research
Industry Research
IoT Platforms Industry Research Report 2026
Market perspective
An IoT platform means cloud-based and on premise software packages and related services that enable and support sophisticated IoT services. Speak specifically, An IoT platform combines several software functions into one solution to enable companies to develop and deploy Internet of Things solutions faster, better and cheaper.
PTC (ThingWorx), Cisco (Jasper) and Microsoft captured the top three revenue share spots in the IoT Platforms market. Cisco (Jasper) dominated with 7% revenue share, followed by PTC (ThingWorx) with 6% revenue share and Microsoft with 4% revenue share.
Report Scope
Read the full market overview
This report quantifies the global IoT Platforms market in terms of revenue (US$ million) and, where applicable, service volume (K Units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to IoT Platforms.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
IoT Platforms Market by Company
PTC (ThingWorx)
Cisco (Jasper)
Microsoft
IBM
Intel
SAP
Oracle
Amazon
Telit
General Electric
Gemalto
Zebra Technologies
AT&T
Xively (LogMeIn)
Aeris
Exosite
Particle
Ayla Networks
relayr
Bosch Software Innovations
Teezle
IoT Platforms Segment by Type
Consumer IoT
Business IoT
IoT Platforms Segment by Application
Smart Home & Wearables
Smart Energy
Smart Security
Manufacturing
Transportation & Logistics
Healthcare
Others
IoT Platforms Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global IoT Platforms market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of IoT Platforms and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of IoT Platforms.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of IoT Platforms companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Consumer IoT
- Business IoT
Applications
- Smart Home & Wearables
- Smart Energy
- Smart Security
- Manufacturing
- Transportation & Logistics
- Healthcare
- Others
Companies covered
- PTC (ThingWorx)
- Cisco (Jasper)
- Microsoft
- IBM
- Intel
- SAP
- Oracle
- Amazon
- Telit
- General Electric
- Gemalto
- Zebra Technologies
- AT&T
- Xively (LogMeIn)
- Aeris
- Exosite
- Particle
- Ayla Networks
- relayr
- Bosch Software Innovations
- Teezle
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 IoT Platforms by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Consumer IoT
- 2.2.3 Business IoT
- 2.3 IoT Platforms by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Smart Home & Wearables
- 2.3.3 Smart Energy
- 2.3.4 Smart Security
- 2.3.5 Manufacturing
- 2.3.6 Transportation & Logistics
- 2.3.7 Healthcare
- 2.3.8 Others
- 2.4 Assumptions and Limitations
3 IoT Platforms Breakdown Data by Type
- 3.1 Global IoT Platforms Historic Market Size by Type (2021-2026)
- 3.2 Global IoT Platforms Forecasted Market Size by Type (2027-2032)
4 IoT Platforms Breakdown Data by Application
- 4.1 Global IoT Platforms Historic Market Size by Application (2021-2026)
- 4.2 Global IoT Platforms Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global IoT Platforms Market Perspective (2021-2032)
- 5.2 Global IoT Platforms Growth Trends by Region
- 5.2.1 Global IoT Platforms Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 IoT Platforms Historic Market Size by Region (2021-2026)
- 5.2.3 IoT Platforms Forecasted Market Size by Region (2027-2032)
- 5.3 IoT Platforms Market Dynamics
- 5.3.1 IoT Platforms Industry Trends
- 5.3.2 IoT Platforms Market Drivers
- 5.3.3 IoT Platforms Market Challenges
- 5.3.4 IoT Platforms Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top IoT Platforms Players by Revenue
- 6.1.1 Global Top IoT Platforms Players by Revenue (2021-2026)
- 6.1.2 Global IoT Platforms Revenue Market Share by Players (2021-2026)
- 6.2 Global IoT Platforms Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of IoT Platforms Head Office and Area Served
- 6.4 Global IoT Platforms Players, Product Type & Application
- 6.5 Global IoT Platforms Manufacturers Established Date
- 6.6 Global IoT Platforms Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America IoT Platforms Market Size (2021-2032)
- 7.2 North America IoT Platforms Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America IoT Platforms Market Size by Country (2021-2026)
- 7.4 North America IoT Platforms Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe IoT Platforms Market Size (2021-2032)
- 8.2 Europe IoT Platforms Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe IoT Platforms Market Size by Country (2021-2026)
- 8.4 Europe IoT Platforms Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific IoT Platforms Market Size (2021-2032)
- 9.2 Asia-Pacific IoT Platforms Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific IoT Platforms Market Size by Country (2021-2026)
- 9.4 Asia-Pacific IoT Platforms Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America IoT Platforms Market Size (2021-2032)
- 10.2 South America IoT Platforms Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America IoT Platforms Market Size by Country (2021-2026)
- 10.4 South America IoT Platforms Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa IoT Platforms Market Size (2021-2032)
- 11.2 Middle East & Africa IoT Platforms Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa IoT Platforms Market Size by Country (2021-2026)
- 11.4 Middle East & Africa IoT Platforms Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 PTC (ThingWorx)
- 12.1.1 PTC (ThingWorx) Company Information
- 12.1.2 PTC (ThingWorx) Business Overview
- 12.1.3 PTC (ThingWorx) Revenue in IoT Platforms Business (2021-2026)
- 12.1.4 PTC (ThingWorx) IoT Platforms Product Portfolio
- 12.1.5 PTC (ThingWorx) Recent Developments
- 12.2 Cisco (Jasper)
- 12.2.1 Cisco (Jasper) Company Information
- 12.2.2 Cisco (Jasper) Business Overview
- 12.2.3 Cisco (Jasper) Revenue in IoT Platforms Business (2021-2026)
- 12.2.4 Cisco (Jasper) IoT Platforms Product Portfolio
- 12.2.5 Cisco (Jasper) Recent Developments
- 12.3 Microsoft
- 12.3.1 Microsoft Company Information
- 12.3.2 Microsoft Business Overview
- 12.3.3 Microsoft Revenue in IoT Platforms Business (2021-2026)
- 12.3.4 Microsoft IoT Platforms Product Portfolio
- 12.3.5 Microsoft Recent Developments
- 12.4 Google
- 12.4.1 Google Company Information
- 12.4.2 Google Business Overview
- 12.4.3 Google Revenue in IoT Platforms Business (2021-2026)
- 12.4.4 Google IoT Platforms Product Portfolio
- 12.4.5 Google Recent Developments
- 12.5 IBM
- 12.5.1 IBM Company Information
- 12.5.2 IBM Business Overview
- 12.5.3 IBM Revenue in IoT Platforms Business (2021-2026)
- 12.5.4 IBM IoT Platforms Product Portfolio
- 12.5.5 IBM Recent Developments
- 12.6 Intel
- 12.6.1 Intel Company Information
- 12.6.2 Intel Business Overview
- 12.6.3 Intel Revenue in IoT Platforms Business (2021-2026)
- 12.6.4 Intel IoT Platforms Product Portfolio
- 12.6.5 Intel Recent Developments
- 12.7 SAP
- 12.7.1 SAP Company Information
- 12.7.2 SAP Business Overview
- 12.7.3 SAP Revenue in IoT Platforms Business (2021-2026)
- 12.7.4 SAP IoT Platforms Product Portfolio
- 12.7.5 SAP Recent Developments
- 12.8 Oracle
- 12.8.1 Oracle Company Information
- 12.8.2 Oracle Business Overview
- 12.8.3 Oracle Revenue in IoT Platforms Business (2021-2026)
- 12.8.4 Oracle IoT Platforms Product Portfolio
- 12.8.5 Oracle Recent Developments
- 12.9 Amazon
- 12.9.1 Amazon Company Information
- 12.9.2 Amazon Business Overview
- 12.9.3 Amazon Revenue in IoT Platforms Business (2021-2026)
- 12.9.4 Amazon IoT Platforms Product Portfolio
- 12.9.5 Amazon Recent Developments
- 12.10 Telit
- 12.10.1 Telit Company Information
- 12.10.2 Telit Business Overview
- 12.10.3 Telit Revenue in IoT Platforms Business (2021-2026)
- 12.10.4 Telit IoT Platforms Product Portfolio
- 12.10.5 Telit Recent Developments
- 12.11 General Electric
- 12.11.1 General Electric Company Information
- 12.11.2 General Electric Business Overview
- 12.11.3 General Electric Revenue in IoT Platforms Business (2021-2026)
- 12.11.4 General Electric IoT Platforms Product Portfolio
- 12.11.5 General Electric Recent Developments
- 12.12 Gemalto
- 12.12.1 Gemalto Company Information
- 12.12.2 Gemalto Business Overview
- 12.12.3 Gemalto Revenue in IoT Platforms Business (2021-2026)
- 12.12.4 Gemalto IoT Platforms Product Portfolio
- 12.12.5 Gemalto Recent Developments
- 12.13 Zebra Technologies
- 12.13.1 Zebra Technologies Company Information
- 12.13.2 Zebra Technologies Business Overview
- 12.13.3 Zebra Technologies Revenue in IoT Platforms Business (2021-2026)
- 12.13.4 Zebra Technologies IoT Platforms Product Portfolio
- 12.13.5 Zebra Technologies Recent Developments
- 12.14 AT&T
- 12.14.1 AT&T Company Information
- 12.14.2 AT&T Business Overview
- 12.14.3 AT&T Revenue in IoT Platforms Business (2021-2026)
- 12.14.4 AT&T IoT Platforms Product Portfolio
- 12.14.5 AT&T Recent Developments
- 12.15 Xively (LogMeIn)
- 12.15.1 Xively (LogMeIn) Company Information
- 12.15.2 Xively (LogMeIn) Business Overview
- 12.15.3 Xively (LogMeIn) Revenue in IoT Platforms Business (2021-2026)
- 12.15.4 Xively (LogMeIn) IoT Platforms Product Portfolio
- 12.15.5 Xively (LogMeIn) Recent Developments
- 12.16 Aeris
- 12.16.1 Aeris Company Information
- 12.16.2 Aeris Business Overview
- 12.16.3 Aeris Revenue in IoT Platforms Business (2021-2026)
- 12.16.4 Aeris IoT Platforms Product Portfolio
- 12.16.5 Aeris Recent Developments
- 12.17 Exosite
- 12.17.1 Exosite Company Information
- 12.17.2 Exosite Business Overview
- 12.17.3 Exosite Revenue in IoT Platforms Business (2021-2026)
- 12.17.4 Exosite IoT Platforms Product Portfolio
- 12.17.5 Exosite Recent Developments
- 12.18 Particle
- 12.18.1 Particle Company Information
- 12.18.2 Particle Business Overview
- 12.18.3 Particle Revenue in IoT Platforms Business (2021-2026)
- 12.18.4 Particle IoT Platforms Product Portfolio
- 12.18.5 Particle Recent Developments
- 12.19 Ayla Networks
- 12.19.1 Ayla Networks Company Information
- 12.19.2 Ayla Networks Business Overview
- 12.19.3 Ayla Networks Revenue in IoT Platforms Business (2021-2026)
- 12.19.4 Ayla Networks IoT Platforms Product Portfolio
- 12.19.5 Ayla Networks Recent Developments
- 12.20 relayr
- 12.20.1 relayr Company Information
- 12.20.2 relayr Business Overview
- 12.20.3 relayr Revenue in IoT Platforms Business (2021-2026)
- 12.20.4 relayr IoT Platforms Product Portfolio
- 12.20.5 relayr Recent Developments
- 12.21 Bosch Software Innovations
- 12.21.1 Bosch Software Innovations Company Information
- 12.21.2 Bosch Software Innovations Business Overview
- 12.21.3 Bosch Software Innovations Revenue in IoT Platforms Business (2021-2026)
- 12.21.4 Bosch Software Innovations IoT Platforms Product Portfolio
- 12.21.5 Bosch Software Innovations Recent Developments
- 12.22 Teezle
- 12.22.1 Teezle Company Information
- 12.22.2 Teezle Business Overview
- 12.22.3 Teezle Revenue in IoT Platforms Business (2021-2026)
- 12.22.4 Teezle IoT Platforms Product Portfolio
- 12.22.5 Teezle Recent Developments
13 Report Conclusion
14 Disclaimer
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