IoT Software Market – Global Industry Analysis and Forecast (2023-2029)

IoT Software Market size is expected to reach nearly US $ 3.38 Bn by 2029 with the CAGR of 23.4 % during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. IoT Software MarketTo know about the Research Methodology:-Request Free Sample Report

IoT Software Market Segment Analysis

Software became an important segment for the whole IoT industry after hardware and services with the security spending crossing the USD 1.5 billion in 2022 itself. The market for software will grow at a huge rate with double digit compounded annual growth rate as a result of growing government involvement, and technological evolution in the business and consumer sector being the main contributing factors. Software testing divisions in IoT sector are facing ever growing challenge of software and hardware interaction with inability of transmitting huge amount of real time data. The variety of real-time scenarios with heterogeneous sensors and protocol makes testing extremely complex. Organizations who want to stay ahead in competition when it comes to the quality of their IoT experience, need to consider the right mix of manual and automation testing. Enabling the storage, processing, data collection, manipulation and instruction are the functions of the software segment. IoT applications extend the reach of existing systems and software to allow a wider, more effective system. It integrate predefined devices for specific purposes like allowing certain mobile devices or engineering instruments access. It supports improved productivity and more accurate data collection.

IoT Software Market Regional Insight

North America and Europe with countries like US, Germany and UK have been a few regions to initially embark on the IoT and cloud based paradigm for business and consumer sector. The security concerns related to the IoT devices that enable easy communication through artificial intelligence have eventually led to the higher application security software through cloud, endpoint, networking and application types. European Union alone have invested more than 50 million USD on transformation of the security sector which is likely to cross USD 70 million by 2022. The objective of the report is to present comprehensive Global IoT Software Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global IoT Software Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global IoT Software Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global IoT Software Market North America for Asia Pacific make the report investor’s guide.

IoT Software Market, Key Highlights:

Global IoT Software Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global IoT Software Market Global IoT Software Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Global IoT Software Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global IoT Software Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global IoT Software Market are also profiled.

IoT Software Market Scope : Inquire before buying

Global IoT Software Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US$ 0.77 Bn.
Forecast Period 2023 to 2029 CAGR: 23.40% Market Size in 2029: US$ 3.38 Bn.
Segments Covered: by Type Real-time Streaming Analytics Software Security Solution Software Data Management Software Remote Monitoring System Software Network Bandwidth Management Software
by Application Building and Home Automation Manufacturing Retail Transportation Others

IoT Software Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)

IoT Software Market, Key Players are

1. Cisco 2. Centri Technology 3. Armis 4. Bastille 5. Claroty 6. DarkMatter 7. Dedrone 8. Dell EMC 9. EY 10. ForgeRock 11. McAfee 12. NewSkY Security 13. Palo Alto Networks 14. Praetorian 15. Prove & Run 16. Pwnie Express 17. Qadium 18. Rapid7 19. Raytheon Cyber 20. SecureRF 21. Sophos 22. Symantec 23. Thales 24. V5 Systems 25. Zingbox 26. Microsoft Corporation 27. IBM Corporation 28. Thingworx 29. Artik 30. HP 31. Salesforce Frequently Asked Questions: 1. Which region has the largest share in Global Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Market? Ans: The Global IoT Software Market is growing at a CAGR of 23.4% during forecasting period 2023-2029. 3. What is scope of the Global market report? Ans: Global IoT Software Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global  market? Ans: The important key players in the Global IoT Software Market are – Cisco, Centri Technology, Armis, Bastille, Claroty, DarkMatter, Dedrone, Dell EMC, EY, ForgeRock, McAfee, NewSkY Security, Palo Alto Networks, Praetorian, Prove & Run, Pwnie Express, Qadium, Rapid7, Raytheon Cyber, SecureRF, Sophos, Symantec, Thales, V5 Systems, Zingbox, Microsoft Corporation, IBM Corporation, Thingworx, Artik, HP, and Salesforce 5. What is the study period of this market? Ans: The Global IoT Software Market is studied from 2022 to 2029.
1. IoT Software Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. IoT Software Market: Dynamics 2.1. IoT Software Market Trends by Region 2.1.1. North America IoT Software Market Trends 2.1.2. Europe IoT Software Market Trends 2.1.3. Asia Pacific IoT Software Market Trends 2.1.4. Middle East and Africa IoT Software Market Trends 2.1.5. South America IoT Software Market Trends 2.2. IoT Software Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America IoT Software Market Drivers 2.2.1.2. North America IoT Software Market Restraints 2.2.1.3. North America IoT Software Market Opportunities 2.2.1.4. North America IoT Software Market Challenges 2.2.2. Europe 2.2.2.1. Europe IoT Software Market Drivers 2.2.2.2. Europe IoT Software Market Restraints 2.2.2.3. Europe IoT Software Market Opportunities 2.2.2.4. Europe IoT Software Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific IoT Software Market Drivers 2.2.3.2. Asia Pacific IoT Software Market Restraints 2.2.3.3. Asia Pacific IoT Software Market Opportunities 2.2.3.4. Asia Pacific IoT Software Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa IoT Software Market Drivers 2.2.4.2. Middle East and Africa IoT Software Market Restraints 2.2.4.3. Middle East and Africa IoT Software Market Opportunities 2.2.4.4. Middle East and Africa IoT Software Market Challenges 2.2.5. South America 2.2.5.1. South America IoT Software Market Drivers 2.2.5.2. South America IoT Software Market Restraints 2.2.5.3. South America IoT Software Market Opportunities 2.2.5.4. South America IoT Software Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For IoT Software Industry 2.8. Analysis of Government Schemes and Initiatives For IoT Software Industry 2.9. IoT Software Market Trade Analysis 2.10. The Global Pandemic Impact on IoT Software Market 3. IoT Software Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. IoT Software Market Size and Forecast, by Type (2022-2029) 3.1.1. Real-time Streaming 3.1.2. Analytics Software 3.1.3. Security Solution Software 3.1.4. Data Management Software 3.1.5. Remote Monitoring System Software 3.1.6. Network Bandwidth Management Software 3.2. IoT Software Market Size and Forecast, by Application (2022-2029) 3.2.1. Building and Home Automation 3.2.2. Manufacturing 3.2.3. Retail 3.2.4. Transportation 3.2.5. Others 3.3. IoT Software Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America IoT Software Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America IoT Software Market Size and Forecast, by Type (2022-2029) 4.1.1. Real-time Streaming 4.1.2. Analytics Software 4.1.3. Security Solution Software 4.1.4. Data Management Software 4.1.5. Remote Monitoring System Software 4.1.6. Network Bandwidth Management Software 4.2. North America IoT Software Market Size and Forecast, by Application (2022-2029) 4.2.1. Building and Home Automation 4.2.2. Manufacturing 4.2.3. Retail 4.2.4. Transportation 4.2.5. Others 4.3. North America IoT Software Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States IoT Software Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Real-time Streaming 4.3.1.1.2. Analytics Software 4.3.1.1.3. Security Solution Software 4.3.1.1.4. Data Management Software 4.3.1.1.5. Remote Monitoring System Software 4.3.1.1.6. Network Bandwidth Management Software 4.3.1.2. United States IoT Software Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Building and Home Automation 4.3.1.2.2. Manufacturing 4.3.1.2.3. Retail 4.3.1.2.4. Transportation 4.3.1.2.5. Others 4.3.2. Canada 4.3.2.1. Canada IoT Software Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Real-time Streaming 4.3.2.1.2. Analytics Software 4.3.2.1.3. Security Solution Software 4.3.2.1.4. Data Management Software 4.3.2.1.5. Remote Monitoring System Software 4.3.2.1.6. Network Bandwidth Management Software 4.3.2.2. Canada IoT Software Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Building and Home Automation 4.3.2.2.2. Manufacturing 4.3.2.2.3. Retail 4.3.2.2.4. Transportation 4.3.2.2.5. Others 4.3.3. Mexico 4.3.3.1. Mexico IoT Software Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Real-time Streaming 4.3.3.1.2. Analytics Software 4.3.3.1.3. Security Solution Software 4.3.3.1.4. Data Management Software 4.3.3.1.5. Remote Monitoring System Software 4.3.3.1.6. Network Bandwidth Management Software 4.3.3.2. Mexico IoT Software Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Building and Home Automation 4.3.3.2.2. Manufacturing 4.3.3.2.3. Retail 4.3.3.2.4. Transportation 4.3.3.2.5. Others 5. Europe IoT Software Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe IoT Software Market Size and Forecast, by Type (2022-2029) 5.2. Europe IoT Software Market Size and Forecast, by Application (2022-2029) 5.3. Europe IoT Software Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom IoT Software Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom IoT Software Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France IoT Software Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France IoT Software Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany IoT Software Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany IoT Software Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy IoT Software Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy IoT Software Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain IoT Software Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain IoT Software Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden IoT Software Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden IoT Software Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria IoT Software Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria IoT Software Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe IoT Software Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe IoT Software Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific IoT Software Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific IoT Software Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific IoT Software Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific IoT Software Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China IoT Software Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea IoT Software Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan IoT Software Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India IoT Software Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia IoT Software Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia IoT Software Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia IoT Software Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam IoT Software Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan IoT Software Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific IoT Software Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific IoT Software Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa IoT Software Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa IoT Software Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa IoT Software Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa IoT Software Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa IoT Software Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa IoT Software Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC IoT Software Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC IoT Software Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria IoT Software Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria IoT Software Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A IoT Software Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A IoT Software Market Size and Forecast, by Application (2022-2029) 8. South America IoT Software Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America IoT Software Market Size and Forecast, by Type (2022-2029) 8.2. South America IoT Software Market Size and Forecast, by Application (2022-2029) 8.3. South America IoT Software Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil IoT Software Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil IoT Software Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina IoT Software Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina IoT Software Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America IoT Software Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America IoT Software Market Size and Forecast, by Application (2022-2029) 9. Global IoT Software Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading IoT Software Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Cisco 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Centri Technology 10.3. Armis 10.4. Bastille 10.5. Claroty 10.6. DarkMatter 10.7. Dedrone 10.8. Dell EMC 10.9. EY 10.10. ForgeRock 10.11. McAfee 10.12. NewSkY Security 10.13. Palo Alto Networks 10.14. Praetorian 10.15. Prove & Run 10.16. Pwnie Express 10.17. Qadium 10.18. Rapid7 10.19. Raytheon Cyber 10.20. SecureRF 10.21. Sophos 10.22. Symantec 10.23. Thales 10.24. V5 Systems 10.25. Zingbox 10.26. Microsoft Corporation 10.27. IBM Corporation 10.28. Thingworx 10.29. Artik 10.30. HP 10.31. Salesforce 11. Key Findings 12. Industry Recommendations 13. IoT Software Market: Research Methodology 14. Terms and Glossary
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