PUBLISHER: Grand View Research | PRODUCT CODE: 1575199
PUBLISHER: Grand View Research | PRODUCT CODE: 1575199
IoT Middleware Market Size, Share & Trends Analysis Report By Platform, By Enterprise Size (Large Enterprises, Small & Medium Enterprises), By Industry Vertical, By Region, And Segment Forecasts, 2024 - 2030
IoT Middleware Market Size & Trends:
The global IoT middleware market size was estimated at USD 15.64 billion in 2023 and is expected to grow at a CAGR of 14.7% from 2024 to 2030.The market is driven by the increasing adoption of IoT across various industries, including manufacturing, healthcare, and smart cities. The primary factors driving the market include the growing demand for cloud-based middleware solutions, which offer scalability and flexibility, and the increasing focus on security features within middleware to address concerns around data privacy and cyber threats. In addition, the push towards standardization in IoT technologies is leading to the development of more interoperable middleware platforms, further accelerating market expansion.
The convergence of Information Technology (IT) and Operational Technology (OT) is a key factor driving the growth of the internet of things (IoT) middleware market. As industries embrace digital transformation, there is an increasing need to link traditional operational systems with modern IT infrastructures. This integration allows organizations to harness data analytics, machine learning, and artificial intelligence to improve operational efficiency and reduce costs. IoT middleware is essential in bridging this gap by enabling seamless communication between diverse systems, thereby enhancing collaboration and data sharing across different parts of the organization.
In addition, the rapid adoption of cloud computing technologies is significantly influencing the growth of the IoT middleware market. Cloud platforms offer scalable resources that can accommodate the vast amounts of data generated by connected devices without requiring extensive on-premises infrastructure. This shift towards cloud-based solutions allows organizations to deploy IoT applications more efficiently while reducing capital expenditures associated with hardware investments. In addition, cloud-based IoT middleware solutions provide enhanced flexibility and accessibility, enabling businesses to manage their operations remotely and respond quickly to changing market demands. This trend is expected to further fuel the market growth in coming years.
Furthermore, advancements in high-speed network technologies such as 5G are driving the adoption of IoT middleware solutions. The increased bandwidth and reduced latency offered by these technologies enable real-time data transmission between devices, which is critical for applications requiring immediate responses, such as autonomous vehicles or smart manufacturing systems. As organizations seek to harness the full potential of IoT applications that rely on real-time connectivity, the demand for sophisticated middleware solutions capable of managing these interactions is expected to continue to rise in coming years.
Moreover, there is a heightened focus on implementing robust security measures within IoT middleware solutions to protect sensitive data and ensure secure communications between devices. This trend drives innovation in security features within middleware platforms as well as emphasizes the importance of compliance with regulatory standards governing data protection.
Global IoT Middleware Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global IoT middleware market report based on platform, enterprise size, industry vertical and region:
- Platform Outlook (Revenue, USD Billion, 2018 - 2030)
- Device Management
- Application Management
- Connectivity Management
- Security Management
- Data Management
- Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)
- Large Enterprises
- Small And Medium Enterprises
- Industry Vertical Outlook (Revenue, USD Billion, 2018 - 2030)
- Agriculture
- Automotive & Transportation
- BFSI
- Education
- Energy & Utilities
- Government & Defense
- Healthcare
- IT & Telecom
- Manufacturing
- Retail & Consumer Goods
- Tourism & Hospitality
- Others
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- China
- Australia
- Japan
- India
- South Korea
- Latin America
- Brazil
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. IoT Middleware Market Snapshot
- 2.2. IoT Middleware Market- Segment Snapshot
- 2.3. IoT Middleware Market- Competitive Landscape Snapshot
Chapter 3. IoT Middleware Enterprise Size Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.3.4. Industry Opportunities
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's analysis
- 3.4.2. Macroeconomic analysis
- 3.5. Technology Trends
Chapter 4. IoT Middleware Market: Platform Estimates & Trend Analysis
- 4.1. Platform Movement Analysis & Market Share, 2023 & 2030
- 4.2. IoT Middleware Market Estimates & Forecast, By Platform (USD Billion)
- 4.2.1. Device Management
- 4.2.2. Application Management
- 4.2.3. Connectivity Management
- 4.2.4. Security Management
- 4.2.5. Data Management
Chapter 5. IoT Middleware Market: Enterprise Size Estimates & Trend Analysis
- 5.1. Enterprise Size Movement Analysis & Market Share, 2023 & 2030
- 5.2. IoT Middleware Market Estimates & Forecast, By Enterprise Size (USD Billion)
- 5.2.1. Large Enterprises
- 5.2.2. Small and Medium Enterprises
Chapter 6. IoT Middleware Market: Industry Vertical Estimates & Trend Analysis
- 6.1. Industry Vertical Movement Analysis & Market Share, 2023 & 2030
- 6.2. IoT Middleware Market Estimates & Forecast, By Industry Vertical (USD Billion)
- 6.2.1. Agriculture
- 6.2.2. Automotive & Transportation
- 6.2.3. BFSI
- 6.2.4. Education
- 6.2.5. Energy & Utilities
- 6.2.6. Government & Defense
- 6.2.7. Healthcare
- 6.2.8. IT & Telecom
- 6.2.9. Manufacturing
- 6.2.10. Retail & Consumer Goods
- 6.2.11. Tourism & Hospitality
- 6.2.12. Others
Chapter 7. Regional Estimates & Trend Analysis
- 7.1. IoT Middleware Market by Region, 2023 & 2030
- 7.2. North America
- 7.2.1. North America IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. U.S.
- 7.2.3. Canada
- 7.2.4. Mexico
- 7.3. Europe
- 7.3.1. Europe IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. UK
- 7.3.3. Germany
- 7.3.4. France
- 7.3.5. Italy
- 7.3.6. Spain
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. China
- 7.4.3. Japan
- 7.4.4. India
- 7.4.5. South Korea
- 7.4.6. Australia
- 7.5. Latin America
- 7.5.1. Latin America IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Brazil
- 7.6. Middle East & Africa (MEA)
- 7.6.1. MEA IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. UAE
- 7.6.3. Saudi Arabia
- 7.6.4. South Africa
Chapter 8. IoT Middleware Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Market Positioning Analysis
- 8.7. Company Heat Map Analysis
- 8.8. Strategy Mapping
- 8.8.1. Expansion/Divestiture
- 8.8.2. Collaborations/Partnerships
- 8.8.3. New Product Launches
- 8.8.4. Contract
- 8.9. Company Profiles
- 8.9.1. Microsoft Corporation
- 8.9.1.1. Participant's Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Product Benchmarking
- 8.9.1.4. Recent Developments
- 8.9.2. Amazon Web Services, Inc.
- 8.9.2.1. Participant's Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Product Benchmarking
- 8.9.2.4. Recent Developments
- 8.9.3. Google LLC
- 8.9.3.1. Participant's Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Product Benchmarking
- 8.9.3.4. Recent Developments
- 8.9.4. Cisco Systems, Inc.
- 8.9.4.1. Participant's Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Product Benchmarking
- 8.9.4.4. Recent Developments
- 8.9.5. Hitachi, Ltd.
- 8.9.5.1. Participant's Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Product Benchmarking
- 8.9.5.4. Recent Developments
- 8.9.6. Oracle Corporation
- 8.9.6.1. Participant's Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Product Benchmarking
- 8.9.6.4. Recent Developments
- 8.9.7. SAP SE
- 8.9.7.1. Participant's Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Product Benchmarking
- 8.9.7.4. Recent Developments
- 8.9.8. PTC Inc.
- 8.9.8.1. Participant's Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Product Benchmarking
- 8.9.8.4. Recent Developments
- 8.9.9. Bosch Global Software Technologies Private Limited
- 8.9.9.1. Participant's Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Product Benchmarking
- 8.9.9.4. Recent Developments
- 8.9.10. Software AG
- 8.9.10.1. Participant's Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Product Benchmarking
- 8.9.10.4. Recent Developments
- 8.9.1. Microsoft Corporation
List of Tables
- Table 1 IoT Middleware Market - Key Market Driver Impact
- Table 2 Global IoT Middleware Market - Key Market Restraint Impact
- Table 3 Global IoT Middleware Market - Key Market Opportunities
- Table 4 Global IoT Middleware Market - Key Market Challenges
- Table 5 IoT Middleware Market Revenue Estimates and Forecast, By Platform, 2018 - 2030 (USD Billion)
- Table 6 IoT Middleware Market Revenue Estimates and Forecast, By Enterprise Size, 2018 - 2030 (USD Billion)
- Table 7 IoT Middleware Market Revenue Estimates and Forecast, By Industry Vertical, 2018 - 2030 (USD Billion)
- Table 8 Recent Developments & Impact Analysis, By Key Market Participants
- Table 9 Company Heat Map Analysis
- Table 10 Key Companies Launching New Products
- Table 11 Key Companies Pursuing Expansions
- Table 12 Key Companies Pursuing Mergers & Acquisitions
- Table 13 Key Companies Collaborations
List of Figures
- Fig. 1 Market Segmentation And Scope
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot (1/2)
- Fig. 8 Segment Snapshot (2/2)
- Fig. 9 Competitive Landscape Snapshot
- Fig. 10 IoT Middleware Market , 2018 - 2030 (USD Billion)
- Fig. 11 IoT Middleware Market - Value Chain Analysis
- Fig. 12 IoT Middleware Market - Market Dynamics
- Fig. 13 IoT Middleware Market - Porter's Five Forces Analysis
- Fig. 14 IoT Middleware Market - PESTEL Analysis
- Fig. 15 IoT Middleware Market, By Platform : Key Takeaways
- Fig. 16 IoT Middleware Market, By Platform : Market Share, 2023 & 2030
- Fig. 17 Device Management IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 18 Application Management IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 19 Connectivity Management IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 20 Security Management IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 21 Data Management IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 22 IoT Middleware Market, By Enterprise Size : Key Takeaways
- Fig. 23 IoT Middleware Market, By Enterprise Size : Market Share, 2023 & 2030
- Fig. 24 Large Enterprises IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 25 Small and Medium Enterprises IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 26 IoT Middleware Market, By Industry Vertical: Key Takeaways
- Fig. 27 IoT Middleware Market, By Industry Vertical: Market Share, 2023 & 2030
- Fig. 28 Agriculture IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 29 Automotive & Transportation IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 30 BFSI IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 31 Education IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 32 Energy & Utilities IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 33 Government & Defense IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 34 Healthcare IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 35 IT & Telecom IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 36 Manufacturing IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 37 Retail & Consumer Goods IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 38 Tourism & Hospitality IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 39 Others IoT Middleware Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
- Fig. 40 Regional Marketplace: Key Takeaways
- Fig. 41 Regional Marketplace: Key Takeaways
- Fig. 42 North America IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 43 U.S. IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 44 Canada IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 45 Mexico IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 46 Europe IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 47 Germany IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 48 UK IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 49 France IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 50 Italy IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 51 Spain IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 52 Asia Pacific IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 53 China IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 54 India IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 55 Japan IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 56 Australia IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 57 South Korea IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 58 Latin America IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 59 Brazil IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 60 MEA IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 61 Saudi Arabia IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 62 South Africa IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 63 UAE IoT Middleware Market Estimates & Forecast, 2018 - 2030 (USD Billion)
- Fig. 64 Key Company Categorization
- Fig. 65 Company Market Positioning Analysis
- Fig. 66 Strategic Framework
