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Writer's picturesiddhesh kapshikar
Nov 27, 20234 min read

IoT Cloud Service Market, Global Outlook and Forecast 2023-2030

The global IoT Cloud Service market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


IoT Cloud Service can provide business users with much a much more comprehensive and integrated perspective on customers, without requiring technical expertise or the services of a data analyst. The platform can take in billions of events a day and users can build rules that specify events to act on and what actions to take.


This report aims to provide a comprehensive presentation of the global market for IoT Cloud Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Cloud Service. This report contains market size and forecasts of IoT Cloud Service in global, including the following market information:


Global IoT Cloud Service Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global top five companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.

Training and Consulting Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of IoT Cloud Service include AWS, Microsoft, Google, Cisco Systems, IBM, Oracle, Salesforce, SAP and PTC, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the IoT Cloud Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global IoT Cloud Service Market, by Type, 2018-2023, 2024-2030 ($ millions)

Global IoT Cloud Service Market Segment Percentages, by Type, 2022 (%)


  • Training and Consulting

  • Integration and Deployment

  • Support and Maintenance

  • Managed Services


Global IoT Cloud Service Market, by Application, 2018-2023, 2024-2030 ($ millions)

Global IoT Cloud Service Market Segment Percentages, by Application, 2022 (%)


  • Building and Home Automation

  • Smart Manufacturing

  • Smart Transportation

  • Connected Healthcare

  • Smart Retail

  • Smart Grid and Utilities

  • Others


Global IoT Cloud Service Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)

Global IoT Cloud Service Market Segment Percentages, By Region and Country, 2022 (%)


  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Russia

  • Nordic Countries

  • Benelux

  • Rest of Europe

  • Asia

  • China

  • Japan

  • South Korea

  • Southeast Asia

  • India

  • Rest of Asia

  • South America

  • Brazil

  • Argentina

  • Rest of South America

  • Middle East & Africa

  • Turkey

  • Israel

  • Saudi Arabia

  • UAE

  • Rest of Middle East & Africa


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies IoT Cloud Service revenues in global market, 2018-2023 (estimated), ($ millions)

  • Key companies IoT Cloud Service revenues share in global market, 2022 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • AWS

  • Microsoft

  • Google

  • Cisco Systems

  • IBM

  • Oracle

  • Salesforce

  • SAP

  • PTC

  • Samsung


Outline of Major Chapters:

Chapter 1: Introduces the definition of IoT Cloud Service, market overview.

Chapter 2: Global IoT Cloud Service market size in revenue.

Chapter 3: Detailed analysis of IoT Cloud Service company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by 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 6: Sales of IoT Cloud Service in regional level and country level. 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 of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports1.1 IoT Cloud Service Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global IoT Cloud Service Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global IoT Cloud Service Overall Market Size2.1 Global IoT Cloud Service Market Size: 2022 VS 20302.2 Global IoT Cloud Service Market Size, Prospects & Forecasts: 2018-20302.3 Key Market Trends, Opportunity, Drivers and Restraints2.3.1 Market Opportunities & Trends2.3.2 Market Drivers2.3.3 Market Restraints3 Company Landscape3.1 Top IoT Cloud Service Players in Global Market3.2 Top Global IoT Cloud Service Companies Ranked by Revenue3.3 Global IoT Cloud Service Revenue by Companies3.4 Top 3 and Top 5 IoT Cloud Service Companies in Global Market, by Revenue in 20223.5 Global Companies IoT Cloud Service Product Type3.6 Tier 1, Tier 2 and Tier 3 IoT Cloud Service Players in Global Market3.6.1 List of Global Tier 1 IoT Cloud Service Companies3.6.2 List of Global Tier 2 and Tier 3 IoT Cloud Service Companies4 Market Sights by Product4.1 Overview4.1.1 By Type - Global IoT Cloud Service Market Size Markets,

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