Global Internet of Things Cloud Platform Market Size, by Deployment, Application, End-user and Regional Forecasts 2025-2035

Description

The Global Internet of Things (IoT) Cloud Platform Market is valued approximately at USD 11.95 billion in 2024 and is projected to expand at a robust CAGR of more than 11.52% over the forecast period 2025-2035. The IoT Cloud Platform serves as a backbone for connecting devices, sensors, and applications through seamless cloud integration, enabling real-time data exchange, analytics, and intelligent automation. As enterprises accelerate digital transformation and edge-to-cloud connectivity becomes more critical, IoT platforms are increasingly leveraged for scalability, interoperability, and predictive intelligence. The surge in connected devices across industries, coupled with the push for automation in manufacturing, healthcare digitization, and the modernization of automotive systems, has been steering this market into an era of exponential growth. Moreover, the integration of artificial intelligence (AI), machine learning (ML), and advanced analytics into IoT platforms is empowering businesses to uncover new efficiencies, create personalized experiences, and unlock innovative business models.

The exponential growth in the number of connected devices has acted as a catalyst in scaling up the demand for IoT Cloud Platforms. These platforms streamline device management, orchestrate analytics, and enable secure database operations that enterprises require to thrive in an increasingly digital-first economy. According to industry reports, the number of IoT devices worldwide surpassed 15 billion in 2023 and is forecasted to double by 2030, creating unprecedented demand for cloud-native solutions. Additionally, the adoption of Industry 4.0, the emergence of 5G networks, and the rising urgency for real-time monitoring in mission-critical sectors such as healthcare and logistics are presenting significant growth avenues. However, data privacy challenges, high deployment costs for SMEs, and fragmented IoT ecosystems remain substantial hurdles to achieving seamless adoption across all geographies.

The detailed segments and sub-segments included in the report are:

By Deployment:

On-premise IoT Cloud Platform
Cloud-based IoT Platform

By Application:

Device Management
Analytics Management
Database Management

By End-user:

Automotive
Retail
Manufacturing
Healthcare

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
Cloud-based IoT Platforms are anticipated to dominate the deployment segment, securing the largest share of the market due to their scalability, cost-effectiveness, and ease of integration across diverse industries. Enterprises are gravitating towards cloud-first strategies, driven by the need for flexible infrastructure, advanced data analytics capabilities, and centralized monitoring. In contrast, on-premise IoT platforms continue to retain relevance in highly regulated industries such as healthcare and defense, where data sovereignty and security considerations remain paramount. However, the dominance of cloud-based platforms is expected to remain unchallenged, given their alignment with global digitization trends and the rising proliferation of SaaS-based IoT solutions.
From a revenue perspective, the device management application segment leads the market, generating the largest share in 2024. Device management remains the cornerstone of IoT ecosystems, ensuring secure onboarding, monitoring, configuration, and lifecycle management of billions of connected devices worldwide. As enterprises increasingly deploy IoT at scale, efficient device orchestration has become non-negotiable, thereby driving significant revenue flow into this segment. Meanwhile, analytics management is emerging as the fastest-growing application area, fueled by the explosion of big data and the need for real-time decision-making. This paints a dynamic picture in which device management holds firm in revenue contribution, while analytics-driven services are powering the next growth frontier.
Across regions, North America captured the lion's share of the market in 2025, supported by the strong presence of technology giants, rapid adoption of smart infrastructure, and deep penetration of 5G networks. The U.S. remains a global hub for IoT innovation, underpinned by significant investments in AI, cloud computing, and industrial automation. Meanwhile, the Asia Pacific region is projected to grow at the fastest pace during the forecast period. The acceleration of industrialization in China and India, coupled with the rapid digitization of retail and healthcare sectors, has amplified demand for IoT platforms. Europe continues to emphasize regulatory frameworks and data security standards, ensuring widespread adoption in manufacturing and automotive industries. Additionally, the Middle East & Africa are steadily emerging with investments in smart city initiatives, while Latin America's growth is bolstered by expanding IoT deployments in retail and utilities.

Major market players included in this report are:

Amazon Web Services (AWS)
Microsoft Corporation
Google LLC (Alphabet Inc.)
IBM Corporation
Oracle Corporation
Cisco Systems, Inc.
Siemens AG
Huawei Technologies Co., Ltd.
PTC Inc.
Intel Corporation
SAP SE
Hewlett Packard Enterprise (HPE)
Dell Technologies Inc.
Bosch.IO GmbH
AT&T Inc.

Global Internet of Things (IoT) Cloud Platform Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained above.

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Internet of Things (IoT) Cloud Platform Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Internet of Things (IoT) Cloud Platform Forces Analysis

3.1. Market Forces Shaping The Global Internet of Things (IoT) Cloud Platform (2024-2035)
3.2. Drivers
- 3.2.1. Surge in connected devices across industries
- 3.2.2. Push for automation in industries
3.3. Restraints
- 3.3.1. High deployment costs for SMEs
3.4. Opportunities
- 3.4.1. Integration of artificial intelligence (AI), machine learning (ML), and advanced analytics into IoT platforms

Chapter 4. Global Spacer Fluid Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Internet of Things (IoT) Cloud Platform Size & Forecasts by Deployment 2025-2035

5.1. Market Overview
5.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
5.3. On-premise IoT Cloud Platform
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Cloud-based IoT Platform
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Internet of Things (IoT) Cloud Platform Size & Forecasts by Application 2025-2035

6.1. Market Overview
6.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
6.3. Device Management
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Analytics Management
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
6.5. Database Management
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Internet of Things (IoT) Cloud Platform Size & Forecasts by End Use 2025-2035

7.1. Market Overview
7.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
7.3. Automotive
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. Retail
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
7.5. Manufacturing
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035
7.6. Healthcare
- 7.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.6.2. Market size analysis, by region, 2025-2035

Chapter 8. Global Internet of Things (IoT) Cloud Platform Size & Forecasts by Region 2025-2035

8.1. Growth Internet of Things (IoT) Cloud Platform, Regional Market Snapshot
8.2. Top Leading & Emerging Countries
8.3. North America Internet of Things (IoT) Cloud Platform
- 8.3.1. U.S. Internet of Things (IoT) Cloud Platform
  - 8.3.1.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.3.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.3.1.3. End User breakdown size & forecasts, 2025-2035
- 8.3.2. Canada Internet of Things (IoT) Cloud Platform
  - 8.3.2.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.3.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.3.2.3. End User breakdown size & forecasts, 2025-2035
8.4. Europe Internet of Things (IoT) Cloud Platform
- 8.4.1. UK Internet of Things (IoT) Cloud Platform
  - 8.4.1.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.4.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.1.3. End User breakdown size & forecasts, 2025-2035
- 8.4.2. Germany Internet of Things (IoT) Cloud Platform
  - 8.4.2.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.4.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.2.3. End User breakdown size & forecasts, 2025-2035
- 8.4.3. France Internet of Things (IoT) Cloud Platform
  - 8.4.3.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.4.3.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.3.3. End User breakdown size & forecasts, 2025-2035
- 8.4.4. Spain Internet of Things (IoT) Cloud Platform
  - 8.4.4.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.4.4.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.4.3. End User breakdown size & forecasts, 2025-2035
- 8.4.5. Italy Internet of Things (IoT) Cloud Platform
  - 8.4.5.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.4.5.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.5.3. End User breakdown size & forecasts, 2025-2035
- 8.4.6. Rest of Europe Internet of Things (IoT) Cloud Platform
  - 8.4.6.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.4.6.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.6.3. End User breakdown size & forecasts, 2025-2035
8.5. Asia Pacific Internet of Things (IoT) Cloud Platform
- 8.5.1. China Internet of Things (IoT) Cloud Platform
  - 8.5.1.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.5.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.1.3. End User breakdown size & forecasts, 2025-2035
- 8.5.2. India Internet of Things (IoT) Cloud Platform
  - 8.5.2.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.5.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.2.3. End User breakdown size & forecasts, 2025-2035
- 8.5.3. Japan Internet of Things (IoT) Cloud Platform
  - 8.5.3.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.5.3.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.3.3. End User breakdown size & forecasts, 2025-2035
- 8.5.4. Australia Internet of Things (IoT) Cloud Platform
  - 8.5.4.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.5.4.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.4.3. End User breakdown size & forecasts, 2025-2035
- 8.5.5. South Korea Internet of Things (IoT) Cloud Platform
  - 8.5.5.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.5.5.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.5.3. End User breakdown size & forecasts, 2025-2035
- 8.5.6. Rest of APAC Internet of Things (IoT) Cloud Platform
  - 8.5.6.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.5.6.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.6.3. End User breakdown size & forecasts, 2025-2035
8.6. Latin America Internet of Things (IoT) Cloud Platform
- 8.6.1. Brazil Internet of Things (IoT) Cloud Platform
  - 8.6.1.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.6.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.6.1.3. End User breakdown size & forecasts, 2025-2035
- 8.6.2. Mexico Internet of Things (IoT) Cloud Platform
  - 8.6.2.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.6.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.6.2.3. End User breakdown size & forecasts, 2025-2035
8.7. Middle East and Africa Internet of Things (IoT) Cloud Platform
- 8.7.1. UAE Internet of Things (IoT) Cloud Platform
  - 8.7.1.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.7.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.7.1.3. End User breakdown size & forecasts, 2025-2035
- 8.7.2. Saudi Arabia (KSA) Internet of Things (IoT) Cloud Platform
  - 8.7.2.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.7.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.7.2.3. End User breakdown size & forecasts, 2025-2035
- 8.7.3. South Africa Internet of Things (IoT) Cloud Platform
  - 8.7.3.1. Deployment breakdown size & forecasts, 2025-2035
  - 8.7.3.2. Application breakdown size & forecasts, 2025-2035
  - 8.7.3.3. End User breakdown size & forecasts, 2025-2035

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Amazon Web Services (AWS)
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Financial Performance (Subject to Data Availability)
- 9.2.5. Product/Services Port
- 9.2.6. Recent Development
- 9.2.7. Market Strategies
- 9.2.8. SWOT Analysis
9.3. Microsoft Corporation
9.4. Google LLC (Alphabet Inc.)
9.5. IBM Corporation
9.6. Oracle Corporation
9.7. Cisco Systems, Inc.
9.8. Siemens AG
9.9. Huawei Technologies Co., Ltd.
9.10. PTC Inc.
9.11. Intel Corporation
9.12. SAP SE
9.13. Hewlett Packard Enterprise (HPE)
9.14. Dell Technologies Inc.
9.15. Bosch.IO GmbH
9.16. AT&T Inc.