IoT Cloud Platform Market Growth, Size, Share, Trends, and Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: IoT Cloud Platform Market covers analysis by Deployment Model, Platform and Application, and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Feb 2026
  • Report Code : TIPTE100000224
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Jan 2025

The IoT Cloud Platform Market size is expected to reach US$ 38.07 Billion

IoT Cloud Platform Report Scope

Report Attribute Details
Market size in 2024 US$ XX Billion
Market Size by 2031 US$ 38.07 Billion?
Global CAGR (2025 - 2031) 9.8%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Platform
  • IoT Connectivity Platforms
  • IoT Device Management Platforms
  • IoT Application Enablement Platforms
  • loT Analytics Platforms
  • IoT Hardware Development Platforms & IoT Integration Platforms
By Organization Size
  • Small & Medium Enterprises and Large Enterprises
By Deployment Model
  • Cloud and On-Premises
By Application
  • Consumer loT
  • Enterprise loT
  • Industrial loT
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Amazon Web Services, Inc.
  • General Electric
  • Google Inc.
  • iControl Network
  • IBM Corporation
  • Microsoft Corporation
  • PubNub, Inc.
  • Salesforce, Inc.
  • Samsung Electronics Co. Ltd

Frequently Asked Questions

1

What are the options available for the customization of this report?

Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation as our team would review the same and check the feasibility
2

What are the deliverable formats of the IoT cloud platform market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
3

What are the driving factors impacting the IoT cloud platform market?

The major factors driving the IoT cloud platform market are:

1. Rapid Growth in IoT Device Adoption

2. Scalability and Flexibility of Cloud Solutions
4

What are the future trends of the IoT cloud platform market?

Real-Time Data Processing and Analytics is anticipated to play a significant role in the global IoT cloud platform market in the coming years
5

What is the expected CAGR of the IoT cloud platform market?

The IoT Cloud Platform Market is estimated to witness a CAGR of 9.8% from 2025 to 2031
Ankita Mittal
Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

  • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
  • PEST and SWOT Analysis
  • Market Size Value / Volume - Global, Regional, Country
  • Industry and Competitive Landscape
  • Excel Dataset

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