How big is the IoT Middleware Market?

The IoT Middleware Market size is expected to reach USD 15.16 billion in 2024 and grow at a CAGR of 18.82% to reach USD 35.92 billion by 2029. Read More

What is the current IoT Middleware Market size?

In 2024, the IoT Middleware Market size is expected to reach USD 15.16 billion. Read More

Who are the key players in IoT Middleware Market?

Cisco Systems Inc., IBM Corp. (Red Hat Inc.), Oracle Corporation, ClearBlade Inc. and PTC Inc. are the major companies operating in the IoT Middleware Market. Read More

Which is the fastest growing region in IoT Middleware Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in IoT Middleware Market?

In 2024, the North America accounts for the largest market share in IoT Middleware Market. Read More

What years does this IoT Middleware Market cover, and what was the market size in 2023?

In 2023, the IoT Middleware Market size was estimated at USD 12.31 billion. The report covers the IoT Middleware Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the IoT Middleware Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

IoT Middleware Market Share

Statistics for the 2023 & 2024 IoT Middleware market share, created by Mordor Intelligence™ Industry Reports. IoT Middleware share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of IoT Middleware Industry

The IoT middleware market is highly competitive, poised to disrupt the traditional IT industry by introducing innovative solutions for enterprises. Market players are embracing key strategies such as product innovation, mergers, and acquisitions to enhance their product functionality and maintain their competitive edge. Notable companies operating in this market landscape include Cisco Systems Inc., IBM Corp., Oracle Corporation, ClearBlade Inc., and PTC Inc., among others.

In March 2023, Alliot Technologies, a specialized provider of IoT solutions, introduced its groundbreaking IoT Middleware platform called Symbius. This innovative platform is designed to eliminate the barriers associated with cellular IoT. Symbius is set to become one of the pioneering platforms of its kind, offering the unique capability to decode recorded data into a standardized format.