The Asia Pacific Enterprise IoT Market should witness market growth of 16.4% CAGR during the forecast period (2022-2028).
It is predicted that government-supported initiatives and market expansion efforts by leading industry players will increase the adoption of enterprise IoT globally. For example, the government of India has committed over USD 900 million, specifically in innovative city projects. In more than 100 smart cities, the investment is concentrated on creating smart parking, intelligent transportation systems, waste management, bright lighting, and smart city maintenance, among other things.
Additionally, as Enterprise IoT solutions evolve, human-machine interaction becomes more effective, enhancing operational productivity, safety, and efficiency. As a result, customer demand for applications like remote management and predictive maintenance, among others, rises.
IoT sector advances throughout the years have concentrated on reducing energy usage and enhancing output performance. For instance, Texas Instruments created the first DC/DC buck-boost converter in the industry in September 2020, increasing battery life by 50%. Consequently, it is anticipated that the benefit of energy conservation in a wireless environment will open up lucrative business prospects.
Despite major upheavals, India's banking system has traditionally been among the most stable in the world. Through a number of measures designed to expand access to banking for the nation's unbanked citizens, the government has continually worked to promote financial inclusion. This is contributing to the rapid pace of technological advancements in the regional banking sector.
The China market dominated the Asia Pacific Enterprise IoT Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $58, 892.6 million by 2028.The Japan market is estimated to grow a CAGR of 15.7% during (2022-2028). Additionally, The India market would experience a CAGR of 17.1% during (2022-2028).
Based on Enterprise Type, the market is segmented into Large Enterprise and Small & Medium Sized Enterprise. Based on Component, the market is segmented into Hardware, Software & Solutions and Services. Based on Software & Solutions Type, the market is segmented into Surveillance & Security, Network & Connectivity Management, Data Management, Application Management and Device Management. Based on End-use, the market is segmented into Manufacturing, Oil & Gas, Utilities, Transport, BFSI, IT & Telecom, Healthcare and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Cisco Systems, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Siemens AG, Robert Bosch GmbH, and PTC, Inc.
It is predicted that government-supported initiatives and market expansion efforts by leading industry players will increase the adoption of enterprise IoT globally. For example, the government of India has committed over USD 900 million, specifically in innovative city projects. In more than 100 smart cities, the investment is concentrated on creating smart parking, intelligent transportation systems, waste management, bright lighting, and smart city maintenance, among other things.
Additionally, as Enterprise IoT solutions evolve, human-machine interaction becomes more effective, enhancing operational productivity, safety, and efficiency. As a result, customer demand for applications like remote management and predictive maintenance, among others, rises.
IoT sector advances throughout the years have concentrated on reducing energy usage and enhancing output performance. For instance, Texas Instruments created the first DC/DC buck-boost converter in the industry in September 2020, increasing battery life by 50%. Consequently, it is anticipated that the benefit of energy conservation in a wireless environment will open up lucrative business prospects.
Despite major upheavals, India's banking system has traditionally been among the most stable in the world. Through a number of measures designed to expand access to banking for the nation's unbanked citizens, the government has continually worked to promote financial inclusion. This is contributing to the rapid pace of technological advancements in the regional banking sector.
The China market dominated the Asia Pacific Enterprise IoT Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $58, 892.6 million by 2028.The Japan market is estimated to grow a CAGR of 15.7% during (2022-2028). Additionally, The India market would experience a CAGR of 17.1% during (2022-2028).
Based on Enterprise Type, the market is segmented into Large Enterprise and Small & Medium Sized Enterprise. Based on Component, the market is segmented into Hardware, Software & Solutions and Services. Based on Software & Solutions Type, the market is segmented into Surveillance & Security, Network & Connectivity Management, Data Management, Application Management and Device Management. Based on End-use, the market is segmented into Manufacturing, Oil & Gas, Utilities, Transport, BFSI, IT & Telecom, Healthcare and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Cisco Systems, Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Siemens AG, Robert Bosch GmbH, and PTC, Inc.
Scope of the Study
By Enterprise Type
- Large Enterprise
- Small & Medium Sized Enterprise
By Component
- Hardware
- Software & Solutions
- Surveillance & Security
- Network & Connectivity Management
- Data Management
- Application Management
- Device Management
- Services
By End-use
- Manufacturing
- Oil & Gas
- Utilities
- Transport
- BFSI
- IT & Telecom
- Healthcare
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Amazon.com, Inc.
- Cisco Systems, Inc.
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Siemens AG
- Robert Bosch GmbH
- PTC, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Enterprise IoT Market, by Enterprise Type
1.4.2 Asia Pacific Enterprise IoT Market, by Component
1.4.3 Asia Pacific Enterprise IoT Market, by End-use
1.4.4 Asia Pacific Enterprise IoT Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Jan - 2022, Jun) Leading Players
Chapter 4. Asia Pacific Enterprise IoT Market by Enterprise Type
4.1 Asia Pacific Large Enterprise Market by Country
4.2 Asia Pacific Small & Medium Sized Enterprise Market by Country
Chapter 5. Asia Pacific Enterprise IoT Market by Component
5.1 Asia Pacific Hardware Market by Country
5.2 Asia Pacific Software & Solutions Market by Country
5.3 Asia Pacific Enterprise IoT Market by Software & Solutions Type
5.3.1 Asia Pacific Surveillance & Security Market by Country
5.3.2 Asia Pacific Network & Connectivity Management Market by Country
5.3.3 Asia Pacific Data Management Market by Country
5.3.4 Asia Pacific Application Management Market by Country
5.3.5 Asia Pacific Device Management Market by Country
5.4 Asia Pacific Services Market by Country
Chapter 6. Asia Pacific Enterprise IoT Market by End-use
6.1 Asia Pacific Manufacturing Market by Country
6.2 Asia Pacific Oil & Gas Market by Country
6.3 Asia Pacific Utilities Market by Country
6.4 Asia Pacific Transport Market by Country
6.5 Asia Pacific BFSI Market by Country
6.6 Asia Pacific IT & Telecom Market by Country
6.7 Asia Pacific Healthcare Market by Country
6.8 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Enterprise IoT Market by Country
7.1 China Enterprise IoT Market
7.1.1 China Enterprise IoT Market by Enterprise Type
7.1.2 China Enterprise IoT Market by Component
7.1.2.1 China Enterprise IoT Market by Software & Solutions Type
7.1.3 China Enterprise IoT Market by End-use
7.2 Japan Enterprise IoT Market
7.2.1 Japan Enterprise IoT Market by Enterprise Type
7.2.2 Japan Enterprise IoT Market by Component
7.2.2.1 Japan Enterprise IoT Market by Software & Solutions Type
7.2.3 Japan Enterprise IoT Market by End-use
7.3 India Enterprise IoT Market
7.3.1 India Enterprise IoT Market by Enterprise Type
7.3.2 India Enterprise IoT Market by Component
7.3.2.1 India Enterprise IoT Market by Software & Solutions Type
7.3.3 India Enterprise IoT Market by End-use
7.4 South Korea Enterprise IoT Market
7.4.1 South Korea Enterprise IoT Market by Enterprise Type
7.4.2 South Korea Enterprise IoT Market by Component
7.4.2.1 South Korea Enterprise IoT Market by Software & Solutions Type
7.4.3 South Korea Enterprise IoT Market by End-use
7.5 Singapore Enterprise IoT Market
7.5.1 Singapore Enterprise IoT Market by Enterprise Type
7.5.2 Singapore Enterprise IoT Market by Component
7.5.2.1 Singapore Enterprise IoT Market by Software & Solutions Type
7.5.3 Singapore Enterprise IoT Market by End-use
7.6 Malaysia Enterprise IoT Market
7.6.1 Malaysia Enterprise IoT Market by Enterprise Type
7.6.2 Malaysia Enterprise IoT Market by Component
7.6.2.1 Malaysia Enterprise IoT Market by Software & Solutions Type
7.6.3 Malaysia Enterprise IoT Market by End-use
7.7 Rest of Asia Pacific Enterprise IoT Market
7.7.1 Rest of Asia Pacific Enterprise IoT Market by Enterprise Type
7.7.2 Rest of Asia Pacific Enterprise IoT Market by Component
7.7.2.1 Rest of Asia Pacific Enterprise IoT Market by Software & Solutions Type
7.7.3 Rest of Asia Pacific Enterprise IoT Market by End-use
Chapter 8. Company Profiles
8.1 Amazon.com, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.5 SWOT Analysis
8.2 Cisco Systems, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 IBM Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Intel Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.6 SWOT Analysis
8.5 Microsoft Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Oracle Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 SAP SE
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.6 SWOT Analysis
8.8 Siemens AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Robert Bosch GmbH
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.5.2 Geographical Expansions:
8.9.6 SWOT Analysis
8.10. PTC, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Product Launches and Product Expansions:
Companies Mentioned
- Amazon.com, Inc.
- Cisco Systems, Inc.
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Siemens AG
- Robert Bosch GmbH
- PTC, Inc.
Methodology
LOADING...
