The US IoT middleware market is projected to grow at a considerable CAGR during the forecast period (2020-2026). In the US, the consumers for IoT connections are comparatively more than IIoT (Industrial Internet of Things) connections, as per the Congressional Research Service. However, this fact is expected to change in the future with the transformation of a range of industries into IIoT, including food and beverage, manufacturing, chemicals, automotive, and steel.
The integration of IIoT in the industrial sector is considered as the Fourth Industrial Revolution, or 4IR, as predicted by the companies and industry experts. Therefore, with the rise in the IIoT, the demand for IoT middleware will increase in the country during the forecast period.
Browse the full report description of "US IoT Middleware Market Size, Share & Trends Analysis Report by Platform (Device Management, Application Management, and Connectivity Management) and by Vertical (Energy & Utilities, Manufacturing, Automotive, Retail, Healthcare, and Others) and Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/us-iot-middleware-market
Moreover, the 5G is further expected to accelerate the usage of IoT and IIoT in the US, which is further estimated to propel the IoT middleware market in the country during the forecast period. The manufacturing sector is continuously rising in the country, owing to the presence of a huge consumer base and high awareness of advanced technologies, including IoT and AI-connected devices.
Along with consumer electronics, the demand for automation is continuously increasing in the country, which is propelling the growth of the IIoT in the US. Therefore, with the rise in the IIoT in the industrial sector, the demand for IoT middleware will increase in the country during the forecast period.
Market Coverage
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Report Elements |
Details |
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Study Period |
2019-2026 |
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Base year |
2019 |
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Forecast period |
2020-2026 |
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Segments Covered |
By Platform and By Vertical |
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Key Companies Profiled |
Cisco Systems, Inc., Microsoft Corp.,
Oracle Corp., IBM Corp., Google LLC, and Amazon Web Services, Inc. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID-19
o Most affected segment
o Recommendations
US IoT Middleware Market – Segmentation
By Platform
By Application