The article cited AMA's "Global IOT Connectivity Management Platform (CMP) Market Study" explored substantial growth of %. According to the report, Development of Innovative CMP Platforms that Support Multiple Connectivity Technologies is one of the primary growth factors for the market. Growing IoT Devices or Sensors Adoption in Various Industries for Number of Applications
is also expected to contribute significantly to the IOT Connectivity Management Platform (CMP) market. Overall, applications of IOT Connectivity Management Platform (CMP), and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The , such as , is boosting the IOT Connectivity Management Platform (CMP) market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global IOT Connectivity Management Platform (CMP) market identified that the demand is rising in many different parts of the world as "Increasing Investment in IIoT Devices or Sensors by Manufacturing Industry". Furthermore, some recent industry insights like "In 2019, Honeywell International launched the industrial IoT platform, Honeywell Forge, for airlines, industrials, and buildings. The new platform analyzes building data such as energy, asset, occupant, and tenant billing management by leveraging artificial intelligence. The analytics includes maintenance, optimization, and cybersecurity and collects data from equipment, process, and people to provide insights to the infrastructure operator." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global IOT Connectivity Management Platform (CMP) market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the IOT Connectivity Management Platform (CMP) market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall IOT Connectivity Management Platform (CMP) market size is calculated using market estimation process, the IOT Connectivity Management Platform (CMP) market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global IOT Connectivity Management Platform (CMP) market size has been validated using both top-down and bottom-up approaches.