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  • The Global IoT Middleware Market Is Expected To Reach USD 14.31 Billion by the Year 2024


    (I-SoftwareNews.Com, January 06, 2018 ) Middleware is a part of IoT architecture which ensures connectivity among different complex and existing multiple programs by providing services to ensure and enhance the communication among software. IoT Middleware supports collection and transmission of data to application layer from various endpoints like Zigbee, Zwave and so on.

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    Major boosting attributes which are responsible for the growth of IoT middleware market include high demand for application integrators and security vendors, increasing demand for different connected devices, rising advancement in development and deployment of applications of IoT, high Investment, Prioritization and Planning (IRP) and cost control.

    IoT middleware market is segmented into many segments, depending upon application and platform into application management, data management, connectivity management, application enablement platform, and device management platform, based on services as system integration and professional’s services, end-users, verticals and also based on regions.

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    North-America held the highest share in Global IoT Middleware Market in 2017, Asia-Pacific -leading market in terms of CAGR by 2024

    North-America followed by Europe are found to have the highest IoT Middleware market share, and Asia-Pacific is found to lead the market with respect to CAGR throughout the forecast period due to technological advancements and also due to a factor that the key vendors are drawing their attention over the regions of Asia-Pacific for market expansion.

    The leading industrial players in IoT Middleware Market are Cisco Systems, Inc., ProSyst Software GmbH, ClearBlade, Inc., Davra Networks, Mulesoft, Oracle Corporation, RedHat Linux and WSO2.

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