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Date:03/07/17

There are 450 IoT platforms in the world

There are already 450 platforms for the Internet of things (IoT) in the world, according to IoT Analytics. This number increased by 25% compared with last year.
 
Researchers divided the market of IoT-platforms into 13 vertical segments. Most companies developing platform solutions for the Internet of things are focused on industry (32%), smart cities (21%) and smart house solutions (21%).
 
In last year’s study, the dominating segment was that of smart houses, now the situation has changed. Despite the fact that the study provides data on four and a half hundred platforms from 40 countries, more than half of the platforms are developed by companies from the United States.
 
Besides, as the market is dynamically developing now, many players disappear as quickly as they appear: analysts counted 30 retired players last year. 
 
IoT is a concept of a network of physical objects equipped with built-in technologies to interact with each other, Telecom Daily reports.




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