4 Benefits of Cloud Platform in the Internet of Things

IoT devices go through one-time authentication which makes them vulnerable to infiltration and nefarious attacks, with each type vulnerable to different kinds.

Some primary forces driven by the adoption of IoT are:

Creation of Business Opportunities: The connected world of devices, people and data helps create numerous business opportunities for many sectors.

Strategic Decision-Making: Real-time updates offer resources to improve decision making and make fact finding more accurate.

Reduction in costs of Components: Costs of IoT components have significantly gone down, which effectively means that the cost of IoT-linked devices is getting more affordable day by day.

Internet of Things ecosystem is growing at a rapid pace.

The kitchen has always been a natural home for gadgets, and it's the room which is most likely to be transformed by the Internet of Things. Here’s a summary of how the IoT world could play out when it comes to your kitchen.

The global report on the “Internet of Things (IoT) Cloud Platform Market”, as discussed by Market Research Future (MRFR) analysts, reveals scopes for an expansion up to a valuation of USD 8.67 bn by 2023.

The large scale integration of IoT technology in the transportation sector is estimated to benefit the Internet of Things (IoT) cloud platform industry.

Moreover, the increasing demand for device management is estimated to positively reinforce the expansion of the Internet of Things cloud platform market in the impending period.Segmentation:The global Internet of Things (IoT) cloud platform market has been studied on the basis of a segmentation that includes application, deployment, platform, service, organization size, and vertical.By platform, the market has been reviewed on the basis of connectivity management, device management, and application enablement.By deployment, the report includes segments like public, private, and hybrid.By organization size, the review includes a study of large enterprise and small and medium enterprise.By service, the report on the market comprises managed services and professional services.By application, the market review assessed segments like wearable technology, smart agriculture, smart city, home automation, industrial automation, smart transportation, and others.By vertical, the global market report included segments like retail, finance, healthcare, automotive & transportation, government, hospitality, consumer electronics, industrial manufacturing, media & entertainment, education, and others.Competitive Landscape:The global market for Internet of Things (IoT) cloud platform includes a study of companies like IBM Corporation, Microsoft Corporation, Google, Ayla Network, AWS Group, SAP SE, Hauwei Technologies, Artik Cloud, GE, Salesforce.com, AT, Cisco system, and Telit.

These companies ensure growth for the market by deploying various strategic models to create a space for better revenue-generation process.

However, the COVID-19 pandemic has influenced the strategic procedures and forced companies to find out a different plan for the coming years.

Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6843 Regional Analysis:North America’s infrastructural scope and investment opportunities would back the market growth.

The Global Internet of Things (IoT) Security Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.

The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on type, solution, service, application and vertical.

These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.

The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Type – Network SecurityBy Solution – Identity and Access ManagementBy Application – Manufacturing Process ManagementBy Vertical – Banking, Financial Services, and InsuranceBy Geography – North AmericaFinal Report will cover the impact of COVID-19 on this industry.Browse the complete Global Internet of Things (IoT) Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/10459-internet-of-things-iot-security-market-reportThe report also covers the complete competitive landscape of the global Internet of Things (IoT) Security market with company profiles of key players such as:Arm Holdings PLC.Check Point Software Technologies Ltd.Cisco Systems, Inc.Gemalto NVIBM CorporationInfineon TechnologiesInside SecureIntel CorporationPTC, Inc.Sophos Group PLCSymantec CorporationTrend Micro, Inc.Wurldtech Security Technologies IncA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Type:Network SecurityEndpoint SecurityApplication SecurityCloud SecurityOthersBy Solution:Identity and Access Management (IAM)Threat IntelligenceEncryptionUnified Threat Management (UTM)Data Loss Protection (DLP)Intrusion Detection/Prevention System (IDS/IPS)Distributed Denial of Service (DDoS) ProtectionNetwork ForensicsDevice ManagementOthersBy Service:Professional ServicesManaged ServicesBy Applications:WearablesBuilding and Home AutomationSupply Chain ManagementPatient Information ManagementEnergy and Utilities ManagementCustomer Information SecurityAsset OptimizationManufacturing Process ManagementCommunication Technology ManagementTelematicsOthersBy Vertical:Banking, Financial Services, and Insurance (BFSI)RetailManufacturingHealthcareTransportation and LogisticsGovernment and DefenseEnergy and UtilitiesTelecom and ITOthersBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Internet of Things (IoT) Security Market @ https://www.decisiondatabases.com/contact/download-sample-10459The Global Internet of Things (IoT) Security Market has been exhibited in detail in the following chapters –Chapter 1 Internet of Things (IoT) Security Market PrefaceChapter 2 Executive SummaryChapter 3 Internet of Things (IoT) Security Industry AnalysisChapter 4 Internet of Things (IoT) Security Market Value Chain AnalysisChapter 5 Internet of Things (IoT) Security Market Analysis By TypeChapter 6 Internet of Things (IoT) Security Market Analysis By SolutionChapter 7 Internet of Things (IoT) Security Market Analysis By ServiceChapter 8 Internet of Things (IoT) Security Market Analysis By ApplicationsChapter 9 Internet of Things (IoT) Security Market Analysis By VerticalChapter 10 Internet of Things (IoT) Security Market Analysis By GeographyChapter 11 Competitive Landscape Of Internet of Things (IoT) Security CompaniesChapter 12 Company Profiles Of Internet of Things (IoT) Security IndustryPurchase the complete Global Internet of Things (IoT) Security Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10459Other Reports by DecisionDatabases.com:Global Corporate Web Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Endpoint Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Aviation Cyber Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.

Everseen, the leader in Visual AI™ for retail asset protection, end-to-end supply chain item-level inventory tracking, and process automation, today announced its recognition in three retail categories in Gartner’s Hype Cycle for Retail Technologies, 2020: AI in Retail, Computer Vision and Smart Check-Out (Gartner subscription required).

Everseen is the only company to be recognized in all three of these categories.This marks the company’s fourth year being recognized by Gartner for AI in Retail, its second year appearing in the Computer Vision category, and its first year in the Smart Check-Out category.“With 125 dedicated AI scientists specializing in retail, and a data factory tracking more than 160M SKUs and 20M people daily, we continue to deliver AI solutions to the retail market at scale,” said Huw Lloyd, Chief Strategy Officer at Everseen.

“To us, this recognition is a nod to the long-term investments we have made in our R team and talent, and to the significant enhancements we’ve made across our customers’ businesses, ranging from the distribution center to check-out.”Lloyd continues, “Our company’s repeat recognition alongside Microsoft, Amazon and Google in Gartner Hype Cycle for retail is a reflection of our ongoing development, expanded deployment into thousands of stores and continued adoption by the world’s largest retailers.

Since its initial appearance in Gartner’s Hype Cycle, Everseen has solidified its role as an integral component in the retail tech landscape.According to the Gartner Hype Cycle for AI in Retail, 2020, “Common business use cases for AI in retail include fraud and anomaly detection, marketing, demand forecasting, multichannel order execution, smart check-out and robotic operational assistance.

Technologies commonly found in retail AI include computer vision (CV), natural language processing (NLP), machine learning (ML), deep learning (DL), and deep neural networks (DNNs).”Gartner “Hype Cycle for Retail Technologies, 2020,” Kelsie Marian, 29 July 2020Gartner DisclaimerGartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation.

Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact.

The year 2020 will bring a new dawn in the world of technology, and businesses around the world have already geared up for it.

In many aspects, 2020 will be the breakthrough year for the Internet of Things as the usage of connected devices in both offices and homes will increase.

In such a scenario it is evident that a leading IoT service providing company will play a massive role in helping the organization to stay afloat in the ever-changing new age business scenario.

Internet of Things products will be one of the significant sources of revenue for the businesses as their will provide $300 billion to the organizations.

Thus, it becomes essential for the companies to understand the IoT trends that are going to rule in the coming year and select the perfect IoT app development company to reap fruitful results.

In simple words, the information is stored at a local device instead of storing it at the cloud.