UK IoT middleware market is projected to grow at a significant CAGR during the forecast period (2020-2026). UK is regarded as a promising nation, in terms of cloud services, owing to the advanced economy as well as the well-developed IT industry in the country. The national and local governments, along with private companies are some of the major consumers of cloud services. The MNCs are the major buyers of cloud technology, as compared to smaller firms, that have uptake rates ranging between 96% and 76%. Government spending on cloud services is growing quickly in the country, when compared to the public sector, intending to catch up with private sector cloud adoption.
Browse the full report description of "UK 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/uk-iot-middleware-market
The World Economic Forum (2019) ranks UK eighth in terms of network readiness, suggesting that the industry is well developed as per the IT infrastructure. This has supported fuel growth in the IoT industry, as firms are encouraged to do business in UK. The IoT is increasingly being used in appliances, wearable devices, cars, and energy meters through which cloud service providers are gaining more customers and funding. In 2018, there were seven billion IoT devices connected globally. Further, research conducted by the Cloud Industry Forum (CIF) reveals that cloud adoption has grown significantly in small and public sector organizations, which has certainly promoted the IoT middleware industry in UK.
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., SAP SE, Schneider Electric SE, and Robert Bosch GmbH |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID-19
o Most affected segment
o Recommendations
UK IoT Middleware Market – Segmentation
By Platform
By Application
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