Significant rise in the electronic devices such as laptops, mobiles, wearable fitness devices, automotive telematics units, industrial control systems, and drone units that has increased the demand for advanced networks. Preference for IoT platform market has increased largely, as they are cross-device compatible, scalable, and offer ready-to-use features to fasten the development of applications for connected devices. Moreover, with rising demand for data storage over cloud has further increased the demand for IoT platform. Recently, Transparency Market Research (TMR) conducted a research on the global IoT platform market to analysis the growth prospects in this market. Based on the company’s report, the global IoT platform market is projected to rise at staggering CAGR of 21.0% over the period of eight years from 2017 to 2025. In terms of revenue, the market is expected to generate approximately US$ 10 billion by the end of 2025. The incremental opportunity in the ...