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This IDC Market Perspective provides a holistic view of the current IoT platform market in Europe, defining the main platform types, revealing organizations' IoT platform adoption appetite and selection preferences, and elaborating on the main IoT platform vendor categories and in which industries those are vendors focusing their solutions.

"IoT platforms are the focus of many European organizations because they are pivotal to the creation of value-add. The vendor landscape is maturing and gradually taking shape, although no single company currently dominates or is expected to in the near future. The industry is clarifying what a platform is, which functionality a given product addresses, and how it can be integrated with other products to deliver a complete IoT solution. Platforms are an ecosystem play — just like the IoT market overall. As the IoT platform market develops, ecosystem players are jockeying for position. That includes adding features to their core offerings and extending into adjacent parts of the value chain." — Program Manager Milan Kalal, IDC Europe



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