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Abstract

This IDC study discusses the IoT Software Platform market and is IDC's inaugural taxonomy defining the scope of the IoT Software Platform market. While IoT Software Platform architecture varies greatly from vendor to vendor, at a basic level these products connect devices, collect and manage vast amounts of data, and expose new insights to enterprises' back-end systems or to third parties. This IDC taxonomy describes the competitive market framework IDC will use to size and forecast the market opportunity for IoT Software Platforms.

"The IoT Software Platform market has evolved significantly over the past few years but is still a complex and fragmented space," says Stacy Crook, research director, IoT. "IDC believes it is important to define common IoT platform architectures to properly segment and size this crowded market." Carrie MacGillivray, vice president, IDC’s Mobility and Internet of Things teams, adds, "IDC's Software Platform taxonomy will help organizations understand the capabilities that make up an IoT platform as they look to make investment decisions for their current and future IoT deployments."


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