DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Internet
of Things (IoT) Operating Systems Market by Component Type (Client Side,
Server Side, and Professional Services), User Type (Large Enterprises
and SMES), Application Area, and Region – Global Forecast to 2022”
report to their offering.
The IoT operating systems market is expected to grow from USD 289.2
million in 2017 to USD 1,721.3 million by 2022, at a Compound Annual
Growth Rate (CAGR) of 42.9%.
The increasing traction for emergence of cloud computing, mobility
technology, and growing need for data consistency in the enterprises are
driving the IoT (Internet of Things) operating systems market.
With the increasing rate of portable device adoption, the demand for
cloud computing and mobility technology in the operating systems
industry has become a crucial factor impacting the IoT operating systems
market. The mobility is driven by cloud computing technology, making
mobile devices a vital business platform. In addition, a unified
operating systems throughout the enterprise could dynamically manage
volatile data replication issues.
The continuous exposure to software licensing, Internet Protocol (IP)
violation, increasing risk for private data, and lack of consistency
among standards for interconnectivity and interoperability are some of
the challenges for the growth of the market.
Professional services are used during and after the implementation of
IoT operating systems. It also provides timely access to skilled
resources, and program and project management capabilities for
heterogeneous quality standards across numerous locations. These
services include consulting, deployment and integration, and maintenance
and support. With the…