Market Share of IoT Data Management Industry
The IoT Data Management market is a highly competitive market. The widespread use of IoT across industry verticals has resulted the boom in the number of opportunities that the industry offers. Though dominated by a few major players in the market as of now, the market is expected to witness the entry of a number of players as the depth of IoT applications across industries increases. Some of the recent developments of the market are as follows:-
- August 2019 - Actian, a pioneer in hybrid data management, cloud data warehouse, and data integration technology, announced the launch of the new Actian ZenTM embedded database for both mobile and IoT.
- Feb 2018 - Google acquired Xively from LogMeIn for USD 50 million, giving Google Cloud an established IoT platform to add to their product portfolio as it intends to use this as a springboard in the growing IoT market.
IoT Data Management Market Leaders
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SAP SE
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IBM
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PTC Inc.
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Cisco Systems, Inc.
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Teradata Corporation
*Disclaimer: Major Players sorted in no particular order
