IoT Middleware Market Share

Market Share of IoT Middleware Industry

The IoT middleware market is highly competitive, poised to disrupt the traditional IT industry by introducing innovative solutions for enterprises. Market players are embracing key strategies such as product innovation, mergers, and acquisitions to enhance their product functionality and maintain their competitive edge. Notable companies operating in this market landscape include Cisco Systems Inc., IBM Corp., Oracle Corporation, ClearBlade Inc., and PTC Inc., among others.

In March 2023, Alliot Technologies, a specialized provider of IoT solutions, introduced its groundbreaking IoT Middleware platform called Symbius. This innovative platform is designed to eliminate the barriers associated with cellular IoT. Symbius is set to become one of the pioneering platforms of its kind, offering the unique capability to decode recorded data into a standardized format.

IoT Middleware Market Leaders

1. Cisco Systems Inc.

2. IBM Corp. (Red Hat Inc.)

3. Oracle Corporation

4. ClearBlade Inc.

5. PTC Inc.

*Disclaimer: Major Players sorted in no particular order