Iot Operating Systems Market Scope

Global Iot Operating Systems Market Size, Forecast, and Trend Highlights Over 2023 - 2033

The global Iot operating systems market is estimated to garner a significant revenue by the end of 2033 by growing at a CAGR of ~40% over the forecast period, i.e., 2023 – 2033. Further, the market generated a moderate revenue in the year 2022. Rise in number of people using smartphones is primarily to fuel the market growth. Globally, over 6 billion people of total world’s population owns smartphone. It is expected the number of users of smartphones is to rise by approximately 700 million in next few years.

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Smart devices and features, such as thermostats, lights, camera, ac, voice assistants and other are easily operated with a single touch of mobile phones. Therefore, rising requirement of mobile controlled devices is attributed to growth of Iot operating systems market. It is estimated that around 35% of people in the United States use their mobile phones to access voice assistants. Additionally, higher adoption of cloud services and BYOD, increased prevalence of internet based connectivity and generation of huge amount of online data are expected to augment the market growth.

Global Iot Operating Systems Market: Growth Drivers and Challenges

Growth Drivers

• Advancing Pervasiveness of Internet

Internet usage has surged over times. In today’s times internet is the best solution for easily accessible connectivity, rise in number of people and devices connected via internet is to boost the Iot connectivity. Approximately 5 billion people which make for around 65% of global population is using internet as of 2022.

• Growing Needs of Mobile Connected Devices

Smart devices, for instance, smart TV, mobile operated have made the life easier, these devices can easily be controlled with a single touch on our mobile phones, it has made connectivity easy and faster. By 2026, nearly 390 million active households are expected to use comfortable and smart lights.

• Increased Traction for Adoption of Cloud Computing

An increased number of tech-driven business are realizing the advantages of cloud, such as cost saving, scalability, security and others. As of 2020, nearly 95% of companies are already using cloud services.

• Rise in BYOD Trends Among Organization

Expectation of an organization from their employee to use their personal devices for office work, to be available even after office hours is boosting the trend of BYOD (bring your own device). Around 85% of companies have some kind of policy of BYOD and nearly 75% of employees use their personal mobile phones for office duties.

Challenges

• Consistency Shortage in Standards of Intra-connectivity & Intra-operability

• Operating System Infringement and Software Licensing Issues

• Risk of Data Theft, Leak of Private Information of an Individual

Iot operating systems is a rapidly growing network, which is highly capable of exchanging and monitoring data. Infrastructure of Iot operating systems is a single system thus making it complex and vulnerable. Lack of caution from Iot designers, providers and end users is likely to make it prone to cyber-attacks and data theft.

The Iot operating systems market is segmented and analyzed for demand and supply by application into Iot wearable, healthcare, telecommunication, manufacturing & retail, smart building, digital signage, logistics and others. Among these, the telecommunication segment is expected to be in lead owing to rising need to collect and store the data of clients, provide them better connectivity with the telecom infrastructure and to extend their services from standard connectivity to the industry specific end user’s specifications. Number of devices connected to Iot is to multiply by nearly 3 times by the end of 2030.

Global Iot Operating Systems Market Regional Synopsis

Regionally, the global Iot operating systems market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is projected to hold the largest market share by the end of 2033. Higher adoption of cloud services by enterprises is to act as a prime factor for the market growth of Iot operating systems. About 95% of companies in the United States has deployed at least one sort of cloud in their working systems. As of Hybrid cloud, it is used by approximately 60% of Canadian companies and nearly 65% of US companies. Furthermore, increased use of internet in mobile devices and laptops is likely to propel the market growth.

Market Segmentation

Our in-depth analysis of the global Iot operating systems market includes the following segments:

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Key Companies Dominating the Global Iot Operating Systems Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global Iot operating systems market that are included in our report are Apple Inc., Microsoft Corporation, Blackberry Limited, Google Inc., Green Hills Software LLC., Wind River Systems Inc., ARM Limited, Kaspersky Lab, eSol Co. Ltd., SYSGO GmbH, and others.

Global Iot Operating Systems Market: Latest Developments

• July, 2022: T-Mobile U.S. Inc., Spoke announces to use Iot of T-Mobile, to operate Spokeware, a hardware and software system develop to improve safety of motorist and cyclist on road.

• July, 2022: Thales announced the collaboration with Telit to establish a new Iot provider company to be called Telit Clinterion.

Key Reasons to Buy Our Report

• The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.

• It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.

• The report includes detailed company profiles of the major players dominating the market.

• We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.

• We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal. 

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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