Global IoT PaaS Industry

Global IoT PaaS Industry Research & Trends Analysis Report

Global IoT PaaS Industry

Global IoT PaaS Industry Research & Trends Analysis Report

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According to Latest Study, the global market for IoT PaaS should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.

China IoT PaaS market should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.

The United States IoT PaaS market should grow from US$ million in 2023 to US$ million by 2030, with a CAGR of % for the period of 2024-2030.

In terms of type, AIPaaS segment holds a share about % in 2024 and will reach % in 2030; while in terms of application, Enterprise has a share approximately % in 2023 and will grow at a CAGR % during 2024 and 2030.

The global key manufacturers of IoT PaaS include IBM, ThingSphere, Amazon, Microsoft, Google, Particle, Avnet, Simfony and Atman, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.

This report aims to provide a comprehensive study of the global market for IoT PaaS. Report Highlights:

(1) Global IoT PaaS market size (value), history data from 2019-2023 and forecast data from 2024 to 2030.

(2) Global IoT PaaS market competitive situation, revenue and market share, from 2019 to 2023.

(3) China IoT PaaS market competitive situation, revenue and market share, from 2019 to 2023.

(4) Global IoT PaaS segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global IoT PaaS segment by type and by application and regional segment by type and by application.

(6) IoT PaaS industry supply chain, upstream, midstream and downstream analysis.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by type, covers

AIPaaS

iPaaS

cPaaS

mPaaS

Market segment by application, can be divided into

Enterprise

Government

Others

Market segment by players, this report covers

IBM

ThingSphere

Amazon

Microsoft

Google

Particle

Avnet

Simfony

Atman

pycom

Futurism

365mesh

Built.io

Ayla Networks

tuya

ADVANTECH

1 Market Overview

1.1 Product Overview and Scope of IoT PaaS

1.2 Global IoT PaaS Market Size and Forecast

1.3 China IoT PaaS Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China IoT PaaS Share in Global Market, 2019-2030

1.4.2 IoT PaaS Market Size: China VS Global, 2019-2030

1.5 IoT PaaS Market Dynamics

1.5.1 IoT PaaS Market Drivers

1.5.2 IoT PaaS Market Restraints

1.5.3 IoT PaaS Industry Trends

1.5.4 IoT PaaS Industry Policy

2 Global Competitive Situation by Company

2.1 Global IoT PaaS Revenue by Company (2019-2024)

2.2 Global IoT PaaS Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global IoT PaaS Concentration Ratio

2.4 Global IoT PaaS Mergers & Acquisitions, Expansion Plans

2.5 Global IoT PaaS Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China IoT PaaS Revenue by Company (2019-2024)

3.2 China IoT PaaS IoT PaaS Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China IoT PaaS, Revenue Percentage of Local Players VS Foreign Manufacturers (2019-2024)

4 Industry Chain Analysis

4.1 IoT PaaS Industry Chain

4.2 IoT PaaS Upstream Analysis

4.3 IoT PaaS Midstream Analysis

4.4 IoT PaaS Downstream Analysis

5 Sights by Type

5.1 IoT PaaS Classification

5.1.1 AIPaaS

5.1.2 iPaaS

5.1.3 cPaaS

5.1.4 mPaaS

5.2 By Type, Global IoT PaaS Market Size & CAGR, 2019 VS 2024 VS 2030

5.3 By Type, Global IoT PaaS Revenue, 2019-2030

6 Sights by Application

6.1 IoT PaaS Segment by Application

6.1.1 Enterprise

6.1.2 Government

6.1.3 Others

6.2 By Application, Global IoT PaaS Market Size & CAGR, 2019 VS 2024 VS 2030

6.3 By Application, Global IoT PaaS Revenue, 2019-2030

7 Sales Sights by Region

7.1 By Region, Global IoT PaaS Market Size, 2019 VS 2024 VS 2030

7.2 By Region, Global IoT PaaS Market Size, 2019-2030

7.3 North America

7.3.1 North America IoT PaaS Market Size & Forecasts, 2019-2030

7.3.2 By Country, North America IoT PaaS Market Size Market Share

7.4 Europe

7.4.1 Europe IoT PaaS Market Size & Forecasts, 2019-2030

7.4.2 By Country, Europe IoT PaaS Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific IoT PaaS Market Size & Forecasts, 2019-2030

7.5.2 By Country/Region, Asia Pacific IoT PaaS Market Size Market Share

7.6 South America

7.6.1 South America IoT PaaS Market Size & Forecasts, 2019-2030

7.6.2 By Country, South America IoT PaaS Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global IoT PaaS Market Size & CAGR，2019 VS 2024 VS 2030

8.2 By Country, Global IoT PaaS Market Size, 2019-2030

8.3 U.S.

8.3.1 U.S. IoT PaaS Market Size, 2019-2030

8.3.2 By Company, U.S. IoT PaaS Revenue Market Share, 2019-2024

8.3.3 By Type, U.S. IoT PaaS Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. IoT PaaS Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe IoT PaaS Market Size, 2019-2030

8.4.2 By Company, Europe IoT PaaS Revenue Market Share, 2019-2024

8.4.3 By Type, Europe IoT PaaS Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe IoT PaaS Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China IoT PaaS Market Size, 2019-2030

8.5.2 By Company, China IoT PaaS Revenue Market Share, 2019-2024

8.5.3 By Type, China IoT PaaS Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China IoT PaaS Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan IoT PaaS Market Size, 2019-2030

8.6.2 By Company, Japan IoT PaaS Revenue Market Share, 2019-2024

8.6.3 By Type, Japan IoT PaaS Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan IoT PaaS Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea IoT PaaS Market Size, 2019-2030

8.7.2 By Company, South Korea IoT PaaS Revenue Market Share, 2019-2024

8.7.3 By Type, South Korea IoT PaaS Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea IoT PaaS Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia IoT PaaS Market Size, 2019-2030

8.8.2 By Company, Southeast Asia IoT PaaS Revenue Market Share, 2019-2024

8.8.3 By Type, Southeast Asia IoT PaaS Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia IoT PaaS Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India IoT PaaS Market Size, 2019-2030

8.9.2 By Company, India IoT PaaS Revenue Market Share, 2019-2024

8.9.3 By Type, India IoT PaaS Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India IoT PaaS Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia IoT PaaS Market Size, 2019-2030

8.10.2 By Company, Middle East & Asia IoT PaaS Revenue Market Share, 2019-2024

8.10.3 By Type, Middle East & Asia IoT PaaS Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia IoT PaaS Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 IBM

9.1.1 IBM Company Information, Head Office, Market Area and Industry Position

9.1.2 IBM Company Profile and Main Business

9.1.3 IBM IoT PaaS Models, Specifications and Application

9.1.4 IBM IoT PaaS Revenue and Gross Margin, 2019-2024

9.1.5 IBM Recent Developments

9.2 ThingSphere

9.2.1 ThingSphere Company Information, Head Office, Market Area and Industry Position

9.2.2 ThingSphere Company Profile and Main Business

9.2.3 ThingSphere IoT PaaS Models, Specifications and Application

9.2.4 ThingSphere IoT PaaS Revenue and Gross Margin, 2019-2024

9.2.5 ThingSphere Recent Developments

9.3 Amazon

9.3.1 Amazon Company Information, Head Office, Market Area and Industry Position

9.3.2 Amazon Company Profile and Main Business

9.3.3 Amazon IoT PaaS Models, Specifications and Application

9.3.4 Amazon IoT PaaS Revenue and Gross Margin, 2019-2024

9.3.5 Amazon Recent Developments

9.4 Microsoft

9.4.1 Microsoft Company Information, Head Office, Market Area and Industry Position

9.4.2 Microsoft Company Profile and Main Business

9.4.3 Microsoft IoT PaaS Models, Specifications and Application

9.4.4 Microsoft IoT PaaS Revenue and Gross Margin, 2019-2024

9.4.5 Microsoft Recent Developments

9.5 Google

9.5.1 Google Company Information, Head Office, Market Area and Industry Position

9.5.2 Google Company Profile and Main Business

9.5.3 Google IoT PaaS Models, Specifications and Application

9.5.4 Google IoT PaaS Revenue and Gross Margin, 2019-2024

9.5.5 Google Recent Developments

9.6 Particle

9.6.1 Particle Company Information, Head Office, Market Area and Industry Position

9.6.2 Particle Company Profile and Main Business

9.6.3 Particle IoT PaaS Models, Specifications and Application

9.6.4 Particle IoT PaaS Revenue and Gross Margin, 2019-2024

9.6.5 Particle Recent Developments

9.7 Avnet

9.7.1 Avnet Company Information, Head Office, Market Area and Industry Position

9.7.2 Avnet Company Profile and Main Business

9.7.3 Avnet IoT PaaS Models, Specifications and Application

9.7.4 Avnet IoT PaaS Revenue and Gross Margin, 2019-2024

9.7.5 Avnet Recent Developments

9.8 Simfony

9.8.1 Simfony Company Information, Head Office, Market Area and Industry Position

9.8.2 Simfony Company Profile and Main Business

9.8.3 Simfony IoT PaaS Models, Specifications and Application

9.8.4 Simfony IoT PaaS Revenue and Gross Margin, 2019-2024

9.8.5 Simfony Recent Developments

9.9 Atman

9.9.1 Atman Company Information, Head Office, Market Area and Industry Position

9.9.2 Atman Company Profile and Main Business

9.9.3 Atman IoT PaaS Models, Specifications and Application

9.9.4 Atman IoT PaaS Revenue and Gross Margin, 2019-2024

9.9.5 Atman Recent Developments

9.10 pycom

9.10.1 pycom Company Information, Head Office, Market Area and Industry Position

9.10.2 pycom Company Profile and Main Business

9.10.3 pycom IoT PaaS Models, Specifications and Application

9.10.4 pycom IoT PaaS Revenue and Gross Margin, 2019-2024

9.10.5 pycom Recent Developments

9.11 Futurism

9.11.1 Futurism Company Information, Head Office, Market Area and Industry Position

9.11.2 Futurism Company Profile and Main Business

9.11.3 Futurism IoT PaaS Models, Specifications and Application

9.11.4 Futurism IoT PaaS Revenue and Gross Margin, 2019-2024

9.11.5 Futurism Recent Developments

9.12 365mesh

9.12.1 365mesh Company Information, Head Office, Market Area and Industry Position

9.12.2 365mesh Company Profile and Main Business

9.12.3 365mesh IoT PaaS Models, Specifications and Application

9.12.4 365mesh IoT PaaS Revenue and Gross Margin, 2019-2024

9.12.5 365mesh Recent Developments

9.13 Built.io

9.13.1 Built.io Company Information, Head Office, Market Area and Industry Position

9.13.2 Built.io Company Profile and Main Business

9.13.3 Built.io IoT PaaS Models, Specifications and Application

9.13.4 Built.io IoT PaaS Revenue and Gross Margin, 2019-2024

9.13.5 Built.io Recent Developments

9.14 Ayla Networks

9.14.1 Ayla Networks Company Information, Head Office, Market Area and Industry Position

9.14.2 Ayla Networks Company Profile and Main Business

9.14.3 Ayla Networks IoT PaaS Models, Specifications and Application

9.14.4 Ayla Networks IoT PaaS Revenue and Gross Margin, 2019-2024

9.14.5 Ayla Networks Recent Developments

9.15 tuya

9.15.1 tuya Company Information, Head Office, Market Area and Industry Position

9.15.2 tuya Company Profile and Main Business

9.15.3 tuya IoT PaaS Models, Specifications and Application

9.15.4 tuya IoT PaaS Revenue and Gross Margin, 2019-2024

9.15.5 tuya Recent Developments

9.16 ADVANTECH

9.16.1 ADVANTECH Company Information, Head Office, Market Area and Industry Position

9.16.2 ADVANTECH Company Profile and Main Business

9.16.3 ADVANTECH IoT PaaS Models, Specifications and Application

9.16.4 ADVANTECH IoT PaaS Revenue and Gross Margin, 2019-2024

9.16.5 ADVANTECH Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
IoT PaaS Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the IoT PaaS Market trending toward high growth trajectories?
A dynamic process in the IoT PaaS Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like AWS, Microsoft Azure, Google Cloud, IBM, SAP, Siemens, etc..
How are players chosen for the research coverage of the IoT PaaS Market study?
MI used a variety of industry standards such as NAICS, ICB, TRIC, and others to identify functional players in the industry, which they then shortlist and validate in an iterative process to finalize the most relevant players.
What important business segments are segregated by application types in the latest edition of the IoT PaaS Market?
The key business segments in the IoT PaaS Market are segregated by applications [Smart Manufacturing, Connected Vehicles, Energy, Retail] and types [Edge Computing, Cloud-Based, Hybrid, Open-Source].
What is the expected rate of growth in the IoT PaaS Market?
From 2025 to 2030, the IoT PaaS Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.
What is really changing the IoT PaaS Market behavior?
Consumer behavior changes will reshape the entire decision-making process and companies in the IoT PaaS Industry will need to adapt quickly.
What does the future hold for the IoT PaaS Industry?
This latest research publication on the IoT PaaS Market is an in-depth market tracker that provides a comprehensive assessment of the challenges that manufacturers face in achieving new growth cycles in the current scenario.