IoT Market By Software Solutions - Forecast(2020 - 2025)
As, Internet of things is a platform of connecting devices with internet and other connected devices, it also helps in software solution technologies too, it helps them in many services like Support and maintenance , Professional services, Consulting service, Managed service, Deployment and integration etc. The internet of things market by software solution was about 171 billion in 2017 and expected to increase at CAGR of more than 23.4% up to 2025. What is IOT By Software Solution? Internet of things by software solution is a combination of connecting the device to internet and other connected devices and analyzing the big data and provide the required amount of data to the device respectively. IOT in software focus on data collection, where it manages sensing, measurements, light data filtering, light data security, and aggregation of data, it uses certain internet protocols to add and connect sensors with real time, machine to machine networks. It also focus on device integrat...