This market report provides a concise assessment the global market opportunity for Internet of Things (IoT) platforms used to enable smart city operations. Throughout the report we use the term “smart city platforms” rather than “IoT platforms for smart cities”. IHS Markit defines IoT platforms in general as software and supporting services that help customers to build IoT applications and manage IoT connections, devices, and data. IoT platforms abstract common complexities away from the customer and enable the customer to focus on their unique value proposition. In the context of smart cities, smart city platforms mainly help suppliers to cities (e.g. system integrators) to develop a “smart city” capability for the city. Smart city platforms also help municipal authorities to manage and operate the resulting smart city deployment.
Senior Principal Analyst, IoT Platforms
Sam Lucero is a seasoned industry analyst with over 16 years of experience analyzing telecommunications and networking technology markets. His current area of research focus centers on the Internet of Things (IoT) platforms market.