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Internet of Things (IoT) Operating Systems Market


Information & Communications Technology
Digitalization & IoT

The IoT operating systems market is expected to grow at a CAGR of 42.9% and grow from USD 289.2 million in 2017 to USD 1,721.3 million by 2022 owing to the increase in social networking sites, which has led to sharing of large amount of personal and private data across multiple platforms. The increased traction for emergence of technologies, such as cloud computing and mobility; growing online data sharing and BYOD; adoption by SMEs is driving the growth of the IoT operating systems and need for data consistency are the key factors driving the growth of this market.

The client side architecture of IoT operating systems is designed to provide a consolidated view of the processed and analyzed data. The client side architecture for IoT provides web-based front-end interfaces and portals, which interact with devices and event-processing layers. It also interacts with systems outside this network, using APIs. These APIs are managed and controlled with an API management systems. The API management systems, which, apart from being user-focused, also provides a developer-focused interface, where developers can explore the APIs from the systems. The API management systems support publishers to create, version, and manage the previously published APIs. The client side interface has the ability to discover the services provided by the server, which is also called as service discovery. Using service discovery, the user can choose a particular service from a sensor.

The IoT operating systems market has been segmented, on the basis of user type, into large enterprises, and Small and Medium-Sized Enterprises (SMEs). The market for large enterprises is expected to have the largest revenue between 2018 and 2023. Large enterprises use IoT operating systems to make more informed decisions on the size, speed, and cost of the IoT devices. Moreover, large enterprises are the early adopters of IoT operating systems, as they have a wide portfolio of vendors and service providers in the market. They are more likely to adopt IoT operating systems than the SMEs, due to economies of scale associated with a larger number of IT assets. Large enterprises across various industry verticals are at the forefront in adopting an application performance management solution, due to the voluminous content being generated by applications every second in enterprises, to achieve the business advantage. Industry verticals, such as manufacturing always look to integrate information into some unified operating systems, as it will help their devices and software solutions to collect and process a growing amount of data. Large enterprises make a significant amount of investment to modernize their traditional IT infrastructure to meet the changing application delivery and management trends.

The IoT operating systems market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is the fastest-growing market for IoT operating systems. APAC is characterized by a large presence of manufacturing economies and has one of the largest production networks in the world, wherein the adoption of IoT operating systems is expected to grow, due to reasons, such as the need to align business initiatives of stakeholders and streamline business processes. The countries in APAC are working toward achieving Industry 4.0 initiative, thereby integrating autonomous robots, big data and analytics, augmented reality, additive manufacturing, industrial IoT, horizontal and vertical system integration, simulation, cloud, and cybersecurity, along with increased investments by vendors in the APAC region in large-scale infrastructure projects. Chinese cities are looking to get technologically smart as quickly as possible. A significant amount of China’s provinces and municipalities has listed the IoT as a pillar industry in their development plans to manage costs and increase efficiency, which would drive the IoT operating systems market.

Internet of Things (IoT) Operating Systems Market

Applications areas in home automation, vehicle telematics, industrial manufacturing and automation, and smart utilities, healthcare, and buildings drive the growth of IoT operating systems market

Smart Building and Home Automation

IoT applications connect, manage, and optimize complex data sets, thereby letting IoT devices better manage building operations, security, and energy. Buildings, be it commercial or residential, are going through the phase of smart transformation by connecting the Heating, Ventilation, and Air Conditioning (HVAC); lighting; environmental sensors; safety equipment; smart grid; and weather. Automated processes make use of real-time IoT information from users, systems, and devices, to optimize the resource efficiency, reduce costs and risks, and improve the visibility of operations. Smart building IoT applications area are readily available in the market today, along with the equipment manufacturers being ready to add value to buildings with the use of IoT. Home automation is about controlling the home appliances using various control system techniques, which primarily include IoT devices. The electrical and electronic appliances in a home, such as the light, fan, fire alarm, door, window, and air conditioner can be controlled using various control techniques. With the availability of advanced operating systems for IoT devices, automation technology is gaining traction in the home automation solutions.

Smart Utilities

The IoT operating systems plays a major role in the devices used for creating smart utilities and smart energy solutions. Smart utilities and energy mainly comprise the monitoring and optimized utilization of energy and water, with proactively managed waste reduction, conservation, and sustainability. Operating systems of the devices used in an IoT-enabled system has its effect on the foundation of connectivity, data, and analytics. For this, different sensors, actuators, and network communication technologies to interconnect people and devices are used to streamline various processes and the information flow.

Vehicle Telematics

Auto Insurers have introduced user-based insurance for the vehicles which includes, closely monitoring driving patter of the vehicle. According to various elements such as driving speed, distance covered on daily or weekly basis, fuel consumed, condition of air bags in the vehicle, etc. the vehicle is considered for insurance. The vehicle which covers longer distances frequently or observed to be driven at higher speed usually is charged more premium for insurance. For this, the use of IoT devices plays an important role. Various sensors are either deployed in the vehicle or come embedded with vehicle. Using IoT sensors, in case of emergency or accident the first responders (police, fire, emergency medical services, etc.) are immediately intimidated about it and required actions are taken to save lives. With the help of cloud technology and IoT devices a vehicle can be controlled remotely, this allows extended safety for the vehicle.

Industrial Manufacturing and Automation

Manufacturing companies are using IoT devices and sensors for predictive maintenance which lowers cost of maintenance unlike in scheduled maintenance. Predictive maintenance makes use of the data gathered by various IoT sensors deployed across a manufacturing plant, and analyses it to trigger required action. It helps increase productivity of the manufacturing unit by reducing or minimizing occurrences of unscheduled downtime. Also, use of IoT devices helps intelligent decision making using prescriptive analytics where, the devices are allowed to determine next best action to be taken.

Critical questions the report answers:

  • Where will all these developments take the industry in the mid to long term?
  • What are the upcoming industry applications catered by IoT operating systems?

The lack of consistency among standards for interconnectivity and interoperability & security threats are some of the restraining factors for the IoT operating systems market also, software licensing and IP violation of operating systems is one of the major threat impeding the market growth. However, the recent developments, new product launches, and acquisitions of major market players in the IoT operating systems arena are boosting the growth of the market.

Key players in the market include Google Inc. (California, U.S.), Apple Inc. (California, U.S.), eSOL Co. Ltd (Tokyo, Japan), BlackBerry Limited (Ontario, Canada), ARM Ltd (Cambridge, U.K), ENEA AB (Kista, Sweden), Mentor Graphics Corporation (Oregon, U.S.), Green Hills Software (California, U.S.), SYSGO AG (Klein- Winternheim, Germany), Microsoft Corporation (Washington, U.S.), Wind River (California, U.S.), Kaspersky Lab (Moscow, Russia) and Canonical Ltd (London U.K). These players are increasingly undertaking mergers and acquisitions, and product launches to develop and introduce new technologies and products in the market.

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