https://www.maximizemarketresearch.com/market-report/global-iot-platform-market/10330/ IoT Platform Market was valued at US$ 9.18 Bn. in 2023 and is expected to reach US$ 21.34 Bn. by 2030, at a CAGR of 12.8% during a forecast period. IoT Platform Market Overview: The term loT platform refers to a collaborative effort by a number of open source contributors to create a new class of open large-scale intelligent loT, or internet of things. The applications are created in accordance with the utility cloud computing delivery model. The technology is defined as a natural extension of the cloud computing implications. Access to further and increasingly essential loT-based capabilities and resources is made possible by loT. Also available are formulation and management services for environments containing loT resources that provide on-demand utility and loT services.