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Top IoT App Development Companies The IoT's rapid growth is evident across all domains, with AI and IoT shaping the future. Intel predicts over 200 billion connected devices by year-end, highlighting the swift IoT app development. Market data indicates a transformative impact, as the global IoT market grew from $740.47 billion in 2020 to a projected $4,421.62 billion by 2030, a 19.67% CAGR from 2021 to 2030. This illustrates the speed of development. Top 10 IoT App Development Companies 1. Agicent: Agicent Technologies has a talented workforce of over 200 professionals that have completed over 1000 successful projects. Agicent has proven its excellence over the years by delivering a variety of services to its users, including the following: Provides IoT app development for a wide range of domains including home automation, industrial automation, smart wearables, health care, and so on. Provides you with a remote developer with the appropriate skill set and experience on an hourly basis starting at $20 (depending on the level of expertise you require). They carry out the development process and concentrate on the main functionalities that address the problem being addressed. They also offer strategic advice on how to introduce your product to the market, develop anticipation, and attract early users. Headquarters: Atlanta, United States Year Founded: 2010 Number of Employees: 200+ Services: Mobile app development, web development, Artificial Intelligence, cloud computing 2. Siemens: Siemens AG is the top global firm in Europe. Siemens has developed into one of the “world’s largest industrial manufacturing companies”. In the world of the Internet of Things, Siemens focuses on various services ranging from “connectivity to automation”. They aim to improve efficiency, enhance predictive nature, and enable smart and quick decision-making. The Siemens IoT platform, named “MindSphere“, offers a cloud-based ecosystem that promotes data collection and application development. Headquarters: Germany Year Founded: 1847 Revenue: More than $30 billion Number of Employees: 311,000 Services: industrial automation, building technology, financial services, medical technology, mobility solutions, software automation, etc. 3. Samsara: Samsara is a well-known IoT service provider. “Samsara” provides solutions for fleet management, wireless connectivity between devices, industrial operations within organizations, etc. They offer help to increase the safety and sustainability of organizational operations. Their main focus is on providing the best IoT solutions with their user-friendly platform, which has a wide range of applications that promote sustainable solutions across various industries. Headquarters: San Francisco Year Founded: 2015 Revenue: $483.3 Million Number of Employees: 5000+ Services: fleet management, construction and field services, equipment, site buildings 4. Softeq: Softeq’s main office is located in ‘Houston’. They also have a delivery center in ‘Germany’ and a development center in ‘Minsk’. They have worked with many big “MNCs, such as Microsoft, HP, Verizon, Lenovo, etc. Their team consists of highly competent engineers and developers who use modern technologies to bring your ideas to life. Headquarters: Houston, United States Year Founded: 1997 Revenue: $14.1 Million Number of Employees: 500+ Services: IoT, industrial automation and robotics, AR/VR/MR, blockchain, AI/ML, computer vision software 5. Vates: Vates provides IoT and software development services. They have “agile-certified experts” and “30 years of software delivery experience”. Vates an IoT app development company offers effective IT solutions that can promote your business’s success. Headquarters: Aventura, Florida Year Founded: 1991 Revenue: $125.5 Million Number of Employees: 500+ Services: IoT software development, IoT system integration, application development, etc. 6. Lanars: Lanars is a mobile app technology company. They provide hardware and software development solutions for industry. “Lanars” use cutting-edge approaches to deliver technically innovative digital services. It has “8 years of experience” in this industry and has a huge market. Headquarters: San Francisco Year Founded: 2016 Revenue: $15.9 Million Number of Employees: 250+ Services: mobile app development, web app development, enterprise software, etc. 7. Verizon: Verizon provides transformative IoT solutions, from fleet management to smart cities. It is one of the most “well-known global companies.” It has long been a leading name in IoT and is still expanding its new services, such as “mobile edge computing”. Their aim is to supply a reliable network that fits the user’s requirements. Headquarters: Delaware, United States Year founded: 1983 Revenue: $133.6 Billion Number of Employees: 10,000+ Services: IoT Marketplace, IoT for Small Business, Connected Commerce, Connected Fleet, and Field Services 8. Oxagile: Oxagile is a reputable company that provides software development services, hardware prototypes, and the integration of cloud services. They use the latest technology trends and unique ideas to ensure that your product matches your needs. Headquarters: New York, US Year Founded: 2005 Revenue: $18.0 Million Number of Employees: 350+ Services: end-to-end logistic solutions, connected warehousing, solid computer vision expertise, software development, etc. 9. PTC: PTC is a widely recognized provider of IoT services that offers a customer-friendly solution that helps industries manage digital requirements. “Parametric Technology Corporation” is a full form of PTC. Engineers and designers can use “PTC’s CAD software” to generate detailed 3D models of their products. Headquarters: Boston, Massachusetts Year founded: 1985 Revenue: $2.058 Billion Number of Employees: 7000+ Services: AR assistance, service life cycle management, and developing and deploying IoT solutions 10. IBM: IBM is a leading company in providing hosting services in different areas, such as mainframe technology. They mainly focus on “hybrid cloud solutions” to manage and deploy applications easily. IBM is also known as one of the leaders in “Quantum computation research and development.” Headquarters: Armonk, New York Year Founded: 1911 Revenue: $60.525 Billion Number of Employees: 10,000+ Services: computer hardware, middleware, and software; enterprise asset management; and many more. Source: https://www.agicent.com/blog/iot-app-development-companies/

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The global masterbatches market size is likely to reach USD 13.32 billion by 2026 owing to the rising number of building and construction activities worldwide. Masterbatches are liquid or solid additives used for painting or for imparting various properties to plastics. Coloring masterbatches are utilized for coloring or shading plastic items. Information Source - https://www.fortunebusinessinsights.com/masterbatch-market-102353 It can also be used for conveying properties such as UV Stabilizer, antioxidant, effect, energy, and bio-degradable. A recent report by Fortune Business Insights offers insights into the market and its prime growth trajectories. As per the report titled, “Masterbatches Market Size, Share & Industry Analysis, By Type (White, Black, Color, Additive, and Fillers), By Polymer (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyethylene Terephthalate, and Others), and By End-Use (Packaging, Building & Construction, Consumer Good, Automotive, Agriculture, and Others), and Regional Forecast, 2019-2026,” the value of the market was USD 10,991.04 Million in 2018 and is likely to exhibit a CAGR of 5.3% during the forecast period, 2019 to 2026. What is the Scope of the Report? The report is based on an in-depth analysis of the market and offers a comprehensive ve overview of the same. The report focuses on factors boosting, repelling, challenging, and creating opportunities for the market. It also discusses the table of segmentation of the market based on factors such as type, polymer, end-use, and geography and lists the names of the leading segment with their attributed factors. In addition to this, the report throws light on recent industry developments, current trends, and other interesting insights into the market. It also lists the names of players operating in the market and the major strategies adopted by them to gain a competitive edge in the market. Market Drivers The rise in Demand for Plastic from Pharmaceutical Industry for Packaging will Bolster Growth Various factors are responsible for the global masterbatches market growth. These include the rise in construction activities for all residential, commercial, and industrial purposes, increasing demand for automobiles, especially lightweight vehicles, and the increasing preference for plastic goods worldwide. On the contrary, factors such as the fluctuating price of raw materials such as titanium dioxide, polymers, and others with a high volatile nature may pose a major challenge to the overall market. Nevertheless, increasing demand for plastic packaging from sectors such as food and beverage and pharmaceuticals are likely to create lucrative growth opportunities for the market in the coming years. Regional Segmentation Asia Pacific to Continue Dominance with Increasing Consumer Expenditure on Infrastructural Development In 2018, Asia Pacific emerged dominant in the market with a revenue of USD 3,998.14 Million. This is attributed to the high demand for packaging from key economies such as China, India, and Taiwan. Besides this, the rise in consumer expenditure on power and the increasing demand for plastic goods will also help promote the regional market in the forthcoming years. Furthermore, the rapid growth of packaging, consumer goods, and automotive companies and the rise in agriculture sectors is anticipated to help this region continue dominating the market in the coming years. On the other side, the market in Europe will witness remarkable growth on account of the rising demand from industries such as automotive, building and construction, and the rising popularity of lightweight vehicles in the region. Competitive Landscape The fragmented Nature of the Market will Intensify the Competition The global masterbatches market enjoys a fragmented nature of the market owing to the presence of various players both small and medium-sized. Companies are aiming at a large network of distribution and providing a good supply chain with regulatory expertise. Other players are engaging in collaborative efforts such as joint ventures, partnerships, mergers and acquisitions, contracts and agreements, and others to gain a competitive edge in the market on the one side and earn attracting revenue on the other.