InnovationSoftwareTechnology

IoT Middleware Market Set for Explosive Growth, Projected to Reach $6.1 Billion by 2032

IoT middleware market value is expected to surge from $1.54 billion in 2023 to $6.106 billion by 2032, according to industry analysis. Growing adoption across manufacturing, healthcare and smart cities is fueling demand for seamless connectivity and data management solutions.

Market Set for Substantial Expansion

The Internet of Things middleware market is positioned for substantial growth through the next decade, with analysts projecting the sector will expand from $1.54 billion in 2023 to approximately $6.106 billion by 2032. According to market research, this represents a compound annual growth rate of 16.58% from 2024 through the forecast period. Industry sources indicate that escalating IoT adoption across multiple sectors is primarily driving this expansion as organizations seek to manage increasing numbers of connected devices efficiently.

AISoftwareTechnology

Oracle Charts Ambitious $225 Billion Revenue Path Through Agentic AI and Infrastructure Expansion

Oracle is pursuing a $225 billion revenue target through aggressive AI infrastructure expansion and agentic AI deployment. The company’s multicloud strategy and hardware flexibility are reportedly driving significant contract growth despite capital expenditure challenges.

Oracle’s AI-Fueled Growth Strategy

Oracle has revealed an ambitious plan to reach $225 billion in consolidated revenue by fiscal year 2030, according to reports from its recent AI World conference in Las Vegas. The nearly 50-year-old company is positioning itself for what co-CEO Mike Sicilia called “a once-in-a-generation moment where AI changes everything” during his keynote address. Achieving this target would require a 31 percent compound annual growth rate, analysts suggest.