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COM:HIVEMQ

HiveMQ

  • Privately Held
OverviewAnalysisMetricsFinancialsFilingspeopleAPIData
Pros and Cons

Strong position in the rapidly growing IoT and IIoT markets

Focus on enterprise-grade MQTT platform, addressing critical industry needs

Scalability and security features align with key market demands

Well-positioned to benefit from the increasing adoption of MQTT in industrial automation

Operating in a market with high growth potential (20.1% CAGR for industrial networking solutions)

Potential challenges in a competitive landscape with both established players and innovative startups

Cybersecurity concerns in the IoT industry could pose risks

Complexity of implementation in legacy industrial environments may slow adoption

Rapidly evolving regulatory environment, especially around data privacy, could impact operations

Summary
Competition
HiveMQ operates in a competitive landscape with both established players and innovative startups. Key competitors include open-source options like Eclipse Mosquitto and growing players such as EMQx. HiveMQ differentiates itself through its enterprise-grade MQTT platform, focusing on scalability, security features, and integration capabilities. The market is characterized by rapid technological advancements and increasing demand for robust IoT communication solutions.
Business
HiveMQ is a technology company specializing in enterprise MQTT platforms for IoT and IIoT applications. Founded to address the growing need for reliable and scalable IoT communication solutions, HiveMQ has positioned itself as a significant player in the MQTT broker market. The company focuses on providing robust, secure, and highly scalable MQTT solutions that enable efficient real-time data transfer in industrial and enterprise IoT environments.
Recent Acquisitions
Assessment

Growth

Revenue Organic

Given the high industry CAGR of 20.1% and HiveMQ's position in a growing market, organic revenue growth is likely strong.

Revenue Overall

The IoT enterprise spending is projected to grow from $201 billion to $483 billion by 2027, suggesting high overall revenue growth potential for key players like HiveMQ.

Profile

Multinational

While HiveMQ likely serves global clients due to the nature of IoT, specific information about its multinational presence is not provided.

Clear Market Leader

HiveMQ is described as a significant player in the MQTT broker market with enterprise-grade solutions, suggesting a strong market position.

Buy-and-Build Platform

-

Insufficient information to assess HiveMQ's acquisition strategy or platform expansion capabilities.

Resilience

Non-cyclical

IoT and IIoT solutions are becoming increasingly essential across industries, suggesting strong non-cyclical characteristics.

Revenue Visibility

As an enterprise MQTT platform provider, HiveMQ likely has some recurring revenue, but exact visibility is unclear without specific financial data.

Profitability

Gross Margin

-

Lack of detailed financial information prevents assessment of gross margin.

EBITDA Margin

-

No specific EBITDA data provided to evaluate this metric.

Cash Conversion

-

Insufficient financial information to assess cash conversion.