IoT Services Market was valued US$ 113.72 Bn in 2022, and is expected to reach US$ 185.02 Bn by 2029, at CAGR of 7.2% during forecast period.

IoT Services Market Overview

Maximise Market Research’s research provides clients with comprehensive information of the competitive landscape as a tool for strategic planning. The market’s size, trade statistics, leading companies, and other market factors, such as trends and life cycle, are all covered in detail in the IoT Services Market overview.

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IoT Services Market Report Scope and Research Methodology

The report covers insights into the major drivers, challenges, and major restraints of the IoT Services Market. The IoT Services Market report includes current trends and market highlights, assisting clients in exploring lucrative opportunities in the market.  During the forecast period, the report covers market size with estimations and growth rates. To understand market penetration, competitive structure, pricing, and demand analysis, regional market analysis is carried out at the local, regional, and global levels. 

For a competitive landscape of the IoT Services Market, Key players are collected based on several parameters that involve the products and services offered, revenue generated, technological advancements adopted and mergers and acquisitions. The bottom-up approach was used for IoT Services market estimation. Data is collected using primary and secondary collection methods with qualitative and quantitative approaches. Primary data include surveys, questionnaires and telephonic interviews with market experts, market leaders and business owners. Secondary data was taken from annual reports, financial reports, government organizations’ sites and white papers. 

Research tools like SWOT, PESTLE and Porter were used for the IoT Services Market analysis for the Micro and macro factors affecting the IoT Services Market presented. Thus the report act as a guide for investors, stakeholders, and market followers of the market. 

IoT Services Market Regional Insights

The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the IoT Services market status in various countries.  The IoT Services market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. 

IoT Services Market Segmentation

by Vertical
IT & Telecom
Transportation & Logistics

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IoT Services Market Key Players

1. AT&T
2. Ericsson
3. Cisco
4. Cognizant
5. Infosys
6. Harman International Industries
7. Tieto Corporation
8. Virtusa Corporation
9. Tata Consultancy Services
10. Vodafone Global PLC
11. Accenture PLC
12. Atos SE
13. NTT Data Corporation
14. Tech Mahindra
15. Luxoft Holding Inc.
16. EPAM Systems, Inc.
17. NIIT Technologies
18. Lochbridge Inc.
19. Dell Technologies Inc.
20. Bosch
21. Rogers Communication Inc.
22. Deloitte
23. AGT
24. Jetter AG
25. CGI
26. Wind River
27. Verizon Enterprise Solutions
28. Globecomm
29. Integron
30. Arrow Sustainable Technology Solutions

Key questions answered in the IoT Services Market are:

  • What is IoT Services?
  • What was the IoT Services market size in 2023?
  • What is the growth rate of the IoT Services Market?
  • Which are the factors expected to drive the IoT Services market growth?
  • What are the different segments of the IoT Services Market?
  • What growth strategies are the players considering to increase their presence in IoT Services?
  • What are the upcoming industry applications and trends for the IoT Services Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the IoT Services Market?
  • What is the demand pattern of the IoT Services Market?
  • What major challenges could the IoT Services Market face in the future? 
  • What segments are covered in the IoT Services Market?
  • Who are the leading companies and what are their portfolios in IoT Services Market? 
  • What segments are covered in the IoT Services Market?
  • Who are the key players in the IoT Services market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Pune, Maharashtra 411041, IndiaC 

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