Market Scenario
The IoT services enables interoperability with connected devices for solving business problems with respect to any function as operations, technical support, innovation and others. The IoT Managed Services market is segmented by various end-users, as IT & Telecom, healthcare, retail, Automotive & Transport, manufacturing and others. Out of these end-users, the adoption of IoT Managed Services is expected to be the largest in the automotive and transport sector.
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The ongoing deployment of LTE and technological advancements in various fields have boosted the number of connected devices. The connected devices consist of numerous devices such as sensors, smart phones, tablet computers, laptops, and desktop personal computers. The trend of a high attraction towards connectivity is observed worldwide. The emergence of new technologies like ZigBee, which works on inexpensive batteries, improves comfort in the development of connected devices. Emergence of new applications and technological advancements in the field of wireless connectivity technologies such as general packet radio service (GPRS), Wi-Fi, and worldwide interoperability for microwave access (WiMax) are increasing the number of connected devices. The connected devices provide seamless and rapid activation experience, also provides monitoring and diagnostics which requires to be managed properly. Cisco, one of the top players in connected devices and IoT provider analyzed that approximately 50 billion devices will be connected devices. The number of connected devices is expected to increase exponentially in the coming years. The increased security threats related to connected devices and the demand for efficiency in connected devices can be achieved by the IoT managed services thus leaving a positive impact on the IoT managed services market.
The global Iot Managed Services Market is expected to reach USD 84.12 billion by the end of 2022 with 24.48% CAGR during forecast period 2016-2022
Key Players:
The prominent players in the market of IoT Managed Services market are –Accenture Plc. (Ireland), Cisco System Inc. (U.S), Google Inc. (U.S), Apple Inc. (U.S), AT & T Inc. (U.S), Intel Corporation (U.S), Microsoft Corporation (U.S), HP Inc. - (U.S), - International Business Machines Corporation (IBM) (U.S), Qualcomm Inc. (U.S) and among others
Segments:
Global IoT Managed Services Market, By Services
- Network Management
- Security Management
- Device Management
- Infrastructure Management
- Others
Global IoT Managed Services Market, By End Users
- Automotive and Transport
- IT and Telecom
- Healthcare
- BFSI
- Manufacturing
- Others
Global IoT Managed Services Market, By Organization Size
- SMEs
- Large Enterprise
Regional Analysis:
IoT Managed Services has a high penetration across the globe. The global IoT Managed Services market is analyzed on the basis of region into different regions as North America, Asia-Pacific, Europe and Rest of the world (ROW). North America region is expected to hold the largest share in the IoT Managed Services Market. The technological advancements and early adoption of IoT Managed Services in this region has resulted in the highest market share in the IoT Managed Services market.
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Intended Audience
- IoT Managed Services Manufacturers
- Distributors
- Research firms
- Consultancy firms
- Software Developers
- Vendors
- Semiconductor Manufacturers
- Stakeholders
- End-user sectors
- Technology Investors
Table of Contents:
List of Figures
Figure 1 Research Network Solution
Figure 2 Global Iot Managed Services Market: By Service (%)
Figure 3 Global Iot Managed Services Market: By Components (%)
Figure 4 Global Iot Managed Services Market: By User (%)
Figure 5 Global Iot Managed Services Market: By Organization Size (%)
Figure 6 Global Iot Managed Services Market: By Gepgraphy (%)
Figure 7 North America Iot Managed Services Market, By Service (%)
Figure 8 North America Iot Managed Services Market, By Components (%)
Figure 9 North America Iot Managed Services Market, By User (%)
Figure 10 North America Iot Managed Services Market, By Organization Size (%)
Figure 11 North America Iot Managed Services Market, By Geography (%)
Figure 12 Europe Iot Managed Services Market, By Service (%)
Figure 13 Europe Iot Managed Services Market, By Components (%)
Figure 14 Europe Iot Managed Services Market, By User (%)
Figure 15 Europe Iot Managed Services Market, By Organization Size (%)
Figure 16 Europe Iot Managed Services Market, By Geography (%)
Figure 17 Asia-Pacific Iot Managed Services Market, By Service (%)
Figure 18 Asia-Pacific Iot Managed Services Market, By Components (%)
Figure 19 Asia-Pacific Iot Managed Services Market, By User (%)
Figure 20 Asia-Pacific Iot Managed Services Market, By Organization Size (%)
Continued…
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Market HighlightsInnovation and the numerous benefits such as flexibility, disaster recovery, automatic software updates and others; provided by the cloud technology has boosted the adoption of cloud services.
According to the analysis, to sustain the technological advancements of cloud technology and the penetration of IoT, there has been a great demand for IoT managed services.
There has been a recent news dated February 26, 2017; about Avnet, the leading global technology distributor partnered with AT to integrate IoT managed services with cloud applications and deliver it impeccably into their IoT solution stack.
The IoT managed services are industry specific therefore many organizations prefer IoT managed services for their specified requirements.
However, security has been a major concern in all the sectors and the IoT managed service for IoT security assessments is the best solution available in the market.The Global Iot Managed Services Market is expected to reach at USD 84.12 billion with 24.48% of CAGR from 2016 to 2022.Taste the market data and market information presented through more than 60 market data tables and figures spread over 85 numbers of pages of the project report.
Avail the in-depth table of content TOC & market synopsis on “IoT Managed Services Market Research Report -Forecast to 2022”.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2333Key Players:The prominent players in the market of IoT Managed Services market are –Accenture Plc.
IoT Managed Services Market – OverviewThe intense upswing in the use of connected devices is estimated to create new possibilities for the IoT managed services market 2020.
The IoT and M2M Communication reports are generated by Market Research Future, which contains market alternatives for progress.
A revenue base of USD 172.6 billion is forecasted by 2025, with the global market registering a 22.4% CAGR in the coming years.The ascending implementation level of cloud services is forecasted to create new options for the Internet of Thing (IoT) managed services market.
On the basis of end-users, the IoT managed services market has been segmented into healthcare, BFSI, automotive and transport, IT & telecom, manufacturing, and others.
The regional market of North America leads the IoT managed services market and is getting ahead in the occupation of the important share in the market due to the technical signs of progress and prompt application of IoT managed services in this region.
The regional market of Europe is set to gain the subsequent place in the IoT managed services market by the final stages of the forecast period due to its financial assistance to the incredible developments in the automotive sector.
According to a new market research report ”Internet of Things (IoT) Managed Services Market by Service Type (Infrastructure Management, Security Management, Network Management, Data Management, Device Management), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets™, The IoT managed services market size is expected to grow from USD 21.85 Billion in 2016 to USD 79.60 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 29.5% during the period 2016–2021.The major drivers for upsurge in demand for the IoT managed services market include rising momentum of managed cloud services as industry is transitioning from traditional hosting to cloud hosting.
So this redirects them to mostly utilize a third party managed cloud service provider for the same.Browse 36 market data tables and 36 figures spread through 112 pages and in-depth TOC on “Internet of Things (IoT) Managed Services Market by Service Type (Infrastructure Management, Security Management, Network Management, Data Management, Device Management), Vertical, and Region - Global Forecast to 2021"Major Key CompaniesThe major vendors covered in the IoT managed services market for this study include Cisco Systems, Inc. (California, U.S.), Cognizant Technology Solutions Corporation (New Jersey, U.S.), HCL Technologies Limited (Uttar Pradesh, India), Harman International Industries, Inc. (Connecticut, U.S.), Infosys Limited (Karnataka, India), Virtusa Corporation (Massachusetts, U.S.), Tieto Corporation(Helsinki, Finland), Tata Consultancy Services Limited (Maharashtra, India), Tech Mahindra Limited (Maharashtra, India), and Wipro Limited (Karnataka, India).Evolution of IoT technologies and increasing adoption of IoT system for enterprises provide lucrative growth opportunities across the globe over the forecast period.
The service provider guide companies in creating a new IoT infrastructure to enhance its existing system.
It also includes strategy formulation, use case development, roadmap development, technology assessment, and IoT architecture.Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256294760The scope of this report covers the IoT managed services market analysis by services type, vertical, and region.
Device management services helps to achieve better data security, perform analyses to gain valuable insights from the granular data coming out from these services, and ensure a great customer experience.The smart transportation segment is expected to have the largest market share and estimated to grow at the highest CAGR during the forecast period.
The increasing requirement for managing analytics, security, devices& sensors, data and high volume networking and increase in the overall operations and responsiveness drives the smart transportation vertical in IoT managed services market.As per the geographic analysis, Asia-Pacific (APAC) is expected to grow at the highest CAGR during the forecast period.
