Market Highlights
Innovation 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. The enterprises and industries are adopting cloud services on a large scale as it is cost efficient and provides high performance. 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. Cloud services are coupled with cyber security threats. Rising adoption of cloud services is also leading to the requirement of data security services. There has been a recent news dated February 26, 2017; about Avnet, the leading global technology distributor partnered with AT&T 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”.
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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
Market Research Future Analysis
The global IoT Managed Services market is expected to grow significantly. The market is highly application basis. IT & Telecom and Automotive & Transport segment of IOT Managed Services market globally drives the market. The market is expected to have higher growth rate as compared to the previous years.
Intended Audience
- IoT Managed Services Manufacturers
- Distributors
- Research firms
- Consultancy firms
- Software Developers
- Vendors
- Semiconductor Manufacturers
- Stakeholders
- End-user sectors
- Technology Investors
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TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
Market Factor Analysis
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.2 Supply Chain Analysis
Continued…
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Market ScenarioThe 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.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2333The ongoing deployment of LTE and technological advancements in various fields have boosted the number of connected devices.
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 number of connected devices is expected to increase exponentially in the coming years.
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.
The Internet of Things (IoT) managed services market size is estimated to be USD 21.85 Billion in 2016 and is projected to reach USD 79.60 Billion by 2021, at a CAGR of 29.5% during the forecast period.
Some of the major factors that are driving the growth of the IoT managed services market include the rising momentum of managed cloud services, as the industry is shifting from traditional hosting to cloud hosting.
Many organizations are still unware about the full potential of cloud, which results in their preference to outsource managed cloud services from third-party providers.
It also assists in analyzing the amount of data transferring over a network and automatically routes it, to avoid congestion that can result in network crash.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256294760The major drivers for the increase in demand for IoT managed services market include rise of managed cloud services and growing inclination towards cost effective managed services.
Managed Service Providers (MSPs) offer high effectiveness and performance for enterprises with their offerings, which also boosts the growth of the market.Technological giants such as 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) offer IoT managed services to cater to the needs and demands of the market.
Partnerships and collaborations have been the major strategical trends, accounting for more than half of the market share of all the growth strategies adopted by the major market players.
