IoT Managed Services Market Share, Global Analysis, Sales Revenue, Development Strategy, Emerging Technologies, Competitive Landscape and Regional Forecast 2022
Market Research Future published a research report on “Global IoT Managed Services Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Pune, India – June 21, 2019 /MarketersMedia/ —
Market Synopsis:
According to Market Research Future (MRFR)’s latest analysis, the global IoT managed services market is set to thrive remarkably at a stellar CAGR of 24.48% during the forecast period 2016 to 2022. The market is anticipated to scale a valuation of USD 84.12 Bn towards the end of the assessment period. IoT has penetrated major end-user industries such as retail, telecom, automotive, healthcare, etc. An upsurge in applications is expected across different domains which are poised to accelerate revenue creation for market participants.
IoT managed services helps is solving issues concerning technical support, automation, operations, etc. while facilitating interoperability. Technological innovations are prognosticated to dictate the growth trajectory of the IoT managed services market by increasing shift towards connectivity. For instance, the developments in the wireless connectivity technologies are prognosticated to attract a larger customer base in the years to come.
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IoT requisites seamless connectivity for operational efficiency. The introduction of LTE technology has revolutionized the growth trajectory of the IoT managed services market over the last few years. The commercialization of 5G networks is projected to catapult the market on an upward trajectory. It is forecasted to exponentially increase the number of connected devices over the next few years, thus, augmenting the market.
The market is expected to attract inflow of investments over the assessment period for boosting the growth pattern of the Iot Managed Services Market in the foreseeable future. However, the rising threats associated with security is likely to hinder market growth through the review period.
Industry News:
In April 2019, a provider of service assurance and IoT applications management solutions, Viakoo, has signed a platinum partnership agreement with Convergint Technologies, systems integrator, for managed services sales.
In April 2019, Ericsson, a telecom technology major, has showcased use cases of Internet of Things (IoT) and 5G including Intelligent Managed Services, Ericsson Spectrum Sharing, and Communication on Smart Devices.
In April 2019, Telia Company AB, a Swedish dominant telephone company, has signed a 10-year contract with energy services firm ONE Nordic for the connectivity of 900,000 smart meters with low-power, wide-area network (LPWAN).
In April 2019, IT Europa and Angel Business Communications announced that they would jointly host the ninth annual UK Managed Services & Hosting Summit 2019 which will bring resellers, integrators, and providers of managed services together.
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.
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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
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Source: MarketersMedia
Release ID: 527650
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