IoT Integration Market Outlook 2027 By Services, Size, Share, Trends, Opportunities and Forecast
According to TechSci Research, Global IoT integration market is expected to grow at an impressive rate during the forecast period owing to flexibility at workplace and to enhance performance and efficiency of the employees. Bring your own device facility at workplace is aiding to the market growth for the IoT integration. Rise in demands for customizable changes such as enhanced security, high performance, notification alerts, by consumers is fueling the global IoT integration market growth. Also, rising enterprise data and management of data is fostering the global IoT integration market. Growing preference of organizations to streamline their business operations and need for seamless connectivity is bolstering the global IoT integration market growth. IoT facilitates in real-time analysis of the organization process and product performance and provide better customer service. Rising penetration of internet services and growing disposable income is further aiding the global IoT integration market growth.
Integration with existing infrastructure helps in detecting the internal faults and overcome them automatically by making autonomous adjustments without the need for external help. Surge in adoption of work from home method or remote workplace environment preference after pandemic is a major driver for the global IoT integration market growth.
Global IoT integration market is segmented into service, application, organization, region, and company. Based on regional analysis, North America is one of the major market due to technological advancements and developed network infrastructure. Also, presence of key players in the region is bolstering the market growth for the region. Government initiative and policies for development of smart cities is accelerating the market growth. Adoption of industrial internet of things by organizations is aiding in the market growth for global IoT integration market. Growing application of internet of things across various end-user industries for instance healthcare, manufacturing is aiding to the market growth for IoT integration market.
The major players operating in the global IoT integration market are Fujitsu Ltd, Tech Mahindra Limited, HCL Technologies, DXC Technology Company, NTT Data Corporation, MuleSoft, Inc., Tibbo Technology Inc., Timesys Corporation, Accenture, Inc.
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Tata Consultancy Services Ltd, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
- To analyze the historical growth of the market size of global IoT integration market from 2017 to 2020.
- To estimate and forecast the market size of global IoT integration market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global IoT integration market based on service, application, organization, region, and company.
- To identify dominant region or segment in the global IoT integration market.
- To identify drivers and challenges for global IoT integration market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global IoT integration market.
- To identify and analyze the profile of leading players operating in global IoT integration market.
- To identify key sustainable strategies adopted by market players in global IoT integration market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global IoT integration market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- IoT Integration service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to IoT integration
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Service · Application · Organization |
Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Australia; Germany; France; United Kingdom; Spain; Italy; Egypt; Nigeria; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa |
Key Companies Profiled | Fujitsu Ltd, Tech Mahindra Limited, HCL Technologies, DXC Technology Company, NTT Data Corporation, MuleSoft, Inc., Tibbo Technology Inc., Timesys Corporation, Accenture, Inc. Tata Consultancy Services Ltd. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global IoT integration market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
· Global IoT Integration Market, By Service:
- Device and Platform Management Services
- Application Management Services
- Advisory Services
- System Design and Architecture
- Global IoT Integration Market, By Application:
- Smart Building and Home Automation
- Smart Healthcare
- Energy and Utilities
- Industrial Manufacturing and Automation
- Smart Retail
- Smart Transportation
- Logistics
- Telematics
- Global IoT Integration Market, By Organization:
- SMEs
- Large Enterprises
- Global IoT Integration Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Netherlands
- Spain
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- Australia
§ Malaysia
o Middle East & Africa
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- South America
§ Brazil
§ Argentina
§ Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global IoT integration market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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