IoT Engineering Services Market to Grow at 23% CAGR by 2023 | TechSci Research
Ongoing Industr ie 4.0 revolution, rapidly proliferating adoption of SMACT technologies (Social Media, Mobile technology, Advanced Analytics, Cloud and Internet of Things (IoT) ), and burgeoning security engineering and risk mitigation demand to fuel global IoT engineering services market through 2023. According to TechSci Research report, “ Global IoT Engineering Services Market By Service, By End User Sector, By Region, Competition Forecast & Opportunities, 2013 – 2023 ” , IoT engineering services market, globally, is forecast to exhibit a CAGR of 23.48%, in value terms, during 2018-2023. Increasing penetration of SMACT technologies, digital manufacturing momentum, and ongoing Industrie 4.0 revolution are among the key factors expected to drive growth in the market. Moreover, increasing demand for smart & connected things, rising number of government initiatives to promote smart technology, and growing adoption...