Smart City Initiative is Expected to Drive IoT Professional Services Market Growth by 2028
Government initiatives are expected to increase the adoption rate of IoT devices, making more organizations rely on professional services for deployment and further management during the forecast period of 2024-2028. According to TechSci Research report, IoT Professional Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028, the Global IoT Professional Services market is expected to register a robust growth during the forecast period, 2024-2028 . Globally, IoT devices and systems are expected to increase as part of transportation, utilities, and infrastructure. Government initiatives are expected to increase the adoption rate of IoT devices, making more organizations rely on professional services for deployment and further management. For instance, from 2020, 80% of all European Union member states' consumers have access to smart meters. With these changes, countries are adopting intelligent metering systems more and mo...