IoT Managed Services Market | Top Drivers and Segment Analysis
Accenture Plc, Alphabet Inc., AT and T Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., HCL Technologies Ltd., Infosys Ltd., Microsoft Corp., are some of the leading vendors in the market
The Global IoT managed services market is likely to grow by $ 179.29 billion, decelerating at a CAGR of 26.41% till 2026. Several factors such as increased adoption of IoT solutions will drive market growth. Growth by the network management services segment has been significant in recent times and is expected to offer further growth opportunities during the forecast period.
This research report lists all the growth drivers that are likely to boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. The goal of this research report is to furnish clients with insights that will help them leverage growth opportunities to implement business growth.
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IoT Managed Services Market: Segments and Geographical Regions
- This report segments the market Type (network management services, security management services, infrastructure management services, data management services, and device management services) and Geography (North America, Europe, APAC, MEA, and South America).
- 31% of the market growth will originate from North America during the forecast period. Need to adhere to regulatory guidelines and ensure compliance will facilitate the IoT managed services market growth in North America over the forecast period.
- This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report
IoT Managed Services Market: Vendor Analysis
- The market is fragmented due to the presence of several players.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- Accenture Plc, Alphabet Inc., AT and T Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., HCL Technologies Ltd., Infosys Ltd., Microsoft Corp., Tech Mahindra Ltd., and Wipro Ltd. are some of the major market participants.
Market Segmentation by Type
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- IoT Managed Services Market Split by Type
- Network management services
- Security management services
- Infrastructure management services
- Data management services
- Device management services
- IoT Managed Services Market Split by Geography
- North America
- Europe
- APAC
- MEA
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Accenture Plc
- Alphabet Inc.
- AT and T Inc.
- Cisco Systems Inc.
- Cognizant Technology Solutions Corp.
- HCL Technologies Ltd.
- Infosys Ltd.
- Microsoft Corp.
- Tech Mahindra Ltd.
- Wipro Ltd.
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Browse through some of other related market research reports for more insights:
- IoT Market in Energy Grid Management: IoT market in energy grid management is set to post an incremental growth of $ 21.72 billion during 2021-2025. The market will progress at a CAGR of almost 13.21% during the forecast period.
- IoT Data Management Market: The Global IoT data management market is expected to grow by $ 94.79 billion, decelerating at a CAGR of 13.68% till 2025.
- IoT Market in UK: The IoT Market in UK is projected to grow by $ 21.81 billion, accelerating at a CAGR of 11.80% till 2026.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will decelerate at a CAGR of 26.41%.
- What is the incremental growth of the market?
The market is expected to grow by $ 179.29 bn through 2022-2026.
- What is a key factor driving this market?
Increased adoption of IoT solutions will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
31% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Accenture Plc, Alphabet Inc., AT and T Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., HCL Technologies Ltd., Infosys Ltd., Microsoft Corp., Tech Mahindra Ltd., and Wipro Ltd.
- What are the market segments covered in this report?
The market is segmented by Type (network management services, security management services, infrastructure management services, data management services, and device management services) and Geography (North America, Europe, APAC, MEA, and South America)
