Global IoT Integration Market, By Service (Device & Platform Management Services, Application Management Services, Consulting Services, System Design & Architecture and Others), By Application (Smart Building & Home Automation , Smart Healthcare, Energy & Utilities, Industrial Manufacturing & Automation, Smart Retail, Smart Transportation, Logistics & Telematics), by Organization (SME, Large Enterprise), by Region, Competition & Opportunity Forecast, 2027
New York, July 19. 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Global IoT Integration Market, By Service, By Application, By Organization, By Region, Competition Forecast & Opportunities, 2027” – https: //www.reportlinker.com /p06293068/?utm_source=GNW
The global IoT integration market is expected to grow at a significant CAGR during the forecast period, 2023-2027. For the convenience, safety and enjoyment of customers, automated technology is being adopted in both residential and commercial settings.
Rising disposable income of middle-class families and improving living standards have accelerated the demand for IoT devices. The computing capacity of the IoT allows the rapid execution of several tasks.
Built-in working platforms provide access to online usage and support data monitoring in case of unauthorized access. Integration with existing infrastructure helps automatically identify internal issues and resolve them with autonomous modification.
The global IoT integration market is segmented into services, applications, organization, regional distribution and competitive landscape. Based on regional analysis, North America is expected to capture the highest market share during the forecast period 2023-2027.
Presence of major market players in the region and high-end government investments are driving the growth of the market. In addition, increasing adoption of Internet of Things technology by government authorities is further expected to positively influence market demand.
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., Tata Consultancy Services Ltd, among others.
Years considered for this report:
Historical years: 2017-2020
Base year: 2021
Estimated year: 2022E
Forecast Period: 2023F–2027F
Goal of the study:
• To analyze historical market size growth of global IoT integration market from 2017 to 2021.
• Estimate and forecast the market size of global IoT Integration market from 2022E to 2027F and the growth rate till 2027F.
• Classify and forecast the global IoT integration market based on service, application, organization, region, and company.
• To identify the dominant region or segment in the global IoT Integration market.
• Identify drivers and challenges for the global IoT integration market.
• Examine competitive developments such as expansions, new services, mergers and acquisitions, etc., in the global IoT integration market.
• Identify and analyze the profile of key players operating in the global IoT Integration market.
• To identify the key sustainable strategies adopted by market players in the global IoT Integration Market.
The analyst conducted extensive primary and secondary research for this study. Initially, the analyst procured a list of service providers across the world.
Subsequently, the analyst conducted primary research surveys with the identified companies. During the interviews, the respondents were also asked about their competitors.
Using this technique, the analyst could include service providers that could not be identified due to the limitations of secondary research. The analyst looked at the service providers and the presence of all major players across the world.
The analyst has calculated the market size of the global IoT integration market using a bottom-up approach, in which data from various end-user segments has been recorded and forecasted for the coming years. The analyst obtained these values from industry experts and company representatives and validated them externally by analyzing historical data from these services to derive 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 the analyst.
Key target audience:
• IoT integration service companies
• Market research and consulting firms
• Government bodies such as regulators and policy makers
• Organizations, forums and alliances related to IoT integration
The study is helpful in providing answers to several critical questions that are important for industry stakeholders such as service providers, partners, end users, etc., besides enabling them to develop investment strategies and to capitalize on market opportunities.
In this report, the global IoT integration market has been segmented into the following categories, in addition to industry trends which have also been detailed below:
• Global IoT integration market, by service:
o Device and platform management services
o Application Management Services
o Advisory services
o System design and architecture
• Global IoT integration market, by application:
o Smart building and home automation
o Smart healthcare
o Energy and utilities
o Industrial manufacturing and automation
o Smart retail
o Smart Transportation
• Global IoT integration market, by organization:
o Large Companies
• Global IoT integration market, by region:
o North America
o Middle East and Africa
o South America
Company Profiles: Detailed analysis of the major companies operating in the global IoT integration market.
With the market data provided, we offer customizations based on a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of other market players (up to five).
Read the full report: https://www.reportlinker.com/p06293068/?utm_source=GNW
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