Global IoT Managed Services Market - Top Companies Profile, Industry Analysis

Posted by Savni on March 11th, 2020

Overview:

The IoT services enables interoperability with connected devices for solving business problems with respect to any function as operations, technical support, innovation and others. The Global IoT Managed Services Market is growing with the rapid pace mainly due to the emergence of connected devices and the burgeoning advent technology.   

According to a recent study report published by the Market Research Future, The market is booming and expected to gain prominence over the forecast period. The global IoT Managed Services market is estimated to accrue up to USD 84.12 Billion by 2022 with a whooping double digit CAGR of 24.48% during 2016 and 2022.

The ongoing deployment of LTE and technological advancements in various fields have boosted the number of connected devices. The connected devices consist of numerous devices such as sensors, smart phones, tablet computers, laptops, and desktop personal computers. The trend of a high attraction towards connectivity is observed worldwide. The emergence of new technologies like ZigBee, which works on inexpensive batteries, improves comfort in the development of connected devices. Emergence of new applications and technological advancements in the field of wireless connectivity technologies such as general packet radio service (GPRS), Wi-Fi, and worldwide interoperability for microwave access (WiMax) are increasing the number of connected devices.

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The connected devices provide seamless and rapid activation experience, also provides monitoring and diagnostics which requires to be managed properly. Cisco, one of the top players in connected devices and IoT provider analyzed that approximately 50 billion devices will be connected devices. The number of connected devices is expected to increase exponentially in the coming years. The increased security threats related to connected devices and the demand for efficiency in connected devices can be achieved by the IoT managed services thus leaving a positive impact on the IoT managed services market.

Key Players:

Accenture Plc. (Ireland), Cisco System Inc. (U.S), Google Inc. (U.S), Apple Inc.  (U.S), AT & T Inc. (U.S), Intel Corporation (U.S), Microsoft Corporation (U.S), HP Inc. - (U.S), - International Business Machines Corporation (IBM) (U.S), Qualcomm Inc. (U.S) and among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the IoT Managed Services Global Market.

Segments

Global IoT Managed Services Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation By Services: Comprises Network Management, Security Management, Device Management, and Infrastructure Management among other.

Segmentation By End Users: Comprises Automotive and Transport, IT and Telecom, Healthcare, BFSI, Manufacturing.

Segmentation By Organization Size: Comprises SMEs, Large Enterprise

Segmentation By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Regional Analysis

IoT Managed Services has a high penetration across the globe. The global IoT Managed Services market is analyzed on the basis of region into different regions as North America, Asia-Pacific, Europe and Rest of the world (ROW). North America region is expected to hold the largest share in the IoT Managed Services Market. The technological advancements and early adoption of IoT Managed Services in this region has resulted in the highest market share in the IoT Managed Services market.

Browse More Details on Report at: https://www.marketresearchfuture.com/reports/iot-managed-services-2333

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