IoT Managed Services Market Scope and Analysis by 2031
IoT Managed Services Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 82.30 Billion |
Market Size by 2031 | US$ 519.22 Billion |
Global CAGR (2023 - 2031) | 25.9 % |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Service
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
IoT Managed Services Market News and Recent Developments
The IoT managed services market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the IoT managed services market are listed below:
- KORE, a global provider of Internet of Things (IoT) solutions and global IoT connectivity-as-a-service (IoT CaaS), announced a go-to-market agreement with Google Cloud to allow IoT capabilities for enterprises throughout the world. Businesses might design effective IoT solutions using KORE's IoT Solutions as well as Google Cloud infrastructure and capabilities.
(Source: KORE, Press Release, 2022)
- HCL Technologies and SAP established a collaboration on industry-relevant IoT packaged offerings and services. HCL Technologies is a global technology organization and an Internet of Things (IoT) certified enterprise. When executing Industry 4.0 transformations, businesses must deal with a fragmented and complex solution ecosystem. HCL Technologies will bundle relevant SAP software with services and hardware to help speed up and simplify this process.
(Source: HCL Technologies, Press Release, 2022)
IoT Managed Services Market Report Coverage and Deliverables
The "IoT Managed Services Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- IoT managed services market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- IoT managed services market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- IoT managed services market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the IoT managed services market
- Detailed company profiles