Internet of things (IoT) Services Global Market Report 2020-30: Covid 19 Growth and Change from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global internet of things (IoT) services market.
This report focuses on internet of things (IoT) services market which is experiencing strong growth. The report gives a guide to the internet of things (IoT) services market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
The global IoT services market is expected to decline from $143.48 billion in 2019 to $139.36 billion in 2020 at a compounded annual growth rate (CAGR) of -2.87%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities that eventually led to a slowdown in the economy. The market is then expected to recover and reach $260.41 billion in 2023 at a CAGR of 23.17%.
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Some of the key players of IoT Services Market:
Cisco Systems,Cognizant,Google,Infosys,Tieto Corporation,Virtusa Corporation,Accenture PLC,IBM,Tech Mahindra,Harman International Industries,Microsoft,Wipro,Hcl Technologies,Tata Consultancy Services Limited,AT and T,Honeywell International Inc.,,Amazon,HP (Hewlett Packard),Intel Security Group,Apple,Qualcomm
The internet of things (IoT) services market consists of the sales of IoT as services and their related products. Business entities act as a support to the end-user companies by providing professional and managed services such as network management, data management platforms, infrastructure, and deployment of the IoT technology for making them automated and smarter. Internet of things (IoT) services are delivered by the IoT service providers who provide consulting, security, and analytics services as per the requirement of the business.
The IoT services market covered in this report is segmented by type into professional services; managed services and by vertical into manufacturing; retail; IT & telecom; transportation & logistics; utilities; healthcare; energy; others.
The Global IoT Services Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.
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What the report features:-
1. Global analysis of IoT Services Market from 2010 – 2023 illustrating the progression of the market.
2. Forecast and analysis of IoT Services Market by Dosage, Route of Administration and Application from 2020 – 2023.
3. Forecast and analysis of IoT Services Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
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