IoT Managed Services Market Overview
The technology advancement within the field of wirelessly connected innovation like wireless fidelity, WiMax, and GPRS and therefore the development of the latest applications are increasing the number of connected devices. These are some of the factors possible to argue growth of the world net of things market within the worldwide years.
The paradigm shift of varied organizations from ancient hosting to cloud hosting services are a number of the key factors dynamic demand for the world web o things managed service market within the forthcoming years. Additionally, many organizations are managed service suppliers to achieve high performance and to set up monetary budgets and this is often doubtless to be another issue provision demand for the world web of Things managed service market within the returning years.
The growing security threat that is known through connected devices and therefore the demand for potency in connected devices will be accomplished by the web of issue managed service. These area unit different factors bolstering demand for this market within the returning years.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Services, Oragnization Size, Industry Vertical, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | SAP, Cognizant, TechMahindra, Cisco Systems, Oracle, IBM, Accenture, HCL Technologies, Microsoft, Honeywell, Google, ATandT, General Electric, Intel, Amazon Web Services. |
The covid-19 Impact on IoT Managed Services Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
IoT Managed Services Market Segment Overview
By Services, Network management services holds the major market share in 2023, the IoT managed services market is highly dependent upon the adoption of IoT among industries. The factors driving the worldwide IoT managed services market are the adoption of IoT across the industry, rising managed cloud services, and increasing government investments in projects such as sensible cities, among others.
By Organization Size, The Large Enterprises holds the biggest market share throughout the forecast amount. The factors that may be attributed are because the volume and type of knowledge are increasing day-by-day with the growing demand for IT systems in large enterprises.
By Industry Verticals, communication holds the biggest market share throughout the forecast period. Owing to the increase in demand for smartphones and 5G technologies introducing in the industry this factor boosting the telecommunication sector.
Market Analysis, Insights and Forecast – By Services
· Network Management
· Security Management
· Device Management
· Infrastructure Management
Market Analysis, Insights and Forecast – By Organization Size
· Large Enterprises
· Small and Medium Organizations
Market Analysis, Insights and Forecast – By Industry Verticals
· IT
· Communication
· Intelligent Transportation
· Smart Energy/Utilities
IoT Managed Services Market Regional Overview
Region-wise, in terms of regions, North America holds to major market share in forecast period. The most important market share attributes to technological advancements and also the robust presence of key player’s sanctionative early adoption of IoT managed services.
IoT Managed Services Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
IoT Managed Services Market Competitor overview
Some key developments and strategies adopted by manufacturers in the IoT Managed Services are highlighted below.
· In 2021, Oracle declared that it has been named by the Ministry of Electronics & Information Technology, Government of India (MeitY) as an impanelled cloud infrastructure solution provider, following a rigorous audit. This is helping governments and other public sector entities in India; they will benefit of Oracle’s second generation cloud technologies and move their most challenging workloads, including oracle's workload, oracle cloud infrastructure helping to accelerate the digitally empowered society, and knowledge economy.
IoT Managed Services Market, Key Players
· SAP
· Cognizant
· Tech Mahindra
· Cisco Systems
· Oracle
· IBM
· Accenture
· HCL Technologies
· Microsoft
· Honeywell International
· Google
· ATandT
· General Electric
· Intel
· Amazon Web Services
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the IoT Managed Services market during the forecast period?
IoT Managed Services market is expected to record a CAGR of ~ 27.90% during the forecast period.
Q2. Which segment is projected to hold the largest share in the IoT Managed Services Market?
Large Enterprise segment is projected to hold the largest share in the IoT Managed Services Market.
Q3. What are the driving factors for the IoT Managed Services market?
Technology Advancement within number of connected devices, rising adoption IoT managed services across the globe are holds the growth of market IoT Managed Services throughout the forecast period.
Q4. Which Segments are covered in the IoT Managed Services market report?
Services, Organization Size, Industrial Vertical, and Region, these segments are covered in the IoT Managed Services market report.
Q5. Which are the prominent players offering IoT Managed Services?
SAP,Cognizant,TechMahindra,CiscoSystems,IBM,Accenture,HCLTechnologies,Microsoft,Honeywell International ,Google,ATandT,General Electric,Intel,Amazon Web Services.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global IoT Managed Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Services
- 5.2.1. Network Management
- 5.2.2. Security Management
- 5.2.3. Device Management
- 5.2.4. Infrastructure Management
- 5.3. Market Analysis, Insights and Forecast – By Organization Size
- 5.3.1. Large Enterprises
- 5.3.2. Small and Medium Organizations
- 5.4. Market Analysis, Insights and Forecast – By Industry Vertical
- 5.4.1. IT
- 5.4.2. Communication
- 5.4.3. Intelligent Transportation
- 5.4.4. Smart Energy/Utilities
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America IoT Managed Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Services
- 6.2.1. Network Management
- 6.2.2. Security Management
- 6.2.3. Device Management
- 6.2.4. Infrastructure Management
- 6.3. Market Analysis, Insights and Forecast – By Organization Size
- 6.3.1. Large Enterprises
- 6.3.2. Small and Medium Organizations
- 6.4. Market Analysis, Insights and Forecast – By Industry Vertical
- 6.4.1. IT
- 6.4.2. Communication
- 6.4.3. Intelligent Transportation
- 6.4.4. Smart Energy/Utilities
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe IoT Managed Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Services
- 7.2.1. Network Management
- 7.2.2. Security Management
- 7.2.3. Device Management
- 7.2.4. Infrastructure Management
- 7.3. Market Analysis, Insights and Forecast – By Organization Size
- 7.3.1. Large Enterprises
- 7.3.2. Small and Medium Organizations
- 7.4. Market Analysis, Insights and Forecast – By Industry Vertical
- 7.4.1. IT
- 7.4.2. Communication
- 7.4.3. Intelligent Transportation
- 7.4.4. Smart Energy/Utilities
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific IoT Managed Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Services
- 8.2.1. Network Management
- 8.2.2. Security Management
- 8.2.3. Device Management
- 8.2.4. Infrastructure Management
- 8.3. Market Analysis, Insights and Forecast – By Organization Size
- 8.3.1. Large Enterprises
- 8.3.2. Small and Medium Organizations
- 8.4. Market Analysis, Insights and Forecast – By Industry Vertical
- 8.4.1. IT
- 8.4.2. Communication
- 8.4.3. Intelligent Transportation
- 8.4.4. Smart Energy/Utilities
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa IoT Managed Services Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Services
- 9.2.1. Network Management
- 9.2.2. Security Management
- 9.2.3. Device Management
- 9.2.4. Infrastructure Management
- 9.3. Market Analysis, Insights and Forecast – By Organization Size
- 9.3.1. Large Enterprises
- 9.3.2. Small and Medium Organizations
- 9.4. Market Analysis, Insights and Forecast – By Industry Vertical
- 9.4.1. IT
- 9.4.2. Communication
- 9.4.3. Intelligent Transportation
- 9.4.4. Smart Energy/Utilities
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Oracle
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. SAP
- 10.6. Cognizant
- 10.7. Tech Mahindra
- 10.8. Cisco Systems
- 10.9. IBM
- 10.10. Accenture
- 10.11. HCL Technologies
- 10.12. Microsoft
- 10.13. Honeywell International
- 10.14. Google
- 10.15. ATandT
- 10.16. General Electric
- 10.17. Intel
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
