Global IoT Managed Services Industry

Global IoT Managed Services Industry

  • October 2019 •
  • 122 pages •
  • Report ID: 5798951 •
  • Format: PDF
IoT Managed Services market worldwide is projected to grow by US$178.3 Billion, driven by a compounded growth of 28.5%. Infrastructure Management Services, one of the segments analyzed and sized in this study, displays the potential to grow at over 30.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$46.4 Billion by the year 2025, Infrastructure Management Services will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 31.8% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$5.5 Billion to the region’s size and clout in the next 5 to 6 years. Over US$8.3 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Infrastructure Management Services will reach a market size of US$4.7 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 27.2% over the next couple of years and add approximately US$29.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Aricent, Inc.; Cisco Systems, Inc.; Cognizant Technology Solutions Corporation; Futurism Technologies, Inc.; Happiest Minds Technologies Private Limited; Harman International Industries, Inc.; HCL Technologies Ltd.; iLink Systems, Inc.; Infosys Ltd.; Scalable Systems; Tata Consultancy Services Ltd.; Tech Mahindra Ltd.; Tieto Corporation; Trustwave Holdings, Inc.; Virtusa Corporation; Wipro Ltd.