PUBLISHER: Allied Market Research | PRODUCT CODE: 1193010
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193010
Modern businesses and industries nowadays consider the adoption of various digital and automation trends to upscale their productivity and optimize their business operations. Such trends fuel integration of IoT solutions into various aspects of modern business enterprises. Furthermore, the rise in demand for IoT applications propels the growth of the global IoT in the banking market. Furthermore, increase in penetration of IoT-powered smartphones and smart wearables are expected to aid in the growth of IoT solutions in the banking industry. However, higher installation costs and complex infrastructural requirements can hamper the market growth. Conversely, advancements in the field of IoT and cloud technology are expected to offer remunerative opportunities for the expansion of the IoT integration market during the forecast period.
The IoT integration market is segmented on the basis of service type, enterprise size, industry vertical, and region. By service type, the market is fragmented into system design services, device and platform management services, application management services, network management services, testing services, and others. By enterprise size, the market is bifurcated into large enterprises and small & medium enterprises. By industry vertical, the market is classified into BFSI, Manufacturing, Healthcare, Government & Defense, Energy & Utilities, Automotive & Transportation, Retail & E-commerce, IT & Telecom, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global IoT integration market is dominated by key players, such as Accenture, ATOS SE, Capgemini, Cognizant, Dell Technology, DXC Technology, Fujitsu Limited, HCL Technologies, IBM Corporation, Infosys Limited, NTT data corporation, Salesforce Inc., Tech Mahindra, Tata Consultancy Services, Wipro, Deloitte, and Softdel. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
By Service Type
By Enterprise Size
By Industry Vertical
By Region