Market Research Report
IoT Managed Services
|Published by||Global Industry Analysts, Inc.||Product code||907976|
|Published||Content info||122 Pages
Delivery time: 1-2 business days
|IoT Managed Services|
|Published: October 1, 2019||Content info: 122 Pages||
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.