Report overview
The market is said to be driven by the growing need for reduced system troubleshooting and enhanced operational efficiency, the increasing requirement of risk mitigation to minimize the data loss, the increasing adoption of micro services, and the accelerating Social, Mobile, Analytics, and Cloud (SMAC)technologies.
This report aims to provide a comprehensive presentation of the global market for IoT Engineering Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Engineering Services. This report contains market size and forecasts of IoT Engineering Services in global, including the following market information:
Global IoT Engineering Services Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global IoT Engineering Services market was valued at US$ 12450 million in 2023 and is projected to reach US$ 41930 million by 2029, at a CAGR of 18.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Industrial manufacturing vertical is expected to have the largest market share during the forecast period.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the IoT Engineering Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IoT Engineering Services Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global IoT Engineering Services Market Segment Percentages, by Type, 2023 (%)
Product Engineering
Cloud & Platform Engineering
UI/UX Design
Analytics
Global IoT Engineering Services Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global IoT Engineering Services Market Segment Percentages, by Application, 2023 (%)
Medical
Transportation And Logistics
IT, Communication
Industrial Production
Energy, Utilities
Other
Global IoT Engineering Services Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global IoT Engineering Services Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IoT Engineering Services revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies IoT Engineering Services revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
ARICENT
WIPRO
CAPGEMINI
IBM
TCS
HAPPIEST MINDS
INFOSYS
COGNIZANT
EINFOCHIPS
RAPIDVALUE
TECH MAHINDRA
PRODAPT SOLUTIONS
Outline of Major Chapters:
Chapter 1: Introduces the definition of IoT Engineering Services, market overview.
Chapter 2: Global IoT Engineering Services market size in revenue.
Chapter 3: Detailed analysis of IoT Engineering Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of IoT Engineering Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
