Global Iot Managed Services Market 2025-2029

IoT Managed Services Market 2025-2029

The IoT managed services market is forecasted to grow by USD 538.5 billion during 2024-2029, accelerating at a CAGR of 33.1% during the forecast period. The report on the IoT managed services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of IoT solutions, need to adhere to regulatory guidelines and ensure compliance, and rise in industrial automation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's IoT managed services market is segmented as below:

By Type

• Network management services
• Security management services
• Infrastructure management services
• Data management services
• Device management services

By Deployment

• On-premises
• Cloud

By Sector

• SMEs
• Large enterprises

By End-user

• Healthcare
• Manufacturing
• BFSI
• Retail
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• Middle East and Africa
• South America

This study identifies the leveraging manufacturing data for predictive maintenance as one of the prime reasons driving the IoT managed services market growth during the next few years. Also, use of wearables to monitor human health and environment and advent of big data and analytics services will lead to sizable demand in the market.

The report on the IoT managed services market covers the following areas:

• IoT Managed Services Market sizing
• IoT Managed Services Market forecast
• IoT Managed Services Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IOT managed services market vendors that include Accenture PLC, Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., Intel Corp., International Business Machines Corp., Itron Inc., KORE Group Holdings Inc., Microsoft Corp., Oracle Corp., Pelion IOT Ltd., Qualcomm Inc., Tech Mahindra Ltd., Verizon Communications Inc., and Wipro Ltd.. Also, the IOT managed services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.