Global Internet of Things (IoT) Managed Services Market Growth (Status and Outlook) 2023-2029

Global Internet of Things (IoT) Managed Services Market Growth (Status and Outlook) 2023-2029

Growing inclination toward cost-efficient managed services is expected to drive the growth of the IoT managed services market.

LPI (LP Information)' newest research report, the “Internet of Things (IoT) Managed Services Industry Forecast” looks at past sales and reviews total world Internet of Things (IoT) Managed Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Internet of Things (IoT) Managed Services sales for 2023 through 2029. With Internet of Things (IoT) Managed Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Internet of Things (IoT) Managed Services industry.

This Insight Report provides a comprehensive analysis of the global Internet of Things (IoT) Managed Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Internet of Things (IoT) Managed Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Internet of Things (IoT) Managed Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Internet of Things (IoT) Managed Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Internet of Things (IoT) Managed Services.

The global Internet of Things (IoT) Managed Services market size is projected to grow from US$ 33820 million in 2022 to US$ 97850 million in 2029; it is expected to grow at a CAGR of 16.4% from 2023 to 2029.

APAC is expected to grow at the highest CAGR during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Internet of Things (IoT) Managed Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Security Management Services
Network Management Services
Data Management Services
Equipment Management Services

Segmentation by application
IT
Communication
Intelligent Transportation
Smart Energy/Utilities

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cisco Systems
Cognizant Technology Solutions
Happiest Minds Technologies
Harman International Industries
Hcl Technologies
Infosys
Tata Consultancy Services
Tech Mahindra
Tieto
Virtusa
Wipro

Please note: The report will take approximately 2 business days to prepare and deliver.