Global IoT Engineering Services Market Growth (Status and Outlook) 2023-2029

Global IoT Engineering Services Market Growth (Status and Outlook) 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global IoT Engineering 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 IoT Engineering Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT Engineering Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT Engineering 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 IoT Engineering Services.

The global IoT Engineering Services market size is projected to grow from US$ 11830 million in 2022 to US$ 43750 million in 2029; it is expected to grow at a CAGR of 20.5% from 2023 to 2029.

Industrial manufacturing vertical is expected to have the largest market share during the forecast period.

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

Market Segmentation:

Segmentation by type
Product Engineering
Cloud & Platform Engineering
UI/UX Design
Analytics

Segmentation by application
Medical
Transportation And Logistics
IT, Communication
Industrial Production
Energy, Utilities
Other

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.
ARICENT
WIPRO
CAPGEMINI
IBM
TCS
HAPPIEST MINDS
INFOSYS
COGNIZANT
EINFOCHIPS
RAPIDVALUE
TECH MAHINDRA
PRODAPT SOLUTIONS

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