IoT Professional Services Market - Growth, Trends, COVID-19 Impact, and Forecast (2022 - 2027)
The IoT professional services market was estimated at USD 113.82 billion in 2021, and it is projected to reach USD 321.11 billion by 2027, registering a CAGR of 19.51% during the forecast period (2022-2027).
Key HighlightsThe competitive rivalry in the IoT professional services market remains high due to some key players, such as Vodafone, At&T, and GE. Their ability to innovate offerings through extensive research and development activities has given them a competitive advantage. Through strategic partnerships and mergers and acquisitions, the players in the market have gained a more substantial footprint.
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