Global IoT Engineering Services Market was valued US$ 8.5 Bn in 2017, and expected to reach US$ 41.4 Bn by 2026, at CAGR of 21.88% during forecast period.
Growing demand for IoT engineering services for various activities like security, maintenance, analytics, product engineering, as well as rising focus on operational efficiency enhancement and risk moderation across critical sectors like, manufacturing, energy & utilities, government and healthcare are expected to positively influence the global IoT engineering services market during forecast period.
In terms of service type, product engineering services offer business values like, reduction in product development expenditure and cycle times, standardization of design processes, developed product performance, reduced rework cycles, and advancements in the existing IoT infrastructure. Growing demand for moving customer experience places emphasis on cutting-edge product engineering services, thereby leading to the growth of the market.
REQUEST FOR FREE SAMPLE REPORT: https://www.maximizemarketresearch.com/request-sample/4643
SMEs have realized that immediate response, quick business decisions, and customer satisfaction are the key features to expand the business, generate more revenues, and ensure the desired outcome. So that, SMEs are coming up with tailored needs to manage heterogeneous devices and online transaction processing, using reliable device management solutions. It is also believed that the SMEs are facing strong challenges to monitor and manage their heterogeneous devices and systems. As a result, they are adopting reliable IoT engineering services to monitor and manage the business operations and functions.
Based on vertical, healthcare vertical is expected to grow at highest CAGR during the forecast period. Connected devices enable healthcare organizations to streamline operations, business processes, and aid in real-time patient care, even from remote locations.
In terms of region, Asia Pacific is expected to hold the largest market share and expected to grow at the fastest CAGR during the forecast period. IoT service providers are looking at expanding the base of their services to most of the countries in the region, because of the improving infrastructure and other business strategic moves.
Some of the key players in the IoT engineering services market are Wipro, Aricent, IBM, Capgemini, TCS, Happiest Minds, Infosys, eInfochips, Cognizant, Tech Mahindra, and RapidValue among others.
DO INQUIRY BEFORE PURCHASING REPORT HERE: https://www.maximizemarketresearch.com/inquiry-before-buying/4643
Scope of Global IoT Engineering Services Market:
Global IoT Engineering Services Market by Service Type:
• Cloud Engineering
• Maintenance Services
• Product Engineering
• Experience Engineering
• Security Engineering
• Maintenance Services
• Others
Global IoT Engineering Services Market by End User:
• Small & Medium Enterprises
• Large Enterprises
Global IoT Engineering Services Market by Vertical:
• Healthcare
• IT & Telecom
• Automotive
• Energy & Utilities
• Aerospace & Defense
• Industrial Manufacturing
• Transportation & Logistics
• Others
Global IoT Engineering Services Market by Geography:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa
Key players operated in market include:
• Wipro
• Aricent
• IBM
• Capgemini
• TCS
• Happiest Minds
• Infosys
• eInfochips
• Cognizant
• Tech Mahindra
• RapidValue
• Altran Technologies
• SA
• Prodapt Solutions Private Limited
MAJOR TOC OF THE REPORT
Chapter One: IoT Engineering Services Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global IoT Engineering Services Market Competition, by Players
Chapter Four: Global IoT Engineering Services Market Size by Regions
Chapter Five: North America IoT Engineering Services Revenue by Countries
Chapter Six: Europe IoT Engineering Services Revenue by Countries
Chapter Seven: Asia-Pacific IoT Engineering Services Revenue by Countries
Chapter Eight: South America IoT Engineering Services Revenue by Countries
Chapter Nine: Middle East and Africa Revenue IoT Engineering Services by Countries
Chapter Ten: Global IoT Engineering Services Market Segment by Type
Chapter Eleven: Global IoT Engineering Services Market Segment by Application
Chapter Twelve: Global IoT Engineering Services Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of IoT Engineering Services Market Report at: https://www.maximizemarketresearch.com/market-report/global-iot-engineering-services-market/4643/
About Us:
Maximize Market Research provides B2B and B2C market research on 20,000 high growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: sales@maximizemarketresearch.com
Contact: +919607065656/ +919607195908
Website: www.maximizemarketresearch.com