IoT Managed Services Market | Growth Popularity And Emerging Trends In The Industry
5 mins read

IoT Managed Services Market | Growth Popularity And Emerging Trends In The Industry

Growing number of smart cities will escalate the IoT Managed Services Market at a CAGR of 18.5%

Latest market study on “IoT Managed Services Market to 2027 by Services (Device Management Services, Data Management Services, Network Management Services, and Security Management Services); by End-Use (Government, Manufacturing, Transportation & Logistics, Energy & Utilities, Smart Building & Home, IT & Telecom, Healthcare, BFSI, and Retail) – Global Analysis and Forecast”, the IoT managed services market is estimated to reach US$ 135.0 billion by 2027 from US$ 30.2 billion in 2018. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

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The IoT managed services market has recently witnessed a significant adoption in diverse verticals ranging from government and manufacturing to healthcare and retail. The growth in adoption of IoT managed services is attributed to several factors such as rapid urbanization, trending smart homes, increasing penetration of smartphones, continuous advancements in cloud technology, rapid roll-out of 4G/5G networks, increasing cyber-attacks, and others.

There has been constant advancements in IoT managed services. Infosys entered into a partnership with Siemens PLM Software to create applications and services for MindSphere, which is an open cloud-based IoT operating system from Siemens. The partnership of Siemens and Infosys would enable the customers to enhance the competitiveness by managing the data produced by their devices. Initially the focus of partnership would be on the customers of energy, manufacturing, utilities, healthcare, transportation and logistics industries.

Some of the key companies operating in IoT managed services market across the globe include Cisco Systems Inc., Cognizant, Google Inc., Harman International, HCL Technologies Limited, IBM Corporation, Infosys Limited, Microsoft, Tata Consultancy Services Limited, and Wipro Limited among various other leading market players. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.

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The report segments the global IoT managed services market as follows:

Global IoT Managed Services Market – By Service
Device Management Services
Data Management Services
Network Management Services
Security Management Services

Global IoT Managed Services Market – By End-Use
Government
Manufacturing
Transportation & Logistics
Energy & Utilities
Smart Building & Home
IT & Telecom
Healthcare
BFSI
Retail

Global IoT Managed Services Market – By Geography
North America, U.S., Canada, Mexico, Europe, France, Germany, Italy, Spain , UK, Russia, Rest of Europe, Asia Pacific (APAC), China, India, Japan, South Korea, Rest of APAC, Middle East and Africa (MEA), South Africa, Middle East, Rest of MEA, South America (SAM), Brazil, Argentina, Rest of SAM

 

TABLE OF CONTENTS

1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE

2. KEY TAKEAWAYS

3. IOT MANAGED SERVICES MARKET LANDSCAPE
3.1 MARKET OVERVIEW
3.2 MARKET SEGMENTATION
3.2.1 Global IoT Managed Services Market – By Services
3.2.2 Global IoT Managed Services Market – By End-Use
3.2.3 Global IoT Managed Services Market – By Geography
3.3 PEST ANALYSIS
3.3.1 North America – PEST Analysis
3.3.2 Europe – PEST Analysis
3.3.3 Asia Pacific – PEST Analysis
3.3.4 Middle East and Africa – PEST Analysis
3.3.5 South America – PEST Analysis

4. IOT MANAGED SERVICES MARKET – KEY INDUSTRY DYNAMICS
4.1 KEY MARKET DRIVERS
4.1.1 Increasing adoption of IoT across the industries
4.1.2 Continuous Advancements in Cloud Technology
4.1.3 Increasing Demand from Manufacturing Sector
4.2 KEY MARKET RESTRAINTS
4.2.1 Vulnerable IoT interfaces
4.2.2 Exposure of confidential information – Privacy Concerns
4.3 KEY MARKET OPPORTUNITIES
4.3.1 Analytical and big data features
4.3.2 Integration of Managed Security Services with Other Technologies
4.4 FUTURE TRENDS
4.4.1 Managed service providers shifting towards Everything-as-a-Service (XaaS)
4.4.2 Emergence of multi-cloud for IoT
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

5. IOT MANAGED SERVICES – GLOBAL MARKET ANALYSIS
5.1 GLOBAL IOT MANAGED SERVICES MARKET OVERVIEW
5.2 GLOBAL IOT MANAGED SERVICES MARKET FORECAST AND ANALYSIS

6. IOT MANAGED SERVICES MARKET REVENUE AND FORECASTS TO 2027 – SERVICES
6.1 OVERVIEW
6.2 GLOBAL IOT MANAGED SERVICES MARKET BREAKDOWN, BY SERVICES, 2018 & 2027
6.3 DEVICE MANAGEMENT SERVICES MARKET
6.3.1 Overview
6.3.2 Device Management Services Market Forecasts and Analysis
6.4 DATA MANAGEMENT SERVICES MARKET
6.4.1 Overview
6.4.2 Data Management Services Market Forecasts and Analysis
6.5 NETWORK MANAGEMENT SERVICES MARKET
6.5.1 Overview
6.5.2 Network Management Services Market Forecasts and Analysis
6.6 SECURITY MANAGEMENT SERVICES MARKET
6.6.1 Overview
6.6.2 Security Management Services Market Forecasts and Analysis

7. IOT MANAGED SERVICES MARKET REVENUE AND FORECASTS TO 2027 – END-USE
7.1 OVERVIEW
7.2 GLOBAL IOT MANAGED SERVICES MARKET BREAKDOWN, BY END-USE, 2018 & 2027
7.3 GOVERNMENT MARKET
7.3.1 Overview
7.3.2 Government Market Forecasts and Analysis
7.4 MANUFACTURING MARKET
7.4.1 Overview
7.4.2 Manufacturing Market Forecasts and Analysis
7.5 TRANSPORTATION & LOGISTICS MARKET
7.5.1 Overview
7.5.2 Transportation & Logistics Market Forecasts and Analysis
7.6 ENERGY & UTILITY MARKET
7.6.1 Overview
7.6.2 Energy & Utility Market Forecasts and Analysis
7.7 SMART BUILDING & HOME MARKET
7.7.1 Overview
7.7.2 Smart Building & Home Market Forecasts and Analysis
7.8 IT & TELECOM MARKET
7.8.1 Overview
7.8.2 IT & Telecom Market Forecasts and Analysis
7.9 HEALTHCARE MARKET
7.9.1 Overview
7.9.2 Healthcare Market Forecasts and Analysis
7.10 BFSI MARKET
7.10.1 OVERVIEW
7.10.2 BFSI MARKET FORECASTS AND ANALYSIS
7.11 RETAIL MARKET
7.11.1 OVERVIEW
7.11.2 RETAIL MARKET FORECASTS AND ANALYSIS

To Be Continued…

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