IoT Telecom Services Market 2018 – 2023: Global Key Players: Verizon Communications, Ericsson, Huawei Technologies, Sprint, Deutsche Telekom AG, Vodafone, Aeris and T-Mobile

Market Synopsis

The global IoT telecom services market was valued at USD 3.45 billion in 2017 and is expected to reach USD 22.57 billion by the end of forecast period with a CAGR of 36.96%.

Increasing application of IoT telecom services in various industries due to need for enhanced connectivity will drive the demand during the forecast period. Emerging applications such as smart buildings, industrial automation, and vehicle telematics will further boost the growth of IoT telecom services during the forecast period. Moreover, low-power, wide-area (LPWAN) technologies are expected to replace short-range wireless and mobile WAN technologies including Bluetooth, Wi-Fi and Near Field Communication (NFC) which are used for short range. Some of the existing short range technologies are not compatible with IoT applications owing to reasons such as power consumptions levels, high costs and complex infrastructure. This is creating opportunities for LPWA technologies. Growing adoption of telco cloud is also expected to boost the demand for IoT telecom services market globally. However, factors such as lack of regulations for spectrum allocation and billing problems between OTT players and telecom operators can hamper the growth of IoT telecom services market.

Among the service type segments, M2M billing segment is the largest revenue generating segment and is expected to continue its dominance throughout the forecast period. M2M billing management services are used for tracking the usage of IoT services subscribed by M2M connected devices users. Among application segment, industrial automation is expected to grow at a significant CAGR during the forecast period.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/7235

Key players

The key players in the IoT telecom services market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – AT&T, Inc. (US), Verizon Communications, Inc. (US), Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), Sprint Corporation (US), Deutsche Telekom AG (Germany), Vodafone (UK), Aeris (France), and T-Mobile (US). These players contribute a major share in the growth of IoT telecom services market.

Apart from the top key players, there are other players that contribute to the market growth. These include China Mobile (China), China Telecom (China), Telia (Sweden) and Swisscom AG (Switzerland), and others.

Segmentation

By component, the market is segmented into connectivity technology, network management solution and services. By connectivity technology, the market is segmented into cellular technologies, Low-power Wide Area Network (LPWAN), narrowband-IoT (NB-IOT), radio frequency-based, others. By network management solution, the market is bifurcated into network performance monitoring and network optimization, network traffic management, network security management, and others. By services type, the market is segmented into Business Consulting Services, Device and Application Management Services, Installation and Integration Services, IoT Billing and Subscription Management, and M2M Billing Services. By application, the market is bifurcated into smart buildings, capillary network management, industrial automation, vehicle telematics, transportation and traffic management, energy and utilities, smart healthcare, and others.

Access Report Details @ https://www.marketresearchfuture.com/reports/iot-telecom-services-market-7235

Brief TOC of IoT Telecom Services Market

1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of IoT Telecom Services
5 Market Landscape
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
Continue…

List of tables

Table 1 IoT Telecom Services Market, By Region, 2018–2023
Table 2 North America: IoT Telecom Services Market, By Country, 2018–2023
Table 3 Europe: IoT Telecom Services Market, By Country, 2018–2023
Table 4 Asia-Pacific: IoT Telecom Services Market, By Country, 2018–2023
Table 5 Middle East & Africa: IoT Telecom Services Market, By Country, 2018–2023
Table 6 Latin America: IoT Telecom Services Market, By Country, 2018–2023
Table 7 Global IoT Telecom Services Component Market, By Region, 2018–2023
Table 8 North America: IoT Telecom Services Component Market, By Country, 2018–2023
Table 9 Europe: IoT Telecom Services Component Market, By Country, 2018–2023
Table 10 Asia-Pacific: IoT Telecom Services Component Market, By Country, 2018–2023
Continue…

List Of Figures

Figure 1 Global IoT Telecom Services Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis Of Global IoT Telecom Services Market
Figure 4 Value Chain Of Global IoT Telecom Services Market
Figure 5 Share Of Global IoT Telecom Services Market In 2017, By Country (In %)
Figure 6 Global IoT Telecom Services Market, 2018–2023
Continue….

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.