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IoT managed services Market Future Growth Analysis on Cisco Systems Inc., Oracle, IBM Corporation, Accenture, HCL Technologies Limited, Microsoft Corporation, Honeywell International Inc., and Google LLC

05-24-2019 04:04 PM CET | IT, New Media & Software

Press release from: persistencemarketresearch.com

IoT managed services Market Future Growth Analysis on Cisco

The IoT managed services market is highly dependent upon the adoption of IoT among industries. The IoT managed services market is divided into five segments on the basis of services: security management services, network management services, infrastructure management services, device management services, and data management services. The factors driving the global IoT managed services market are the adoption of IoT across the industry, increase in the availability of managed cloud services, and increase in government investments in projects such as smart cities, among others.

The key players reported in this study on the global IoT managed services market are Cognizant Technology Solutions Corporation, Tech Mahindra, Cisco Systems Inc., Oracle, IBM Corporation, Accenture, HCL Technologies Limited, Microsoft Corporation, Honeywell International Inc., and Google LLC, among others.

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The global IoT managed services market is expected to grow from US$ 21,483.5 Mn in 2018 to US$ 94,388.0 Mn by 2026, at a CAGR of 20.3% in terms of revenue during the forecast period (2018-2026). In this report, the global IoT managed services market is tracked in terms of value, and is calibrated to obtain the market revenue estimates of IoT managed services.

The section IoT managed services market analysis by region includes an in-depth country-level analysis of all global regions, namely North America, Latin America, Europe, SEA & Others in Asia Pacific, Japan, China, and MEA, by services type, by industry type, & by country, and provides market data in terms of value for 2018-2026. In 2017, the market in North America dominated the overall global IoT managed services market, while the fastest-growing region in the IoT managed services market is SEA & Other APAC (given Asia Pacific is considered separately as three regions, i.e. China, Japan, SEA, and Others of APAC). North America is also expected to hold a majority of the market share of the IoT managed services market in 2026.

On the basis of services, the IoT managed services market is segmented into security management services, network management services, infrastructure management services, device management services, and data management services. The IoT network managed services segment is expected to dominate the market throughout the forecast period and enjoy a market share of 27.1% and 29.5% in 2018 and 2026 respectively.

On the basis of industry type, the IoT managed services market is segmented into manufacturing, automotive, healthcare, retail, IT & telecom, and others. The manufacturing segment of the IoT managed services market is expected to dominate the market for the longest duration in the forecast period owing to the high CAGR associated with it. The manufacturing IoT managed services segment is expected to grow from US$ 958.6 Mn in 2018 to US$ 22,996.5 in 2026.

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IoT is a 24*7 network of interconnected objects that are able to collect and exchange data using embedded sensors and mobile devices, among others. A connected device can become “smart” by combining sensors, networks, applications, etc., which come together to create added intelligence. The applications of IoT can be found in several industries today, such as manufacturing, healthcare, transport & logistics, government, retail, and energy & utility, among others. Managed service is the practice of outsourcing a dedicated team to handle defined responsibilities to cut down the cost and manage operations effectively.

Table of Contents

1. Executive Summary

1.1. Market Overview
1.2. Market Analysis
1.3. Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy
2.2. Market Definition

3. Market Background

3.1. Macro-Economic Factors
3.2. Forecast Factors – Relevance & Impact
3.3. Value Chain
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunity Analysis

4. Market Forecast

4.1. Market Size Projections
4.1.1. Y-o-Y Projections
4.1.2. Absolute $ Opportunity Analysis

5. Global IoT Managed Services Market Analysis By Services

5.1. Introduction
5.1.1. Market Value Share Analysis By Services
5.1.2. Y-o-Y Growth Analysis By Services
5.2. Historical Market Size Analysis By Services 2013–2017
5.3. Market Size Forecast By Services 2018–2026
5.3.1. Security Management Services
5.3.2. Network Management Services
5.3.3. Infrastructure Management Services
5.3.4. Device Management Services
5.3.5. Data Management Services
5.4. Market Attractiveness Analysis By Services

6. Global IoT Managed Services Market Analysis By Industry

6.1. Introduction
6.1.1. Market Value Share Analysis By Industry
6.1.2. Y-o-Y Growth Analysis By Industry
6.2. Historical Market Size Analysis By Industry 2013–2017
6.3. Market Size Forecast By Industry 2018–2026
6.3.1. Manufacturing
6.3.2. Automotive
6.3.3. Healthcare
6.3.4. Retail
6.3.5. IT & Telecom
6.3.6. Others
6.4. Market Attractiveness Analysis By Industry

7. Global IoT Managed Services Market Analysis By Region

7.1. Introduction
7.1.1. Market Value Share Analysis By Region
7.1.2. Y-o-Y Growth Analysis By Region
7.2. Historical Market Size Analysis By Region 2013-2017
7.3. Market Size Forecast By Region 2018–2026
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. China
7.3.5. Japan
7.3.6. SEA and Other APAC
7.3.7. MEA
7.4. Market Attractiveness Analysis By Region

8. North America IoT Managed Services Market Analysis

8.1. Introduction
8.2. Historical Market Size Analysis By Market Segments, 2013–2017
8.3. Market Size Forecast By Market Segments, 2018-2026
8.3.1. By Country
8.3.1.1. U.S.
8.3.1.2. Canada
8.3.2. By Services
8.3.3. By Industry
8.4. Market Attractiveness Analysis
8.4.1. By Country
8.4.2. By Services
8.4.3. By Industry
8.5. Market Trends
8.6. Key Market Participants – Intensity Mapping
8.7. Drivers and Restraints – Impact Analysis

9. Latin America IoT Managed Services Market Analysis

9.1. Introduction
9.2. Historical Market Size Analysis By Market Segments, 2013–2017
9.3. Market Size Forecast By Market Segments, 2018–2026
9.3.1. By Country
9.3.1.1. Brazil
9.3.1.2. Mexico
9.3.1.3. Rest of Latin America
9.3.2. By Services
9.3.3. By Industry
9.4. Market Attractiveness Analysis
9.4.1. By Country
9.4.2. By Services
9.4.3. By Industry
9.5. Market Trends
9.6. Key Market Participants – Intensity Mapping
9.7. Drivers and Restraints – Impact Analysis

10. Europe IoT Managed Services Market Analysis

10.1. Introduction
10.2. Historical Market Size Analysis By Market Segments, 2013–2017
10.3. Market Size Forecast By Market Segments, 2018–2026
10.3.1. By Country
10.3.1.1. Germany
10.3.1.2. Italy
10.3.1.3. France
10.3.1.4. U.K.
10.3.1.5. Spain
10.3.1.6. Russia
10.3.1.7. Rest of Europe
10.3.2. By Services
10.3.3. By Industry
10.4. Market Attractiveness Analysis
10.4.1. By Country
10.4.2. By Services
10.4.3. By Industry
10.5. Market Trends
10.6. Key Market Participants – Intensity Mapping
10.7. Drivers and Restraints – Impact Analysis

11. China IoT Managed Services Market Analysis

11.1. Introduction
11.2. Historical Market Size Analysis By Market Segments, 2013–2017
11.3. Market Size Forecast By Market Segments, 2018-2026
11.3.1. By Services
11.3.2. By Industry
11.4. Market Attractiveness Analysis
11.4.1. By Services
11.4.2. By Industry
11.5. Market Trends
11.6. Key Market Participants – Intensity Mapping
11.7. Drivers and Restraints – Impact Analysis

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