openPR Logo
Press release

IoT Managed Services Market Revenue to Grow at a CAGR of 20.3% During 2021–2026

12-06-2021 07:32 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
Iot Managed Services Market 2021-2026

Iot Managed Services Market 2021-2026

Iot Managed Services Market 2021-2026

New Study Reports ” Iot Managed Services Market 2021 Global Opportunities, Challenges, Strategies and Forecasts 2026″ has been Added on PersistenceMarketResearch.

Report Details:

This report provides in depth study of “Iot Managed Services Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Iot Managed Services Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Drivers and Constraints                               

The fundamental dynamics that are explored in the report hold substantial influence over the Iot Managed Services market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.

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.

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.

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.

Request for Free Sample Report of “Iot Managed Services” Market @ https://www.persistencemarketresearch.com/samples/19531           

 Key Players:

The report has profiled some of the Important players prevalent in the global like – Cognizant Technology Solutions Corporation, Tech Mahindra, Cisco Systems Inc., Oracle, IBM Corporation, HCL Technologies Limited, Microsoft Corporation, Honeywell International Inc., and Google LLC and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Iot Managed Services.

However, high cost of infrastructure & services, data security & privacy, and interoperability of connected devices are some of the major challenges that hamper the growth of the IoT managed services market.

To understand and assess the demand and opportunities in this market, the IoT managed services market report is categorically split into three major sections: by services type, by industry type, and by region.

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.

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.

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders
Iot Managed Services Market Manufacturers
Iot Managed Services Market Distributors/Traders/Wholesalers
Iot Managed Services Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

If you have any special requirements, please let us know and we will offer you the report as you want.

Complete Report Details@ https://www.persistencemarketresearch.com/market-research/iot-managed-services-market.asp 

Major Highlights of the Iot Managed Services Market Report:

The Iot Managed Services Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Iot Managed Services Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.

Click Here to Buy this Report@  https://www.persistencemarketresearch.com/checkout/19531                                                    

Continued…

Media Contact:

Persistence Market Research

305 Broadway,7th Floor New York City, NY 10007 United States

Call +1-646-568-7751

Call +1 800-961-0353

sales@persistencemarketresearch.com

About PersistenceMarketResearch:

PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release IoT Managed Services Market Revenue to Grow at a CAGR of 20.3% During 2021–2026 here

News-ID: 2486904 • Views: 192

More Releases from Persistence Market Research

The Bicycle Frame Market To Show An Inclination Towards Organic Growth
Bicycle Frame Market Forecast and CAGR According to the latest research, bicycle frame market is expected to grow steadily at a CAGR of 5%-7% between 2021 and 2031. Bicycle industry witnessed increased sales during the COVID-19 pandemic and is expected to continue to witness a high growth rate during the forecast period. People's increased adoption of sports and recreational activities, as well as a consistent preference for bicycling as a form of
Substantial Innovations To Drive The Automotive Sensor Cleaning System Market
The global automotive sensor cleaning system market is anticipated to expand at a CAGR of 10.5% over the forecast period of 2020-2030. Amidst a growing competitive environment in the automotive industry, car makers are focusing on reducing accidents caused due to impaired sensor perceptions. Automotive sensors dysfunction when dirt, rain drops, snow, or bird droppings shield their view. Liquid-based sensor cleaning systems or gas-based cleaning systems are used in such applications,
The Bicycle Brake Cable Market To Drift Towards Exponentiation
Bicycle Brake Cable Market: Introduction Bicycle brake cables are the essential component of the bicycles that are used in the braking system. Bicycle brake cables have polymer or plastic coating on its upper surface which protects it from the corrosion and dust. Bicycle brake cables require time to time oiling and greasing to ensure its long life span and safety. Flexibility is one of the key parameters while selecting a bicycle brake
Sequential Advancements In Technology To Drive The Torsional Vibration Dampers M …
Torsional Vibration Dampers Market: Introduction In any internal combustion engine crankshaft vibration is inherent because of the uneven forces that directly act on the crankshaft. The rotation of crankshaft produces vibration in the engine compartment which is dampened by torsional vibration dampers. These dampers are crankshaft pulleys comprised of rubber material which is placed between two metal parts. In modern engines, torsional vibrations are the primary source of noise and vibration, hence

All 5 Releases


More Releases for IoT

Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Telecom IoT
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these