Internet of Things (IoT) integration Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast to 2027
iCrowdNewswire
Oct 27, 2021
The Global IoT Integration Market size is anticipated to reach USD 1.29 Billion in 2019, registering a CAGR of 27.4%, throughout the forecast period. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
The Asia Pacific market is projected to witness growth at the most rapid pace, due to presence of major market players such as Tata Consultancy Services Limited, Infosys Limited, Tech Mahindra Limited, Wipro Limited, and HCL Technologies Limited in the region during the forecast period.In May 2020, Callisto Integration Corporation was acquired by Accenture plc The market research report on global IoT Integration market, curated through standard and customized research approaches has been published by Emergen Research. The report offers a holistic market overview, and strategic recommendations.
The current COVID-19 pandemic is expected to have an effect on the growth of the IoT Integration industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the IoT Integration sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall IoT Integration industry.
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Internet of Things (IoT) integration Market Size – USD 1.29 Billion in 2019, Market Growth – at a CAGR of 27.4%, Market Trends – Rise in legal enforcement and regulations Insertion and analysis of Big Data analytics help small and medium businesses connect with customers efficiently, improving their efficiency, lowering running costs, testing decisions, and identifying trends.
The small & medium enterprises segment is the largest segment of the market, likely to expand at a CAGR of 27.6% during the forecast period. It is essential that Internet of Things (IoT) is embedded into structures for expansion of small and medium enterprises and data is a key part of it. Rising need for real-time big data analysis and growing adoption of the ‘Bring Your Own Device’ trend is driving the Internet of Things (IoT) integration market.
Key participants include Tata Consultancy Services Limited, Infosys Limited, Tech Mahindra Limited, International Business Machines Corporation (IBM), Deloitte Touche Tohmatsu Limited, Wipro Limited, Accenture plc, Capgemini SE, Cognizant Corporation, and HCL Technologies Limited.
Service Outlook (Revenue, USD Billion; 2017–2027)
Testing Services
Advisory Services
Application Management Services
Database Management Services
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Regional Analysis of the IoT Integration Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Application Outlook (Revenue, USD Billion; 2017–2027)
Smart Retail
Energy & Utilities
Smart Healthcare
Key Objectives of the Report:
players and new entrants to capitalize on the emerging growth opportunities Analysis and estimation of the IoT Integration market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global IoT Integration market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established
The report considers the following timeline for market estimations:
Historical Years: 2017 – 2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020 – 2027
Read More: https://www.emergenresearch.com/industry-report/iot-integration-market
Key points discussed in the report for Global IoT Integration Market:
Chapter 1: Introduction, market driving force product, Objectives of the Study, and Research Scope of the IoT Integration market
Chapter 2: Exclusive Summary –vital information of the IoT Integration Market.
Chapter 3: Market Dynamics- Drivers, Trends, and Challenges of the IoT Integration Market
Chapter 4: IoT Integration Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Market segmentation by Type, End-User and Region 2016-2018
Chapter 6: Analysis of the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 7 & 8: Appendix, Methodology and Data Source…Continued
Finally, IoT Integration Market is a valuable source of guidance for individuals and companies.
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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Emergen Research | Web: www.emergenresearch.com
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Contact Information:
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Facebook | LinkdIn | Twitter | Blogs