IoT managed services continues to seek extensive adoption across diverse industrial applications, such as energy & utility, retail, government, transport & logistics, healthcare, and manufacturing. Proliferation of IoT in recent years has meant that demand for IoT managed services will continue to spur in the near future. These insights have been gleaned from the report, titled "Global Market Study on IoT Managed Services: North America to Remain Largest Regional Market in Terms of Revenue," added to comprehensive repository of Market Research Reports Search Engine (MRRSE).
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Strategic partnerships are key focus area among IoT managed services market players for providing enhanced solutions and increase their market footprint. Tech Mahindra’s partnership with Telit for the development of complete IoT solutions, and IBM Corporation’s partnership with AT&T for provision of better services and solutions for data analytics and IoT to enterprises, are primary examples of such strategic activities.
IoT Managed Services Market: Report Summary
The report offers an eight-year forecast on the IoT managed services market for the period between 2018 and 2026. A detailed analysis on the IoT managed services market has been delivered in the report, along with insights on key aspects such as services and application of IoT managed services. This study on the IoT managed services market delivers an exhaustive assessment on key stakeholders contributing to the market growth, along with their strategies and important factors for success of their businesses.
The report has categorized the IoT managed services market into services, and industrial sectors across the regional segments assessed. Technological advancements made by key players are acting as significant growth determinants for the IoT managed services market. The report begins with an overview of the IoT managed services market, which includes analysis on key trends, opportunities, and challenges impacting the market growth. This further enables the clients in making fact-based future decisions for their businesses.
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IoT Managed Services Market: In-depth Assessment
Evaluations on present scenario as well as future growth prospects of the IoT managed services market have been rendered in the report. 2017 is considered as base year for evaluating the market size, and data for remaining 12 months have been estimated and offered accordingly. For offering accurate forecast on IoT managed services market, the current market has been sized first, which forms the base for forecast values associated with the market.
Outcome of various components & services have been triangulated, and analysis on these has been done on the basis of technology trends. The forecast has not only been conducted based on CAGR, but key parameters such as Y-o-Y growth have also been analyzed for understanding the market’s predictability, and identifying lucrative growth opportunities.
A detailed analysis on competition landscape of the IoT managed services market has also been offered in the concluding section of the report. The section includes a dashboard view of the market players profiled, based on their value chain, key differentiators, and presence in IoT managed services portfolio. Key competitors encompassed in the report include Google LLC, Honeywell International Inc., Microsoft Corporation, HCL Technologies Limited, IBM Corporation, and Accenture.
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