The Global Internet of Things (IoT) Managed Services Market is forecast to reach USD 228.08 Billion by 2026, according to a new report by Reports and Data.
New York, NY -- (SBWIRE) -- 01/25/2021 -- Reports and Data has added a new research study titled "Global Internet of Things (IoT) Managed Services Market Trends and Forecast to 2027" to its extensive database. The Internet of Things (IoT) Managed Services market report is a comprehensive research report that offers a detailed analysis of the Internet of Things (IoT) Managed Services market on the global and regional level. The report also presents a key analysis of the current and emerging market trends along with a thorough analysis of the key segments and sub-segments of the market. The report also covers the complete impact of the COVID-19 pandemic on the Internet of Things (IoT) Managed Services market and its key segments. The report also presents a current and future scenario of the market in a post-pandemic case. It also offers strategic recommendations to the key manufacturers of the industry to overcome the impact of the pandemic and to gain a strong foothold in the market.
The favorable circumstances in the Internet of Things (IoT) Managed Services Market lie with the increasing adoption of smart farming, and growing demand for Cloud-Based services management platforms. The rising development of smart cities and growing ICT spending across industries are boosting the market of such technology. The intelligent Managed Services technology market has various application areas such as Smart Retail, Connected Health, Smart Utilities, and Connected Logistics, which is helping in the market growth of this IoT Device Management. The flexibility & scalability in the service offerings of MSPs in IoT space, and complexities associated with IoT is acting as a market restraint.
Key participants Cisco Systems, Inc., Cognizant Technology Solutions Corporation, HCL Technologies Limited, Harman International Industries, Inc., Infosys Limited, Virtusa Corporation, Tieto Corporation, Tata Consultancy Services Limited, Tech Mahindra Limited, and Wipro Limited, among others.
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Deployment Type Outlook (Revenue, USD Billion; 2016-2026)
On-Premises
Cloud
End-Users Outlook (Revenue, USD Billion; 2016-2026)
IT and Telecom
Retail
Manufacturing
Transportation
Energy and Utilities
Construction
Applications Outlook (Revenue, USD Billion; 2016-2026)
Network Management
Device Management
Data Management
Security Management
Others
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Key questions addressed in the report are:
What is the estimated market size and share in the forecast period?
What are the key driving factors of the Global Internet of Things (IoT) Managed Services market?
What are the risks and challenges the companies will have to face in the forecast period?
What are the emerging trends, and how will they influence market growth?
What are the opportunities for expansion of the global Internet of Things (IoT) Managed Services market?
Which region is expected to dominate the market during the forecast period?
The report covers extensive analysis of the regions where the industry operates. According to the regional analysis, the market is segmented into key geographical areas such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The regions have been examined on the basis of the production and manufacturing capacities, consumption patterns, cost analysis, import/export, supply and demand ratio, current and emerging trends of each region, and the existence of key manufacturers in each region.
Based on the regional analysis, the market is segmented into:
North America
U.S.
Europe
UK
France
Asia Pacific
China
India
Japan
MEA
Latin America
Brazil
The report also studies the strategic alliances of the market, such as mergers and acquisitions, joint ventures, collaborations, product launches, and brand promotions, government and corporate deals, partnerships and agreements, and others. The report also strives to offer insightful information about the competition to offer a competitive edge to the readers and businesses to help them gain a strong footing in the market.
To know more about the report, visit @ https://www.reportsanddata.com/report-detail/internet-of-things-iot-managed-services-market
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