Internet of Things (IoT) integration Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast to 2027
The global Internet of Things (IoT) integration market is projected to be valued at USD 8.21 Billion by 2027, according to a current analysis by Emergen Research. The global market for Internet of Things (IoT) integration is expected to expand significantly during the forecasted period, due to growing adoption of the ‘Bring Your Own Device trend’ in the modern business model. Rise in legal enforcement and regulations is anticipated to propel the market further during the forecast period.
IoT Integration Market released the research study that offers a meticulously studied overview of the factors and drivers of the global market. IoT Integration Market research report depicts the latest market scenario with updated trends and segmentation of the products and services. The study provides crucial information on the market situation, size, share, growth factors of the IoT Integration Market. The study provides salient information about the pricing models of the products offered by these companies. Moreover, it determines the gross profits and losses experienced by them throughout their market tenures.
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.In May 2020, Callisto Integration Corporation was acquired by Accenture plc. Callisto Integration Corporation, a consultancy and technology services company headquartered in Canada, offers automated production services to major players operating in food & beverage, chemical, utilities, and other sectors. Accenture would deliver a rare mix of production, infrastructure, and analytics capabilities with this acquisition
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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. 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 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.
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.
Emergen Research latest document, titled ‘Global IoT Integration Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global IoT Integration market. The report’s authors have offered necessary details on the latest IoT Integration market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the IoT Integration industry entails useful insights into the estimated IoT Integration market size, revenue share, and sales & distribution networks.
Service Outlook (Revenue, USD Billion; 2017–2027)
Application Management Services
Database Management Services
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Application Outlook (Revenue, USD Billion; 2017–2027)
Energy & Utilities
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)
The report considers the following timeline for market estimations:
Historical Years: 2017 – 2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020 – 2027
Key Highlights from the Report:
- Analysis of market dynamics including market trends, drivers, restraints, growth prospects and opportunities, threats, limitations, and demands
- A comprehensive SWOT analysis and Porter’s Five Forces analysis to impart a better understanding of the competitive landscape
- Assessment of the key developments and advancements in the market
- In-depth analysis of the historical data (2018-2019) and accurate forecast estimations for the period 2021-2028
- Strategic recommendations to key players and new entrants
- Pictorial representation of the key statistical data with representation in charts, diagrams, figures, and tables
Read More: https://www.emergenresearch.com/industry-report/iot-integration-market
The latest market intelligence report, titled ‘Global IoT Integration Market’, is intended to provide the target audience with the necessary information about the global IoT Integration industry. The report comprises a detailed analysis of the vital elements of the IoT Integration market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the IoT Integration market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Reports and Data, is a detail-oriented compilation of the crucial aspects of the IoT Integration market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the IoT Integration market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the IoT Integration market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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