What is IoT Professional Service Market Scope?
The global IoT professional service market is expected to witness the rise due to the growing demand for real-time insights, productivity, and efficiency in an organization and the need for asset monitoring and utility maintenance in various industries. The IoT professional service includes a portfolio of services and capabilities to take the complexity out of IoT, offer the right consultancy for the business and help bring the suitable IoT mix product. Data-driven customer insights and real-time information is the most important customer service and experience.
Influencing Trend:
The Advent of Wireless access to IoT Professional Service and The Introduction of IoT Professional Service in Vehicles
Market Growth Drivers:
The need for Improved Asset Monitoring and Maintenance Across Industrial Utilities and Demand for Increased Efficiency, Productivity, and Real-Time Insights
Challenges:
Adherence to Stringent Regulatory Guidelines
Restraints:
Lack of Awareness about IoT Professional Service in Remote Areas and Less Number of Skilled Professionals
Opportunities:
The Emerging use of IoT Professional Service in Blockchain Industry and Growing Application of IoT Professional Service in Almost all the Industry
The IoT Professional Service market study is being classified by Type (IoT Consulting, Deployment Services, System Designing & Integration, Managed Services, IoT Integrated Solutions and Others), by Application and major geographies with country level break-up.
AT&T Intellectual Property (United States), Accenture plc (Ireland), IBM (United States), NTT Data Corporation (Japan), Capgemini SE (France), Cognizant (United States), Vodafone Limited (United Kindom), Infosys Limited (India), Genpact (United States), DXC Technology Company (Luxoft) (Switzerland), Atos (France) and Wipro (India) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global IoT Professional Service market by Type, Application and Region.
On the basis of geography, the market of IoT Professional Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 27th November 2019, Accenture and Snam announced that they have signed the memorandum of understanding to study and assess solutions based on Internet of Things (IoT) technologies to boost the innovation and sustainability of energy networks as a part of the global strategic push towards an energy transition. The collaboration is part of a broad initiative by Snam — dubbed "SnamTec, Tomorrow’s Energy Company" — that calls for investments of over €1.4 billion in innovation and energy transition by 2023 involving everything from the application of new technologies to increase the networks’ sustainability to a commitment to green sectors such as sustainable mobility, renewable gas, hydrogen, and energy efficiency.
Key Target Audience
IoT Professional Service Providers, IoT Professional Service Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
IoT Professional Service Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in IoT Professional Service Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in IoT Professional Service industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.