The global IoT Professional Service market size was valued at USD 25 Billion in 2021 growing at the CAGR of 20% from 2022 to 2032. The artificial intelligence technology used in smart manufacturing, smart transportation and logistics, and other industries is essential for IoT solutions. IoT professional services can help simplify the complexity of IoT, define the right strategy for business, and bring together the right mix of products, partners, and services. With so many parts of the business involved in IoT, it can be difficult to manage everything. That’s where professional services come in, to help get the most out of the IoT investment.
- Increasing demand for IoT professional services in the transportation and industrial sectors
The IoT professional service market is expected to grow significantly in the next few years, driven primarily by increasing demand from the transportation and industrial sectors. The transportation sector is increasingly adopting IoT solutions to improve safety and efficiency, while the industrial sector is using IoT to improve productivity and reduce costs.
- Development of wireless technology and increasing internet availability
Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=newsmantraa&reportCode=016677
Key Highlights:
- The global IoT Professional Service market size was valued at USD 25 Billion in 2021 growing at the CAGR of 20% from 2022 to 2032.
- North America dominated the market in 2021
- Asia Pacific is expected to grow at a highest CAGR from 2022 to 2032
Key Players
The IoT Professional Service market report gives comprehensive information about the company and its past performance. The report also provide a detail market share analysis along with product benchmarking with key developments.
The key players profiled in the report are:
- Accenture
- Cognizant
- Deloitte
- DXC Technology
- Tata Consultancy Services
- Capgemini
- Wipro Limited
- Infosys
- Oracle Corporation
- HCL Technologies
The Global IoT Professional Service Logistic report also includes information on company profiles, product descriptions, revenue, market share data, and contact details for several regional, global, and local companies. Due to increased technological innovation, R&D, and M&A operations in the sector, the market is becoming more popular in particular niche sectors. Additionally, a large number of regional and local vendors in the IoT Professional Service market provide specialised product offerings according to geographical regions in keeping with the global manufacturing footprint. Due to the reliability, quality, and technological modernity of the worldwide suppliers, it is difficult for the new market entrants to compete.
COVID Impact
In terms of COVID 19 impact, the IoT Professional Service market report also includes the following data points:
- COVID19 Impact on IoT Professional Service market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in the IoT Professional Service market
Get a Free Sample Copy of This Report @ https://report.evolvebi.com/index.php/sample/request?referer=newsmantraa&reportCode=016677
Scope of the Report:
Market Segment By Service Type:
- IoT Consulting Service
- IoT Infrastructure Service
- System Designing and Integration Service
- Support and Maintenance Service
- Education and Training Service
Market Segment By Enterprise Size:
- SMEs
- Large Enterprises
Market Segment By Application:
- Smart Healthcare
- Smart Buildings
- Smart Retail
- Smart Manufacturing
- Smart Energy
- Smart Transport and Logistics
For more information: https://report.evolvebi.com/index.php/sample/request?referer=newsmantraa&reportCode=016677
Key Region/ Countries Covered
- North America (US, Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of MEA)
- Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
North America is expected to have the upper hand in the IoT professional services market during the forecast period. This is because North America is considered the most advanced region in terms of the development and adoption of innovative technologies, particularly in the field of smart technologies. The region has a significant potential for revenue generation in the IoT professional services market since native enterprises are widely adopting IoT-based systems for their everyday business operations. Professional services are adopted to get maximum returns on their IoT investments.
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and oppotunities
- Competitive Intelligence providing the understanding about the ecosystem
- Details analysis of Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
Contact Us:
Evolve Business Intelligence
India
Contact: +1 773 644 5507 (US) / +441163182335 (UK)
Email: sales@evolvebi.com
Website: www.evolvebi.com
