PUBLISHER: Value Market Research | PRODUCT CODE: 1352930
PUBLISHER: Value Market Research | PRODUCT CODE: 1352930
The global demand for IoT Professional Services Market is presumed to reach the market size of nearly USD 46.54 BN by 2030 from USD 21.06 BN in 2022 with a CAGR of 9.21% under the study period 2023 - 2030.
IoT professional service is highly sought after by some businesses targeted at big-scale digital transformation for business functioning. The system makes numerous tasks possible such as managing the internet, assuring unbroken communications, managing device vulnerability, managing data security threats, etc. The IoT professional service also allows cost savings, productivity and efficiency, mobility and agility, business opportunities, and cutting-edge customer care. Further, it can aid in customer behaviour analysis and expand income and career options.
The global IoT professional services market has expanded due to the rising need for experts in IoT professional services specially in the industrial and transportation sectors. Additional factors leading to market growth include companies' growing use of digital transformation services and the increased need to reduce operational and capital costs. However, The market's expansion is being hampered by adopting the IoT professional service market from existing IT infrastructure to new infrastructure and less qualified professionals. These factors prevent the market from expanding further. Nonetheless, IoT devices offer the ability to carry out various tasks in real-time. Thus, the device's adoption is increasing globally, and data analysis insights enable practical actions to advance the enterprise.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of iot professional services. The growth and trends of iot professional services industry provide a holistic approach to this study.
This section of the iot professional services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the IoT Professional Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the iot professional services market include Accenture (Ireland), Atos SE (France), IBM (US), Cognizant (US), DXC (US), Deloitte (UK), Capgemini (France), TCS (India), NTT DATA Corporation (Japan), Infosys (India), AT&T (US), Wipro (India), Happiest Minds (India), Mindtree (India), General Electric (US), Honeywell International Inc. (US), Oracle (US), HCL (India), Virtusa (US), Vodafone (UK), Tech Mahindra (India), EY Global (UK), Prodapt Solutions (India), Unisys (US), Siemens Advanta Consulting (Germany), and ORBCOMM (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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