IoT Integration Market Insights by Emerging Trends, Growth Forecast With Revenue Analysis – Global Forecast to 2025

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The IoT integration market size is projected to grow from USD 1.5 billion in 2020 to USD 5.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.5% during the forecast period. The major factors driving the growth of the IoT integration market include the proliferation of connected devices to encourage BYOD and remote workplace management, development of wireless technologies, need to increase operational efficiency, maturing partner agreements of IoT vendors, and the emergence of Internet Protocol version 6 (IPv6).

The IoT integration market service segment is further segmented into device and platform management services, application management services, advisory services, system design and architecture, testing services, service provisioning and directory management, third party API management services, database and block storage management services, network management services, infrastructure and workload management services. Device management services offer IoT vendors a competitive market edge and help them rapidly launch new devices and allied services. These services assist to cost-effectively manage these devices by providing remote monitoring and support facilities through IoT integration services. Device management services help enterprises in managing, tracking, securing, and sustaining numerous IoT-enabled devices.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-106223
The Final Report will cover the impact analysis of COVID-19 on this industry: IoT Integration Market Insights by Emerging Trends, Growth Forecast With Revenue Analysis – Global Forecast to 2025

The IoT integration market b organization size segment is further segmented into SMEs and Large enterprises. SMEs have been slow adopters of IoT integration services in the current market scenario. However, with the increasing emphasis on the adoption of advanced IT technologies and the demand for secure IT infrastructure, the SMEs segment is expected to adopt IoT integration services at a faster rate over the coming years. SMEs face challenges, such as budget constraints, labor costs, and expertise, to manage the advanced IT infrastructure and technologies and cybersecurity risks.

The global IoT integration market by application is segmented into smart building and home automation, smart healthcare, energy and utilities, industrial manufacturing and automation, smart retail, and smart transportation, logistics, and telematics. The IoT home automation promises to open up significant new revenue sources and allow businesses to connect with customers for delivering better service, more value, and greater innovation. However, managing a multitude of connected devices requires highly advanced IoT software and services. Vendors are providing IoT integration services to manage IoT home automation devices and other connected solutions. These platforms take the complexity out of provisioning and securing IoT products, managing and integrating the data they produce, and turning that data into insights.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-106223
The Final Report will cover the impact analysis of COVID-19 on this industry: IoT Integration Market Insights by Emerging Trends, Growth Forecast With Revenue Analysis – Global Forecast to 2025

North America to lead the market share in 2020
North America is one of the most prominent regions in the IoT integration market. The majority of players are based in this region. North America is a major contributor to the IoT integration market as the region is technologically developed, and a number of government initiatives have been adopted, including smart cities, and IIoT. The IoT integration market is steadily growing in North America, which includes the US and Canada. These countries are the early adopters of advanced technologies across various verticals, such as healthcare, manufacturing, and smart cities. These countries have sustainable and well-established economies, which empower them to invest in R&D activities, thereby contributing to the

• By Company Type: Tier 1 – 62%, Tier 2 – 23%, and Tier 3 – 15%
• By Designation: C-level – 38%, Directors – 30%, and Others – 32%
• By Region: North America – 40%, Europe – 15%, APAC – 35%, MEA – 5%, Latin America– 5%.

Research coverage
The market study covers IoT integration market across different segments. It aims at estimating the market size and the growth potential of this market across different segments, such as services, organization sizes, applications, and regions. The services segment is further segmented into device and platform management services, application management services, advisory services, system design and architecture, testing services, service provisioning and directory management, third party API management services, database and block storage management services, network management services, infrastructure and workload management services. 

The organization size segment is segmented into SMEs and large enterprises. Application areas include smart building and home automation, smart healthcare, energy and utilities, industrial manufacturing and automation, smart retail, and smart transportation, logistics, and telematics. The regional analysis of the IoT integration market covers North America, Europe, APAC, MEA, and Latin America. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key benefits of buying the report
The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall IoT integration market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENT

1 INTRODUCTION 27
1.1 INTRODUCTION TO COVID-19 27
1.2 COVID-19 HEALTH ASSESSMENT 27
FIGURE 1 COVID-19: GLOBAL PROPAGATION 27
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 28
1.3 COVID-19 ECONOMIC ASSESSMENT 29
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 29
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 30
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY 30
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 31
1.4 OBJECTIVES OF THE STUDY 32
1.5 MARKET DEFINITION 33
1.5.1 INCLUSIONS AND EXCLUSIONS 33
1.6 MARKET SCOPE 33
1.6.1 MARKET SEGMENTATION 34
1.6.2 REGIONS COVERED 34
1.6.3 YEARS CONSIDERED FOR THE STUDY 35
1.7 CURRENCY CONSIDERED 35
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2017–2020 35
1.8 STAKEHOLDERS 36
1.9 SUMMARY OF CHANGES 36

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact

Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790

Related Links
https://www.sdki.jp/

Related Reports

Drilling Tools Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2022
Mobile Power Plant Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2022
Bag Filter Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Well Intervention Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Hydrogen Generation Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Power Rental Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
AC Electric Motor Sales in Oil & Gas Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Oil & Gas Sensors Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
MV Protection Relay Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Lighting Contactor Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Heat Meter Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023Industrial Gearbox Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Flo
ating LNG Power Vessel Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Electric Insulator Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Oil & Gas Pumps Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
CNG Dispenser Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Meter Data Management System Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Valve Remote Control System Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Switchgear Monitoring System Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023
Electric Fuse Market Insights by Emerging Trends, Leading Key Players, Future Growth and Revenue, Demand and Revenue Forecast 2023

Christophe Rude
Christophe Rude
Articles: 15874