|
Home | Technology News Search Engine:
|
|
|
|
Home: Technology News:
|
|
|
(IT-NEWSWIRE.COM, August 01, 2019 ) According to a new market research report "Internet of Things Managed Services Market by Service Type (Infrastructure Management, Security Management, Network Management, Data Management, Device Management), Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the IoT managed services market size is expected to grow from USD 21.85 Billion in 2016 to USD 79.60 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 29.5% during the period 2016–2021.
Browse and in-depth TOC on “Internet of Things (IoT) Managed Services Market”
36 - Tables
36 - Figures
112 - Pages
Request PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256294760
Early buyers will receive 10% customization on reports.
The major drivers for the increase in demand for IoT managed services market include rise of managed cloud services and growing inclination towards cost effective managed services. Managed Service Providers (MSPs) offer high effectiveness and performance for enterprises with their offerings, which also boosts the growth of the market.
Network management services segment is likely to hold the largest market share in the IoT managed services market
Network management deals with the entire network chain of an organization. It is essential to enhance the network for optimum utilization of the available resources. Network management services assist in analyzing the amount of data transferring over a network and automatically routes it, to avoid congestion that can result in crash of the network. Opting for a MSP can help organizations in reduced downtime, better network connectivity, safety, security, automatic device discovery, scalability, and seamless operation of the business process.
Smart transportation segment is expected to grow at the highest CAGR during the forecast period
Smart transportation is all about integrating advanced technologies with the existing transportation infrastructure, delivering real-time online information about the traffic flow, tracking of the assets, and passengers/commuters. IoT managed services help the transportation vendors to manage and monitor the complex IoT ecosystem. The increasing requirement for managing analytics, security, devices & sensors, data, and high volume networking, along with a rise in the overall operations and responsiveness drives the smart transportation vertical in the IoT managed services market.
Speak to Our Expert Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=256294760
North America is expected to hold the largest market share in the IoT managed services market
As per the geographic analysis, North America is likely to benefit from factors such as rapid digitization across industry verticals. Increasing adoption of smart connected devices and technological advancements, followed by robust network infrastructure and presence of major IoT MSPs that offer specialized managed services.
The major vendors covered in the IoT managed services market for this study include Cisco Systems, Inc. (California, U.S.), Cognizant Technology Solutions Corporation (New Jersey, U.S.), HCL Technologies Limited (Uttar Pradesh, India), Harman International Industries, Inc. (Connecticut, U.S.), Infosys Limited (Karnataka, India), Virtusa Corporation (Massachusetts, U.S.), Tieto Corporation(Helsinki, Finland), Tata Consultancy Services Limited (Maharashtra, India), Tech Mahindra Limited (Maharashtra, India), and Wipro Limited (Karnataka, India).
Browse Adjacent Markets @ Digitalization and IoT Market Research Reports & Consulting
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com
MnM Blog: https://mnmblog.org/
Visit Our Website: https://www.marketsandmarkets.com
MarketsandMarkets™
Mr. Shelly Singh
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
Technology News Headlines
|
|
|
|
|
Technology Business Video Feed
|
|
More Technology Video Feeds
|
|
|
