IoT Services Market Growth Analysis, Latest Trends And Business Opportunity 2023 To 2032

IoT Services Market Segments

The Business Research Company segments it’s IoT Services market report as:

By Type

By Vertical

By Application

Professional Services, Managed Services

Manufacturing, Retail, IT & Telecom, Transportation & Logistics, Utilities, Healthcare, Energy, Other Verticals

Smart Buildings, Smart Manufacturing, Smart Transport and Logistics, Smart Healthcare, Smart Retail, Smart Energy

IoT Services Market Statistics

The global iot services market size will grow from $188.8 billion in 2022 to $214.47 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%.The global iot services market size is expected to grow to $400.78 billion in 2027 at a CAGR of 16.9%.

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Key Market Drivers And Trends

Drivers

The An increase in the internet of things are driving the growth of the IoT Services market

Trends

cloud computing are a key trend gaining popularity in the IoT Services market.

Region

Asia-Pacific was the largest region in the IoT Services market. The regions covered in the global IoT Services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Market Players

Major players in the IoT Services market are:

▪ Cisco Systems

▪ Coggnizant

▪ Google

▪ Infosys

▪ Tieto Corporation

And more.

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