IoT Integration Market Research Report

The GMI Research forecasts that the IoT Integration Market is witnessing an upsurge in demand over the forecast period.

Global IoT Integration Market

The GMI Research forecasts that the IoT Integration Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the modernizations in the internet of things technology and wearable devices and the increasing trend of BYOD in organizations and distant management of the workplace.

Introduction of the IoT Integration Market

The expansion of connected devices to encourage remote workplace management and BYOD, paired with the executing ecosystem of wireless technologies, has raised the growth for IoT integration. Further, the increasing need for better operational efficiency, maturing, and the emergence of Internet Protocol version 6 (IPv6) are opportunistic for the market's growth.

Key Players of the Global IoT Integration Market:

  • Accenture plc
  • Capgemini SE
  • Tata Consultancy Services
  • DXC Technology
  • Wipro Limited
  • Cognizant
  • Infosys Limited
  • IBM Corporation
  • Deloitte Touche Tohmatsu Limited

IoT Integration Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Growth in the global IoT integration market includes the surging automation technologies across various industry verticals, improving economic conditions, rapid urbanization, and incorporating automation technologies leading to a noticeable increase in smart building and home automation. More than 15% of the households are expected to be lodged with a smart home device by the end of 2023. Moreover, the need for automated solutions is increasing at a remarkable rate, especially across retail, transportation, construction, and other sectors, whch further adds to the IoT integration market size.  In addition, various leading players in smart retail, building home automation, healthcare, energy utility, industrial automation, and transportation logistics are emphasizing on incorporating IoT to establish stronger stability in the market. Governments across the world are progressively focussing on the infrastructure that is energy efficient. Thus IoT Solutions are contemplated to earn higher importance owing to the aggravating demand for safer and more power-efficient solutions. According to IoT integration market report, IoT spending will reach nearly US $1.4 trillion by the end of 2021. However, the inadequate standard protocols will hamper the growth of the industry.

IoT Integration Market Segmentation:

Segmentation by Service
  • Device Platform Management Services
  • Application Management Services
  • Advisory Services
  • System Design Architecture Services
  • Testing Services
  • Others
Segmentation by Enterprise Size
  • SMEs
  • Large Enterprises
Segmentation by Application
  • Smart Retail
  • Smart Building Home Automation
  • Smart Healthcare
  • Energy Utility
  • Industrial Automation
  • Smart Transportation Logistics
Segmentation by Region:
  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that market research reports and business insights for every enterprise. Our team helps clients understand market dynamics such as size, share, drivers, growth opportunities, and other market aspects. Our team of analysts and industry experts who perform market intelligence studies to ensure relevant and fact-based research across FMCG, Technology, Energy, Healthcare, and other industries. Our primary focus is to update our clients with the emerging opportunities and challenges in different industries. Our step-by-step assistance to clients through strategic and consulting services helps reach a managerial and actionable decision. Highlighted in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we always look ahead to businesses stay ahead of the curve.

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