According to the Market Statsville Group (MSG), the global IoT solutions and services market size is expected to grow from USD 209.7 billion in 2021 to USD 951.9 billion by 2030, at a CAGR of 18.3% from 2022 to 2030.Below information is analyzed in depth in the report-
Global IoT Solutions and Services Market Revenue, 2018-2023, 2024-2033, (US$ Millions)
Global IoT Solutions and Services Market Sales Volume, 2018-2023, 2024-2033, (Units)
Share of the top five IoT Solutions and Services companies in 2023 (%)
Market Growth Mapping
Qualitative and quantitative methodologies were utilized in the process of market growth mapping. The report offers an extensive examination of market dynamics, including a thorough assessment of the primary factors that drive market expansion, challenges encountered by industry participants, and forthcoming trends that indicate recent development. Prospects for investment and expansion are discerned via a comprehensive SWOT analysis, which evaluates the market’s strengths, weakness, opportunities, and threats. The PESTEL analysis, which investigates the technological, environmental, political, economic, and social factors that influence the industry, provides additional depth of analysis. Furthermore, the report incorporates an analysis of PORTER'S 5 forces, which provides valuable perspectives on the sector's profitability and competitive intensity. Moreover, the report covers regulatory landscape, COVID-19 impact analysis, customer sentiment and behavior, trade analysis, supply-demand analysis, and the influence of government policies and other macroeconomic factors.
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IoT Solutions and Services Market Segmentation:
This study offers a thorough segmentation of the IoT Solutions and Services market based on an in-depth examination of the product portfolios and customers of key regional and global market players. By means of a comprehensive examination, we offer detailed perspectives on market segmentation, assisting stakeholders in comprehending the diverse aspects and variables that impact the IoT Solutions and Services market.
By Deployment Mode Outlook (Sales, USD Billion, 2017-2030)
Cloud
On-premises
By Solution Outlook (Sales, USD Billion, 2017-2030)
Data analytics and machine learning
Complex event processing
Cybersecurity
Network management
By Organization Size Outlook (Sales, USD Billion, 2017-2030)
Small and Medium-Sized Enterprises
Large Enterprises
By Focus Area Outlook (Sales, USD Billion, 2017-2030)
Smart Manufacturing
Smart Transportation/mobility
Smart Energy and Utilities
Smart Retail
Connected Healthcare
Smart Agriculture
Smart Buildings
Other Focus Areas
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The key companies covered in the market report are:
Siemens
Microsoft
AWS
IBM
Intel
Cisco
Google
Oracle
SAP
Qualcomm
Oxagile