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Global IoT Solutions and Services Market Size study, By Component (Solution, Services), By Deployment Mode (Cloud, On-premises), By Application (Smart Manufacturing, Smart Transportation/mobility, Smart Buildings, Others), and Regional Forecasts 2022-2028

  • BIZ4983262
  • 200 Pages
  • June 2022
  • ICT & Media
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Global IoT Solutions and Services Market is valued at approximately USD 204.63 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 18.8% over the forecast period 2022-2028. Internet of Things (IoT) Solutions refers to an integrated system of interrelated computing devices, objects, and mechanical and digital machines, which are incorporated with software, sensors, and other technologies. These solutions help in connecting and exchanging data with other devices that can be used by companies to solve various business problems. And, IoT services are a set of end-to-end services that help to aggregate data from physical objects and proficiently use the information for business intelligence and process automation. Factors such as the increasing proliferation of IoT and connected devices, growing adoption of cloud-based facilities, coupled with rising usage of data processing and analytics are considered major driving factors for the market growth. For instance, according to a Statista report, in 2019, nearly 8.6 billion Internet of Things (IoT) connected devices were recorded, which is projected to reach around 19.1 billion devices by 2025. Therefore, the rising penetration of IoT and connected devices is bolstering the market demand across the globe. However, rising concerns for data security and privacy and lack of advancements in communication technology impede the growth of the market over the forecast period of 2022-2028. Also, the growing number of smart city initiatives worldwide and the arrival of 5G technology are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global IoT Solutions and Services Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rapid development of the IT infrastructure facilities, and the presence of leading market players like Google, Microsoft, Intel, IBM, and many others. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing spending on R&D activities, and the rising adoption of emerging technologies, would create lucrative growth prospects for the IoT Solutions and Services Market across the Asia-Pacific region.

Major market players included in this report are:

Siemens

Microsoft Corporation

AWS

IBM Corporation

Intel

Cisco

Google

Oracle Corporation

SAP SE

Hitachi

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Solution

Services

By Deployment Mode:

Cloud

On-premises

By Application:

Smart Manufacturing

Smart Transportation/mobility

Smart Buildings

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global IoT Solutions and Services Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. IoT Solutions and Services Market, by Region, 2020-2028 (USD Billion)

1.2.2. IoT Solutions and Services Market, by Component, 2020-2028 (USD Billion)

1.2.3. IoT Solutions and Services Market, by Deployment Mode, 2020-2028 (USD Billion)

1.2.4. IoT Solutions and Services Market, by Application, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global IoT Solutions and Services Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global IoT Solutions and Services Market Dynamics

3.1. IoT Solutions and Services Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Increasing proliferation of IoT and connected devices

3.1.1.2. Growing adoption of cloud-based facilities

3.1.2. Market Challenges

3.1.2.1. Rising concerns for data security and privacy

3.1.2.2. Lack of advancements in communication technology

3.1.3. Market Opportunities

3.1.3.1. Growing number of smart city initiatives worldwide

3.1.3.2. Arrival of 5G technology

Chapter 4. Global IoT Solutions and Services Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global IoT Solutions and Services Market, by Component

6.1. Market Snapshot

6.2. Global IoT Solutions and Services Market by Component, Performance - Potential Analysis

6.3. Global IoT Solutions and Services Market Estimates & Forecasts by Component, 2018-2028 (USD Billion)

6.4. IoT Solutions and Services Market, Sub Segment Analysis

6.4.1. Solution

6.4.2. Services

Chapter 7. Global IoT Solutions and Services Market, by Deployment Mode

7.1. Market Snapshot

7.2. Global IoT Solutions and Services Market by Deployment Mode, Performance - Potential Analysis

7.3. Global IoT Solutions and Services Market Estimates & Forecasts by Deployment Mode, 2018-2028 (USD Billion)

7.4. IoT Solutions and Services Market, Sub Segment Analysis

7.4.1. Cloud

7.4.2. On-premises

Chapter 8. Global IoT Solutions and Services Market, by Application

8.1. Market Snapshot

8.2. Global IoT Solutions and Services Market by Application, Performance - Potential Analysis

8.3. Global IoT Solutions and Services Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)

8.4. IoT Solutions and Services Market, Sub Segment Analysis

8.4.1. Smart Manufacturing

8.4.2. Smart Transportation/mobility

8.4.3. Smart Buildings

8.4.4. Others

Chapter 9. Global IoT Solutions and Services Market, Regional Analysis

9.1. IoT Solutions and Services Market, Regional Market Snapshot

9.2. North America IoT Solutions and Services Market

9.2.1. U.S. IoT Solutions and Services Market

9.2.1.1. Component breakdown estimates & forecasts, 2018-2028

9.2.1.2. Deployment Mode breakdown estimates & forecasts, 2018-2028

9.2.1.3. Application breakdown estimates & forecasts, 2018-2028

9.2.2. Canada IoT Solutions and Services Market

9.3. Europe IoT Solutions and Services Market Snapshot

9.3.1. U.K. IoT Solutions and Services Market

9.3.2. Germany IoT Solutions and Services Market

9.3.3. France IoT Solutions and Services Market

9.3.4. Spain IoT Solutions and Services Market

9.3.5. Italy IoT Solutions and Services Market

9.3.6. Rest of Europe IoT Solutions and Services Market

9.4. Asia-Pacific IoT Solutions and Services Market Snapshot

9.4.1. China IoT Solutions and Services Market

9.4.2. India IoT Solutions and Services Market

9.4.3. Japan IoT Solutions and Services Market

9.4.4. Australia IoT Solutions and Services Market

9.4.5. South Korea IoT Solutions and Services Market

9.4.6. Rest of Asia Pacific IoT Solutions and Services Market

9.5. Latin America IoT Solutions and Services Market Snapshot

9.5.1. Brazil IoT Solutions and Services Market

9.5.2. Mexico IoT Solutions and Services Market

9.6. Rest of The World IoT Solutions and Services Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Siemens

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Microsoft Corporation

10.2.3. AWS

10.2.4. IBM Corporation

10.2.5. Intel

10.2.6. Cisco

10.2.7. Google

10.2.8. Oracle Corporation

10.2.9. SAP SE

10.2.10. Hitachi

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global IoT Solutions and Services Market, report scope

TABLE 2. Global IoT Solutions and Services Market estimates & forecasts by Region 2018-2028 (USD Billion)

TABLE 3. Global IoT Solutions and Services Market estimates & forecasts by Component 2018-2028 (USD Billion)

TABLE 4. Global IoT Solutions and Services Market estimates & forecasts by Deployment Mode 2018-2028 (USD Billion)

TABLE 5. Global IoT Solutions and Services Market estimates & forecasts by Application 2018-2028 (USD Billion)

TABLE 6. Global IoT Solutions and Services Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 7. Global IoT Solutions and Services Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 8. Global IoT Solutions and Services Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 9. Global IoT Solutions and Services Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 10. Global IoT Solutions and Services Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 11. Global IoT Solutions and Services Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 12. Global IoT Solutions and Services Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 13. Global IoT Solutions and Services Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 14. Global IoT Solutions and Services Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 15. Global IoT Solutions and Services Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 16. U.S. IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 17. U.S. IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 18. U.S. IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 19. Canada IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 20. Canada IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 21. Canada IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 22. UK IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 23. UK IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 24. UK IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 25. Germany IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 26. Germany IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 27. Germany IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 28. RoE IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 29. RoE IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 30. RoE IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 31. China IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 32. China IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 33. China IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 34. India IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 35. India IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 36. India IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 37. Japan IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 38. Japan IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 39. Japan IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 40. RoAPAC IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 41. RoAPAC IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 42. RoAPAC IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 43. Brazil IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 44. Brazil IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 45. Brazil IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 46. Mexico IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 47. Mexico IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 48. Mexico IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 49. RoLA IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 50. RoLA IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 51. RoLA IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 52. Row IoT Solutions and Services Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 53. Row IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 54. Row IoT Solutions and Services Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 55. List of secondary sources, used in the study of global IoT Solutions and Services Market

TABLE 56. List of primary sources, used in the study of global IoT Solutions and Services Market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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