Historical market revenue data for 2021, estimates for 2022 and CAGR projections to 2027

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Global market of IoT solutions and services

Global market of IoT solutions and services

Global market of IoT solutions and services

Dublin, Nov. 25, 2022 (GLOBE NEWSWIRE) — The report “Global IoT Solutions and Services Market: Trends and Forecast (2022-2027)” has been added to ResearchAndMarkets.com offer.

The report provides an overview of the global IoT solutions and services market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the period 2022 to 2027.

IoT helps bring automation to industrial applications by facilitating remote operation of machinery, preventive maintenance of equipment, remote health monitoring, inventory management, environmental monitoring, video surveillance, connected transportation, notification real-time and product quality management. IoT solutions and services help companies automate and digitize their business processes to improve productivity, profitability and resource utilization.

The Internet of Things (IoT) refers to a computing device that connects the physical and virtual worlds. Such devices facilitate the transfer and communication of data without human intervention. IoT solutions combine computing devices, digital machines, and intelligent objects with integrated hardware, software, and other technologies to support the function of communication, data collection, transfer, and exchange between intelligent devices.

IoT services combine all the services needed to plan, design, run, install and manage the entire IoT solution. IoT adoption helps businesses gather valuable insights to improve and update end-to-end operations and drive innovations.

IoT solutions and services help organizations reshape and adopt innovative business models and implement automation and digitization. They offer businesses flexibility and scalability. By allowing organizations to choose between pay-as-you-go options, mid-cycle plans, and end-of-the-month plan change options, IoT solutions and services enable organizations to adapt to market needs. IoT also helps companies predict potential problems faster, troubleshoot connectivity issues, optimize supply chains, and optimize device metrics in real time.

IoT solutions include a software program that allows users to use data collected through IoT devices. It works as a point of solution, to collect data from one or more sensors to gain insights into business operations and activities. IoT Services provides assistance in implementing, adopting, and securely connecting IoT technology for data collection and analysis. This helps to find a business problem for IoT implementation, defining data collection location, hardware consulting, data center planning, data processing and mining planning.

The COVID-19 pandemic caused a spike in the growth of digital technologies and since then the IoT has become more relevant as a mediator of daily activities. IoT-based mobile applications have helped track and trace the development and origin of the pandemic. Artificial intelligence (AI) technologies have been adopted by life and health science researchers developing vaccines.

The COVID-19 pandemic has increased the adoption of medical robots in the tasks of taking temperatures, disinfecting premises and delivering medicines. IoT-based remote monitoring devices have helped healthcare providers monitor patient conditions, provide consultations and monitor vaccination status, as well as assist with other healthcare activities.

Connected imaging and diagnostic equipment, combined with sensors and smart tags, have helped deliver real-time monitoring and predictive maintenance. In the retail industry, IoT solutions and services have helped deliver in-store contactless delivery, contactless payments, inventory management and, with the help of data insights, personalized offers to customers.

Revenue forecasts for this period are segmented by offering, implementation, organization size, industries, and regions. The report also focuses on the key driving trends and challenges impacting the market. The report concludes with detailed profiles of the major global players of the IoT solutions and services market. The study of IoT solutions and services includes the industrial aspect of the market and does not include consumer IoT.

Company profiles of key industry players, including Amazon.com Inc., Bosch GmbH, General Electric, Huawei Technologies Co. Ltd., Intel Corp., and Microsoft Corp.

The report includes

  • Analysis of global market trends, with historical market revenue data for 2021, estimates for 2022 and projections of compound annual growth rates (CAGR) to 2027

  • Highlights of the growth potential of the global IoT solutions and services market and focus areas to forecast this market across various segments and sub-segments

  • Actual market size estimation for IoT solutions and services, revenue forecast and corresponding market share analysis by component, implementation, organization size, application and geography

  • In-depth information (facts and figures) regarding market opportunities, drivers and challenges, technological advancements, industry value chain and COVID-19 impact on the market

  • Insight into the recent industry structure, competitive aspects of each product segment, key growth strategies, and analysis of the company’s value share by segment revenue

  • Up-to-date information on major M&A deals, deals, collaborations, and product launches in the global IoT solutions and services market

  • Review of key patent grants and intellectual property aspects of the IoT solutions and services market

Main topics covered:

chapter 1 introduction
1.1 Overview
1.2 Aims and objectives of the study
1.3 Reasons for doing this study
1.4 Purpose of the Report

Chapter 2 Summary and Highlights

Chapter 3 Market overview and technology background
3.1 Overview
3.2 Evolution of IoT solutions and services
3.3 Analysis of the value chain
3.4 Analysis of Porter’s five forces
3.5 Impact of Covid-19 on the market
3.6 Impact of the Russia-Ukraine war on the market

Chapter 4 Market dynamics
4.1 Market dynamics
4.1.1 Drivers
4.1.2 Restrictions
4.1.3 Opportunities
4.1.4 Challenges

Chapter 5 Market Breakdown by Supply
5.1 Overview
5.2 IoT Solutions
5.2.1 Device management
5.2.2 Data Management
5.2.3 Application management
5.2.4 Network management
5.2.5 Smart Surveillance
5.3 IoT Services
5.3.1 Professional Services
5.3.2 Managed Services

Chapter 6 Market Breakdown by Distribution
6.1 Overview
6.2 Cloud
6.3 On site

Chapter 7 Market Breakdown by Organization Size
7.1 Overview
7.2 Large Enterprises
7.3 Small and Medium Enterprises
7.3.1 Process optimization
7.3.2 Predictive maintenance
7.3.3 Client Management
7.3.4 Real-time monitoring

Chapter 8 Market Breakdown by Industry
8.1 Overview
8.2 Production
8.2.1 Connected Products
8.2.2 Connected production
8.2.3 Supply chain
8.2.4 Predictive Maintenance
8.3 Automotive and Transportation
8.3.1 Fleet management and telematics
8.3.2 Connected cars
8.3.3 Automotive maintenance system
8.4 Energy and Utilities
8.5 Healthcare
8.5.1 Remote health monitoring
8.5.2 Smart hospital
8.5.3 Tracking Medical Assets
8.5.4 Management of healthcare personnel
8.6 Retail Sale
8.6.1 Facility Management and consumer behavior analysis
8.6.2 Supply chain
8.6.3 Smart shelves
8.6.4 Smart Digital Signage
8.6.5 Smart vending machines
8.7 Oil and Gas
8.7.1 Real-time equipment monitoring
8.7.2 Worker safety
8.7.3 Predictive Maintenance
8.8 Agriculture
8.8.1 Precision agriculture
8.8.2 Monitoring of live stock
8.8.3 Driving and navigation
8.9 Building infrastructure
8.9.1 Security and Surveillance
8.9.2 Facility management
8.9.3 Home automation
8.10 Others

Chapter 9 Market Breakdown by Region
9.1 Overview
9.2 North America
9.2.1 United States
9.2.2 Canada
9.3 Europe
9.3.1 United Kingdom
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Rest of Asia Pacific
9.5 Rest of the world
9.5.1 South America
9.5.2 Middle East and Africa

Chapter 10 Competitive landscape
10.1 Main companies
10.2 Strategic analysis
10.2.1 Product innovations
10.2.2 Partnerships and Acquisitions

Chapter 11 Company Profiles

  • Aeris

  • Amazon Web Services Inc. (Amazon.Com Inc.)

  • Andersen Inc.

  • Braccio srl.

  • Bosch.io GmbH (Bosch GmbH)

  • cisco systems inc.

  • clearblade

  • Ge digital (General Electric)

  • Huawei Technologies Co. Ltd.

  • IBM

  • Intel Corp.

  • Microsoft Corp.

  • Oracle Corp.

  • Oxagile

  • PTC Inc.

  • Software AG

  • sumatosoft

For more information about this report, please visit https://www.researchandmarkets.com/r/6crs2v

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