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Global IoT Services Market - Analysis, Technologies & Forecasts to 2024 - Driven by Increasing Number of Smart City Projects - Research and MarketsResearch and Markets has announced the addition of the "Global Internet of Things (IoT) Services Market - Forecast and Opportunities, 2011-2021" report to their offering. The global IoT services market is projected to exhibit a CAGR of over 24% during 2016-2021, owing to rising internet and smartphone penetration, growing Industrial IoT (IIoT) adoption, coupled with increasing number of smart city projects across various countries. Global IoT services market witnessed significant growth over the past few years, on account of growing technological advancements, increasing initiatives to automate processes, coupled with booming consumer electronics industry. Furthermore, growing adoption of Bring Your Own Device (BYOD) concept, rising intelligent transportation system market and exponentially increasing volume of data are generating need for data analytics and thereby fueling growth in global IoT services market during next five years. Managed services dominated global IoT services market in 2015 and the trend is anticipated to continue during the forecast period as well, owing to increasing number of governmet initiatives towards digitization and increasing IT spending on security services. Although, high demand for IoT services across the globe is emanating from healthcare, smart homes & buildings, smart cities, etc., manufacturing segment dominated global IoT services market in 2015, on account of rising need to reduce costs and increasing demand for data analytics. Companies Mentioned:
Key Topics Covered: 1. Product Overview 2. Research Methodology 3. Analyst View 4. Global IoT Services Market Outlook 5. North America IoT Services Market Outlook 6. Europe IoT Services Market Outlook 7. Asia-Pacific IoT Services Market Outlook 8. Middle East & Africa IoT Services Market Outlook 9. South America IoT Services Market Outlook 10. Global IoT Services Market Attractiveness Index 11. Market Dynamics 12. Market Trends & Developments 13. Competitive Landscape 14. Strategic Recommendations For more information about this report visit http://www.researchandmarkets.com/research/bn86fb/global_internet View source version on businesswire.com: http://www.businesswire.com/news/home/20161024005983/en/ |