TMCnet News
Internet of Things Integration Market by Service, Organization Size, Application Area, and Region - Global Forecast to 2022NEW YORK, July 11, 2017 /PRNewswire/ -- "The IoT integration market is expected to grow at a Compound Annual Growth Rate (CAGR) of 34.2% during the forecast period due to the growth of the Bring Your Own Device (BYOD) trend, need for remote workplace management, and maturing partner agreements between IoT vendors." The APAC market is expected to witness significant growth and is projected to be the fastest-growing region in the IoT integration market. APAC has emerged as the most lucrative market for IoT integration. Countries in the APAC region across various industry verticals are increasingly adopting IoT integration. The region has a competitive advantage over other regions due to the availability of local cost-efficient solutions, easy accessibility to trained labors, and flexible regulations and policies. Additionally, APAC countries are undertaking aggressive initiatives to improve IoT infrastructure, thereby enabling commercial users to adopt cutting-edge IoT technologies, solutions, and associated services. In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of the profiles of the primary participants is as follows: • By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30% • By Designation: C-Level – 72%, Director Level – 14%, and Others – 14% • By Region: North America – 57%, Europe – 14%, APAC – 29% The IoT integration market includes various major vendors such as TCS (India), Wipro (India), Capgemini (France), Infosys (India), HCL Technologies (India), Atos SE (France), Allerin (US), MuleSoft (US), Meshed (Australia), and Phitomas (Malaysia). Research Coverage: The report includes an in-depth competitive analysis of the key players in the IoT integration market along with their company profiles, recent developments, and key market strategies. The report segments the IoT integration market by service, organization area, application area, and region. Reasons to Buy the Report: The IoT integration market has been segmented on the basis of services, organization size, application areas, and regions. The report will help the market leaders/new entrants in the IoT integration market in the following ways: 1. The overall IoT integration market revenue stream has been estimated based on the Service Level Agreements (SLAs), subject to functional use cases in IoT subsystems across various application areas, such as smart building and home automation, smart healthcare, energy and utilities, industrial manufacturing and automation, smart retail, and smart transportation, logistics, and telematics. The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split into regions. 2. The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities. 3. The report will help the stakeholders to understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions. Read the full report: http://www.reportlinker.com/p04998213/Internet-of-Things-Integration-Market-by-Service-Organization-Size-Application-Area-and-Region-Global-Forecast-to.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/internet-of-things-integration-market-by-service-organization-size-application-area-and-region---global-forecast-to-2022-300486700.html SOURCE Reportlinker |