The IoT Integration Market size was valued at USD 2.37 billion in 2022 and is projected to reach 21.19 billion in 2030 with a growing CAGR of 31.5% from 2023 to 2030.
The IoT integration market is rapidly evolving, fueled by the growing adoption of connected devices across various industries. Organizations are increasingly recognizing the value of integrating IoT solutions into their operations to improve efficiency, enhance decision-making, and create new revenue streams. As a result, the IoT integration market is experiencing significant growth, with businesses seeking comprehensive solutions that seamlessly connect disparate devices, platforms, and systems.
One of the key drivers of the IoT integration market is the proliferation of IoT devices and sensors across industries such as manufacturing, healthcare, transportation, and retail. These devices generate vast amounts of data that hold valuable insights for businesses, but harnessing this data requires effective integration with existing systems and processes. IoT integration platforms play a crucial role in aggregating, processing, and analyzing data from diverse sources, enabling organizations to derive actionable insights and drive operational improvements.
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Covid 19 impact analysis:
The latest report is the most recent study that offers of the IoT Integration industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global IoT Integration market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
DXC Technology, NTT Data Corporation, Wipro Limited, Accenture, Atos SE, Fujitsu Ltd., Infosys Limited, TCS Limited, HCL Technologies Limited, Dell EMC, Tech Mahindra Limited, IBM Corporation, Capgemini, Cognizant, Salesforce, Softdel, Phitomas, eInfochips, Timesys Corporation, Allerin Tech Pvt Ltd, Tibbo Systems, Allerin Tech Pvt Ltd, Aeris, Macrosoft Inc., Deloitte.
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the IoT Integration market.
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It has segmented the global IoT Integration market
By Service
- Third-party API Management Services
- Network Management Services
- Device and Platform Management Services
- System Design and Architecture
- Application Management Services
- Advisory Services
- Testing Services
- Service Provisioning and Directory Management
- Database and Block Storage Management Services
- Infrastructure and Workload Management Services
By Enterprise Size
- Small and medium-sized enterprises
- Large enterprises
By Application
- Smart building and home automation
- Smart Healthcare
- Energy and utilities
- Industrial manufacturing and automation
- Smart retail
- Intelligent transportation, logistics, and telematics
Key Objectives of the Global IoT Integration Market Report:
- The report conducts a comparative assessment of the leading market players participating in the globalIoT Integration
- The report marks the notable developments that have recently taken place in the IoT Integrationindustry
- It details on the strategic initiatives undertaken by the market competitors for business expansion.
- It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of theIoT Integration market value chain.
- The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
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Oct 15, 2018 (Heraldkeeper via COMTEX) -- Market Overview:
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Herbal Tea Market is witnessing an impressive growth over the last few years.
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Many key players in beverages market are investing in R so as to focus on product development which enriches the flavors in herbal tea.
Additionally, key players in the global herbal tea market are emphasizing to enhance their investment in the product development in order to extend the product line.
IMF - President Joko Widodo held a bilateral meeting with the managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on the sidelines of the series of events of the SUMMIT the 35th ASEAN.
The second meeting took place at the Impact Exhibition and Convention Center on Sunday, November 3, 2019.
Some of them, namely human resource development, sustainability of infrastructure development, simplification of regulation, and institutional reform.
The minister of foreign Affairs Retno Marsudi said during the meeting the two also exchanged thoughts about the world economic situation and in the ASEAN region.
Kristalina convey the world economy is experiencing a slowdown, even experienced the lowest growth in the last decade.
"He said that the economy of ASEAN is still bright spot in the world economy.
Market HighlightsIoT integration refers to the set of services used to streamline and exchange data in an interconnected mesh of heterogeneous devices that are located across different geographies having different communications protocols, varied network, and numerous applications.
It provides a unified view of data and related metrics to the relevant stakeholders in the organization.
IoT integration assist in efficient management of business workflows.The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and IoT Integration market size, and production and manufacturing capacity along with pricing analysis.IoT integration market is expected to grow from USD 778.4 million in 2017 to USD 4,066.79 million, at a compound annual growth rate (CAGR) of 32.06% during the forecast period.
The rise in bring your own device and remote workplace management culture in organizations, growing need for data consistency, increase in regulatory compliance and regulations, and growing traction for risk mitigation drive the growth of IoT integration market.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/7312Key playersThe prominent players in the IoT integration market have been identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise.
The major vendors of the market are Tata Consultancy Services Limited (India), Wipro Limited (India), ATOS SE (France), Accenture PLC (Ireland), Fujitsu Ltd. (Japan), Infosys Limited (India), Capgemini SE (France), HCL Technologies Limited (India), SoftDEL (US), Tech Mahindra Limited (India), Meshed (Australia), Intel Corporation (US), MuleSoft (US), DXC Technology (US), International Business Machines Corporation (US), Cognizant Technology Solutions Corporation (US), NTT Data Corporation (Japan), Phitomas (Malaysia), and Allerin (US).These players are adopting strategies such as partnership, agreement, and acquisition to increase their shares in the global IoT integration market.
For instance, in 2018 Telefónica S.A. entered into an agreement with Microsoft Azure IoT to integrate its IoT connectivity platform with Microsoft Azure IoT Suite.Browse Complete Report @ https://www.marketresearchfuture.com/reports/iot-integration-market-7312Regional AnalysisThe global market for IoT integration is estimated to grow at a notable rate during the forecast period from 2018 to 2023.
