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Global IoT Professional Services Market Size study & Forecast, by Type (IoT consulting, IoT Infrastructure, System Designing and Integration, Support and Maintenance, Education and Training), by Organization Size (SMEs, Large Enterprises), by Deployment Type (On-Premises, Cloud), by Application (Smart Buildings, Smart Manufacturing, Smart Transport and Logistics, Smart Healthcare, Smart Retail, Smart Energy), and Regional Analysis, 2022-2029

January 2023 | 200 pages | ID: GF09433E898DEN
Bizwit Research & Consulting LLP

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Global IoT Professional Services Market is valued at approximately USD 109.68 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2022-2029. IoT professional services help organizations in the logistics and transportation sectors use IoT technology solutions to increase productivity. IoT professional services offer a variety of services and resources, including advising, training, and tech assistance to users to install IoT solutions and maximize return on investment. Factors such as rising internet ubiquity and advancements of wireless technologies, the growing trend of M2M applications across industries, and increasing government initiatives in R&D activities related to IoT are driving the growth of the global market.

The development of the Internet of Things (IoT) industry is acting as a catalyzing factor for market growth. According to Statista, the Internet of Things (IoT) sector generated USD 388 billion in total revenue in 2019. This amount is expected to increase and is estimated to reach USD 1058.3 billion by 2030. As a result, the development of the Internet of Things (IoT) industry is burgeoning the IoT Professional Services Market. The surging demand for IoT-enabled digital transformation of businesses, as well as rising inclination towards cloud-based data management strategy, are creating various opportunities for market growth over the forecasting years. However, rising integration issues of legacy infrastructure and communication networks, along with various concerns associated with data security and privacy are hampering market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global IoT Professional Services Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the rising investment on technological advancements, along with the presence of advanced infrastructure. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as growing acceptance of emerging technologies, as well as the surging demand for IoT devices in the regional market.

Major market players included in this report are:
Atos SE
Tata Consultancy Services Limited
Accenture PLC
IBM Corporation
General Electric Company
AT&T Inc.
Cognizant Technology Solutions Corporation
DXC Technology Company
Capgemini SE
Virtusa Corporation

Recent Developments in the Market:
In February 2022, Astrocast unveiled the company’s partnership with UnaBiz-an IoT service provider, aims on developing an end-to-end IoT solution for asset tracking and monitoring. Under this partnership, Astrocast delivers its direct-to-satellite data service offering and consulting services to UnaBiz. Furthermore, UnaBiz is expected to facilitate the onboarding of Astrocast-enabled devices on UnaConnect, and an ISO27001 certified IoT device management data platform that manages close to a million IoT devices.
In Feb 2021, Cognizant announced the acquisition of Magenic Technologies- a privately held custom software development services company headquartered in Minneapolis, Minnesota. The aim of this acquisition is to expand the company’s geographical footprints across the region.

Global IoT Professional Services Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Organization Size, Deployment Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Type:
IoT consulting
IoT Infrastructure
System Designing and Integration
Support and Maintenance
Education and Training
By Organization Size:
SMEs
Large Enterprises
By Deployment Type:
On-Premises
Cloud
By Application:
Smart Buildings
Smart Manufacturing
Smart Transport and Logistics
Smart Healthcare
Smart Retail
Smart Energy
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
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. IoT Professional Services Market, by Region, 2019-2029 (USD Billion)
  1.2.2. IoT Professional Services Market, by Type, 2019-2029 (USD Billion)
  1.2.3. IoT Professional Services Market, by Organization Size, 2019-2029 (USD Billion)
  1.2.4. IoT Professional Services Market, by Deployment Type, 2019-2029 (USD Billion)
  1.2.5. IoT Professional Services Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL IOT PROFESSIONAL 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 PROFESSIONAL SERVICES MARKET DYNAMICS

3.1. IoT Professional Services Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising internet ubiquity and advancements of wireless technologies
    3.1.1.2. Development of the Internet of Things (IoT) industry
  3.1.2. Market Challenges
    3.1.2.1. Rising integration issues of legacy infrastructure and communication networks
    3.1.2.2. Various concerns associated with data security and privacy
  3.1.3. Market Opportunities
    3.1.3.1. Surging demand for IoT-enabled digital transformation of businesses
    3.1.3.2. Rising inclination towards cloud-based data management strategy

CHAPTER 4. GLOBAL IOT PROFESSIONAL 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
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL IOT PROFESSIONAL SERVICES MARKET, BY TYPE

6.1. Market Snapshot
6.2. Global IoT Professional Services Market by Type, Performance - Potential Analysis
6.3. Global IoT Professional Services Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. IoT Professional Services Market, Sub Segment Analysis
  6.4.1. IoT consulting
  6.4.2. IoT Infrastructure
  6.4.3. System Designing and Integration
  6.4.4. Support and Maintenance
  6.4.5. Education and Training

CHAPTER 7. GLOBAL IOT PROFESSIONAL SERVICES MARKET, BY ORGANIZATION SIZE

7.1. Market Snapshot
7.2. Global IoT Professional Services Market by Organization Size, Performance - Potential Analysis
7.3. Global IoT Professional Services Market Estimates & Forecasts by Organization Size 2019-2029 (USD Billion)
7.4. IoT Professional Services Market, Sub Segment Analysis
  7.4.1. SMEs
  7.4.2. Large Enterprises

CHAPTER 8. GLOBAL IOT PROFESSIONAL SERVICES MARKET, BY DEPLOYMENT TYPE

8.1. Market Snapshot
8.2. Global IoT Professional Services Market by Deployment Type, Performance - Potential Analysis
8.3. Global IoT Professional Services Market Estimates & Forecasts by Deployment Type 2019-2029 (USD Billion)
8.4. IoT Professional Services Market, Sub Segment Analysis
  8.4.1. On-Premises
  8.4.2. Cloud

CHAPTER 9. GLOBAL IOT PROFESSIONAL SERVICES MARKET, BY APPLICATION

9.1. Market Snapshot
9.2. Global IoT Professional Services Market by Application, Performance - Potential Analysis
9.3. Global IoT Professional Services Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
9.4. IoT Professional Services Market, Sub Segment Analysis
  9.4.1. Smart Buildings
  9.4.2. Smart Manufacturing
  9.4.3. Smart Transport and Logistics
  9.4.4. Smart Healthcare
  9.4.5. Smart Retail
  9.4.6. Smart Energy

CHAPTER 10. GLOBAL IOT PROFESSIONAL SERVICES MARKET, REGIONAL ANALYSIS

10.1. IoT Professional Services Market, Regional Market Snapshot
10.2. North America IoT Professional Services Market
  10.2.1. U.S. IoT Professional Services Market
    10.2.1.1. Type breakdown estimates & forecasts, 2019-2029
    10.2.1.2. Organization Size breakdown estimates & forecasts, 2019-2029
    10.2.1.3. Deployment Type breakdown estimates & forecasts, 2019-2029
    10.2.1.4. Application breakdown estimates & forecasts, 2019-2029
  10.2.2. Canada IoT Professional Services Market
10.3. Europe IoT Professional Services Market Snapshot
  10.3.1. U.K. IoT Professional Services Market
  10.3.2. Germany IoT Professional Services Market
  10.3.3. France IoT Professional Services Market
  10.3.4. Spain IoT Professional Services Market
  10.3.5. Italy IoT Professional Services Market
  10.3.6. Rest of Europe IoT Professional Services Market
10.4. Asia-Pacific IoT Professional Services Market Snapshot
  10.4.1. China IoT Professional Services Market
  10.4.2. India IoT Professional Services Market
  10.4.3. Japan IoT Professional Services Market
  10.4.4. Australia IoT Professional Services Market
  10.4.5. South Korea IoT Professional Services Market
  10.4.6. Rest of Asia Pacific IoT Professional Services Market
10.5. Latin America IoT Professional Services Market Snapshot
  10.5.1. Brazil IoT Professional Services Market
  10.5.2. Mexico IoT Professional Services Market
  10.5.3. Rest of Latin America IoT Professional Services Market
10.6. Rest of The World IoT Professional Services Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Atos SE
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Tata Consultancy Services Limited
  11.2.3. Accenture PLC
  11.2.4. IBM Corporation
  11.2.5. General Electric Company
  11.2.6. AT&T Inc.
  11.2.7. Cognizant Technology Solutions Corporation
  11.2.8. DXC Technology Company
  11.2.9. Capgemini SE
  11.2.10. Virtusa Corporation

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global IoT Professional Services Market, report scope
TABLE 2. Global IoT Professional Services Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global IoT Professional Services Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global IoT Professional Services Market estimates & forecasts by Organization Size 2019-2029 (USD Billion)
TABLE 5. Global IoT Professional Services Market estimates & forecasts by Deployment Type 2019-2029 (USD Billion)
TABLE 6. Global IoT Professional Services Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 7. Global IoT Professional Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global IoT Professional Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global IoT Professional Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global IoT Professional Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global IoT Professional Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global IoT Professional Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global IoT Professional Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global IoT Professional Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global IoT Professional Services Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global IoT Professional Services Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row IoT Professional Services Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row IoT Professional Services Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global IoT Professional Services Market
TABLE 72. List of primary sources, used in the study of global IoT Professional Services Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global IoT Professional Services Market, research methodology
FIG 2. Global IoT Professional Services Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global IoT Professional Services Market, key trends 2021
FIG 5. Global IoT Professional Services Market, growth prospects 2022-2029
FIG 6. Global IoT Professional Services Market, porters 5 force model
FIG 7. Global IoT Professional Services Market, pest analysis
FIG 8. Global IoT Professional Services Market, value chain analysis
FIG 9. Global IoT Professional Services Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global IoT Professional Services Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global IoT Professional Services Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global IoT Professional Services Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global IoT Professional Services Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global IoT Professional Services Market, regional snapshot 2019 & 2029
FIG 15. North America IoT Professional Services Market 2019 & 2029 (USD Billion)
FIG 16. Europe IoT Professional Services Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific IoT Professional Services Market 2019 & 2029 (USD Billion)
FIG 18. Latin America IoT Professional Services Market 2019 & 2029 (USD Billion)
FIG 19. Global IoT Professional Services Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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