IoT Services Market 2021 – Share, Top Impacting Factors, Business Opportunities | Google, Infosys, IBM
New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact:
The IoT Services Global Market Report 2020-30 by The Business Research Company describes and explains the global IoT services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The IoT Services Global Market Report 2021 covers IoT services market drivers, IoT services market trends, IoT services market segments, IoT services market growth rate, IoT services market major players, and IoT services market size.
The IoT services market report provides an in-depth analysis of the impact of COVID-19 on the global IoT services industry, along with revised market numbers due to the effects of the coronavirus and the expected IoT services market growth numbers 2021-2030.
IoT Services Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global IoT services market is expected to grow from $139.24 billion in 2020 to $162.39 billion in 2021 at a compound annual growth rate (CAGR) of 16.6%. The internet of things (IoT) services market is expected to reach $381.16 billion in 2025 at a CAGR of 24%.
The report covers the internet of things service market segments-
1) By Type: Professional Services, Managed Services.
2) By Vertical: Manufacturing, Retail, IT & Telecom, Transportation & Logistics, Utilities, Healthcare, Energy, Others.
3) By Application: Smart Buildings, Smart Manufacturing, Smart Transport and Logistics, Smart Healthcare, Smart Retail, Smart Energy.
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