IoT Managed Services Market - Estimated to Reach a Value US$ 94.3 Billion by 2026

Apr 2nd 2019 at 4:28 AM

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “IoT Managed Services Market - Estimated to Reach a Value US$ 94.3 Billion by 2026”. The fact-based research report on the global IoT Managed Services market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

This research report provides a detailed analysis of the global IoT managed services market and offers insights on various factors such as applications and services provided by global IoT managed services. The IoT managed services market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. This IoT managed services market report segregates the market based on services and industries across different regions worldwide. Key players are introducing technological advancements in services, which is acting as a major driver for the global IoT managed services market.

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The report starts with an overview of the global IoT managed services market in terms of value. In addition, this section includes the analysis of key trends, drivers, and restraints that are influencing the global IoT managed services market. Impact analysis of key growth drivers and restraints are included in this report to facilitate clients with crystal clear decision-making insights.

Revenue generated by the global IoT Managed Services Market is estimated to exhibit a double-digit CAGR, and hence, reach US$ 94.3 Bn by 2026. On the basis of IoT managed services type, the network management segment is estimated to hold the largest share of the IoT managed services market in 2026. On the basis of industry, the manufacturing IoT managed services segment is estimated to hold approximately 27.5% of the market share in 2026. However, the healthcare sector in the IoT managed services market is expected to project the highest CAGR in 2018-2026. On the basis of the IoT managed services segment, the infrastructure management services segment is estimated to exhibit a CAGR of 20.3% during the forecast period.

The global IoT managed services market is categorized on the basis of services, industry, and region. On the basis of services, the market is segmented into security management services, network management services, infrastructure management services, device management services, and data management services. On the basis of industry, the global IoT managed services market is segmented into manufacturing, automotive, healthcare, retail, IT & telecom, and others.

A detailed analysis has been provided for every segment in terms of market size analysis for IoT managed services across different regions. It provides a market outlook for 2018–2026, and sets the forecast within the context of IoT, which includes the latest technological developments as well as service offerings in the market. This study discusses key trends within regions contributing to the growth of the market, as well as analyzes degrees at which drivers are influencing this market in regions. Key regions and countries assessed in this report include North America (U.S. and Canada), Latin America (Brazil, Mexico, and Rest of Latin America), Europe (Germany, Italy, France, U.K., Spain, Russia, and Rest of Europe), SEA & Other APAC (India, Indonesia, Philippines, Thailand, Malaysia, Oceania, and Rest of SEA), Japan, China, and Middle East and Africa (GCC countries, South Africa , Turkey, Northern Africa, and Rest of MEA).

This report evaluates the present scenario and the growth prospects of the IoT managed services market across various regions globally for the period 2018 –2026. We have considered 2017 as the base year, and provided data for the remaining 12 months. The forecast presented here assesses the total revenue by value across the market. To offer an accurate forecast, we started by sizing the current market, which forms the basis of how the IoT managed services market will develop in the future. Given the characteristics of the market, we triangulated the outcome of different services & components, and analyzed based on technology trends.

In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the market.

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In the final section of the report, we include a competitive landscape to provide clients a dashboard view based on categories of providers in the value chain, their presence in the IoT managed services portfolio, and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment in the IoT managed services value chain and potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term & short-term strategies, key offerings, and recent developments in the IoT managed services space. Key competitors covered in the IoT managed services value chain are Cognizant Technology Solutions Corporation, Tech Mahindra, Cisco Systems Inc., Oracle, IBM Corporation, Accenture, HCL Technologies Limited, Microsoft Corporation, Honeywell International Inc., and Google LLC, among others.

Key Segments Covered

By IoT managed services type

Security Management Services

Network Management Services

Infrastructure Management Services

Device Management Services

Data Management Services

By IoT managed services industry type





IT & Telecom


Key Regions Covered

North America IoT Managed Services Market

United States


Latin America IoT Managed Services Market



Rest of Latin America

Europe IoT Managed Services Market







Rest of Europe

SEA IoT Managed Services Market







Rest of SEA and Others of Asia Pacific

Japan IoT Managed Services Market

China IoT Managed Services Market

Middle East and Africa IoT Managed Services Market

Northern Africa

GCC Countries

South Africa


Rest of MEA

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