IoT Telecom Services Market Opportunities, Demand, Growth, Application and Forecast to 2027 | Impact of COVID-19

 Market Highlights

The increase in the application of IoT telecom services across different industries. It is due to growing need for improved connectivity can drive the IoT telecom services market in the year to come. The high demand for IoT telecom services across smart buildings, vehicle telematics, and industrial automation can boost the rise of the IoT telecom services global market in the assessment period. Moreover, technologies, such as wide-area (LPWAN) and low-power are actively replacing short-range wireless, along with mobile WAN technologies, such asm Wi-Fi, Bluetooth, and Near Field Communication (NFC) for short range applications. This can prompt the expansion of the market in the years to come. The high compatibility of IoT applications with gadgets of complex infrastructure can boost the expansion of the market.

Market Research Future (MRFR), in its latest report on the world IoT telecom services market reveals that the IoT telecom services market 2020 can rise at 36.96% CAGR by 2023. As per MRFR study, the IoT telecom services global market size can increase from USD 3.45 Bn in 2017 to USD 22.57 Bn by 2023.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7235

Regional Analysis

MRFR regional study reveals that the market of IoT telecom services is expected to rise significantly through 2018 to 2023 in North America. The geographical analysis of the world IoT telecom services market across Europe, North America, Asia-Pacific, and the rest of the world brings in spotlight various growth pockets. The sharp rise in the North America IoT telecom services market can be attributed the presence of tech savvy population. The rise in adoption of IoT enabled services across the US owing to the high utility of connected devices and related technologies can act as major driver for the IoT telecom services market in the North America region. In Europe, the IoT telecom services market can secure the second position in the world IoT telecom services market across the review period. In Asia Pacific, the rise in need for IoT enabled services can cause the IoT telecom service market to rise at a high CAGR through the forecast period.

Segmentation:

The world IoT telecom services market segmental study is based on application, component, connectivity technology, services type, application, and network management solution. The component based segments of the market are network management solution, connectivity technology, and services. The connectivity technology based segments of the market are Low-power Wide Area Network (LPWAN), cellular technologies, radio frequency-based, narrowband-IoT (NB-IOT), others. The network management solution based segments of the market are network performance monitoring and network optimization, network security management, network traffic management,   and others. The services type based segments of the market are Device and Application Management Services, Business Consulting Services, IoT Billing and Subscription Management, Installation and Integration Services, and M2M Billing Services. The application based segments of the IoT telecom services market are capillary network management, smart buildings, vehicle telematics, industrial automation, energy and utilities, transportation and traffic management, transportation and traffic management, smart healthcare, and others.

Key Players

MRFR identified some reputed players operating in the world IoT telecom services market. They are; Verizon Communications, Inc. (US), AT&T, Inc. (US), Huawei Technologies Co., Ltd. (China), Ericsson (Sweden), Telia (Sweden), Deutsche Telekom AG (Germany), Sprint Corporation (US), Aeris (France), Vodafone (UK), and Mobile (US), China Mobile (China), China Telecom (China), and Swisscom AG (Switzerland), and among. The contribution of these major players are studied MRFR and are inked in the report. Key players of the IoT telecom services market were sorted based on origin, regional presence, major developments, and diversification of their product line, plus industry expertise.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/iot-telecom-services-market-7235

IoT telecom services Market, by Component (Connectivity Technology, Network Management Solution, Services), by Connectivity Technology (Cellular Technologies, LPWAN, NB-IoT, Radio Frequency-Based), by Network management Solutions (Network Performance Monitoring and Network Optimization, Network Traffic Management), by Service Type (Business Consulting Services, Device and Application Management Services), by Application (Smart Buildings, Capillary Network Management) — Global Forecast till 2023

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                    

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

IT Asset Management Software Market Share, Growth Factors, Comprehensive Research, Analysis by Leading Companies with Forecast till 2027 | Coronavirus Effects

  Market Highlights The IT assets include the hardware component as well as the software component. IT asset management software has a prominent role in the growth strategy of an enterprise. It helps the senior level management to make accurate purchase decisions. IT asset management is also referred to as IT inventory management as it largely involves the collection of information, regarding hardware and software used in an organization. The IT asset management software market is estimated to reach a valuation of USD 3 Bn towards the end of 2023. The software has developed a significant role in devising growth strategies of enterprises which is likely to accelerate its adoption over the next couple of years. Additionally, the reduced cost of software licensing by relocating non-utilized resources is expected to fuel the growth of the market. IT asset management can be categorized as hardware asset management, digital asset management, and software asset management. Get a F...
Read more

Intelligent Railway Transport System Market Key Findings, Regional Analysis, Top Key Players, Profiles and Future Prospects | Impact of COVID-19

  Market Scenario: The intelligent railway transport system facilitates the use of information technology for managing the services provided by the railways. The railway relies on the radio network and the GPS system for effective implementation of intelligent transport system. The intelligent railway transport system market is majorly driven by its ability of providing high security for the passengers and the high service quality to the customers. The market will also grow with the increase in adoptions of internet of things technology in the railway system. The increasing trend of internet services is contributing in the growth of Intelligent Railway Transport System Market. The increasing use of rail transport among all modes of transportation has created an effective and timely management of services among others such as scheduling of trains. Whereas, the increased need for adoption of intelligent transport system in railways has made this possible and hence has increased the...
Read more

Network Slicing Market Research Report- Forecast till 2026

  Market Highlights The global network slicing market is projected to reach USD 1,936.67 million by 2026, registering a CAGR of 51.48% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the network slicing market to offer a better glimpse into the coming years Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/10624 Segmentation: The global network slicing market has been segmented based on component, end user, application, and region Based on component, the global network slicing market has been segmented into solution and services. The services segment is further sub-divided into professional and managed services. The solution segment is expected to account for a significant market share over the projected period. The increasing adoption of network slicing solutions in the market for delivering high-speed network coverage services across various end users contributes to the growth of...
Read more