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Global Internet of Things (IoT) Engineering Services Market to Reach $117.6 Billion by 2027

ReportLinker
ReportLinker

In the changed post COVID-19 business landscape, the global market for Internet of Things (IoT) Engineering Services estimated at US$30. 2 Billion in the year 2020, is projected to reach a revised size of US$117.

New York, Nov. 04, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Internet of Things (IoT) Engineering Services Industry" - https://www.reportlinker.com/p06031954/?utm_source=GNW
6 Billion by 2027, growing at a CAGR of 21.4% over the analysis period 2020-2027. Product Engineering, one of the segments analyzed in the report, is projected to record a 22.8% CAGR and reach US$31.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cloud Engineering segment is readjusted to a revised 21.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $9 Billion, While China is Forecast to Grow at 20.9% CAGR

The Internet of Things (IoT) Engineering Services market in the U.S. is estimated at US$9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$20.5 Billion by the year 2027 trailing a CAGR of 20.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.3% and 18.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.8% CAGR.

Experience Engineering Segment to Record 19.3% CAGR

In the global Experience Engineering segment, USA, Canada, Japan, China and Europe will drive the 19.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.7 Billion in the year 2020 will reach a projected size of US$9.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 36 Featured) -
Accenture PLC
AGT
Arrow Sustainable Technology Solutions
AT&T
Atos SE
Bosch
Capgemini
CGI
Cisco
Cognizant
Dell Technologies Inc
Deloitte
EPAM Systems, Inc
Ericsson
Globecomm
Harman International Industries
Infosys
Integron
Jetter AG
Lochbridge Inc
Luxoft Holding Inc
NIIT Technologies
NTT Data Corporation
Rogers Communication Inc
Tata Consultancy Services
Tech Mahindra
Tech Mahindra
Tieto Corporation
Verizon Enterprise Solutions
Virtusa Corporation
Vodafone Global PLC
Wind River


Read the full report: https://www.reportlinker.com/p06031954/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Internet of Things (IoT) Engineering Services - Global Key
Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2020 through 2027 and % CAGR

Table 2: World 7-Year Perspective for Internet of Things (IoT)
Engineering Services by Geographic Region - Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets for Years 2021 & 2027

Table 3: World Recent Past, Current & Future Analysis for
Product Engineering by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 4: World 7-Year Perspective for Product Engineering by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 5: World Recent Past, Current & Future Analysis for Cloud
Engineering by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR

Table 6: World 7-Year Perspective for Cloud Engineering by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 7: World Recent Past, Current & Future Analysis for
Experience Engineering by Geographic Region - USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 8: World 7-Year Perspective for Experience Engineering by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 9: World Recent Past, Current & Future Analysis for
Analytics Services by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 10: World 7-Year Perspective for Analytics Services by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 11: World Recent Past, Current & Future Analysis for
Maintenance Services by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 12: World 7-Year Perspective for Maintenance Services by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 13: World Recent Past, Current & Future Analysis for
Security Engineering by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 14: World 7-Year Perspective for Security Engineering by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 15: World Recent Past, Current & Future Analysis for
Other Service Types by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 16: World 7-Year Perspective for Other Service Types by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 17: World Internet of Things (IoT) Engineering Services
Market Analysis of Annual Sales in US$ Million for Years 2012
through 2027

III. MARKET ANALYSIS

UNITED STATES
Internet of Things (IoT) Engineering Services Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in the United
States for 2022 (E)
Table 18: USA Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Service Type -
Product Engineering, Cloud Engineering, Experience Engineering,
Analytics Services, Maintenance Services, Security Engineering
and Other Service Types - Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 19: USA 7-Year Perspective for Internet of Things (IoT)
Engineering Services by Service Type - Percentage Breakdown of
Value Sales for Product Engineering, Cloud Engineering,
Experience Engineering, Analytics Services, Maintenance
Services, Security Engineering and Other Service Types for the
Years 2021 & 2027

CANADA
Table 20: Canada Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Service Type -
Product Engineering, Cloud Engineering, Experience Engineering,
Analytics Services, Maintenance Services, Security Engineering
and Other Service Types - Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 21: Canada 7-Year Perspective for Internet of Things
(IoT) Engineering Services by Service Type - Percentage
Breakdown of Value Sales for Product Engineering, Cloud
Engineering, Experience Engineering, Analytics Services,
Maintenance Services, Security Engineering and Other Service
Types for the Years 2021 & 2027

JAPAN
Internet of Things (IoT) Engineering Services Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Japan for
2022 (E)
Table 22: Japan Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Service Type -
Product Engineering, Cloud Engineering, Experience Engineering,
Analytics Services, Maintenance Services, Security Engineering
and Other Service Types - Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 23: Japan 7-Year Perspective for Internet of Things (IoT)
Engineering Services by Service Type - Percentage Breakdown of
Value Sales for Product Engineering, Cloud Engineering,
Experience Engineering, Analytics Services, Maintenance
Services, Security Engineering and Other Service Types for the
Years 2021 & 2027

CHINA
Internet of Things (IoT) Engineering Services Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in China for
2022 (E)
Table 24: China Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Service Type -
Product Engineering, Cloud Engineering, Experience Engineering,
Analytics Services, Maintenance Services, Security Engineering
and Other Service Types - Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 25: China 7-Year Perspective for Internet of Things (IoT)
Engineering Services by Service Type - Percentage Breakdown of
Value Sales for Product Engineering, Cloud Engineering,
Experience Engineering, Analytics Services, Maintenance
Services, Security Engineering and Other Service Types for the
Years 2021 & 2027

EUROPE
Internet of Things (IoT) Engineering Services Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Europe for
2022 (E)
Table 26: Europe Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Geographic
Region - France, Germany, Italy, UK and Rest of Europe Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR

Table 27: Europe 7-Year Perspective for Internet of Things
(IoT) Engineering Services by Geographic Region - Percentage
Breakdown of Value Sales for France, Germany, Italy, UK and
Rest of Europe Markets for Years 2021 & 2027

Table 28: Europe Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Service Type -
Product Engineering, Cloud Engineering, Experience Engineering,
Analytics Services, Maintenance Services, Security Engineering
and Other Service Types - Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 29: Europe 7-Year Perspective for Internet of Things
(IoT) Engineering Services by Service Type - Percentage
Breakdown of Value Sales for Product Engineering, Cloud
Engineering, Experience Engineering, Analytics Services,
Maintenance Services, Security Engineering and Other Service
Types for the Years 2021 & 2027

FRANCE
Internet of Things (IoT) Engineering Services Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in France for
2022 (E)
Table 30: France Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Service Type -
Product Engineering, Cloud Engineering, Experience Engineering,
Analytics Services, Maintenance Services, Security Engineering
and Other Service Types - Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 31: France 7-Year Perspective for Internet of Things
(IoT) Engineering Services by Service Type - Percentage
Breakdown of Value Sales for Product Engineering, Cloud
Engineering, Experience Engineering, Analytics Services,
Maintenance Services, Security Engineering and Other Service
Types for the Years 2021 & 2027

GERMANY
Internet of Things (IoT) Engineering Services Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Germany for
2022 (E)
Table 32: Germany Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Service Type -
Product Engineering, Cloud Engineering, Experience Engineering,
Analytics Services, Maintenance Services, Security Engineering
and Other Service Types - Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 33: Germany 7-Year Perspective for Internet of Things
(IoT) Engineering Services by Service Type - Percentage
Breakdown of Value Sales for Product Engineering, Cloud
Engineering, Experience Engineering, Analytics Services,
Maintenance Services, Security Engineering and Other Service
Types for the Years 2021 & 2027

ITALY
Table 34: Italy Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Service Type -
Product Engineering, Cloud Engineering, Experience Engineering,
Analytics Services, Maintenance Services, Security Engineering
and Other Service Types - Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 35: Italy 7-Year Perspective for Internet of Things (IoT)
Engineering Services by Service Type - Percentage Breakdown of
Value Sales for Product Engineering, Cloud Engineering,
Experience Engineering, Analytics Services, Maintenance
Services, Security Engineering and Other Service Types for the
Years 2021 & 2027

UNITED KINGDOM
Internet of Things (IoT) Engineering Services Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in the United
Kingdom for 2022 (E)
Table 36: UK Recent Past, Current & Future Analysis for
Internet of Things (IoT) Engineering Services by Service Type -
Product Engineering, Cloud Engineering, Experience Engineering,
Analytics Services, Maintenance Services, Security Engineering
and Other Service Types - Independent Analysis of Annual Sales
in US$ Million for the Years 2020 through 2027 and % CAGR

Table 37: UK 7-Year Perspective for Internet of Things (IoT)
Engineering Services by Service Type - Percentage Breakdown of
Value Sales for Product Engineering, Cloud Engineering,
Experience Engineering, Analytics Services, Maintenance
Services, Security Engineering and Other Service Types for the
Years 2021 & 2027

REST OF EUROPE
Table 38: Rest of Europe Recent Past, Current & Future Analysis
for Internet of Things (IoT) Engineering Services by Service
Type - Product Engineering, Cloud Engineering, Experience
Engineering, Analytics Services, Maintenance Services, Security
Engineering and Other Service Types - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 39: Rest of Europe 7-Year Perspective for Internet of
Things (IoT) Engineering Services by Service Type - Percentage
Breakdown of Value Sales for Product Engineering, Cloud
Engineering, Experience Engineering, Analytics Services,
Maintenance Services, Security Engineering and Other Service
Types for the Years 2021 & 2027

ASIA-PACIFIC
Internet of Things (IoT) Engineering Services Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific
for 2022 (E)
Table 40: Asia-Pacific Recent Past, Current & Future Analysis
for Internet of Things (IoT) Engineering Services by Service
Type - Product Engineering, Cloud Engineering, Experience
Engineering, Analytics Services, Maintenance Services, Security
Engineering and Other Service Types - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 41: Asia-Pacific 7-Year Perspective for Internet of
Things (IoT) Engineering Services by Service Type - Percentage
Breakdown of Value Sales for Product Engineering, Cloud
Engineering, Experience Engineering, Analytics Services,
Maintenance Services, Security Engineering and Other Service
Types for the Years 2021 & 2027

REST OF WORLD
Table 42: Rest of World Recent Past, Current & Future Analysis
for Internet of Things (IoT) Engineering Services by Service
Type - Product Engineering, Cloud Engineering, Experience
Engineering, Analytics Services, Maintenance Services, Security
Engineering and Other Service Types - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR

Table 43: Rest of World 7-Year Perspective for Internet of
Things (IoT) Engineering Services by Service Type - Percentage
Breakdown of Value Sales for Product Engineering, Cloud
Engineering, Experience Engineering, Analytics Services,
Maintenance Services, Security Engineering and Other Service
Types for the Years 2021 & 2027

IV. COMPETITION
Read the full report: https://www.reportlinker.com/p06031954/?utm_source=GNW

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