The "Internet of Things (IoT) Telecom Services - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Telecom Services estimated at US$11.9 Billion in the year 2020, is projected to reach a revised size of US$112.2 Billion by 2027, growing at a CAGR of 37.8% over the period 2020-2027.
Services, one of the segments analyzed in the report, is projected to record 38.8% CAGR and reach US$90.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solutions segment is readjusted to a revised 34.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 35.6% CAGR
The Internet of Things (IoT) Telecom Services market in the U.S. is estimated at US$3.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.9 Billion by the year 2027 trailing a CAGR of 35.6% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 34.6% and 31.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.4% CAGR.
Select Competitors (Total 37 Featured):
Aeris Communications, Inc.
BT Group PLC
China Mobile, Ltd.
Deutsche Telekom AG
Entrust Datacard Corp.
HARMAN International Industries, Inc.
Huawei Technologies Co., Ltd.
Nippon Telegraph & Telephone Corp.
Singapore Telecommunications, Ltd.
Softbank Group Corp.
Telefonaktiebolaget LM Ericsson
T-Mobile USA, Inc.
Vodafone Group PLC
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total Companies Profiled: 37
For more information about this report visit https://www.researchandmarkets.com/r/dboj56
View source version on businesswire.com: https://www.businesswire.com/news/home/20210514005296/en/
Laura Wood, Senior Press Manager
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