Market Overview:
The global internet of things (IoT) integration market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for IoT-enabled devices and applications, rising adoption of cloud-based services, and growing need for real-time data analysis and insights. The global IoT integration market is segmented on the basis of type into small and medium-sized enterprises (SMEs) and big companies. SMEs are expected to account for a larger share of the market during the forecast period owing to their growing demand for innovative technologies that can improve operational efficiency. On the basis of application, the global IoT integration market is segmented into intelligent building, intelligent medical, energy, utilities, industrial production, smart retail, transportation & logistics ,and others .
Product Definition:
The term "Internet of Things" (IoT) Integration refers to the various methods and technologies used to connect physical objects or "things" to the internet. These objects can include anything from industrial machines and vehicles, to home appliances and consumer electronics. Once connected, these devices can be monitored and controlled remotely using a variety of methods, including dedicated software applications, cloud-based services, or even simple text messages.
The importance of IoT Integration lies in its ability to provide a means for monitoring and controlling devices anywhere in the world at any time. This not only allows for greater efficiency and convenience when using such devices, but also provides a level of security that is not possible with traditional manual control methods. Additionally, by connecting physical objects to the internet we are opening up new possibilities for how they can be used in conjunction with other devices or systems.
Small And Medium-Sized Enterprises:
Small and medium-sized enterprises (SMEs) are the primary end users of IoT integration. The growth factor in their usage is cost-effectiveness, which helps them to implement new technologies at a faster rate. Also, these companies have a competitive advantage over large firms as they can adapt to technological changes more quickly; thus increasing their market share in the long run.
The major drivers for small.
Big Companies:
The big companies are the major players in the market. They have a large customer base and strong brand recognition, which makes them a preferred partner for other companies to work with. Big companies offer products at lower prices as they have economies of scale and can pass on the savings to consumers by reducing their operating costs.
They also provide better services owing to their large size such that they can invest more in R&D activities or marketing campaigns, leading to higher product quality.
Application Insights:
The intelligent building segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing number of smart buildings, which are connected through the internet, is anticipated to drive demand for global internet of things integration. These buildings can be residential or commercial; however, they must be connected through an IoT network so that they can exchange data with other systems or devices.
The increasing penetration of smart meters and advanced metering systems (AMAS) across energy grids enables real-time monitoring enabling improved power distribution as well as billing purposes. This factor has led to a significant increase in AMI deployment across various industries such as utilities, oil & gas and industrial production over the past few years owing to their ability to monitor physical parameters along with associated information on a regular basis thereby providing enhanced efficiency within targeted operational limits.
Regional Analysis:
The North American regional market is anticipated to dominate the global industry owing to early adoption of IoT technologies. The region accounted for over 35% of the total revenue share in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to increasing investments in connected devices, rising demand for smart energy solutions, and rapid adoption of smart manufacturing concepts across various industrial applications.
Asia Pacific is projected to emerge as a lucrative regional market over the forecast period due towards increased government initiatives favoring widespread IoT deployment coupled with growing consumer awareness regarding connected cars and other vehicles – allowing for improved vehicle safety systems and enhanced driving experience – as well as rising demand from retail & e-commerce sector for inventory management systems that enable real-time tracking & monitoring of products throughout their distribution channels.
Growth Factors:
- Increasing demand for IoT-enabled devices and applications: The number of IoT-enabled devices is expected to grow at a CAGR of 31.5% from 2016 to 2021, reaching 28 billion units by 2021. This will create a massive demand for IoT integration solutions and services.
- Proliferation of big data and analytics: The growth of big data and analytics is providing the necessary infrastructure for the effective management and analysis of large volumes of data generated by IoT devices. This is fueling the growth of the IoT integration market as it enables businesses to derive actionable insights from their connected devices data sets.
- Emergence of cloud computing: Cloud computing is providing an efficient platform for managing large scale deployments of interconnected smart sensors and devices, thus facilitating faster deployment times for IoT projects while reducing costs associated with infrastructure maintenance requirements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Internet of Things (IoT) Integration Market Research Report
By Type
Small And Medium-Sized Enterprises, Big Companies
By Application
Intelligent Building, Intelligent Medical, Energy, Utilities, Industrial Production, Smart Retail
By Companies
TATA CONSULTANCY SERVICES, WIPRO, ATOS, ACCENTURE, INFOSYS, CAPGEMINI, HCL TECHNOLOGIES, TECH MAHINDRA, INTEL, DXC TECHNOLOGY, INTERNATIONAL BUSINESS MACHINES, COGNIZANT TECHNOLOGY SOLUTIONS, NTT Data, DELL TECHNOLOGIES, DELOITTE TOUCHE TOHMATSU, MULESOFT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Internet of Things (IoT) Integration Market Report Segments:
The global Internet of Things (IoT) Integration market is segmented on the basis of:
Types
Small And Medium-Sized Enterprises, Big Companies
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Intelligent Building, Intelligent Medical, Energy, Utilities, Industrial Production, Smart Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TATA CONSULTANCY SERVICES
- WIPRO
- ATOS
- ACCENTURE
- INFOSYS
- CAPGEMINI
- HCL TECHNOLOGIES
- TECH MAHINDRA
- INTEL
- DXC TECHNOLOGY
- INTERNATIONAL BUSINESS MACHINES
- COGNIZANT TECHNOLOGY SOLUTIONS
- NTT Data
- DELL TECHNOLOGIES
- DELOITTE TOUCHE TOHMATSU
- MULESOFT
Highlights of The Internet of Things (IoT) Integration Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small And Medium-Sized Enterprises
- Big Companies
- By Application:
- Intelligent Building
- Intelligent Medical
- Energy
- Utilities
- Industrial Production
- Smart Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Internet of Things (IoT) Integration Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Internet of Things (IoT) Integration is the process of connecting devices and systems so they can share data. This allows for more efficient operation and better insights into how a system is performing. IoT integration can also help to reduce costs by automating processes or improving efficiency.
Some of the major players in the internet of things (iot) integration market are TATA CONSULTANCY SERVICES, WIPRO, ATOS, ACCENTURE, INFOSYS, CAPGEMINI, HCL TECHNOLOGIES, TECH MAHINDRA, INTEL, DXC TECHNOLOGY, INTERNATIONAL BUSINESS MACHINES, COGNIZANT TECHNOLOGY SOLUTIONS, NTT Data, DELL TECHNOLOGIES, DELOITTE TOUCHE TOHMATSU, MULESOFT.
The internet of things (iot) integration market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Internet of Things (IoT) Integration Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Internet of Things (IoT) Integration Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Internet of Things (IoT) Integration Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Internet of Things (IoT) Integration Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Internet of Things (IoT) Integration Market Size & Forecast, 2020-2028 4.5.1 Internet of Things (IoT) Integration Market Size and Y-o-Y Growth 4.5.2 Internet of Things (IoT) Integration Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Small And Medium-Sized Enterprises
5.2.2 Big Companies
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Intelligent Building
6.2.2 Intelligent Medical
6.2.3 Energy
6.2.4 Utilities
6.2.5 Industrial Production
6.2.6 Smart Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Internet of Things (IoT) Integration Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Internet of Things (IoT) Integration Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Small And Medium-Sized Enterprises
9.6.2 Big Companies
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Intelligent Building
9.10.2 Intelligent Medical
9.10.3 Energy
9.10.4 Utilities
9.10.5 Industrial Production
9.10.6 Smart Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Small And Medium-Sized Enterprises
10.6.2 Big Companies
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Intelligent Building
10.10.2 Intelligent Medical
10.10.3 Energy
10.10.4 Utilities
10.10.5 Industrial Production
10.10.6 Smart Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Small And Medium-Sized Enterprises
11.6.2 Big Companies
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Intelligent Building
11.10.2 Intelligent Medical
11.10.3 Energy
11.10.4 Utilities
11.10.5 Industrial Production
11.10.6 Smart Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Small And Medium-Sized Enterprises
12.6.2 Big Companies
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Intelligent Building
12.10.2 Intelligent Medical
12.10.3 Energy
12.10.4 Utilities
12.10.5 Industrial Production
12.10.6 Smart Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Small And Medium-Sized Enterprises
13.6.2 Big Companies
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Intelligent Building
13.10.2 Intelligent Medical
13.10.3 Energy
13.10.4 Utilities
13.10.5 Industrial Production
13.10.6 Smart Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Internet of Things (IoT) Integration Market: Competitive Dashboard
14.2 Global Internet of Things (IoT) Integration Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TATA CONSULTANCY SERVICES
14.3.2 WIPRO
14.3.3 ATOS
14.3.4 ACCENTURE
14.3.5 INFOSYS
14.3.6 CAPGEMINI
14.3.7 HCL TECHNOLOGIES
14.3.8 TECH MAHINDRA
14.3.9 INTEL
14.3.10 DXC TECHNOLOGY
14.3.11 INTERNATIONAL BUSINESS MACHINES
14.3.12 COGNIZANT TECHNOLOGY SOLUTIONS
14.3.13 NTT Data
14.3.14 DELL TECHNOLOGIES
14.3.15 DELOITTE TOUCHE TOHMATSU
14.3.16 MULESOFT