Market Overview:
The global IoT consulting service market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for IoT consulting services from large enterprises and SMEs across different regions. The online service segment is expected to account for the majority share of the global IoT consulting service market during the forecast period, followed by offline services. North America is expected to hold the largest share of the global IoT consulting service market in 2018, followed by Europe and Asia Pacific.
Product Definition:
IoT Consulting Service is a service that helps customers to understand, design, build and deploy IoT solutions. The importance of IoT Consulting Service is that it can help businesses to connect devices and sensors to the internet and then analyze the data collected from them in order to make better decisions.
Online Service:
Online service is a software-as-a-service (SaaS) model that provides web applications, email, and other online services. The growth factor in the IoT consulting service market is increasing adoption of online services by consumers due to its cost effectiveness and convenience. Also, it helps companies to reach their customers across different geographical locations with ease.
IoT devices are becoming more popular among businesses as they help them improve their productivity.
Offline Service:
Offline service is a type of support and maintenance services that are provided to the customers in the form of physical access to devices, systems or infrastructure. The offline service includes troubleshooting, repair & diagnostics and other related activities. It also helps users with product training & education and guidance for future deployments.
Application Insights:
The large enterprises segment dominated the market in 2017. The segment will expand further over the next few years as IoT solutions are increasingly deployed in various industries such as manufacturing, oil & gas, healthcare, and transportation. Furthermore, many large enterprises have started to adopt IoT technologies owing to benefits such as improved operational efficiency and enhanced customer experience. This is expected to drive demand over the forecast period for this application segment.
The small and medium-sized enterprise (SME) sector is anticipated to witness significant growth over the forecast period due to increasing adoption of connected devices across several industry verticals including energy, retail/logistics automation systems etc., Moreover, SMEs can also take advantage of online services that offer remote monitoring & management capabilities for a low cost than local consultants or companies do it themselves approach which may not be economical for larger organizations but still affordable by smaller businesses with limited budgets.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing adoption of cloud technology and rising demand for connected devices. Increasing number of smart city projects across countries such as China, Japan, and India are also expected to drive the IoT consulting services market in this region. For instance, according to GSMA, there were 1.3 billion internet users in Asia Pacific in 2017 out of which 53% resided in India and 39% resided in China (source).
Growth Factors:
- Increasing demand for IoT-based solutions from various industry verticals
- Proliferation of low-cost sensors and connected devices
- Rising demand for real-time analytics and insights from data collected by IoT devices
- Growing popularity of cloud platforms and big data technologies for storing, processing, and analyzing large volumes of IoT data
- Emergence of new business models that are enabled by the deployment of IoT solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Consulting Service Market Research Report
By Type
Online Service, Offline Service
By Application
Large Enterprises, SMEs
By Companies
T-Systems International, 7EDGE Internet Private Limited, Appnovation Technologies, Bacancy Technology, Bain & Company, Bosch Software Innovations, Cloud Technology Partners, Connexis, Contus, Cybercom Group, Device Insight, einfochips, Eurotech, Ernst & Young (E&Y), Fresh Consulting, IBM, InnovationPoint LLC, IT Convergence, Kore Wireless, Larsen & Toubro Infotech Limited, Manley Solutions, Oxagile, OZ | Digital Solutions Consulting, Redsalt, Provectus, Rockwell Automation, ScienceSoft, Sirius Computer Solutions, Solution Analysts, ThingTrax
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global IoT Consulting Service Market Report Segments:
The global IoT Consulting Service market is segmented on the basis of:
Types
Online Service, Offline Service
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
Large Enterprises, SMEs
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:
- T-Systems International
- 7EDGE Internet Private Limited
- Appnovation Technologies
- Bacancy Technology
- Bain & Company
- Bosch Software Innovations
- Cloud Technology Partners
- Connexis
- Contus
- Cybercom Group
- Device Insight
- einfochips
- Eurotech
- Ernst & Young (E&Y)
- Fresh Consulting
- IBM
- InnovationPoint LLC
- IT Convergence
- Kore Wireless
- Larsen & Toubro Infotech Limited
- Manley Solutions
- Oxagile
- OZ | Digital Solutions Consulting
- Redsalt
- Provectus
- Rockwell Automation
- ScienceSoft
- Sirius Computer Solutions
- Solution Analysts
- ThingTrax
Highlights of The IoT Consulting Service 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:
- Online Service
- Offline Service
- By Application:
- Large Enterprises
- SMEs
- 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 IoT Consulting Service 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
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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?
IoT Consulting Service is a professional services company that provides consulting, engineering, and technology solutions for the Internet of Things. The company offers a range of services including IoT strategy and planning, product development, system integration and management, data analytics and security.
Some of the major companies in the iot consulting service market are T-Systems International, 7EDGE Internet Private Limited, Appnovation Technologies, Bacancy Technology, Bain & Company, Bosch Software Innovations, Cloud Technology Partners, Connexis, Contus, Cybercom Group, Device Insight, einfochips, Eurotech, Ernst & Young (E&Y), Fresh Consulting, IBM, InnovationPoint LLC, IT Convergence, Kore Wireless, Larsen & Toubro Infotech Limited, Manley Solutions, Oxagile, OZ | Digital Solutions Consulting, Redsalt, Provectus, Rockwell Automation, ScienceSoft, Sirius Computer Solutions, Solution Analysts, ThingTrax.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IoT Consulting Service 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 IoT Consulting Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IoT Consulting Service 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 IoT Consulting Service 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 IoT Consulting Service Market Size & Forecast, 2018-2028
4.5.1 IoT Consulting Service Market Size and Y-o-Y Growth
4.5.2 IoT Consulting Service Market Absolute $ Opportunity
Chapter 5 Global IoT Consulting Service 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 IoT Consulting Service Market Size Forecast by Type
5.2.1 Online Service
5.2.2 Offline Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IoT Consulting Service 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 IoT Consulting Service Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IoT Consulting Service 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 IoT Consulting Service 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 IoT Consulting Service Analysis and Forecast
9.1 Introduction
9.2 North America IoT Consulting Service 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 IoT Consulting Service Market Size Forecast by Type
9.6.1 Online Service
9.6.2 Offline Service
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 IoT Consulting Service Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
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 IoT Consulting Service Analysis and Forecast
10.1 Introduction
10.2 Europe IoT Consulting Service 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 IoT Consulting Service Market Size Forecast by Type
10.6.1 Online Service
10.6.2 Offline Service
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 IoT Consulting Service Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
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 IoT Consulting Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IoT Consulting Service 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 IoT Consulting Service Market Size Forecast by Type
11.6.1 Online Service
11.6.2 Offline Service
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 IoT Consulting Service Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
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 IoT Consulting Service Analysis and Forecast
12.1 Introduction
12.2 Latin America IoT Consulting Service 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 IoT Consulting Service Market Size Forecast by Type
12.6.1 Online Service
12.6.2 Offline Service
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 IoT Consulting Service Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
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) IoT Consulting Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IoT Consulting Service 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) IoT Consulting Service Market Size Forecast by Type
13.6.1 Online Service
13.6.2 Offline Service
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) IoT Consulting Service Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
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 IoT Consulting Service Market: Competitive Dashboard
14.2 Global IoT Consulting Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 T-Systems International
14.3.2 7EDGE Internet Private Limited
14.3.3 Appnovation Technologies
14.3.4 Bacancy Technology
14.3.5 Bain & Company
14.3.6 Bosch Software Innovations
14.3.7 Cloud Technology Partners
14.3.8 Connexis
14.3.9 Contus
14.3.10 Cybercom Group
14.3.11 Device Insight
14.3.12 einfochips
14.3.13 Eurotech
14.3.14 Ernst & Young (E&Y)
14.3.15 Fresh Consulting
14.3.16 IBM
14.3.17 InnovationPoint LLC
14.3.18 IT Convergence
14.3.19 Kore Wireless
14.3.20 Larsen & Toubro Infotech Limited
14.3.21 Manley Solutions
14.3.22 Oxagile
14.3.23 OZ | Digital Solutions Consulting
14.3.24 Redsalt
14.3.25 Provectus
14.3.26 Rockwell Automation
14.3.27 ScienceSoft
14.3.28 Sirius Computer Solutions
14.3.29 Solution Analysts
14.3.30 ThingTrax
