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IoT Managed Services Global Market Report 2022: Ukraine-Russia War Impact

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    Report

  • 175 Pages
  • December 2022
  • Region: Global
  • The Business Research Company
  • ID: 5699746
Major players in the IoT managed services market are Cisco Systems Inc, IBM Corporation, HCL Technologies ltd, HARMAN International, Cognizant Technology Solutions Corporation, GOOGLE INC, Infosys Limited, Wipro Limited, Microsoft Corporation, Tata Consultancy Services, Tech Mahindra Limited, Accenture PLC, Oracle Corporation, Intel Security Group, Hewlett Packard Enterprise Co, Tieto Corporation, Virtusa Corporation, Qualcomm Incorporated and AT&T.

The global IoT managed services market is expected to grow from $47.80 billion in 2021 to $61.46 billion in 2022 at a compound annual growth rate (CAGR) of 28.57%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The IoT managed services market is expected to reach $162.12 billion in 2026 at a compound annual growth rate (CAGR) of 27.44%.

The IoT managed services market consists of sales of IoT managed services by entities (organizations, sole traders, and partnerships) that aid in IoT environment management. It defines a suitable business strategy for digital transformation and enables organizations to bring together the right mix of IoT products and solutions.

The main type of IoT managed services are infrastructure management services, security management services, network management services, data management services, and device management services. Security management services are used to provide a foundation for an organization's cybersecurity strategy. Security managed services locate and safeguard a company's or group's resources and procedures. The end-users using these services are automotive & transport, IT & telecom, healthcare, BFSI manufacturing, and others, and different organization size are SMEs and large enterprises.

North America was the largest region in the IoT managed services market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT managed services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing use of IoT managed services solutions in the automotive, electronic goods, and information and telecommunications industries will propel the growth of the IoT managed services market. The primary factors boosting the IoT managed services are the present long-term evolution (LTE) deployment and technical developments in numerous areas. IoT-managed services are widely used in the automotive, consumer electronics, and telecom industries. For instance, in 2020, 91% of the cars sold in the US were IoT-connected which is 13 million IoT-connected vehicles and is expected to reach 115 million by 2025. The IoT in the cars can predict car maintenance by collecting data from sensors, assessing any issues, communicating the information through the cloud, and then informing the driver. The predictive analysis of car maintenance increases the use of IoT in automotive. Therefore, the increasing use of IoT managed services solutions in the automotive, electronic goods, and information and telecommunications industries will drive the growth of the IoT managed services market.

Technological advancements are a key trend gaining popularity in the IoT managed services market. Modern cloud-based technology has helped IoT-managed services companies ensure data is backed up and protected in a secure and safe location. Cloud-based services for connecting, monitoring, and managing IoT devices are presented. Cloud providers provide IoT services that combine required features into a complete solution that includes connectivity between devices and the cloud, data processing from devices, and interaction with connected devices via the application. For instance, in May 2019, Integrated Telecom Company, a telecom provider, introduced a new suite of Managed Security Services (MSS) to assist organizations with monitoring, threat detection, incident handling, and ongoing cybersecurity risk management. These MSS services offer proactive and comprehensive security monitoring of network devices, endpoints, cloud, and SAAS environments.

In July 2021, Taoglas, a United States-based provider of digital transformation using IoT, acquired Smartsensor Technologies for an undisclosed amount. With this acquisition, the company provides the opportunity to expand industrial and enterprise-level IoT services and will accelerate plans for the growth of connected smart services. Smartsensor Technologies is an Australia-based company that provides IoT-managed Services.

The countries covered in the IoT managed services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The IoT managed services market research report is one of a series of new reports that provides IoT managed services market statistics, including IoT managed services industry global market size, regional shares, competitors with an IoT managed services market share, detailed IoT managed services market segments, market trends and opportunities, and any further data you may need to thrive in the IoT managed services industry. This IoT managed services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.



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Frequently Asked Questions about the Global Iot Managed Services Market

What is the estimated value of the Global Iot Managed Services Market?

The Global Iot Managed Services Market was estimated to be valued at $61.46 billion in 2022.

What is the growth rate of the Global Iot Managed Services Market?

The growth rate of the Global Iot Managed Services Market is 27.4%, with an estimated value of $162.12 billion by 2026.

What is the forecasted size of the Global Iot Managed Services Market?

The Global Iot Managed Services Market is estimated to be worth $162.12 billion by 2026.

Who are the key companies in the Global Iot Managed Services Market?

Key companies in the Global Iot Managed Services Market include Cisco Systems Inc., IBM Corporation, HCL Technologies ltd. and Cognizant Technology Solutions Corporation.

Table of Contents

1. Executive Summary2. IoT Managed Services Market Characteristics3. IoT Managed Services Market Trends And Strategies
4. IoT Managed Services Market - Macro Economic Scenario
4.1. COVID-19 Impact On IoT Managed Services Market
4.2. Ukraine-Russia War Impact On IoT Managed Services Market
4.3. Impact Of High Inflation On IoT Managed Services Market
5. IoT Managed Services Market Size And Growth
5.1. Global IoT Managed Services Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global IoT Managed Services Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. IoT Managed Services Market Segmentation
6.1. Global IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Infrastructure Management Services
  • Security Management Services
  • Network Management Services
  • Data Management Services
  • Device Management Services
6.2. Global IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Automotive And Transport
  • Information Technology And Telecom
  • Healthcare
  • Banking, Financial Services, And Insurance (BFSI)
  • Manufacturing
  • Other End-Users
6.3. Global IoT Managed Services Market, Segmentation By Organization Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Small And Medium Enterprises
  • Large Enterprises
7. IoT Managed Services Market Regional And Country Analysis
7.1. Global IoT Managed Services Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global IoT Managed Services Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific IoT Managed Services Market
8.1. Asia-Pacific IoT Managed Services Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China IoT Managed Services Market
9.1. China IoT Managed Services Market Overview
9.2. China IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India IoT Managed Services Market
10.1. India IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan IoT Managed Services Market
11.1. Japan IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia IoT Managed Services Market
12.1. Australia IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia IoT Managed Services Market
13.1. Indonesia IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea IoT Managed Services Market
14.1. South Korea IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe IoT Managed Services Market
15.1. Western Europe IoT Managed Services Market Overview
15.2. Western Europe IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK IoT Managed Services Market
16.1. UK IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany IoT Managed Services Market
17.1. Germany IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France IoT Managed Services Market
18.1. France IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.2. France IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe IoT Managed Services Market
19.1. Eastern Europe IoT Managed Services Market Overview
19.2. Eastern Europe IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia IoT Managed Services Market
20.1. Russia IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America IoT Managed Services Market
21.1. North America IoT Managed Services Market Overview
21.2. North America IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA IoT Managed Services Market
22.1. USA IoT Managed Services Market Overview
22.2. USA IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America IoT Managed Services Market
23.1. South America IoT Managed Services Market Overview
23.2. South America IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil IoT Managed Services Market
24.1. Brazil IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East IoT Managed Services Market
25.1. Middle East IoT Managed Services Market Overview
25.2. Middle East IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa IoT Managed Services Market
26.1. Africa IoT Managed Services Market Overview
26.2. Africa IoT Managed Services Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa IoT Managed Services Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. IoT Managed Services Market Competitive Landscape And Company Profiles
27.1. IoT Managed Services Market Competitive Landscape
27.2. IoT Managed Services Market Company Profiles
27.2.1. Cisco Systems Inc
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. IBM Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. HCL Technologies ltd
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. HARMAN International
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Cognizant Technology Solutions Corporation
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The IoT Managed Services Market29. IoT Managed Services Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer

Executive Summary

IoT Managed Services Global Market Report 2022: Ukraine-Russia War Impact provides the strategists, marketers and senior management with the critical information they need to assess the global IoT managed services market.

This report focuses on IoT managed services market which is experiencing strong growth. The report gives a guide to the IoT managed services market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
  • Impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the IoT managed services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The IoT Managed Services market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider IoT managed services market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Our forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of covid 19 on supply chains and consumption patterns.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The IoT managed services market section of the report gives context. It compares the IoT managed services market with other segments of the IoT managed services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, IoT managed services indicators comparison.

Scope

Markets Covered:

1) By Service Type: Infrastructure Management Services; Security Management Services; Network Management Services; Data Management Services; Device Management Services
2) By End-Users: Automotive And Transport; Information Technology And Telecom; Healthcare; Banking, Financial Services, And Insurance (BFSI); Manufacturing; Other End-Users
3) By Organization Size: Small And Medium Enterprises; Large Enterprises

Companies Mentioned: Cisco Systems Inc.; IBM Corporation; HCL Technologies ltd.; HARMAN International; Cognizant Technology Solutions Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Cisco Systems Inc.
  • IBM Corporation
  • HCL Technologies ltd.
  • HARMAN International
  • Cognizant Technology Solutions Corporation

Methodology

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