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IoT Integration Market By Service Type, By Enterprise Size, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 323 Pages
  • October 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725266
Modern businesses and industries nowadays consider the adoption of various digital and automation trends to upscale their productivity and optimize their business operations. Such trends fuel integration of IoT solutions into various aspects of modern business enterprises. Furthermore, the rise in demand for IoT applications propels the growth of the global IoT in the banking market. Furthermore, increase in penetration of IoT-powered smartphones and smart wearables are expected to aid in the growth of IoT solutions in the banking industry. However, higher installation costs and complex infrastructural requirements can hamper the market growth. Conversely, advancements in the field of IoT and cloud technology are expected to offer remunerative opportunities for the expansion of the IoT integration market during the forecast period.

The IoT integration market is segmented on the basis of service type, enterprise size, industry vertical, and region. By service type, the market is fragmented into system design services, device and platform management services, application management services, network management services, testing services, and others. By enterprise size, the market is bifurcated into large enterprises and small & medium enterprises. By industry vertical, the market is classified into BFSI, Manufacturing, Healthcare, Government & Defense, Energy & Utilities, Automotive & Transportation, Retail & E-commerce, IT & Telecom, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global IoT integration market is dominated by key players, such as Accenture, ATOS SE, Capgemini, Cognizant, Dell Technology, DXC Technology, Fujitsu Limited, HCL Technologies, IBM Corporation, Infosys Limited, NTT data corporation, Salesforce Inc., Tech Mahindra, Tata Consultancy Services, Wipro, Deloitte, and Softdel. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the iot integration market analysis from 2021 to 2031 to identify the prevailing iot integration market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the iot integration market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global iot integration market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Service Type

  • System Design Services
  • Device and Platform Management Services
  • Application Management Services
  • Network Management Services
  • Testing Services
  • Others

By Enterprise Size

  • Large Enterprises
  • Small and Medium Enterprises

By Industry Vertical

  • BFSI
  • Manufacturing
  • Sector
  • Process Manufacturing
  • Discrete Manufacturing
  • Healthcare
  • Government and Defense
  • Energy and Utilities
  • Automotive and Transportation
  • Retail and E-commerce
  • IT and Telecom
  • Others

By Region

  • North America
  • U. S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • Australia
  • South Korea
  • India
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Infosys Limited
  • Accenture plc
  • ATOS SE
  • Capgemini
  • Cognizant
  • Dell Technology,
  • DXC Technology
  • Fujitsu Limited
  • HCL Technologies Ltd
  • IBM Corporation
  • NTT data corporation
  • Salesforce Inc.
  • Tech Mahindra
  • Tata Consultancy Services
  • Wipro
  • Deloitte
  • Softdel

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: IOT INTEGRATION MARKET, BY SERVICE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 System Design Services
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Device and Platform Management Services
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Application Management Services
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5 Network Management Services
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
4.6 Testing Services
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market share analysis by country
4.7 Others
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market share analysis by country

CHAPTER 5: IOT INTEGRATION MARKET, BY ENTERPRISE SIZE
5.1 Overview
5.1.1 Market size and forecast
5.2 Large Enterprises
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Small and Medium Enterprises
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country

CHAPTER 6: IOT INTEGRATION MARKET, BY INDUSTRY VERTICAL
6.1 Overview
6.1.1 Market size and forecast
6.2 BFSI
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Manufacturing
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.3.4 Manufacturing IoT Integration Market by Sector
6.3.4.1 Process Manufacturing Market size and forecast, by region
6.3.4.2 Process Manufacturing Market size and forecast, by country
6.3.4.3 Discrete Manufacturing Market size and forecast, by region
6.3.4.4 Discrete Manufacturing Market size and forecast, by country
6.4 Healthcare
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5 Government and Defense
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
6.6 Energy and Utilities
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market share analysis by country
6.7 Automotive and Transportation
6.7.1 Key market trends, growth factors and opportunities
6.7.2 Market size and forecast, by region
6.7.3 Market share analysis by country
6.8 Retail and E-commerce
6.8.1 Key market trends, growth factors and opportunities
6.8.2 Market size and forecast, by region
6.8.3 Market share analysis by country
6.9 IT and Telecom
6.9.1 Key market trends, growth factors and opportunities
6.9.2 Market size and forecast, by region
6.9.3 Market share analysis by country
7.0 Others
7.0.1 Key market trends, growth factors and opportunities
7.0.2 Market size and forecast, by region
7.0.3 Market share analysis by country

CHAPTER 7: IOT INTEGRATION MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Service Type
7.2.3 North America Market size and forecast, by Enterprise Size
7.2.4 North America Market size and forecast, by Industry Vertical
7.2.4.1 North America Manufacturing IoT Integration Market by Sector
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Service Type
7.2.5.1.3 Market size and forecast, by Enterprise Size
7.2.5.1.4 Market size and forecast, by Industry Vertical
7.2.5.1.4.1 U. S. Manufacturing IoT Integration Market by Sector
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Service Type
7.2.5.2.3 Market size and forecast, by Enterprise Size
7.2.5.2.4 Market size and forecast, by Industry Vertical
7.2.5.2.4.1 Canada Manufacturing IoT Integration Market by Sector
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Service Type
7.3.3 Europe Market size and forecast, by Enterprise Size
7.3.4 Europe Market size and forecast, by Industry Vertical
7.3.4.1 Europe Manufacturing IoT Integration Market by Sector
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Service Type
7.3.5.1.3 Market size and forecast, by Enterprise Size
7.3.5.1.4 Market size and forecast, by Industry Vertical
7.3.5.1.4.1 UK Manufacturing IoT Integration Market by Sector
7.3.5.2 Germany
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Service Type
7.3.5.2.3 Market size and forecast, by Enterprise Size
7.3.5.2.4 Market size and forecast, by Industry Vertical
7.3.5.2.4.1 Germany Manufacturing IoT Integration Market by Sector
7.3.5.3 France
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Service Type
7.3.5.3.3 Market size and forecast, by Enterprise Size
7.3.5.3.4 Market size and forecast, by Industry Vertical
7.3.5.3.4.1 France Manufacturing IoT Integration Market by Sector
7.3.5.4 Italy
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Service Type
7.3.5.4.3 Market size and forecast, by Enterprise Size
7.3.5.4.4 Market size and forecast, by Industry Vertical
7.3.5.4.4.1 Italy Manufacturing IoT Integration Market by Sector
7.3.5.5 Spain
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Service Type
7.3.5.5.3 Market size and forecast, by Enterprise Size
7.3.5.5.4 Market size and forecast, by Industry Vertical
7.3.5.5.4.1 Spain Manufacturing IoT Integration Market by Sector
7.3.5.6 Netherlands
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Service Type
7.3.5.6.3 Market size and forecast, by Enterprise Size
7.3.5.6.4 Market size and forecast, by Industry Vertical
7.3.5.6.4.1 Netherlands Manufacturing IoT Integration Market by Sector
7.3.5.7 Rest of Europe
7.3.5.7.1 Key market trends, growth factors and opportunities
7.3.5.7.2 Market size and forecast, by Service Type
7.3.5.7.3 Market size and forecast, by Enterprise Size
7.3.5.7.4 Market size and forecast, by Industry Vertical
7.3.5.7.4.1 Rest of Europe Manufacturing IoT Integration Market by Sector
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Service Type
7.4.3 Asia-Pacific Market size and forecast, by Enterprise Size
7.4.4 Asia-Pacific Market size and forecast, by Industry Vertical
7.4.4.1 Asia-Pacific Manufacturing IoT Integration Market by Sector
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Service Type
7.4.5.1.3 Market size and forecast, by Enterprise Size
7.4.5.1.4 Market size and forecast, by Industry Vertical
7.4.5.1.4.1 China Manufacturing IoT Integration Market by Sector
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Service Type
7.4.5.2.3 Market size and forecast, by Enterprise Size
7.4.5.2.4 Market size and forecast, by Industry Vertical
7.4.5.2.4.1 Japan Manufacturing IoT Integration Market by Sector
7.4.5.3 Australia
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Service Type
7.4.5.3.3 Market size and forecast, by Enterprise Size
7.4.5.3.4 Market size and forecast, by Industry Vertical
7.4.5.3.4.1 Australia Manufacturing IoT Integration Market by Sector
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Service Type
7.4.5.4.3 Market size and forecast, by Enterprise Size
7.4.5.4.4 Market size and forecast, by Industry Vertical
7.4.5.4.4.1 South Korea Manufacturing IoT Integration Market by Sector
7.4.5.5 India
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Service Type
7.4.5.5.3 Market size and forecast, by Enterprise Size
7.4.5.5.4 Market size and forecast, by Industry Vertical
7.4.5.5.4.1 India Manufacturing IoT Integration Market by Sector
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Service Type
7.4.5.6.3 Market size and forecast, by Enterprise Size
7.4.5.6.4 Market size and forecast, by Industry Vertical
7.4.5.6.4.1 Rest of Asia-Pacific Manufacturing IoT Integration Market by Sector
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Service Type
7.5.3 LAMEA Market size and forecast, by Enterprise Size
7.5.4 LAMEA Market size and forecast, by Industry Vertical
7.5.4.1 LAMEA Manufacturing IoT Integration Market by Sector
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Service Type
7.5.5.1.3 Market size and forecast, by Enterprise Size
7.5.5.1.4 Market size and forecast, by Industry Vertical
7.5.5.1.4.1 Latin America Manufacturing IoT Integration Market by Sector
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Service Type
7.5.5.2.3 Market size and forecast, by Enterprise Size
7.5.5.2.4 Market size and forecast, by Industry Vertical
7.5.5.2.4.1 Middle East Manufacturing IoT Integration Market by Sector
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Service Type
7.5.5.3.3 Market size and forecast, by Enterprise Size
7.5.5.3.4 Market size and forecast, by Industry Vertical
7.5.5.3.4.1 Africa Manufacturing IoT Integration Market by Sector

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Infosys Limited
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Accenture plc
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 ATOS SE
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Capgemini
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Cognizant
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Dell Technology,
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 DXC Technology
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Fujitsu Limited
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 HCL Technologies Ltd
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 IBM Corporation
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 NTT data corporation
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 Salesforce Inc.
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Tech Mahindra
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Tata Consultancy Services
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 Wipro
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 Deloitte
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments
9.17 Softdel
9.17.1 Company overview
9.17.2 Company snapshot
9.17.3 Operating business segments
9.17.4 Product portfolio
9.17.5 Business performance
9.17.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'IoT Integration Market,' the iot integration market size was valued at $3.8 billion in 2021, and is estimated to reach $78.1 billion by 2031, growing at a CAGR of 35.4% from 2022 to 2031.

IoT integration refers to the development of independently designed applications and databases that work well together. IoT integration entails ensuring the combination of new IoT devices, IoT data, IoT platforms, and IoT applications work effectively together in the context of developing end-to-end IoT business solutions. The Internet of Things integration market is defined as the collection of IoT integration capabilities required by IoT project implementers to properly integrate end-to-end IoT business solutions.

Furthermore, key factors that drive the IoT integration market growth include, the growth in demand for IoT applications, which propels the growth of the global IoT in the banking market. Furthermore, increase in penetration of IoT-powered smartphones and smart wearables is expected to aid in the growth of IoT solutions in the banking industry. However, higher installation costs and complex infrastructural requirements can hamper the IoT integration market growth. Conversely, advancements in the field of IoT and cloud technology are expected to offer remunerative opportunities for the expansion of the IoT integration market forecast during the period.

On the basis of service type, the system design services segment dominated the overall IoT integration market in 2021, and is expected to continue this trend during the forecast period. This is attributed to custom IoT requirements of different business sectors and regions. However, the application management services segment is expected to witness the highest growth, owing to easier application management and maintenance offerings of application management services, which is expected to fuel the growth of the global IoT integration market.

Region-wise, the IoT integration industry was dominated by North America in 2021, and is expected to retain its position during the forecast period, owing to its high expenditure on technological solutions, which is expected to drive the IoT integration market during the forecast period. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to its transforming technological and communication sector, which is expected to fuel the growth of IoT integration industry in the region in the coming few years.

KEY FINDINGS OF THE STUDY

By enterprise size, the large enterprise segment accounted for the largest IoT integration market share in 2021.

By region, North America generated the highest revenue in 2021.

By service type, the system design services segment generated the highest revenue in 2021.

The key players profiled in the IoT integration market analysis are Accenture, ATOS SE, Capgemini, Cognizant, Dell Technology, DXC Technology, Fujitsu Limited, HCL Technologies, IBM Corporation, Infosys Limited, NTT data corporation, Salesforce Inc., Tech Mahindra, Tata Consultancy Services, Wipro, Deloitte, and Softdel. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Companies Mentioned

  • Infosys Limited
  • Accenture PLC
  • Atos SE
  • Capgemini
  • Cognizant
  • Dell Technology
  • Dxc Technology
  • Fujitsu Limited
  • Hcl Technologies Ltd.
  • IBM Corporation
  • Ntt Data Corporation
  • Salesforce Inc.
  • Tech Mahindra
  • Tata Consultancy Services
  • Wipro
  • Deloitte
  • Softdel

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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