IoT Engineering Services Market: Industry Insights, Trends And Forecast To 2032

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IoT Engineering Services Global Market Report
2023
Market Size, Trends and Global Forecast 2023-2032
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IoT Engineering Services Market Segments
The Business Research Company segments its IoT
engineering services market report as
Product Engineering, Cloud Engineering,
Experience Engineering, Analytics Services,
Maintenance Services, Security Engineering
By Service Type
By Size Of Organization
Small Enterprises, Mid-Size Enterprises, Large
Enterprises
Healthcare, Automotive, Information Technology
And Telecom, Building Automation, Agriculture,
Public Utility, Retail
By End Users
By End Users
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Market Statistics
The global IoT engineering services market size
grew from 25.24 billion in 2022 to 31.22
billion in 2023 at a compound annual growth rate
(CAGR) of 23.7. The IoT engineering services
market size is expected to grow to 71.25 billion
in 2027 at a CAGR of 22.9.
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Key Market Drivers And Trends
Drivers
The rising demand for IoT solutions for smart
manufacturing is expected to propel the IoT
engineering services market
Trends
Technological advancement is a key trend gaining
popularity in the IoT engineering services market.
Region
North America was the largest region in the IoT
engineering services market in 2022. Asia-Pacific
is expected to be the fastest-growing region in
the forecast period. The regions covered in the
IoT engineering services market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, the Middle East,
and Africa.
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Key Market Players

• Major players in the IoT engineering services
  market are
• Tata Consultancy Services
• Infosys Limited
• Cognizant
• Capgemini SE
• Wipro Limited
• Cisco Systems Inc
• And more.

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