The Worldwide IoT Integration Market is Projected to reach USD 11.6 Billion by 2028, at a CAGR of 29.4%

Published Date: 23-Sep-2022

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IoT Integration Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global IoT Integration Market size is expected to reach $11.6 billion by 2028, rising at a market growth of 29.4% CAGR during the forecast period.

The Large Enterprises market dominated the Global IoT Integration Market by Organization Size in 2021, achieving a market value of $8.9 billion by 2028. It is because the IoT integration services platform is used by the major enterprise segment to enable effective management and integration of IoT devices for business operations. Large businesses are among the first to use IoT integration services. According to reports, major corporations have a greater rate of IoT integration service adoption.

The System Design & Architecture market is expected to witness a CAGR of 30.1% during (2022 - 2028). The software components required to support the system architecture are analyzed, designed, and configured as part of the system architecture and design services. The construction of new systems and the scaling of current systems are guided by system design engagement. Its enhanced system performance, offered tailored configuration guidance, and tracked how effectively system resources were being used.

The Smart Building & Home Automation market dominated the Global IoT Integration Market by Application in 2021, thereby, achieving a market value of $3.2 billion by 2028. It is due to the development of connected devices for homes and buildings is furthering the idea of "IoT home automation." With the help of IoT home automation, businesses will be able to engage with their customers to provide better service, more value, and more innovation.

The North America market dominated the Global IoT Integration Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4.2 billion by 2028, growing at a CAGR of 28.5 % during the forecast period. The Europe market would showcase a CAGR of 28.6% during (2022 - 2028). Additionally, The Asia Pacific market is anticipated to grow at a CAGR of 30.3% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Tata Consultancy Services Ltd., Wipro Limited, Atos Group, Accenture PLC, Fujitsu Limited, Infosys Limited, Capgemini SE, HCL Technologies Ltd. (HCL Enterprises), IBM Corporation, Cognizant Technology Solutions Corporation and NTT Data Corporation.

Global IoT Integration Market Segmentation

By Organization Size

  • Large Enterprises
  • Small & Medium Sized Enterprises

By Service

  • Device & Platform Management Services
  • System Design & Architecture
  • Testing Services
  • Application Management Services
  • Network Management Services
  • Service Provisioning & Directory Management
  • Third-party API Management Services
  • Database & Block Storage Management Services
  • Advisory Services
  • Infrastructure & Workload Management Services

By Application

  • Smart Building & Home Automation
  • Industrial Manufacturing & Automation
  • Smart Healthcare
  • Smart Retail
  • Smart Transportation, Logistics & Telematics
  • Energy & Utilities

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Tata Consultancy Services Ltd.
  • Wipro Limited
  • Atos Group
  • Accenture PLC
  • Fujitsu Limited
  • Infosys Limited
  • Capgemini SE
  • HCL Technologies Ltd. (HCL Enterprises)
  • IBM Corporation
  • Cognizant Technology Solutions Corporation
  • NTT Data Corporation

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America IoT Integration Market size & Opportunities 2022-2028

Europe IoT Integration Market & Growth Forecast 2022-2028

Asia Pacific IoT Integration Market Share & Industry Outlook to 2028

LAMEA IoT Integration Market Growth, Trends & Forecasts 2022-2028

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