Ubiquity of IoT Managed Services for Smart Technology Infrastructure across Verticals Prompts Growth


Published on : Sep 25, 2018

Albany, New York, September 25, 2018: To curb the shortcomings of legacy technologies and limit mounting costs, adoption of connected device infrastructure across industry verticals has reflected moderate uptick, thus propelling growth in IoT managed services market. Additionally, incorporation of smart technologies, IoT, and cloud-based applications to leverage enhanced user satisfaction is a leading growth initiator in IoT managed services market. To delve deep into recent developments and their reciprocal implications on end-user response, Market Research Hub (MRH) has included a new research report titled, ' Global Market Study on IoT Managed Services ' to its fast expanding database.

Top Market Players Eye Secure IoT Managed Services to Retain Market Growth

Eminent players in IoT managed services market landscape are inclined to rave up their technical skills to retain dominance in fiercely competitive IoT managed services market. Surmounting instances of IoT breaches augmented by deficient security systems is a primary functional area amongst top notch market players to provide industry specific IoT managed services.

HCL Unveils New IoT Labs in India and the US to Facilitate Improved IoT Managed Services

To establish a strong footing in IoT managed services market, global IoT management services provider HCL has inaugurated a host of new facilities in India and the US to benefit various IoT stakeholders in their IoT management initiatives. This development paves way for increased growth scope for HCL thereby positioning it lucratively amidst stiff competition.

Manufacturing Likely to Dominate Maximum Revenues in IoT Managed Services Market

The report houses crucial research highlights on various market segments categorized as services and industry. Based on services, IoT managed services market is bifurcated as security management services, network management services, infrastructure management services, device management services, and data management services. In terms of industry, IoT managed services market is split as manufacturing, automotive, healthcare, retail, and IT and Telecom amongst others. Further in the course of the report, readers are presented with vital market insights on the impact of market segments in pushing growth in IoT managed services market, besides allowing readers to identify the segment associated with increased revenue generation.

North America Remains Dominant in Revenue Generation in IoT Managed Services Market

Further, the report includes vital statistical data on geographical expanse of IoT managed services market, based on which IoT managed services market is demarcated as Europe, North America, Latin America, China, Japan, Middle East and Africa, South East Asia, and other APAC regions. The report enumerates marketing practices adopted by leading market players across regions to leverage growth in IoT managed services market. 

Competition Spectrum: IoT Managed Services Market

Elaborate research details articulated in this section of the report enrich readers’ understanding on various marketing tactics and tools implemented by core market players to anchor growth. New and existing market participants can engage in thorough analytical review of these strategies to incur core deductions and inferences based on which market players can facilitate lucrative business deals. Eminent market players identified in IoT managed services market comprise, Cognizant, Tech Mahindra, Honeywell International Inc., Cisco Systems , Accenture, HCL Technologies, and IBM Corporation amongst others.

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