The Global IoT Telecom Services Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The IoT Telecom Services industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the global and regional segments.
- Base Year: 2020
- Estimated Year: 2021
- Forecast Till: 2027
The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.
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A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the IoT Telecom Services market. The impact is closely studied in terms of production, import, export, and supply.
The report covers the complete competitive landscape of the Worldwide IoT Telecom Services market with company profiles of key players such as:
- Aeris
- AT&T, Inc.
- China Mobile Ltd.
- Deutsche Telekom AG
- Ericsson
- Huawei Technologies Co., Ltd
- Sprint Corporation
- Swisscom AG
- T-Mobile USA, Inc.
- Verizon Communications, Inc.
- Vodafone Group PLC.
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IoT Telecom Services Market Analysis by Connectivity Technology:
- Cellular Technologies
- LPWAN
- NB-IoT
- RF-Based
IoT Telecom Services Market Analysis by Network Management Solution:
- Network Performance Monitoring and Optimization
- Network Traffic Management
- Network Security Management
IoT Telecom Services Market Analysis by Service Type:
- Business Consulting Services
- Device and Application Management Services
- Installation and Integration Services
- IoT Billing and Subscription Management
- M2M Billing Management
IoT Telecom Services Market Analysis by Applications:
- Smart Building and Home Automation
- Capillary Networks Management
- Industrial Manufacturing and Automation
- Vehicle Telematics
- Transportation, Logistics Tracking, and Traffic Management
- Energy and Utilities
- Smart Healthcare
IoT Telecom Services Market Analysis by Geography:
- North America (USA, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)
- Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)
- The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)
Key questions answered in the report:
- What is the expected growth of the IoT Telecom Services market between 2022 to 2027?
- Which application and type segment holds the maximum share in the Global IoT Telecom Services market?
- Which regional IoT Telecom Services market shows the highest growth CAGR between 2022 to 2027?
- What are the opportunities and challenges currently faced by the IoT Telecom Services market?
- Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?
- What business strategies are the competitors considering to stay in the IoT Telecom Services market?
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According to a new market research report "IoT Telecom Services Market by Component, Connectivity Technology (Cellular, LPWAN, NB-IoT, and RF-Based), Network Management Solutions, Service (IoT Billing & Subscription and M2m Billing Management), and Application - Global Forecast to 2021", published by MarketsandMarkets™, the IoT telecom services market size estimated to grow from USD 2.90 Billion in 2016 to USD 17.67 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 43.6%.Browse 68 market data Tables and 58 Figures spread through 162 Pages and in-depth TOC on "IoT Telecom Services Market"Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=104459962The major forces driving this market are the growing need for enhanced connectivity solution to connect smart devices, critical need for smart network bandwidth management and automation in backend communication operations which is an essential pre-requisite for streamlining business processes, and the significant increase in adoption of BYOD among enterprises.
Telcos are promoting OTT applications that helps to boost the adoption of IoT telecom services.Transportation, connected logistics, and traffic management application is expected to grow at the highest CAGR in the IoT telecom services market during the forecast periodApplication of IoT with regards to connected logistics allows the clients and logistics providers to make quick adjustments, in case there is any delay in the shipment.
IoT services strengthen the supply chain management by offering them transparency so that they can take effective decisions in real-time.
Telcos offer connectivity solutions to IoT-enabled smart vehicles and trucks for location and tracking of assets, and real-time management of logistics services and control systems and smart devices to control and manage basic home functions automatically over the internet and network connectivity provided by telecom service providers.Machine to Machine (M2M) billing management services segment is expected to hold the largest market share in the IoT telecom services market and the current trend is expected to continue during the forecast periodM2M billing management services play a vital role in IoT telecom services, as they track the usage of services subscribed by users of M2M connected devices and manages the billing and rating of network-as-a service subscription offered by various telcos in the IoT space.
This empowers great revenue opportunity for telecom service providers, by providing a wide range of features including remote monitoring, ubiquitous connectivity, automatic exchange of data, real-time notification, and many others which helps in better management of M2M billing of its associated services.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=104459962North America is expected to contribute the largest market share; Asia-Pacific (APAC) to grow at the fastest rateNorth America is expected to hold the largest market share and would dominate the IoT telecom services market from 2016 to 2021, due to the presence of a large number of IoT telecom service providers offering tailored solutions to multiple application areas.
APAC offers potential growth opportunities for the IoT telecom services market to grow, as countries in the region are investing heavily in the development of IoT telecom services owing to major instances of rising adoption of smart devices and smart technologies.The major vendors in the IoT telecom services market include AT, Inc. (U.S.), Ericsson (Sweden), Verizon Communications, Inc. (U.S.), Deutsche Telekom AG (Germany), and Huawei Technologies Co., Ltd. (China), among others.About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
IoT Telecom Services Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2019-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the BT Group PLC, Aeris Communications, Inc., AT, Inc., Centurylink, Inc., Deutsche Telekom AG, IBM Corp, and Huawei Technologies Co., Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global IoT Telecom Services Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/iot-telecom-services-market/download-sampleMarket SegmentationThe broad IoT Telecom Services has been sub-grouped into the Connectivity Technology, Network Management Solution, Services type, Application and region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
