Tag Archives: engineering IoT services

North America IoT Engineering Services Market Report with Size, Share. Revenue, Top Players, Ongoing Trends and Technical Aspects Analysis with Forecast till 2023

According to TechSci Research report, North America IoT Engineering Services Market By Service, By End User Sector, By Country, Competition Forecast & Opportunities, 2013 – 2023, IoT engineering services market in North America is forecast to cross $ 11 billion by 2023. Industry 4.0 is driving the adoption of Digital Twin technology in manufacturing, transportation & logistics, utilities, healthcare, aerospace & defence, and other sectors. This growing adoption highlights the burgeoning market demand for IoT engineering services across the forementioned sectors, hence, bringing forth the era of data driven industrial automation in the marketplace, consequently, boosting the demand for IoT engineering services across the region in coming years.

South America IoT Engineering Services Market Research Revealing Top Growth Factors With Industry Size, Share, Trends and Forecast till 2023

According to TechSci Research report, South America IoT Engineering Services Market By Service, By End User Sector, By Country, Competition Forecast & Opportunities, 2013 – 2023, IoT engineering services market in South America is forecast to exhibit a CAGR of 23.5% during 2018 – 2023. Industrie 4.0 is driving the adoption of Digital Twin technology in manufacturing, transportation & logistics, utilities, healthcare, aerospace & defense, and other sectors, which is driving the demand for IoT engineering services. Moreover, growth in the market is expected to be driven by increasing number of government initiatives to promote smart technology, rising demand for smart & connected things, and growing penetration of SMACT technologies across the region.

Middle East and Africa IoT Engineering Services Market Size, Share Report with Top Players and Trends Analysis, Forecasted till 2023

According to TechSci Research report, Middle East & Africa IoT Engineering Services Market By Service, By End User Sector, By Country, Competition Forecast & Opportunities, 2013 – 2023, IoT engineering services market in the region is projected to grow at a CAGR of 23.86%, in value terms, during 2018-2023. Adoption of IoT is growing across the finance and insurance sectors, giving rise to the emergence of ‘Fin’-ternet-of-Things, along with various FinTech and InsurTech start ups. The application of IoT engineering services, majorly analytics, security and maintenance services in BFSI operations offerspromising security compliance, enhanced customer experience, automated workflow and better risk mitigation strategies. Thus, IoT engineering services market in the region is expected to register double-digit growth during forecast period.

Europe IoT Engineering Services Market to Grow at 22% CAGR until 2023

According to TechSci Research report, Europe IoT Engineering Services Market By Service, By End User Sector, By Country, Competition Forecast & Opportunities, 2013 – 2023, IoT engineering services market in the region is forecast to exhibit a CAGR of over 22% during 2018 – 2023. Growing digitalization is driving the adoption of Social, Mobile, Analytics, Cloud and Things (SMACT) technologies across various sectors, including manufacturing, transportation, logistics, finance, and energy & utilities. This adoption is adding on to the existing technological, security and business complexities, thereby requiring the deployment of IoT engineering services to ensure the smooth operational functionality.

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