The global Internet of Things (IoT) integration market is projected to be valued at USD 8.21 Billion by 2027, according to a current analysis by Emergen Research. The global market for Internet of Things (IoT) integration is expected to expand significantly during the forecasted period, due to growing adoption of the ‘Bring Your Own Device trend’ in the modern business model. Rise in legal enforcement and regulations is anticipated to propel the market further during the forecast period. The Internet of Things (IoT) integration market is also driven by increasing federal regulators that promote the growth of data integration across different apps and devices worldwide.
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However, the dearth of uniformity of procedures for Internet of Things (IoT) would hamper the Internet of Things (IoT) integration market during the forecast period.
The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others.
The report also discusses the key players involved in the market such as Tata Consultancy Services Limited, Infosys Limited, Tech Mahindra Limited, International Business Machines Corporation (IBM), Deloitte Touche Tohmatsu Limited, Wipro Limited, Accenture plc, Capgemini SE, Cognizant Corporation, and HCL Technologies Limited as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
Key Highlights from the Report
In May 2020, Callisto Integration Corporation was acquired by Accenture plc. Callisto Integration Corporation, a consultancy and technology services company headquartered in Canada, offers automated production services to major players operating in food & beverage, chemical, utilities, and other sectors. Accenture would deliver a rare mix of production, infrastructure, and analytics capabilities with this acquisition.
The small & medium enterprises segment is the largest segment of the market, likely to expand at a CAGR of 27.6% during the forecast period. It is essential that Internet of Things (IoT) is embedded into structures for expansion of small and medium enterprises and data is a key part of it. Insertion and analysis of Big Data analytics help small and medium businesses connect with customers efficiently, improving their efficiency, lowering running costs, testing decisions, and identifying trends.
The device & platform management services segment is expected to dominate the market during the forecast period. It offers IoT makers a clear business edge and makes it easier to provide new devices effectively.
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Internet of Things (IoT) Integration market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.
Emergen Research has segmented the global Internet of Things (IoT) integration market on the basis of organization, service, application, and region.
Organization Outlook (Revenue, USD Billion; 2017–2027)
Small & Medium Enterprises
Service Outlook (Revenue, USD Billion; 2017–2027)
Application Management Services
Database Management Services
Device and Platform Management Services
Network Protocol Management Services
Third-party API Management Services
System Design & Architecture Services
Service Provisioning & Directory Management Services
Application Outlook (Revenue, USD Billion; 2017–2027)
Energy & Utilities
Smart Logistics & Transportation
Home Automation & Smart Building
Industrial Manufacturing Automation
Objectives of the Report:
Study of the global Internet of Things (IoT) Integration market size by key regions, types, and applications with reference to historical data (2017-2019) and forecast (2020-2027)
Industrial structure analysis of the Internet of Things (IoT) Integration market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Internet of Things (IoT) Integration market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Internet of Things (IoT) Integration market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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