Internet of things (IoT) is a physical object network that contains integrated technologies that allow it to connect, sense, and interact with internal or external environments. It is a collection of end-to-end services where companies contract with external vendors to design, build, install, and operate IoT solutions, including consulting advice for IoT planning. The main components of IoT in manufacturing are solution, platform and service. The various services offered include managed services, professional services that are used for network management, data management, device management, application management and smart surveillance. The applications, tools, and processes used to provision, operate, maintain, administer, and secure network infrastructure are referred to as network management. The overarching role of network management is to ensure that network resources are available to users in an efficient, effective, and timely manner. The IoT manufacturing in different platform such as device management platform, application management platform, connectivity management platform that are used for process optimization, predictive maintenance, asset management, workforce management, emergency and incident management, logistics and supply chain management and inventory management. The industry verticals involved are energy and utilities, automotive, food and beverages, aerospace and defense, chemicals and materials, high-tech products and healthcare. The IoT in manufacturing market research report is one of a series of new reports from The Business Research Company that provides IoT in manufacturing market statistics, including IoT in manufacturing industry global market size, regional shares, competitors with a IoT in manufacturing market share, detailed IoT in manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the IoT in manufacturing industry. This IoT in manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global iot in manufacturing market size will grow from $209.44 billion in 2022 to $252.23 billion in 2023 at a compound annual growth rate (CAGR) of 20.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global iot in manufacturing market size is expected to grow to $461.13 billion in 2027 at a CAGR of 16.3%. Increasing need for customized products are expected to benefit the IoT in manufacturing market, as they enhance capabilities of manufacturers in discovering innovative ways to create customized products. Customers focus on tailor-made products lead to increase in demand for shorter manufacturing time. Companies in the industry are being pressurized to deliver enhanced and innovative products at a faster pace. Internet of things is one of the technological enablers for digitally transforming manufacturing and facilitating manufacturers to manufacture products in shorter duration. For instance, Harley-Davidson leveraged IoT to reform its manufacturing facility in York, Pennsylvania which helped the company to significantly reduce the time of producing a motorbike from a 21-day cycle to six hours. Industrial and commercial refrigeration equipment and transportation manufacturers are increasingly integrating IOT technology and customizing products to enhance utility. Aircraft Manufacturers such as Airbus SE, ATR, Bombardier Inc., Embraer SA, and The Boeing Company are integrating IoT technologies to their products to minimize production costs. The increasing data breaches and security concerns the adoption of latest technologies, limiting the growth of IoT in manufacturing market. The growing adoption of IoT devices in industries is expected to increase the number of IoT security threats. Gartner predicts that the security threat in IoT devices is high that around 25 percent of attacks in enterprises will involve IoT and the spending on its security is estimated to reach $547 million. For instance, around 1,935 data breaches and 42,068 incidents were confirmed in the Verizon’s data breach investigations report and no business or industry is 100% safe when it comes to the compromise of data. The increasing use of Digital Twins implemented by manufacturing companies in providing IoT solutions is gaining traction in the IoT in manufacturing market. Digital Twin is a merge of virtual and physical world to create digital copies of an industrial product that can be used to run simulations prior to its manufacturing and deployment. Digital twins support industry 4.0 solutions such as automated root cause analysis, predictive maintenance, predictive quality, supply chain optimization, and inventory intelligence in the manufacturing industry. The technology enhances the accuracy of predictive AI applications, increases efficiency and safety of IoT solutions, optimizes production processes, and enables companies to have digital foot print of their product from its design stage to the deployment stage. It is estimated that more manufacturers will adopt this approach in the near future. For instance, GE developed digital-twin technology internally for its jet-engine manufacturing process which resulted in providing efficiency and expertise to customers to operate the engine. The IoT in manufacturing market is governed by the Federal Communications Commissions (FCC) that regulates the functioning of this market in the United States. The regulatory body also lays down certain rules for equipment testing, authorization and marketing of such devices, and also mandates compliance to these rules. The FCC Regulations and the California Senate Bill 327 break the split of regulations for the security of Internet of Things (IoT) devices. According to the California Senate Bill 327, manufacturer of any connected device should provide the device with reasonable security feature(s) to safeguard personal information from modification, unauthorized access, disclosure, destruction or use. According to the FCC regulations, companies in the manufacturing sector should formulate solutions for minimizing noise and interference among IoT devices. For example, FCC regulations exempt those digital devices that do not connect to the AC grid and operate below 1.705MHz. Major players in the IoT in manufacturing market are Microsoft Corporation, SAP SE, Bosch Software Innovations GmbH, IBM Corporation, Cisco Systems, General Electric, Huawei, PTC Incorporation, Zebra Technologies, Siemens AG, Rockwell Automation, Wind River, Schneider Electric, Clearblade, Mocana, Impinj, Uptake, PalleTech, ELMODIS, Water.IO, SensEye, ARCSTONE, SupraControl, Zebra Technologies, Software AG, Texas Instruments, Hitachi Ltd., Konux and Robert Bosch GmbH The Asia-Pacific was the largest region in the IoT in manufacturing market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global iot in manufacturing market report during the forecast period. The regions covered in the global IoT in manufacturing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT in manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The IoT in manufacturing market includes revenues earned by entities by offering IoT enabled systems, devices and software in the manufacturing industry. The IoT in the manufacturing market offers IoT-based solutions such as quality management, predictive maintenance, supply chain management and others with the help of IoT-based systems and devices that enable real-time interaction among machines, devices, and things. IoT in manufacturing includes IoT solutions in logistics and supply chain optimization, production flow monitoring, security and safety, etc. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global IoT in manufacturing market is segmented - 1) By Component: Solution, Platform, Service 2) By Vertical: Energy And Utilities, Automotive, Food And Beverages, Aerospace And Defense, Chemicals And Materials, High-Tech Products, Healthcare 3) By Platform: Device Management Platform, Application Management Platform, Connectivity Management Platform 4) By Application: Process Optimization, Predictive Maintenance, Asset Management, Workforce Management, Emergency And Incident Management, Logistics And Supply Chain Management, Inventory Management Subsegments: 1) By Services: Managed Services, Professional Services 2) By Solution: Network Management, Data Management, Device Management, Application Management, Smart Surveillance

The IoT in utilities is the concept for developing advanced solutions that improve productivity and accuracy, solve critical problems, and improve real-time decision-making. It is used to reduce emissions, distribute energy resources, accommodate the integration of renewables, and improve reliability and efficiency. IoT in the utility is used for creating powerful connected networks of data flows among distributed energy resources (DERs), in-home devices, and nano/microgrids. The main types of IoT in utilities are platforms, solutions, services, and others. IoT utility solutions refer to a set of activities conducted for the development and sale of IoT in utilities for solutions. An IoT solution is a seamlessly integrated array of technologies, including multiple sensors, to solve a problem and create new organizational value. The different technologies include sensors, RFID, and connectivity technology, which are used in various applications such as electricity grid management, gas management, water and waste management, and others. The IoT in utilities market research report is one of a series of new reports from The Business Research Company that provides IoT in utilities market statistics, including IoT in utilities industry global market size, regional shares, competitors with an IoT in utilities market share, detailed IoT in utilities market segments, market trends and opportunities, and any further data you may need to thrive in the IoT in utilities industry. This IoT in utilities market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global iot in utilities market size grew from $43.86 billion in 2022 to $49.68 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The iot in utilities market size is expected to grow to $81.01 billion in 2027 at a CAGR of 13.0%. The increasing demand for digitization is expected to propel the growth of the IoT in the utility market going forward. Digitization in the IoT in the utility market uses digital tools to logically monitor and upgrade physical infrastructure, automation to improve workforce safety and efficiency, and hence improve customer interaction. Digitization also improves the integration of distributed systems with an advanced grid digital technology. For instance, according to Trade Arabia, an Abu Dhabi-based news agency, in April 2022, the utility sector saw a spike in the implementation of digitization technology driven by a reduction in operating expenses of up to 25% and performance gains of 20% to 40% in areas such as safety, reliability, customer satisfaction, and regulatory compliance. Therefore, increasing demand for digitization is driving the growth of the IoT in the utility market. Integration of new technologies has emerged as a key trend gaining popularity in the IoT in the utility market. Major companies operating in the market are focused on integrating new technologies to gain a competitive advantage. For instance, in March 2022, according to the Dubai Electricity and Water Authority (DEWA), a Dubai-based utility firm launched a 6U nanosatellite with customized high-resolution image sensing technology specifically designed to communicate with its IoT terminals. They are mainly designed to be used in energy and water networks and will be deployed to detect thermal fingerprints in excessive voltage transmission lines, substations, homes, and solar power stations. In February 2022, Gridspertise, an Italy-based smart grid solutions provider that uses IoT in utilities, collaborated with Qualcomm for an undisclosed amount. This collaboration will enable Gridspertise to explore opportunities for electricity distribution asset monitoring and grid digitalization for global utilities. Qualcomm is a US-based semiconductor company that provides IoT devices and services. Major players in the IoT in utilities market are International Business Machines Corporation, Oracle Corporation, Verizon Communications, Cisco Systems Inc., Vodafone Group, Telit, Landis+Gyr, Itron Inc., Schneider Electric SE, Huawei Technologies, Trimble Inc., ABB Corporation, Honeywell International Inc., Siemens AG, General Electric, Aclara Technologies LLC, Trilliant Networks Inc., Energyworx, HCL Technologies, Altair Engineering, Actility S.A, WAVIoT, and Rayven LLC. North America was the largest region in the IoT in utilities market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT in utilities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT In utilities market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The IoT in the utility market consists of revenues earned by entities by providing asset monitoring management and network management. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global iot in utilities market is segmented - 1) By Component: Platform, Solutions, Services, Other Components 2) By Technology: Sensors, RFID, Connectivity Technology 3) By Application: Electricity Grid Management, Gas Management, Water and Waste Management, Other Applications

IoT in public safety is the way to ensure public safety with computer vision employed in conjunction with cameras, microphones, and sensors to collect information about traffic, accidents, and crime and to enhance urban mobility by analysing traffic conditions. It is used to record and examine traffic patterns, identify risks, and issue warnings about impending accidents. The main types of IoT in public safety are surveillance systems, incident management and response, disaster management, security systems, and other types. Surveillance systems involve networked smart cameras and programs that can process visual data without the need for human intervention, paving the way for the adoption of several automated operations. The components involved are software, hardware, and services that are used by the government and public sector, transportation, healthcare, retail, education, manufacturing, and another end user. The IoT in Public Safety Market Research Report is one of a series of new reports from The Business Research Company that provides IoT in Public Safety market statistics, including IoT in public safety industry global market size, regional shares, competitors with IoT in Public Safety market share, detailed IoT in Public Safety market segments, market trends and opportunities, and any further data you may need to thrive in the IoT in Public Safety industry. This IoT in Public Safety Market Research Report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global IoT in public safety market size grew from $2.61 billion in 2022 to $3.05 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The IoT in public safety market size is expected to grow to $5.73 billion in 2027 at a CAGR of 17.1%. The increasing number of criminal activities is driving the demand for the IoT in the public safety market going forward. Criminal activities refer to any type of behaviour that manifests physically or any type of mental desire that contributes to the commission of the crime. IoT aids in estimating the occurrence and incidence of crimes, and its data-driven methodology is crucial in anticipating crime. For instance, in March 2022, according to the Internet Crime Report 2021, published by the Federal Bureau of Investigation, a US-based domestic intelligence and security service agency, 76,741 extortion and 43,330 identity theft-related crimes occurred in 2020, increased from 43,101 and 16,053 in 2019. However, 16,053 victims engaged in extortion-related crimes in 2019, which increased to 76,741 in 2020. Therefore, the increasing number of criminal activities will drive the growth of the IoT in the public safety market. Increasing adoption of machine learning (ML) And AI-based public safety solutions is a key trend gaining popularity in the IoT in the public safety market. ML and AI-based public safety solutions are employed to improve public safety by utilising the best AI practises and techniques, enabling AI systems to improve public safety, and utilising ML and deep neural networks for more accurate decision-making and prediction. Major players in the IoT in the public safety sector are focused on increasing the adoption of ML And AI-based public safety solutions to sustain their marketplace. For instance, in March 2022, Seeed Studio, a China-based company engaged in the development of IoT hardware, launched AI and IoT solutions, including sensors, as a service for full digitalization purposes as well as EdgeAI for the real world. They can always-on infer using vision and sound thanks to the ultra-low-power machine learning that powers the SenseCAP sensors.Seeed introduced the 2 series of Edge Computing devices powered by Nvidia Jetson to make data gathering and inference happen in real-time, enabling more AI-based solutions to be used in the real world. In February 2022, Forescout Technologies, a US-based company engaged in software development and services, acquired CyberMDX for an undisclosed amount. With this acquisition, Forescout rose to the top of the Internet of Medical Things (IoMT) device security industry. This acquisition will provide Forescout with thorough visibility into medical devices far faster than if the business tried to develop the capabilities on its own. CyberMDX is a US-based computer security company engaged in the development of healthcare IoT security solutions. Major players in the IoT in public safety market are International Business Machines Corporation, Hitachi Vantara Corporation, NEC Corporation, Microsoft Corporation, Cisco Systems Inc., Sierra Wireless, Telit, Intrado, Nokia Networks, ThroughTek Co. Ltd., Iskratel, Intellivision, Star Controls, Huawei Technologies Co. Ltd., Securens Systems Pvt. Ltd., Intel Corporation, Kova Group, Esri, Tibbo Systems, Endeavour Technology, X-Systems, Yardarm Technologies Inc., CityShob Software Ltd., and Aeris Communications India Pvt. Ltd. North America was the largest region in the IoT in public safety market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT in public safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT In public safety market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. IoT in public safety includes revenues earned by entities by providing smart utilities, smart manufacturing, smart healthcare, smart buildings, home automation, and homeland security. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The global IoT in public safety market is segmented - 1) By Type: Surveillance Systems, Incident Management and Response, Disaster Management, Security Systems, Other Types 2) By Component: Software, Hardware, Services 3) By End User: Government and Public Sector, Transportation, Healthcare, Retail, Education, Manufacturing, Other End User

The IoT telecom services refer to asset management and remote system monitoring, the most prominent IoT telecom application cases. Telecom firms link their different physical assets to the cloud and remotely monitor their operations, conduct firmware upgrades, investigate problems, and keep track of inventories. They are used to connect diverse physical assets to the cloud and remotely manage their operations. The main IoT telecom services types include business consulting services, device and application management services, installation and integration services, IoT billing and subscription management, and M2M billing management. Business consulting services involved in business planning, implementation, and others for IoT in telecom. The different IoT telecom services connectivity include cellular technologies, LPWAN, NB-IoT, and radio frequency-based. The IoT telecom services network management solutions include network performance monitoring and optimization, network traffic management, and network security management for applications in smart building and home automation, capillary networks management, industrial manufacturing and automation, energy and utilities, healthcare, and other applications. The IoT telecom services market research report is one of a series of new reports from The Business Research Company that provides IoT telecom services market statistics, including IoT telecom services industry global market size, regional shares, competitors with a IoT telecom services market share, detailed IoT telecom services market segments, market trends and opportunities, and any further data you may need to thrive in the IoT telecom services industry. This IoT telecom services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global IoT telecom services market size grew from $13.61 billion in 2022 to $18.46 billion in 2023 at a compound annual growth rate (CAGR) of 35.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The IoT telecom services market size is expected to grow to $62.44 billion in 2027 at a CAGR of 35.6%. The increase in adoption of 5G networks across the world will propel the IoT telecom services market during the forecast period. 5G is the 5th generation mobile network for higher speed and responsiveness of wireless networks. With increased 5G network speed, bandwidth, and lower latency, connected devices can communicate effectively, giving telecom companies quicker and better asset management and remote system monitoring options. According to a 2022 study conducted by Verizon, a US-based telecommunications company, and Incisiv, a US-based consumer industry insights company, the overall 5G adoption stands at about 13%, which is expected to triple by 2024. Therefore, increasing the adoption of 5G networks will drive the IoT telecom services market. Technological advancement is a key trend gaining popularity in the IoT telecom services market. Major market players are focusing on creating innovative technologies for strengthening their portfolios, such as integrated Internet of Things (IoT) solutions. For instance, in April 2021, Vi, an Indian telecom operator, announced its integrated Internet of Things (IoT) solutions for organizations to expand its IoT portfolio by offering solutions across industries for smart infrastructure, smart mobility, and smart utilities across its 5G-ready network. The new offering is a secure end-to-end IoT solution that includes connection, hardware, network, application, analytics, security, and support. In July 2022, Ericsson, a Sweden-based company engaged in networking and telecommunications, acquired Vonage for an undisclosed amount. With this acquisition, Ericsson strengthens its mobile network business. The deal allows Ericsson access to powerful building blocks to offer a full range of communications solutions, including Communications Platform as a Service (CPaaS), UCaaS, and CCaaS. Vonage is a US-based company engaged in cloud communications. Major players in the iot telecom services market are AT&T Intellectual Property, Verizon, Deutsche Telekom AG, Huawei Technologies Co, Aeris, China Mobile Limited, Entrust Datacard Corporation, HARMAN International, IBM, Modius Inc., Vodafone Group, Sprint Corporation, Swisscom AG, Singapore Telecommunication Limited, T-Mobile, Vodafone Group PLC, BT Group, CenturyLink, Nippon Telegraph & Telephone Corp, Panorama Software, SAP SE, Softbank Group Corp, Telefonica SA, Telstra, Sierra Wireless, PureSoftware, Sequans Communications, Orange, Telus and MediaTek. North America was the largest region in the IoT telecom services market in 2022. The regions covered in the IoT telecom services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT telecom services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The IoT telecom services market includes revenues earned by entities by providing services such as IoT connectivity services, data storage and management, asset monitoring, and PaaS and SaaS solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global iot telecom services market is segmented - 1) By Service Type: Business Consulting Services, Device And Application Management Services, Installation And Integration Services, IoT Billing And Subscription Management, M2M Billing Management 2) By Connectivity: Cellular Technologies, LPWAN, NB-IoT, Radio Frequency-Based 3) By Network Management Solution: Network Performance Monitoring And Optimization, Network Traffic Management, Network Security Management 4) By Application: Smart Building And Home Automation, Capillary Networks Management, Industrial Manufacturing And Automation, Energy And Utilities, Smart Healthcare, Other Applications

IoT engineering services refer to a set of design, development, and deployment of various IoT devices to assess business performance that helps to increase the business functions. IoT engineering services are used as a communication medium between all departments of a business and help automate repetitive tasks to improve operational efficiency and productivity. IoT engineering services are employed by organizations to reduce operational and maintenance costs and improve the security of data. The main services of IoT engineering services include product engineering, cloud engineering, experience engineering, analytics services, maintenance services, security engineering, and other service types. Product engineering is used in automating production to enhance efficiency, reduce product development costs, and reduce human error, device design and configuration, as well as the selection of hardware components. Product engineering refers to the use of IoT technology to deliver operational and actionable insights to enhance product features. The various types of organizations include small enterprises, mid-size enterprises, and large enterprises. The various types of end users include healthcare, automotive, information technology & telecom, building automation, agriculture, public utilities, retail, and other end users. The IoT engineering services market research report is one of a series of new reports from The Business Research Company that provides IoT engineering services market statistics, including IoT engineering services industry global market size, regional shares, competitors with a IoT engineering services market share, detailed IoT engineering services market segments, market trends and opportunities, and any further data you may need to thrive in the IoT engineering services industry. This IoT engineering services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global IoT engineering services market size grew from $25.24 billion in 2022 to $31.22 billion in 2023 at a compound annual growth rate (CAGR) of 23.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The IoT engineering services market size is expected to grow to $71.25 billion in 2027 at a CAGR of 22.9%. The rising demand for IoT solutions for smart manufacturing is expected to propel the IoT engineering services market going forward. Smart manufacturing refers to a broad category of manufacturing operations that are used in computer-integrated programs for design and development and monitoring and manufacturing of easy supply chain functions. IoT solutions are used in smart manufacturing departments of a business to automate the performance of tasks as they help in enabling and monitoring assets, managing production tasks, and providing insights into business operations. For instance, according to SaM Solutions, a Germany-based company specializing in software development, in July 2021. The total global value of manufacturing operations integrated with IoT solutions was $3.9 trillion and is expected to reach $11.1 trillion by 2025. Companies adopt the integration of IoT solutions with manufacturing operations for automation of production lines to reduce the time and cost associated with manufacturing. Therefore, the rising demand for IoT solutions for smart manufacturing is driving the growth of the IoT engineering services market. Technological advancement is a key trend gaining popularity in the IoT engineering services market. Major market players are concentrating their efforts on creating innovative technologies such as LoRaWAN by working on Downlink Queue Management and Network Analyzer features to strengthen their position in the market. For instance, in January 2022, Amazon.com Inc., a US-based technology company specializing in eCommerce, cloud computing, and artificial intelligence, introduced LoRaWAN technology integrated with new features such as real-time information that helps to join multiple IoT devices at the same time to reduce time. This technology provides Downlink Queue Management and Network Analyzer features that offer the ability to send a message to a device that is not immediately reachable and to manage and monitor communication between customers. In September 2021, iLink Digital, a US-based software company developing custom applications, components, and frameworks for the Microsoft platform, acquired Connexis for undisclosed amount. This acquisition helps iLink to further drive experience-led transformation for clients across multiple industries by adding Connexis' expertise in data, IoT, and product engineering. With Connexis strong engineering and technical support capabilities, iLink will continue to leverage data and automation technologies to drive digital transformation. Connexis is an Indian-based technologically driven product engineering company providing tailored IoT solutions. Major players in the IoT engineering services market are Tata Consultancy Services, Infosys Limited, Cognizant, Happiest Minds Technologies Limited, Capgemini SE, Wipro Limited, Cisco Systems Inc., EPAM Systems Inc., Telefonaktiebolaget LM Ericsson, Luxoft Holding Inc., Arrow Electronics, KORE Wireless, NTT Data Corporation, Nitor Infotech, and Coforge Limited. North America was the largest region in the IoT engineering services market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT engineering services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT engineering services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The IoT engineering services market includes revenues earned by entities by providing services such as Cloud Architecture, Embedded Platform Engineering, Platform migration, Middleware development, Testing and Validation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global IoT engineering services market is segmented - 1) By Service Type: Product Engineering, Cloud Engineering, Experience Engineering, Analytics Services, Maintenance Services, Security Engineering, Other Service Types 2) By Size Of Organization: Small Enterprises, Mid-Size Enterprises, Large Enterprises 3) By End Users: Healthcare, Automotive, Information Technology And Telecom, Building Automation, Agriculture, Public Utility, Retail, Other End Users

The IoT connectivity management platform are platforms used in organizations to connect various devices, hardware, software, and connectivity technologies. The IoT connectivity management platform provides access to data and insights for analysis that helps to optimize deploy devices and increase the project success rate. Additionally, the IoT connectivity management platform reduces operational charges and increases the security of various devices connected in organizations. The main product types of IoT connectivity management platforms are cellular and non-cellular. Cellular refers to deploying various connectivity management platforms which use the current cellular network used by smartphones. The cellular IoT connectivity management platform does not require a separate set of networks for operating as it is operational with existing mobile networks. The various components include solutions and services that are deployed over the cloud and on-premises. The several applications include automotive, consumer electronics, retail, energy & utilities, finance & banking, healthcare, manufacturing, and others. The IoT connectivity management platforms market research report is one of a series of new reports from The Business Research Company that provides IoT connectivity management platforms market statistics, including IoT connectivity management platforms industry global market size, regional shares, competitors with an IoT connectivity management platforms market share, detailed IoT connectivity management platforms market segments, market trends and opportunities, and any further data you may need to thrive in the IoT connectivity management platforms industry. This IoT connectivity management platforms market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global iot connectivity management platform market size grew from $6.85 billion in 2022 to $8.08 billion in 2023 at a compound annual growth rate (CAGR) of 18.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The iot connectivity management platform market size is expected to grow to $15.49 billion in 2027 at a CAGR of 17.7%. The increasing deployment of IoT devices is significantly contributing to the growth of the IoT connectivity management platform market. The number of IoT devices in an enterprise is connected through an IoT connectivity management platform for data management, data transmission, communication, and smooth interaction of numerous devices in a single frame for the network to complete various business activities. The IoT Connectivity Management Platform offers faster network monitoring, troubleshooting, application management, lowering security threats, and other services to connected IoT devices. For instance, according to Forbes, a US-based business magazine, the global number of cellular IoT devices is expected to reach 3.5 billion by 2023. Therefore, increasing the deployment of IoT devices is significantly contributing to the growth of the IoT connectivity management market. Technological advancements have emerged as the key trend gaining popularity in the IoT connectivity management market. Major companies operating in the IoT connectivity management sector are focused on developing new technologically advanced solutions to optimize their business operations. For instance, in November 2020, Aeris, a US-based company operating in the IoT connectivity management platform, launched Aeris Cloud Connect based on cloud computing technology. Cloud computing technology gives users access to data storage, files, and servers through interconnected devices such as computers, tablets, smartphones, and others in an organization. Data is stored, processed, and managed by a third-party organization to manage the large data sets of the organization for the organization's smooth functioning. Aeris Cloud Connect establishes a private connection between Aeris Fusion IoT Network and clients' AWS (Amazon Web Services) cloud instances via an underlying MPLS (multi-protocol label switching) connection, allowing data transfer from IoT devices directly to the cloud without the use of a VPN (Virtual Private Network) and without the need for data sharing over the public internet. In May 2021, Planon, a UK-based software company, acquired Axonize for an undisclosed amount. Through this acquisition, Planon aims to strengthen its smart building systems by connecting buildings on a larger scale with an IoT connectivity management platform known as a 360-degree building digitization platform. It would offer services in smart buildings such as asset monitoring, resource management, the ecological footprint of assets, and others via the cloud, and it also provides security in data transfer and management. Axonize is an Israel-based software as a service (SaaS) company operating in the development of IoT connectivity management platforms. Major players in the IoT connectivity management platform market are Aerith, Cisco Systems Inc., Comarch SA, Emnify, Huawei Technologies Co. Ltd., Nokia Corporation, Truphone Limited, Telefonaktiebolaget LM Ericsson, Proximus Group, KORE Group Holdings Inc., Arm Limited, Hewlett Packard Enterprise Development LP, ZTE Corporation, Links Field Networks, Mavoco Ag, Swisscom AG, Sierra Wireless, and Vodafone Idea Limited. Asia-Pacific was the largest region in the IoT connectivity management platform market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT connectivity management platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT connectivity management platform market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The IoT connectivity management platform market consists of revenues earned by entities by providing data security services, application security services and endpoint security services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global iot connectivity management platform market is segmented - 1) By Product Type: Cellular, Non-Cellular 2) By Component: Solution, Services 3) By Deployment Type: Cloud, On-Premises 4) By Enterprise Size: Small and Medium-sized Enterprises (SMEs), Large Enterprises 5) By Application: Automotive, Consulmer Electronics, Retail, Energy and Utlities, Finance and Banking, Healthcare, Manufacturing, Other Applications

Internet of Things (IoT) is a physical object network that contains integrated technologies that allow it to connect, sense, and interact with internal or external environments. It is a collection of end-to-end services where companies contract with external vendors to design, build, install, and operate IoT solutions, including consulting advice for IoT planning. The main platform of Internet of Things (IoT) are device management, application management and device management. The process of managing the implementation, operation, and maintenance of a physical and/or virtual device is known as device management The various application include building and home automation, smart energy and utilities, smart manufacturing, connected logistics, smart retail, smart mobility and transportation, others that are used by BFSI, retail, government, healthcare, manufacturing, transportation, IT and telecom, among other end user industries. The internet of things (IoT) market research report is one of a series of new reports from The Business Research Company that provides internet of things (IoT) market statistics, including internet of things (IoT) industry global market size, regional shares, competitors with an internet of things (IoT) market share, detailed internet of things (IoT) market segments, market trends and opportunities, and any further data you may need to thrive in the internet of things (IoT) industry. This internet of things (IoT) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global iot market size will grow from $399.41 billion in 2022 to $486.7 billion in 2023 at a compound annual growth rate (CAGR) of 21.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global iot market size is expected to grow to $1057.55 billion in 2027 at a CAGR of 21.4%. The application of IoT in various industries such as automotive industry is driving the growth of the IoT market. The introduction of IoT in the automotive industry has opened up new opportunities for carmakers and consumers worldwide. IoT has become a popular hotspot for varied multifunctional applications in the automotive sector. IoT offers enhanced communication, control and data delivery at any transportation point. Major companies like Mercedes-Benz, Volkswagen, Volvo, Toyota and Google Inc. are increasingly investing in developing smart cars with rich features that offer healthier, more convenient and more enjoyable driving experiences. According to UBS, 12% of the total cars sold in 2030 will be for autonomous taxi fleets with 26 million driverless taxis in operation worldwide, approximately. The concerns with data security impact the growth of the IoT market. The rate of data intrusions is also increasingly growing with the advances in technology. IoT systems are being newly built and often have loopholes that can help the hacker to easily enter the system, serving as a major obstacle to the growth of the market for IoT sensors, since enterprise data protection is of great importance when designing analytical solutions for many vertical applications. Ransomware and denial-of-service attacks (DoS attacks) will continue to rise and be among the most common cybersecurity threats. Therefore, the data security issues limit the growth of the IoT market. The IoT devices collect a great deal of data of all types. Managing this data and analyzing it will help maximize its value for the company. Data analytics will help in analysis of IoT data in several areas such as data accuracy in time series, predictive and advanced analytics, data preparation, geospatial and location real-time (logistic data). In 2020, major cloud vendors such as Amazon, Microsoft and Google, are increasingly using data analytics for business improvement and various companies hope to expand their market share with AI algorithms capable of exploiting machine learning and deep learning, allowing businesses to derive more value and make informed decisions from the increasing data volumes. In February 2022, Breadware LLC., a US-based IoT solutions company acquired Medium One Inc. for an undisclosed amount. The acquisition add Medium One platform to Breadware and enables it to develop and offer IoT-enabled products as well as integrated environment for quick and easy implementation of IoT products. Medium One Inc. is an American IoT software company. Major players in the IoT market are Cisco Systems, Inc., Microsoft Corporation, Oracle Corporation, International Business Machine (IBM) Corporation, Google Inc., Hewlett-Packard Enterprise, Amazon Web Services Inc., Bosch Software Innovation GmbH, Huawei Technologies, Intel Corporation, AT & T Inc., Hitachi Data Systems, General Electric, Bright Wolf, C3 IoT, Carriots, Concirrus, Connio, Cumulocity, Davra Networks, Device Insight, EVRYTHNG, Exosite, Autodesk SeeControl, BlackBerry, Accenture PLC., Alcatel-Lucent, Fujitsu Ltd., Dell Inc., PTC Inc., and SAP SE. Asia-Pacific was the largest region in the IoT market in 2022. North America was the second largest region in the global IoT market. The regions covered in IoT report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the IoT market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The Internet of Things (IoT) market includes revenues earned by entities by offering IoT solutions used in building and home automation, smart energy and utilities, connected logistics, smart retail, smart mobility, and transportation. The internet of things, or IoT, is a collection of interconnected smart devices, mechanical and digital machines, objects, animals or people supplied with unique identifiers (UIDs) and the ability to transmit data across a network without needing human-to-human or human-to-computer interaction. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global IoT market is segmented - 1) By Platform: Device Management, Application Management, Network Management 2) By End Use Industry: BFSI, Retail, Government, Healthcare, Manufacturing, Transportation, IT & Telecom, Other End-User Industries 3) By Application: Building And Home Automation, Smart Energy And Utilities, Smart Manufacturing, Connected Logistics, Smart Retail, Smart Mobility And Transportation, Other Applications

The IoT IAM (IoT identity and access management) is used to enable device identity management and access control, discover unmanaged devices, and take appropriate action. IoT IAM is used for the ease of communication between several IoT devices and other communication entities, to protect against data breaches and security attacks, and to provide the right tools to improve the productivity of employees working in any organization. The major components of IoT IAM are solutions and services. Solution IoT IAM refers to a set of device systems that are connected to the internet that is being managed and regulated by a unique digital identity. By security type, it is segmented into network security, endpoint security, application security, cloud security, and other security types. It can be deployed in two modes such as cloud and on-premises deployment. Major organizations involved are small and mid-sized enterprises (SMEs) and large enterprises. It is used by several industry verticals such as banking, finance services, and insurance (BFSI), automotive, telecom, retail and consumer goods, energy and utilities, healthcare, and others. The IoT IAM market research report is one of a series of new reports from The Business Research Company that provides IoT IAM market statistics, including IoT IAM industry global market size, regional shares, competitors with a IoT IAM market share, detailed IoT IAM market segments, market trends and opportunities, and any further data you may need to thrive in the IoT IAM industry. This IoT IAM market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global IoT IAM market size is expected to grow from $5.73 billion in 2022 to $7.38 billion in 2023 at a compound annual growth rate (CAGR) of 28.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The IoT IAM market size is expected to grow to $20.91 billion in 2027 at a CAGR of 29.7%. An increase in number of cyberattacks and data breach issues is expected to propel the IoT IAM market going forward. A cyberattack refers to an assault performed by cybercriminals to steal data and sensitive information by sending and hacking a computer system using malicious information. Data breaches refer to security violations in which sensitive information can be stolen from a computer system without prior permission of the owner of the system. Identity and access management are used at the current time to prevent any unauthorized access of information from the system of the company's employees’ database. For instance, in September 2021, according to Digit, a Scotland-based technology media, and events company, the total number of IoT device cyberattacks was 1.5 million in 2021. Furthermore, in October 2021, according to Fortune, a US-based publishing company specializing in the publication of books, articles, and magazines, the total number of global data breach cases was 1,291 in 2021, an increase from 1,108 in 2020. Therefore, a rising number of cyberattacks and data breach cases are anticipated to fuel the IoT IAM market in the upcoming years. Technological advancements are a key trend gaining popularity in the IoT IAM market. Major market players are concentrating their efforts on creating innovative technologies to strengthen their position in the market., For instance, in August 2022, Okta, Inc., a US-based company operating in identity and access management (IAM), introduced Unified IAM, known as Okta Identity Governance, a cloud-based governance solution with identity governance and administration (IGA) tools focused on improving security and compliance postures in organizations IT infrastructure. Okta Identity Governance provides cloud-based intuitive technology, which makes it easy for IT teams to deploy and simple for employees to use and deliver a comprehensive identity platform and controlled access to IT infrastructure and devices. In July 2022, Thales Group, a France-based technology company specializing in designing, developing, and manufacturing electrical security devices, acquired OneWelcome for €100 million ($102.37 million). This acquisition helps Thales expand its product range in cybersecurity strategy, customer identity and access management (CIAM), and secure credential enrolment and service reach to western Europe. OneWelcome is a Netherlands-based technology company specializing in IOT based customer identity and access management (CIAM) for highly regulated sectors. Major players in the IoT IAM market are International Business Machines Corporation, Amazon.com Inc., GlobalSign, Ping Identity Holding Corporation, ForgeRock Inc., Broadcom Corporation, Microsoft Corporation, Oracle Corporation, Micro Focus International plc, Cloud Security Alliance, ARCON TechSolutions, Telefonaktiebolaget LM Ericsson, Hitachi ID Systems Inc., KaaIoT Technologies LLC, Okta Inc., HID Global Corporation, CyberArk Software Ltd., OpenText Corporation, Cisco Systems Inc., Google LLC, Entrust Corporation, SailPoint Technologies Inc., Dell Inc., Optiv Security Inc., One Identity LLC, and Identity Fusion Inc. North America was the largest region in the IoT IAM market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT IAM market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the IoT IAM market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and the USA. The IoT IAM (IoT identity and access management) market includes revenues earned by entities by providing 5G transport services, cloud native services, open source networking, user activity monitoring services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).   The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global IoT IAM market is segmented - 1) By Component: Solutions, Services 2) By Security Type: Network Security, Endpoint Security, Application Security, Cloud Security, Other Security Types 3) By Deployment mode: Cloud, On-Premises 4) By Organization Size: Small and Mid-Sized Enterprises (SMEs), Large Enterprises 5) By Verticals: Banking, Finance services, and Insurance (BFSI), Automotive, Telecom, Healthcare, Retail and Consumer Goods, Energy and Utilities, Other Verticals