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Global IoT Engineering Services Market Research Report 2025
Synopsis
The market is said to be driven by the growing need for reduced system troubleshooting and enhanced operational efficiency, the increasing requirement of risk mitigation to minimize the data loss, the increasing adoption of micro services, and the accelerating Social, Mobile, Analytics, and Cloud (SMAC)technologies.
The global IoT Engineering Services market was valued at US$ 12100 million in 2023 and is anticipated to reach US$ 44280 million by 2030, witnessing a CAGR of 19.8% during the forecast period 2024-2030.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
This report aims to provide a comprehensive presentation of the global market for IoT Engineering Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Engineering Services.
Report Scope
The IoT Engineering Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IoT Engineering Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IoT Engineering Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ARICENT
WIPRO
CAPGEMINI
IBM
TCS
HAPPIEST MINDS
INFOSYS
COGNIZANT
EINFOCHIPS
RAPIDVALUE
TECH MAHINDRA
PRODAPT SOLUTIONS
Segment by Type
Product Engineering
Cloud & Platform Engineering
UI/UX Design
Analytics
Segment by Application
Medical
Transportation And Logistics
IT, Communication
Industrial Production
Energy, Utilities
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IoT Engineering Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
The market is said to be driven by the growing need for reduced system troubleshooting and enhanced operational efficiency, the increasing requirement of risk mitigation to minimize the data loss, the increasing adoption of micro services, and the accelerating Social, Mobile, Analytics, and Cloud (SMAC)technologies.
The global IoT Engineering Services market was valued at US$ 12100 million in 2023 and is anticipated to reach US$ 44280 million by 2030, witnessing a CAGR of 19.8% during the forecast period 2024-2030.
According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
This report aims to provide a comprehensive presentation of the global market for IoT Engineering Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Engineering Services.
Report Scope
The IoT Engineering Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IoT Engineering Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IoT Engineering Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ARICENT
WIPRO
CAPGEMINI
IBM
TCS
HAPPIEST MINDS
INFOSYS
COGNIZANT
EINFOCHIPS
RAPIDVALUE
TECH MAHINDRA
PRODAPT SOLUTIONS
Segment by Type
Product Engineering
Cloud & Platform Engineering
UI/UX Design
Analytics
Segment by Application
Medical
Transportation And Logistics
IT, Communication
Industrial Production
Energy, Utilities
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IoT Engineering Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IoT Engineering Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Product Engineering
1.2.3 Cloud & Platform Engineering
1.2.4 UI/UX Design
1.2.5 Analytics
1.3 Market by Application
1.3.1 Global IoT Engineering Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Medical
1.3.3 Transportation And Logistics
1.3.4 IT, Communication
1.3.5 Industrial Production
1.3.6 Energy, Utilities
1.3.7 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global IoT Engineering Services Market Perspective (2019-2030)
2.2 IoT Engineering Services Growth Trends by Region
2.2.1 Global IoT Engineering Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 IoT Engineering Services Historic Market Size by Region (2019-2024)
2.2.3 IoT Engineering Services Forecasted Market Size by Region (2025-2030)
2.3 IoT Engineering Services Market Dynamics
2.3.1 IoT Engineering Services Industry Trends
2.3.2 IoT Engineering Services Market Drivers
2.3.3 IoT Engineering Services Market Challenges
2.3.4 IoT Engineering Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top IoT Engineering Services Players by Revenue
3.1.1 Global Top IoT Engineering Services Players by Revenue (2019-2024)
3.1.2 Global IoT Engineering Services Revenue Market Share by Players (2019-2024)
3.2 Global IoT Engineering Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by IoT Engineering Services Revenue
3.4 Global IoT Engineering Services Market Concentration Ratio
3.4.1 Global IoT Engineering Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IoT Engineering Services Revenue in 2023
3.5 IoT Engineering Services Key Players Head office and Area Served
3.6 Key Players IoT Engineering Services Product Solution and Service
3.7 Date of Enter into IoT Engineering Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 IoT Engineering Services Breakdown Data by Type
4.1 Global IoT Engineering Services Historic Market Size by Type (2019-2024)
4.2 Global IoT Engineering Services Forecasted Market Size by Type (2025-2030)
5 IoT Engineering Services Breakdown Data by Application
5.1 Global IoT Engineering Services Historic Market Size by Application (2019-2024)
5.2 Global IoT Engineering Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America IoT Engineering Services Market Size (2019-2030)
6.2 North America IoT Engineering Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America IoT Engineering Services Market Size by Country (2019-2024)
6.4 North America IoT Engineering Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe IoT Engineering Services Market Size (2019-2030)
7.2 Europe IoT Engineering Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe IoT Engineering Services Market Size by Country (2019-2024)
7.4 Europe IoT Engineering Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IoT Engineering Services Market Size (2019-2030)
8.2 Asia-Pacific IoT Engineering Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific IoT Engineering Services Market Size by Region (2019-2024)
8.4 Asia-Pacific IoT Engineering Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America IoT Engineering Services Market Size (2019-2030)
9.2 Latin America IoT Engineering Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America IoT Engineering Services Market Size by Country (2019-2024)
9.4 Latin America IoT Engineering Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IoT Engineering Services Market Size (2019-2030)
10.2 Middle East & Africa IoT Engineering Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa IoT Engineering Services Market Size by Country (2019-2024)
10.4 Middle East & Africa IoT Engineering Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ARICENT
11.1.1 ARICENT Company Detail
11.1.2 ARICENT Business Overview
11.1.3 ARICENT IoT Engineering Services Introduction
11.1.4 ARICENT Revenue in IoT Engineering Services Business (2019-2024)
11.1.5 ARICENT Recent Development
11.2 WIPRO
11.2.1 WIPRO Company Detail
11.2.2 WIPRO Business Overview
11.2.3 WIPRO IoT Engineering Services Introduction
11.2.4 WIPRO Revenue in IoT Engineering Services Business (2019-2024)
11.2.5 WIPRO Recent Development
11.3 CAPGEMINI
11.3.1 CAPGEMINI Company Detail
11.3.2 CAPGEMINI Business Overview
11.3.3 CAPGEMINI IoT Engineering Services Introduction
11.3.4 CAPGEMINI Revenue in IoT Engineering Services Business (2019-2024)
11.3.5 CAPGEMINI Recent Development
11.4 IBM
11.4.1 IBM Company Detail
11.4.2 IBM Business Overview
11.4.3 IBM IoT Engineering Services Introduction
11.4.4 IBM Revenue in IoT Engineering Services Business (2019-2024)
11.4.5 IBM Recent Development
11.5 TCS
11.5.1 TCS Company Detail
11.5.2 TCS Business Overview
11.5.3 TCS IoT Engineering Services Introduction
11.5.4 TCS Revenue in IoT Engineering Services Business (2019-2024)
11.5.5 TCS Recent Development
11.6 HAPPIEST MINDS
11.6.1 HAPPIEST MINDS Company Detail
11.6.2 HAPPIEST MINDS Business Overview
11.6.3 HAPPIEST MINDS IoT Engineering Services Introduction
11.6.4 HAPPIEST MINDS Revenue in IoT Engineering Services Business (2019-2024)
11.6.5 HAPPIEST MINDS Recent Development
11.7 INFOSYS
11.7.1 INFOSYS Company Detail
11.7.2 INFOSYS Business Overview
11.7.3 INFOSYS IoT Engineering Services Introduction
11.7.4 INFOSYS Revenue in IoT Engineering Services Business (2019-2024)
11.7.5 INFOSYS Recent Development
11.8 COGNIZANT
11.8.1 COGNIZANT Company Detail
11.8.2 COGNIZANT Business Overview
11.8.3 COGNIZANT IoT Engineering Services Introduction
11.8.4 COGNIZANT Revenue in IoT Engineering Services Business (2019-2024)
11.8.5 COGNIZANT Recent Development
11.9 EINFOCHIPS
11.9.1 EINFOCHIPS Company Detail
11.9.2 EINFOCHIPS Business Overview
11.9.3 EINFOCHIPS IoT Engineering Services Introduction
11.9.4 EINFOCHIPS Revenue in IoT Engineering Services Business (2019-2024)
11.9.5 EINFOCHIPS Recent Development
11.10 RAPIDVALUE
11.10.1 RAPIDVALUE Company Detail
11.10.2 RAPIDVALUE Business Overview
11.10.3 RAPIDVALUE IoT Engineering Services Introduction
11.10.4 RAPIDVALUE Revenue in IoT Engineering Services Business (2019-2024)
11.10.5 RAPIDVALUE Recent Development
11.11 TECH MAHINDRA
11.11.1 TECH MAHINDRA Company Detail
11.11.2 TECH MAHINDRA Business Overview
11.11.3 TECH MAHINDRA IoT Engineering Services Introduction
11.11.4 TECH MAHINDRA Revenue in IoT Engineering Services Business (2019-2024)
11.11.5 TECH MAHINDRA Recent Development
11.12 PRODAPT SOLUTIONS
11.12.1 PRODAPT SOLUTIONS Company Detail
11.12.2 PRODAPT SOLUTIONS Business Overview
11.12.3 PRODAPT SOLUTIONS IoT Engineering Services Introduction
11.12.4 PRODAPT SOLUTIONS Revenue in IoT Engineering Services Business (2019-2024)
11.12.5 PRODAPT SOLUTIONS Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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