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Internet of Things (IoT) Integration - Global Market Technologies, Market Share and Industry Forecast to 2024 - ResearchAndMarkets.com

January 30, 2019

DUBLIN--(BUSINESS WIRE)--Jan 30, 2019--The “Global Internet of Things (IoT) Integration Market-Technologies, Market share and Industry Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.

The global IoT integration market is expected to rise with a CAGR of about 35% during the forecast period 2017-2024.

The benefits of IoT integration includes reduced implementation risks and costs and it also shortens time to market for IoT based products. This is contributing to the growth of the global IoT integration market during the forecast period. However, data security and privacy and lack of standards are the factors restraining the growth of the global IoT integration market during the forecast period.

The growth in global IoT integration market is also influenced by the presence of major players such as Capgenini (France), Cognizant (U.S.), Allerin (U.S.), Pithomas (Malaysia), Softdel (U.S.), etc. The major market players adopt strategies such as mergers & acquisitions, product launch, partnerships to gain competitive advantage.

System design and architecture services are expected to dominate the market during the forecast period owing to improved system performance. Organization size segment of Internet of Things integration market is divided as large enterprises and small & medium enterprise.

Smart building and home automation is expected to dominate the market during the forecast period owing to increasing adoption of IoT solutions and services. IoT enabled smart buildings offer advanced features such as in building device mobility, indoor activities automation, etc.

Market Dynamics

Drivers

Need for Data Consistency Growth of BYOD and Remote Workplace Management Increased Traction for Risk Mitigation Maturing Partner Agreements of IoT Vendors Proliferation of IoT

Restraints

Data Security and Privacy Concerns Lack of Standards for Interconnectivity and Interoperability

Opportunities

Rise in Adoption of IPaaS API Approach for Integration

Challenges

Lack of Synchronized and Uniform Revenue

Topics Covered

1. Introduction

2. Market Overview

3. Market Determinants

4. IoT Integration Market By Service

5. IoT Integration Market By Organization Size

6. IoT Integration Market By End-user

7. Competitive Landscape

8. Geographical Analysis

9. Company Profiles

Allerin Atos SE Ayla Networks Capgenini Cognizant HCL Technologies Infosys Intel Corporation Meshed Mulesoft Pithomas Smartbear

For more information about this report visit https://www.researchandmarkets.com/research/69wxzx/internet_of?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190130005327/en/

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Related Topics:Internet of Things and M2M

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY INTERNET

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/30/2019 06:20 AM/DISC: 01/30/2019 06:20 AM

http://www.businesswire.com/news/home/20190130005327/en

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