The Asia Pacific IoT Professional Services Market would witness market growth of 7.5% CAGR during the forecast period (2022-2028).
Companies employ specialized Application Programming Interface (API) and solutions for each IoT project. To share data or create an intelligent network, IoT-enabled devices must communicate using a common protocol and communication standard. In turn, this will promote IoT technology standardization and make it simpler for any service provider to supply the majority of solutions in a single package.
As a result, the most critical and frequently used linked devices have easy interoperability and information exchange. The best opportunity for market growth over the projection period is the rising need for IoT-enabled digital transformation of enterprises. IoT is a crucial technology for the digital revolution that enables businesses to become more operationally efficient.
Due to its performance features such as worldwide availability, Quality of Service, Power-saving operation, licensed frequency spectrum, Good building penetration, and Attractive cost of connectivity, LPWAN has become a necessary precondition for professional IoT solutions. Today's modern device networking technologies have finally overcome these drawbacks.
The demand for disruptive technologies such as IoT would be driven by the need for smart building and space solutions in highly populated areas. Much money is being invested in the internet of things solutions by the rapidly rising economies of China, Japan, South Korea, India, and Singapore. Additionally, to enhance safety and quality of life, the regulatory organizations of these nations are working very hard to build smart city projects. For instance, in October 2020, the Chinese municipal administration of Xiangtan secured a loan from the Asian Development Bank (ADB) totaling USD 200 million for its smart city plan.
The China market dominated the Asia Pacific IoT Professional Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $14,274.9 million by 2028. The Japan market is estimated to grow a CAGR of 6.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.1% during (2022 - 2028).
Based on Type, the market is segmented into IoT Consulting, System Designing & Integration, Support & Maintenance, IoT Infrastructure, and Education & Training. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Type, the market is segmented into On-Premises and Cloud. Based on Application, the market is segmented into Smart Manufacturing, Smart Transport & Logistics, Smart Energy, Smart Healthcare, Smart Retail, and Smart Buildings. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide IoT Professional Services Market is Projected to reach USD 170.7 Billion by 2028, at a CAGR of 6.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Cognizant Technology Solutions Corporation, IBM Corporation, Oracle Corporation, Tata Consultancy Services Ltd., NTT Data Corporation, Infosys Limited, Atos Group, Capgemini SE, and DXC Technology Company.
Scope of the Study
Market Segments Covered in the Report:
By Type
- IoT Consulting
- System Designing & Integration
- Support & Maintenance
- IoT Infrastructure
- Education & Training
By Organization Size
By Deployment Type
By Application
- Smart Manufacturing
- Smart Transport & Logistics
- Smart Energy
- Smart Healthcare
- Smart Retail
- Smart Buildings
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- Cognizant Technology Solutions Corporation
- IBM Corporation
- Oracle Corporation
- Tata Consultancy Services Ltd.
- NTT Data Corporation
- Infosys Limited
- Atos Group
- Capgemini SE
- DXC Technology Company
TABLE 1 Asia Pacific IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT Professional Services Market
TABLE 4 Product Launches And Product Expansions– IoT Professional Services Market
TABLE 5 Acquisition and Mergers– IoT Professional Services Market
TABLE 6 Asia Pacific IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 7 Asia Pacific IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 8 Asia Pacific IoT Consulting Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific IoT Consulting Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific System Designing & Integration Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific System Designing & Integration Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Support & Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Support & Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific IoT Infrastructure Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific IoT Infrastructure Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Education & Training Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Education & Training Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 19 Asia Pacific IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific SMEs Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific SMEs Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 25 Asia Pacific IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 26 Asia Pacific On-Premises Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific On-Premises Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Cloud Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Cloud Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 31 Asia Pacific IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Smart Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Smart Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Smart Transport & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Smart Transport & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Smart Energy Market by Country, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Smart Energy Market by Country, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Smart Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Smart Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific Smart Retail Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific Smart Retail Market by Country, 2022 - 2028, USD Million
TABLE 42 Asia Pacific Smart Buildings Market by Country, 2018 - 2021, USD Million
TABLE 43 Asia Pacific Smart Buildings Market by Country, 2022 - 2028, USD Million
TABLE 44 Asia Pacific IoT Professional Services Market by Country, 2018 - 2021, USD Million
TABLE 45 Asia Pacific IoT Professional Services Market by Country, 2022 - 2028, USD Million
TABLE 46 China IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 47 China IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 48 China IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 49 China IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 50 China IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 51 China IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 52 China IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 53 China IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 54 China IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 55 China IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 56 Japan IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 57 Japan IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 58 Japan IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 59 Japan IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 60 Japan IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 61 Japan IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 62 Japan IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 63 Japan IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 64 Japan IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 65 Japan IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 66 India IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 67 India IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 68 India IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 69 India IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 70 India IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 71 India IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 72 India IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 73 India IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 74 India IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 75 India IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 76 South Korea IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 77 South Korea IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 78 South Korea IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 79 South Korea IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 80 South Korea IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 81 South Korea IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 82 South Korea IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 83 South Korea IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 84 South Korea IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 85 South Korea IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 86 Singapore IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 87 Singapore IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 88 Singapore IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 89 Singapore IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 90 Singapore IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 91 Singapore IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 92 Singapore IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 93 Singapore IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 94 Singapore IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 95 Singapore IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 96 Malaysia IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 97 Malaysia IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 98 Malaysia IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 99 Malaysia IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 100 Malaysia IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 101 Malaysia IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 102 Malaysia IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 103 Malaysia IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 104 Malaysia IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 105 Malaysia IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 106 Rest of Asia Pacific IoT Professional Services Market, 2018 - 2021, USD Million
TABLE 107 Rest of Asia Pacific IoT Professional Services Market, 2022 - 2028, USD Million
TABLE 108 Rest of Asia Pacific IoT Professional Services Market by Type, 2018 - 2021, USD Million
TABLE 109 Rest of Asia Pacific IoT Professional Services Market by Type, 2022 - 2028, USD Million
TABLE 110 Rest of Asia Pacific IoT Professional Services Market by Organization Size, 2018 - 2021, USD Million
TABLE 111 Rest of Asia Pacific IoT Professional Services Market by Organization Size, 2022 - 2028, USD Million
TABLE 112 Rest of Asia Pacific IoT Professional Services Market by Deployment Type, 2018 - 2021, USD Million
TABLE 113 Rest of Asia Pacific IoT Professional Services Market by Deployment Type, 2022 - 2028, USD Million
TABLE 114 Rest of Asia Pacific IoT Professional Services Market by Application, 2018 - 2021, USD Million
TABLE 115 Rest of Asia Pacific IoT Professional Services Market by Application, 2022 - 2028, USD Million
TABLE 116 Key information – Accenture PLC
TABLE 117 Key information – IBM Corporation
TABLE 118 Key Information – Cognizant Technology Solutions Corporation
TABLE 119 Key Information – Oracle Corporation
TABLE 120 Key Information – Tata Consultancy Services Ltd.
TABLE 121 Key Information – NTT Data Corporation
TABLE 122 Key Information – Infosys Limited
TABLE 123 key information – Atos Group
TABLE 124 Key Information – Capgemini SE
TABLE 125 key information – DXC Technology Company
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisition and Mergers: 2018, Oct – 2022, Sep) Leading Players
FIG 6 Recent strategies and developments: Accenture PLC
FIG 7 Swot analysis: Accenture plc
FIG 8 Recent strategies and developments: IBM Corporation
FIG 9 Swot analysis: IBM Corporation
FIG 10 Swot analysis: cognizant technology solutions corporation
FIG 11 SWOT analysis: Oracle Corporation
FIG 12 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 13 SWOT Analysis: NTT Data Corporation
FIG 14 Recent strategies and developments: Infosys Limited
FIG 15 SWOT Analysis: Infosys Limited
FIG 16 Recent strategies and developments: Atos Group
FIG 17 SWOT Analysis: Atos Group