The North America IoT Professional Services Market would witness market growth of 6.0% CAGR during the forecast period (2022-2028).
The market is growing as a result of the increased need for reducing operational and capital costs. The global IoT professional services market has expanded due to the rising demand for highly customized IoT professional services in the industrial and transportation sectors and the expanding use of digital transformation services in companies.
However, the market's expansion is being hampered by adopting the IoT professional service market from existing IT infrastructure to the new one and less qualified professionals. IoT devices also offer the ability to carry out various tasks in real-time. IoT device adoption is increasing globally, and data analysis insights enable practical actions to advance the enterprise. You can access and manage linked devices via various devices, including mobile phones, desktop PCs, tablets, and wearables.
Some of the largest telecom industry firms, including AT&T, IBM, and General Electric, are based in the North America region and are constantly investing in expanding and improving their infrastructure to stay up with technological breakthroughs. IoT device adoption is anticipated to increase because of quick and secure 5G connectivity, enabling flexible production and agile operations. It is projected that this technology will make automated assembly, networked logistics, product handling, packing, and autonomous carts possible.
The US market dominated the North America IoT Professional Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $45,453.1 million by 2028. The Canada market is poised to grow at a CAGR of 8.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.5% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global IoT Professional Services Market is Estimated to reach $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.
By Type
By Organization Size
By Deployment Type
By Application
By Country
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