North America Iot Managed Services Market Forecast 2017-2025
KEY FINDINGS The North America IOT managed services market accounted for the biggest market share, by generating a revenue of $8468 million in the year 2016. The market is predicted to further grow with a CAGR of 20.84% for the forecast period of 2017-2025.
MARKET INSIGHTS The market is segmented on the basis of organization size, end-users, and services. The North American market is majorly driven by its outstanding start-up culture, innovations in technologies and sufficient government support for investment risks. However, the possibility of data loss due to vulnerable security in the region is a constant threat for the IOT market.
COMPETITIVE INSIGHTS Microsoft Corporation, Oracle Corporation, Accenture Plc, AT&T, Apple, Inc. (U.S.), Google Inc, Intel Security Group, SAP, Huawei Technologies, IBM and Cisco Systems Inc are some of the leading market players in the North American region.