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IoT Engineering Services Market by Service Type (Product Engineering, Cloud & Platform Engineering, UI/UX Design, Analytics, Security, Maintenance Services), End User, Vertical (Industrial Manufacturing & Automotive), and Region - Global Forecast to 2022

IoT Engineering Services Market by Service Type (Product Engineering, Cloud & Platform Engineering, UI/UX Design, Analytics, Security, Maintenance Services), End User, Vertical (Industrial Manufacturing & Automotive), and Region - Global Forecast to 2022

The IoT engineering services market size is estimated to grow at a CAGR of 24.5% during the forecast period
The IoT engineering services market size is expected to grow from USD 9.87 billion in 2017 to USD 29.53 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 24.5% during the forecast period. 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. However, enterprises face various obstacles while adopting IoT engineering services, due to varying IoT standards and protocols for interconnectivity and interoperability.

The Small and Medium-Sized Enterprises (SMEs) end user segment is expected to have the fastest growth rate during the forecast period
SMEs have realized that immediate response, quick business decisions, and customer satisfaction are the key features to expand the business, generate more revenues, and ensure the desired outcome. Therefore, SMEs are coming up with tailored needs to manage heterogeneous devices and online transaction processing, using reliable device management solutions. It is also believed that the SMEs are facing tough challenges to monitor and manage their heterogeneous devices and systems. As a result, they are adopting reliable IoT engineering services to monitor and manage the business operations and functions.

Industrial manufacturing vertical is expected to have the largest market share during the forecast period
The industrial manufacturing vertical includes network management, data management, security solutions, and remote monitoring. Industrial manufacturing is a complex process, and the IoT engineering services play a key role in eliminating the complexity associated with the technology. The IoT engineering service providers offer comprehensive services by deploying the latest techniques and tools, skills, knowledge, and strategies, to address an organization’s technological needs. Using experience engineering, the service providers are also keen on sketching intelligent designs of machines and production to improve the manufacturing processes and applications for attaining the higher economy of scale.

Asia Pacific (APAC) is expected to have the fastest growth rate during the forecast period
APAC is estimated to have the fastest growth rate and expected to dominate the IoT engineering services market during the forecast period, owing to the increasing adoption of advanced technologies, steady economic growth, and ongoing smart city initiatives. The competition in this region is fragmented and the IoT service providers are looking at expanding the base of their services to most of the countries in the region, because of the improving infrastructure and other business strategic moves. Organizations in the region lag behind their counterparts, North America and Europe, in terms of information, security awareness, and technical expertise. The adoption of IoT engineering and testing services is said to be gaining traction in the region to transform the business operations. This region covers some of the potential countries, namely, China, Japan, South Korea, Indonesia, Thailand, Malaysia, and Singapore.

The break-up profiles of primary participants are given below:
• By company: Tier 1: 53%, Tier 2: 33%, and Tier 3: 14%
• By designation: C-level: 60%, Manager level: 30%, and Director Level: 10%
• By region: North America: 35%, Europe: 30%, APAC: 25%, and RoW: 10%

The following are the key IoT engineering service providers discussed in the report:
1. Aricent (US)
2. Wipro (India)
3. Capgemini (France)
4. IBM (US)
5. TCS (India)
6. Happiest Minds (India)
7. Infosys (India)
8. Cognizant (US)
9. eInfochips (US)
10. RapidValue (US)
11. Tech Mahindra (India)

Research Coverage
The IoT engineering services market has been segmented on the basis of service types, end users, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews; IoT engineering services offering; key strategies; new IoT engineering service launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the IoT engineering services market.

The report will help the market leaders/new entrants in this market in the following ways:
• This report segments the IoT engineering services market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions.
• This report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
• This report helps stakeholders to better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED
    • CURRENCY CONSIDERED
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2014-2016
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE IOT ENGINEERING SERVICES MARKET
    • IOT ENGINEERING SERVICES MARKET, BY REGION
    • IOT ENGINEERING SERVICES MARKET, BY END USER
    • IOT ENGINEERING SERVICES MARKET, BY SERVICE TYPE AND REGION
    • IOT ENGINEERING SERVICES MARKET, BY VERTICAL
    • MARKET INVESTMENT SCENARIO
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • INDUSTRY TRENDS
      • IOT ENGINEERING SERVICES: USE CASES
  • IOT ENGINEERING SERVICES MARKET ANALYSIS, BY SERVICE TYPE
    • INTRODUCTION
      • Table IOT ENGINEERING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD MILLION)
    • PRODUCT ENGINEERING
      • Table PRODUCT ENGINEERING: IOT ENGINEERING SERVICES MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table PRODUCT ENGINEERING: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION,2015-2022 (USD MILLION)
      • CONNECTED DEVICES ENGINEERING
        • Table CONNECTED DEVICES ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
        • Table CONNECTED DEVICES ENGINEERING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table MOBILE APPLICATION DEVELOPMENT MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table PROTOCOL AND COMPONENT DEVELOPMENT MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table PROTOTYPE TESTING AND VALIDATION MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table SYSTEM INTEGRATION MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • SOFTWARE ENGINEERING
        • Table SOFTWARE ENGINEERING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • CLOUD ENGINEERING
      • Table CLOUD ENGINEERING: IOT ENGINEERING SERVICES MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table CLOUD ENGINEERING: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • DEVOPS ENGINEERING
        • Table DEVOPS ENGINEERING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • CLOUD ARCHITECTURE
        • Table CLOUD ARCHITECTURE MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • EMBEDDED PLATFORM ENGINEERING
        • Table EMBEDDED PLATFORM ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
        • Table EMBEDDED PLATFORM ENGINEERING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table PLATFORM MIGRATION MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
        • Table MIDDLEWARE DEVELOPMENT MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • TESTING AND VALIDATION
        • Table TESTING AND VALIDATION MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • EXPERIENCE ENGINEERING
      • Table EXPERIENCE ENGINEERING: IOT ENGINEERING SERVICES MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table EXPERIENCE ENGINEERING: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • USER INTERFACE DESIGN
        • Table USER INTERFACE DESIGN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • HUMAN MACHINE INTERFACE ENGINEERING
        • Table HUMAN MACHINE INTERFACE ENGINEERING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • EXPERIENCE PLANNING AND ASSESSMENT
        • Table EXPERIENCE PLANNING AND ASSESSMENT MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • ANALYTICS SERVICES
      • Table ANALYTICS SERVICES: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • MAINTENANCE SERVICES
      • Table MAINTENANCE SERVICES: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • SECURITY ENGINEERING
      • Table SECURITY ENGINEERING: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table OTHERS: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • IOT ENGINEERING SERVICES MARKET ANALYSIS, BY END USER
    • INTRODUCTION
      • Table IOT ENGINEERING SERVICES MARKET SIZE, BY END USER, 2015-2022 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • Table SMALL AND MEDIUM-SIZED ENTERPRISES: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • IOT ENGINEERING SERVICES MARKET ANALYSIS, BY VERTICAL
    • INTRODUCTION
      • Table IOT ENGINEERING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • AUTOMOTIVE
      • Table AUTOMOTIVE: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • AEROSPACE AND DEFENSE
      • Table AEROSPACE AND DEFENSE: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • HEALTHCARE
      • Table HEALTHCARE: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • TRANSPORTATION AND LOGISTICS
      • Table TRANSPORTATION AND LOGISTICS: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • IT AND TELECOM
      • Table IT AND TELECOM: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • INDUSTRIAL MANUFACTURING
      • Table INDUSTRIAL MANUFACTURING: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • ENERGY AND UTILITIES
      • Table ENERGY AND UTILITIES: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • OTHERS
      • Table OTHERS: IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table IOT ENGINEERING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: IOT ENGINEERING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: PRODUCT ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: CONNECTED DEVICES ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: CLOUD ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: EMBEDDED PLATFORM ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: EXPERIENCE ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: IOT ENGINEERING SERVICES MARKET SIZE, BY END USER, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: IOT ENGINEERING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: IOT ENGINEERING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: PRODUCT ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: CONNECTED DEVICES ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: CLOUD ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: EMBEDDED PLATFORM ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: EXPERIENCE ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: IOT ENGINEERING SERVICES MARKET SIZE, BY END USER, 2015-2022 (USD MILLION)
      • Table EUROPE: IOT ENGINEERING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: IOT ENGINEERING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: PRODUCT ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: CONNECTED DEVICES ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: CLOUD ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: EMBEDDED PLATFORM ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: EXPERIENCE ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: IOT ENGINEERING SERVICES MARKET SIZE, BY END USER, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: IOT ENGINEERING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: IOT ENGINEERING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PRODUCT ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: CONNECTED DEVICES ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: CLOUD ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EMBEDDED PLATFORM ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: EXPERIENCE ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: IOT ENGINEERING SERVICES MARKET SIZE, BY END USER, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: IOT ENGINEERING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: IOT ENGINEERING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: PRODUCT ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: CONNECTED DEVICES ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: CLOUD ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: EMBEDDED PLATFORM ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: EXPERIENCE ENGINEERING MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: IOT ENGINEERING SERVICES MARKET SIZE, BY END USER, 2015-2022 (USD MILLION)
      • Table LATIN AMERICA: IOT ENGINEERING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • MARKET RANKING ANALYSIS, BY COMPANY
      • Table MARKET RANKING FOR THE IOT ENGINEERING SERVICES MARKET, 2017
  • COMPANY PROFILES
    • ARICENT
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • WIPRO
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • CAPGEMINI
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • IBM
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • TCS
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HAPPIEST MINDS
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • INFOSYS
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • COGNIZANT
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • EINFOCHIPS
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • RAPIDVALUE
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • TECH MAHINDRA
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • PRODAPT SOLUTIONS
      • OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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