IoT Managed ServicesSize, Share, and Outlook, H2-2025 Report-By Type (Security, Network, Infrastructure, Device, Data), By Application (Energy and Utilities, IT and Telecom, Manufacturing, Transportation, Retail, Others), Companies, 2021-2032
Description
IoT Managed Services Market Outlook
The IoT Managed Services Market size is expected to register a robust growth rate during the forecast period from 2025 to 2032. The IoT Managed Services market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on IoT Managed Services segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Security, Network, Infrastructure, Device, Data), By Application (Energy and Utilities, IT and Telecom, Manufacturing, Transportation, Retail, Others). Over 70 tables and charts showcase findings from our latest survey report on IoT Managed Services markets.
IoT Managed Services Market Insights, 2025
The IoT managed services market is gaining traction as organizations increasingly seek third-party expertise to manage the complexity of deploying, securing, and optimizing large-scale IoT ecosystems. These services encompass end-to-end offerings including connectivity management, device provisioning, data analytics, cybersecurity, and compliance oversight. Telecom operators, system integrators, and cloud providers like Vodafone, IBM, Accenture, and AT&T are capitalizing on this trend by offering tailored IoT managed service packages for industries such as manufacturing, smart cities, agriculture, and logistics. The growing heterogeneity of devices and protocols, coupled with a shortage of in-house IoT talent, is driving enterprises toward managed solutions that ensure faster time-to-value. Security and lifecycle management of thousands of connected endpoints remain a top concern, with service providers offering real-time monitoring, firmware updates, and threat detection as part of their value proposition. The integration of AI and edge computing into managed services is also helping optimize decision-making and reduce bandwidth costs. Regulatory pressures—such as data sovereignty and sector-specific compliance—further reinforce the appeal of outsourced IoT management. As IoT deployments move from experimentation to mission-critical scale, managed services are essential for sustainable and secure operations..
Five Trends that will define global IoT Managed Services market in 2025 and Beyond
A closer look at the multi-million market for IoT Managed Services identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading IoT Managed Services companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of IoT Managed Services vendors.
What are the biggest opportunities for growth in the IoT Managed Services industry?
The IoT Managed Services sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
IoT Managed Services Market Segment Insights
The IoT Managed Services industry presents strong offers across categories. The analytical report offers forecasts of IoT Managed Services industry performance across segments and countries. Key segments in the industry include- By Type (Security, Network, Infrastructure, Device, Data), By Application (Energy and Utilities, IT and Telecom, Manufacturing, Transportation, Retail, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, IoT Managed Services market size outlook is provided for 22 countries across these regions.
Market Value Chain
The chapter identifies potential companies and their operations across the global IoT Managed Services industry ecosystem. It assists decision-makers in evaluating global IoT Managed Services market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the IoT Managed Services industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific IoT Managed Services Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe IoT Managed Services Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for IoT Managed Services with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key IoT Managed Services market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US IoT Managed Services market Insights- Vendors are exploring new opportunities within the US IoT Managed Services industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US IoT Managed Services companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American IoT Managed Services market.
Latin American IoT Managed Services market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa IoT Managed Services Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African IoT Managed Services markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern IoT Managed Services markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How IoT Managed Services companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Cisco Systems Inc, Cognizant Technology Solutions Corp, Harman International Industries Inc, HCL Technologies Ltd, Infosys Ltd, Tata Consultancy Services Ltd, Tech Mahindra Ltd, Tieto Corp, Virtusa Corp, Wipro Ltd.
IoT Managed Services Market Segmentation
By Type
Security
Network
Infrastructure
Device
Data
By Application
Energy and Utilities
IT and Telecom
Manufacturing
Transportation
Retail
Others
Leading Companies
Cisco Systems Inc
Cognizant Technology Solutions Corp
Harman International Industries Inc
HCL Technologies Ltd
Infosys Ltd
Tata Consultancy Services Ltd
Tech Mahindra Ltd
Tieto Corp
Virtusa Corp
Wipro Ltd
Reasons to Buy the report Make informed decisions through long and short-term forecasts across 22 countries and segments. Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond. Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies. Get an integrated understanding of the entire market ecosystem and companies. Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion. Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights. Get free Excel spreadsheet and PPT versions along with the report PDF.
The IoT Managed Services Market size is expected to register a robust growth rate during the forecast period from 2025 to 2032. The IoT Managed Services market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on IoT Managed Services segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Security, Network, Infrastructure, Device, Data), By Application (Energy and Utilities, IT and Telecom, Manufacturing, Transportation, Retail, Others). Over 70 tables and charts showcase findings from our latest survey report on IoT Managed Services markets.
IoT Managed Services Market Insights, 2025
The IoT managed services market is gaining traction as organizations increasingly seek third-party expertise to manage the complexity of deploying, securing, and optimizing large-scale IoT ecosystems. These services encompass end-to-end offerings including connectivity management, device provisioning, data analytics, cybersecurity, and compliance oversight. Telecom operators, system integrators, and cloud providers like Vodafone, IBM, Accenture, and AT&T are capitalizing on this trend by offering tailored IoT managed service packages for industries such as manufacturing, smart cities, agriculture, and logistics. The growing heterogeneity of devices and protocols, coupled with a shortage of in-house IoT talent, is driving enterprises toward managed solutions that ensure faster time-to-value. Security and lifecycle management of thousands of connected endpoints remain a top concern, with service providers offering real-time monitoring, firmware updates, and threat detection as part of their value proposition. The integration of AI and edge computing into managed services is also helping optimize decision-making and reduce bandwidth costs. Regulatory pressures—such as data sovereignty and sector-specific compliance—further reinforce the appeal of outsourced IoT management. As IoT deployments move from experimentation to mission-critical scale, managed services are essential for sustainable and secure operations..
Five Trends that will define global IoT Managed Services market in 2025 and Beyond
A closer look at the multi-million market for IoT Managed Services identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading IoT Managed Services companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of IoT Managed Services vendors.
What are the biggest opportunities for growth in the IoT Managed Services industry?
The IoT Managed Services sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
IoT Managed Services Market Segment Insights
The IoT Managed Services industry presents strong offers across categories. The analytical report offers forecasts of IoT Managed Services industry performance across segments and countries. Key segments in the industry include- By Type (Security, Network, Infrastructure, Device, Data), By Application (Energy and Utilities, IT and Telecom, Manufacturing, Transportation, Retail, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, IoT Managed Services market size outlook is provided for 22 countries across these regions.
Market Value Chain
The chapter identifies potential companies and their operations across the global IoT Managed Services industry ecosystem. It assists decision-makers in evaluating global IoT Managed Services market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the IoT Managed Services industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific IoT Managed Services Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe IoT Managed Services Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for IoT Managed Services with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key IoT Managed Services market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US IoT Managed Services market Insights- Vendors are exploring new opportunities within the US IoT Managed Services industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US IoT Managed Services companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American IoT Managed Services market.
Latin American IoT Managed Services market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa IoT Managed Services Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African IoT Managed Services markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern IoT Managed Services markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How IoT Managed Services companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Cisco Systems Inc, Cognizant Technology Solutions Corp, Harman International Industries Inc, HCL Technologies Ltd, Infosys Ltd, Tata Consultancy Services Ltd, Tech Mahindra Ltd, Tieto Corp, Virtusa Corp, Wipro Ltd.
IoT Managed Services Market Segmentation
By Type
Security
Network
Infrastructure
Device
Data
By Application
Energy and Utilities
IT and Telecom
Manufacturing
Transportation
Retail
Others
Leading Companies
Cisco Systems Inc
Cognizant Technology Solutions Corp
Harman International Industries Inc
HCL Technologies Ltd
Infosys Ltd
Tata Consultancy Services Ltd
Tech Mahindra Ltd
Tieto Corp
Virtusa Corp
Wipro Ltd
Reasons to Buy the report
Table of Contents
167 Pages
- 1. Table of Contents
- List of Figures and Tables
- 2. Executive Summary
- 2.1 Key Highlights
- 2.1.1 IoT Managed Services Market Size Outlook, 2018-2024 and 2025-2032
- 2.1.2 Largest IoT Managed Services Market Types and Applications
- 2.1.3 Fastest Growing Segments
- 2.1.4 Potential Markets
- 2.1.5 Market Concentration
- 2.2 Market Scope and Segmentation
- 2.2.1 Market Scope- Segments
- 2.2.2 Market Scope- Countries
- 2.2.3 Macroeconomic and Demographic Outlook
- 2.2.4 Abbreviations
- 2.2.5 Units and Currency Conversions
- 3. Research Methodology
- 3.1 Primary Research Surveys
- 3.2 Secondary Data Sources
- 3.3 Data Triangulation
- 3.4 Forecast Methodology
- 3.5 Assumptions and Limitations
- 4. Introduction to Global IoT Managed Services Market in 2025
- 4.1 Industry Panorama
- 4.2 Leading Companies Profiled in the Study
- 4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
- 4.4 Market Dynamics
- 4.4.1 Market Dynamics- Trends and Drivers
- 4.4.2 Market Dynamics- Opportunities and Challenges
- 4.5 Regional Analysis
- 4.6 Porter’s Five Force Analysis
- 4.6.1 Intensity of Competitive Rivalry
- 4.6.2 Threat of New Entrants
- 4.6.3 Threat of Substitutes
- 4.6.4 Bargaining Power of Buyers
- 4.6.5 Bargaining Power of Suppliers
- 4.7 IoT Managed Services Industry Value Chain Analysis
- 4.7.1 Stage of Value Chain
- 4.7.2 Key Activities of Companies
- 4.7.3 Companies Included in Each Stage
- 4.7.4 Key Insights
- 5. IoT Managed Services Market Outlook to 2032
- 5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
- 5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
- 5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
- By Type
- Security
- Network
- Infrastructure
- Device
- Data
- By Application
- Energy and Utilities
- IT and Telecom
- Manufacturing
- Transportation
- Retail
- Others
- 6. Global IoT Managed Services Market Outlook across Growth Scenarios
- 6.1 Low Growth Scenario
- 6.2 Base/Reference Case
- 6.3 High Growth Scenario
- 6. North America IoT Managed Services Market Size Outlook
- 6.1 Key Market Statistics, 2024
- 6.2 North America IoT Managed Services Market Trends and Growth Opportunities
- 6.2.1 North America IoT Managed Services Market Outlook by Type
- 6.2.2 North America IoT Managed Services Market Outlook by Application
- 6.3 North America IoT Managed Services Market Outlook by Country
- 6.3.1 The US IoT Managed Services Market Outlook, 2021- 2032
- 6.3.2 Canada IoT Managed Services Market Outlook, 2021- 2032
- 6.3.3 Mexico IoT Managed Services Market Outlook, 2021- 2032
- 7. Europe IoT Managed Services Market Size Outlook
- 7.1 Key Market Statistics, 2024
- 7.2 Europe IoT Managed Services Market Trends and Growth Opportunities
- 7.2.1 Europe IoT Managed Services Market Outlook by Type
- 7.2.2 Europe IoT Managed Services Market Outlook by Application
- 7.3 Europe IoT Managed Services Market Outlook by Country
- 7.3.2 Germany IoT Managed Services Market Outlook, 2021- 2032
- 7.3.3 France IoT Managed Services Market Outlook, 2021- 2032
- 7.3.4 The UK IoT Managed Services Market Outlook, 2021- 2032
- 7.3.5 Spain IoT Managed Services Market Outlook, 2021- 2032
- 7.3.6 Italy IoT Managed Services Market Outlook, 2021- 2032
- 7.3.7 Russia IoT Managed Services Market Outlook, 2021- 2032
- 7.3.8 Rest of Europe IoT Managed Services Market Outlook, 2021- 2032
- 8. Asia Pacific IoT Managed Services Market Size Outlook
- 8.1 Key Market Statistics, 2024
- 8.2 Asia Pacific IoT Managed Services Market Trends and Growth Opportunities
- 8.2.1 Asia Pacific IoT Managed Services Market Outlook by Type
- 8.2.2 Asia Pacific IoT Managed Services Market Outlook by Application
- 8.3 Asia Pacific IoT Managed Services Market Outlook by Country
- 8.3.1 China IoT Managed Services Market Outlook, 2021- 2032
- 8.3.2 India IoT Managed Services Market Outlook, 2021- 2032
- 8.3.3 Japan IoT Managed Services Market Outlook, 2021- 2032
- 8.3.4 South Korea IoT Managed Services Market Outlook, 2021- 2032
- 8.3.5 Australia IoT Managed Services Market Outlook, 2021- 2032
- 8.3.6 South East Asia IoT Managed Services Market Outlook, 2021- 2032
- 8.3.7 Rest of Asia Pacific IoT Managed Services Market Outlook, 2021- 2032
- 9. South America IoT Managed Services Market Size Outlook
- 9.1 Key Market Statistics, 2024
- 9.2 South America IoT Managed Services Market Trends and Growth Opportunities
- 9.2.1 South America IoT Managed Services Market Outlook by Type
- 9.2.2 South America IoT Managed Services Market Outlook by Application
- 9.3 South America IoT Managed Services Market Outlook by Country
- 9.3.1 Brazil IoT Managed Services Market Outlook, 2021- 2032
- 9.3.2 Argentina IoT Managed Services Market Outlook, 2021- 2032
- 9.3.3 Rest of South and Central America IoT Managed Services Market Outlook, 2021- 2032
- 10. Middle East and Africa IoT Managed Services Market Size Outlook
- 10.1 Key Market Statistics, 2024
- 10.2 Middle East and Africa IoT Managed Services Market Trends and Growth Opportunities
- 10.2.1 Middle East and Africa IoT Managed Services Market Outlook by Type
- 10.2.2 Middle East and Africa IoT Managed Services Market Outlook by Application
- 10.3 Middle East and Africa IoT Managed Services Market Outlook by Country
- 10.3.1 Saudi Arabia IoT Managed Services Market Outlook, 2021- 2032
- 10.3.2 The UAE IoT Managed Services Market Outlook, 2021- 2032
- 10.3.3 Rest of Middle East IoT Managed Services Market Outlook, 2021- 2032
- 10.3.4 South Africa IoT Managed Services Market Outlook, 2021- 2032
- 10.3.5 Egypt IoT Managed Services Market Outlook, 2021- 2032
- 10.3.6 Rest of Africa IoT Managed Services Market Outlook, 2021- 2032
- 11. Company Profiles
- 11.1 Leading 10 Companies
- Cisco Systems Inc
- Cognizant Technology Solutions Corp
- Harman International Industries Inc
- HCL Technologies Ltd
- Infosys Ltd
- Tata Consultancy Services Ltd
- Tech Mahindra Ltd
- Tieto Corp
- Virtusa Corp
- Wipro Ltd
- 11.2 Overview
- 11.3 Products and Services
- 11.4 SWOT Profile
- 12. Appendix
- 12.1 Subscription Options
- 12.2 Customization Options
- 12.3 Publisher Details
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