Iot Telecom Services Market Size, Share, Trends and Forecasts, 2016 to 2022
- Submitted by: Marketreport
- Views: 41
- Category: Other
- Date Submitted: 10/12/2016 11:57 PM
- Pages: 3
- Report this Essay
According to Stratistics MRC, the Global IoT Telecom Services market is expected to grow from $2.48 billion in 2015 to $29.95 billion by 2022 with a CAGR of 42.8%. Requirement of smart network bandwidth management and automation in backend communication operations are fueling the market growth. In addition, increasing demand for better connectivity solution to connect smart devices and growing adoption of Bring Your Own Device (BYOD) among enterprise are the factors influencing the market growth. On the other hand, stringent regulations for spectrum allocation and pricing issues between telecom operators and Over-the-Top players are hindering the market growth.
Machine to Machine (M2M) billing management services segment dominates the market in the IoT telecom services market. North America accounted for the largest share in global IoT telecom services market followed by Europe. It is attributed to the services provided by large number of IoT telecom service providers and increasing adoption of smart technologies in North America region. Asia Pacific region is expected to witness fastest growth on account of huge investments to develop IoT telecom services.
Browse full report with TOC@ https://marketreportscenter.com/reports/415498/iot-telecom-services-global-market-outlook-2016-2022
Some of the key players in global IoT Telecom services market include Cymbet, EnOcean, G24i Power, GreenPeak Technologies, IMEC Holst, Infinite Power Solutions, Levant Power, Linear Technology, Lord Corp., Microchip Technology, Micropelt, Perpetuum, Schneider Electric, Sol-Chip, and Texas Instruments.
Components Covered:
Services
Network Management Solution
Connectivity Technology
Service Types Covered:
M2M Billing Services
IoT Billing and Subscription Management
Installation and Integration Services
Business Consulting Services
Device and Application Management Services
Management Solutions Covered:
Network Traffic Management
Network...
Machine to Machine (M2M) billing management services segment dominates the market in the IoT telecom services market. North America accounted for the largest share in global IoT telecom services market followed by Europe. It is attributed to the services provided by large number of IoT telecom service providers and increasing adoption of smart technologies in North America region. Asia Pacific region is expected to witness fastest growth on account of huge investments to develop IoT telecom services.
Browse full report with TOC@ https://marketreportscenter.com/reports/415498/iot-telecom-services-global-market-outlook-2016-2022
Some of the key players in global IoT Telecom services market include Cymbet, EnOcean, G24i Power, GreenPeak Technologies, IMEC Holst, Infinite Power Solutions, Levant Power, Linear Technology, Lord Corp., Microchip Technology, Micropelt, Perpetuum, Schneider Electric, Sol-Chip, and Texas Instruments.
Components Covered:
Services
Network Management Solution
Connectivity Technology
Service Types Covered:
M2M Billing Services
IoT Billing and Subscription Management
Installation and Integration Services
Business Consulting Services
Device and Application Management Services
Management Solutions Covered:
Network Traffic Management
Network...