Worldwide IoT Managed Services Market – Trends & Forecasts 2016-2022 Worldwide IoT Managed Services Market | Page 3

• Globally, the rising adoption rate of smart technologies in various industries has led the demand for the IoT technologies. Most of the businesses today are spending on smart technologies to improve their customer satisfaction, reduce the operational costs, and increase the ROI.
• Within few years, billions of devices will be connecting to the internet from various industries. The increase in the number of connected devices will lead to high demand for the managed services.
• To run the IoT technologies successfully, a properly managed service in each layer of IoT ecosystem is required. The IoT consists of devices, connectivity, security, applications and a properly managed service is required to manage these in an effective way. Hence managed services will play a major role in the IoT market.
Worldwide IoT Managed Services Market – Drivers, Opportunities, Trends, and Forecasts, 2016 – 2022

Market Overview

• Globally, the rising adoption rate of smart technologies in various industries has led the demand for the IoT technologies. Most of the businesses today are spending on smart technologies to improve their customer satisfaction, reduce the operational costs, and increase the ROI.
• Within few years, billions of devices will be connecting to the internet from various industries. The increase in the number of connected devices will lead to high demand for the managed services.
• To run the IoT technologies successfully, a properly managed service in each layer of IoT ecosystem is required. The IoT consists of devices, connectivity, security, applications and a properly managed service is required to manage these in an effective way. Hence managed services will play a major role in the IoT market.

Worldwide IoT Managed Services Market – Drivers, Opportunities, Trends, and Forecasts, 2016 – 2022

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