The IoT Telecom Services Market size is expected to grow from USD 2.90 billion in 2016 to USD 17.67 billion by 2021.
The NB-IoT connectivity technology component of IoT telecom services market is estimated to grow at the highest rate during the forecast period due to the emergence of low-power high-range wireless connectivity technologies. The market is also projected to grow at the highest rate in the transportation, logistics tracking, and traffic management application during the forecast period due to the adoption of smart technologies for managing traffic and logistics. Network security management solution is expected to grow at the highest rate during the forecast period as it secures the data and resources in a network by employing firewall and other IoT-enabled security solutions for effective network management.
North America is expected to account for the largest market share in the IoT telecom services market, followed by Europe in 2016. Due to rising adoption of smart connected devices and technologies and telcos promoting OTT applications are the factors increasing the adoption of IoT telecom services.
Lack of regulation for spectrum allocation is a major restraint to the growth of the market. The IoT telecom services market is highly fragmented wherein relationships with telecom service providers and IoT platform vendors can change regionally, thereby considerably impacting the relationships between IoT platform providers and Network-as-a Service providers.
- AT&T, Inc.
- China Mobile Ltd.
- Deutsche Telekom AG
- Huawei Technologies Co., Ltd
- Sprint Corporation
- Swisscom AG
- T-Mobile USA, Inc.
- Verizon Communications, Inc.
- Vodafone Group PLC
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 IoT Telecom Services Market Analysis, By Component
8 IoT Telecom Services Connectivity Technology Market Analysis
9 IoT Telecom Services Network Management Solutions Market Analysis
10 IoT Telecom Services Market Analysis, By Service Type
11 IoT Telecom Services Market Analysis, By Application
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/jgnl6n/iot_telecom
Research and Markets
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SOURCE Research and Markets