Europe IoT Engineering Services Market to Grow at 22% CAGR until 2023
With continuous technological innovations,
data telecommuting and mobility trends, and increasing IT quotient among
millennials, businesses and government organizations, the demand for smart and
connected things is growing, consequently driving IoT engineering services
market in Europe
According to TechSci Research report, “Europe
IoT Engineering Services Market By Service, By End User Sector, By Country,
Competition Forecast & Opportunities, 2013 – 2023”, IoT engineering services market
in the region is
forecast to exhibit a CAGR of over
22% during 2018 - 2023. Growing digitalization is driving the adoption of Social, Mobile, Analytics, Cloud and Things (SMACT) technologies across various sectors,
including manufacturing, transportation, logistics, finance, and energy &
utilities. This adoption is adding on to the existing technological, security
and business complexities, thereby requiring the deployment of IoT engineering
services to ensure the smooth operational functionality.
Browse 25 Figures spread through 57 Pages and an in-depth TOC on "Europe IoT Engineering
Services Market"
https://www.techsciresearch.com/report/europe-iot-engineering-services-market/3426.html
Germany dominated
the Europe IoT engineering services market in 2017
and is anticipated to maintain its market dominance in the coming years as
well, on the back of its digitalized
governance and tech-savvy population. As growing business-technology interdependencies are resulting in increased data privacy, theft and loss concerns, demand for security engineering services is expected to grow at a robust
pace across Europe. Consequently, this service segment is likely to exhibit the
fastest growth rate during the forecast period. Manufacturing sector holds the
largest market share, backed by rapid proliferation of Industrial IoT and Industrie
4.0 in the sector.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3426
Customers
can also request for 10% free customization on this report.
“Smart technology
penetration, rapidly proliferating commercialization, ongoing digital
revolution, evolving business infrastructure and burgeoning security
vulnerabilities in Europe are contributing to the growing competitive pressure
in the marketplace, consequently, leading to the growing deployment of IoT
engineering services, to ensure business stability in the marketplace.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Europe IoT Engineering Services Market By
Service, By End User Sector, By Country, Competition Forecast &
Opportunities, 2013 – 2023” has evaluated the future growth potential of the
IoT engineering services market and provides statistics and information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers to take sound
investment decisions. Besides, the report also identifies and analyses the
emerging trends along with essential drivers, challenges and opportunities existing
in the market.
About TechSci Research
TechSci Research is a leading global market research firm publishing
premium market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based
consulting assignments in high growth and emerging markets, leading
technologies and niche applications. Our workforce of more than 100 fulltime
Analysts and Consultants employing innovative research solutions and tracking
global and country specific high growth markets helps TechSci clients to lead
rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]