Europe IoT engineering
services market stood at $ 2.4 billion in 2017 and is projected to grow at a
CAGR of over 22% to surpass $ 7.9 billion by 2023, backed by expanding market
of smart and connected devices and ongoing industrial IoT adoption. Smart
projects represent the notion of ‘smart society’ formulated with smart
infrastructure, pertaining to smart cities, smart homes and smart healthcare
systems. These growing use cases of Social, Mobile, Analytics, Cloud and Things (SMACT) technologies
in Europe are expected to aid growth of the IoT engineering services market
across the region during forecast period.
Years
considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019–2023
Objective
of the Study:
- To define, segment, describe and forecast Europe
IoT engineering services market on the basis of service type, end use
sector and country.
- To analyze and forecast Europe IoT engineering
services market size.
- To scrutinize the detailed market segmentation
and forecast the market size, in terms of value, on the basis end user
sector by segmenting the Europe IoT engineering services market into five sectors,
namely, manufacturing, transportation & logistics, energy &
utilities, healthcare and others (government, agriculture, it &
telecom, education, aerospace & defense).
- To identify the drivers and challenges for Europe
IoT engineering services market.
- To strategically profile leading players operating
in Europe IoT engineering services market.
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Some of the major players operating
in the market are Altran Technologies, SA, Capgemini SE, Cognizant Technology
Solutions Corporation, IBM Corporation, Tata Consultancy Services, Tech
Mahindra Limited, Happiest Minds Technologies Private Limited, and Prodapt
Solutions Private Limited, among others.
TechSci Research performed both
primary as well as exhaustive secondary research for this study. Initially,
TechSci Research sourced a list of major Europe IoT engineering service developers,
providers and procurers. Subsequently, TechSci Research conducted primary
research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. TechSci Research further
analyzed the product offerings or variants, distribution channels, and regional
presence of major IoT engineering services providers.
TechSci Research calculated the Europe
IoT engineering services market size using a bottom-up approach, where data for
different components for standard application (end user sectors such as manufacturing, transportation &
logistics, energy & utilities, healthcare and others) was recorded and forecast for the
future years. TechSci Research sourced these values from industry experts and
company representatives and these were externally validated through analyzing
historical data of IoT engineering services market to arrive at the overall
market size. Various secondary sources such as company websites, annual reports,
World Bank website, government websites, press releases, white papers, investor
presentations and financial reports were also studied by TechSci Research.
Key Target
Audience:
- IoT Service Developers, Vendors &
Distributors
- Managed Service Providers
- Cloud and Security Service Providers
- System Integrators
- End-users of IoT engineering services such as manufacturing,
transportation & logistics, energy & utilities, healthcare &
other sectors
- Associations, organizations, forums and
alliances associated with IoT engineering services
- Market research and consulting firms
The study is useful in providing answers to several critical questions
that are important for industry stakeholders such as IoT engineering service
providers, procurers, customers and policy makers. The study would also help
them to target the growing segments over the coming years and aid them in
taking investment decisions and facilitating their expansion.
Report Scope:
In this report, the Europe IoT
engineering services market has been segmented into the following categories in
addition to the industry trends which have also been detailed below:
- Product
Engineering
- Cloud Engineering
- Experience Engineering
- Security Engineering
- Others (Analytics
Engineering, Maintenance, Testing & Validation)
- Market, by End Use Sector:
- Manufacturing
- Transportation
& Logistics
- Energy &
Utilities
- Healthcare
- Others (IT &
Telecom, Government, Education, Agriculture, Aerospace & Defense)
o Germany
o United Kingdom
o France
o Italy
o Spain
o Rest of
Region
Competitive
Landscape
Company
Profiles: Detailed analysis of the major companies providing IoT engineering
services in Europe.
Available
Customizations:
With
the given market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
·
Profiling of five more market players
In case you can’t find what
you are looking for, then please get in touch with our custom research team at sales@techsciresearch.com