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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 130.95 Billion

CAGR (2026-2031)

6.17%

Fastest Growing Segment

IT & Telecom

Largest Market

North America

Market Size (2031)

USD 187.55 Billion

Market Overview

The Global IoT Professional Services Market will grow from USD 130.95 Billion in 2025 to USD 187.55 Billion by 2031 at a 6.17% CAGR. The Global IoT Professional Services Market consists of strategic consulting, system integration, and lifecycle management solutions that assist organizations in deploying and maintaining IoT ecosystems. Market growth is fueled by the accelerating pace of digital transformation and the increasing complexity of connecting disparate devices, which necessitates external technical expertise. Enterprises rely on these services to ensure interoperability and to derive actionable business insights from data. According to the IoT M2M Council, in 2024, 41% of surveyed companies identified the implementation of robust IoT security—a core service function—as a key competitive advantage for driving revenue.

Nevertheless, the market faces a substantial obstacle regarding the critical shortage of skilled professionals capable of managing intricate IoT architectures. This talent gap creates implementation bottlenecks, often leading to project delays and inflated operational costs for businesses attempting to modernize their infrastructure. Consequently, the scarcity of specialized workforce proficiency remains a formidable challenge that constrains the broader adoption and scalability of professional IoT services globally.

Key Market Drivers

The acceleration of Industry 4.0 and smart manufacturing initiatives is a primary force propelling the Global IoT Professional Services Market, as enterprises increasingly require expert guidance to integrate complex digital technologies into legacy operational environments. Manufacturers are aggressively adopting advanced tools to optimize production, necessitating third-party consultants for system architecture and implementation. For instance, according to Rockwell Automation, April 2024, in the '9th Annual State of Smart Manufacturing Report', 83% of manufacturers expect to deploy generative AI in their operations in 2024, a shift that demands specialized integration services to ensure compatibility and performance. This surge in high-tech adoption is occurring alongside a massive expansion in the underlying infrastructure that professional services must manage. According to Ericsson, in 2024, the total number of cellular IoT connections was projected to reach roughly 4.5 billion by the end of 2025, underscoring the scale of the ecosystem requiring professional lifecycle management and connectivity support.

Simultaneously, the market is being driven by a heightened focus on IoT cybersecurity and data governance, as the expanding attack surface of connected devices exposes organizations to severe vulnerabilities. As operational technology converges with IT networks, businesses are compelled to invest in professional security assessments and managed services to mitigate risks associated with unsecured endpoints. This urgency is highlighted by the escalating threat landscape; according to Zscaler, October 2024, in the 'ThreatLabz 2024 Mobile, IoT, and OT Threat Report', IoT malware attacks increased by 45% year-over-year, driven largely by botnets targeting weak credentials. Consequently, enterprises are prioritizing contracts with service providers capable of delivering robust threat monitoring and compliance frameworks to protect critical infrastructure from these sophisticated digital incursions.

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Key Market Challenges

The critical shortage of skilled professionals capable of managing intricate IoT architectures stands as a primary impediment to the growth of the Global IoT Professional Services Market. As enterprises aggressively pursue digital transformation, the complexity of connecting disparate devices requires specialized expertise in system integration and lifecycle management that is currently in short supply. This talent scarcity creates significant implementation bottlenecks, forcing service providers to extend project timelines and absorb inflated operational costs. Consequently, firms are often unable to scale their consulting and technical teams rapidly enough to meet surging demand, directly constraining their ability to take on new contracts and revenue opportunities.

The severity of this challenge is underscored by substantial deficits in the specific technical domains required for IoT deployment. According to CompTIA, in 2025, cybersecurity and software development—foundational pillars for secure and interoperable IoT ecosystems—represented the technology areas with the most critical skills gaps, reported by 45% and 37% of organizations respectively. This acute lack of proficiency hampers the delivery of core service functions, such as ensuring interoperability and data security. Without a sufficient workforce to execute these complex technical requirements, professional service providers face a hard limit on their capacity to facilitate broader market adoption.

Key Market Trends

The proliferation of Digital Twin technology is reshaping the market as enterprises move beyond basic connectivity toward creating immersive virtual models of physical assets. This shift requires extensive professional services to architect complex environments where operational technology integrates seamlessly with IT systems for advanced simulation. Service providers are increasingly tasked with building these high-fidelity digital counterparts to optimize production lifecycles and reduce time-to-market for industrial clients. The momentum behind this adoption is evident in investment patterns; according to Siemens, November 2024, in the 'Industrial Metaverse Report', 62% of globally operating companies increased their spending on industrial metaverse technologies, including digital twins, to drive efficiency and innovation.

Concurrently, the implementation of sustainable and green IoT strategies has emerged as a critical service domain driven by corporate decarbonization mandates. Organizations are engaging consultants to deploy IoT solutions designed for energy management and emissions tracking, transforming sustainability into a core operational objective. These projects demand specialized expertise in configuring sensor networks that provide granular visibility into environmental impact and automate energy-saving protocols. This focus on eco-efficient operations is yielding tangible results; according to Nokia, June 2024, in the '2024 Industrial Digitalization Report', 79% of organizations experienced a significant improvement in their sustainability efforts, reporting at least a 10% reduction in emissions after deploying industrial IoT solutions.

Segmental Insights

Based on leading market intelligence, the IT & Telecom segment is identified as the fastest-growing category within the Global IoT Professional Services Market. This rapid expansion is primarily driven by the extensive rollout of 5G infrastructure and the strategic shift of telecommunication providers toward becoming comprehensive IoT ecosystem enablers. As operators upgrade their networks to support the immense density of connected devices, there is a critical demand for specialized system integration and consulting services. Furthermore, the implementation of complex technologies such as network virtualization necessitates expert professional guidance to ensure seamless connectivity and operational efficiency across digital platforms.

Regional Insights

North America holds the leading position in the Global IoT Professional Services market driven by the early and widespread adoption of cloud technologies and data analytics. The presence of major technology corporations and extensive infrastructure development fosters a favorable environment for industrial automation. Additionally, federal initiatives promoting smart city projects and digital manufacturing strengthen the market. Organizations such as the National Institute of Standards and Technology play a vital role by developing frameworks that encourage secure system integration. Consequently, enterprises increasingly rely on professional services to navigate complex implementation and compliance requirements.

Recent Developments

  • In December 2025, Capgemini collaborated with ST Engineering iDirect to advance the development of 5G Non-Terrestrial Network (NTN) solutions, a critical component for global IoT connectivity. The partnership focused on engineering a satellite base station built on cloud-native fundamentals to facilitate seamless integration between terrestrial and satellite networks. This joint effort aimed to accelerate the adoption of standards-based connectivity, ensuring ubiquitous coverage for enterprises and operators worldwide. By combining deep satellite expertise with 5G software engineering, the companies sought to support robust IoT use cases that require reliable communication in remote and challenging environments.
  • In January 2025, HCLTech announced a strategic agreement with Carrix, a leading independent marine and rail terminal operator, to modernize its global port operations through advanced digital solutions. Under this collaboration, the technology firm began deploying its proprietary "AI of Things" (AIoT) platform to unify disparate terminal management tools into a single, optimized system. The initiative focused on utilizing automation and computer vision to generate real-time actionable insights, which were intended to improve worker safety, streamline compliance processes, and enhance overall operational efficiency across the client's extensive network of transportation ports.
  • In June 2024, Tata Consultancy Services inaugurated a new engineering laboratory in Cincinnati, Ohio, dedicated to accelerating digital innovation for its global clients. The facility, known as the "Bringing Life to Things Lab," was established to support rapid prototyping, experimentation, and the large-scale implementation of Artificial Intelligence, Generative AI, and Internet of Things engineering solutions. This investment highlighted the company's commitment to bridging the gap between operational and digital technology, enabling it to showcase and deploy a comprehensive suite of IoT solutions for customers operating in the manufacturing, energy, consumer goods, and life sciences sectors.
  • In May 2024, Accenture entered into a definitive agreement to acquire Openstream Holdings and its subsidiaries, a move designed to significantly strengthen its digital engineering and manufacturing capabilities. This strategic acquisition aimed to integrate approximately 1,000 cloud and digital experts into the company's workforce, enhancing its ability to assist clients in adopting advanced technologies such as the Internet of Things (IoT), artificial intelligence, and data analytics. By absorbing these specialized resources, the firm sought to bolster its professional services offerings across the entire product value chain, from procurement and logistics to after-sales support, thereby solidifying its position in the intelligent services market.

Key Market Players

  • Atos SE
  • Tata Consultancy Services Limited
  • Accenture PLC
  • International Business Machines Corporation
  • AT&T Inc.
  • Cognizant Technology Solutions Corp.
  • DXC Technology Company
  • Capgemini SE
  • Wipro Technologies
  • Oracle Corporation.

By Service Type

By Organization Size

By Deployment Type

By End Use Industry

By Region

  • IoT Consulting Service
  • IoT Infrastructure Service
  • System Designing & Integration Service
  • Support & Maintenance Service
  • and Education & Training Service
  • SMEs
  • Large Enterprises
  • Cloud
  • On-premises
  • IT & Telecom
  • Retail
  • Manufacturing
  • Healthcare
  • BFSI and Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global IoT Professional Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • IoT Professional Services Market, By Service Type:
  • IoT Consulting Service
  • IoT Infrastructure Service
  • System Designing & Integration Service
  • Support & Maintenance Service
  • and Education & Training Service
  • IoT Professional Services Market, By Organization Size:
  • SMEs
  • Large Enterprises
  • IoT Professional Services Market, By Deployment Type:
  • Cloud
  • On-premises
  • IoT Professional Services Market, By End Use Industry:
  • IT & Telecom
  • Retail
  • Manufacturing
  • Healthcare
  • BFSI and Others
  • IoT Professional Services Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global IoT Professional Services Market.

Available Customizations:

Global IoT Professional Services Market report 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:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global IoT Professional Services Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global IoT Professional Services Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Service Type (IoT Consulting Service, IoT Infrastructure Service, System Designing & Integration Service, Support & Maintenance Service, and Education & Training Service)

5.2.2.  By Organization Size (SMEs, Large Enterprises)

5.2.3.  By Deployment Type (Cloud, On-premises)

5.2.4.  By End Use Industry (IT & Telecom, Retail, Manufacturing, Healthcare, BFSI and Others)

5.2.5.  By Region

5.2.6.  By Company (2025)

5.3.  Market Map

6.    North America IoT Professional Services Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Service Type

6.2.2.  By Organization Size

6.2.3.  By Deployment Type

6.2.4.  By End Use Industry

6.2.5.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States IoT Professional Services Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Service Type

6.3.1.2.2.  By Organization Size

6.3.1.2.3.  By Deployment Type

6.3.1.2.4.  By End Use Industry

6.3.2.    Canada IoT Professional Services Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Service Type

6.3.2.2.2.  By Organization Size

6.3.2.2.3.  By Deployment Type

6.3.2.2.4.  By End Use Industry

6.3.3.    Mexico IoT Professional Services Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Service Type

6.3.3.2.2.  By Organization Size

6.3.3.2.3.  By Deployment Type

6.3.3.2.4.  By End Use Industry

7.    Europe IoT Professional Services Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Service Type

7.2.2.  By Organization Size

7.2.3.  By Deployment Type

7.2.4.  By End Use Industry

7.2.5.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany IoT Professional Services Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Service Type

7.3.1.2.2.  By Organization Size

7.3.1.2.3.  By Deployment Type

7.3.1.2.4.  By End Use Industry

7.3.2.    France IoT Professional Services Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Service Type

7.3.2.2.2.  By Organization Size

7.3.2.2.3.  By Deployment Type

7.3.2.2.4.  By End Use Industry

7.3.3.    United Kingdom IoT Professional Services Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Service Type

7.3.3.2.2.  By Organization Size

7.3.3.2.3.  By Deployment Type

7.3.3.2.4.  By End Use Industry

7.3.4.    Italy IoT Professional Services Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Service Type

7.3.4.2.2.  By Organization Size

7.3.4.2.3.  By Deployment Type

7.3.4.2.4.  By End Use Industry

7.3.5.    Spain IoT Professional Services Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Service Type

7.3.5.2.2.  By Organization Size

7.3.5.2.3.  By Deployment Type

7.3.5.2.4.  By End Use Industry

8.    Asia Pacific IoT Professional Services Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Service Type

8.2.2.  By Organization Size

8.2.3.  By Deployment Type

8.2.4.  By End Use Industry

8.2.5.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China IoT Professional Services Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Service Type

8.3.1.2.2.  By Organization Size

8.3.1.2.3.  By Deployment Type

8.3.1.2.4.  By End Use Industry

8.3.2.    India IoT Professional Services Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Service Type

8.3.2.2.2.  By Organization Size

8.3.2.2.3.  By Deployment Type

8.3.2.2.4.  By End Use Industry

8.3.3.    Japan IoT Professional Services Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Service Type

8.3.3.2.2.  By Organization Size

8.3.3.2.3.  By Deployment Type

8.3.3.2.4.  By End Use Industry

8.3.4.    South Korea IoT Professional Services Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Service Type

8.3.4.2.2.  By Organization Size

8.3.4.2.3.  By Deployment Type

8.3.4.2.4.  By End Use Industry

8.3.5.    Australia IoT Professional Services Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Service Type

8.3.5.2.2.  By Organization Size

8.3.5.2.3.  By Deployment Type

8.3.5.2.4.  By End Use Industry

9.    Middle East & Africa IoT Professional Services Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Service Type

9.2.2.  By Organization Size

9.2.3.  By Deployment Type

9.2.4.  By End Use Industry

9.2.5.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia IoT Professional Services Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Service Type

9.3.1.2.2.  By Organization Size

9.3.1.2.3.  By Deployment Type

9.3.1.2.4.  By End Use Industry

9.3.2.    UAE IoT Professional Services Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Service Type

9.3.2.2.2.  By Organization Size

9.3.2.2.3.  By Deployment Type

9.3.2.2.4.  By End Use Industry

9.3.3.    South Africa IoT Professional Services Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Service Type

9.3.3.2.2.  By Organization Size

9.3.3.2.3.  By Deployment Type

9.3.3.2.4.  By End Use Industry

10.    South America IoT Professional Services Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Service Type

10.2.2.  By Organization Size

10.2.3.  By Deployment Type

10.2.4.  By End Use Industry

10.2.5.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil IoT Professional Services Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Service Type

10.3.1.2.2.  By Organization Size

10.3.1.2.3.  By Deployment Type

10.3.1.2.4.  By End Use Industry

10.3.2.    Colombia IoT Professional Services Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Service Type

10.3.2.2.2.  By Organization Size

10.3.2.2.3.  By Deployment Type

10.3.2.2.4.  By End Use Industry

10.3.3.    Argentina IoT Professional Services Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Service Type

10.3.3.2.2.  By Organization Size

10.3.3.2.3.  By Deployment Type

10.3.3.2.4.  By End Use Industry

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global IoT Professional Services Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  Atos SE

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  Tata Consultancy Services Limited

15.3.  Accenture PLC

15.4.  International Business Machines Corporation

15.5.  AT&T Inc.

15.6.  Cognizant Technology Solutions Corp.

15.7.  DXC Technology Company

15.8.  Capgemini SE

15.9.  Wipro Technologies

15.10.  Oracle Corporation.

15.11. 

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global IoT Professional Services Market was estimated to be USD 130.95 Billion in 2025.

North America is the dominating region in the Global IoT Professional Services Market.

IT & Telecom segment is the fastest growing segment in the Global IoT Professional Services Market.

The Global IoT Professional Services Market is expected to grow at 6.17% between 2026 to 2031.

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