Middle East &
Africa IoT engineering services market stood at $ 490 million in 2017 and is
projected to grow at a CAGR of over 23% to surpass $ 1.7 billion by 2023, on
account of Industry 4.0 revolution, rapidly proliferating adoption of Social, Mobile,
Analytics, Cloud and Things (SMACT) technologies, and burgeoning security
engineering and risk mitigation demand. Rising number of government initiatives
to promote smart technology, and growing adoption of Digital Twin technology is
anticipated to boost demand for IoT engineering services across the region in
coming years. Moreover, rising demand for automation, data analytics,
operational efficiency enhancement and heightened security concerns are likely
to fuel Middle East & Africa IoT engineering services market 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 Middle
East & Africa IoT engineering services market on the basis of service
type, end use sector and country
- To analyze and forecast Middle East & Africa
IoT engineering services market size.
- To scrutinize the detailed market segmentation
and forecast the market size, in terms of value, on the basis of end user
sector by segmenting the Middle East & Africa 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 Middle
East & Africa IoT engineering services market.
- To strategically profile leading players operating
in Middle East & Africa IoT engineering services market.
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Some of the major players operating
in the market are Altran Technologies, SA, Cognizant Technology Solutions
Corporation, Tata Consultancy Services, Infosys Limited, and Tech Mahindra 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 Middle East & Africa 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 Middle
East & Africa 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 the stakeholders in taking investment decisions and facilitating their
expansion.
Report Scope:
In this report, the Middle
East & Africa 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 Turkey
o Saudi Arabia
o UAE
o South Africa
o Rest of
Region
Competitive
Landscape
Company
Profiles: Detailed analysis of the major companies providing IoT engineering
services in the Middle East & Africa.
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
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com