Turkey IoT market is expected to witness robust CAGR for the forecast period, 2022-2026. The rise in the number of cyber-attacks and fraudulent activities is driving organizations to adopt the internet of things for enhanced data security, security of equipment, among others, is expected to drive the Turkey IoT market. High penetration of internet services and the proliferation of smart devices are contributing to fuel the market growth. The presence of robust manufacturing infrastructure, advanced banking and communication services, and smart retailing services in Turkey is influencing the demand of the IoT market. The growing number of initiatives by the leading authorities to implement advanced technologies to enhance the quality of life is fueling the adoption of IoT by prominent industry verticals. The rapid urbanization of people in search of better job opportunities and improved living standards is aiding the government to make plans for infrastructural development equipped with the latest technologies is paving the way for the Turkey IoT market growth. The emergence of advanced data analytics and the decline in the cost of connected devices and sensors is boosting the Turkey IoT market growth.

With the growing demand for the adoption of wireless technology as it is more convenient to maintain and cheaper than wired technology. Data is transmitted through wireless technology at a higher pace and is facilitating the communication between the sensors, software and the other connected devices are paving the way for the growth of the Turkey IoT market.

Turkey IoT Market is segmented into component, type, application, regional distribution, and company. Based on component, the market can be divided into hardware, service, and software. The software segment is expected to account for major market share for the forecast period, 2022-2026. The use of smart devices enables to maintain the smooth connection between the manufacturers and the end-users. End-to-end security is crucial for both network and the device. The rise in the adoption of security software solutions to protect confidential information from cyber-attacks and fraudulent activities is expected to drive the demand of the software segment for the next five years.

The major players operating in the Turkey IoT market are Hyperlink InfoSystem, Turkcell, epcsht, Epigra, Kuka apps, Inspark, ikol Mobile, reengen, TrioMobil, Thales Group, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze the historical growth of the market size of Turkey IoT market from 2016 to 2019.
  • To estimate and forecast the market size of Turkey IoT market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast Turkey IoT market based on component, type, application, regional distribution, and company.
  • To identify dominant region or segment in the Turkey IoT.
  • To identify drivers and challenges for Turkey IoT.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Turkey IoT.
  • To identify and analyze the profile of leading players operating in Turkey IoT.
  • To identify key sustainable strategies adopted by market players in Turkey IoT market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Turkey IoT market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • IoT service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers

·         Organizations, forums, and alliances related to IoT.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Turkey IoT market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Turkey IoT Market, By Component:

    • Hardware
    • Service
    • Software
  • Turkey IoT Market, By Type:
    • B2B
    • B2C
    • B2G
  • Turkey IoT Market, By Application:
    • Smart Manufacturing
    • Consumer Electronics
    • Building & Home Automation
    • Smart Mobility & Transportation
    • Connected Logistics
    • Others
  • Turkey IoT Market, By Region:
    • Marmara Region
    • Central Anatolia
    • Aegean Region
    • Mediterranean Region
    • Black Sea Region
    • South Eastern Anatolia Region
    • Eastern Anatolia Region

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Turkey IoT market.

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:

Company Information

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

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Turkey IoT Market

4.    Executive Summary

5.    Voice of Customers

6.    Turkey IoT Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Component (Hardware, Service, Software)

6.2.2.     By Type (B2B, B2C, B2G)

6.2.3.     By Application (Smart Manufacturing, Consumer Electronics, Building & Home Automation, Smart Mobility & Transportation, Connected Logistics, Others)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Product Market Map

7.    Turkey IoT Hardware Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Device, Gateways)

7.2.2.     By Application (Smart Manufacturing, Consumer Electronics, Building & Home Automation, Smart Mobility & Transportation, Connected Logistics, Others)

8.    Turkey IoT Services Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type (Professional Services, Managed Services)

8.2.2.     By Application (Smart Manufacturing, Consumer Electronics, Building & Home Automation, Smart Mobility & Transportation, Connected Logistics, Others)

9.    Turkey IoT Software Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type (Real Time Streaming Analytics, Security, Data Management, Remote Monitoring, Network Bandwidth Management)

9.2.2.     By Application (Smart Manufacturing, Consumer Electronics, Building & Home Automation, Smart Mobility & Transportation, Connected Logistics, Others)

10.  Market Dynamics

10.1.  Drivers

10.2.  Challenges

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  Competitive Landscape

13.1.    Competition Outlook

13.2.    Company Profiles

13.2.1.  Hyperlink InfoSystem

13.2.2.  Turkcell

13.2.3.  epcsht

13.2.4.  Epigra

13.2.5.  Kuka apps

13.2.6.  Inspark

13.2.7.  ikol Mobile

13.2.8.  reengen

13.2.9.  TrioMobil

13.2.10.                Thales Group

14.  Strategic Recommendations

15. About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]