DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "IoT Telecom Services Market - Global Forecast to 2021" report to their offering.
The IoT Telecom Services Market size is expected to grow from USD 2.90 billion in 2016 to USD 17.67 billion by 2021.
IoT telecom services are instrumental in automating the business operations by leveraging the low-power, high range wireless technologies to reduce the cost of devices, and at the same time, improving the Return on Investment (ROI) of telecom service providers on infrastructural expenses. Major applications such as vehicle telematics, transportation, logistics tracking, traffic management, smart healthcare, and capillary networks management are contributing to the growth of the IoT telecom services market.
North America is expected to hold the largest market share during the forecast period. Due to stringent IoT regulations in place, IoT telecom service providers in this region, such as AT&T and Verizon, launched a number of innovative IoT telecom services to cater to various needs of the enterprises and their customers.
The APAC market is expected to witness exponential growth and is projected to be the fastest-growing region for the IoT telecom services market. The region has a competitive advantage over other regions with many players providing local cost-efficient solutions, easy availability of trained labors, and flexible regulations & policies. The growing smart devices market and smart technology in this region is also promoting the growing adoption of IoT telecom services.
- AT&T, Inc.
- China Mobile Ltd.
- Deutsche Telekom AG
- Huawei Technologies Co., Ltd
- Sprint Corporation
- Swisscom AG
- T-Mobile USA, Inc.
- Verizon Communications, Inc.
- Vodafone Group PLC
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 IoT Telecom Services Market Analysis, By Component
8 IoT Telecom Services Connectivity Technology Market Analysis
9 IoT Telecom Services Network Management Solutions Market Analysis
10 IoT Telecom Services Market Analysis, By Service Type
11 IoT Telecom Services Market Analysis, By Application
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/7plpvn/iot_telecom