DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Internet of Things (IoT) Telecom Services Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022" report to their offering.
The global Internet of things (IoT) telecom services market is anticipated to grow at a CAGR of 43.6% during 2016 to 2022. The market has generated the revenue of 2.90 Billion in 2016 and is anticipated to reach up to $18 Billion by 2022. This is due to a number of factors, including the rising penetration of smart connected devices, the adoption of cloud and the demand for smart network bandwidth management and automation on communication operations.
The NB-IoT connectivity technology of Internet of things telecom services market is projected to increase at the highest CAGR during the forecast period owing to the development of low-power high-range wireless connectivity technologies. The market is also expected to rise at the highest CAGR in the traffic management, logistics tracking, transportation and various application during the forecast period owing to the acceptance of smart technologies for managing logistics and traffic. Network security management solution is anticipated to grow at the highest CAGR during the forecast period as it fortifies the data and resources in a network by using firewall and other IoT-enabled security solutions for effective network management.
North America is anticipated to account for the largest market share in the Internet of things telecom services market, followed by Europe, Owing to rising adoption of smart connected devices and technologies and telcos promoting over-the-top content applications are the key factors growing the adoption of IoT telecom services.
Companies Mentioned:
- Aeris
- AT&T, Inc.
- China Mobile Ltd.
- Deutsche Telekom Ag
- Deutsche Telekom Ag
- Ericsson
- Huawei Technologies Co., Ltd
- Nippon Telegraph & Telephone Corporation
- Softbank Group Corp.
- Sprint Corporation
- Swisscom Ag
-
Telefonica S
Key Topics Covered:
1. Introduction
2. Market Overview
3. Market Determinants
4. Market Segmentation
5. Geographic Analysis
6. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/z99r99/global_internet
