The market is said to be driven by the growing need for reduced system troubleshooting and enhanced operational efficiency, the increasing requirement of risk mitigation to minimize the data loss, the increasing adoption of micro services, and the accelerating Social, Mobile, Analytics, and Cloud (SMAC)technologies.
Industrial manufacturing vertical is expected to have the largest market share during the forecast period.

Market Analysis and Insights: Global IoT Engineering Services Market
The global IoT Engineering Services market size is projected to reach US$ 44280 million by 2027, from US$ 12100 million in 2020, at a CAGR of 19.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global IoT Engineering Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global IoT Engineering Services market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global IoT Engineering Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global IoT Engineering Services market.

Global IoT Engineering Services Scope and Market Size
IoT Engineering Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global IoT Engineering Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Product Engineering
Cloud & Platform Engineering
UI/UX Design
Analytics

Segment by Application
Medical
Transportation And Logistics
IT, Communication
Industrial Production
Energy, Utilities
Other

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ARICENT
WIPRO
CAPGEMINI
IBM
TCS
HAPPIEST MINDS
INFOSYS
COGNIZANT
EINFOCHIPS
RAPIDVALUE
TECH MAHINDRA
PRODAPT SOLUTIONS