The IoT integration market size is expected to grow from USD 2.4 billion in 2022 to USD 9.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 30.2% during the forecast period. The IoT integration solutions enable companies to simplify the process and improve production optimization by utilizing connected devices, driving the IoT integration market.
The major vendors covered in the IoT integration market include TCS Limited (India), Wipro Limited (India), Atos SE (France), Accenture (Ireland), Fujitsu Ltd. (Japan), Infosys Limited (India), Capgemini (France), HCL Technologies Limited (India), Tech Mahindra Limited (India), DXC Technology (US), IBM Corporation (US), Cognizant (US), NTT Data Corporation (Japan), Dell EMC (US), Deloitte (US), Salesforce (US), Allerin Tech Pvt Ltd (India), Softdel (US), Phitomas (Malaysia), eInfochips (US), Timesys Corporation (US), Tibbo Systems (Taiwan), Aeris (US), Macrosoft Inc. (US), Damco (US) and Meshed (Australia). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, and collaborations, new product launches to expand their presence in the IoT integration market.
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Accenture provides a variety of services and solutions for strategy, consulting, digital, technology, and operations to deliver end-to-end services and solutions to clients in more than 120 countries across the globe. It serves more than 40 verticals, such as automotive and industrial, banking, chemicals, communications and media, consumer goods and services, energy, health, software and platforms, life sciences, public services, and retail. Accenture’s IoT service integrator provides complimentary systems integration skills covering enterprise software, IoT architectures, applications, and PMO by building on their end-to-end experience of large-scale IoT and SI projects to support CSPs and their client’s integration projects.
DXC Technology is a leading technology consulting, outsourcing, and support service provider. It assists SMEs and large enterprises in modernizing IT, optimizing data architectures, and ensuring security and scalability. It serves 6,000 customers from the public and private sectors. DXC Technology offers asset management and maintenance, IoT security, IoT analytics, and a connected supply chain to harness the power of digital performance. It offers managed IoT services for system integration and network infrastructure using a cloud platform, data analytics, and AI. DXC Technology provides services to manufacturing, transportation, healthcare, and energy industries to simplify operations, reduce costs, and increase speed to market. DXC Technology’s Universal IoT Platform enables the connection and exchange of information between heterogeneous IoT devices (standard and proprietary communication) and applications.
IoT Integration Market by Service (Device and Platform Management, System Design and Architecture, Network Management, Advisory), Organization Size, Application (Smart Building and Home Automation, Smart Healthcare) and Region - Global Forecast to 2027
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