NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

IoT-managed Services Providers Leverage Vertical Expertise to Expand Globally Finds Frost & Sullivan - Our latest analysis encompasses regional trends in North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa across five managed services segments connectivity, data, device, infrastructure, and security - Frost.com
IoT-managed Services Providers Leverage Vertical Expertise to Expand Globally Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Santa Clara, CA, United States, 2021/03/05 - Our latest analysis encompasses regional trends in North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa across five managed services segments connectivity, data, device, infrastructure, and security - Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services / Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The market is likely to witness significant growth, reaching $166 billion by 2025

Frost & Sullivan’s recent analysis finds that the global Internet of Things (IoT)-managed services market will experience tremendous growth in the next five years. Driven by increased IoT adoption, the managed services market will see an uptick as companies recognize the benefits of assistance across connectivity, cybersecurity, data management, device management, and infrastructure management. The market is likely to witness significant growth, reaching $166.71 billion by 2025 from $53.56 billion in 2020. This research encompasses regional trends in North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa across five managed services segments connectivity, data, device, infrastructure, and security.

“While the recent pandemic adversely affected expansion across verticals, the impact is expected to be short to medium term, and businesses will recover,” said Deepali Sathe, Senior Industry Analyst, Frost & Sullivan.“Technology adoption across verticals has been increasing as the benefits of IoT are quantified for companies to move from pilot and proof-of-concept stage to implementation. Almost all verticals, such as manufacturing, retail, healthcare, utilities, and energy, are expected to regain strong growth trajectories.”

Sathe added: “In the IoT-managed services market, APAC is expected to be the fastest-growing region, followed by North America. Regional disparities in terms of infrastructure development and regulations are a challenge for mobile network operators, an important segment within paid IoT connectivity. North America and Europe lead when it comes to 5G, LTE-M, and Narrowband-IoT (NB-IoT) deployment, but high costs of spectrum lead to higher cost of services, affecting providers. Latin America, Africa, and parts of Asia lag, with 2G and 3G still forming the bulk of connectivity infrastructure. In APAC, some countries are ahead as governments promote infrastructure development.”

The lack of standardization in the IoT industry has resulted in an extremely fragmented ecosystem. Users struggle to find solutions and devices that are interoperable and compatible with their existing systems. Addressing this challenge and focusing on the following strategic recommendations will offer tremendous growth prospects for IoT-managed services providers:

• Private mobile networks: Vendors that want to deploy private mobile networks should look for partners that can provide relevant connectivity solutions.
• eSIM and iSIM for global connectivity: As more digital-first devices are launched into the market, IoT-managed service providers can leverage this growth opportunity with eSIMs and iSIMs.
• Vertical solutions: Companies must leverage the services and expertise of a managed services provider that can embark on a long-term collaborative partnership to execute their IoT strategies and enable their vision.
• Intelligent edge: Managed services providers can deliver the benefits of intelligent edge, including reduced costs, latency, and security risks.

Leveraging Vertical and IoT Expertise Improves Outcomes for the Global IoT-Managed Services Market is part of Frost & Sullivan’s Global Information & Communication Technologies Growth Partnership Service program.

About Frost & Sullivan

For six decades, Frost & Sullivan (frost.com) has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Leveraging Vertical and IoT Expertise Improves Outcomes for the Global IoT-Managed Services Market / MF6B-67

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services / Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
IT Services / Network Management articles,
CATCH Visitors via Your Competitors Announcements!


IoT-managed Services Providers Leverage Vertical Expertise to Expand Globally Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Srihari Daivanayagam - Frost.com 
+91 97 42676194 / +91 44 66814412 srihari.daivanayagam[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

IT Services / Network Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read IT Services / Network Management Most Recent Related Newswires:

Infinera Completes Successful Trial of XR Optics with NBN Co
Infinera Expands Open Optical Portfolio to Include Latest Generation of 400G Pluggable Optics
NEC Recognized in Gartner Magic Quadrant for 5G Network Infrastructure for Communications Service Providers as A Visionary
WPD Telecoms Deploys New Regional Network with Infinera XTM Series
US Companies Invest in Switched Ethernet Services to Connect to Cloud-based Applications Says Frost & Sullivan
Frost & Sullivan Analyzes the Accelerated Adoption of Smart Solutions in the Global Industrial Equipment Market
NEC Recognized as a Partner of the Year by Juniper Networks for Two Consecutive Years
Standard Chartered Bank Wins IDC's '2021 Smartest Bank in Asia' Award with SAS Solution
NEC and Sumitomo Mitsui Construction Develop DokoMinaPhone - A Multi-lingual Speech Translation App with Simultaneous Message Broadcast Function
Virgin Media Business Launches High-capacity Backbone Network in Dublin Powered by Infinera’s XTM Series
Colt Applauded by Frost & Sullivan for Delivering Customer Experience-oriented Services in the Business Network Service Market
NEC Earns Acclaim from Frost & Sullivan for Adopting a Vector-based Approach to High-performance Computing with its SX-Aurora TSUBASA
Frost & Sullivan Identifies the Top 5 Growth Opportunities in the Next-Generation Connected Car Industry
Infinera and American Tower Complete Live Network Demonstration of First Point-to-Multipoint Coherent Optical Transmission in Latin America
Atento’s Next Generation Services Acknowledged by Frost & Sullivan for Helping Clients Deliver Differentiated Customer Experiences

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow, Inc.

Visit  BizJobs.com





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)