"IoT Telecom Services Market by Component, Connectivity Technology and Application – Global Forecast to 2021"is a professional and in-depth study.
MRRS adds "IoT Telecom Services Market by Component, Connectivity Technology and Application – Global Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.
The IoT telecom services market size is expected to grow USD 2.90 billion in 2016 to USD 17.67 billion by 2021, at a CAGR of 43.6% from 2016 to 2021. IoT telecom services provide enhanced connectivity solutions to numerous smart devices, using smart IoT sensors to connect them over a network so that they can communicate. 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.
“Transportation, logistics tracking, and traffic management to gain maximum traction during the forecast period”
Application of IoT telecom services with regards to connected logistics allows the commercial clients and logistics providers to make quick adjustments, in case there is any delay in the shipment, changes in the location of shipment, and others. Telcos offer connectivity solutions to IoT enabled smart vehicles and trucks for location and tracking of assets and real-time management of logistics.
Figure And Tables
TABLE 1 IOT TELECOM SERVICES MARKET SIZE AND GROWTH RATE,
2014–2021 (USD BILLION, YOY %) 28
TABLE 2 IOT TELECOM SERVICES MARKET SIZE, BY COMPONENT,
2014–2021 (USD MILLION) 28
TABLE 3 IOT TELECOM SERVICES MARKET SIZE, BY COMPONENT,
2014-2021 (USD MILLION) 52
TABLE 4 CONNECTIVITY TECHNOLOGY: IOT TELECOM SERVICES MARKET SIZE, BY REGION, 2014-2021 (USD MILLION) 53
TABLE 5 NETWORK MANAGEMENT SOLUTION: IOT TELECOM SERVICES MARKET SIZE,
BY REGION, 2014-2021 (USD MILLION) 54
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