The proliferation of connected devices and the Internet of things (IoT) propelling the Internet of Things (IoT) Integration Market

The Internet of things (IoT) integration market is anticipated to grow at a moderate rate during the forecast period. IoT integration service enables the organization to connect the organization’s data across several end-points and generate a contextual and holistic view of the user and operational data. For unifying the widely interconnected mesh of various devices, IoT integration services are being rigorously used in different communication protocols, multiple applications, and separate networks across the globe. The proliferation of IoT & connected devices along with transforming commercial and industrial landscape is creating demand for IoT integration service thereby, driving the growth of the global IoT integration market.

Growing adoption of Bring Your Own Device (BYOD) and nearby workplace management solutions is a major factor supporting the deployment of IoT integration service. The organizations are motivating their employees to adopt the concept of BYOD. This is due to the fact that this concept enables the organization to cut its cost by not spending on corporate devices; further it enables workers to perform work from home. The rapid adoption of BYOD within the organizations is creating the demand for a common platform for all the devices that perform a variety of applications. For the connecting of several heterogeneous devices inside an enterprise, various enterprises are utilizing IoT integration services. 

Browse the full report description of "Internet of Things (IoT) Integration Market, by Services (Advisory Services, Infrastructure and Workload Management, Device and Platform Management, Others), by Verticals (Healthcare, Retail & Consumer Goods, Automotive, Others) – Global Trends, Size, Share, Growth, Industry Analysis and Forecast, 2019-2025" at https://www.omrglobal.com/industry-reports/iot-integration-market

The IoT integration platforms work on data locally and offer to automate corrective responses and can be utilized to store data on the cloud for getting better business insights for better decision making. By utilizing IoT integration service, enterprises can track the activity on their personal devices, monitor data, and identify web activities which the workers in the enterprise are not authorized to do. To make an effective business decision with improved visibility and enhanced control over the workplace, the utility of workplace management solution is increasing thereby, driving the growth of the global IoT integration market.

Current Market trends covered in the market report

• The shift from service-centric to server-centric population
• Significant adoption of diversified cloud services across the globe
• New product launches and acquisition by key market players is expected to create potential growth opportunities for the IoT integration market
• Growing adoption of smart devices driving the market growth
• Rising data security, privacy concerns with a lack of interconnectivity and interoperability- the major factor to restrain the market growth

Internet of Things (IoT) Integration Segmentation

By Services

• Advisory Services
• Infrastructure and Workload Management
• Device and Platform Management
• Others (System Design and Architecture, and Network Protocol Management)

By Verticals

• Healthcare
• Retail & Consumer Goods
• Automotive
• Others (Transportation and Logistics)

Internet of Things (IoT) Integration Market – Segment by Region