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Telecom Internet of Things market is considered as the fastest growing market and it provide enhanced connectivity solutions to numerous smart devices. Technology plays an important role in the development of Telecom Internet of Things market and especially with the innovation of Internet of Things. Internet of Things comes with the concept that everything around should be electronically integrated and interconnected. Telecom operators are now using digital platforms that combine connectivity, analysis, mobile, security and cloud to support business and all these empowers great revenue opportunity for them.
Scope of the Report:
This report studies the Telecom IoT market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Telecom IoT market by product type and applications/end industries.
The growing adoption of intelligent transportation systems (ITS) is expected to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to gather, analyze, and distribute networked resources, ITS also helps reduce the impact of traffic congestion by providing greater visibility and improving communication among passengers. Investments towards the development of such smart solutions will bolster the growth prospects of the telecom IoT market. For instance, one of the leading automotive manufacturers General Motors has recently supported the ride-sharing service provider Lyft by making an investment of about USD 500 million towards the development of IoT projects that help provide efficient public commuting services.
The Americas is estimated to be the major revenue contributor to the market throughout the next four years. The increasing adoption of IoT products and services by several enterprises in countries such as the US to improve business efficiency and investments from the US government towards the development of smart cities will drive market growth in this region.
The global Telecom IoT market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Telecom IoT.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- China Mobile
- Deutsche Telekom
- Verizon Communications
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Connectivity Technology
- Network Management Solution
Market Segment by Applications, can be divided into
- Smart Buildings and Home Automation
- Capillary Network Management
- Industrial Manufacturing and Automation
- Vehicle Telematics
- Transportation, Logistics Tracking and Traffic Management
- Energy and Utilities
- Smart Healthcare