Global IoT Integration Market Report By Service (Device And Platform Management Services, Application Management Services, Advisory Services, System Design And Architecture, Testing Services, Service Provisioning And Directory Management, Third-party API Management Services, Database And Block Storage Management Services, Network Management Services, Infrastructure And Workload Management Services), By Application (Smart Building And Home Automation, Smart Healthcare, Energy And Utilities, Industrial Manufacturing And Automation, Smart Retail, Smart Ttransportation, Logistics And Telematics) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for IoT Integration Market is presumed to reach the market size of nearly USD 50.41 Billion by 2032 from USD 4.2 Billion in 2023 with a CAGR of 31.8% under the study period 2024 - 2032.

IoT integration refers to the combination of IoT data, IoT applications, IoT devices, and IoT platforms with IT assets (legacy data, SaaS, mobile, and business applications). It is best used in the context of implementing end-to-end IoT business solutions. Integration of IoT enables customers and businesses to advance their digital transformation strategy. Web-enabled smart devices with embedded systems, such as sensors, processors, and communication hardware, are used in IoT integration to send, collect, and act on system data. Thus, enabling such integration to proceed at an expedited rate per rapid technological changes. 

Market Dynamics 

Increased BYOD (Bring Your Own Device) culture and remote workplace management have resulted in developments in IoT technologies and wearable devices. Additionally, the requirement for data consistency in businesses fuels the market's expansion. The major factor leading to market expansion is manufacturers' collaboration agreements and the rising popularity of the API approach to integration in businesses. However, the absence of interconnectivity and interoperability standards and user safety and security concerns restrain the growth of the IoT integration industry. Regardless, the market for IoT integration is expected to see significant growth because of the integration of APIs into various organizations and the increased adoption of IPAAS. 

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of iot integration. The growth and trends of iot integration industry provide a holistic approach to this study. 

Market Segmentation

This section of the iot integration market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Service

• Device And Platform Management Services
• Application Management Services
• Advisory Services
• System Design And Architecture
• Testing Services
• Service Provisioning And Directory Management
• Third-Party Api Management Services
• Database And Block Storage Management Services
• Network Management Services
• Infrastructure And Workload Management Services

By Application

• Smart Building And Home Automation
• Smart Healthcare
• Energy And Utilities
• Industrial Manufacturing And Automation
• Smart Retail
• Smart Ttransportation, Logistics And Telematics

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the IoT Integration market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global IoT Integration Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players 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). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.