IoT System Integration and Professional Services Market Report 2024–2030

Questions answered

• What are professional services and what is the scope of IoT professional services (i.e., definition of professional services)?
• What are the three types of IoT professional services covered in this report?
• What does the IoT professional services market look like (i.e., market size by regions, segments, industries) and how is it expected to develop in the coming years?
• Who are the leading IoT professional services providers and what are their respective market shares?
• How do the leading IoT professional service providers compare and what are some of their IoT focus areas?
• What are example of recent IoT professional services case studies?
• What are important customer perspectives regarding IoT professional services?
• What are the benefits from having and being part of a System Integrator Partner Program?
• What are the trends & challenges in IoT professional services space

About the report

The IoT System Integration & Professional Services Market Report 2024 – 2030 is part of IoT Analytics’ ongoing coverage of general IoT. The information presented in this report is based on the results of qualitative research, i.e. interviews with system integration vendors, attendance of key conferences such as Hannover Messe 2024, and extensive secondary research. Further information on the research methodology can be found in the downloadable report sample. The document includes a definition of IoT professional services, as well as of consulting, system integration, and managed services. The report contains the market landscape, a list of sample case studies, key customer adoption considerations, key trends and challenges, and other insights from IoT Analytics end-user surveys and viewpoints from industry professionals.

The main purpose of this document is to help our readers understand the current IoT professional services landscape by defining, sizing, and analyzing the market.

Overview of the IoT professional services market

IoT services make up 3.5% of the growing IT services market and it is expected to grow 4.7% by 2023. IoT professional services market is projected to grow to $125 billion by 2030, at a CAGR of 14%. The increasing complexity of IoT solutions, driven by the integration of technologies such as AI, ML, 5G, and advanced analytics, necessitates expert support for most companies. IoT system integration services continue to account for more than half of the IoT professional services market. However, integration services are expected to grow slower than the overall market. On the other hand, IoT consulting services are forecast to have faster growth. This growth is mainly driven by businesses that are increasingly seeking guidance to leverage AI-driven IoT solutions.

Scope of this report

Three types of professional services are examined in this report:

1. Consulting
2. System integration
3. Managed/operational services

In the IoT professional services space, companies often distinguish professional services for

1. IoT in smart connected products
2. IoT in industrial operations
3. IoT in non-industrial operations

Authors

Justina-Alexandra Sava, Knud Lasse Lueth, Oktay Demir

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