Worldwide Internet of Things (IoT) Managed Services Market Is Expected to Reach $120.0 Billion by 2022; Finds New Report
Worldwide Internet of Things (IoT) Managed Services Market to Grow at a CAGR of 15.3% during 2016–2022 to touch $120.0 billion. Rising adoption of mobility technology, increasing IoT adoption rate in industries and mobile subscriber base improves the strength of the market. The managed security services hold more than 30% of the market share for overall IoT managed services market in 2016, while managed devices hold 18% of the market share.
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