Tokyo, Japan -- (SBWIRE) -- 04/01/2019 -- Technology plays an important role in the development of the Internet of Things (IoT) of telecommunications services, and the industry is seeing growth. The benefits of simplifying and efficiently utilizing hardware, automating operations, speeding up service adoption, and responding to disruptions have changed the way communications services are delivered through the adoption of cloud services in communications services.

IoT Telecom Services Market is anticipated to grow at a CAGR of +45% during 2019 to 2025.

The requirements for smart network bandwidth management and automation in back-end communications are accelerating market growth. Better connectivity solutions are needed to connect smart devices and adopt their own devices (BYOD). On the other hand, stringent regulation on spectrum allocation and price issues between carriers and over-the-top players are hampering market growth.

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Top key players:

Cymbet, EnOcean, G24i Power, GreenPeak Technologies, IMEC Holst, Infinite Power Solutions, Levant Power, Linear Technology, Lord Corp., Microchip Technology, Micropelt.

Acquisition, merger, innovation and product launch are the major strategies to sustain in the market. The Company has announced that they expect to conduct trials of 5G in 2016 and move aggressively to commercial deployment. Similarly, AT&T Inc. announced the complete acquisition of quick play media a leading provider of managed service solutions for the distribution of premium video to IP-connected devices.

Components Covered:

- Services
- Network Management Solution
- Connectivity Technology

Service Types Covered:

- M2M Billing Services
- IoT Billing and Subscription Management
- Installation and Integration Services
- Business Consulting Services
- Device and Application Management Services

Applications Covered:

- Capillary Network Management
- Energy and Utilities
- Smart Buildings and Home Automation
- Industrial Manufacturing and Automation
- Smart Healthcare

North America accounted for the largest share in global IoT telecom services market followed by Europe. It is attributed to the services provided by large number of IoT telecom service providers and increasing adoption of smart technologies in North America region. Asia Pacific region is expected to witness fastest growth on account of huge investments to develop IoT telecom services.

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The IoT telecom services market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.

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