IoT integration means the combination of IoT data, IoT platforms, IoT devices, and IoT applications with IT assets (legacy data, SaaS, mobile, and business application) that work together in the context of executing end-to-end IoT business solutions. IoT integration helps customers and companies to drive the digital transformation initiative to the next level. Since technology is changing day by day, integration needs to move at an accelerated level and speed.

1. IoT Integration Market to Record Sturdy Growth
by 2031
November 22, 2021
IoT Integration Market: Introduction
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IoT Integration Market: Dynamics
IoT Integration Market: Key Drivers
IoT integration market means the combination of IoT data, IoT platforms, IoT
devices, and IoT applications with IT assets (legacy data, SaaS, mobile, and
business application) that work together in the context of executing end-to-end
IoT business solutions.
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IoT integration helps customers and companies to drive the digital transformation
initiative to the next level. Since technology is changing day by day, integration
needs to move at an accelerated level and speed.
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IoT integration uses web-enabled smart devices that use embedded systems, such
as sensors, processors, and communication hardware, to send, collect, and act on
data obtained from the system.
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IoT integration helps to transform ordinary devices such as billboards, and
vending machines into smart connected devices. Companies are typically more
flexible in using innovative technologies, such as cloud, IoT, and analytics. IoT
integration helps to take quick decisions. The huge demand for IoT integration
systems in different industries such as healthcare, retail, and logistics is expected
to boost the market during the forecast period.
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Companies are adopting advanced technologies such as Artificial
Intelligence/Machine Learning, cloud services, and IoT for achieving digital
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2. Impact of COVID-19 on the IoT Integration Market
North America to Hold Major Share of the IoT Integration Market
transformation. IoT Integration systems use the internet to connect to physical
devices. The expansion of IoT has increased the acceptance of Bring Your Device
(BYOD) and remote workplace management solutions. The integrated platform
helps companies track employee activities on their devices to detect web activities
and monitor the data daily.
IoT integration helps the company to reduce operating costs, increase revenue and
improve efficiencies. The IoT device deployment delivers the insights and data
necessary to visualize usage patterns, streamline workflows, meet compliance
requirements and automate processes and compete more effectively in a changing
business environment
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IoT integration service suppliers can provide services and integrated solutions to
support the integration strategy and data management with the organization's
strategic initiatives to reach overall efficiency by deploying IoT data maturity or
information management models.
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IoT-enabled devices connect with various networks, such as public Wi-Fi, and
WANs. So a networking team that works on cybersecurity and data privacy is
needed to adopt IoT integration across different industries.
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An increase in cases of COVID-19 across the globe is resulting in economic
slowdown. Developed countries are strongly affected by the pandemic. COVID-19
has a negative impact on the IoT integration market, as companies are decreasing
their investment in new technologies and services to sustain themselves in the
competition. The market is expected to expand in the next few years, as
companies start making a profit to recover from the economic downturn
associated with COVID-19.
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In terms of region, the global IoT integration market can be divided into North
America, Europe, Asia Pacific, Middle East & Africa, and South America
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North America dominated the global IoT integration market and held a notable
share primarily due to the presence of developed economies, such as the U.S. and
Canada. Moreover, North America is anticipated to offer considerable
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3. Key Players Operating in Global IoT Integration Market
Wipro Limited was incorporated in 1945 and is headquartered in Bengaluru, India.
The company provides comprehensive IT services and solutions, including
information system outsourcing, system integration, package implementation, IT-
enabled services, software application maintenance and development, and R&D
services to corporations globally.
Tata Consultancy Services Limited was incorporated in 1968 and is headquartered in
Mumbai, India. The company provides a wide range of IT products and services to its
clients in multiple industries, catering to telecommunication, finance and banking,
insurance, manufacturing, retail, pharmaceutical, and utility industries.
Other key players operating in the IoT integration market include Atos SE, Accenture
PLC, Fujitsu Ltd., Infosys Ltd., Capgemini SE, HCL Technologies Limited, Tech
Mahindra Limited, DXC Technologies, International Business Machines Corporation,
NTT DATA Corporation, TIBBO Systems, Aeries, Microsoft Corporation, Damco
Group, and Softdel Systems Pte. Ltd.
IoT Integration Market: Research Scope
IoT Integration Market, by Services
opportunities for players in the region with increasing awareness regarding the
use of IoT integration systems for security purposes.
The global IoT integration market in Asia Pacific is anticipated to expand at a
rapid pace during the forecast period. Developing countries are mostly focused on
the adoption of new technologies, and countries such as India, China, and Japan
are planning to invest in IoT integration solutions.
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Wipro Limited
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Tata Consultancy Services Limited
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Device and Platform Management Services
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Application Management Services
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Advisory Services
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4. IoT Integration Market, by Application
IoT Integration Market, by Organization Size
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