Turkey IoT market is expected to witness robust CAGR for the forecast period, 2023-2027. The rise in the number of cyber-attacks and fraudulent activities is driving organizations to adopt the internet of things for enhanced data security, security of equipment, among others, is expected to drive the Turkey IoT market. High penetration of internet services and the proliferation of smart devices are contributing to fuel the market growth. With the growing demand for the adoption of wireless technology as it is more convenient to maintain and cheaper than wired technology. Data is transmitted through wireless technology at a higher pace and is facilitating the communication between the sensors, software and the other connected devices are paving the way for the growth of the Turkey IoT market. Turkey IoT Market is segmented into component, type, application, regional distribution, and company. Based on component, the market can be divided into hardware, service, and software. The software segment is expected to account for major market share for the forecast period, 2023-2027. The use of smart devices enables to maintain the smooth connection between the manufacturers and the end-users. End-to-end security is crucial for both network and the device. The rise in the adoption of security software solutions to protect confidential information from cyber-attacks and fraudulent activities is expected to drive the demand of the software segment for the next five years. The major players operating in the Turkey IoT market are Hyperlink InfoSystem, Turkcell, epcsht, Epigra, Kuka apps, Inspark, ikol Mobile, reengen, TrioMobil, Thales Group, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments. Click Here to Access Free Sample of Report@ https://www.techsciresearch.com/sample-report.aspx?cid=7844

1. MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
2017 – 2027
TURKEY IOT MARKET
FORECAST & OPPORTUNITIES

2. 2
Scope of Report
Product of Interest (POI): IoT
Review Period
2017 – 2020
Base Year
2021
Estimated Year
2022
Forecast Period
2023 – 2027
Year Range
Internet of Things (IoT) can be defined as an ecosystem which is a
connected network of embedded devices comprising devices/things,
connectivity and services that communicate without human intervention,
using standard and interoperable communication protocols.
Market Segmentation
TYPE
• B2B
• B2C
• B2G
COMPONENT
• Hardware
• Software
• Services
APPLICATION
• Smart Manufacturing
• Consumer Electronics
• Building & Home Automation
• Smart Mobility & Transportation
• Connected Logistics
• Others
REGION
• Marmara Region
• Central Anatolia
• Aegean Region
• Mediterranean Region
• Black Sea Region
• South Eastern Anatolia Region
• Eastern Anatolia Region
PLATFORM
• Network Management
• Application Management
• Device Management

3. 3
Ta b l e o f C o n t e n t s
S. No. Contents Page No.
1. Product Overview (Definition of Product Type and major terminologies used in the report)
2. Research Methodology (Detailed description of the methodology used to conduct the research,
Raw data backup, list of all secondary sources, List of respondents for primary surveys)
3. Impact of COVID-19 on Turkey IoT Market
4. Executive Summary (This chapter covers summary of the complete study.)
5. Voice of Customer
5.1. IoT Adoption Readiness
5.2. Location of Processing IoT Data
5.3. Key Reasons for Adopting IoT
5.4. Satisfaction Levels Based on Various Parameters
5.5. Key IoT related Challenges Faced
6. Middle East IoT Market Overview
7. Turkey IoT Market Outlook, 2017-2027F (This chapter includes a brief overview of the product
of interest market such as total market’s growth rate, expected growth rate, key growth levers,
leading region, top grossing product types, etc. It includes more of a qualitative information
about the market.)
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Component (Hardware, Service, Software)
7.2.3. By Type (B2B, B2C, B2G)
7.2.4. By Application (Smart Manufacturing, Consumer Electronics, Building &
Home Automation, Smart Mobility & Transportation, Connected Logistics,
Others)

4. 4
S. No. Contents Page No.
7.2.5. By Platform (Network Management, Application Management and
Device Management)
7.2.6. By Region
7.3. Product Market Mapping
8. Turkey IoT Hardware Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (Device & Gateways)
8.2.2. By Application
8.2.3 By Platform
9. Turkey IoT Software Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type (Real Time Streaming Analytics, Security, Data Management,
Remote Monitoring, and Network Bandwidth Management)
9.2.2. By Application
9.2.3. By Platform 4
Ta b l e o f C o n t e n t s

5. 5
S. No. Contents Page No.
10. Turkey IoT Services Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type (Professional Services & Managed Services)
10.2.2. By Application
10.2.3 By Platform
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends and Developments
13. Policy & Regulatory Landscape
14. Turkey Economic Profile
15. Competitive Landscape
15.1. Competition Benchmarking
15.2. Company Profiles
15.2.1. Company Details
15.2.2. Products & Services
15.2.3. Financials (As Reported)
15.2.4. Key Market Focus & Geographical Presence 5
Ta b l e o f C o n t e n t s

6. 6
S. No. Contents Page No.
15.2.5. Recent Developments
15.2.6. Key Management Personnel
16. Strategic Recommendations
17. About Us & Disclaimer
6
Ta b l e o f C o n t e n t s

7. RESEARCH
METHODOLOGY

8. 8
Research Methodology
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the Turkey IoT market,
overall market size and
segmental market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the Turkey IoT Market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
 Recent Developments
 Market Changing
Aspects/Dynamics
 Government Policies
 Final Conclusion
 Market Participants
 Key Strengths
 LinkedIn
 TechSci Internal
Database
 Factiva
 Hoovers
Paid Sources
 Company Website
 Company Annual
Reports
 White Paper Study
 Financial Reports
 Investor
Presentations
 Regulatory Body
 Associations, etc.
Secondary
Research
Primary Research

9. 9
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of Turkey IoT market. The team has analyzed the
considering the major influencing factors such as IoT. The study includes market forecasting, which would enable our clients to take
achieve sustainability in Turkey IoT market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2021 was calculated based on information
collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as IoT
experts, and other industry participants.
• The team interviewed more than 40 – 50 IoT companies, 180 – 200 end users, and 15 – 20 Industry experts and other value chain
overall market size from 2017-2021, which was validated by the Delphi technique. Taking standard deviation into consideration, the
market size data from 2017-2021.
• Respondents were asked about the current and future market growth rates, market shares by component, by type, by application, by
Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various
final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.

10. 10
Research Methodology
Methodology Followed for Calculation of Market Shares:
• Market shares by component, by type, by application, by platform, by each region and by company were calculated based on the
industry experts, in which the respondents were asked about the market shares or revenue generated from various platform of IoT.
geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast
forecast techniques such as:
 Moving Average
 Time Series Analysis
 Regression Analysis
 Econometric and Judgmental Analysis

11. 11
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during
short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market
including market share data.
Partial List of Companies Interviewed Key Secondary Sources
 Hyperlink InfoSystem
 Turkcell
 epcsht
 Epigra
 Kuka apps
 Inspark
 ikol Mobile
 reengen
 TrioMobil
 Thales Group
 World Bank
 TechSci Research Proprietary Database & Knowledge Repository
 Company Annual Reports
 Industry Magazines
 Industry Reports
 News Dailies
 Credible Paid Databases

12. 12
Industry Brief
Rapid digitization across industry verticals and technological advancements is expected to drive the demand of Turkey IoT market for the forecast
period.
According to TechSci Research report, “Turkey IoT Market By Component (Hardware, Service, Software), By Type (B2B, B2C, B2G), By Application (Smart Manufacturing, Consumer
Electronics, Building & Home Automation, Smart Mobility & Transportation, Connected Logistics, Others), By Region, Competition Forecast & Opportunities, 2026”, the Turkey IoT market
is expected to grow at a significant growth for the forecast period, 2022-2026. Internet of things or IoT refers to physical devices that are connected over the internet or other
communication networks and are embedded with processing ability, sensors, software, and other advanced technologies that can easily communicate with each other to generate smart
insights. IoT can be used for a wide range of applications including smart grid, smart transportation & logistics, smart healthcare and therefore witness high demand from all over the
country. The ongoing and upcoming projects for the development of smart cities are equipped with sensors and connected devices by using smart technology and data analysis. Leading
authorities are making efforts to make smart cities such as the development of Izmir city as a smart city to provide enhanced quality living standards to its citizens and improve the
economic status. A smart city uses the internet of things technology to effectively communicate between the connected devices and end-users which in turn is anticipated to fuel the
demand of the Turkey IoT market for the next five years. The introduction of smart applications in transportation and urban services and providing access to the residents through the help
of online channels in form of e-government is promoting digitization across prominent industry verticals. The huge expenditure by the government of Turkey for the implementation of
smart grid, intelligent street lighting, and smart metering to efficiently manage the energy is contributing significantly to the Turkey IoT market growth. Intelligent transport systems are
being installed in several cities of Turkey such as Ankara, Istanbul, and Izmir. The Ministry of Transportation has elaborated in their action plan 2013-2023 that all cities will implement the
smart traffic light system according to the present traffic density, digital traffic signs, green wave system, and others to provide an enhanced consumer experience to its residents. The
leading authorities are focusing on minimizing the water losses incurred by the country.
However, privacy and data security concerns may restrain the Turkey IoT market growth for the forecast period.
Turkey IoT market is segmented into component, type, application, regional distribution, and company. Based on application, the market can be segmented into smart manufacturing,
consumer electronics, building & home automation, smart mobility & transportation, connected logistics, and others. The smart manufacturing segment is expected to account for major
market share for the forecast period, 2022-2026. The advent of artificial intelligence, cloud computing, big data, industry 4.0, and other advanced technologies and the growing adoption of
digitalization is aiding to increase the smart manufacturing segment growth. The high rate of adoption of smart manufacturing by the manufacturing industries owing to its benefits such as
it can accurately predict the requirements and thus helps to manage unnecessary expenses. Smart manufacturing also helps in identifying the faults or errors and notifies the concerned
authorities beforehand which ensures a smooth workflow in the industries.
Hyperlink InfoSystem, Turkcell, epcsht, Epigra, Kuka apps, Inspark, ikol Mobile, reengen, TrioMobil, Thales Group are the leading players operating in Turkey IoT market. Service
providers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and
durability, several IoT service providers are coming up with their technologically advanced offerings.
“The development of advanced wireless technologies ZigBee, Bluetooth, Digital Enhanced Cordless Telecommunications, and the growing adoption of pear-to-pear solutions such as
AllSeen which allows direct device-to-device communication is allowing more devices to be connected. The high-end investments by the market players for the advancement of high-
speed network connectivity and the research and development activities for making more efficient connected devices to improve the economic status of the country are expected to
accelerate the market growth. The rapid growth of the industries and the growing awareness about the benefits of using smart technology is expected to propel the Tukey IoT market
growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

13. 13
Sample Data - Snapshot
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6.00
7.00
8.00
9.00
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15.00
10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 100.00 110.00
2017 2021 2022E 2027F
By Value (USD Million)
By Volume (Connected
Devices)
Turkey IoT Market Size, By Value (USD Million) & By Volume (Connected Devices), 2017–2027F
CAGR BY VALUE: XX%
CAGR BY VOLUME: XX%
CAGR BY VALUE: XX%
CAGR BY VOLUME: XX%
Turkey IoT Market Share, By Component, By Value, 2017–2027F
20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%
30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%
50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%
2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F
Services
Software
Hardware
Turkey IoT Market Share, By Type, By Value, 2017–2027F
2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F
33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33%
33% 33% 33% 33% 33% 33% 33% 33% 33% 33% 33%
34% 34% 34% 34% 34% 34% 34% 34% 34% 34% 34%
B2B B2C B2G

14. 14
Report Ordering
Report Name: TURKEY IOT MARKET
FORECAST & OPPORTUNITIES
2017 – 2027
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15. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality
analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global
company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it
considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible
for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the
subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this
document are indicative of relative market size and are strICTly for client’s internal consumption. Usage of the same for purpose other than internal will require prior
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