IoT Telecom Services in the telecom sector has been optimizing the performance of network services through the mix of IT tools and software. IT and Telecom have emerged as an important tool for the management of IoT Telecom Services. It is making the way in the changing telecom landscape across the globe as one of the effective tools to reduce the cost associated with the operation of network equipment. IoT in the telecom sector is used for numerous applications including product monitoring, premises monitoring, and supply chain monitoring. Moreover, most telecom companies engage in the use of IoT Telecom Services technologies in various ways including smartphones, tablet computers, and other digital devices.
Top Key Players Covered in The Internet of Things (IoT) Telecom Services Market
AT&T, Verizon Communications, Ericsson, Huawei Technologies Co., Sprint Corporation, Deutsche Telekom AG, Vodafone, Aeris, T-Mobile and other major players.
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For the Purpose Of This Report, Reports And Data Has Segmented The Global Internet of Things (IoT) Telecom Services Market On The Basis Of Type, By Source, By Product, And Region:
By Type
- Connectivity Technology
- Network Management Solution
- Services
By Technology
- Cellular Technologies
- Low-Power Wide Area Network (LPWAN)
- Narrowband-IOT (NB-IOT)
- Radio Frequency-Based
- Others
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By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Salient Features of the Internet of Things (IoT) Telecom Services Market
Global Internet of Things (IoT) Telecom Services Market was valued at USD 8560 million in 2021 and is expected to reach USD 90870 million by the year 2028, at a CAGR of 40.14%.
- The increase in e-learning and online education may expand the growth of IoT Telecom Services market in the forecast period.
- Among the service type segments, the M2M billing segment is the largest revenue-generating segment and is expected to continue its dominance throughout the forecast period.
- M2M billing management services are used for tracking the usage of IoT Telecom Services subscribed by M2M connected devices users.
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