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BAQMaR Conference 2012: The Next Level

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IoT Telecom Services Market Worth 17.67 Billion USD by 2021

MarketsandMarkets forecasts the IoT telecom services market size to grow from USD 2.90 Billion in 2016 to USD 17.67 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 43.6%. The scope of this report covers the IoT telecom services market by component, connectivity technology, service, application, and region. The M2M billing services segment is expected to dominate the market, at the highest CAGR during the forecast period due to the need for tracking and managing the billing and rating of NaaS subscription, offered by various telecom service providers in the IoT space.

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BAQMaR Conference 2012: The Next Level

IoT Telecom Services Market Worth 17.67 Billion USD by 2021