IoT Infrastructure Market is driven by increasing demand for reliable and dedicated sensors for improving the quality of living in a smart city
Global IoT Infrastructure Market growth in service segment will be driven by rising demand for customized services to manage the systems in IoT network. Professional service providers with technical expertise provide end-to-end services and deploy the technological solutions in order to increase the operational efficiency. Furthermore, increasing adoption professional services by the users to reduce the total cost of ownership contributes to the segment growth. Increasing government initiatives for smart cities across China, India and Singapore offers opportunities to the service providers to invest in IoT infrastructure markets.