The global IoT Professional Services Market is projected to grow from USD 79.0 billion in 2018 to USD 189.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.1 percent during the forecast period. The major drivers leading to the growth of the IoT Professional Services Market are the proliferation of connected devices across the globe and the requirement for highly customized IoT professional services in the industrial and transportation sectors. IoT consulting services help in refining the business processes of organizations and are used for formulating different strategies, developing use cases, planning roadmaps, assessing technologies, and framing IoT architectures. IoT consulting services can be classified into technology consulting services, business consulting services, and operational consulting services.