ResearchAndMarkets.com’s offering. Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Telecom Services estimated at US$11.9 Billion in the year 2020, is projected to reach a revised size of US$112.2 Billion by 2027, growing at a CAGR of 37.8% over the period 2020-2027. Services, one of the segments analyzed in the report, is projected to record 38.8% CAGR and reach US$90.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solutions segment is readjusted to a revised 34.1% CAGR for the next 7-year period.