Global IoT Device Management Market Size Study & Forecast, by Category, by Solution, by Service, by Organization Size (Large Enterprises, Small & Medium Enterprises ), by Vertical, and Regional Analysis, 2023-2030

Description

List of Tables

Global IoT Device Management Market is valued at approximately USD 1.88 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 34.9% over the forecast period 2023-2030. IoT (Internet of Things) Device Management refers to the collection of procedures, instruments, and technological advancements used to oversee and regulate the operation of IoT devices installed in a variety of settings. It entails tasks such as setting up, maintaining, upgrading, securing, and provisioning IoT devices throughout their operational lifecycle. IoT device management is essential for large-scale IoT installations to operate effectively and securely. It aids businesses in streamlining processes, preserving data integrity, and managing and optimizing their IoT devices. The rapid proliferation of IoT devices across various industries and sectors, rising emphasis on remote device management, and increasing regulatory compliance regarding data privacy, security, and device management, coupled with the evolving IoT standards and protocols are playing a vital role in bolstering market growth across the globe.

In addition, the surging adoption of connected devices is directly associated with the demand for IoT device management solutions. Effective IoT Device Management enhances operational efficiency, reduces downtime, ensures data integrity, improves security, and simplifies device maintenance for large-scale IoT deployments. According to the Statista, there were nearly 8.6 billion Internet of Things (IoT) connected devices in 2019,, which is anticipated to reach around 19.1 billion devices by 2025. Thereby, these aforementioned factors are spurring the market expansion. Moreover, the rising technological developments, as well as the Increasing penetration of communication and networking technologies present various lucrative opportunities over the forecast years. However, the data security and privacy concerns and complexity of IoT deployments are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global IoT Device Management Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the development of information and communications technology (ICT) infrastructure and surging adoption of connected devices. Also, the growth of the region is aided by its robust economy and the presence of several well-established businesses. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. The proliferation of connected gadgets, the high population, and the ongoing development of high-speed data networks are significantly propelling the market demand across the region. Additionally, it is projected that throughout the projection period, the market has multiple development prospects due to governments' increasing focus on supporting small- and medium-sized businesses that heavily use intelligent devices.

Major market players included in this report are:

Bosch Software Innovation GmbH
Smith Micro Software, Inc.
Advantech Co. Ltd.
International Business Machines Corp.
Aeris Communication, Inc.
Microsoft Corp.
Oracle Corp.
PTC Inc.
Proximetry
Telit Communications PLC

Recent Developments in the Market:

In December 2022, Aeris Communications- an Internet of Things (IoT) solutions provider based in California, U.S. announced that the company has signed an agreement with Ericsson to acquire the Connected Vehicle Cloud businesses and IoT Accelerator of Ericsson. This acquisition helps the company to expand its footprints in the regional market, as well as strengthen its product portfolio.

Global IoT Device Management Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Category, Solution, Service, Organization Size, Vertical, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Category:

Solution
Services

By Solution:

Real-time Streaming Analytics
Security Solutions
Data Management
Remote Monitoring
Network Bandwidth Management

By Service:

Professional Services
Managed Services

By Organization Size:

Large Enterprises
Small & Medium Enterprises (SMEs)

By Vertical:

Retail
Healthcare
Transportation
Utilities
Manufacturing
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. IoT Device Management Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. IoT Device Management Market, by Category, 2020-2030 (USD Billion)
- 1.2.3. IoT Device Management Market, by Solution, 2020-2030 (USD Billion)
- 1.2.4. IoT Device Management Market, by Service, 2020-2030 (USD Billion)
- 1.2.5. IoT Device Management Market, by Organization Size, 2020-2030 (USD Billion)
- 1.2.6. IoT Device Management Market, by Vertical, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global IoT Device Management Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global IoT Device Management Market Dynamics

3.1. IoT Device Management Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Surging number of connected devices
  - 3.1.1.2. Increasing regulatory Compliance regarding data privacy, security, and device management
- 3.1.2. Market Challenges
  - 3.1.2.1. Data security and privacy concerns
  - 3.1.2.2. Complexity of IoT deployments
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising technological developments
  - 3.1.3.2. Increasing penetration of communication and networking technologies

Chapter 4. Global IoT Device Management Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global IoT Device Management Market, by Category

5.1. Market Snapshot
5.2. Global IoT Device Management Market by Category, Performance - Potential Analysis
5.3. Global IoT Device Management Market Estimates & Forecasts by Category 2020-2030 (USD Billion)
5.4. IoT Device Management Market, Sub Segment Analysis
- 5.4.1. Solution
- 5.4.2. Services

Chapter 6. Global IoT Device Management Market, by Solution

6.1. Market Snapshot
6.2. Global IoT Device Management Market by Solution, Performance - Potential Analysis
6.3. Global IoT Device Management Market Estimates & Forecasts by Solution 2020-2030 (USD Billion)
6.4. IoT Device Management Market, Sub Segment Analysis
- 6.4.1. Real-time Streaming Analytics
- 6.4.2. Security Solutions
- 6.4.3. Data Management
- 6.4.4. Remote Monitoring
- 6.4.5. Network Bandwidth Management

Chapter 7. Global IoT Device Management Market, by Service

7.1. Market Snapshot
7.2. Global IoT Device Management Market by Service, Performance - Potential Analysis
7.3. Global IoT Device Management Market Estimates & Forecasts by Service 2020-2030 (USD Billion)
7.4. IoT Device Management Market, Sub Segment Analysis
- 7.4.1. Professional Services
- 7.4.2. Managed Services

Chapter 8. Global IoT Device Management Market, by Organization Size

8.1. Market Snapshot
8.2. Global IoT Device Management Market by Organization Size, Performance - Potential Analysis
8.3. Global IoT Device Management Market Estimates & Forecasts by Organization Size 2020-2030 (USD Billion)
8.4. IoT Device Management Market, Sub Segment Analysis
- 8.4.1. Large Enterprises
- 8.4.2. Small & Medium Enterprises (SMEs)

Chapter 9. IoT Device Management Market, by Vertical

9.1. Market Snapshot
9.2. Global IoT Device Management Market by Vertical, Performance - Potential Analysis
9.3. Global IoT Device Management Market Estimates & Forecasts by Vertical 2020-2030 (USD Billion)
9.4. IoT Device Management Market, Sub Segment Analysis
- 9.4.1. Retail
- 9.4.2. Healthcare
- 9.4.3. Transportation
- 9.4.4. Utilities
- 9.4.5. Manufacturing
- 9.4.6. Others

Chapter 10. Global IoT Device Management Market, Regional Analysis

10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. IoT Device Management Market, Regional Market Snapshot
10.4. North America IoT Device Management Market
- 10.4.1. U.S. IoT Device Management Market
  - 10.4.1.1. Category breakdown estimates & forecasts, 2020-2030
  - 10.4.1.2. Solution breakdown estimates & forecasts, 2020-2030
  - 10.4.1.3. Service breakdown estimates & forecasts, 2020-2030
  - 10.4.1.4. Organization Size breakdown estimates & forecasts, 2020-2030
  - 10.4.1.5. Vertical breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada IoT Device Management Market
10.5. Europe IoT Device Management Market Snapshot
- 10.5.1. U.K. IoT Device Management Market
- 10.5.2. Germany IoT Device Management Market
- 10.5.3. France IoT Device Management Market
- 10.5.4. Spain IoT Device Management Market
- 10.5.5. Italy IoT Device Management Market
- 10.5.6. Rest of Europe IoT Device Management Market
10.6. Asia-Pacific IoT Device Management Market Snapshot
- 10.6.1. China IoT Device Management Market
- 10.6.2. India IoT Device Management Market
- 10.6.3. Japan IoT Device Management Market
- 10.6.4. Australia IoT Device Management Market
- 10.6.5. South Korea IoT Device Management Market
- 10.6.6. Rest of Asia Pacific IoT Device Management Market
10.7. Latin America IoT Device Management Market Snapshot
- 10.7.1. Brazil IoT Device Management Market
- 10.7.2. Mexico IoT Device Management Market
10.8. Middle East & Africa IoT Device Management Market
- 10.8.1. Saudi Arabia IoT Device Management Market
- 10.8.2. South Africa IoT Device Management Market
- 10.8.3. Rest of Middle East & Africa IoT Device Management Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Bosch Software Innovation GmbH
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Recent Developments
- 11.3.2. Smith Micro Software, Inc.
- 11.3.3. Advantech Co. Ltd.
- 11.3.4. International Business Machines Corp.
- 11.3.5. Aeris Communication, Inc.
- 11.3.6. Microsoft Corp.
- 11.3.7. Oracle Corp.
- 11.3.8. PTC Inc.
- 11.3.9. Proximetry
- 11.3.10. Telit Communications PLC

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global IoT Device Management Market, report scope
TABLE 2. Global IoT Device Management Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global IoT Device Management Market estimates & forecasts by Category 2020-2030 (USD Billion)
TABLE 4. Global IoT Device Management Market estimates & forecasts by Solution 2020-2030 (USD Billion)
TABLE 5. Global IoT Device Management Market estimates & forecasts by Service 2020-2030 (USD Billion)
TABLE 6. Global IoT Device Management Market estimates & forecasts by Organization Size 2020-2030 (USD Billion)
TABLE 7. Global IoT Device Management Market estimates & forecasts by Vertical 2020-2030 (USD Billion)
TABLE 8. Global IoT Device Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global IoT Device Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global IoT Device Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global IoT Device Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global IoT Device Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global IoT Device Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global IoT Device Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global IoT Device Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global IoT Device Management Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. Global IoT Device Management Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. U.S. IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. U.S. IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. Canada IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. Canada IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. UK IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. UK IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. Germany IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. Germany IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. France IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. France IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Italy IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Italy IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. Spain IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. Spain IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. RoE IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. RoE IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. China IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. China IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. India IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. India IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. Japan IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. Japan IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. South Korea IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. South Korea IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. Australia IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. Australia IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. RoAPAC IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. RoAPAC IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Brazil IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Brazil IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. Mexico IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. Mexico IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. RoLA IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoLA IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. Saudi Arabia IoT Device Management Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 70. South Africa IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. RoMEA IoT Device Management Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 72. List of secondary sources, used in the study of global IoT Device Management Market
TABLE 73. List of primary sources, used in the study of global IoT Device Management Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global IoT Device Management Market, research methodology
FIG 2. Global IoT Device Management Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global IoT Device Management Market, key trends 2022
FIG 5. Global IoT Device Management Market, growth prospects 2023-2030
FIG 6. Global IoT Device Management Market, porters 5 force model
FIG 7. Global IoT Device Management Market, pest analysis
FIG 8. Global IoT Device Management Market, value chain analysis
FIG 9. Global IoT Device Management Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global IoT Device Management Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global IoT Device Management Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global IoT Device Management Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global IoT Device Management Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global IoT Device Management Market, regional snapshot 2020 & 2030
FIG 15. North America IoT Device Management Market 2020 & 2030 (USD Billion)
FIG 16. Europe IoT Device Management Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific IoT Device Management Market 2020 & 2030 (USD Billion)
FIG 18. Latin America IoT Device Management Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa IoT Device Management Market 2020 & 2030 (USD Billion)