Global Internet of Things (IoT) Device Management Market Size Study & Forecast, by Component (Solution and Services), Deployment Mode, Enterprise Size, End Use, and Regional Forecasts 2025-2035

Description

The Global Internet of Things (IoT) Device Management Market is valued at approximately USD 4.2 billion in 2024 and is poised to grow at an impressive CAGR of more than 36.5% throughout the forecast period 2025-2035. IoT device management refers to the processes, tools, and platforms that allow organizations to provision, configure, monitor, and maintain connected devices at scale. As enterprises accelerate digital transformation strategies, the need to handle billions of interconnected devices has intensified. This surge is driven by industries leveraging IoT to streamline operations, boost productivity, and deliver new value-added services. Rising investments in smart city projects, expanding edge computing deployments, and growing 5G rollouts are further amplifying the adoption of IoT device management solutions worldwide.

The escalating demand for automation across industries has significantly pushed IoT adoption, and in turn, the demand for efficient device management systems. These platforms play a pivotal role in ensuring data integrity, enabling over-the-air firmware updates, enhancing device security, and supporting predictive maintenance. For instance, the International Data Corporation (IDC) reported that the global installed base of IoT devices surpassed 14 billion in 2022 and is projected to double by 2030. This exponential device growth underscores the indispensable role of management platforms. However, the market faces constraints in terms of interoperability challenges, high implementation costs, and growing concerns around cybersecurity, which could hinder adoption in certain regions during the forecast window.

The detailed segments and sub-segments included in the report are:

By Component:

Solution
Services

By Deployment Mode:

Cloud
On-Premise

By Enterprise Size:

Large Enterprises
Small & Medium Enterprises (SMEs)

By End Use:

Manufacturing
Healthcare
Energy & Utilities
Automotive & Transportation
Retail & E-commerce
BFSI
Government & Public Sector
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
Within the market landscape, the solution segment is projected to dominate throughout the forecast horizon, commanding the largest share. Solutions such as device provisioning, security management, remote monitoring, and analytics have become indispensable for enterprises that are scaling their IoT ecosystems. Large enterprises, in particular, continue to prioritize robust solutions to manage diverse device fleets, optimize uptime, and safeguard against cyber risks. In contrast, the services segment, which includes professional and managed services, is anticipated to record the fastest growth. Increasing reliance on third-party expertise to customize, integrate, and maintain IoT platforms is driving demand across SMEs and emerging markets.
From a revenue perspective, the cloud deployment mode currently leads the market, benefiting from its flexibility, scalability, and cost-effectiveness. Cloud-based device management platforms enable enterprises to oversee vast IoT infrastructures in real time, with minimal upfront infrastructure investments. This dominance is further reinforced by the rapid growth of SaaS-based IoT platforms offered by technology giants. On the other hand, the on-premise segment remains significant, especially in highly regulated industries such as healthcare and government, where stringent data security and compliance requirements necessitate in-house infrastructure. Thus, while cloud holds the largest share today, on-premise deployments continue to cater to specialized, high-security use cases.
Geographically, North America dominated the IoT device management market in 2025, driven by its advanced digital infrastructure, high adoption of connected technologies, and concentration of leading IoT platform providers. The region's strong regulatory framework around data security and privacy further accelerates reliance on professional device management solutions. Asia Pacific, however, is forecasted to grow at the fastest pace during the period, propelled by rapid urbanization, industrial automation, and government-led digital initiatives in economies like China, India, and Japan. Europe continues to play a vital role, particularly in automotive and smart manufacturing applications, while Latin America and the Middle East & Africa are steadily catching up with investments in smart city projects and telecom infrastructure upgrades.

Major market players included in this report are:

Cisco Systems, Inc.
IBM Corporation
Microsoft Corporation
Oracle Corporation
Amazon Web Services, Inc.
Hewlett Packard Enterprise (HPE)
PTC Inc.
Siemens AG
SAP SE
Intel Corporation
Smith Micro Software, Inc.
Telit IoT Platforms, LLC
Advantech Co., Ltd.
AT&T Inc.
Huawei Technologies Co., Ltd.

Global Internet of Things (IoT) Device Management Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' 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 for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained above.

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Internet of Things (IoT) Device Management Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Internet of Things (IoT) Device Management Market Forces Analysis

3.1. Market Forces Shaping The Global Internet of Things (IoT) Device Management Market (2024-2035)
3.2. Drivers
- 3.2.1. Industries leveraging IoT to streamline operations
- 3.2.2. Rising investments in smart city projects
3.3. Restraints
- 3.3.1. High implementation costs
3.4. Opportunities
- 3.4.1. Expanding edge computing deployments

Chapter 4. Global Internet of Things (IoT) Device Management Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL 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 Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Internet of Things (IoT) Device Management Market Size & Forecasts by Component 2025-2035

5.1. Market Overview
5.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
5.3. Solution
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Services
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Internet of Things (IoT) Device Management Market Size & Forecasts by Deployment Mode 2025-2035

6.1. Market Overview
6.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
6.3. Cloud
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. On premises
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Internet of Things (IoT) Device Management Market Size & Forecasts by Enterprise Size 2025-2035

7.1. Market Overview
7.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
7.3. Large Enterprises
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. Small & Medium Enterprises (SMEs)
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035

Chapter 8. Global Internet of Things (IoT) Device Management Market Size & Forecasts by Enterprise Size 2025-2035

8.1. Market Overview
8.2. Global Growth Hormone Deficiency Market Performance - Potential Analysis (2025)
8.3. Manufacturing
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market size analysis, by region, 2025-2035
8.4. Healthcare
- 8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.4.2. Market size analysis, by region, 2025-2035
8.5. Energy & Utilities
- 8.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.5.2. Market size analysis, by region, 2025-2035
8.6. Automotive & Transportation
- 8.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.6.2. Market size analysis, by region, 2025-2035
8.7. Retail & E-commerce
- 8.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.7.2. Market size analysis, by region, 2025-2035
8.8. BFSI
- 8.8.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.8.2. Market size analysis, by region, 2025-2035
8.9. Government & Public Sector
- 8.9.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.9.2. Market size analysis, by region, 2025-2035
8.10. Others
- 8.10.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.10.2. Market size analysis, by region, 2025-2035

Chapter 9. Global Internet of Things (IoT) Device Management Market Size & Forecasts by Region 2025-2035

9.1. Growth Internet of Things (IoT) Device Management Market, Regional Market Snapshot
9.2. Top Leading & Emerging Countries
9.3. North America Internet of Things (IoT) Device Management Market
- 9.3.1. U.S. Internet of Things (IoT) Device Management Market
  - 9.3.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.3.1.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.3.1.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.3.1.4. End Use breakdown size & forecasts, 2025-2035
- 9.3.2. Canada Internet of Things (IoT) Device Management Market
  - 9.3.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.3.2.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.3.2.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.3.2.4. End Use breakdown size & forecasts, 2025-2035
9.4. Europe Internet of Things (IoT) Device Management Market
- 9.4.1. UK Internet of Things (IoT) Device Management Market
  - 9.4.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.1.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.4.1.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.4.1.4. End Use breakdown size & forecasts, 2025-2035
- 9.4.2. Germany Internet of Things (IoT) Device Management Market
  - 9.4.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.2.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.4.2.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.4.2.4. End Use breakdown size & forecasts, 2025-2035
- 9.4.3. France Internet of Things (IoT) Device Management Market
  - 9.4.3.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.3.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.4.3.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.4.3.4. End Use breakdown size & forecasts, 2025-2035
- 9.4.4. Spain Internet of Things (IoT) Device Management Market
  - 9.4.4.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.4.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.4.4.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.4.4.4. End Use breakdown size & forecasts, 2025-2035
- 9.4.5. Italy Internet of Things (IoT) Device Management Market
  - 9.4.5.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.5.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.4.5.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.4.5.4. End Use breakdown size & forecasts, 2025-2035
- 9.4.6. Rest of Europe Internet of Things (IoT) Device Management Market
  - 9.4.6.1. Component breakdown size & forecasts, 2025-2035
  - 9.4.6.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.4.6.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.4.6.4. End Use breakdown size & forecasts, 2025-2035
9.5. Asia Pacific Internet of Things (IoT) Device Management Market
- 9.5.1. China Internet of Things (IoT) Device Management Market
  - 9.5.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.1.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.5.1.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.5.1.4. End Use breakdown size & forecasts, 2025-2035
- 9.5.2. India Internet of Things (IoT) Device Management Market
  - 9.5.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.2.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.5.2.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.5.2.4. End Use breakdown size & forecasts, 2025-2035
- 9.5.3. Japan Internet of Things (IoT) Device Management Market
  - 9.5.3.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.3.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.5.3.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.5.3.4. End Use breakdown size & forecasts, 2025-2035
- 9.5.4. Australia Internet of Things (IoT) Device Management Market
  - 9.5.4.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.4.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.5.4.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.5.4.4. End Use breakdown size & forecasts, 2025-2035
- 9.5.5. South Korea Internet of Things (IoT) Device Management Market
  - 9.5.5.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.5.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.5.5.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.5.5.4. End Use breakdown size & forecasts, 2025-2035
- 9.5.6. Rest of APAC Internet of Things (IoT) Device Management Market
  - 9.5.6.1. Component breakdown size & forecasts, 2025-2035
  - 9.5.6.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.5.6.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.5.6.4. End Use breakdown size & forecasts, 2025-2035
9.6. Latin America Internet of Things (IoT) Device Management Market
- 9.6.1. Brazil Internet of Things (IoT) Device Management Market
  - 9.6.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.6.1.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.6.1.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.6.1.4. End Use breakdown size & forecasts, 2025-2035
- 9.6.2. Mexico Internet of Things (IoT) Device Management Market
  - 9.6.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.6.2.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.6.2.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.6.2.4. End Use breakdown size & forecasts, 2025-2035
9.7. Middle East and Africa Internet of Things (IoT) Device Management Market
- 9.7.1. UAE Internet of Things (IoT) Device Management Market
  - 9.7.1.1. Component breakdown size & forecasts, 2025-2035
  - 9.7.1.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.7.1.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.7.1.4. End Use breakdown size & forecasts, 2025-2035
- 9.7.2. Saudi Arabia (KSA) Internet of Things (IoT) Device Management Market
  - 9.7.2.1. Component breakdown size & forecasts, 2025-2035
  - 9.7.2.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.7.2.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.7.2.4. End Use breakdown size & forecasts, 2025-2035
- 9.7.3. South Africa Internet of Things (IoT) Device Management Market
  - 9.7.3.1. Component breakdown size & forecasts, 2025-2035
  - 9.7.3.2. Deployment mode breakdown size & forecasts, 2025-2035
  - 9.7.3.3. Enterprise Size breakdown size & forecasts, 2025-2035
  - 9.7.3.4. End Use breakdown size & forecasts, 2025-2035

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Cisco Systems, Inc.
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
10.3. IBM Corporation
10.4. Microsoft Corporation
10.5. Oracle Corporation
10.6. Amazon Web Services, Inc.
10.7. Hewlett Packard Enterprise (HPE)
10.8. PTC Inc.
10.9. Siemens AG
10.10. SAP SE
10.11. Intel Corporation
10.12. Smith Micro Software, Inc.
10.13. Telit IoT Platforms, LLC
10.14. Advantech Co., Ltd.
10.15. AT&T Inc.
10.16. Huawei Technologies Co., Ltd.