Market Overview:
The global IoT device management market is expected to grow from USD 1.02 billion in 2018 to USD 3.73 billion by 2030, at a CAGR of 17.5% during the forecast period. The growth of the global IoT device management market can be attributed to the increasing demand for connected health, networked logistics, intelligent public utilities, and intelligent manufacturing applications across the globe. Moreover, rising concerns over data security and privacy are also fueling the growth of the global IoT device management market. However, lack of awareness about benefits offered by IoT devices and stringent government regulations are restraining the growth of this market to some extent. Based on type, private deployment model is expected to hold a larger share of the global IoT device management market during 2018-2030 owing to its advantages such as low implementation cost.
Product Definition:
IoT Device Management is a term used to describe the various functions that are required to manage and maintain devices in an IoT network. These functions may include things like secure provisioning, firmware updates, device monitoring and diagnostics, and troubleshooting. The importance of IoT Device Management lies in the fact that managing devices is critical to ensuring that networks are reliable and efficient. By automating many of the tasks associated with device management, organisations can reduce costs while also improving system performance.
Private Deployment Model:
Private deployment model is a service model that allows the user to deploy an application on a private cloud and only accessible by authorized users. The service provides various benefits such as scalability, high-availability, low latency connectivity between devices, and disaster recovery to the organizations. It also helps in reducing security risks and increasing efficiency of business operations.
The major drivers for this market are growing adoption of IoT devices across different verticals coupled with need for efficient device management services among enterprises.
Public Deployment Model:
The public deployment model is a cloud-based software development and deployment platform that enables organizations to rapidly develop, test, and deploy applications on the cloud. It also helps in managing IT infrastructure across different departments. The model provides an application program interface (API) for developers to access data from connected devices without any restrictions on the type of data or frequency of requests.
Application Insights:
The networked logistics application segment accounted for the largest revenue share in 2017 and is projected to continue leading over the forecast period. The growth can be attributed to increasing adoption of IoT devices in various industries such as transportation, manufacturing, and logistics. Moreover, this industry is expected to witness significant growth owing to introduction of new technologies such as machine learning, natural language processing, and image recognition which will augment the efficiency of IoT-based systems.
The connected health application segment is also estimated to grow at a lucrative rate over the forecast period.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing adoption of IoT devices in various sectors such as healthcare, manufacturing, and logistics among others. Increasing demand for connected cars is also anticipated to drive the regional market growth over the forecast period.
Increasing industrialization across countries such as China and India are driving demand for smart factories that can optimize their resources efficiently and enhance productivity while reducing costs are further fueling industry expansion across this region which will result in increased deployment of IoT devices over the next eight years thereby fueling revenue generation opportunities for vendors operating within this space.
North America accounted for more than 25% revenue share within 2016 owing to early adoption by several industries coupled with high disposable income of consumers particularly in U.S.
Growth Factors:
- Increasing demand for IoT devices and services
- Proliferation of connected devices and sensors
- Growing need for data-driven decision making
- Emergence of new business models and revenue streams
- Increased focus on security and privacy
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Device Management Market Research Report
By Type
Private Deployment Model, Public Deployment Model, Hybrid Deployment Model
By Application
Connected Health, Networked Logistics, Intelligent Public Utilities, Intelligent Manufacturing, Other
By Companies
Advantech, Aeris, Amplia Soluciones, Cumulocity, Enhanced Telecommunications, International Business Machines, Microsoft, Oracle, Ptc Incorporation, Smith Micro Software, Telit Communications, Wind River, Xively, Zentri
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global IoT Device Management Market Report Segments:
The global IoT Device Management market is segmented on the basis of:
Types
Private Deployment Model, Public Deployment Model, Hybrid Deployment Model
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Connected Health, Networked Logistics, Intelligent Public Utilities, Intelligent Manufacturing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Advantech
- Aeris
- Amplia Soluciones
- Cumulocity
- Enhanced Telecommunications
- International Business Machines
- Microsoft
- Oracle
- Ptc Incorporation
- Smith Micro Software
- Telit Communications
- Wind River
- Xively
- Zentri
Highlights of The IoT Device Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Private Deployment Model
- Public Deployment Model
- Hybrid Deployment Model
- By Application:
- Connected Health
- Networked Logistics
- Intelligent Public Utilities
- Intelligent Manufacturing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IoT Device Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IoT Device Management is a process that helps manage the devices in an IoT network. This can include managing the devices’ settings, connecting them to the network, and monitoring their activity.
Some of the key players operating in the iot device management market are Advantech, Aeris, Amplia Soluciones, Cumulocity, Enhanced Telecommunications, International Business Machines, Microsoft, Oracle, Ptc Incorporation, Smith Micro Software, Telit Communications, Wind River, Xively, Zentri.
The iot device management market is expected to register a CAGR of 17.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IoT Device Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IoT Device Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IoT Device Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IoT Device Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IoT Device Management Market Size & Forecast, 2020-2028
4.5.1 IoT Device Management Market Size and Y-o-Y Growth
4.5.2 IoT Device Management Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Private Deployment Model
5.2.2 Public Deployment Model
5.2.3 Hybrid Deployment Model
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Connected Health
6.2.2 Networked Logistics
6.2.3 Intelligent Public Utilities
6.2.4 Intelligent Manufacturing
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IoT Device Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IoT Device Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Private Deployment Model
9.6.2 Public Deployment Model
9.6.3 Hybrid Deployment Model
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Connected Health
9.10.2 Networked Logistics
9.10.3 Intelligent Public Utilities
9.10.4 Intelligent Manufacturing
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Private Deployment Model
10.6.2 Public Deployment Model
10.6.3 Hybrid Deployment Model
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Connected Health
10.10.2 Networked Logistics
10.10.3 Intelligent Public Utilities
10.10.4 Intelligent Manufacturing
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Private Deployment Model
11.6.2 Public Deployment Model
11.6.3 Hybrid Deployment Model
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Connected Health
11.10.2 Networked Logistics
11.10.3 Intelligent Public Utilities
11.10.4 Intelligent Manufacturing
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Private Deployment Model
12.6.2 Public Deployment Model
12.6.3 Hybrid Deployment Model
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Connected Health
12.10.2 Networked Logistics
12.10.3 Intelligent Public Utilities
12.10.4 Intelligent Manufacturing
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Private Deployment Model
13.6.2 Public Deployment Model
13.6.3 Hybrid Deployment Model
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Connected Health
13.10.2 Networked Logistics
13.10.3 Intelligent Public Utilities
13.10.4 Intelligent Manufacturing
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IoT Device Management Market: Competitive Dashboard
14.2 Global IoT Device Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Advantech
14.3.2 Aeris
14.3.3 Amplia Soluciones
14.3.4 Cumulocity
14.3.5 Enhanced Telecommunications
14.3.6 International Business Machines
14.3.7 Microsoft
14.3.8 Oracle
14.3.9 Ptc Incorporation
14.3.10 Smith Micro Software
14.3.11 Telit Communications
14.3.12 Wind River
14.3.13 Xively
14.3.14 Zentri
