Market Overview:
The global IoT management software market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing adoption of IoT by enterprises and SMEs, and the need for efficient management of large volumes of data generated by IoT devices. The global IoT management software market is segmented on the basis of type, application, and region. On the basis of type, it is divided into cloud-based and web-based segments. Cloud-based IOT management software are gaining popularity due to their scalability and flexibility offered by them. They are also preferred over web-based solutions as they do not require any additional hardware or infrastructure investments from enterprises deploying them. By application, it is classified into large enterprises and SMEs segments. Large enterprises account for a major share in terms of revenue in this market as they have been early adopters of IOT technologies across various industries such as automotive, retail & ecommerce, logistics & transportation etc., owing to its benefits such as increased operational efficiency and cost savings . However , with increasing awareness about IOT among small businesses , SMEs are expected to witness high growth rates during th e forecast period .
Product Definition:
IoT management software is a comprehensive platform that enables organizations to manage and secure their IoT deployments. It provides a single pane of glass for administrators to provision, monitor and secure devices, data and users across the entire IoT infrastructure. Additionally, it offers capabilities such as device management, data analytics, security and workflow automation which help reduce the complexity of managing an IoT deployment.
The importance of IoT Management Software is that it enables organizations to securely manage their growing number of connected devices while extracting value from the data these devices generate. By providing a single interface for administrators to provision and monitor devices as well as collect and analyze data in real-time, organizations can more easily identify issues or opportunities arising from their IoT deployments. Additionally, comprehensive security features help protect against attacks on the network or unauthorized access to sensitive data.
Cloud Based:
Cloud-based solutions are gaining popularity in the Internet of Things (IoT) management software market owing to benefits such as flexibility, cost effectiveness and ease of deployment. The demand for cloud-based IoT software is expected to gain traction over the forecast period due to factors such as growing need for mobility, increasing adoption rate of SaaS platforms and rising investments in IoT technology.
Web Based:
The web-based platform is an internet protocol that enables remote access to data and applications. It also helps in real-time data tracking, monitoring, and controlling of devices connected to the network. The major benefit of using this type of software is that it can be accessed from any location through a web browser. It offers benefits such as easy deployment, low cost for maintenance & support along with flexibility in terms of pricing models.
Application Insights:
The large enterprises segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to the fact that most of the companies have already implemented their cloud infrastructure and are now shifting towards IoT solutions. Moreover, many large enterprises are focusing on reducing costs by moving their operations to the digital economy rather than maintaining a traditional IT infrastructure. This trend is expected to continue over next few years as more and more companies make this shift, thus driving demand further.
Small and medium-sized businesses (SMBs) accounted for a significant share in 2017 owing to increasing penetration of smart devices among these businesses which enables them to take advantage of advanced IoT management software at affordable prices.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to maintain its position over the forecast period. The growth can be attributed to increasing adoption of IoT technology, high smartphone penetration, and rapid development of cloud services. Moreover, presence of major players such as Cisco Systems; Google LLC; Hewlett Packard Enterprise Development LP; and Qualcomm Inc., has fueled market growth in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increased spending on connected devices by consumers coupled with rising demand for smart cities across countries such as China and India. Additionally, growing industrialization along with increasing investments in transportation infrastructure will drive regional demand for IoT management software solutions over the next eight years.
Growth Factors:
- Increasing demand for IoT devices and services is driving the growth of the IoT management software market.
- The need for better security and privacy of data generated by IoT devices is fueling the growth of the market.
- Growing demand for real-time monitoring and analytics to get actionable insights from data collected by IoT devices is propelling the growth of this market.
- The increasing trend of BYOD (Bring Your Own Device) in enterprises is boosting the adoption rate of IoT management software solutions among businesses worldwide, thereby fuelling its growth prospects in this market space 5
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Management Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
AWS, Particle, Google Cloud IoT, Azure, Salesforce, ThingSpeak, Cisco, PTC ThingWorx, Carriots, Oracle, SAP, Sierra
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global IoT Management Software Market Report Segments:
The global IoT Management Software market is segmented on the basis of:
Types
Cloud Based, Web Based
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
Large Enterprises, SMEs
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:
- AWS
- Particle
- Google Cloud IoT
- Azure
- Salesforce
- ThingSpeak
- Cisco
- PTC ThingWorx
- Carriots
- Oracle
- SAP
- Sierra
Highlights of The IoT Management Software 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:
- Cloud Based
- Web Based
- By Application:
- Large Enterprises
- SMEs
- 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 Management Software 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.
How you may use our products:
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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 management software is a type of software that helps organizations manage the connected devices in their environment. These devices can include everything from smart home appliances to industrial equipment. IoT management software can help you monitor and manage these devices, as well as keep track of their health and performance.
Some of the major companies in the iot management software market are AWS, Particle, Google Cloud IoT, Azure, Salesforce, ThingSpeak, Cisco, PTC ThingWorx, Carriots, Oracle, SAP, Sierra.
The iot management software market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IoT Management Software 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 Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IoT Management Software 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 Management Software 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 Management Software Market Size & Forecast, 2018-2028
4.5.1 IoT Management Software Market Size and Y-o-Y Growth
4.5.2 IoT Management Software Market Absolute $ Opportunity
Chapter 5 Global IoT Management Software 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 IoT Management Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IoT Management Software 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 IoT Management Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IoT Management Software 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 Management Software 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 IoT Management Software Analysis and Forecast
9.1 Introduction
9.2 North America IoT Management Software 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 IoT Management Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
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 IoT Management Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
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 IoT Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe IoT Management Software 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 IoT Management Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
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 IoT Management Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
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 IoT Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IoT Management Software 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 IoT Management Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
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 IoT Management Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
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 IoT Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America IoT Management Software 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 IoT Management Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
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 IoT Management Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
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) IoT Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IoT Management Software 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) IoT Management Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
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) IoT Management Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
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 Management Software Market: Competitive Dashboard
14.2 Global IoT Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AWS
14.3.2 Particle
14.3.3 Google Cloud IoT
14.3.4 Azure
14.3.5 Salesforce
14.3.6 ThingSpeak
14.3.7 Cisco
14.3.8 PTC ThingWorx
14.3.9 Carriots
14.3.10 Oracle
14.3.11 SAP
14.3.12 Sierra
