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IoT Device Management Market Share

Report ID: GMI2868
Published Date: Mar 2022
Report Format: PDF

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IoT Device Management Market Share

The industry participants are forming strategic partnerships to develop advanced & integrated IoT device management platform. For instance, in February 2022, Device Authority partnered with Avnet for end-to-end IoT security management. Through this partnership Avnet has integrated Device Authority’s KeyScaler platform into its cloud computing IoT device management platform to help the customers in managing their connected devices.

Some of the major IoT device management market leaders include:

Advantech Co. Ltd
Aeris Communications LLC
Amazon Web Services Inc
Amplia Soluciones S.L
AVSystem
Bosch.io GmbH
Cumulocity GmbH
Huawei Technologies Co. Ltd
GE Digital
Google LLC
IBM Corporation
Microsoft Corporation
Oracle Corporation
Particle Industries Inc
PTC Inc
Silicon Laboratories Inc
Smith Micro Software Inc
SiteWhere LLC
Telite Communications PLC
Vodafone Group PLC
VMware Inc
Wind River Systems Inc.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of IoT device management surpassed $1.5 billion in 2021 and is predicted to register more than 25% CAGR during the forecast period of 2022-2028.

Real-time streaming analytic solutions in Canada held over 30% of the market share in 2021 due to the growing data connectivity through the multi-cloud environment and the high demand for real-time technologies like IoT in several initiatives, such as smart cities and Industry 4.0.

The overall market size from the private cloud deployment model in the U.K. may cross 20% CAGR through 2028 as the BYOD trend is picking up the pace and a mobile workforce is being extensively deployed across the country.

Smart manufacturing applications in China are anticipated to record more than 30% CAGR in IoT device management market through 2028 due to the growing demand for a digital transformation of the country’s manufacturing sector.

North America IoT device management industry revenue is projected to exceed $2 billion by 2028 due to the rising investments in IoT technology by public and private sector companies and favorable government initiatives.

Leading organizations, such as Aeris Communications LLC, Advantech Co. Ltd., Amplia Soluciones S.L, Amazon Web Services Inc., Bosch.io GmbH, AVSystem, GE Digital, and Google LLC, among numerous others, are positively contributing to the global market.