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Iot Device Management Market

IoT Device Management Market

by Component (Software and Services), Deployment Model (On-Premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises), Application (Real-Time Streaming Analytics, Security Solution, Data Management, Remote Monitoring, Network Bandwidth Management, and Others), and End User (BFSI, IT & Telecom, Manufacturing, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A13166
Pages: NA
Nov 2022 | 969 Views
Author(s) : Vineet K
Tables: NA
Charts: NA
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Pandemic disrupted the entire world and affected many industries.

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IoT Device Management Market Insights- 2030

The Internet of Things is all about devices dispersed across the web to communicate with each other and collecting staggering amounts of data to contribute to bigger man-made objectives and targets without the need of direct human involvement. IoT device management refers to the processes involving the delivery & verifying, configuring, retaining, monitoring, and diagnosing connected devices operating as a part of an IoT environment. IoT device management is uncertain to device type and operating system, as devices are managed through controlled microcontrollers connected with each other. IoT device management enables to quickly search and find any other IoT device across one’s entire device. It helps to easily find devices based on a combination of characteristics such as device ID, device state, and type. IoT device management makes it easier to group devices in a hierarchical structure based upon the function, security requirements, or any other classification for the business.

IoT Device Management Market Scope and Structure Analysis-

Report Metric


  Market size available for years


  Base year considered


  Forecast period


  Forecast unit

  Value ($)

  Segments covered

Component, Deployment Model, Enterprise Size, Application, End User, and Region

  Regions Covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

  Companies covered

Microsoft Corporation, PTC Inc., Smith Micro Software Inc., Telit Communications Plc, International Business Machines Corporation, Oracle Corporation, Advantech Co. Ltd., Aeris Communications Pvt. Ltd., Zentri Inc., Robert Bosch GmbH.   


Impact of COVID-19 on IoT Device Management Market-

  • Attributed to the spread of COVID-19 pandemic across the globe, it has affected the global economy due to lockdown imposed by governments. Several industries were affected, and they started to adopt IoT devices. Most of the segments, such as transportation, healthcare, retail, fleet management, and others, adopted this technology.
  • The companies are adopting Internet of Things as a long-term tool, which will help to recover the businesses post pandemic. However, security issues in this emerging technology act as a barrier and companies hesitate to implement in their systems. Moreover, advancements in the technology are expected to grow the market.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The rapidly growing demand for IoT solutions in all industrial sectors and the advantages of this network, such as connected computing, marketing automation, and supply chain analytics, are expected to drive the growth of the IoT device management market. In addition, the increased saturation of networking and communication technologies and the necessity for digitalization across the globe are increasing the usage of IoT and cloud-based technologies services. However, problems with cyber security in the device and lack of compatibility & connectivity are the reasons, which hamper the market growth. Furthermore, scope for improvement in managing IoT devices, such as improved productivity, real-time device monitoring and updating, increased customer reliability, and data security, provide lucrative opportunities to the growth of the IoT device management market.

The market trends for IoT device management market are as follows:

Increased usage of IoT devices in the retail segment

Smart devices and IoT in retail assist retailers to enhance the customer experience and help to get feedback from customers. Some of the advantages of IoT devices are energy management, in-store navigation, theft prevention, and customer engagement, which facilitate the retail industry. Various IoT-based programs can monitor and alert the retailers about temperature, gas leakage, electricity breakdowns, energy usage, and heating with the help of integrated sensors. Using these smart energy management devices, store owners are able to communicate with the technicians and inform the issue on a prior basis.

North America is expected to lead the market during the forecast period

The important factors for the growth of the IoT device management market in this region are the high acceptance of advanced technologies, increasing cyberattacks, and an increasing number of connected devices in the region. North American region is one of the main areas for IoT deployment. Other factors include the growth in digitalization and government spending to securitizing resident’s data. The adoption of IoT in the manufacturing industry in the region is encouraging the adoption of IoT security solutions, thereby impacting the market growth.

Key segments covered


Sub segments


  1. Software 
  2. Services

  Deployment Model

  1. On-Premises
  2. Cloud

  Enterprise Size

  1. Large Enterprises
  2. Small & Medium Enterprises


  1. Real-Time Streaming Analytics
  2. Security Solution
  3. Data Management
  4. Remote Monitoring
  5. Network Bandwidth Management
  6. Others

  End User

  1. BFSI
  2. IT & Telecom
  3. Manufacturing
  4. Healthcare
  5. Others



Key benefits of the report

  • This study presents analytical depiction of the IoT device management market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed market analysis based on the present and future competitive intensity of the market.

Questions answered in the IoT device management market research report

  • Which are the leading players active in the IoT device management market?
  • What are the detailed impacts of COVID-19 on the market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?

IoT Device Management Market Report Highlights

Aspects Details
By Component
  • Solutions
  • Services
By Solution Type
  • Real-Time streaming analytics
  • Security solution
  • Data management
  • Remote monitoring
  • Network bandwidth management
By Service Type
  • Professional services
  • Managed services
By Organization Size
  • Large Enterprises
  • Small and Medium-Sized Enterprises (SMEs)
By Deployment Type
  • Public cloud
  • Private cloud
  • Hybrid cloud
By Region
  • North America  (U.S., Canada)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
By Application
  • Connected health
  • Connected logistics
  • Smart utilities
  • Smart manufacturing
  • Others
Key Market Players Microsoft Corporation, PTC Incorporation, Telit Communications PLC, BM Corporation, Oracle Corporation, Smith Micro Software, Inc., Advantech Co. Ltd., Aeris, Zentri

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