North America IoT Device Management Market Size, Share & Industry Trends Analysis Report By Component, By Vertical, By Organization Size (Large Enterprises and Small & Medium Enterprises), By Country and Growth Forecast, 2022 – 2028

North America IoT Device Management Market Size, Share & Industry Trends Analysis Report By Component, By Vertical, By Organization Size (Large Enterprises and Small & Medium Enterprises), By Country and Growth Forecast, 2022 – 2028

The North America IoT Device Management Market would witness market growth of 31.3% CAGR during the forecast period (2022-2028).

Manual device management becomes extremely hard, susceptible to human mistakes, and often impossible as the number of devices grows fast. Imagine having to examine hundreds of gadgets making sure that it is functioning properly – not a simple task. This necessitates IoT management (IoTM) solutions that ease and automate Internet of Things management. A device management platform can link to a device, retrieve information about its status, and, in some situations, change its status. These solutions are frequently delivered as a platform or software as a service.

Overall dispersed IoT devices are typically handled by a public-facing cloud solution, whereas industrial devices are more likely to link to local platforms, which have more stringent security needs. IoT management platforms can do everything from enabling services and devices to exchange messages to completing complicated operations like software updates or modifying machine learning models on specific devices.

The monitoring of the linked devices is just the start. The management solution must evolve and expand in tandem with the network of things. The variety and diversity of IoT devices are growing at an exponential rate. This necessitates the development of modern systems that could not only list but also manage and leverage a fleet of devices. In the IoT life cycle, management solutions become increasingly more integrated. It enables developers to deliver new features at the touch of a button and powerfully automated operations. New obstacles arise as the number of features and complexity increases. The importance of security, performance and long-term maintainability would grow.

The increased adoption of new technologies, rising cyber-attacks, and an expanding amount of connected devices in the region are all driving the IoT Device Management market in the region. Many factories in this region are already equipped with contemporary machines and technology, making the transition to smart manufacturing much easier for businesses than remaining with traditional methods. As per BBVA Group, IoT and smart devices are already increasing the performance indicators of big US-based enterprises, covering regular management difficulties and increasing productivity by 40-60%.

The US market dominated the North America IoT Device Management Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,808.5 million by 2028. The Canada market is estimated to grow at a CAGR of 34.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 33.1% during (2022 - 2028).

Based on Component, the market is segmented into Solution (Device Management, Real-Time Streaming Analytics, Remote Monitoring, Security Solutions, and Network Bandwidth Management) and Services (Professional and Managed). Based on Vertical, the market is segmented into Manufacturing, Transportation & Logistics, Healthcare, Retail, Utilities, and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Oracle Corporation, Bosch.IO GmbH (Robert Bosch GmbH), Telit corporate group (DBAY Advisors Limited), Smith Micro Software, Inc., Aeris Communications, Inc., Silicon Laboratories, Inc., Advantech Co., Ltd., and PTC, Inc.

Scope of the Study

Market Segments covered in the Report:

By Component

  • Solution
  • Device Management
  • Real-Time Streaming Analytics
  • Remote Monitoring
  • Security Solutions
  • Network Bandwidth Management
  • Services
  • Professional
  • Managed
By Vertical
  • Manufacturing
  • Transportation & Logistics
  • Healthcare
  • Retail
  • Utilities
  • Others
By Organization Size
  • Large Enterprises
  • Small & Medium Enterprises
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Bosch.IO GmbH (Robert Bosch GmbH)
  • Telit corporate group (DBAY Advisors Limited)
  • Smith Micro Software, Inc.
  • Aeris Communications, Inc.
  • Silicon Laboratories, Inc.
  • Advantech Co., Ltd.
  • PTC, Inc.
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America IoT Device Management Market, by Component
1.4.2 North America IoT Device Management Market, by Vertical
1.4.3 North America IoT Device Management Market, by Organization Size
1.4.4 North America IoT Device Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Business Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Apr – 2021, Aug) Leading Players
Chapter 4. North America IoT Device Management Market by Component
4.1 North America Solution Market by Country
4.2 North America IoT Device Management Market by Solution Type
4.2.1 North America Device Management Market by Country
4.2.2 North America Real-Time Streaming Analytics Market by Country
4.2.3 North America Remote Monitoring Market by Country
4.2.4 North America Security Solutions Market by Country
4.2.5 North America Network Bandwidth Management Market by Country
4.3 North America Services Market by Country
4.4 North America IoT Device Management Market by Services Type
4.4.1 North America Professional Market by Country
4.4.2 North America Managed Market by Country
Chapter 5. North America IoT Device Management Market by Vertical
5.1 North America Manufacturing Market by Country
5.2 North America Transportation & Logistics Market by Country
5.3 North America Healthcare Market by Country
5.4 North America Retail Market by Country
5.5 North America Utilities Market by Country
5.6 North America Other Vertical Market by Country
Chapter 6. North America IoT Device Management Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium Enterprises Market by Country
Chapter 7. North America IoT Device Management Market by Country
7.1 US IoT Device Management Market
7.1.1 US IoT Device Management Market by Component
7.1.1.1 US IoT Device Management Market by Solution Type
7.1.1.2 US IoT Device Management Market by Services Type
7.1.2 US IoT Device Management Market by Vertical
7.1.3 US IoT Device Management Market by Organization Size
7.2 Canada IoT Device Management Market
7.2.1 Canada IoT Device Management Market by Component
7.2.1.1 Canada IoT Device Management Market by Solution Type
7.2.1.2 Canada IoT Device Management Market by Services Type
7.2.2 Canada IoT Device Management Market by Vertical
7.2.3 Canada IoT Device Management Market by Organization Size
7.3 Mexico IoT Device Management Market
7.3.1 Mexico IoT Device Management Market by Component
7.3.1.1 Mexico IoT Device Management Market by Solution Type
7.3.1.2 Mexico IoT Device Management Market by Services Type
7.3.2 Mexico IoT Device Management Market by Vertical
7.3.3 Mexico IoT Device Management Market by Organization Size
7.4 Rest of North America IoT Device Management Market
7.4.1 Rest of North America IoT Device Management Market by Component
7.4.1.1 Rest of North America IoT Device Management Market by Solution Type
7.4.1.2 Rest of North America IoT Device Management Market by Services Type
7.4.2 Rest of North America IoT Device Management Market by Vertical
7.4.3 Rest of North America IoT Device Management Market by Organization Size
Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent Strategies and Developments
8.1.5.1 Partnerships, Collaborations, and Agreement:
8.1.5.2 Acquisitions and Mergers:
8.2 Microsoft Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent Strategies and Developments
8.2.5.1 Partnerships, Collaborations and Agreement:
8.2.5.2 Acquisitions and Mergers:
8.3 Oracle Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent Strategies and Developments
8.3.5.1 Product Launches and Product Expansions:
8.4 Bosch.IO GmbH (Robert Bosch GmbH)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.5 Telit corporate group (DBAY Advisors Limited)
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 Smith Micro Software, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.7 Aeris Communications, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 Silicon Laboratories, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.5.3 Acquisition and Mergers:
8.8.5.4 Expansions:
8.9 Advantech Co., Ltd.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.10. PTC, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:

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