IoT Device Management Market Outlook and Forecasts 2022 – 2030
The IoT device management market encompasses connected device provisioning, administration, monitoring, and diagnostics important for trouble replication and corrective measures. The overall IoT device management market is driven by a few key factors including:
IoT Devices: Overall growth of IoT networks and systems dramatically expanding the scope of devices by volume, type, purpose, role and importance. The IoT device management market must evolve to meet the ever-expanding scale and scope of consumer, enterprise, industrial, and government solutions and systems.
IoT Security: Growing concerns over network security facilitating the need for device interaction, both for traditional signature-based software as well as AI-based protection of devices, data, and systems. Security goes beyond access (to device, network/system, etc.) and includes data security/privacy as well as securing proper decisions (e.g. ensuring that autonomous processes are carried forth in a manner that is not detrimental).
IoT Device Monitoring and Maintenance: There is a growing need to monitor the health (on/off condition, power, connectivity, etc.) of IoT devices, particularly those in mission critical roles. With increasingly interconnected networks, and interdependent devices, many devices may be involved in high-priority processes.
Edge Computing in IoT Networks: With many computational processes moving to the edge of networks, there are special IoT device management needs in terms of data management, security, monitoring. The deployment of 5G networks and its support for massive IoT, coupled with Multi-access Edge Computing (MEC) accelerates the need for IoT device management at the edge of cellular networks in particular.
This IoT Device Management market report assesses requirements and functionality as well as leading companies and solutions. The report also evaluates market opportunities and challenges for IoT Device Management solutions across various industry verticals.
The report includes forecasting for global and regional markets as well as potential across deployment types and sectors including automotive, manufacturing, smart cities, and more. All major IoT device management market sectors are considered including Consumer, Enterprise, Industrial, and Government.
Select Report Findings:
The IoT Device Management Solution Market is expected to grow at 26.5% CAGR through 2030
Integrated platforms will lead consumer IoT device management, exceeding $2.4B by 2030
Managing medical device security and privacy is a major concern and opportunity for the healthcare vertical
With major initiatives underway for cybersecurity, the government segment will lead IoT device management
Device Installation and Configuration will lead the industrial IoT device management segment at $1.02B by 2030
Companies in Report:
42Gears Mobility Systems Pvt Ltd.
ACCENTURE
Advantech
Aeris
Allegro Software Development Corporation
Amazon
Amplía Soluciones S.L.
ARM Ltd.
AT&T
Barbara IoT
Blackberry Ltd.
Bosch.IO GmbH
Capgemini
Cisco Systems
Citrix Systems
Codit
Cognizant
Devicepilot
DXC Technology
Ericsson
ETI Software Solutions (Enhanced Telecommunications)
ExterNetworks Inc.
Google (Xively)
HARMAN International
HCL Technologies
Huawei Technologies
IBM
Infosys Limited
Ivanti (MobileIron)
JAMF
Matrix42 AG
Microsoft
Mindtree
ORBCOMM
Particle Industries Inc.
PTC
Rackspace Technology
Relayr (Proximetry)
Silicon Labs (Zentri)
SiteWhere LLC.
SmithMicro Software
Sophos Ltd.
SOTI Inc.
Telit
Tibbo Technology
VMware
Wind River Systems
WSO2 LLC
Zoho Corporation Pvt. Ltd.
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