IoT device management is the process of monitoring, configuring, authenticating, provisioning, and maintaining the device firmware and software that provides its functional capabilities. Rapid digitalization and increasing automation in the industries are driving the growth of the IoT device management market. Moreover, increasing the need for smart and connected devices in industries to increase productivity, reduce the operational cost, and eliminating manual work are propelling the growth of the IoT device management market.
Growing penetration of communication and networking technologies and the rising need for real-time analytics, connected assets, and security of machines are some factors that boost the growth IoT device management market. However, security concern and a growing incidence of cybercrime is a key hindering factor for the growth of the IoT device management market. Furthermore, increasing trend of IoT solution in supply chain and manufacturing procedures are expected to boom the growth of the IoT device management market.
The "Global IoT Device Management Market Analysis to 2028" is a specialized and in-depth study of the IoT device management industry with a special focus on the global market trend analysis. The report aims to provide an overview IoT device management market with detailed market segmentation component, deployment model, enterprise size, application, and geography. The global IoT device management market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IoT device management market players and offers key trends and opportunities in the IoT device management market.
The global IoT device management market is segmented on the basis of component, deployment model, enterprise size, application. On the basis of component the market is segmented as solution, services. On the basis of deployment model the market is segmented as public cloud, private cloud, hybrid cloud. On the basis of enterprise size the market is segmented as small and medium-size enterprises, large enterprises. On the basis of application the market is segmented as smart retail, connected health, connected logistics, smart utilities, smart manufacturing, others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT device management market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT device management market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting IoT device management market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the IoT device management market in these regions.
Get more information on this report :
The reports cover key developments in the IoT device management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from IoT device management market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT device management in the global market. Below mentioned is the list of few companies engaged in the IoT device management market.
The report also includes the profiles of key IoT device management companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Advantech Co., Ltd.
Amazon Web Services, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Get more information on this report :
The List of Companies
1. Advantech Co., Ltd.
3. Amazon Web Services, Inc.
4. Cumulocity GmbH
5. IBM Corporation
6. Microsoft Corporation
8. PTC Inc.
10. VMware, Inc.