Global Internet of Things (IoT) Device Management Industry

Global Internet of Things (IoT) Device Management Industry

  • April 2021 •
  • 140 pages •
  • Report ID: 6031953 •
  • Format: PDF
Abstract:
- Global Internet of Things (IoT) Device Management Market to Reach $7.8 Billion by 2027
- Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Device Management estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$7.8 Billion by 2027, growing at aCAGR of 26.8% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 26.5% CAGR and reach US$5.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 27.5% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $440.7 Million, While China is Forecast to Grow at 26.1% CAGR
- The Internet of Things (IoT) Device Management market in the U.S. is estimated at US$440.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 26.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.1% and 23% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 18.9% CAGR.

- Select Competitors (Total 36 Featured) -
  • Advantech Co, Ltd.
  • Aeris Communications, Inc.
  • Bosch Software Innovations GmbH
  • Cumulocity GmBH
  • Einfochips
  • Enhanced Telecommunications Inc.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Particle
  • PTC Inc.
  • SAP SE
  • Smith Micro Software, Inc.
  • Wind River Systems
  • Xively