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IoT Device Management Market: Global Industry is Expected Grow at a CAGR of 31.4% Forecast 2023 – Top Key Players Enhanced, Telecommunications Inc., Aeris, and Telit Communications PLC

06-28-2018 11:01 AM CET | IT, New Media & Software

Press release from: Research for Markets

/ PR Agency: Research for Markets
IoT Device Management Market

IoT Device Management Market

The Global IoT Device Management market is expected to grow from $461.24 million in 2016 to reach $3,125.68 million by 2023 with a CAGR of 31.4%.

Some of the factors propelling the market growth include growing acceptance of device and vendor agnostic platforms, rising demand for converged device management platform and expansion of intelligent connected devices. However, privacy issues and lack of uniform IoT standards required for interoperability are restricting the market.

Some of the key players of the IoT Device Management market include:
Enhanced, Telecommunications Inc., Aeris, Telit Communications PLC, Advantech Co., Ltd., Oracle Corporation, Amplia Soluciones S.L., Xively, Cumulocity GmbH, Microsoft Corporation, Zentri, International Business Machines Corporation, Smith Micro Software, Inc., PTC Incorporation and Wind River.

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The demand for IoT devices have acquired largest market share in small and medium-sized enterprises as these devices helps in making efficient decisions in business areas. By deployment model, public cloud is leading the market with the highest CAGR and the growth can be attributed as many enterprises are adopting public cloud system which reduces the cost of data storage. Based on services, integration services is one of the fastest growing segments due to the rising number of protocols and connectivity technologies.

North America is dominating the global market due to government’s support in implementing new technologies in IoT security and analytics. Asia Pacific is the fastest growing region and the growth in this region can be mainly attributed to rising investments of governments in IoT initiatives.

Furthermore, consumption market share for each application is offered in the research for 2017 in a tabular format. Regional analysis is discussed in terms of current market status and growth prospects for the period, 2012–2023. Geographies analyzed in the study are North America, Europe, Asia Pacific, South America and Middle East & Africa. Statistics on revenue and growth rate for each region are mentioned with the help of figures for the historic period and the forecast period.

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Applications Covered:
• Connected Health
• Connected Logistics
• Smart Home
• Smart Manufacturing

Services Covered:
• Professional Services
• Managed Services

Deployment Models Covered:
• Hybrid Cloud
• Private Cloud
• Public Cloud

Solutions Covered:
• Data Management
• Network Bandwidth Management
• Real-Time Streaming Analytics
• Remote Monitoring
• Security Solutions

Organization Sizes Covered:
• Small and Medium-Sized Enterprises
• Large Enterprises

Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global IoT Device Management Market, By Application

6 Global IoT Device Management Market, By Service

7 Global IoT Device Management Market, By Deployment Model

8 Global IoT Device Management Market, By Solution

9 Global IoT Device Management Market, By Organization Size

10 Global IoT Device Management Market, By Geography

11 Key Developments

12 Company Profiling

12.1 Enhanced Telecommunications Inc.

12.2 Aeris

12.3 Telit Communications PLC

12.4 Advantech Co., Ltd.

12.5 Oracle Corporation

12.6 Amplia Soluciones S.L.

12.7 Xively

12.8 Cumulocity GmbH

12.9 Microsoft Corporation

12.10 Zentri

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About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
Our purpose is to serve you, the most customized in-depth Market access data. Our plethora of titles made us one of the most searched market research library across the globe. We work with the most esteemed Publishers around the globe who caters vast industries. We are quick and fragile, when it comes to your various queries, and we ensure our team caters your needs to the best of our abilities, we promise to stay by your side for both pre and post sales servicing, as we believe in long everlasting symbiotic relationship.

Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com

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