IoT Device Management Market Detail Analysis focusing on Key Players like VMware, Inc., Smith Micro Software, Inc., Oracle, Telit, Amazon Web Services, IBM, Inc., and Microsoft

MarketStudyReport.com offers 2018 report on global IoT Device Management market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.

IoT device management market has garnered extensive impetus over the recent years attributed to the increasing demand for technologically advanced infrastructure management solutions that alleviate an organization’s manual intricacies. The complexities involved in manual device management are realized at the global level and have potentially led organizations towards IoT device management for handling multiple networks and devices. Not to mention, widely used components like routers, modems, and sensors are prone to atrocious cyber-attacks, which further fuels IoT device management market owing to data security concerns and the need for extending device capabilities.

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One of the classic examples of an IoT device management solution that is certainly worth mentioning is Mbed Cloud, introduced by Arm Limited, which is fully scalable and supports efficient data transfer, end-to-end safety, flexibility in identity provision, and easy integration. With more such advanced technological devices becoming prevalent, IoT device management market is poised to witness a slew of growth opportunities across the globe.

The private cloud segment is holding the maximum share of the IoT device management market and is anticipated to depict robust growth in the future. Accredited to reduced IoT implementation cost compared to the private options, benefits like easy installation, low maintenance, and huge economies of scale, the public cloud segment is also expected to witness steady growth in IoT device management market. Owing to its ability to ensure optimized production, IoT device management market from smart manufacturing end-use section has nurtured high growth lately and is expected to grow at an appreciable rate in terms of demand in the years to come.

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In terms of geographical hierarchy, U.S. leads the IoT device management market. The high demand is majorly accredited to the early adoption of advanced IoT technologies, exponentially surging IoT sector, and high investment power of the chief players to protect and suitably manage their IoT & cloud computing networks. China and India are slated to be the major revenue pockets for the Asia IoT device management market growth, owing to massive industrialization and growth of IT businesses.

Speaking of the competitive landscape of the IoT device management market, the key players include VMware, Inc., Smith Micro Software, Inc., Oracle, Telit, Amazon Web Services, IBM, Inc., and Microsoft. These players have adopted strategies like innovation, new product development, M&As, collaboration, and partnership. For instance, Amazon Web Services Inc., boasting of a robust presence in this business space coupled with massive market share, launched the AWS IoT Device Management in 2017, which enables customers to securely onboard, track, organize, and manage assorted IoT devices.

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Related Report:

2018-2023 Global IoT Device Management Market Report (Status and Outlook)

In this report, studies the present scenario (with the base year being 2017) and the growth prospects of global IoT Device Management market for 2018-2023.

https://www.marketstudyreport.com/reports/2018-2023-global-iot-device-management-market-report-status-and-outlook?utm_source=RR-AN

Global IoT Device Management Market Size, Status and Forecast 2025

This report studies the global IoT Device Management market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global IoT Device Management market by companies, region, type and end-use industry.

https://www.marketstudyreport.com/reports/global-iot-device-management-market-size-status-and-forecast-2025?utm_source=RR-AN

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