IoT Connectivity Management Platform Market Expected to Achieve 20.8% CAGR by 2029: Growth Forecast Insights

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

IoT Connectivity Management Platform Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for the IoT connectivity management platform has experienced quick expansion in the past years. It will escalate from $8.88 billion in 2024 to $10.24 billion in 2025, with a compound annual growth rate (CAGR) of 15.4%. The growth during the historical period can be ascribed to the increased proliferation of IoT devices, worldwide enlarging IoT deployments, evolving network standards, escalating complexity of IoT ecosystems, security issues, and the need for cost-efficiency.

IoT Connectivity Management Platform Market Size Forecast: What's the Projected Valuation by 2029?
The market size for the IoT connectivity management platform is predicted to witness a significant surge in the coming years. It is projected to reach $21.79 billion in 2029 with a compound annual growth rate (CAGR) of 20.8%. Factors such as the adoption and integration of 5G, edge computing integration, diverse connectivity protocols, and focus on power-efficient IoT devices are anticipated to drive growth during the forecast period. Major trends for this period include cross-industry cooperation, the changing regulatory landscape, management and lifecycle support for IoT devices, as well as monetization and billing solutions.

View the full report here:
https://www.thebusinessresearchcompany.com/report/iot-connectivity-management-platform-global-market-report

What Are the Drivers Transforming the IoT Connectivity Management Platform Market?
The accelerated use of IoT devices is a crucial factor in the expansion of the IoT connectivity management platform market. Various IoT devices are linked through an IoT connectivity management platform within an enterprise for efficient data management, transmission, communication, and seamless interaction of multiple devices within a single network frame for the successful completion of diverse business operations. The Platform provides swift network supervision, trouble resolution, application management, and reduction of security risks, among other services, to the connected IoT devices. Forbes, a reputable business magazine based in the US, estimated that by 2023, the worldwide count of cellular IoT devices would reach 3.5 billion. As such, the proliferating usage of IoT devices is considerably boosting the growth of the IoT connectivity management market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7253&type=smp

What Long-Term Trends Will Define the Future of the IoT Connectivity Management Platform Market?
Leading organizations in the IoT connectivity management platform landscape are concentrating their efforts on creating groundbreaking IoT connectivity management technologies like next-generation IoT connectivity management platforms. They are doing this in a bid to bolster surveillance capabilities and augment their profit margins in the market. A cutting-edge interface engineered for overseeing and managing IoT devices as well as network connections, a next-gen IoT Connectivity Management Platform exemplifies this innovation. In an exemplary case, TEAL, a US company specializing in eSIM technology, launched its next-gen IoT Connectivity Management Platform called Aurora in December 2023. Aurora provides an extensive range of features, which includes a network app marketplace inclusive of over 3,500 global data networks. Users can effortlessly incorporate new networks, alternate between existing ones, keep tabs on data use, and monitor device status. It also integrates important features such as eUICC health data and deeper SMSR data integration, offering visibility and control over eSIM functionalities in operation. It empowers remote monitoring of TEAL eSIM network use and operational status on a global scale, thus optimizing the deployment and administration of devices.

Which Segments in the IoT Connectivity Management Platform Market Offer the Most Profit Potential?
The IoT connectivity management platform market covered in this report is segmented -

1) By Product Type: Cellular, Non-Cellular
2) By Component: Solution, Services
3) By Deployment Type: Cloud, On-Premises
4) By Enterprise Size: Small And Medium-sized Enterprises (SMEs), Large Enterprises
5) By Application: Automotive, Consumer Electronics, Retail, Energy And Utilities, Finance And Banking, Healthcare, Manufacturing, Other Applications

Subsegments:
1) By Cellular: 2G Or 3G Or 4G Or 5G Connectivity, Narrowband IoT (NB-IoT), Long-Term Evolution For Machines (LTE-M)
2) By Non-Cellular: Wi-Fi, Bluetooth, LoRaWAN (Long Range Wide Area Network), Zigbee, Satellite Connectivity

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7253&type=smp

Which Firms Dominate the IoT Connectivity Management Platform Market by Market Share and Revenue in 2025?
Major companies operating in the IoT connectivity management platform market include Google LLC, Microsoft Corporation, Huawei Technologies Co Ltd., Amazon Web Services Inc., China Telecom Corporation Limited, International Business Machines Corporation, China Unicom (Hong Kong) Limited, Cisco Systems Inc., Oracle Corporation, SAP SE, Hewlett Packard Enterprise Development LP, Telefonaktiebolaget LM Ericsson, Nokia Corporation, ZTE Corporation, Swisscom AG, Proximus Group SA, Vodafone Idea Limited, Tata Communications Limited, PTC Inc., Software AG, Comarch SA, KORE Group Holdings Inc., Aeris Communications Inc., Emnify Ltd., Truphone Limited, Sierra Wireless Inc.

Which Regions Offer the Highest Growth Potential in the IoT Connectivity Management Platform Market?
Asia-Pacific was the largest region in the IoT connectivity management platform market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IoT connectivity management platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7253

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.