|01-31-2018 12:33 PM CET - Advertising, Media Consulting, Marketing Research||
IoT Device Management Market to witness astonishing growth of 31.4%
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
HTF Market Report released a new research document of 155 pages on industry titled as 'IoT Device Management - Global Market Outlook (2017-2023)’ with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe, Middle East, China, India, Southeast Asia and important players/vendors such as Enhanced, Telecommunications Inc., Aeris, Telit Communications PLC The report will help you gain market insights, future trends and growth prospects for forecast period of 2017-23
According to Stratistics MRC, 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.
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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.
Some of the key players in global 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.
• Connected Health
• Connected Logistics
• Smart Home
• Smart Manufacturing
• Smart Retail
• Smart Transportation
• Smart Utilities
• Other Applications
• Professional Services
o Consulting Services
o Integration Services
o Support and Maintenance
• Managed Services
Deployment Models Covered:
• Hybrid Cloud
• Private Cloud
• Public Cloud
• Data Management
• Network Bandwidth Management
• Real-Time Streaming Analytics
• Remote Monitoring
• Security Solutions
Organization Sizes Covered:
• Small and Medium-Sized Enterprises
• Large Enterprises
North America, Europe, Middle East, China, India, Southeast Asia
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
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2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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