The Internet of Things (IoT) device management market Trends and Growth

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MarketsandMarkets Presents
IoT Device Management Market Expected To Grow
2,559.6 Million USD by 2022 . http//www.marketsan
dmarkets.com/Market-Reports/iot-device-management-
market-210200083.html
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The report IoT Device Management Market by
Solution (Real-Time Streaming Analysis, Security
Solutions, Data Management, Remote Monitoring,
Network Bandwidth Management), Service,
Application Area, Deployment Model, and
Organization Size - Global Forecast to 2022",
Internet of Things (IoT) Device Management Market
- Global Forecast to 2022, the market is expected
to grow from USD 693.4 Million in 2017 to USD
2,559.6 Million by 2022, at a Compound Annual
Growth Rate (CAGR) of 29.8.     

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Browse 70 market data tables and 64 figures
spread through 161 pages and in-depth TOC on "IoT
Device Management Market by Solution (Real-Time
Streaming Analysis, Security Solutions, Data
Management, Remote Monitoring, Network Bandwidth
Management), Service, Application Area,
Deployment Model, and Organization Size - Global
Forecast to 2022 http//www.marketsandmarkets.co
m/Market-Reports/iot-device-management-market-2102
00083.html Early buyers will receive 10
customization on this report.
 
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IoT Device Management Market  - By
Application Area

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This report covers major IoT device management
solutions, such as data management, real-time
streaming analytics, security solution, remote
monitoring, and network bandwidth management,
along with the market trends between 2017 and
2022. The growing proliferation of connected
devices and advent of intelligent sensors are
driving the growth of the global IoT device
management market. The critical need for
converged device management platform is also a
major driving factor for IoT device management
market. Data management is expected to hold the
largest market share in the IoT device management
market Data management is one of the most
essential requirements of an organization that is
deploying IoT technology. The connected devices,
such as sensors, tags, and actuators, generate
and transmit large amounts of data every day. The
traditional data management techniques are
inadequate to store, analyze, and retrieve this
data. Thus, data management for IoT is gaining a
huge traction and is expected to hold the largest
market share during the forecast period.
 
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IoT Device Management Market  -
By Solution

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Smart manufacturing is expected to dominate in
the application areas during the forecast
period IoT plays a key role in the manufacturing
application with the help of identification
technologies. With the connection of objects or
things with Information Technology (IT) or IoT,
either through embedded smart devices or by using
unique detectors and data carriers that can
communicate with an intelligent supporting
network infrastructure and information systems,
production processes can be optimized and the
entire lifecycle of objects from production to
dumping can be monitored. By tagging items and
containers, a greater transparency can be
obtained on the status of the shop floor, the
location and disposition of materials, and the
status of production machines.
 
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To know about the assumptions considered for the
study, download the pdf brochure
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North America is expected to hold the largest
market share in the IoT device management
market As per the geographic analysis, North
America is the largest region in the IoT device
management market. Countries, such as the US and
Canada are the major growth drivers of the
region. The strong financial position of North
America allows these countries to invest heavily
in leading IoT-enabled devices and
solutions/services. The major vendors covered in
the IoT device management market include
Microsoft Corporation (US), IBM Corporation (US),
Oracle Corporation (US), PTC Inc. (US), ARM Ltd.
(UK), Aeris (US), Smith Micro Software (US),
Tibbo Systems (Taiwan), DevicePilot (UK), Xively
(US), Zentri (US), Cumulocity GmBH (Germany),
Proximetry (US), Einfochips (US), Wind River
Systems Inc. (US), and Capricode (Finland).
 
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