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
No of Pages – 163
Publishing Date - May 12, 2017
Browse detailed TOC, Tables, Figures, Charts in 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 at - https://www.absolutereports.com/10797559
The Internet of Things (IoT) device management market is expected to grow at a Compound Annual
Growth Rate (CAGR) of 29.8% from 2017 to 2022, owing to the critical need for converged device
management platforms
The IoT device management market size is expected to grow from USD 693.4 million in 2017 to
USD 2,559.6 million by 2022, at a CAGR of 29.8% from 2017 to 2022. The growing penetration of
heterogeneous smart devices and IoT sensors, mandates the critical need for reliable IoT device
management platforms or solutions for device remote activation and provisioning, configuration and
control, and its management. Converged device management platform offers a single platform to
manage devices across multitude of domains and protocols for communication. IoT devices include
heterogeneous stand-alone internet connected devices that need to be monitored and controlled from
a remote location. As a result, this drives the need for reliable IoT device management platforms and
solutions for properly monitoring and managing these smart devices.
Integration services among the professional services segment is expected to gain maximum traction
during the forecast period
Installation and integration services are considered very important, as a typical IoT ecosystem
consists of thousands of IoT devices and are connected through complex wireless network, such as
ZigBee, z-Wave, LTE-advanced, and Wi-Fi direct. Integration service providers help enterprises and
business customers to develop a connected environment by integrating IoT devices and solutions
with the business processes.
Public cloud deployment model is estimated to have the largest market size in IoT device
management market during the forecast period