The public cloud deployment model is most widely utilized by enterprises, owing to a large number
of advantages, such as cost efficiency, scalability, and security. The public cloud provides an
extensibility model that enables developers to build robust device management solutions. It also
enables secure communication, extensive monitoring and access control using per-device security
keys, and also provides device-to-cloud and cloud-to-device communication options.
North America is estimated to have the largest market size and Asia Pacific (APAC) is projected to
grow at the highest rate during the forecast period
North America is expected to hold the largest market share during the forecast period. North America
presently contributes the maximum to the global IoT device management market, mainly due to the
vast utilization of IoT device management services in various fields in this region. The region has
witnessed the heavy adoption of latest networking technologies, such as ANT+, ZigBee, z-Wave,
LTE-advanced, and Wi-Fi. Furthermore, the rise in use of IoT devices in various application areas is
one of the important factors for the growth of IoT device management solutions and services in the
North American region.
The APAC region is expected to witness a significant growth and estimated to be the fastest-growing
region in the IoT device management market. This region has a competitive advantage over other
regions with many players providing local cost-effective solutions, the easy availability of trained
labors, and flexible regulations and policies. In addition, the countries in APAC are taking aggressive
initiatives to upsurge the IoT infrastructure, enabling commercial users to adopt the cutting-edge
technology. Government initiatives in the APAC region has started to boost the mobile internet,
cloud computing, big data, and the IoT adoption, to encourage the healthy development of
eCommerce, industrial networks, and internet banking, and to help internet companies increase their
global presence.
In the process of determining and verifying the market size for several segments and subsegments
gathered through secondary research, extensive primary interviews were conducted with key people.
The break-up of profile of primary participants is as follows:
• By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30%
• By Designation: C level – 72%, Director level – 14%, and Others – 14%
• By Region: North America – 57%, Europe – 14%, and APAC – 29%
The IoT device management ecosystem comprises major vendors, such as Microsoft Corporation
(US), PTC Incorporation (US), Telit Communications PLC (UK), IBM Corporation (US), Oracle
Corporation (US), Smith Micro Software, Inc. (US), Advantech Co. Ltd. (China), Aeris (U.S.), and
Zentri (US).
Research Coverage
The report includes in-depth competitive analysis of these key players in the IoT device management
market, with their company profiles, recent developments, and key market strategies. The research