The IoT Device Management

Internet of Things (IoT) is a web of devices, vehicles, home appliances and other items installed with software, sensors, electronics and connectivity which facilitate access to objects for connecting and transferring information or data. IoT device management is the process of provision, authentication, configuration, monitor and maintenance of device firmware and software. The IoT device management market is expanding owing to rising concerns over network security enabling the requirement for device connection, both for conventional signature-based software as well as AI-based protection of devices, data and systems. These markets are highly used in the Retail, Transportation & Logistics, Healthcare, Utilities, Manufacturing, among various others. The usage of 5G networks and its support for extensive IoT, connected with Multi-access Edge Computing (MEC), will boost the requirement for IoT device management at the edge of cellular networks in particular. The IoT device management market must develop to fulfill the ever-rising scale and scope of enterprise, consumer, industrial and government solutions and systems. The surging demand for technologically advanced IoT and the rising growth in the educational sector, coupled with rising economies, are leading the growth in the internet of things market. In addition to this, the penetration of networking and communication technologies and the requirement for connected assets, real-time analytics and security of machines have resulted in the selection of IoT device management. On the other hand, the factors such as sluggish digitalization, dearth of common standards, coupled with privacy concerns, are impacting the IoT device management market negatively.

In addition, the industry 4.0 is changing industries, from having legacy systems to smart components and smart machines, to allow digital factories and the development of an ecosystem of linked enterprises and plants. Industry 4.0 has provoked OEMs to deploy IoT devices across their operations. Estimating the rising adoption of IoT devices and digital transformation across industry verticals, the European Commission declared that the value of IoT in Europe itself is projected to exceed EUR 1 trillion in 2020, therefore promoting the market to prosper.

The global IoT Device Management Market is segregated on the basis of component as Solution and Services. Based on Solution the global IoT Device Management Market is segmented in Real-Time Streaming Analytics, Security Solutions, Data Management, Remote Monitoring and Network Bandwidth Management. Based on Service the global IoT Device Management Market is segmented in Professional and Managed. Based on Organization Size the global IoT Device Management Market is segmented in SMEs and Large Enterprise. Based on Vertical the global IoT Device Management Market is segmented in Retail, Healthcare, Transportation & Logistics, Utilities, Manufacturing and Others.

The global IoT Device Management Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The IoT Device Management Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Microsoft Corporation, PTC Incorporation, Telit Communications PLC, IBM Corporation, Oracle Corporation and others are among the major players in the global IoT Device Management Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In March 2020, Azure IoT from Microsoft lunched seamless integration with Cisco IoT. This collaboration between Cisco and Azure IoT is projected to simplify customer deployments. Customers with this service integration can safely connect their assets and simply ingest and send IoT data to the cloud. Cisco IoT Gateways with this now will be pre-integrated to take benefit of the latest in cloud technology from Azure.
• In Feb 2020, Smith Micro Software, Inc. declared that it acquired the operator business of Circle Media Labs Inc. This newly acquired technology is anticipated to further improve Smith Micro’s SafePath Connected Life Platform, offering a complete connected life experience for Family Location and Parental Controls, IoT and Home under a common experience.
• In Oct 2019, Advantech officially opened its new Japan Service Center situated in Fukuoka Prefecture. The Advantech Japan Service center with it embraced OMRON Nohgata’s quality of excellence, own fully enough extendable size of its warehouse and see production capacity almost tripled supporting Advantech drive regional growth and fulfill customers’ expanding Industry 4.0 requires through “Configured Order to Service (CTOS)”.

The global IoT Device Management Market has been segmented as below:

IoT Device Management Market, By Component

• Solution
• Services

IoT Device Management Market, By Solution

• Real-Time Streaming Analytics
• Security Solutions
• Data Management
• Remote Monitoring
• Network Bandwidth Management

IoT Device Management Market, By Service

• Professional
• Managed

IoT Device Management Market, By Organization Size

• SMEs
• Large Enterprise 

IoT Device Management Market, By Vertical

• Retail
• Healthcare
• Transportation & Logistics
• Utilities
• Manufacturing
• Others

IoT Device Management Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

IoT Device Management Market, By Company

• Microsoft Corporation
• PTC Incorporation
• Telit Communications PLC
• IBM Corporation
• Oracle Corporation
• Smith Micro Software, Inc.
• Advantech Co. Ltd.
• Aeris Communications, LLC
• Zentri Inc.
• Cumulocity GmbH
• Enhanced Telecommunications Inc.
• Amplia Soluciones S.L.
• Proximetry, Inc.
• Bosch Software Innovation GmbH
• Wind River Inc.
• SiteWhere LLC
• Xively (Google Inc)
• VMware Inc.
• Matrix42 AG
• Amazon Web Services, Inc.

The report covers the below scope:

• Global IoT Device Management Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global IoT Device Management Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IoT Device Management Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global IoT Device Management Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT Device Management Market share. Major industry players with significant revenue share include Microsoft Corporation, PTC Incorporation, Telit Communications PLC, IBM Corporation, Oracle Corporation and others.

Why to Buy this Report:

• Gain detailed insights on the IoT Device Management industry trends
• Find complete analysis on the market status
• Identify the IoT Device Management Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     IoT Device Management Market, By Component

5.1.      Key Points

5.2.  Solution

5.3.  Services

6.    IoT Device Management Market, By Solution

6.1.      Key Points

6.2. Real-Time Streaming Analytics

6.3. Security Solutions

6.4. Data Management

6.5.  Remote Monitoring

6.6. Network Bandwidth Management

7.     IoT Device Management Market, By Service

7.1.      Key Points

7.2.  Professional

7.3.  Managed

8.    IoT Device Management Market, By Organization Size

8.1.      Key Points

8.2. SMEs

8.3. Large Enterprise

9.    IoT Device Management Market, By Vertical

9.1.      Key Points

9.2. Retail

9.3. Healthcare

9.4. Transportation & Logistics

9.5.  Utilities

9.6. Manufacturing

9.7.  Others

10.            Competitive Landscape

10.1.  Introduction

10.2. Start-up companies- IoT Device Management Market

10.3. Recent Developments

10.3.1.  Mergers & Acquisitions

10.3.2. New Product Developments

10.3.3. Portfolio/Production Capacity Expansions

10.3.4.Joint Ventures, Collaborations, Partnerships & Agreements

10.3.5. Others

11.  Company Profile

11.1.  Microsoft Corporation

11.2. PTC Incorporation

11.3. Telit Communications PLC

11.4. IBM Corporation

11.5. Oracle Corporation

11.6. Smith Micro Software, Inc.

11.7.  Advantech Co. Ltd.

11.8. Aeris Communications, LLC

11.9. Zentri Inc.

11.10.  Cumulocity GmbH

11.11.   Enhanced Telecommunications Inc.

11.12.  Amplia Soluciones S.L.

11.13.  Proximetry, Inc.

11.14.  Bosch Software Innovation GmbH

11.15.  Wind River Inc.

11.16.  SiteWhere LLC

11.17.   Xively (Google Inc)

11.18.  VMware Inc.

11.19.  Matrix42 AG

11.20. Amazon Web Services, Inc.