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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
IoT Device Management Market Competitive Landscape
Robert Bosch GmbH is one of the most renowned IoT solution providers in the world. The company operates from Germany and deals with products such as auto spare parts, mobility, home appliances, and industrial products, as well as business process outsourcing, drive and control technology, energy, and building solutions. The company employs its expertise in providing innovative IoT solutions, software, sensor technology, and services to its customers from various sectors.
Microsoft Corporation is among the leading technology and software development companies in the world. The company has been active in the field since 1975 and has built its reputation as one of the most popular operating systems in the world, Windows. The company is also a leading figure in the gaming sector, providing video games and the XBOX gaming console.
IBM Corporation is a pioneer in the technological field of the IoT device management industry, known for its expertise in various fields, including hardware, software, cloud computing services, and consulting services. The company was founded in 1911 and has been responsible for several technological innovations over the years. Notably, it played a significant role in the development of early computers.
Other global market players include Amazon Web Services, Inc., PTC Incorporation, Oracle Corporation, Amplía Soluciones S.L., Advantech Co., Ltd., Telit IoT Platforms, LLC, and Smith Micro Software, Inc., among others.
IoT Device Management Market Report Snapshots
IoT Device Management Market Size
IoT Device Management Market Growth
IoT Device Management Market Trends
IoT Device Management Market Share
IoT Device Management Companies
IoT Device Management Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 2.95 billion.
The market is projected to grow at a CAGR of 5.0% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 4.58 billion by 2032.
The market is driven by the expanding network of connected devices and the increasing demand for IoT device management due to competition in different sectors around the world.
The growing implementation of edge computing and the widespread adoption of 5G technology are expected to propel the development of the market in the coming years.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different end uses are manufacturing, retail, healthcare, transportation, and utilities, among others.
The key players in the market are Robert Bosch GmbH, Microsoft Corporation, IBM Corporation, Amazon Web Services, Inc., PTC Incorporation, Oracle Corporation, Amplía Soluciones S.L., Advantech Co., Ltd., Telit IoT Platforms, LLC, and Smith Micro Software, Inc., among others.
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