The North America IoT Device Management Market would witness market growth of 31.3% CAGR during the forecast period (2022-2028).
Manual device management becomes extremely hard, susceptible to human mistakes, and often impossible as the number of devices grows fast. Imagine having to examine hundreds of gadgets making sure that it is functioning properly – not a simple task. This necessitates IoT management (IoTM) solutions that ease and automate Internet of Things management. A device management platform can link to a device, retrieve information about its status, and, in some situations, change its status. These solutions are frequently delivered as a platform or software as a service.
Overall dispersed IoT devices are typically handled by a public-facing cloud solution, whereas industrial devices are more likely to link to local platforms, which have more stringent security needs. IoT management platforms can do everything from enabling services and devices to exchange messages to completing complicated operations like software updates or modifying machine learning models on specific devices.
The monitoring of the linked devices is just the start. The management solution must evolve and expand in tandem with the network of things. The variety and diversity of IoT devices are growing at an exponential rate. This necessitates the development of modern systems that could not only list but also manage and leverage a fleet of devices. In the IoT life cycle, management solutions become increasingly more integrated. It enables developers to deliver new features at the touch of a button and powerfully automated operations. New obstacles arise as the number of features and complexity increases. The importance of security, performance and long-term maintainability would grow.
The increased adoption of new technologies, rising cyber-attacks, and an expanding amount of connected devices in the region are all driving the IoT Device Management market in the region. Many factories in this region are already equipped with contemporary machines and technology, making the transition to smart manufacturing much easier for businesses than remaining with traditional methods. As per BBVA Group, IoT and smart devices are already increasing the performance indicators of big US-based enterprises, covering regular management difficulties and increasing productivity by 40-60%.
The US market dominated the North America IoT Device Management Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,808.5 million by 2028. The Canada market is estimated to grow at a CAGR of 34.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 33.1% during (2022 - 2028).
Based on Component, the market is segmented into Solution (Device Management, Real-Time Streaming Analytics, Remote Monitoring, Security Solutions, and Network Bandwidth Management) and Services (Professional and Managed). Based on Vertical, the market is segmented into Manufacturing, Transportation & Logistics, Healthcare, Retail, Utilities, and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global IoT Device Management Market is Estimated to reach $7.3 Billion by 2028, at a CAGR of 32%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Oracle Corporation, Bosch.IO GmbH (Robert Bosch GmbH), Telit corporate group (DBAY Advisors Limited), Smith Micro Software, Inc., Aeris Communications, Inc., Silicon Laboratories, Inc., Advantech Co., Ltd., and PTC, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Device Management
- Real-Time Streaming Analytics
- Remote Monitoring
- Security Solutions
- Network Bandwidth Management
- Services
By Vertical
- Manufacturing
- Transportation & Logistics
- Healthcare
- Retail
- Utilities
- Others
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Bosch.IO GmbH (Robert Bosch GmbH)
- Telit corporate group (DBAY Advisors Limited)
- Smith Micro Software, Inc.
- Aeris Communications, Inc.
- Silicon Laboratories, Inc.
- Advantech Co., Ltd.
- PTC, Inc. (Rockwell Automation, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America IoT Device Management Market, by Component
1.4.2 North America IoT Device Management Market, by Vertical
1.4.3 North America IoT Device Management Market, by Organization Size
1.4.4 North America IoT Device Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Business Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Apr – 2021, Aug) Leading Players
Chapter 4. North America IoT Device Management Market by Component
4.1 North America Solution Market by Country
4.2 North America IoT Device Management Market by Solution Type
4.2.1 North America Device Management Market by Country
4.2.2 North America Real-Time Streaming Analytics Market by Country
4.2.3 North America Remote Monitoring Market by Country
4.2.4 North America Security Solutions Market by Country
4.2.5 North America Network Bandwidth Management Market by Country
4.3 North America Services Market by Country
4.4 North America IoT Device Management Market by Services Type
4.4.1 North America Professional Market by Country
4.4.2 North America Managed Market by Country
Chapter 5. North America IoT Device Management Market by Vertical
5.1 North America Manufacturing Market by Country
5.2 North America Transportation & Logistics Market by Country
5.3 North America Healthcare Market by Country
5.4 North America Retail Market by Country
5.5 North America Utilities Market by Country
5.6 North America Other Vertical Market by Country
Chapter 6. North America IoT Device Management Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium Enterprises Market by Country
Chapter 7. North America IoT Device Management Market by Country
7.1 US IoT Device Management Market
7.1.1 US IoT Device Management Market by Component
7.1.1.1 US IoT Device Management Market by Solution Type
7.1.1.2 US IoT Device Management Market by Services Type
7.1.2 US IoT Device Management Market by Vertical
7.1.3 US IoT Device Management Market by Organization Size
7.2 Canada IoT Device Management Market
7.2.1 Canada IoT Device Management Market by Component
7.2.1.1 Canada IoT Device Management Market by Solution Type
7.2.1.2 Canada IoT Device Management Market by Services Type
7.2.2 Canada IoT Device Management Market by Vertical
7.2.3 Canada IoT Device Management Market by Organization Size
7.3 Mexico IoT Device Management Market
7.3.1 Mexico IoT Device Management Market by Component
7.3.1.1 Mexico IoT Device Management Market by Solution Type
7.3.1.2 Mexico IoT Device Management Market by Services Type
7.3.2 Mexico IoT Device Management Market by Vertical
7.3.3 Mexico IoT Device Management Market by Organization Size
7.4 Rest of North America IoT Device Management Market
7.4.1 Rest of North America IoT Device Management Market by Component
7.4.1.1 Rest of North America IoT Device Management Market by Solution Type
7.4.1.2 Rest of North America IoT Device Management Market by Services Type
7.4.2 Rest of North America IoT Device Management Market by Vertical
7.4.3 Rest of North America IoT Device Management Market by Organization Size
Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent Strategies and Developments
8.1.5.1 Partnerships, Collaborations, and Agreement:
8.1.5.2 Acquisitions and Mergers:
8.2 Microsoft Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent Strategies and Developments
8.2.5.1 Partnerships, Collaborations and Agreement:
8.2.5.2 Acquisitions and Mergers:
8.3 Oracle Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent Strategies and Developments
8.3.5.1 Product Launches and Product Expansions:
8.4 Bosch.IO GmbH (Robert Bosch GmbH)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.5 Telit corporate group (DBAY Advisors Limited)
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 Smith Micro Software, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.7 Aeris Communications, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 Silicon Laboratories, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.5.3 Acquisition and Mergers:
8.8.5.4 Expansions:
8.9 Advantech Co., Ltd.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.10. PTC, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
TABLE 1 North America IoT Device Management Market, 2018 - 2021, USD Million
TABLE 2 North America IoT Device Management Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT Device Management Market
TABLE 4 Product Launches And Product Expansions– IoT Device Management Market
TABLE 5 Acquisition and Mergers– IoT Device Management Market
TABLE 6 Business Expansions- IoT Device Management Market
TABLE 7 North America IoT Device Management Market by Component, 2018 - 2021, USD Million
TABLE 8 North America IoT Device Management Market by Component, 2022 - 2028, USD Million
TABLE 9 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 North America IoT Device Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 12 North America IoT Device Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 13 North America Device Management Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Device Management Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Real-Time Streaming Analytics Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Real-Time Streaming Analytics Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Remote Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Remote Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Security Solutions Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Security Solutions Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Network Bandwidth Management Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Network Bandwidth Management Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 25 North America IoT Device Management Market by Services Type, 2018 - 2021, USD Million
TABLE 26 North America IoT Device Management Market by Services Type, 2022 - 2028, USD Million
TABLE 27 North America Professional Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Professional Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Managed Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Managed Market by Country, 2022 - 2028, USD Million
TABLE 31 North America IoT Device Management Market by Vertical, 2018 - 2021, USD Million
TABLE 32 North America IoT Device Management Market by Vertical, 2022 - 2028, USD Million
TABLE 33 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Retail Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Retail Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Utilities Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Utilities Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Other Vertical Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Other Vertical Market by Country, 2022 - 2028, USD Million
TABLE 45 North America IoT Device Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 46 North America IoT Device Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 47 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 51 North America IoT Device Management Market by Country, 2018 - 2021, USD Million
TABLE 52 North America IoT Device Management Market by Country, 2022 - 2028, USD Million
TABLE 53 US IoT Device Management Market, 2018 - 2021, USD Million
TABLE 54 US IoT Device Management Market, 2022 - 2028, USD Million
TABLE 55 US IoT Device Management Market by Component, 2018 - 2021, USD Million
TABLE 56 US IoT Device Management Market by Component, 2022 - 2028, USD Million
TABLE 57 US IoT Device Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 58 US IoT Device Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 59 US IoT Device Management Market by Services Type, 2018 - 2021, USD Million
TABLE 60 US IoT Device Management Market by Services Type, 2022 - 2028, USD Million
TABLE 61 US IoT Device Management Market by Vertical, 2018 - 2021, USD Million
TABLE 62 US IoT Device Management Market by Vertical, 2022 - 2028, USD Million
TABLE 63 US IoT Device Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 US IoT Device Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 Canada IoT Device Management Market, 2018 - 2021, USD Million
TABLE 66 Canada IoT Device Management Market, 2022 - 2028, USD Million
TABLE 67 Canada IoT Device Management Market by Component, 2018 - 2021, USD Million
TABLE 68 Canada IoT Device Management Market by Component, 2022 - 2028, USD Million
TABLE 69 Canada IoT Device Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 70 Canada IoT Device Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 71 Canada IoT Device Management Market by Services Type, 2018 - 2021, USD Million
TABLE 72 Canada IoT Device Management Market by Services Type, 2022 - 2028, USD Million
TABLE 73 Canada IoT Device Management Market by Vertical, 2018 - 2021, USD Million
TABLE 74 Canada IoT Device Management Market by Vertical, 2022 - 2028, USD Million
TABLE 75 Canada IoT Device Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 76 Canada IoT Device Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 77 Mexico IoT Device Management Market, 2018 - 2021, USD Million
TABLE 78 Mexico IoT Device Management Market, 2022 - 2028, USD Million
TABLE 79 Mexico IoT Device Management Market by Component, 2018 - 2021, USD Million
TABLE 80 Mexico IoT Device Management Market by Component, 2022 - 2028, USD Million
TABLE 81 Mexico IoT Device Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 82 Mexico IoT Device Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 83 Mexico IoT Device Management Market by Services Type, 2018 - 2021, USD Million
TABLE 84 Mexico IoT Device Management Market by Services Type, 2022 - 2028, USD Million
TABLE 85 Mexico IoT Device Management Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Mexico IoT Device Management Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Mexico IoT Device Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 88 Mexico IoT Device Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 89 Rest of North America IoT Device Management Market, 2018 - 2021, USD Million
TABLE 90 Rest of North America IoT Device Management Market, 2022 - 2028, USD Million
TABLE 91 Rest of North America IoT Device Management Market by Component, 2018 - 2021, USD Million
TABLE 92 Rest of North America IoT Device Management Market by Component, 2022 - 2028, USD Million
TABLE 93 Rest of North America IoT Device Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 94 Rest of North America IoT Device Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 95 Rest of North America IoT Device Management Market by Services Type, 2018 - 2021, USD Million
TABLE 96 Rest of North America IoT Device Management Market by Services Type, 2022 - 2028, USD Million
TABLE 97 Rest of North America IoT Device Management Market by Vertical, 2018 - 2021, USD Million
TABLE 98 Rest of North America IoT Device Management Market by Vertical, 2022 - 2028, USD Million
TABLE 99 Rest of North America IoT Device Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 100 Rest of North America IoT Device Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 101 Key information – IBM Corporation
TABLE 102 key information – Microsoft Corporation
TABLE 103 Key Information – Oracle Corporation
TABLE 104 Key Information – Bosch.IO GmbH
TABLE 105 Key Information – Telit corporate group
TABLE 106 Key Information – Smith Micro Software, Inc.
TABLE 107 Key Information – Aeris Communications, Inc.
TABLE 108 Key Information – Silicon Laboratories, Inc.
TABLE 109 Key Information – Advantech Co., Ltd.
TABLE 110 key Information – PTC, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Apr – 2021, Aug) Leading Players
FIG 5 Recent strategies and developments: IBM Corporation
FIG 6 Recent strategies and developments: Microsoft Corporation
FIG 7 Recent strategies and developments: Bosch.IO GmbH (Robert Bosch GmbH)
FIG 8 Recent strategies and developments: Telit corporate group
FIG 9 Recent strategies and developments: Silicon Laboratories, Inc.
FIG 10 Recent strategies and developments: Advantech Co., Ltd.