Brazil Iot Device Management Market Size & Outlook
Brazil iot device management market, 2018-2030 (US$M)
Related Markets
Brazil iot device management market highlights
- The Brazil iot device management market generated a revenue of USD 70.6 million in 2024 and is expected to reach USD 437.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 35.5% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Iot device management market data book summary
| Market revenue in 2024 | USD 70.6 million |
| Market revenue in 2030 | USD 437.6 million |
| Growth rate | 35.5% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
| Key market players worldwide | Bosch, Smith Micro Software Inc, International Business Machines Corp, Microsoft Corp, Oracle Corp, PTC, Omnicom Group Inc, Advantech, Aeris |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.7% of the global iot device management market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil iot device management market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 437.6 million by 2030.
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IoT Device Management Market Scope
IoT Device Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil iot device management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot device management market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 65.3% in 2024. Horizon Databook has segmented the Brazil iot device management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
Supportive government policies and funding in Brazil significantly drive the growth of the IoT device management market. The Brazilian government has introduced various initiatives to promote digital transformation, including subsidies and incentives for IoT adoption across various sectors, such as smart cities, agriculture, and healthcare.
These policies aim to boost technological innovation and infrastructure development. Brazil launched its National IoT Plan (IoT.br), which focuses on the development of IoT across key sectors, including smart cities, healthcare, and manufacturing. This plan includes policies and incentives to drive IoT adoption, thereby increasing the need for advanced IoT device management.
As a result, there is a growing need for advanced IoT device management solutions to handle the increasing number of connected devices, ensure their effective operation, and support Brazil's broader goals of modernization and efficiency in both public and private sectors.
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Our clientele includes a mix of iot device management market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil iot device management market , including forecasts for subscribers. This country databook contains high-level insights into Brazil iot device management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil iot device management market size, by component, 2018-2030 (US$M)
Brazil IoT Device Management Market Outlook Share, 2024 & 2030 (US$M)
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