Global Iot Device Management Market Size & Outlook

The iot device management industry worldwide is expected to reach a projected revenue of US$ 25,929.0 million by 2030. A compound annual growth rate of 34.5% is expected of the worldwide iot device management industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,256.6
Forecast, 2030 (US$M)
$25,929.0
CAGR, 2024 - 2030
34.5%
Report Coverage
Worldwide

Global iot device management market highlights

  • The global iot device management market generated a revenue of USD 3,256.6 million in 2023 and is expected to reach USD 25,929.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 34.5% by 2030.
  • In terms of segment, solution accounted for a revenue of USD 2,095.9 million in 2023.
  • Service is the most lucrative category segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 3,256.6 million
Market revenue in 2030USD 25,929.0 million
Growth rate34.5% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Service

Other key industry trends

  • In terms of revenue, the North America accounted for 31.7% of the global iot device management market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 6,482.2 million by 2030.

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IoT Device Management Market Companies

Name Profile # Employees HQ Website

Global 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 64.36% in 2023. Horizon Databook has segmented the Global iot device management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global IoT Device Management Category Outlook (Revenue, USD Million, 2018-2030)
    • Solution
      • Real-time Streaming Analytics
      • Security Solutions
      • Data Management
      • Remote Monitoring
      • Network Bandwidth Management
    • Service
      • Professional Services
      • Managed Services
  • Global IoT Device Management Organization Size Outlook (Revenue, USD Million, 2018-2030)
    • SMEs
    • Large Enterprise
  • Global IoT Device Management Vertical Outlook (Revenue, USD Million, 2018-2030)
    • Retail
    • Healthcare
    • Transportation & Logistics
    • Utilities
    • Manufacturing
    • Others

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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 global-level data and insights on the Global iot device management market , including forecasts for subscribers. This global databook contains high-level insights into Global iot device management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global iot device management market size, by regions, 2018-2030 (US$M)

Top 10 countries: Iot device management market size, 2023 (US$M)

Global iot device management market share, by category, 2023 & 2030 (%, US$M)

Iot device management market: Opportunity assessment by country

Global iot device management market, by region, 2023 (US$M)

Global iot device management market size, by regions, 2018-2030 (US$M)

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