Global Iot Device Management Market Size & Outlook

The iot device management industry worldwide is expected to reach a projected revenue of US$ 19,770.2 million by 2030. A compound annual growth rate of 34.9% is expected of the worldwide iot device management industry from 2024 to 2030.

Revenue, 2023 (US$M)
$2,437.4
Forecast, 2030 (US$M)
$19,770.2
CAGR, 2024 - 2030
34.9%
Report Coverage
Worldwide

Global iot device management market highlights

  • The global iot device management market generated a revenue of USD 2,437.4 million in 2023 and is expected to reach USD 19,770.2 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 34.9% by 2030.
  • In terms of segment, service accounted for a revenue of USD 1,314.2 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 2,437.4 million
Market revenue in 2030USD 19,770.2 million
Growth rate34.9% (CAGR from 2023 to 2030)
Largest segmentService
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 4,942.5 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.


service was the largest segment with a revenue share of 53.92% 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)
    • Large Enterprises
    • Small & Medium Enterprises (SMEs)
  • Global IoT Device Management Vertical Outlook (Revenue, USD Million, 2018-2030)
    • Retail
    • Healthcare
    • Transportation
    • 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 statistics, by region, 2018-2030 (US$M)

Top 10 countries by Iot Device Management Market revenue, 2023 (USD Million)

Top 10 countries by Iot Device Management Market revenue, 2023 (USD Million)

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

Global iot device management market statistics, by region, 2018-2030 (US$M)

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