Asia Pacific Iot Device Management Market Size & Outlook
Asia Pacific iot device management market, 2018-2030 (US$M)
Related Markets
Asia Pacific iot device management market highlights
- The Asia Pacific iot device management market generated a revenue of USD 849.7 million in 2023.
- The market is expected to grow at a CAGR of 36.2% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating category in 2023.
- Service is the most lucrative category segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 849.7 million |
| Market revenue in 2030 | USD 7,382.0 million |
| Growth rate | 36.2% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 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, Asia Pacific region accounted for 26.1% of the global iot device management market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,382.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
IoT Device Management Market Scope
IoT Device Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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% in 2023. Horizon Databook has segmented the Asia Pacific iot device management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
The steps taken for the development of the IoT infrastructure will result into rapid growth of the Asia Pacific market in the coming years. The Indian government recently took steps toward the development of 100 smart cities across India.
The smart city concept consists of the development of a digitally connected ecosystem that will drive IoT growth in the Indian market. Infrastructural development and emerging economies in Asia will further increase the scope of IoT device management in Asia.
The Digital Nation and Innovation Economic Development Plan (2017-2025) of the Taiwan government will focus on the development of digitalization of Taiwan’s economy and increase the penetration of connected devices technology.
Reasons to subscribe to Asia Pacific iot device management market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific iot device management market databook
-
Our clientele includes a mix of iot device management market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific iot device management market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific iot device management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific iot device management market size, by country, 2018-2030 (US$M)
Asia Pacific IoT Device Management Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
