Middle East & Africa IoT Device Management Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$237.1

Forecast, 2030 (US$M)

$1,923.9

CAGR, 2024 - 2030

34.9%

Report Coverage

Middle East & Africa

Middle East & Africa iot device management market, 2018-2030 (US$M)

Related Markets

Global IoT Device Management Industry Outlook

North America IoT Device Management Market Outlook

U.S. IoT Device Management Market Outlook

Canada IoT Device Management Market Outlook

Europe IoT Device Management Market Outlook

Germany IoT Device Management Market Outlook

UK IoT Device Management Market Outlook

Asia Pacific IoT Device Management Market Outlook

Japan IoT Device Management Market Outlook

China IoT Device Management Market Outlook

India IoT Device Management Market Outlook

Latin America IoT Device Management Market Outlook

Mexico IoT Device Management Market Outlook

MEA iot device management market highlights

The MEA iot device management market generated a revenue of USD 237.1 million in 2023.
The market is expected to grow at a CAGR of 34.9% 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.

MEA data book summary

Market revenue in 2023	USD 237.1 million
Market revenue in 2030	USD 1,923.9 million
Growth rate	34.9% (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, MEA region accounted for 7.3% 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.

Key Regions: U.S. , UK , Japan , Canada , Germany

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IoT Device Management Market Scope

Iot device management market segmentation & scope

IoT Device Management Market Companies

Name	Profile	# Employees	HQ	Website

Middle East & Africa 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 65.96% in 2023. Horizon Databook has segmented the Middle East & Africa iot device management market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.

The increasing penetration of communication and networking technologies is estimated to drive the growth of the IoT device management market in African and Middle Eastern countries. The ZTE Corporation South Africa has been planning to develop IoT in the African market.

The step will boost the growth of numerus industries in the African region. Huawei has been taking steps toward the development of IoT in the Middle East, which is expected to drive the growth of the IoT device management market in the region.

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

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