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Valued to be $7 Billion by 2026, Internet of Things (IoT) Device Management Slated for Robust Growth Worldwide
[August 26, 2021]

Valued to be $7 Billion by 2026, Internet of Things (IoT) Device Management Slated for Robust Growth Worldwide


SAN FRANCISCO, Aug. 26, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Internet of Things (IoT) Device Management - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 4; Released: April 2021
Executive Pool: 737
Companies: 169 - Players covered include Advantech Co, Ltd.; Aeris Communications, Inc.; Bosch Software Innovations GmbH; Cumulocity GmBH; Einfochips; Enhanced Telecommunications Inc.; IBM Corporation; Intel Corporation; Microsoft Corporation; Oracle Corporation; Particle; PTC Inc.; SAP SE; Smith Micro Software, Inc.; Wind River Systems; Xively and Others.
Coverage: All major geographies and key segments
Segments: Component (Solutions, Services); Application (Smart Manufacturing, Smart Utilities, Connected Logistics, Smart Retail, Connected Health, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry



ABSTRACT-

Global Internet of Things (IoT) Device Management Market to Reach $7 Billion by 2026
Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Device Management estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$7 Billion by 2026, growing at a CAGR of 26.9% over the analysis period. Solutions, one of the segments analyzed in the report, is projected to record a 26.5% CAGR and reach US$5.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 27.6% CAGR for the next 7-year period.


The U.S. Market is Estimated at $583 Million in 2021, While China is Forecast to Reach $1.1 Billion by 2026
The Internet of Things (IoT) Device Management market in the U.S. is estimated at US$583 Million in the year 2021. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2026 trailing a CAGR of 26.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24% and 23% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 18.9% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world's only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.


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