IoT Device Management Market Size, Growth, Trends (2022-27)

 

Market Overview:

Over the forecast period of 2021–2026, the IoT Device Management Market is anticipated to post a CAGR of 28.7%. The provisioning, administration, monitoring, and diagnostics of Connected Devices required for issue replication and corrective actions are all included in the IoT device management market. The deployment of 5G networks and its support for massive IoT, along with Multi-access Edge Computing, are some of the major drivers of the IoT device management market. Other major drivers include the overall growth of IoT networks and systems, rising concerns over network security, increasing need to monitor the health (on/off condition, power, connectivity, etc.) of IoT devices, and overall growth of IoT networks and systems (MEC). In addition, IoT device management systems make it possible to gather and analyse data, which is another element predicted to spur the target market’s expansion.

Scope of the Report:

The secure registration, monitoring, organisation, and remote management of IoT devices at scale are made simple by IoT Device Management. In order to keep connected devices secure, IoT Device Management registers them individually or in bulk and makes it simple to manage permissions. IoT Device Management is OS and device agnostic, enabling the management of a wide range of IoT device deployments, from constrained microcontrollers to connected cars, all with the same service, allowing fleets to be scaled.

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