
North America IoT Device Management Market Size, Share & Trends Analysis Report By Organization Size (Large Enterprises, and Small and Medium Enterprises (SMEs)), By Component, By Deployment Mode, By Vertical, By Country and Growth Forecast, 2024 - 2031
Description
North America IoT Device Management Market Size, Share & Trends Analysis Report By Organization Size (Large Enterprises, and Small and Medium Enterprises (SMEs)), By Component, By Deployment Mode, By Vertical, By Country and Growth Forecast, 2024 - 2031
The North America IoT Device Management Market would witness market growth of 29.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America IoT Device Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,559.9 million by 2031. The Canada market is experiencing a CAGR of 31.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 31.1% during (2024 - 2031).
The Internet of Things (IoT) has emerged as one of the most transformative technological advancements in recent decades, revolutionizing industries and redefining how businesses operate. The fundamental concept of this revolution is the interconnection of devices that communicate with one another, process data in real-time, and provide actionable insights to enhance productivity, efficiency, and decision-making. With IoT adoption skyrocketing across healthcare, manufacturing, retail, transportation, agriculture, and smart cities, effective IoT device management has become paramount. This market, dedicated to managing IoT devices, has grown into a critical segment of the IoT ecosystem, ensuring that these devices function optimally, securely, and seamlessly in increasingly complex environments.
IoT device administration encompasses the procedures and instruments employed to configure, monitor, maintain, and secure IoT devices throughout their lifespan. As IoT devices proliferate, the challenges of managing them also grow exponentially. Each device is a node in a larger network, contributing data and functionality to interconnected systems. Without proper management, these devices risk becoming liabilities, potentially causing inefficiencies, operational disruptions, or even security breaches. The IoT device management market addresses these challenges by providing robust solutions for tasks such as onboarding devices, updating firmware, monitoring performance, troubleshooting issues, and ensuring compliance with security standards.
The automotive industry in Mexico is driving significant demand for IoT device management as IoT technologies become increasingly integrated into vehicle production processes. With Mexico ranking as the world’s seventh-largest passenger vehicle manufacturer, producing approximately 3.5 million vehicles annually, IoT device management solutions are critical for monitoring assembly lines, ensuring quality control, and optimizing supply chain operations. The production of electric vehicles (EVs) and hybrids, which grew by 8.5% in 2022, further underscores the need for robust IoT device management to handle the automation and real-time data analysis required in modern manufacturing environments. Thus, as IoT adoption across industries and industrial automation continues to grow, North America presents lucrative opportunities for the IoT device management market throughout the forecast period.
Based on Organization Size, the market is segmented into Large Enterprises, and Small and Medium Enterprises (SMEs). Based on Component, the market is segmented into Solution (Real-Time Streaming Analytics, Security Solutions, Remote Monitoring, Device Management, and Network Bandwidth Management), and Services (Professional Services, and Managed Services). Based on Deployment Mode, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Vertical, the market is segmented into Manufacturing, Transportation & Logistics, Retail, Healthcare, Utilities, and Other Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Adobe, Inc.
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- Open Text Corporation
- Xerox Corporation
- Hyland Software, Inc.
- Upland Software, Inc.
- Laserfiche
- Fabasoft AG
By Organization Size
- Large Enterprises
- Small and Medium Enterprises (SMEs)
- Solution
- Real-Time Streaming Analytics
- Security Solutions
- Remote Monitoring
- Device Management
- Network Bandwidth Management
- Services
- Professional Services
- Managed Services
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Manufacturing
- Transportation & Logistics
- Retail
- Healthcare
- Utilities
- Other Vertical
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
155 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America IoT Device Management Market, by Organization Size
- 1.4.2 North America IoT Device Management Market, by Component
- 1.4.3 North America IoT Device Management Market, by Deployment Mode
- 1.4.4 North America IoT Device Management Market, by Vertical
- 1.4.5 North America IoT Device Management Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Oct – 2024, Oct) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America IoT Device Management Market by Organization Size
- 5.1 North America Large Enterprises Market by Region
- 5.2 North America Small and Medium Enterprises (SMEs) Market by Region
- Chapter 6. North America IoT Device Management Market by Component
- 6.1 North America Solution Market by Country
- 6.2 North America IoT Device Management Market by Solution Type
- 6.2.1 North America Real-Time Streaming Analytics Market by Country
- 6.2.2 North America Security Solutions Market by Country
- 6.2.3 North America Remote Monitoring Market by Country
- 6.2.4 North America Device Management Market by Country
- 6.2.5 North America Network Bandwidth Management Market by Country
- 6.3 North America Services Market by Country
- 6.4 North America IoT Device Management Market by Services Type
- 6.4.1 North America Professional Services Market by Country
- 6.4.2 North America Managed Services Market by Country
- Chapter 7. North America IoT Device Management Market by Deployment Mode
- 7.1 North America Public Cloud Market by Country
- 7.2 North America Private Cloud Market by Country
- 7.3 North America Hybrid Cloud Market by Country
- Chapter 8. North America IoT Device Management Market by Vertical
- 8.1 North America Manufacturing Market by Country
- 8.2 North America Transportation & Logistics Market by Country
- 8.3 North America Retail Market by Country
- 8.4 North America Healthcare Market by Country
- 8.5 North America Utilities Market by Country
- 8.6 North America Other Vertical Market by Country
- Chapter 9. North America IoT Device Management Market by Country
- 9.1 US IoT Device Management Market
- 9.1.1 US IoT Device Management Market by Organization Size
- 9.1.2 US IoT Device Management Market by Component
- 9.1.2.1 US IoT Device Management Market by Solution Type
- 9.1.2.2 US IoT Device Management Market by Services Type
- 9.1.3 US IoT Device Management Market by Deployment Mode
- 9.1.4 US IoT Device Management Market by Vertical
- 9.2 Canada IoT Device Management Market
- 9.2.1 Canada IoT Device Management Market by Organization Size
- 9.2.2 Canada IoT Device Management Market by Component
- 9.2.2.1 Canada IoT Device Management Market by Solution Type
- 9.2.2.2 Canada IoT Device Management Market by Services Type
- 9.2.3 Canada IoT Device Management Market by Deployment Mode
- 9.2.4 Canada IoT Device Management Market by Vertical
- 9.3 Mexico IoT Device Management Market
- 9.3.1 Mexico IoT Device Management Market by Organization Size
- 9.3.2 Mexico IoT Device Management Market by Component
- 9.3.2.1 Mexico IoT Device Management Market by Solution Type
- 9.3.2.2 Mexico IoT Device Management Market by Services Type
- 9.3.3 Mexico IoT Device Management Market by Deployment Mode
- 9.3.4 Mexico IoT Device Management Market by Vertical
- 9.4 Rest of North America IoT Device Management Market
- 9.4.1 Rest of North America IoT Device Management Market by Organization Size
- 9.4.2 Rest of North America IoT Device Management Market by Component
- 9.4.2.1 Rest of North America IoT Device Management Market by Solution Type
- 9.4.2.2 Rest of North America IoT Device Management Market by Services Type
- 9.4.3 Rest of North America IoT Device Management Market by Deployment Mode
- 9.4.4 Rest of North America IoT Device Management Market by Vertical
- Chapter 10. Company Profiles
- 10.1 SAP SE
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.6 SWOT Analysis
- 10.2 Dell Technologies, Inc.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.6 SWOT Analysis
- 10.3 Silicon Laboratories, Inc.
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Research & Development Expenses
- 10.3.4 Recent strategies and developments:
- 10.3.4.1 Partnerships, Collaborations, and Agreements:
- 10.3.4.2 Product Launches and Product Expansions:
- 10.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental Analysis
- 10.4.4 Recent strategies and developments:
- 10.4.4.1 Partnerships, Collaborations, and Agreements:
- 10.4.5 SWOT Analysis
- 10.5 Microsoft Corporation
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.5.5.2 Product Launches and Product Expansions:
- 10.5.5.3 Acquisitions and Mergers:
- 10.5.6 SWOT Analysis
- 10.6 Oracle Corporation
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.6 SWOT Analysis
- 10.7 PTC, Inc.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.5.2 Product Launches and Product Expansions:
- 10.7.6 SWOT Analysis
- 10.8 IBM Corporation
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Regional & Segmental Analysis
- 10.8.4 Research & Development Expenses
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations & Agreements:
- 10.8.6 SWOT Analysis
- 10.9 Robert Bosch GmbH
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Partnerships, Collaborations & Agreements:
- 10.9.6 SWOT Analysis
- 10.10. Advantech Co., Ltd.
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 Recent strategies and developments:
- 10.10.5.1 Partnerships, Collaborations, and Agreements:
- 10.10.5.2 Product Launches and Product Expansions:
- 10.10.6 SWOT Analysis
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