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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 IoT Device Management Market.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 IoT Device Management Market."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 IoT Device Management Market predicted to grow exponentially by 2024: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The U.S. dominates the IoT device management market. The high demand for management solution in this region is attributed to the early adoption of advanced IoT technologies and high investment power of the major players to secure and properly manage their IoT and cloud computing networks. High broadband speed and advanced infrastructure in the country are fueling the consumption of smart devices incorporating these technologies as they require extremely efficient internet facilities for their operations.  Countries including China and India are expected to witness a high IoT device management market demand due to the rapid industrial boom and growth of the IT industries. Additionally, there are governmental provisions, such as huge investments of the Chinese government, in IoT for development and strong connectivity. The growing development of SMEs in India owing to the provisions, such as tax exemptions, easier capital fund availability, and land sanctions, is aiding the implementation of these IoT device management solutions to support the technical advancements in device operations and management. Regional Analysis of IoT Device Management Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of IoT Device Management Market :  Rapidly-growing demand for IoT solutions in all industry verticals and the benefits of this network, such as connected computing, marketing automation, and supply chain analytics, are fueling the IoT device management market growth. The increased penetration of networking and communication technologies and the need for digitization across the world are boosting the usage of IoT and cloud-based technologies.  These technologies provide several benefits to enterprises such as hyperconnected system operators, reduced operational cost through automation, and activated configurations. The technology is increasingly used in smart and connected devices due to the scalability and easy upgradability features. These include smart home automation devices and intelligent gadgets such as watches and smart water meters, thereby providing an impetus to the IoT device management market.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Companies operating in the IoT device management market include Telit, Amazon Web Services, Inc., VMware, Inc., Smith Micro Software, Inc., IBM, Inc., Microsoft, and Oracle. The players have adopted strategies such as new product development, innovation, merger, acquisition, collaboration, and partnership. For instance, in November 2017, Amazon Web Services, Inc. launched AWS IoT Device Management that makes it easy for the customers to securely onboard, monitor, organize, and manage IoT devices. It ensures fast onboarding, simple organization, quickly locate, and quick remote management.  The innovation of cloud computing technologies incorporating this software is creating prime opportunities in the IoT device management market. Cloud-based solutions for managing these devices provide benefits such as enhanced component security, chip-to- cloud solutions, and remote management. For instance, Arm Limited introduced Mbed Cloud, a scalable solution for all IoT device management challenges. It supports efficient data communication, end-to-end security, easy integration, and flexibility in identity provision. Competitive Market Share of IoT Device Management Market :

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On IoT Device Management Market @ https://bit.ly/2NBdbbHhttps://bit.ly/2NBdbbH Request for an in-depth table of contents for this report @ https://bit.ly/2RGw5x4 https://bit.ly/2RGw5x4

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