IoT Device Management Market to Grow at Robust CAGR Through 2025 | TechSci Research
Rising incidences of cybercrimes and cyber threats and growing security concerns are acting as key growth drivers for global IoT device management market. According to TechSci Research report, “ Global IoT Device Management Market By Component (Solution v/s Service), By Deployment Mode (On-Premise v/s Cloud), By Organization Size (Large Enterprises v/s SMEs), By Application (Smart Retail, Connected Health, Connected Logistics, Smart Utilities, Smart Manufacturing, Others), By Region, Forecast & Opportunities, 2025 ” , the market is forecast to grow at a CAGR of 22% by 2025. Key factors propelling the growth of global IoT device management market are increasing adoption of Internet of Things (IoT) and growing stress on increasing operational efficiencies & managing connected devices. The escalating penetration of communication and networking technologies and growing need for real time analytics are further driving the growth of global IoT device management marke...