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IoT Data Management Market by Deployment and Geography - Forecast and Analysis 2022-2026

  • Published: Jan 2022
  • Pages: 120
  • SKU: IRTNTR71874
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The IoT data management market share is expected to increase by USD 94.79 billion from 2021 to 2026 at a CAGR of 13.68%.

This IoT data management market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers IoT data management market segmentation by deployment (private/hybrid and public) and geography (North America, Europe, APAC, South America, and MEA). The IoT data management market report also offers information on several market vendors, including Alphabet Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Oracle Corp., PTC Inc., SAS Institute Inc., and Teradata Corp. among others.

What will the IoT Data Management Market Size be During the Forecast Period?

IoT Data Management Market Size

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"North America is driven by the increased expansion of the mobile network infrastructure and the increased adoption of cloud computing in the region. There is a new trend of institutional IoT investments, consolidations, and partnerships among organizations to gain competitive advantages."

IoT Data Management Market: Key Drivers and Challenges

The growth in industrial automation is notably driving the IoT data management market growth, although factors such as lack of awareness of efficient management of IoT initiatives and investments may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the IoT data management industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key IoT Data Management Market Driver

One of the key factors driving growth in the IoT data management market is the growth in industrial automation. The industrial environment is currently witnessing evolutionary changes with the rising automation of processes. The combination of physical and digital systems has improved HMI and enabled M2M communication. Industry 4.0 defines the entire life cycle of products where the manufacturing processes by smart machines are carried out on their own, smart robots coordinate with humans to assemble products, and driverless transport vehicles have started to operate logistics on their own. The integration of cyber systems and physical systems in the industrial manufacturing industries enables higher efficiency, greater safety, predictive maintenance of machines, and increased profitability. Therefore, industries across the globe are implementing Industry 4.0 to optimize material flow and detect errors at the early stages of the life cycle of a product.

Key IoT Data Management Market Challenge

The lack of awareness of efficient management of IoT initiatives and investments will be a major challenge for the IoT data management market during the forecast period. Though the adoption of industrial IoT is on the rise, enterprises continue to face a considerable challenge in managing, securing, and optimizing their IoT investments. The implementation of IoT in industrial facilities is one of the primary tasks undertaken by industries. The next step is to train the employees on working on the IoT platform so as to allow workers to adapt better and faster to IoT. The lack of skilled employees to handle the intricacies of IoT systems is a major problem encountered by end-user industries. Without proper training and knowledge of IoT systems, the capabilities of IoT can be exploited only partially. Such factors act as a challenge for the adoption of IoT and IoT data collection and device management platforms in industries, thereby hampering the growth of the market,

This IoT data management market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Market Overview

The parent global IT spending market covers revenue generated from the sales and subscription of IT services, communications services, cloud services, IT hardware, and IT software. Technavio calculates the global IT spending market size based on various IT solutions spending by various end-user industries such as healthcare, banking, financial services, and insurance (BFSI), retail, transportation, media and entertainment, and construction, among others. 

Who are the Major IoT Data Management Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Alphabet Inc.
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Co.
  • International Business Machines Corp.
  • Oracle Corp.
  • PTC Inc.
  • SAS Institute Inc.
  • Teradata Corp.

 

This statistical study of the IoT data management market encompasses successful business strategies deployed by the key vendors. The IoT data management market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The IoT data management market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for IoT Data Management Market?

IoT Data Management Market Market segmentation by region

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35% of the market's growth will originate from North America during the forecast period. The US is the key market for IoT data management in North America. Market growth in North America will be faster than the growth of the market in other regions.

The strong presence and penetration of top vendors such as Microsoft Corp. and Oracle Corp. will facilitate the IoT data management market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Deployment Segments in the IoT Data Management Market?

IoT Data Management Market Segmentation

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The IoT data management market share growth by the private/hybrid segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the IoT data management market size and actionable market insights on post COVID-19 impact on each segment.

 

IoT Data Management Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 13.68%

Market growth 2022-2026

$ 94.79 billion

Market structure

Fragmented

YoY growth (%)

18.50

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 35%

Key consumer countries

US, UK, China, Germany, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alphabet Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Oracle Corp., PTC Inc., SAS Institute Inc., and Teradata Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

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What are the Key Data Covered in this IoT Data Management Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive IoT data management market growth during the next five years
  • Precise estimation of the IoT data management market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the IoT data management industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of IoT data management market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Deployment

    • Market segments
    • Comparison by Deployment
    • Private/hybrid - Market size and forecast 2021-2026
    • Public - Market size and forecast 2021-2026
    • Market opportunity by Deployment

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2021-2026
      • Europe - Market size and forecast 2021-2026
      • APAC - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Alphabet Inc.
      • Cisco Systems Inc.
      • Dell Technologies Inc.
      • Fujitsu Ltd.
      • Hewlett Packard Enterprise Co.
      • International Business Machines Corp.
      • Oracle Corp.
      • PTC Inc.
      • SAS Institute Inc.
      • Teradata Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      IoT Data Management market growth will increase by $94.79 billion during 2021-2026.
      The iot data management market is expected to grow at a CAGR of 13.68% during 2021-2026.
      Technavio has segmented the iot data management market by deployment (Private/hybrid and Public) and geographic (North America, Europe, APAC, South America, and MEA).
      Alphabet Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Oracle Corp., PTC Inc., SAS Institute Inc., Teradata Corp. are a few of the key vendors in the iot data management market.
      North America will register the highest growth rate of 35.38% among the other regions. Therefore, the iot data management market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the iot data management market growth are:
      • Growth in industrial automation
      The iot data management market vendors should focus on grabbing business opportunities from the private/hybrid segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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