IoT Device Management Market Trends, Competitor Analysis and Regional Share Report to 2028 As the number of IoT devices grows, the need for managing the complexity of their sensors, endpoints, and gateways has been escalating worldwide. The IoT device management market is therefore slated to witness a positive growth trajectory, considering the rapid integration of IoT devices into network infrastructures to achieve extensive functionality.
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In 2021, there were above 10 billion active IoT devices, as per iPropertyManagement.com’s statistics. This number is further anticipated to surpass 25.4 billion in 2030, generating opportunities for IoT device management market growth over the years. Even during the COVID-19 pandemic, IoT has been playing a pivotal role in patient monitoring through smart devices and intertwined networks, thereby boosting the requirement for IoT system management.
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