Global IoT Network Management Market Size, Share, and COVID-19 Impact Analysis, By Solution (Platform and Services), By Industry (Manufacturing, IT & Telecom, BFSI, Healthcare, Transport & Logistics, Energy & Utilities, Retail, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035.

Global IoT Network Management Market Insights Forecasts to 2035

• The Global IoT Network Management Market Size Was Estimated at USD 5.19 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 23.33 % from 2025 to 2035
• The Worldwide IoT Network Management Market Size is Expected to Reach USD 52.10 Billion by 2035
• Asia Pacific is expected to grow the fastest during the forecast period.

According to a research report published by Spherical Insights and Consulting, The Global IoT network management Market Size was worth around USD 5.19 Billion in 2024 and is predicted to grow to around USD 52.10 Billion by 2035 with a compound annual growth rate (CAGR) of 23.33 % from 2025 to 2035. Opportunities in automated device orchestration, sophisticated analytics-driven optimization, improved security frameworks, scalable connectivity solutions, and cloud-integrated management platforms that boost performance, dependability, and operational efficiency across various IoT ecosystems are presented by the IoT network management market.

Market Overview

The IoT network management market size is the term used for the global industry segment that is dedicated to the monitoring, control, and optimization of Internet of Things (IoT) networks. It comprises different software platforms, hardware, and services that implement these functions in the IoT networks. It supports the major functions, including device provisioning, authentication, configuration, real-time analytics, fault detection, and secure data routing, which are required to maintain scalability, resilience, and compliance with the growing number of devices. Governments and companies launched key IoT initiatives in 2025, the U.S. Cyber Trust Mark for security labeling, Digi-Simetric’s eSIM validation, and Nordic Semiconductor’s nRF9151 kit, advancing hybrid IoT network management and visibility. The requirement for effective network monitoring and control is being driven by the growing deployment of connected devices across industries, which is causing the IoT network management market to grow rapidly. Developments in edge computing, 5G connections, and AI-driven automation, which improve real-time decision-making and predictive maintenance capabilities, also contribute to the IoT network management market's expansion.

Report Coverage

This research report categorizes the IoT network management market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the IoT network management market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the IoT network management market.        

Driving Factors   

The increasing use of IoT devices in a variety of industries is propelling the growth of the IoT network management market. Scalable network management tools are needed to guarantee smooth communication as the increasing use of IoT solutions in manufacturing, healthcare, logistics, and smart cities causes a spike in data generation. As companies prioritize scalable, secure, and automated network management frameworks, the IoT network management market is anticipated to expand due to growing IoT usage, digital transformation initiatives, and the need for intelligent network solutions. The market for IoT network management is expanding quickly due to the widespread use of linked devices in a variety of industries.  

Restraining Factors   

The market for IoT network management is restricted by high deployment costs, difficult integration across heterogeneous devices, a lack of standardization, worries about data privacy, and cybersecurity issues that slow the adoption of scalable, interoperable IoT management solutions.

Market Segmentation  

The IoT network management market share is classified into solution and industry.     

• The platform segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.            

Based on the Solution, the IoT network management market is divided into platform and services. Among these, the platform segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The increasing dependence on centralized platforms that facilitate smooth integration across various IoT ecosystems, performance optimization, and real-time device monitoring is the reason for the platform segment. The platform segment's expansion is further supported by the growing demand for multi-network orchestration, remote configuration, and predictive analytics.   

• The manufacturing segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.      

Based on the Industry, the IoT network management market is divided into manufacturing, IT & telecom, BFSI, healthcare, transport & logistics, energy & utilities, retail, and others. Among these, the manufacturing segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The broad use of IoT-enabled automation, predictive maintenance, and process optimization technologies in the manufacturing sector is what propels this industrial segment. IoT network management tools are being used by manufacturers to improve production efficiency, lower downtime, and remotely monitor equipment performance.  

Regional Segment Analysis of the IoT Network Management Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the IoT network management market over the predicted timeframe.       

North America is anticipated to hold the largest share of the IoT network management market over the predicted timeframe. North America's strong technological infrastructure, extensive use of cutting-edge digital solutions, and presence of significant market participants are the reasons behind this. The widespread use of IoT in sectors like manufacturing and healthcare is driving the rapid expansion of the IoT network management sector in the United States. Early IoT adoption in the transportation, healthcare, smart city, and industrial sectors benefits the area and increases the need for effective network management solutions. The use of IoT by American industries is expected to increase the need for operational network management. Government initiatives, such as the Federal Communications Commission's U.S. Cyber Trust Mark program, which was launched in January 2025, require voluntary IoT security labeling to reduce cyber threats across 21.1 billion connected devices worldwide.

Asia Pacific is expected to grow at a rapid CAGR in the IoT network management market during the forecast period. The Asia-Pacific region is powered by digital transformation projects, intelligent city development, and industrial automation. In the developing nations of China, India, Japan, and South Korea, IoT gadgets are being increasingly employed across different sectors such as manufacturing, healthcare, retail, and transportation. This is generating a significant demand for efficient network management solutions. The Internet of Things is growing in network management due to China's extensive smart city initiatives and advancements in industrial automation. IoT is prioritized for industrial automation and e-governance in government initiatives, including China's Made in China 2025 program and the ASEAN Digital Masterplan 2025. National 5G policies in South Korea, Australia, Japan, and India have invested more than USD 50 billion.

Competitive Analysis:      

The report offers the appropriate analysis of the key organizations/companies involved within the IoT network management market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.   

List of Key Companies

• Arista Networks
• Cisco Systems, Inc.
• Dell Technologies
• Ericsson
• GE Digital
• Hewlett Packard Enterprise (HPE)
• Honeywell International Inc.
• IBM Corporation
• Intel Corporation
• Microsoft Corporation
• Oracle Corporation
• PTC Inc.
• Qualcomm Incorporated
• SAP SE
• Others  

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In October 2025, Cisco launched new IoT network management features, adding improved real-time monitoring and advanced analytics to boost efficiency and strengthen security across manufacturing, transportation, and other industrial sectors worldwide this year.

• In September 2025, IBM announced a new suite of AI-driven IoT network management tools designed to optimize device performance, deliver predictive maintenance capabilities, and help businesses significantly reduce downtime and operational costs overall.

• In August 2025, Siemens and Amazon Web Services (AWS) announced a strategic alliance to include AWS's cloud services in Siemens' IoT network management products. Enhancing data processing and scalability for smart infrastructure projects is the goal of this partnership.

• In July 2025, A new IoT platform created especially for smart buildings was introduced by Honeywell. In order to improve occupant comfort and energy efficiency, the platform provides progressive monitoring and control options.  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the IoT network management market based on the below-mentioned segments:       

Global IoT Network Management Market, By Solution

• Platform
• Services

Global IoT Network Management Market, By Industry

• Manufacturing
• IT & Telecom
• BFSI
• Healthcare
• Transport & Logistics
• Energy & Utilities
• Retail
• Others

Global IoT Network Management Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa