7 key industries are using IoT for their growth. Communications, Retail, Energy, Manufacturing, Financial Services, Healthcare and Transportation.

IBM Corporation, Aeris Communications, Inc., Microsoft Corporation, Bosch Software Innovations, Oracle Corporation, PTC and Advantech Co. Ltd.

As the technology evolves, an IoT ecosystem keeps on getting complex. The number of connected devices keeps on increasing in order to deliver more data that can increase and improve the proficiency of a business. The devices connected may range from small sensors, single-purpose microcontrollers to powerful gateways that connect the devices form the server. Bug fixes, software updates, and device replacements are part of the system. So as to minimize the downtime while maintaining both hardware and software, organizations must have certain paradigms. An IoT platform’s device management offers certain facilities that can take care of devices and software to reduce the downtime and keep up the productivity like Provisioning and authentication, Configuration and control, Monitoring and diagnostics, Software updates and maintenance.

IoT Device Management market is driven by few key factors like IoT Device Scope, IoT Security, IoT Device Monitoring and Maintenance and Edge Computing in IoT Network.