The iot managed services market size has grown rapidly in recent years. It will grow from $80.08 billion in 2025 to $93.8 billion in 2026 at a compound annual growth rate (CAGR) of 17.1%. The growth in the historic period can be attributed to expansion of enterprise iot deployments, increasing complexity of connected device environments, growth of cloud-based service models, rising need for operational visibility, availability of managed service providers.
The iot managed services market size is expected to see rapid growth in the next few years. It will grow to $174.39 billion in 2030 at a compound annual growth rate (CAGR) of 16.8%. The growth in the forecast period can be attributed to increasing demand for scalable iot operations, rising adoption of ai-driven service automation, expansion of industry-specific managed services, growing focus on cybersecurity resilience, increasing outsourcing of iot infrastructure management. Major trends in the forecast period include increasing adoption of end-to-end iot management platforms, rising demand for device lifecycle management services, growing focus on iot security and compliance management, expansion of data analytics and monitoring services, enhanced integration of multi-vendor iot ecosystems.
The increasing use of IoT managed services solutions in the automotive, electronic goods, and information and telecommunications industries is expected to propel the growth of the IoT managed services market. The primary factors driving this growth include ongoing long-term evolution (LTE) deployment and technological advancements across various sectors. IoT-managed services are widely adopted in the automotive, consumer electronics, and telecom industries, enabling real-time monitoring, predictive maintenance, and improved operational efficiency. For instance, in May 2023, according to Transforma Insights, the total number of global IoT connections reached approximately 15.8 billion in 2023, up from around 14.4 billion in 2022. Therefore, the rising number of connected devices is driving the adoption of IoT managed services and expanding the overall market.
Leading companies in the abrasives market are increasingly pursuing strategic partnerships to enhance their presence in the industry. Strategic partnerships involve companies utilizing each other's strengths and resources to achieve shared benefits and success. For example, in May 2023, NTT Ltd., a US-based IT infrastructure and services provider, and Cisco Systems Inc., a US-based technology firm, announced a collaboration aimed at developing and implementing integrated solutions that help organizations improve operational efficiencies and advance sustainability objectives. The solutions created by both companies will utilize NTT's Edge as a Service portfolio and Cisco's IoT capabilities, incorporating features such as predictive maintenance, asset tracking, and supply chain management to deliver real-time data insights, enhanced security, improved decision-making, and reduced operational costs.
In August 2023, Thales Group, a France-based provider of aerospace, defence, and security technology, acquired Tesserent Ltd. for an undisclosed amount. This acquisition expands Thales' cybersecurity and IoT capabilities in Australia and New Zealand, enhancing its ability to secure critical infrastructure and IoT ecosystems. Tesserent Ltd. is an Australia-based provider of cybersecurity services for enterprises and government organisations.
Major companies operating in the iot managed services market are Cisco Systems Inc.; International Business Machines Corporation; HCL Technologies Limited; HARMAN International Industries Incorporated; Cognizant Technology Solutions Corporation; AT&T Inc.; Verizon Communications Inc.; Vodafone Group Plc; T-Mobile US Inc.; Ericsson AB; Orange Business Services; Deutsche Telekom AG; Sierra Wireless Inc.; Telit Communications PLC; Aeris Communications Inc.; KORE Wireless Group; Arm Ltd.; PTC Inc.; Microsoft Corporation; Amazon Web Services Inc.; Siemens Aktiengesellschaft; Robert Bosch GmbH; Dell Technologies Inc.; Hewlett Packard Enterprise Company; Oracle Corporation; Telstra Corporation Limited; Software Aktiengesellschaft; Wipro Limited; Accenture plc; Fujitsu Limited; NTT Data Corporation.
North America was the largest region in the IoT managed services market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the iot managed services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the iot managed services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tariffs are impacting the iot managed services market by increasing costs of imported servers, networking hardware, security appliances, and device management platforms that underpin managed service delivery. Enterprises in North America and Europe are most affected due to reliance on imported infrastructure equipment, while Asia-Pacific faces higher costs for service platform deployments. These tariffs are increasing service pricing and infrastructure investment requirements. However, they are also driving greater adoption of cloud-based delivery models, localized data center investments, and software-centric managed service offerings.
The iot managed services market research report is one of a series of new reports that provides iot managed services market statistics, including iot managed services industry global market size, regional shares, competitors with a iot managed services market share, detailed iot managed services market segments, market trends and opportunities, and any further data you may need to thrive in the iot managed services industry. This iot managed services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
IoT managed services refer to services that assist in the management of IoT environments, defining appropriate business strategies for digital transformation. They enable organizations to assemble the right mix of IoT products and solutions, providing systematic solutions to business problems, enhancing operational efficiency, and opening up new markets.
The main types of IoT managed services include infrastructure management services, security management services, network management services, data management services, and device management services. Security management services are particularly crucial as they form the foundation of an organization's cybersecurity strategy, locating and safeguarding its resources and procedures. These services are utilized by end-users in various sectors such as automotive and transport, IT and telecom, healthcare, BFSI, manufacturing, and others. Organizations of different sizes, including SMEs and large enterprises, benefit from these IoT managed services.
The IoT managed services market consists of revenues earned by entities by providing IoT connectivity management and IoT hardware solutions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The iot managed services market size is expected to see rapid growth in the next few years. It will grow to $174.39 billion in 2030 at a compound annual growth rate (CAGR) of 16.8%. The growth in the forecast period can be attributed to increasing demand for scalable iot operations, rising adoption of ai-driven service automation, expansion of industry-specific managed services, growing focus on cybersecurity resilience, increasing outsourcing of iot infrastructure management. Major trends in the forecast period include increasing adoption of end-to-end iot management platforms, rising demand for device lifecycle management services, growing focus on iot security and compliance management, expansion of data analytics and monitoring services, enhanced integration of multi-vendor iot ecosystems.
The increasing use of IoT managed services solutions in the automotive, electronic goods, and information and telecommunications industries is expected to propel the growth of the IoT managed services market. The primary factors driving this growth include ongoing long-term evolution (LTE) deployment and technological advancements across various sectors. IoT-managed services are widely adopted in the automotive, consumer electronics, and telecom industries, enabling real-time monitoring, predictive maintenance, and improved operational efficiency. For instance, in May 2023, according to Transforma Insights, the total number of global IoT connections reached approximately 15.8 billion in 2023, up from around 14.4 billion in 2022. Therefore, the rising number of connected devices is driving the adoption of IoT managed services and expanding the overall market.
Leading companies in the abrasives market are increasingly pursuing strategic partnerships to enhance their presence in the industry. Strategic partnerships involve companies utilizing each other's strengths and resources to achieve shared benefits and success. For example, in May 2023, NTT Ltd., a US-based IT infrastructure and services provider, and Cisco Systems Inc., a US-based technology firm, announced a collaboration aimed at developing and implementing integrated solutions that help organizations improve operational efficiencies and advance sustainability objectives. The solutions created by both companies will utilize NTT's Edge as a Service portfolio and Cisco's IoT capabilities, incorporating features such as predictive maintenance, asset tracking, and supply chain management to deliver real-time data insights, enhanced security, improved decision-making, and reduced operational costs.
In August 2023, Thales Group, a France-based provider of aerospace, defence, and security technology, acquired Tesserent Ltd. for an undisclosed amount. This acquisition expands Thales' cybersecurity and IoT capabilities in Australia and New Zealand, enhancing its ability to secure critical infrastructure and IoT ecosystems. Tesserent Ltd. is an Australia-based provider of cybersecurity services for enterprises and government organisations.
Major companies operating in the iot managed services market are Cisco Systems Inc.; International Business Machines Corporation; HCL Technologies Limited; HARMAN International Industries Incorporated; Cognizant Technology Solutions Corporation; AT&T Inc.; Verizon Communications Inc.; Vodafone Group Plc; T-Mobile US Inc.; Ericsson AB; Orange Business Services; Deutsche Telekom AG; Sierra Wireless Inc.; Telit Communications PLC; Aeris Communications Inc.; KORE Wireless Group; Arm Ltd.; PTC Inc.; Microsoft Corporation; Amazon Web Services Inc.; Siemens Aktiengesellschaft; Robert Bosch GmbH; Dell Technologies Inc.; Hewlett Packard Enterprise Company; Oracle Corporation; Telstra Corporation Limited; Software Aktiengesellschaft; Wipro Limited; Accenture plc; Fujitsu Limited; NTT Data Corporation.
North America was the largest region in the IoT managed services market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the iot managed services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the iot managed services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tariffs are impacting the iot managed services market by increasing costs of imported servers, networking hardware, security appliances, and device management platforms that underpin managed service delivery. Enterprises in North America and Europe are most affected due to reliance on imported infrastructure equipment, while Asia-Pacific faces higher costs for service platform deployments. These tariffs are increasing service pricing and infrastructure investment requirements. However, they are also driving greater adoption of cloud-based delivery models, localized data center investments, and software-centric managed service offerings.
The iot managed services market research report is one of a series of new reports that provides iot managed services market statistics, including iot managed services industry global market size, regional shares, competitors with a iot managed services market share, detailed iot managed services market segments, market trends and opportunities, and any further data you may need to thrive in the iot managed services industry. This iot managed services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
IoT managed services refer to services that assist in the management of IoT environments, defining appropriate business strategies for digital transformation. They enable organizations to assemble the right mix of IoT products and solutions, providing systematic solutions to business problems, enhancing operational efficiency, and opening up new markets.
The main types of IoT managed services include infrastructure management services, security management services, network management services, data management services, and device management services. Security management services are particularly crucial as they form the foundation of an organization's cybersecurity strategy, locating and safeguarding its resources and procedures. These services are utilized by end-users in various sectors such as automotive and transport, IT and telecom, healthcare, BFSI, manufacturing, and others. Organizations of different sizes, including SMEs and large enterprises, benefit from these IoT managed services.
The IoT managed services market consists of revenues earned by entities by providing IoT connectivity management and IoT hardware solutions. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. IoT Managed Services Market Characteristics
3. IoT Managed Services Market Supply Chain Analysis
4. Global IoT Managed Services Market Trends and Strategies
5. IoT Managed Services Market Analysis of End Use Industries
7. Global IoT Managed Services Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global IoT Managed Services Total Addressable Market (TAM) Analysis for the Market
9. IoT Managed Services Market Segmentation
10. IoT Managed Services Market, Industry Metrics by Country
11. IoT Managed Services Market Regional and Country Analysis
12. Asia-Pacific IoT Managed Services Market
13. China IoT Managed Services Market
14. India IoT Managed Services Market
15. Japan IoT Managed Services Market
16. Australia IoT Managed Services Market
17. Indonesia IoT Managed Services Market
18. South Korea IoT Managed Services Market
19. Taiwan IoT Managed Services Market
20. South East Asia IoT Managed Services Market
21. Western Europe IoT Managed Services Market
22. UK IoT Managed Services Market
23. Germany IoT Managed Services Market
24. France IoT Managed Services Market
25. Italy IoT Managed Services Market
26. Spain IoT Managed Services Market
27. Eastern Europe IoT Managed Services Market
28. Russia IoT Managed Services Market
29. North America IoT Managed Services Market
30. USA IoT Managed Services Market
31. Canada IoT Managed Services Market
32. South America IoT Managed Services Market
33. Brazil IoT Managed Services Market
34. Middle East IoT Managed Services Market
35. Africa IoT Managed Services Market
37. IoT Managed Services Market Competitive Landscape and Company Profiles
38. IoT Managed Services Market Other Major and Innovative Companies
41. IoT Managed Services Market High Potential Countries, Segments and Strategies
42. Appendix
Executive Summary
IoT Managed Services Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses iot managed services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on end user analysis.
- Benchmark performance against key competitors based on market share, innovation, and brand strength.
- Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for iot managed services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The iot managed services market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Service Type: Infrastructure Management Services; Security Management Services; Network Management Services; Data Management Services; Device Management Services2) By End-Users: Automotive And Transport; Information Technology And Telecom; Healthcare; Banking, Financial Services, And Insurance (BFSI); Manufacturing; Other End-Users
3) By Organization Size: Small And Medium Enterprises; Large Enterprises
Subsegments:
1) By Infrastructure Management Services: Cloud Infrastructure Management; On-Premises Infrastructure Management2) By Security Management Services: Endpoint Security Management; Network Security Management; Data Security Management
3) By Network Management Services: Network Monitoring; Network Optimization; Network Configuration Management
4) By Data Management Services: Data Analytics; Data Storage And Backup; Data Integration
5) By Device Management Services: Device Provisioning; Device Monitoring; Firmware Management
Companies Mentioned: Cisco Systems Inc.; International Business Machines Corporation; HCL Technologies Limited; HARMAN International Industries Incorporated; Cognizant Technology Solutions Corporation; AT&T Inc.; Verizon Communications Inc.; Vodafone Group Plc; T-Mobile US Inc.; Ericsson AB; Orange Business Services; Deutsche Telekom AG; Sierra Wireless Inc.; Telit Communications PLC; Aeris Communications Inc.; KORE Wireless Group; Arm Ltd.; PTC Inc.; Microsoft Corporation; Amazon Web Services Inc.; Siemens Aktiengesellschaft; Robert Bosch GmbH; Dell Technologies Inc.; Hewlett Packard Enterprise Company; Oracle Corporation; Telstra Corporation Limited; Software Aktiengesellschaft; Wipro Limited; Accenture plc; Fujitsu Limited; NTT Data Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this IoT Managed Services market report include:- Cisco Systems Inc.
- International Business Machines Corporation
- HCL Technologies Limited
- HARMAN International Industries Incorporated
- Cognizant Technology Solutions Corporation
- AT&T Inc.
- Verizon Communications Inc.
- Vodafone Group Plc
- T-Mobile US Inc.
- Ericsson AB
- Orange Business Services
- Deutsche Telekom AG
- Sierra Wireless Inc.
- Telit Communications PLC
- Aeris Communications Inc.
- KORE Wireless Group
- Arm Ltd.
- PTC Inc.
- Microsoft Corporation
- Amazon Web Services Inc.
- Siemens Aktiengesellschaft
- Robert Bosch GmbH
- Dell Technologies Inc.
- Hewlett Packard Enterprise Company
- Oracle Corporation
- Telstra Corporation Limited
- Software Aktiengesellschaft
- Wipro Limited
- Accenture plc
- Fujitsu Limited
- NTT Data Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | February 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 93.8 Billion |
| Forecasted Market Value ( USD | $ 174.39 Billion |
| Compound Annual Growth Rate | 16.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 32 |
