IoT Managed Services Market Report 2026
IoT Managed Services Market Report 2026
Global Outlook – By Service Type (Infrastructure Management Services, Security Management Services, Network Management Services, Data Management Services, Device Management Services), By End-Users (Automotive And Transport, Information Technology And Telecom, Healthcare, Banking, Financial Services, And Insurance (BFSI), Manufacturing, Other End-Users), By Organization Size (Small And Medium Enterprises, Large Enterprises) – Market Size, Trends, Strategies, and Forecast to 2035
IoT Managed Services Market Overview
• IoT Managed Services market size has reached to $80.08 billion in 2025 • Expected to grow to $174.39 billion in 2030 at a compound annual growth rate (CAGR) of 16.8% • Growth Driver: Rapid Growth In IoT Managed Services Fueled By Automotive, Electronics, And Telecom Industries • Market Trend: Major Companies In The Abrasives Market Are Forming Strategic Partnerships • North America was the largest region in 2025.
What Is Covered Under IoT Managed Services Market?
The IoT managed services are services that aid in IoT environment management. It defines a suitable business strategy for digital transformation and enables organizations to bring together the right mix of IoT products and solutions. IoT managed services offer systematic solutions to business problems, boost operational efficiency, and open up new markets. The main type of IoT managed services are infrastructure management services, security management services, network management services, data management services, and device management services. Security management services are used to provide a foundation for an organization’s cybersecurity strategy. Security managed services locate and safeguard a company’s or group’s resources and procedures. The end-users using these services are automotive & transport, IT & telecom, healthcare, BFSI manufacturing, and others, and different organization size are SMEs and large enterprises.
What Is The IoT Managed Services Market Size and Share 2026?
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.What Is The IoT Managed Services Market Growth Forecast?
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.Global IoT Managed Services Market Segmentation
1) By Service Type: Infrastructure Management Services, Security Management Services, Network Management Services, Data Management Services, Device Management Services 2) 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 Management 2) 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 ManagementWhat Is The Driver Of The IoT Managed Services Market?
The increasing use of IoT managed services solutions in the automotive, electronic goods, and information and telecommunications industries will propel the growth of the IoT managed services market. The primary factors boosting the IoT managed services are the present long-term evolution (LTE) deployment and technical developments in numerous areas. IoT-managed services are widely used in the automotive, consumer electronics, and telecom industries. 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 surge in connected devices is driving the growth of the IoT managed services industry.Key Players In The Global IoT Managed Services Market
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 CorporationGlobal IoT Managed Services Market Trends and Insights
Major companies operating in the abrasives market are adopting a strategic partnership approach to expand in the market. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in May 2023, NTT Ltd., a US-based IT infrastructure and services company, and Cisco Systems Inc., a US-based technology company, announced a collaboration to develop and deploy integrated solutions that empower organisations to increase operational efficiencies and advance sustainability goals. Through predictive maintenance, asset tracking, and supply chain management capabilities, solutions developed by the two companies will leverage NTT's Edge as a Service portfolio and Cisco's IoT capabilities to provide real-time data insights, enhanced security, improved decision-making, and lower operational costs.What Are Latest Mergers And Acquisitions In The IoT Managed Services Market?
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 services and expertise 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.Regional Insights
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 this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, SpainWhat Defines the IoT Managed Services Market?
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.How is Market Value Defined and Measured?
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.What Key Data and Analysis Are Included in the IoT Managed Services Market Report 2026?
The iot managed services market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the iot managed services industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.IoT Managed Services Market Report Forecast Analysis
| Report Attribute | Details |
|---|---|
| Market Size Value In 2026 | $93.8 billion |
| Revenue Forecast In 2035 | $174.39 billion |
| Growth Rate | CAGR of 17.1% from 2026 to 2035 |
| Base Year For Estimation | 2025 |
| Actual Estimates/Historical Data | 2020-2025 |
| Forecast Period | 2026 - 2030 - 2035 |
| Market Representation | Revenue in USD Billion and CAGR from 2026 to 2035 |
| Segments Covered | Service Type, End-Users, Organization Size |
| Regional Scope | Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa |
| Country Scope | The countries covered in the report are Australia, Brazil, China, France, Germany, India, ... |
| Key Companies Profiled | 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 |
| Customization Scope | Request for Customization |
| Pricing And Purchase Options | Explore Purchase Options |
Frequently Asked Questions
The IoT Managed Services Market Report 2026 market was valued at $80.08 billion in 2025, increased to $93.8 billion in 2026, and is projected to reach $174.39 billion by 2030.
request a sample hereThe expected CAGR for the IoT Managed Services Market Report 2026 market during the forecast period 2025–2030 is 16.8%.
request a sample hereMajor growth driver of the market includes: Rapid Growth In IoT Managed Services Fueled By Automotive, Electronics, And Telecom Industries in the IoT Managed Services Market Report 2026 market. For further insights on this market,
request a sample hereThe iot managed services market covered in this report is segmented –
1) By Service Type: Infrastructure Management Services, Security Management Services, Network Management Services, Data Management Services, Device Management Services
2) 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 Management
2) 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
request a sample here1) By Service Type: Infrastructure Management Services, Security Management Services, Network Management Services, Data Management Services, Device Management Services
2) 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 Management
2) 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
Major trend in this market includes: Major Companies In The Abrasives Market Are Forming Strategic Partnerships For further insights on this market,
request a sample hereMajor companies operating in the IoT Managed Services Market Report 2026 market are 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
request a sample hereNorth 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.
request a sample here