IoT Data Management Industry Competitive Landscape and Industry Analysis 2030
The global IoT data management market size is anticipated to reach USD 170.66 billion by 2030 and is expected to expand at a CAGR of 12.0% during the forecast period, according to a new report by Grand View Research, Inc. The market is driven by the explosive proliferation of connected devices across industries and the resulting surge in data volumes. As organizations increasingly deploy IoT sensors and systems for real-time monitoring, automation, and analytics, robust data management solutions have become paramount. These platforms enable efficient collection, storage, integration, and analysis of vast datasets, allowing businesses to extract actionable insights and optimize operations. There is a growing emphasis on data security and regulatory compliance. With sensitive information flowing through IoT networks, enterprises invest in secure data management frameworks to ensure integrity, privacy, and adherence to evolving standards. Integrating artificial intell...