IIoT Data Collection and Device Management Platform Market, By Platform Type, By Deployment Type, By Application, By End Use Industry, By Country, and By Region - Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032
IIoT Data Collection and Device Management Platform Market size was valued at US$ 16,830.29 Million in 2024, expanding at a CAGR of 11.20% from 2025 to 2032.
The Industrial IoT (IIoT) Data Collection and Device Management Platform market is experiencing significant growth, driven by the increasing need for real-time operational insights, predictive maintenance, and enhanced automation across industrial sectors. These platforms play a critical role in collecting, managing, and analyzing data from a wide range of connected industrial assets, including sensors, machinery, and control systems. Industries such as manufacturing, energy, transportation, and utilities are rapidly adopting IIoT platforms to improve efficiency, reduce downtime, and enable data-driven decision-making. The growing demand for edge computing, secure connectivity, and scalable data management solutions is further fueling innovation and investment in this space. Moreover, the shift toward open standards and interoperable architectures is enabling easier integration with legacy systems and third-party applications. Challenges such as data privacy concerns, high implementation costs, and the complexity of industrial environments continue to pose barriers.
IIoT Data Collection and Device Management Platform Market- Market Dynamics
Growing adoption of Industry 4.0 technologies
The market for IIOT data collecting and device management platforms is predicted to be propelled by the growing acceptance of Industry 4.0 technologies. To improve operational efficiency, optimize production processes, and minimize downtime, businesses are combining cutting-edge analytics, machine learning, and artificial intelligence. In industries like heavy equipment, aerospace, and automobiles, where accuracy and dependability are of the utmost importance, this trend is especially noticeable. For instance, DHIS2 is a free, open-source platform widely used for health data collection and management. As of late 2022, it is deployed at national scale in 69 countries, and in use across 75+ low- and middle-income countries. The need for reliable data collection and device management solutions is being driven by the movement towards smart factories and digital twins, which allow for real-time monitoring and predictive maintenance.
IIoT Data Collection and Device Management Platform Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 11.20% over the forecast period (2025-2032)
Based on Platform Type segmentation, Cloud-Based was predicted to show maximum market share in the year 2024
Based on Application segmentation, Predictive Maintenance was the leading Application in 2024
Based on End Use Industry segmentation, Manufacturing was the leading End Use Industry in 2024
On the basis of region, Asia Pacific was the leading revenue generator in 2024
IIoT Data Collection and Device Management Platform Market- Segmentation Analysis:
The Global IIoT Data Collection and Device Management Platform Market is segmented on the basis of Platform Type, Deployment Type, Application, End Use Industry, and Region.
The market is divided into three categories based on Platform Type: Cloud-Based, On-Premises and Hybrid. Cloud-based is dominant because of its scalability, flexibility, and cost-effectiveness, the cloud sector generated the most revenue in the market in 2023. Cloud platforms are increasingly being used by companies in a variety of industries to store, process, and analyze the massive amount of data produced by IIOT devices. Cloud solutions have gained popularity largely because of the ability to access data and applications from any location and the decreased need for on-premises infrastructure. Furthermore, innovations in cloud technology, such as better data analytics capabilities and greater security features, have boosted the industry in the marketplace.
The market is divided into four categories based on Application: Predictive Maintenance, Asset Management, Remote Monitoring and Supply Chain Management. Predictive Maintenance is growing segment. This market includes a number of crucial sectors, with a focus on Remote Monitoring, Asset Management, Predictive Maintenance, and Supply Chain Management, all of which are essential to boosting operational efficiency. Predictive maintenance is essential for reducing downtime and maximizing asset performance, which ultimately helps businesses save money. In order to guarantee maximum utilization, asset management remains crucial as firms place an increasing emphasis on monitoring and managing their physical and digital assets.
IIoT Data Collection and Device Management Platform Market- Geographical Insights
The market share of the IIoT data collection and device management platform in the Asia Pacific region is also predicted to increase. Manufacturers in the area are leading the market because they adopted technology early. This regional market is expanding due to rising demand from a number of end-use industries, including oil and gas, electricity generation, and food processing security. The market is expanding due to both the expanding population and rising incomes. The expansion of their production capabilities and product portfolios, along with the surge in investments by major market participants in their R&D initiatives, is predicted to boost the growth. Technological advancements are facilitating the growth of regional markets.
IIoT Data Collection and Device Management Platform Market- Competitive Landscape:
The IIoT Data Collection and Device Management Platform Market is characterized by intense competition among both global and local players, driven by the accelerated adoption of industrial automation and Industry 4.0 practices. Companies in this space provide integrated platforms that enable efficient data gathering from numerous industrial sensors and equipment, supporting a variety of data collection methods such as polling, event-driven, and streaming, all facilitated through secure, reliable IoT gateways. In November 2023, Banner Engineering launched its Monitoring Solutions suite-offerings like Asset Monitoring Gateways (wired or wireless) designed for simplified deployment across up to 40 sensors. These aim to facilitate predictive maintenance and real-time operational oversight without requiring programming. These platforms support a large ecosystem of communication protocols, including MQTT, HTTP, Modbus, OPC UA, and proprietary options, allowing seamless connection of legacy machines along with modern IoT devices to cloud or on-premise environments. Industrial operators and enterprises procure these solutions through direct sales, channel partners, system integrators, and increasingly via subscriptions and software-as-a-service models.
Recent Developments:
In February 2021, in order to capitalize on the real-time potential of industrial IoT data, Siemens, IBM, and Red Hat collaborated to create a hybrid cloud model that is open, flexible, and extremely secure, and that is designed specifically to meet the needs of manufacturers and plant operators. This partnership enables Siemens Digital Industries Software to extend MindSphere's deployment possibilities by integrating IBM's open hybrid cloud approach, which is based on Red Hat OpenShift.
In February 2022, StreamSets, a key data integration competitor for the contemporary data stack, was bought by Software AG. By adding a sizable and quickly growing SaaS and subscription firm, this strategic action greatly enhances Software AG's portfolio.
In February 2021, to maximize the real-time potential of industrial IoT data, Siemens, IBM, and Red Hat worked together to utilize a hybrid cloud model designed to offer manufacturers and plant operators an open, flexible, and extremely secure solution. With this partnership, Siemens Digital Industries Software extends the deployment options for MindSphere by integrating IBM's open hybrid cloud approach, which is based on Red Hat OpenShift.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL IIOT DATA COLLECTION AND DEVICE MANAGEMENT PLATFORM MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
GE Digital
Siemens
Schneider Electric
Toshiba
Hitachi
Cisco
PTC
Rockwell Automation
SAP
Honeywell
Emerson
Oracle
ABB
IBM
Others
GLOBAL IIOT DATA COLLECTION AND DEVICE MANAGEMENT PLATFORM MARKET, BY PLATFORM TYPE- MARKET ANALYSIS, 2019 - 2032
Cloud-Based
On-Premises
Hybrid
GLOBAL IIOT DATA COLLECTION AND DEVICE MANAGEMENT PLATFORM MARKET, BY DEPLOYMENT TYPE- MARKET ANALYSIS, 2019 - 2032
Public Cloud
Private Cloud
Edge Computing
GLOBAL IIOT DATA COLLECTION AND DEVICE MANAGEMENT PLATFORM MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Predictive Maintenance
Asset Management
Remote Monitoring
Supply Chain Management
GLOBAL IIOT DATA COLLECTION AND DEVICE MANAGEMENT PLATFORM MARKET, BY END USE INDUSTRY- MARKET ANALYSIS, 2019 - 2032
Manufacturing
Oil and Gas
Energy and Utilities
Transportation and Logistics
GLOBAL IIOT DATA COLLECTION AND DEVICE MANAGEMENT PLATFORM MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Sweden
Russia
Poland
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Thailand
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA
Table of Contents
1. IIoT Data Collection and Device Management Platform Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. IIoT Data Collection and Device Management Platform Market Snippet by Platform Type
2.1.2. IIoT Data Collection and Device Management Platform Market Snippet by Deployment Type
2.1.3. IIoT Data Collection and Device Management Platform Market Snippet by Application
2.1.4. IIoT Data Collection and Device Management Platform Market Snippet by End Use Industry
2.1.5. IIoT Data Collection and Device Management Platform Market Snippet by Country
2.1.6. IIoT Data Collection and Device Management Platform Market Snippet by Region
2.2. Competitive Insights
3. IIoT Data Collection and Device Management Platform Key Market Trends
3.1. IIoT Data Collection and Device Management Platform Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. IIoT Data Collection and Device Management Platform Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. IIoT Data Collection and Device Management Platform Market Opportunities
3.4. IIoT Data Collection and Device Management Platform Market Future Trends
4. IIoT Data Collection and Device Management Platform Industry Study
4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. IIoT Data Collection and Device Management Platform Market: Impact of Escalating Geopolitical Tensions
5.1. Impact of COVID-19 Pandemic
5.2. Impact of Russia-Ukraine War
5.3. Impact of Middle East Conflicts
6. IIoT Data Collection and Device Management Platform Market Landscape
6.1. IIoT Data Collection and Device Management Platform Market Share Analysis, 2024
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players' Analysis
6.2.2. Emerging Players' Analysis
7. IIoT Data Collection and Device Management Platform Market - By Platform Type