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The IoT connectivity management market will be worth more than US$31 billion by 2026, ABI Research projects. At the end of 2021, the global market for the sale of data transport and the management of this connectivity to original equipment manufacturers (OEMs), enterprises and municipalities was $12.14 billion.
As the adoption of the Internet of Things (IoT) continues to grow, orchestrating the operation of multiple devices across a variety of wireless carriers and connectivity technologies can become a daunting task. IoT connectivity management (CMP) platforms help enterprises monitor and control the network connections used in infrastructure of connected devices.
Internet of Things (IoT) networks involve hundreds or thousands of unique connections between embedded objects and dedicated servers, allowing them to share continuous observations, generate valuable data, and trigger actions across the IoT architecture. IoT connectivity management products provide a centralized view of these specified networks, their various subscription plans, and the flow of data between networks and distributed assets. They are primarily used by IT professionals and others involved in IoT network configuration, maintenance, and optimization.
Therefore, to qualify in the IoT Connectivity Management category, a product must:
The ABI Research study identified 62 companies supplying CMPs. Key players include Huawei, Cisco, Emnify, Avnet, ZTE Corporation, Aeris Communications, Comarch, KORE Wireless Group, HPE, Vodafone, and Ericsson.
Here are the top five critical factors to consider when selecting a connectivity management platform:
The key to IoT success at scale is to eliminate complexity. By selecting the right connectivity management platform, your organization can better manage devices, cellular technologies, and rates for optimal IoT deployment.