Press Release

IoT Data Management Market is expected to grow at a CAGR of 11.87 % through 2030F

The Global IoT Data Management Market is expected to be led by the Smart Manufacturing segment due to its high adoption of IoT technologies for automation, analytics, and operational efficiency, during the forecast period 2026-2030F


According to TechSci Research report, “IoT Data Management Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F, The Global IoT Data Management Market was valued at USD 84.13 billion in 2024 and is expected to reach USD 164.88 billion by 2030 with a CAGR of 11.87% through 2030.

Artificial Intelligence and Machine Learning are transforming how organizations utilize IoT data, making integration with intelligent technologies a key driver of the Global IoT Data Management Market. These technologies enable organizations to automate pattern detection, improve forecasting, and extract insights from high-frequency data streams. However, AI models require vast volumes of clean, labeled, and well-organized data to function effectively—precisely the role that modern IoT data management platforms play.

IoT data is often noisy, incomplete, and generated at high velocity. Without robust preprocessing—such as filtering, normalization, and deduplication—machine learning models can produce inaccurate outcomes. As a result, enterprises are turning to platforms that offer seamless pipelines from data ingestion to AI model deployment, with tools that support real-time feedback loops and continuous learning. This synergy between data management and AI is expected to deepen, creating a flywheel of operational improvement and cost efficiency across sectors. Case studies from enterprise IT teams reveal that organizations integrating IoT data with artificial intelligence tools achieved a 31% boost in predictive model accuracy. Additionally, operational teams reported a 28% reduction in overall operating costs, thanks to automation driven by cleaner and better-managed data streams—showcasing the financial and functional value of data-ready infrastructure for machine learning.

Blockchain technology is emerging as a transformative force in the Global IoT Data Management Market, primarily due to its capabilities in ensuring data integrity, traceability, and decentralization. As IoT ecosystems become more complex and decentralized, the challenge of verifying the authenticity and source of data grows. Blockchain addresses this by creating immutable, time-stamped records of data transactions, ensuring that the origin, transmission, and modifications of data can be transparently audited.


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In the Global IoT Data Management Market, Smart Energy and Utilities emerged as the fastest-growing application segment in 2024 and is projected to maintain this growth momentum in the coming years. The rapid expansion is being driven by the global shift toward sustainable energy, smart grids, and improved utility infrastructure. As power providers and governments transition toward cleaner energy and more efficient distribution networks, there is an increasing reliance on IoT to collect, transmit, and analyze vast volumes of data from smart meters, sensors, and distributed energy systems.

IoT Data Management solutions are critical for managing energy load forecasting, predictive maintenance of grid assets, and demand-response mechanisms. Utilities are adopting cloud-based platforms and edge computing to process real-time data, reduce energy waste, and improve grid resilience. This data-centric transformation allows for enhanced energy optimization and more responsive service delivery, while also enabling consumers to better monitor and manage their energy usage. Additionally, regulatory pressures and sustainability targets are pushing utility companies to digitize their operations rapidly.

The integration of renewable energy sources like solar and wind, along with decentralized energy systems, further increases data complexity. This accelerates demand for scalable, secure, and intelligent data management platforms. As governments and private utilities invest heavily in digital grid infrastructure, the Smart Energy and Utilities segment is positioned to be a major growth engine within the overall IoT Data Management Market during the forecast period.

In 2024, the Asia Pacific region rapidly emerged as the fastest-growing market in the global IoT Data Management Market, driven by increasing digitalization across key sectors such as manufacturing, energy, transportation, and smart cities. Countries like China, India, Japan, and South Korea are witnessing a surge in IoT adoption fueled by government initiatives, large-scale infrastructure development, and expanding 5G networks. Enterprises in the region are prioritizing real-time data analysis and automation, creating strong demand for advanced IoT data management platforms. The region’s large population base and expanding industrial base provide a broad foundation for IoT applications. With supportive regulatory frameworks and ongoing investments in cloud and edge technologies, Asia Pacific is expected to sustain its rapid growth trajectory.


Key market players in the IoT Data Management Market are: -

  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Amazon.com, Inc.
  • SAP SE
  • Cisco Systems, Inc.
  • Google LLC
  • Hewlett Packard Enterprise Company


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“The Global IoT Data Management Market is poised for robust growth in the coming years, fueled by the exponential rise in connected devices, advancements in 5G, and growing enterprise demand for real-time data insights. Industries are increasingly adopting IoT-driven analytics, automation, and smart infrastructure, which require scalable and secure data management solutions. Cloud and edge computing will play a pivotal role in processing vast data volumes efficiently. Stricter data governance regulations and the need for predictive intelligence will push organizations to invest in advanced IoT data platforms. As a result, the market is expected to expand significantly across both developed and emerging regions.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

“IoT Data Management Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, By Component (Solutions, Services), By Deployment (On-premises, Cloud), By Application (Smart Energy and Utilities, Smart Manufacturing, Smart Healthcare, Smart Retail, Smart Mobility and Transportation, Building and Home Automation, Connected Logistics, Others), By Region & Competition, 2020-2030F has evaluated the future growth potential of IoT Data Management Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in IoT Data Management Market.

 

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IoT Data Management Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, By Component (Solutions, Services), By Deployment (On-premises, Cloud), By Application (Smart Energy and Utilities, Smart Manufacturing, Smart Healthcare, Smart Retail, Smart Mobility and Transportation, Building and Home Automation, Connected Logistics, Others), By Region, By Competition 2020-2030F

ICT | Jun, 2025

The Global IoT Data Management Market is increasing due to the exponential growth of connected devices generating massive data volumes requiring real-time processing, secure storage, and intelligent analytics for business insights, during the forecast period 2026-2030.

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