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This article discusses the latest research report on the IoT Device Management market, which includes a detailed examination of the business state, key regions, and growth rate. The global IoT device management market is expected to reach US$ 29.5 billion by 2032, with a compound annual growth rate (CAGR) of 30.2% during the forecast period. Factors such as the rise in adoption of IoT devices and demand for data privacy and security are driving market growth, while inconsistencies in IoT standards for compatibility may hinder growth. The adoption of cloud-based devices is expected to offer lucrative opportunities for the market.
