IoT device management revenues to top $20.5b by 2023

Device management services for IoT are expected to generate revenues of $20.5 billion by 2023, according to new report released by ABI Research. ABI forecasts that IoT device management services – which include device provisioning, software and firmware updates, and device monitoring – will be a necessary component of any significant IoT solution moving forward, with 70% of revenues being generated within the industrial, automotive, and telematics verticals.

Read the source article at Telecom Asia

Categories: Fiber, IoT, Market Trends, SCN

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