Device management services, which include device provisioning, software and firmware updates, and device monitoring, will generate revenues of US$20.5 billion by 2023.
IoT Playbook Insight: Device management services will grow to $20.5 billion by 2023, mostly in industrial, automotive, and telematics, according to a release from ABI Research. These areas will account for 70% of the planned growth, so choose your veriticals accordingly.