Global Iot Middleware Market Size & Outlook, 2024-2030

The global iot middleware market size was estimated at USD 19.1 million in 2024 and is projected to reach USD 43.6 million by 2030, growing at a CAGR of 14.7% from 2025 to 2030.
Revenue, 2024 (US$M)
$19.1
Forecast, 2030 (US$M)
$43.6
CAGR, 2025 - 2030
14.7%
Report Coverage
Worldwide

Global iot middleware market, 2018-2030 (US$M)

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Global iot middleware market highlights

  • The global iot middleware market generated a revenue of USD 19.1 million in 2024 and is expected to reach USD 43.6 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 14.7% by 2030.
  • In terms of segment, device management accounted for a revenue of USD 19.1 million in 2024.
  • Device Management is the most lucrative platform segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.

Global data book summary

Market revenue in 2024USD 19.1 million
Market revenue in 2030USD 43.6 million
Growth rate14.7% (CAGR from 2025 to 2030)
Largest segmentDevice management
Fastest growing segmentDevice Management
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDevice Management

Other key industry trends

  • In terms of revenue, the North America accounted for 35.2% of the global iot middleware market in 2024.

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IoT Middleware Market Companies

Name Profile # Employees HQ Website
Software AG View profile 1001-5000 Darmstadt, Hessen, Germany, Europe http://www.softwareag.com
PTC Inc View profile 7231 121 Seaport Boulevard, Boston, MA, United States, 02210 https://www.ptc.com
Robert Bosch Engineering & Business Solutions View profile 10001+ Bangalore, Karnataka, India, Asia http://www.bosch-india-software.com
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
SAP SE View profile 107602 Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 https://www.sap.com
Alphabet Inc Class A View profile 180895 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 https://www.abc.xyz
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
Hitachi Ltd View profile 322525 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 http://www.hitachi.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com
Amazon.com Inc View profile 1525000 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 https://www.amazon.com

Global iot middleware market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot middleware market will help companies and investors design strategic landscapes.


Device management was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Global iot middleware market based on device management covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global IoT Middleware Platform Outlook (Revenue, USD Million, 2018-2030)
    • Device Management
    • Application Management
    • Connectivity Management
    • Data Management
    • Security Management
  • Global IoT Middleware Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprises
    • Small & Medium Enterprises
  • Global IoT Middleware Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
    • Education
    • IT & Telecom
    • BFSI
    • Healthcare
    • Retail & Consumer Goods
    • Energy & Utilities
    • Tourism & Hospitality
    • Other Industry Vertical
    • Agriculture
    • Automotive & Transportation
    • Government & Defense
    • Manufacturing

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Target buyers of Global iot middleware market databook

  • Our clientele includes a mix of iot middleware market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global iot middleware market , including forecasts for subscribers. This global databook contains high-level insights into Global iot middleware market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global iot middleware market size, by regions, 2018-2030 (US$M)

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