IoT Middleware Market to Reach USD 61.06 Billion by 2032, Driven by Expanding IoT Deployments and Advanced Connectivity Solutions | SNS Insider

GlobeNewswire On April 10, 2025 19:00 IST

The IoT Middleware Market is growing rapidly, driven by rising IoT adoption, smart city initiatives, industrial automation, and 5G expansion.

Pune, April 10, 2025 (GLOBE NEWSWIRE) — IoT Middleware Market Size Analysis:

“The IoT Middleware Market, valued at USD 15.4 billion in 2023, is projected to grow to USD 61.06 billion by 2032, registering a CAGR of 16.58% from 2024 to 2032.”

Get a Sample Report of IoT Middleware Market@ https://www.snsinsider.com/sample-request/6005

Major Players Analysis Listed in this Report are:

Microsoft (Azure IoT Hub, Azure Digital Twins)
IBM (IBM Watson IoT, IBM Maximo)
PTC (ThingWorx, Vuforia)
Cisco (IoT Control Center, Cisco Kinetic)
AWS (AWS IoT Core, AWS IoT Greengrass)
SAP (SAP Leonardo IoT, SAP Cloud Platform IoT)
Google (Google Cloud IoT, Google Cloud IoT Core)
Hitachi (Lumada, Hitachi Vantara)
Oracle (Oracle IoT Cloud, Oracle Integration Cloud)
HPE (HPE Edgeline, HPE GreenLake)
Bosch (Bosch IoT Suite, Bosch IoT Cloud)
Siemens (MindSphere, Siemens Industrial IoT)
GE (Predix, GE Digital)
Schneider Electric (EcoStruxure, Schneider Electric IoT)
Software AG (Cumulocity IoT, webMethods)
Aeris Communication (Aeris IoT Platform, Aeris Mobility Suite)
Salesforce (Salesforce IoT Cloud, Salesforce Einstein)
Atos (Atos Codex IoT, Atos Digital Transformation)
ClearBlade (ClearBlade IoT Platform, ClearBlade Edge)
Davra Networks (Davra IoT Platform, Davra Edge)
Axiros (Axiros AXCESS, Axiros AXPERIENCE)
Eurotech (Eurotech Everyware IoT, Eurotech IoT Edge)
Litmus Automation (Litmus Edge, Litmus Edge Connect)
Ayla Networks (Ayla IoT Platform, Ayla IoT Cloud)
SumatoSoft (SumatoSoft IoT Solutions, SumatoSoft Cloud Integration)
QiO Technologies (QiO IoT, QiO AI for Industry)
Particle Industries (Particle IoT Platform, Particle Device Cloud)
Exosite (Exosite IoT Platform, Exosite Device Management)

IoT Middleware Market Report Scope:

Report Attributes	Details
Market Size in 2023	USD 15.4 Billion
Market Size by 2032	USD 61.06 Billion
CAGR	CAGR of 16.58% From 2024 to 2032
Base Year	2023
Forecast Period	2024-2032
Historical Data	2020-2022
Key Regional Coverage	North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Key Growth Drivers	• Growing IoT Adoption Across Industries is Driving Demand for Middleware to Enable Seamless Connectivity, Data Management, and Operational Efficiency.

Do you have any specific queries or need any customization research on IoT Middleware Market, Make an Enquiry Now@ https://www.snsinsider.com/enquiry/6005

The market is expanding due to the widespread adoption of IoT across industries, increasing reliance on real-time data processing, and the rise of cloud-based platforms. Organizations seek efficient middleware solutions to enable seamless connectivity, device interoperability, and secure data management. The proliferation of smart cities, industrial automation, and edge computing further accelerates demand, as these technologies require robust middleware to integrate diverse IoT applications. Additionally, advancements in AI, 5G networks, and cybersecurity measures enhance the efficiency of IoT middleware, making it indispensable for businesses. As industries such as healthcare, manufacturing, and transportation increasingly adopt IoT, the need for scalable and secure middleware solutions continues to surge.

The U.S. IoT Middleware Market, valued at USD 3.98 billion in 2023, is projected to grow to USD 15.80 billion by 2032, registering a CAGR of 16.55% from 2024 to 2032.

The U.S. IoT Middleware Market is expanding due to the increasing adoption of IoT in industries such as healthcare, manufacturing, and smart infrastructure. The rising need for real-time data analytics, seamless device interoperability, and secure cloud integration is driving demand. Additionally, advancements in AI, 5G, and edge computing enhance middleware capabilities. Growing investments in smart cities, industrial automation, and cybersecurity further accelerate market growth, ensuring efficient, scalable, and secure IoT ecosystems across various sectors.

By Platform, Device Management Segment Leads IoT Middleware Market, Connectivity Management Segment to Grow at Fastest CAGR

The device management segment led the IoT Middleware Market in 2023, with approximately 38% of the total revenue share. Increased adoption of IoT across sectors has amplified the demand for smooth device provisioning, monitoring, and maintenance. Middleware solutions provide device security, firmware updates, and performance tuning, reducing downtime and improving operational efficiency. Increased complexity of multi-device ecosystems and the need for remote monitoring also cement the market leadership of the segment.

The connectivity management segment is expected to grow at the fastest CAGR of around 18.90% during the period 2024-2032, led by increasing demand for optimized network orchestration, low-latency communication, and IoT connectivity without interruptions. With fast-paced developments in 5G, LPWAN, and edge computing, enterprises need middleware solutions to handle network traffic, optimize bandwidth, and provide secure data transfer. Smart cities, industrial automation, and remote IoT applications further fuel adoption.

By Enterprise Size, Large Enterprises Drive IoT Middleware Market, SMEs to Register Fastest CAGR

Large enterprises led the IoT Middleware Market in 2023, with an estimated revenue share of approximately 63% due to their vast IoT installations, large IT expenditures, and advanced infrastructure. They need heavy-duty middleware capabilities to handle extensive IoT ecosystems with diverse locations, allowing for hassle-free connectivity, real-time processing of data, and security regulation. Their pioneering uses of AI, edge computing, and cloud platforms also create added momentum for the demand of premium middleware offerings.

Small and Medium Enterprises (SMEs) is expected to grow at the fastest CAGR of around 17.97% during the period from 2024 to 2032, fueled by growing IoT adoption for automation, efficiency, and cost reduction. Low-cost cloud-based middleware makes it possible for SMEs to implement IoT with little infrastructure outlay. Government incentives and industrial digitalization also drive adoption in smart manufacturing, logistics, and remote monitoring, with scalable IoT, edge computing, and AI-powered analytics driving fast market growth.

By Vertical, Manufacturing Industry Leads IoT Middleware Market, Healthcare Sector to Record Fastest CAGR

The manufacturing segment led the IoT Middleware Market in 2023, capturing approximately 31% of the overall revenue share because of extensive Industrial IoT (IIoT) usage for automation, predictive maintenance, and real-time monitoring. Middleware solutions are vital in integrating intelligent sensors, robotics, and AI-driven analytics to improve operational efficiency and lower costs. The growing need for smart factories and Industry 4.0 technologies also further consolidates the industry’s market leadership.

The healthcare sector is expected to register the fastest CAGR of about 19.84% during the period between 2024 and 2032, spurred by growing adoption of IoT in remote patient monitoring, telemedicine, and intelligent medical devices. Middleware solutions provide secure data transfer, system integration, and real-time health analytics for improved patient care. Increased demand for AI-based diagnostics, wearable health monitoring, and hospital automation, and stringent data security regulations fuel market growth.

IoT Middleware Market Segmentation:

By Platform

Device Management
Application Management
Connectivity Management
Security Management
Data Management

By Enterprise Size

Large Enterprises
Small And Medium Enterprises

By Vertical

Government & Defense
Manufacturing
BFSI
Transportation & Logistics
Energy & Utilities
Healthcare
Retail
Other Vertical

Buy an Enterprise-User PDF of IoT Middleware Market Analysis & Outlook 2024-2032@ https://www.snsinsider.com/checkout/6005

North America Leads IoT Middleware Market, Asia Pacific to Register Fastest CAGR

North America led the IoT Middleware Market in 2023, accounting for about 36% of overall revenue. The leading position of the region is influenced by its developed technology backbone, high penetration of IoT across all industries, and inorganic strength of key market players. Growing adoption of smart manufacturing, healthcare IoT, and industrial automation solutions lifts the demand for middleware. Early adoption of 5G, AI-based analytics, and cloud computing, as well as high levels of cybersecurity regulation, also strengthens its market leadership.

The Asia Pacific region is expected to grow at the fastest CAGR of about 18.95% during 2024-2032, driven by speedy industrialization, smart city projects, and growing IoT deployments in manufacturing and healthcare. Digital transformation initiatives supported by governments, increasing 5G penetration, and greater adoption of cloud-based IoT solutions fuel market growth. Growth in automotive IoT, consumer electronics, and smart infrastructure initiatives further boosts middleware demand to sustain the development rate of the region.

Table of Contents – Major Key Points

1. Introduction

2. Executive Summary

3. Research Methodology

4. Market Dynamics Impact Analysis

5. Statistical Insights and Trends Reporting

6. Competitive Landscape

7. IoT Middleware Market Segmentation, By Platform

8. IoT Middleware Market Segmentation, By Enterprise Size

9. IoT Middleware Market Segmentation, By Vertical

10. Regional Analysis

11. Company Profiles

12. Use Cases and Best Practices

13. Conclusion

Access Complete Report Details of IoT Middleware Market Analysis Report 2024-2032@ https://www.snsinsider.com/reports/iot-middleware-market-6005

[For more information or need any customization research mail us at info@snsinsider.com]

SNS Insider Offering/ Consulting Services:

Go To Market Assessment Service

Total Addressable Market (TAM) Assessment

Competitive Benchmarking and Market Share Gain

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company’s aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. IndiaShorts takes no editorial responsibility for the same.