The global IoT data management market size is anticipated to reach USD 170.66 billion by 2030 and is expected to expand at a CAGR of 12.0% during the forecast period, according to a new report by Grand View Research, Inc. The market is driven by the explosive proliferation of connected devices across industries and the resulting surge in data volumes.

As organizations increasingly deploy IoT sensors and systems for real-time monitoring, automation, and analytics, robust data management solutions have become paramount. These platforms enable efficient collection, storage, integration, and analysis of vast datasets, allowing businesses to extract actionable insights and optimize operations.

There is a growing emphasis on data security and regulatory compliance. With sensitive information flowing through IoT networks, enterprises invest in secure data management frameworks to ensure integrity, privacy, and adherence to evolving standards. Integrating artificial intelligence and machine learning into IoT data management further enhances predictive capabilities, enabling smarter decision-making and proactive maintenance strategies.

Moreover, the rise of smart manufacturing, smart cities, and connected healthcare is accelerating demand for scalable and flexible data infrastructure. These applications require seamless data orchestration across diverse endpoints, which IoT data management platforms are uniquely positioned to deliver. As digital transformation continues to reshape industries, the strategic importance of managing IoT-generated data effectively will only intensify, fueling sustained market expansion through the end of the decade.

Further key findings from the report suggest:

• By component, the solutions segment dominated the market with a revenue share of over 64% in 2024.
• By organization size, the small and medium enterprises segment is expected to witness the fastest CAGR from 2025 to 2030.
• By application, the smart manufacturing segment accounted for the largest market share in 2024.
• By deployment, the public cloud segment held the largest market share in 2024, driven by the rapid proliferation of IoT devices and the need for flexible and low-cost data management infrastructure.
• North America IoT data management industry held the largest share of over 35% in 2024.
• The U.S. IoT data management industry held the largest market share of 84% in 2024.

Order a free sample PDF of the IoT Data Management Market Intelligence Study, published by Grand View Research.