Product Code: GVR-3-68038-913-5
Field Device Management Market Growth & Trends:
The global field device management market size is estimated to reach USD 2.70 billion by 2030, registering a CAGR of 6.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. Field device management allows the user to configure, commission, maintain, and diagnose the field devices remotely with a secure and user-friendly centralized access. It helps in providing all the information and real-time status of the concerned equipment and eliminates the need for multiple software tools. Due to its centralized equipment procurement with improved security, it is highly demanded in the development of industry 4.0 and smart factories. With the emergence of IoT and digitalization, the development of industry 4.0 has been boosted significantly, which directly fuels the growth of the market.
With the increasing awareness for industry 4.0, field device management has become an essential segment considerably since it helps to improve the lifecycle management and multi-platform support. In addition, it provides wireless expense management, which reduces operational and maintenance costs. With the surge in industrial automation and smart factories, FDM is being adopted rapidly in mobile equipment management solutions. It provides centralized control and monitoring of the device fleet in a warehouse environment or any distribution center, which is one of the major factors influencing the market's growth in the world of distributed systems.
Since FDM lays the foundation for deployment and management of mobile equipment and applications remotely, it provides business mobility to the organizations to drive high productivity. The required automation efficiency fuels the demand for FDM in automation tasks, which include automated cost management and invoicing, installation of a large CNC machine, among many other tasks. The increasing investments for IIoT solutions development by automation companies have come up with an opportunity for the market to grow effectively. The manufacturers' focus shift towards reducing the operational and maintenance costs along with providing highly effective mobile device management solutions is driving the market's growth directly.
Field Device Management Market Report Highlights:
- Considerable surge in industry 4.0 and smart factories development will create wide potential for manufacturers in the market
- Based on offering, the hardware segment held the largest revenue share of 62.7% in 2024 and is expected to maintain its position in the coming years
- In 2024, the on-premise segment accounted for a larger revenue share in the global market.
- By industry, the process industry segment accounted for the largest revenue share in 2024 and is further expected to advance at the fastest CAGR during the forecast period.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Field Device Management Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Field Device Management Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. Field Device Management Market: Offering Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Field Device Management Market: Offering Movement Analysis, USD Million, 2024 & 2030
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. Field Device Management Market: Deployment Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Field Device Management Market: Deployment Movement Analysis, USD Million, 2024 & 2030
- 5.3. Cloud
- 5.3.1. Cloud Deployment Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. On-premise
- 5.4.1. On-premise Deployment Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Field Device Management Market: Industry Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Field Device Management Market: Industry Movement Analysis, USD Million, 2024 & 2030
- 6.3. Discrete Industry
- 6.3.1. Discrete Industry Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.3.2. Manufacturing
- 6.3.2.1. Manufacturing Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.3.3. Automotive
- 6.3.3.1. Automotive Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.3.4. Aerospace & Defense
- 6.3.4.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4. Process Industry
- 6.4.1. Process Industry Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.2. Energy & Utilities
- 6.4.2.1. Energy & Utilities Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.3. Pharmaceuticals
- 6.4.3.1. Pharmaceuticals Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.4. Oil & Gas
- 6.4.4.1. Oil & Gas Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.5. Chemicals
- 6.4.5.1. Chemicals Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.6. Food & Beverages
- 6.4.6.1. Food & Beverages Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.7. Metals & Mining
- 6.4.7.1. Metals & Mining Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4.8. Others
- 6.4.8.1. Other Process Industries Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 7. Field Device Management Market: Regional Estimates & Trend Analysis
- 7.1. Field Device Management Market Share, By Region, 2024 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.2. U.K.
- 7.3.2.1. U.K. Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.2. UAE
- 7.6.2.1. UAE Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.3. Saudi Arabia
- 7.6.3.1. Saudi Arabia Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Field Device Management Market Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. ABB
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. Emerson Electric Co.
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. Siemens
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Honeywell International Inc.
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. Rockwell Automation
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. Yokogawa Electric Corporation
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. FANUC CORPORATION
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. Metso
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. Valmet
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. Schneider Electric
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives
- 8.4.11. Azbil Corporation
- 8.4.11.1. Participant's Overview
- 8.4.11.2. Financial Performance
- 8.4.11.3. Product Benchmarking
- 8.4.11.4. Strategic Initiatives
- 8.4.12. Hamilton Company
- 8.4.12.1. Participant's Overview
- 8.4.12.2. Financial Performance
- 8.4.12.3. Product Benchmarking
- 8.4.12.4. Strategic Initiatives
- 8.4.13. Phoenix Contact
- 8.4.13.1. Participant's Overview
- 8.4.13.2. Financial Performance
- 8.4.13.3. Product Benchmarking
- 8.4.13.4. Strategic Initiatives
- 8.4.14. OMRON Corporation
- 8.4.14.1. Participant's Overview
- 8.4.14.2. Financial Performance
- 8.4.14.3. Product Benchmarking
- 8.4.14.4. Strategic Initiatives
- 8.4.15. Mitsubishi Electric Corporation
- 8.4.15.1. Participant's Overview
- 8.4.15.2. Financial Performance
- 8.4.15.3. Product Benchmarking
- 8.4.15.4. Strategic Initiatives