IoT analytics is an application for analyzing the data generated from the IoT devices. The increase in the adoption of IoT devices from different industries for improving their productivity with the real-time monitoring and distribution of data is driving the global IoT analytics market. The IoT analytics are utilized in industrial verticals such as e-commerce, healthcare, manufacturing, retail, and others by analyzing the functionality of the products or systems from the data generated from these systems or devices.
MARKET DYNAMICS
The rising development of smart homes, smart cities, and smart factories are some of the major factors driving the growth of the IoT analytics market. Moreover, several government agencies across the globe are investing exceedingly in the development of smart cities, which also increase the necessity of IoT devices. Moreover, the increasing technological advancement is anticipated to boost the growth of the IoT analytics market.
MARKET SCOPE
The "Global IoT Analytics Market Analysis to 2028" is a specialized and in-depth study of the IoT analytics market with a special focus on the global market trend analysis. The report aims to provide an overview of IoT analytics market with detailed market segmentation by component, deployment. The global IoT analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IoT analytics market players and offers key trends and opportunities in the IoT analytics market.
MARKET SEGMENTATION
The global IoT analytics market is segmented on the basis of component, analytics type, deployment, application, industry vertical. On the basis of component, the market is segmented as software, service. On the basis of analytics type, the market is segmented as predictive analytics, prescriptive analytics, descriptive analytics. On the basis of deployment, the market is segmented as cloud, on-premises. On the basis of application, the market is segmented as energy management, predictive and asset management, inventory management, security and emergency management, sales and customer management, building automation, infrastructure management, remote monitoring, others. On the basis of industry vertical, the market is segmented as healthcare, government and defense, manufacturing, energy and utilities, telecommunication and IT, transportation and logistics, retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT analytics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting IoT analytics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the IoT analytics market in these regions.
MARKET PLAYERS
The reports cover key developments in the IoT analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from IoT analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT analytics market. Below mentioned is the list of few companies engaged in the IoT analytics market.
The report also includes the profiles of key IoT analytics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- IBM
- Amazon Web Services, Inc.
- Cisco Systems, Inc.
- Dell Technologies Inc.
- Hewlett-Packard
- Hitachi, Ltd
- Microsoft
- PTC Inc.
- SAP SE
- Teradata Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.