Press release
IOT Analytics Market is expected to raise USD 18 billion by 2022 with CAGR of 25%
Growing penetration of connected devices and the sudden outburst of data from IoT- enabled devices have shown a significant growth in the Internet of Things (IoT) analytics market. The IoT analytics tools have a unique role in various industry verticals such as manufacturing, healthcare, energy and utilities, retails and others. The basic factor for the growth of this market is the increasing number of IoT- enabled smart connected devices and sensor, which releases a large amount of heterogeneous data simultaneously. Furthermore, the shifting interests towards cloud deployment, predictive analytics for business, end-to-end automation, and consumer-friendly IoT analytics platform are some other factors driving this market and creating value in the market.
Globally the market for IOT Analytics market is expected to grow at the rate of more than 25% from 2016 to 2022.
Major Key Players
• PTC (U.S.)
• IBM corporation (U.S.)
• Intel Corporation (U.S.)
• Accenture PLC (Ireland)
• Capgemini (France)
• Cisco Systems (U.S.)
• Nokia Networks (Finland)
• SAP SE (Germany)
• AGT International (Switzerland)
• Mnubo Inc. (Canada)
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Target Audience:
• OEMs
• System integrators
• Entertainment industry
• Education industry
• Research and consulting firms
• Small and large enterprises
• Government agencies
Industry News
Major industries such as Accenture PLC, Capgemini, and PTC among various other organizations is making innovative development in the field of IOT Analytics and thereby providing their services to the end-consumers.
The basic factor for the growth of this market is the increasing number of IoT- enabled smart connected devices and sensor, which releases a large amount of heterogeneous data simultaneously. Furthermore, the shifting interests towards cloud deployment, predictive analytics for business, end-to-end automation, and consumer-friendly IoT analytics platform are some other factors driving this market and creating value in the market.
Test the market data and market information presented through more than 50 market data tables and figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global IOT Analytics Market Research Report- Forecast to 2022”
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Study Objective of IOT Analytics Market:
• To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global IOT Analytics Market.
• To provide insights about factors affecting the market growth.
• To analyze the IOT Analytics Market based on various factors- porters five force analysis, mega trend analysis, macroeconomic indicators etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment by application platform, by solution, by deployment, by vertical and sub-segments.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global IOT Analytics Market.
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Regional Analysis of IOT Analytics Market:
North America is dominating the Global IOT Analytics Market with the largest market share in the region due to high market penetration of connected devices and presence of major IT industries and therefore is expected to grow with highest revenue by 2022. IOT Analytics Market in Asia-Pacific market is expected to grow at with a highest CAGR as high adoption of IoT-enabled devices has projected strong growth in countries such as India and China among others in the region.
Segments for IOT Analytics Market:
Segmentation by Application Platform
• Building Automation
• Energy Management
• Inventory Management
• Infrastructure Management
• Remote Monitoring among others
Segmentation by Solutions
• Gateway Analytics
• Sensors
Segmentation by Deployment
• on Premises
• On Cloud
Segmentation by Vertical
• Government
• Healthcare
• Financial Services
• Retail
• Manufacturing
• Energy and utilities
• Transportation
• Logistics
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Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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