IoT Analytics Market 2018: Industry Expected To Experience A Positive Growth Before 2025

The Global IoT Analytics Market was valued at USD 5.56 billion in 2016 and is projected to reach USD 65.6 billion by 2025, growing at a CAGR of 31.54% from 2017 to 2025.

The Internet of Things analytics is a term used to describe the examination of the information that is obtained from the Internet of Things. The internet of things can be defined as a system of devices or machines that are correlated by their capacity to transfer information over a network without the need of intervention from humans. The internet of things analytics involves the use of various procedures and tools in order to obtain value from the enormous amounts of data that is retrieved from the Internet of things machines and devices.

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The Internet of things analytics is an application that can be applied to several industries. The internet of things application provides advantages such as the ability to effectively manage information, which especially comes into play in the healthcare, industrial as well as the retail industries. Factors that are driving the market for the internet of things analytics is the time efficiency, the cost-effectiveness of the analytics solution whereas factors such as the time-consuming implementation as well as the concerns for security are restraining the market’s growth.

The “Global IoT Analytics Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such Cisco Systems, IBM Corporation, SAP, Oracle, Microsoft, Google, Dell Technologies, Salesforce.Com, Amazon Web Services, Mnubo, HPE, Teradata, Hitachi, Greenwave Systems, PTC. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

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