Press release
IOT Analytics Market Applications Growth Analysis, Size, Growth, Trends, Segmentation, Opportunities, and Forecasts to 2022
The report on the global IOT Analytics market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.Market Highlights:
The Market Research Future (MRFR)’s report states details on growing IoT analytics market during the forecast period (2016-2022). The penetration of connected devices and upsurge of data processing from IoT enabled devices ignited the IoT analytics market growth substantially. The reports include that the global IoT analytics market is set to achieve and exceed 25% CAGR from 2016-2022.
The internet of things (IoT) is extensively used in various sectors which includes healthcare, energy, and utilities, retails and many others. The tools used for analytics such as IoT-enabled smart connected devices and sensors releases heterogenous data is one primary factor for the growth of the market.
Business enterprises are now shifting interests towards deployment of cloud-based technology, coming up with predictive analytics for business mechanisms, end-to-end automation, and at last consumer-friendly IoT analytics platform. These are also some engaging factors that are driving the IoT analytics market and creating substantial valuation on a global level.
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Major Key Players
• International Business Machines Corporation (U.S.),
• Intel Corporation (U.S.),
• SAP SE (Germany),
• Accenture PLC (Ireland),
• Capgemini (France),
• PTC (U.S.),
• Mnubo Inc. (Canada),
• Cisco Systems (U.S.),
• Nokia Networks (Finland),
• Pentaho (U.S),
• AGT International (Switzerland),
According to MRFR, The Globally IOT Analytics market is expected to grow at the rate of more than ~25% from 2016 to 2022.
Competitive Outlook
EcoEnergy Insights is an IoT expert has developed a customized program for the American West Restaurant Group (AWRG) chain in California and Utah. The software had successfully reduced the energy consumption of the restaurant by 15% a month.
Verimatrix’s Verspective Intelligence is a program that is designed exclusively for video service providers for customer viewing experience and engagement. It has improved their video service delivery which can help them with increased revenue.
March 2018: IBM launched private IoT analytics cloud platform which involves the same features of public cloud for the data centre which is likely to foster the number of consumers for the company and bring high influx of revenue.
Segmentation
The global IoT analytics market is segmented by application platform, solutions, deployment, and vertical.
By application platform, the market is segmented into building automation, energy management, inventory management, infrastructure management and remote monitoring among others.
Solution-based segmentation includes gateway analytics and sensors.
Deployment-wise segmentation consists on-premises and on-cloud. On-cloud is gaining traction, and the near future, it can become the market leader.
Based on verticals, the market comprises government, healthcare, financial services, retail, manufacturing, energy and utilities, transportation and logistics, and others.
Regional Analysis:
Region-based segmentation of the market envelops namely North America, Europe, Asia Pacific, and the Middle East & Africa.
North America has the market under its control as it generates the maximum and is expected to do so in the near future. The market can give credit to well-structured industries for such overwhelming control. The region also adopts latest technologies very quickly which has given the market advantage in foraying in further in this region. Presence of some key market players within the territory is also proving beneficial for the market.
The APAC market is expecting the fastest growth rate during the forecast period. The region has registered a spurring sale in IoT enabled devices which leaves room for little speculation regarding the growth that it can have in the same time. As emerging economies, China and India are proving their worth by assisting the market in expanding.
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Target Audience:
• OEMs
• System integrators
• Entertainment industry
• Education industry
• Research and consulting firms
• Small and large enterprises
• Government agencies
List of Figures
FIGURE 5 GLOBAL IOT ANALYTICS MARKET: BY DEPLOYMENT (%)
FIGURE 6 GLOBAL IOT ANALYTICS MARKET: BY VERTICAL (%)
FIGURE 7 GLOBAL IOT ANALYTICS MARKET SHARE BY REGION (2016 & 2022) (%)
FIGURE 8 NORTH AMERICA IOT ANALYTICS MARKET, BY APPLICATION PLATFORM (%)
FIGURE 9 NORTH AMERICA IOT ANALYTICS MARKET, BY SOLUTION (%)
FIGURE 10 NORTH AMERICA IOT ANALYTICS MARKET, BY DEPLOYMENT (%)
FIGURE 11 NORTH AMERICA IOT ANALYTICS MARKET, BY VERTICAL (%)
Continued……
List of Tables
TABLE 1 GLOBAL IOT ANALYTICS MARKET (USD BILLION)
TABLE 2 GLOBAL IOT ANALYTICS MARKET, BY APPLICATION PLATFORM
TABLE 3 GLOBAL BUILDING AUTOMATION MARKETS, BY REGION
TABLE 4 GLOBAL ENERGY MANAGEMENT MARKETS, BY REGION
TABLE 5 GLOBAL INVENTORY MANAGEMENT MARKETS, BY REGION
Continued……
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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