IoT Analytics Market Booming By Size, Revenue And Trend In 2020 Scrutinized In New Research

Market Overview:
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.

Internet of Things analytics (IoT analytics) refers to analyzing and examining the data obtained by the Internet of Things. Sensors, network end devices and other data storing and transmitting equipment are the key components of collection of Internet of Things data, upon which analysis is performed. Internet of Things analytics provides new solutions and business model, can be used for current as well as the new customers, process efficiency, outage management, predictive management, optimizing production, processes, costs, and inventory.

The Final Report will cover the impact analysis of COVID-19 on this industry:

Download Sample of This Strategic Report:
 https://www.kennethresearch.com/sample-request-10059642

Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Emergence of edge analytics
1.2 Advancements in PaaS
1.3 Increasing IoT data
1.4 Rising demand for advanced analytics and automation for businesses
2. Market Restraints
2.1 Poor real-time algorithms
2.2 Issues with ownership and control of IoT data
2.3 Concerns related to security and privacy
2.4 Rising heterogeneous data processing

Market Segmentation:
The Global IoT Analytics Market is segmented on the analytics type, organization size, component, deployment model, application, vertical, and region.

1. Analytics Type:
1.1 Descriptive analytics
1.2 Predictive analytics
1.3 Prescriptive analytics

2. Organization Size:
2.1 Large Enterprises
2.2 Small and Medium Organizations

3. By Component:
3.1 Software
3.2 Services
3.2.1 Managed services
3.2.2 Professional services
3.2.2.1 Support and maintenance services
3.2.2.2 Consulting services

4. By Deployment Mode:
4.1 Cloud-based
4.2 On-premises

5. By Application:
5.1 Remote monitoring
5.2 Energy management
5.3 Inventory management
5.4 Sales and customer management
5.5 Building automation
5.6 Predictive maintenance and asset management
5.7 Security and emergency management
5.8 IT infrastructure management

6. By Vertical:
6.1 Healthcare
6.2 Government and Defense
6.3 IT and Telecom
6.4 Banking, Financial Services, and Insurance (BFSI)
6.5 Travel and Hospitality
6.6 Retail and e-commerce
6.7 Manufacturing
6.8 Others

7. By Region:
7.1 North America (U.S., Canada, Mexico)
7.2 Europe (Germany, UK, France, Rest of Europe)
7.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
7.4 Latin America (Brazil, Argentina, Rest of Latin America)
7.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Cisco Systems
2. IBM Corporation
3. SAP
4. Oracle
5. Microsoft
6. Google
7. Dell Technologies
8. Salesforce.Com
9. Amazon Web Services
10. Mnubo
11. HPE
12. Teradata
13. Hitachi
14. Greenwave Systems
15. PTC

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Request For Full Report: https://www.kennethresearch.com/sample-request-10059642

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global IoT Analytics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

Contact Us

Kenneth Research

Email:  Sales@kennethresearch.com

Phone: +1 313 462 0609

Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

Leave a Reply