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The global IoT analytics market size is expected to be around US$ 54.50 billion by 2025, at a CAGR of 26% during the forecast period.
Internet of Things analytics raises to analyzing and examining the info gained by the web of Things. Sensors, network end devices and other data storing and transmitting equipment are the important components of collection of Internet of Things data, upon which analysis is performed.
It is one among the only and easiest method to run analytics on IoT data and obtain insights to form more accurate decisions for IoT applications and machine learning use cases. The increasing adoption of smart TVs, smart watches, smart speakers, and appliances, among others by the consumers, generate an outsized amount of knowledge, which rises the need of IoT analytics. Furthermore, several manufacturing companies are using smart sensors to gather the info from multiple work-related activities throughout the facilities, and later they are using IoT analytics to extract the knowledge from the huge amount of knowledge composed to enhance work efficiency data is sort of unstructured, which makes it challenging to research with traditional analytics and business intelligence tools designed to process organized data. IoT data are generated from devices that always record fairly noisy processes like motion, temperature, or sound. The info gathered from these devices have significant gaps, false readings, and corrupted messages that require to be cleaned up before analysis. Capacity of IoT data is continuously increasing due to introduction of smart glasses, smart watches, smart infrastructure, and smart cities. Analytics of things helps in analyzing such data. Adoption of social media & rapid changing technologies, mobile utility, and internet are increasing the utilization of analytics of things. Also, falling costs of sensors and minimized processing power are among key trends activating market development. Rise in importance on cost and time management, rising need for real-time data, increasing penetration of automation in businesses, increasing competitive challenges, and appearance of advanced technologies are providing a lift to the market. IoT analytics helps enterprises in gaining real-time visions and increasing efficiency of their decision-making process for maximizing profit.
The global IoT Analytics market is segregated on the basis of Application as Building Automation, IT Infrastructure Management, Remote Monitoring, Energy Management, Predictive Maintenance and Asset Management, Inventory Management, Security and Emergency Management, Sales and Customer Management, and Others. Based on Component the global IoT Analytics market is segmented in Services and Software. Based on Analytics Type the global IoT Analytics market is segmented in Prescriptive Analytics, Descriptive Analytics, and Predictive Analytics.
Based on Deployment Model, the global IoT Analytics market is segmented in Cloud and On-Premises. The report also bifurcates the global IoT Analytics market based on Organization Size in Large Enterprises and Small and Medium-Sized Enterprises. The report also bifurcates the global IoT Analytics the global Industry Vertical market is segmented in Telecommunications and IT, Transportation and Logistics, Manufacturing, Retail and Ecommerce, Government and Defense, Healthcare and Life Sciences, Energy and Utilities, and Others.
The global IoT Analytics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The IoT Analytics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Hitachi, Teradata, Salesforce.Com, Greenwave Systems, Mnubo, IBM, Microsoft, Oracle, Sap, Cisco Systems, and others are among the major players in the global IoT Analytics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The IoT Analytics Market has been segmented as below:
IoT Analytics Market, By Application
IoT Analytics Market, By Component
IoT Analytics Market, By Analytics Type
IoT Analytics Market, By Deployment Model
IoT Analytics Market, By Organization Size
IoT Analytics Market, By Industry Vertical
IoT Analytics Market, By Region
IoT Analytics Market, By Company
The report covers:
Report Scope:
The global IoT Analytics market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT Analytics market share. Major industry players with significant revenue share include Hitachi, Teradata, Salesforce.Com, Greenwave Systems, Mnubo, IBM, Microsoft, Oracle, Sap, Cisco Systems, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. IoT Analytics Market, By Application
5.1 Introduction
5.2 Building Automation
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 IT Infrastructure Management
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Remote Monitoring
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Energy Management
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Predictive Maintenance and Asset Management
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Inventory Management
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Security and Emergency Management
5.8.1 Market Overview
5.8.2 Market Size and Forecast
5.9 Sales and Customer Management
5.9.1 Market Overview
5.9.2 Market Size and Forecast
5.10 Others
5.10.1 Market Overview
5.10.2 Market Size and Forecast
6. IoT Analytics Market, By Component
6.1 Introduction
6.2 Services
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Software
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. IoT Analytics Market, By Analytics Type
7.1 Introduction
7.2 Prescriptive Analytics
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Descriptive Analytics
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Predictive Analytics
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. IoT Analytics Market, By Deployment Model
8.1 Introduction
8.2 Cloud
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 On-Premises
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. IoT Analytics Market, By Organization Size
9.1 Introduction
9.2 Large Enterprises
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Small and Medium-Sized Enterprises
9.3.1 Market Overview
9.3.2 Market Size and Forecast
10. IoT Analytics Market, By Industry Vertical
10.1 Introduction
10.2 Telecommunications and IT
10.2.1 Market Overview
10.2.2 Market Size and Forecast
10.3 Transportation and Logistics
10.3.1 Market Overview
10.3.2 Market Size and Forecast
10.4 Manufacturing
10.4.1 Market Overview
10.4.2 Market Size and Forecast
10.5 Retail and Ecommerce
10.5.1 Market Overview
10.5.2 Market Size and Forecast
10.6 Government and Defense
10.6.1 Market Overview
10.6.2 Market Size and Forecast
10.7 Healthcare and Life Sciences
10.7.1 Market Overview
10.7.2 Market Size and Forecast
10.8 Energy and Utilities
10.8.1 Market Overview
10.8.2 Market Size and Forecast
10.9 Others
10.9.1 Market Overview
10.9.2 Market Size and Forecast
11. IoT Analytics Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 North America IoT Analytics, By Application
11.2.2 North America IoT Analytics, By Component
11.2.3 North America IoT Analytics, By Analytics Type
11.2.4 North America IoT Analytics, By Deployment Model
11.2.5 North America IoT Analytics, By Organization Size
11.2.6 North America IoT Analytics, By Industry Vertical
11.3 Europe
11.3.1 Europe IoT Analytics, By Application
11.3.2 Europe IoT Analytics, By Component
11.3.3 Europe IoT Analytics, By Analytics Type
11.3.4 Europe IoT Analytics, By Deployment Model
11.3.5 Europe IoT Analytics, By Organization Size
11.3.6 Europe IoT Analytics, By Industry Vertical
11.4 Asia-Pacific
11.4.1 Asia-Pacific IoT Analytics, By Application
11.4.2 Asia-Pacific IoT Analytics, By Component
11.4.3 Asia-Pacific IoT Analytics, By Analytics Type
11.4.4 Asia-Pacific IoT Analytics, By Deployment Model
11.4.5 Asia-Pacific IoT Analytics, By Organization Size
11.4.6 Asia-Pacific IoT Analytics, By Industry Vertical
11.5 Rest of the World
11.5.1 Rest of the World IoT Analytics, By Application
11.5.2 Rest of the World IoT Analytics, By Component
11.5.3 Rest of the World IoT Analytics, By Analytics Type
11.5.4 Rest of the World IoT Analytics, By Deployment Model
11.5.5 Rest of the World IoT Analytics, By Organization Size
11.5.6 Rest of the World IoT Analytics, By Industry Vertical
12. Competitive Insights
12.1 Key Insights
12.2 Company Market Share Analysis
12.3 Strategic Outlook
12.3.1 Mergers & Acquisitions
12.3.2 New Product Development
12.3.3 Portfolio/Production Capacity Expansions
12.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
12.3.5 Others
13. Company Profiles
13.1 Hitachi
13.1.1 Company Overview
13.1.2 Product/Service Landscape
13.1.3 Financial Overview
13.1.4 Recent Developments
13.2 Teradata
13.2.1 Company Overview
13.2.2 Product/Service Landscape
13.2.3 Financial Overview
13.2.4 Recent Developments
13.3 Salesforce.Com
13.3.1 Company Overview
13.3.2 Product/Service Landscape
13.3.3 Financial Overview
13.3.4 Recent Developments
13.4 Greenwave Systems
13.4.1 Company Overview
13.4.2 Product/Service Landscape
13.4.3 Financial Overview
13.4.4 Recent Developments
13.5 Mnubo
13.5.1 Company Overview
13.5.2 Product/Service Landscape
13.5.3 Financial Overview
13.5.4 Recent Developments
13.6 IBM
13.6.1 Company Overview
13.6.2 Product/Service Landscape
13.6.3 Financial Overview
13.6.4 Recent Developments
13.7 Microsoft
13.7.1 Company Overview
13.7.2 Product/Service Landscape
13.7.3 Financial Overview
13.7.4 Recent Developments
13.8 Oracle
13.8.1 Company Overview
13.8.2 Product/Service Landscape
13.8.3 Financial Overview
13.8.4 Recent Developments
13.9 Sap
13.9.1 Company Overview
13.9.2 Product/Service Landscape
13.9.3 Financial Overview
13.9.4 Recent Developments
13.10 Cisco Systems
13.10.1 Company Overview
13.10.2 Product/Service Landscape
13.10.3 Financial Overview
13.10.4 Recent Developments
13.11 Dell Technologies
13.11.1 Company Overview
13.11.2 Product/Service Landscape
13.11.3 Financial Overview
13.11.4 Recent Developments
13.12 Google
13.12.1 Company Overview
13.12.2 Product/Service Landscape
13.12.3 Financial Overview
13.12.4 Recent Developments
13.13 Amazon Web Services
13.13.1 Company Overview
13.13.2 Product/Service Landscape
13.13.3 Financial Overview
13.13.4 Recent Developments
13.14 Hpe
13.14.1 Company Overview
13.14.2 Product/Service Landscape
13.14.3 Financial Overview
13.14.4 Recent Developments
The IoT Analytics Market has been segmented as below:
IoT Analytics Market, By Application
IoT Analytics Market, By Component
IoT Analytics Market, By Analytics Type
IoT Analytics Market, By Deployment Model
IoT Analytics Market, By Organization Size
IoT Analytics Market, By Industry Vertical
IoT Analytics Market, By Region
IoT Analytics Market, By Company