IoT Analytics Market

IoT Analytics Market by Application (Energy Management, Predictive Maintenance & Asset Management, Inventory Management, Remote Monitoring), Component, Analytics Type, Deployment, Organization Size, & Vertical - Global Forecast to 2022

Report Code: TC 3531 Jul, 2017, by marketsandmarkets.com

[187 Pages Report] The IoT analytics market size is expected to grow from USD 7.2 billion in 2017 to USD 27.8 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 31.0% during the forecast period. Factors such as the tremendous growth of IoT data is expected to fuel the market growth. However, the ownership and control of IoT data is expected to restrain the market growth.

IoT Analytics Market

Predictive Analytics to account for the largest IoT analytics market size during the forecast period

Predictive analytics transforms data into valuable insights, facilitating enterprises to optimize business processes, enhance process efficiencies, and increase customer satisfaction. Predictive analytics makes use of real-time data as well as historic data to come up with futuristic outcomes before the actual event takes place. The predictive analytics type is expected to have the largest share in the AoT market due to its ability to determine data and predict future outcomes and trends. The predictions that flow from predictive analytics are transformed into a set of recommended actions that will generate business value. This assists procurement professionals to view business scenario and build future operational strategies. Predictive analytics can also be used for demand forecasting using multiple regression models, which helps organizations determine demand and supply forecasts for different product categories. Such forecasts can prove beneficial while calculating the company revenue and budget growth. Companies are also focusing on providing predictive maintenance and asset maintenance using predictive analytics to understand the device repairing time, minimize downtime, and take swift corrective actions. Predictive analytics when incorporated in AoT, assists a manufacturing unit to ensure continuous operations by implementing asset maintenance or helps a government institute to shut down their servers if suspicious web traffic is detected.

Cloud deployment to constitute a larger IoT analytics market size during the forecast period 

Cloud-based solutions require less physical set-up, incur lower maintenance costs, and provide 24/7 accessibility from anytime, anywhere.  Cloud-based solutions prove to be flexible, agile, and cost-effective, as compared to on-premises solutions. Cloud-based AoT helps organizations to reduce cost and IT complexity; it also improves business agility and increases collaborations by shared services. Globally, large enterprise and SMEs are shifting toward cloud-based solutions to streamline their processes easily and minimize upfront costs. Some of the prominent vendors offering cloud-based AoT software and services include IBM Corporation, Oracle Corp., AWS, and Salesforce.com, Inc.

Large Enterprises to dominate the IoT analytics market and is expected to grow at the highest CAGR during the forecast period.

AoT solutions have become an essential part of large enterprises owing to the accumulation of vast amounts of real-time data from enterprise-wide sources. In today’s world of mobile workforce and global operations, the lack of analytical capabilities and tools may lead to increased costs and lesser productivity. This can also result in loss of customer loyalty and market share. Large enterprises have various operating units and AoT helps integrate the real-time and historic data into a single repository to generate insights form it. AoT also empowers organizations to tap all the saving opportunities and take actions in real time to secure the best contracts.

IoT Analytics Market

North America to account for the largest IoT analytics market size during the forecast period

North America has been the most promising region across various verticals, such as manufacturing, retail and eCommerce, healthcare and life sciences, and telecommunications and IT. The government sector has also joined the race to become a technologically advanced sector serving a large customer base. Some of the biggest retail giants are also located in this region. North America is contributing a considerable share in the market and it is expected to grow further, The US is the biggest adopter of AoT in this region.

The indispensable need to maximize value from the centralized data and reference data generated through IoT devices, followed by the need for advanced analytics and automation for businesses has historically driven the overall growth of the AoT market in this region. Factors such as emergence of edge analytics, technological advancement in Platform as a Service (PaaS), rapid adoption of cloud-based solutions, and increasing number of business applications are further fueling the growth of the AoT market in North America.

Key Market Players

The IoT analytics solution and service vendors have implemented various types of organic as well as inorganic growth strategies, such as new product launches, product upgradations, partnerships and agreements, business expansions, and mergers and acquisitions, to strengthen their offerings in the market. The Major players operating in the market include IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), SAP SE (Germany), Cisco Systems, Inc., (US), Dell Technologies, Inc. (US), Google, Inc. (US), Amazon Web Services, Inc. (US), HP Enterprise Co (US), PTC, Inc. (US), Hitachi, Ltd. (Japan), Teradata Corporation (US), Salesforce.com, Inc. (US), Greenwave Systems, Inc. (US), and mnubo, inc. (US).
The study includes an in-depth competitive analysis of these key players in the IoT analytics market with their company profiles, recent developments, and key market strategies.Please visit 360Quadrants to see the vendor listing of IoT Analytics Software.

Recent Developments:

  • In February 2019, IBM announced access to its IBM Watson on any cloud. Also, the vendor can deploy AI software to automate business wherever the data resides
  • In June 2019, Cisco announced software innovations for simplified management and security of networks. Also, it introduced new artificial intelligence and machine learning capabilities that enable IT teams to function at machine speed and scale through tailored network insights.

Key Questions Addressed by the Report:

  • What are the opportunities in the IoT analytics market?
  • What is the competitive landscape in the market?
  • What are the emerging technologies impacting the overall IoT analytics market?
  • What are the key use cases existing in the market?
  • What are the key trends and dynamics existing in the IoT analytics market?   

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Microquadrant Research Methodology
           2.3.1 Vendor Inclusion Criteria
    2.4 Research Assumptions and Limitations
    2.5 Limitations

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Opportunities in the IOT Analytics Market
    4.2 Analytics of Things Market: Market Share, By Region
    4.3 Analytics of Things Market, By Industry Vertical and Region
    4.4 Lifecycle Analysis, By Region, 2017

5 IOT Analytics Market Overview and Industry Trends (Page No. - 37)
    5.1 Market Overview
           5.1.1 Introduction
           5.1.2 Market Dynamics
           5.1.3 Drivers
                    5.1.3.1 Tremendous Growth of IoT Data
                    5.1.3.2 Need for Advanced Analytics and Automation for Businesses
           5.1.4 Restraints
                    5.1.4.1 Ownership and Control of IoT Data
                    5.1.4.2 Lack of Real-Time Algorithms
           5.1.5 Opportunities
                    5.1.5.1 Emergence of Edge Analytics
                    5.1.5.2 Technological Development in Paas
           5.1.6 Challenges
                    5.1.6.1 Data Security and Privacy Concerns
                    5.1.6.2 Heterogeneous Data Processing
    5.2 Industry Trends
           5.2.1 AOT Ecosystem
    5.3 Regulatory Implications
           5.3.1 International Electrotechnical Commission (IEC)
           5.3.2 ISO/International Electrotechnical Commission Joint Technical Committee 1
                    5.3.2.1 IOS/IEC JTC 1/Special Working Group 5
                    5.3.2.2 IOS/IEC JTC 1/SC 31
                    5.3.2.3 IOS/IEC JTC 1/SC 27
                    5.3.2.4 IOS/IEC JTC 1/WG 7 Sensor Networks (WGSN)
           5.3.3 Institute of Electrical and Electronics Engineers Standards Association
           5.3.4 European Committee for Standardization (CEN)/ISO
           5.3.5 CEN/European Committee for Electrotechnical Standardization (Cenelec)
           5.3.6 European Technical Standards Institute
           5.3.7 International Telecommunication Union (ITU-T)
           5.3.8 IOT Analytics Market : Use Cases
                    5.3.8.1 Introduction
                    5.3.8.2 Use Case 1: Manufacturing
                    5.3.8.3 Use Case 2: Healthcare
                    5.3.8.4 Use Case 3: Transportation
                    5.3.8.5 Use Case 4: Telecom
                    5.3.8.6 Use Case 5: Government
                    5.3.8.7 Use Case 6: Utilities
                    5.3.8.8 Use Case 7: Retail

6 IOT Analytics Market Analysis, By Application (Page No. - 48)
    6.1 Introduction
    6.2 Energy Management
    6.3 Predictive Maintenance and Asset Management
    6.4 Inventory Management
    6.5 Security and Emergency Management
    6.6 Sales and Customer Management
    6.7 Building Automation
    6.8 IT Infrastructure Management
    6.9 Remote Monitoring
    6.10 Others

7 IOT Analytics Market Analysis, By Component (Page No. - 59)
    7.1 Introduction
    7.2 Software
           7.2.1 Sensor Data Analytics
           7.2.2 IoT Gateway Analytics
           7.2.3 Network Management
    7.3 Services
           7.3.1 Managed Services
                    7.3.1.1 Professional Services
           7.3.2 Support and Maintenance
           7.3.3 Consulting

8 IOT Analytics Market Analysis, By Analytics Type (Page No. - 71)
    8.1 Introduction
    8.2 Predictive Analytics
    8.3 Prescriptive Analytics
    8.4 Descriptive Analytics

9 Market Analysis, By Deployment Model (Page No. - 76)
    9.1 Introduction
    9.2 On-Premises
    9.3 Cloud

10 IOT Analytics Market Analysis, By Organization Size (Page No. - 80)
     10.1 Introduction
     10.2 Small and Medium-Sized Enterprises
     10.3 Large Enterprises

11 IOT Analytics Market Analysis, By Industry Vertical (Page No. - 84)
     11.1 Introduction
     11.2 Manufacturing
     11.3 Retail and Ecommerce
     11.4 Government and Defense
     11.5 Healthcare and Life Sciences
     11.6 Energy and Utilities
     11.7 Telecommunications and IT
     11.8 Transportation and Logistics
     11.9 Others

12 IOT Analytics Market Geographic Analysis (Page No. - 98)
     12.1 Introduction
     12.2 North America
     12.3 Europe
     12.4 Asia Pacific
     12.5 Middle East and Africa
     12.6 Latin America

13 Competitive Landscape (Page No. - 123)
     13.1 Microqudrant Overview
             13.1.1 Visionary Leaders
             13.1.2 Innovators
             13.1.3 Dynamic Differentiators
             13.1.4 Emerging Companies
     13.2 Competitive Benchmarking
             13.2.1 Business Strategy Excellence Adopted By Major Players in the Analytics of Things Market
             13.2.2 Strength of Product Portfolio Adopted By Major Players in the Analytics of Things Market

14 Company Profiles (Page No. - 127)
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
     14.1 IBM
     14.2 Microsoft
     14.3 Oracle
     14.4 SAP
     14.5 Cisco Systems
     14.6 Dell Technologies
     14.7 Google
     14.8 Amazon Web Services
     14.9 HPE
     14.10 PTC
     14.11 Hitachi
     14.12 Teradata
     14.13 Salesforce.Com
     14.14 Greenwave Systems
     14.15 Mnubo

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 178)
     15.1 Key Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Introducing RT: Real-Time Market Intelligence
     15.5 Available Customization
     15.6 Related Reports
     15.7 Author Details


List of Tables (99 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Evaluation Criteria
Table 3 IOT Analytics Market Size, By Application, 2015–2022 (USD Million)
Table 4 Energy Management: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 5 Predictive Maintenance and Asset Management: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 6 Inventory Management: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 7 Security and Emergency Management: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 8 Sales and Customer Management: Market Size, By Region, 2015–2022 (USD Million)
Table 9 Building Automation: Market Size, By Region, 2015–2022 (USD Million)
Table 10 IT Infrastructure Management: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Remote Monitoring: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 12 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 13 Analytics of Things Market Size, By Component, 2015–2022 (USD Million)
Table 14 Software: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 15 Analytics of Things Market Size, By Software, 2015–2022 (USD Million)
Table 16 Sensor Data Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 17 IoT Gateway Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 18 Network Management: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Services: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 20 Services: Analytics of Things Market Size, By Type, 2015–2022 (USD Million)
Table 21 Managed Services: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Professional Services: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Professional Services: Market Size, By Type, 2015–2022 (USD Million)
Table 24 Support and Maintenance: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Consulting: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 26 IOT Analytics Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 27 Predictive Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Prescriptive Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Descriptive Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Analytics of Things Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 31 On-Premises: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 32 Cloud: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 33 Analytics of Things Market Size, By Organization Size, 2015–2022 (USD Million)
Table 34 Small and Medium-Sized Enterprises: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 35 Large Enterprises: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 36 IOT Analytics Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 37 Manufacturing: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 38 Manufacturing: Market Size, By Application, 2015–2022 (USD Million)
Table 39 Retail and Ecommerce: Market Size, By Region, 2015–2022 (USD Million)
Table 40 Retail and Ecommerce: Market Size, By Application, 2015–2022 (USD Million)
Table 41 Government and Defense: Market Size, By Region, 2015–2022 (USD Million)
Table 42 Government and Defense: Market Size, By Application, 2015–2022 (USD Million)
Table 43 Healthcare and Life Sciences: Market Size, By Region, 2015–2022 (USD Million)
Table 44 Healthcare and Life Sciences: Market Size, By Application, 2015–2022 (USD Million)
Table 45 Energy and Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 46 Energy and Utilities: Market Size, By Application, 2015–2022 (USD Million)
Table 47 Telecommunications and IT: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 48 Telecommunications and IT: Market Size, By Application, 2015–2022 (USD Million)
Table 49 Transportation and Logistics: Market Size, By Region, 2015–2022 (USD Million)
Table 50 Transportation and Logistics: Market Size, By Application, 2015–2022 (USD Million)
Table 51 Others: Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 52 Others: Analytics of Things Market Size, By Application, 2015–2022 (USD Million)
Table 53 IOT Analytics Market Size, By Region, 2015–2022 (USD Million)
Table 54 North America: Market Size, By Component, 2015–2022 (USD Million)
Table 55 North America: Market Size, By Software, 2015–2022 (USD Million)
Table 56 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 57 North America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 58 North America: Market Size, By Application, 2015–2022 (USD Million)
Table 59 North America: Analytics of Things Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 60 North America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 61 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 62 North America: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 63 Europe: IOT Analytics Market Size, By Component, 2015–2022 (USD Million)
Table 64 Europe: Market Size, By Software, 2015–2022 (USD Million)
Table 65 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 66 Europe: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 67 Europe: Market Size, By Application, 2015–2022 (USD Million)
Table 68 Europe: Analytics of Things Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 69 Europe: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 70 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 71 Europe: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 72 Asia Pacific: IOT Analytics Market Size, By Component, 2015–2022 (USD Million)
Table 73 Asia Pacific: Market Size, By Software, 2015–2022 (USD Million)
Table 74 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 75 Asia Pacific: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 76 Asia Pacific: Analytics of Things Market Size, By Application, 2015–2022 (USD Million)
Table 77 Asia Pacific: Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 78 Asia Pacific: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 79 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 80 Asia Pacific: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 81 Middle East and Africa: IOT Analytics Market Size, By Component, 2015–2022 (USD Million)
Table 82 Middle East and Africa: Market Size, By Software, 2015–2022 (USD Million)
Table 83 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 84 Middle East and Africa: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 85 Middle East and Africa: Market Size, By Application, 2015–2022 (USD Million)
Table 86 Middle East and Africa: Analytics of Things Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 87 Middle East and Africa: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 88 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 89 Middle East and Africa: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 90 Latin America: IOT Analytics Market Size, By Component, 2015–2022 (USD Million)
Table 91 Latin America: Market Size, By Software, 2015–2022 (USD Million)
Table 92 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 93 Latin America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 94 Latin America: Market Size, By Application, 2015–2022 (USD Million)
Table 95 Latin America: Analytics of Things Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 96 Latin America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 97 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 98 Latin America: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 99 Market Ranking for Analytics of Things Market, 2017


List of Figures (49 Figures)

Figure 1 IOT Analytics Market: Market Segmentation
Figure 2 Regional Scope
Figure 3 Market : Research Design
Figure 4 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 IOT Analytics Market : Assumptions
Figure 9 Analytics of Things Market is Poised to Witness Growth in the Global Market for the Period 2017–2022
Figure 10 Market Snapshot, By Component (2017 vs 2022)
Figure 11 Market Snapshot, By Service (2017–2022)
Figure 12 Market Snapshot, By Application (2017 vs 2022)
Figure 13 Market Snapshot, By Deployment Model (2017 vs 2022)
Figure 14 Market Snapshot, By Analytics Type (2017 vs 2022)
Figure 15 Market Snapshot, By Organization Size (2017 vs 2022)
Figure 16 Market Snapshot, By Industry Vertical (2017 vs 2022)
Figure 17 Need to Generate Valuable Insights From IoT Data and the Availability of Custom AOT Applications are Driving the Analytics of Things Market Growth
Figure 18 North America is Expected to Have the Largest Market Share in 2017 Because of Early Adoption of Analytics of Things Software and Services in the Region
Figure 19 Manufacturing Industry Vertical and North America are Expected to Have the Largest Market Sizes in 2017
Figure 20 Asia Pacific is Expected to Have an Exponential Growth During the Forecast Period
Figure 21 IOT Analytics Market: Drivers, Restraints, Opportunities, and Challenges
Figure 22 Analytics of Things Architecture
Figure 23 Inventory Management Application Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 25 IoT Gateway Analytics is Expected to Have the Highest CAGR During the Forecast Period
Figure 26 Managed Services Subsegment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 27 Consulting Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 28 Descriptive Analytics Type is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Cloud Deployment Model is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 30 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 31 Healthcare and Life Sciences Industry Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 32 Geographic Snapshot: Asia Pacific is Expected to Have the Highest CAGR in the Analytics of Things Market During the Forecast Period
Figure 33 APAC is Projected to Have the Highest Growth Rate in the Analytics of Things Market
Figure 34 North America: Market Snapshot
Figure 35 Asia Pacific: Market Snapshot
Figure 36 IOT Analytics Market (Global), Competitive Leadership Mapping, 2017
Figure 37 IBM: Company Snapshot
Figure 38 Microsoft: Company Snapshot
Figure 39 Oracle: Company Snapshot
Figure 40 SAP: Company Snapshot
Figure 41 Cisco Systems: Company Snapshot
Figure 42 Dell Technologies: Company Snapshot
Figure 43 Google: Company Snapshot
Figure 44 Amazon Web Services: Company Snapshot
Figure 45 HPE: Company Snapshot
Figure 46 PTC: Company Snapshot
Figure 47 Hitachi: Company Snapshot
Figure 48 Teradata: Company Snapshot
Figure 49 Salesforce.Com: Company Snapshot

The IoT Analytics market size is expected to grow from USD 7.19 Billion in 2017 to USD 27.78 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 31.0%. The report segments the market by application, component, analytics type, deployment model, organization size, industry vertical, and region. The major growth drivers of the IoT Analytics market include tremendous growth of Internet of Things (IoT) data and the need for advanced analytics and automation of businesses. The base year considered for this report is 2016, and the market forecast period is 2017�2022.

Objectives of the Study

The main objective of the report is to define, describe, and forecast the global IoT Analytics market on the basis of applications, components, analytics types, deployment models, organization sizes, industry verticals, and regions. The report provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report aims to strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the total market. The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report strategically profiles key players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as partnerships, collaborations, and agreements; mergers and acquisitions; new product launches and new product developments; and Research and Development (R&D) activities in the IoT Analytics market.

Research Methodology

The research methodology used to estimate and forecast the market begins with capturing data on key vendor revenues through secondary research, which includes directories and databases (D&B Hoovers, Bloomberg Businessweek, and Factiva). The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global IoT Analytics market that was derived from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary participants is depicted in the figure below:

IoT Analytics Market

To know about the assumptions considered for the study, download the pdf brochure

The IoT Analytics ecosystem comprises vendors such as IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), SAP SE (Germany), Cisco Systems, Inc. (US), Dell Technologies, Inc. (US), Google, Inc., (US), Amazon Web Services (US), Hewlett Packard Enterprise Company (US), PTC, Inc. (US), Hitachi, Ltd. (Japan), Teradata Corporation (US), Salesforce.com, Inc. (US), and Greenwave Systems, Inc. (US). Other stakeholders of the IoT Analytics market include vendors, research organizations, network and system integrators, IoT Analytics managed service providers, Business Intelligence (BI) solution providers, marketing analytics executives, predictive analytics providers, third-party providers, and technology providers. These Analytics of Things Solutions Vendors are rated and listed by us on the basis of product quality, reliability, and their business strategy. Please visit 360Quadrants to see the vendor listing of Analytics of Things Solutions

IoT Analytics Key Target Audience

  • Service providers and distributors
  • IoT Analytics application builders
  • Independent Software Vendors (ISVs)
  • Analytics consulting companies
  • Enterprises
  • End-users

The study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2�5 years for prioritizing efforts and investments.

Scope of the IoT Analytics Market Research Report

The research report categorizes the market to forecast the revenues and analyze trends in each of the following subsegments:

By Application

  • Energy management
  • Predictive maintenance and asset management
  • Inventory management
  • Security and emergency management
  • Sales and customer management
  • Building automation
  • IT infrastructure management
  • Remote monitoring
  • Others (product and process management, and cost optimization)

By Component

  • Software
    • Sensor data analytics
    • IoT gateway analytics
    • Network management
  • Services
    • Managed services
    • Professional services
      • Consulting services
      • Support and maintenance

By Analytics Type

  • Predictive analytics
  • Prescriptive analytics
  • Descriptive analytics

By Deployment Model

  • On-premises
  • Cloud

IoT Analytics Market By Organization Size

  • Small and Medium Enterprises (SMEs)
  • Large enterprises

By Industry Vertical

  • Manufacturing
  • Retail and eCommerce
  • Government and defense
  • Healthcare and life sciences
  • Energy and utilities
  • Telecommunications and IT
  • Transportation and logistics
  • Others (outsourcing services, travel and hospitality, and education)

By Region

  • North America
  • Europe
  • APAC
  • Latin America
  • MEA

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company�s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the North American IoT Analytics market
  • Further breakdown of the European market
  • Further breakdown of the APAC market
  • Further breakdown of the Latin American market
  • Further breakdown of the MEA market

Company Information

  • Detailed analysis and profiling of additional market players upto 5.
Report Code
TC 3531
Published ON
Jul, 2017
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