The latest study released on the global ‘Internet of Things Analytics’ market by AMA Research evaluates market size, trend, and forecast to 2030. The ‘Internet of Things Analytics’ market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
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Some of the key players profiled in the study are:
IBM Corporation (United States), Microsoft Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), Cisco Systems, Inc., (United States), Dell Technologies, Inc. (United States), Google, Inc. (United States), Amazon Web Services, Inc. (United States), HP Enterprise Company (United States), Hitachi, Ltd. (Japan), Salesforce.com, Inc. (United States), Accenture PLC (Ireland)
The global Internet of Things Analytics market is expected to witness high demand in the forecasted period due to the upsurging requirement for real-time data as well as increasing penetration of automation in various businesses. The Internet of Things (IoT) has been gaining momentum in both the industry and research communities due to an explosion in the number of smart mobile devices and sensors and the potential applications of the data produced from a wide spectrum of domains. According to the expertise, growth in connected IoT devices in the last five years and rate the potential economic impact of the IoT at USD 2.7 trillion to USD 6.2 trillion annually by 2025. IoT-based healthcare solutions have the potential to improve the quality and efficiency of treatments. With connected healthcare solutions, leveraging IoT and analytics, it would lead the way for a model that is proactive, digitally-enabled, and patient-centric in turn boosting the market growth over the forecast period. This would really help the COVID-19 pandemic. Social media & rapidly changing technologies, mobile utility, and the internet are boosting the use of analytics of things. Additionally, declining costs of sensors and reduced processing power are among key trends triggering the market growth.
On 23rd October 2019, Verizon and SAP Codeveloping Next-Generation IoT Analytics Solutions.
On 16th January 2019, Oracle has announced the general availability of Java Card 3.1, the latest version of one of the world’s most popular and open application platform used to secure some of the world’s most sensitive devices. This extensive update provides more flexibility to help meet the unique hardware and security requirements of both existing secure chips and the emerging Internet of Things (IoT) technologies.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Internet of Things Analytics Market various segments and emerging territory.
Influencing Market Trend
- The Growing Requirement of Advanced Analytics and Automation for Businesses
- Introduction of Connected Cars as well as Smart Cities
Market Drivers
- Increasing Volume of the Data
- The Rising Emphasis on Time and Cost Management
Opportunities:
- High Adoption due to Emergence of Edge Analytics
- Technological Advancement in Platform-as-a-service (PaaS)
Challenges:
- The Increasing Concern of Data Privacy and Security
- Heterogeneous Data Processing
Analysis by Type (Software (Sensor Data Analytics, IoT Gateway Analytics, Network Management), Services (Deployment and Integration, Support and Maintenance, Consulting Services, Managed Services)), Application (Energy Management, Predictive and Asset Management, Inventory Management, Security and Emergency Management, Sales and Customer Management, Building Automation, Infrastructure Management, Remote Monitoring, Others), Industry Vertical (Healthcare, Government and Defense, Manufacturing, Energy and Utilities, Telecommunication and IT, Transportation and Logistics, Retail, Others), Organization Size (Small & Medium Enterprises (SMEs), Large Enterprises), Analytics Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics), Deployment Model (On-Premise, Hosted)
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The regional analysis of Global Internet of Things Analytics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.
On 4th June 2019, Analytics firm SAS and Octo Telematics, an insurance IoT company, have entered into a global partnership agreement to enable property and casualty insurance carriers to gain deeper business insights through the power of IoT.
On 15th June 2020, Microsoft Corp. and SAS have announced an extensive technology and go-to-market strategic partnership. The two companies will enable customers to easily run their SAS® workloads in the cloud, expanding their business solutions and unlocking critical value from their digital transformation initiatives.
On 28th October 2019, Microsoft Corp. has announced new capabilities that further simplify the customer journey and deliver highly secured IoT solutions.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/102146-global-internet-of-things-analytics-market?utm_source=Newstrail/utm_medium=Rahul
Highlights of the Report
• The future prospects of the global Internet of Things Analytics market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Internet of Things Analytics market.
