IoT Analytics Market Overview

MMR published a report on IoT Analytics Market. It is a combination of primary data and secondary data and domain expert has analyzed the IoT Analytics market from local as well as global point of view. The report includes a detailed analysis of the market size and share in each region and segment, which makes IoT Analytics market report an investor’s guide.

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IoT Analytics Market Value

IoT Analytics Market was valued at USD 28.81 Billion in 2022, and it is expected to reach USD 145.28 Billion by 2029, exhibiting a CAGR of 26 % during the forecast period (2023-2029).

IoT Analytics Market Report Scope and Research Methodology

The report delivers an extensive examination of the IoT Analytics market at global, regional, and country levels, providing a thorough understanding of its competitive landscape and the strategies adopted by industry rivals. It features a list of prominent competitors in the IoT Analytics sector, complete with information about their revenue, production capacity, sales, and global reach. A SWOT analysis sheds light on the strengths and weaknesses of these key players. The report also encompasses detailed information on market dynamics, including drivers, restraints, opportunities, and challenges.

IoT Analytics Market Dynamics:

Primary Drivers

Growing Demand for Predictive Analytics: The proliferation of IoT devices has magnified the significance of predictive analytics. Predictive analytics underpins intelligent decision-making that operates independently of human users. For instance, self-driving vehicles employ predictive analytics, utilizing the Global Positioning System (GPS) to navigate efficiently. Predictive analytics leverages historical data, statistical algorithms, and machine-to-machine (M2M) learning to forecast outcomes. Given its capacity to analyze IoT data and create real-time dashboards based on multiple criteria, IoT Analytics facilitates critical business decision-making by evaluating recent and historical data to predict outcomes. The growing enterprise demand for predictive analytics is expected to significantly influence the IoT Analytics market.

IoT Analytics Market Segmentation

by Analytics Type

Predictive Analytics
Prescriptive Analytics
Descriptive Analytics

Predictive Analytics: Predictive analytics is poised to dominate the market during the forecast period. This approach transforms data into valuable insights, allowing businesses to streamline operations, enhance productivity, and elevate customer satisfaction. Predictive analytics uses historical and real-time data to forecast future outcomes, making it an essential component of IoT Analytics. It generates recommendations that add value to the business by assessing the business landscape and developing future operational strategies.

by Application

Energy Management
Predictive and Asset Management
Inventory Management
Security and Emergency Management
Sales and Customer Management
Building Automation
Infrastructure Management
Remote Monitoring
Others


IoT Analytics Market Key Players

1. Hitachi, Ltd. (Japan)
2. PTC, Inc. (US)
3. IBM Corporation (US)
4. Oracle Corporation (US)
5.Microsoft Corporation (US)
6. SAP SE (Germany)
7. Dell Technologies, Inc. (US)
8. Cisco Systems, Inc., (US)
9. Google, Inc. (US)
10. HP Enterprise Company (US)
11. Amazon Web Services, Inc. (US)
12. Greenwave Systems, Inc. (US)
13. Teradata Corporation (US)
14. Salesforce.com, Inc. (US)
15. Intel Corporation
16. Aeris Communication
17. Tableau Software
18. Cumulocity GmbH
19. Accenture PLC

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IoT Analytics Market Regional Insights

Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of IoT Analytics market in these countries, which covering North America - U.S., Canada, Mexico, Europe - UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific - China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America - Brazil, and Middle East and Africa.

Table of Content: IoT Analytics Market

Part 01: Executive Summary

Part 02: Scope of the IoT Analytics Market Report

Part 03: Global IoT Analytics Market Landscape

Part 04: Global IoT Analytics Market Sizing

Part 05: Global IoT Analytics Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key Questions answered in the IoT Analytics Market Report are:

What is IoT Analytics?
What is the expected IoT Analytics market size by 2029?
What will be the CAGR of the IoT Analytics market during the forecast period?
Which segment held the largest share in the IoT Analytics market?
How is the competitive scenario of the IoT Analytics market?
Which are the key factors driving the IoT Analytics market growth?
Which region holds the maximum share in the IoT Analytics market?
Who are the key players in the IoT Analytics market?
Key Offerings:

Past Market Size and Competitive Landscape (2017 to 2022)
Past Pricing and price curve by region (2017 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation
Regional Insights
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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