Lucintel's latest market report analyzed that IOT analytics provides attractive opportunities in various applications, such as predictive and asset management, energy management, inventory management, security and emergency management, sales and customer management, building automation, infrastructure management, and remote monitoring. The IOT analytics market is expected to grow at a CAGR of 29%-31%. In this market, predictive analytics is the largest segment by analytics type.
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Based on analytics type, the IOT analytics market is segmented into predictive analytics, prescriptive analytics, and descriptive analytics. The predictive analytics segment accounted for the largest share of the market in 2020 due to its ability to discover data and predict future outcomes and trends.
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The IOT analytics market is marked by the presence of several big and small players. Some of the prominent players offering IOT analytics include IBM, Microsoft, Oracle, SAP SE, Cisco Systems, Dell, Google, Amazon Web Services, HP Enterprise Company, PTC, Hitachi, Teradata, Salesforce.com, and Greenwave Systems.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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