IoT Analytics Market Technology Opportunities to 2027 - Growth Analysis by Hewlett-Packard, Hitachi, Ltd, Microsoft, PTC

IoT analytics is an application for analyzing the data generated from the IoT devices. The increase in the adoption of IoT devices from different industries for improving their productivity with the real-time monitoring and distribution of data is driving the global IoT analytics market. The IoT analytics are utilized in industrial verticals such as e-commerce, healthcare, manufacturing, retail, and others by analyzing the functionality of the products or systems from the data generated from these systems or devices.

IoT Analytics Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component (Software, Services); Analytics Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics); Deployment (On-Premise, Cloud); 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) and Geography

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The rising development of smart homes, smart cities, and smart factories are some of the major factors driving the growth of the IoT analytics market. Moreover, several government agencies across the globe are investing exceedingly in the development of smart cities, which also increase the necessity of IoT devices. Moreover, the increasing technological advancement is anticipated to boost the growth of the IoT analytics market.

Top Listed Companies in IoT Analytics Market are -

IBM
Amazon Web Services, Inc.
Cisco Systems, Inc.
Dell Technologies Inc.
Hewlett-Packard
Hitachi, Ltd
Microsoft
PTC Inc.
SAP SE
Teradata Corporation

The global IoT analytics market is segmented on the basis of component, analytics type, deployment, application, industry vertical. On the basis of component, the market is segmented as software, service. On the basis of analytics type, the market is segmented as predictive analytics, prescriptive analytics, descriptive analytics. On the basis of deployment, the market is segmented as cloud, on-premises. On the basis of application, the market is segmented as energy management, predictive and asset management, inventory management, security and emergency management, sales and customer management, building automation, infrastructure management, remote monitoring, others. On the basis of industry vertical, the market is segmented as healthcare, government and defense, manufacturing, energy and utilities, telecommunication and IT, transportation and logistics, retail, others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT analytics market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting IoT analytics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the IoT analytics market in these regions.

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