Analytics of Things Market – Challenges, Key Vendors, Drivers and Trends by Forecast to 2023

Analytics of Things Market
Analytics of Things Market, By Type (Automating Analytics, Diagnostic Analytics, Descriptive analytics, Predictive analytics, Prescriptive analytics) – Forecast 2023

Market Highlights:

The Analytics of Things describes the analysis of the data produced by the Internet of Things devices. Analytics of Things is essential to make the connected devices smart and allow it to make smart decisions. It can be integrated with an organization’s existing business analytics. The potential of AoT is being recognized by the organization which will bring success to their business. With the evolution of Big Data the organization are expected to generate huge data in the forecast year which is being started to build up on their analytics capabilities. The organizations are investing in advanced technology and skilled human resources for AoT to be successful.

The study indicates that the Analytics of Things AoT can be used in various sectors such as predictive, analytics, diagnostics analytics and among others. These analytics of things are driven by the access the huge amount of data in real time  which is further substitute a cloud based solution, which improve efficiency, increasing demand of IOT and demand of instant information and many more has fueled the market of analytics of things market. Moreover, by using AoT the organizations can sense of the data generation and thus, can take required steps to recover the business.

The Analytics of Things Market is growing rapidly over 30.0% of CAGR and is expected to reach at USD 29.53` billion by the end of forecast period.

Major Key Players:

  • Hewlett Packard Enterprise Company (US)
  • Cisco Systems, Inc. (US)
  • Dell Technologies, Inc. (US)
  • Google, Inc., (US)
  • Amazon Web Services (US)
  • Salesforce.com, Inc. (US)
  • Teradata Corporation (US)
  • IBM Corporation (US)
  • Microsoft Corporation (US)
  • Oracle Corporation (US)
  • SAP SE (Germany)

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Analytics of Things Market Segmentation:

The Analytics of Things Market has been segmented on the basis of type, component, end -users and region. The Telecommunications and IT segment is expected to propel the highest growth rate during the forecast period due to increasing demand of data analytics in the North America region. Europe is also expected to grow in the AoT market in the forthcoming years.

Regional Analysis:

The regional analysis of Analytics of Things market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of largest market share in Analytics of Things market owing to the government investments in the IoT technology. The growing demand of the Analytics of Things, Europe region is expected to witness rapid growth in this market. Whereas, Asia-Pacific countries like China, Japan and South Korea is an emerging market for Analytics of Things market and expected to have highest CAGR in the forecast period.

Market Research Analysis:

On geographic basis, Analytics of Things market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the Analytics of Things market. In this market, Europe is to be estimated to be the second largest market share for Analytics of Things solutions during the forecast period as AoT deliver the software and solutions which contribute the organizations to data collection and data analysis.

Analytics of Things Market (MRFR) Analysis:

On the basis of application, the global Analytics of Things market is segmented including Energy management, Predictive maintenance and asset management, Inventory management, Security and emergency management, Sales and customer management, Building automation, IT infrastructure management, Remote monitoring and among others.

By Region, MRFR analysis shows that the comprehensive understanding of market dynamics, the global Analytics of Things market is analyzed across key geographies namely North America, Europe, China, Japan, India and among others. The Analytics of Things is growing the needs of significant time and effort for achieving real business value which drive the Analytics of Things market in the North America region. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Analytics of Things Market -Forecast to 2023”.

Intended Audience

  • Raw material providers
  • Service providers and distributors
  • AoT application builders
  • Independent Software Vendors
  • Analytics consulting companies
  • Market research and consulting firms
  • Solution providers
  • Intellectual property core and licensing providers
  • Technology standards organizations
  • Technology investors
  • Research institutes,
  • System Integrators
  • Research/Consultancy firms

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Table of Contents

1          Market Introduction  

1.1       Introduction

1.2       Scope of Study

1.2.1    Research Objective   

1.2.2    Assumptions

1.2.3    Limitations   

1.3       Market Structure

1.3.1    Global Analytics of Things Market: By Type         

1.3.2    Global Analytic of Things Market: By Component

1.3.3    Global Analytics of Things Market: By End User

1.3.4    Global Analytics of Things Market: By Region

Continued….

List of Tables

Table 1 Analytics of Things Market, By Type

Table 2 Analytics of Things Market, By Component

Table 3 Analytics of Things Market, By End-User

Continued….

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