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IoT Analytics Market 2022 Industry Key Players, Share, Trend, Applications, Segmentation and Forecast to 2027

IoT Analytics Market 2022-2027

New Study Reports “IoT Analytics Market 2022 Global Opportunities, Strategies, Sizing and Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2027” has been Added on PMR.

Report Overview

The analysis includes forecasted IoT Analytics Market valuation and growth rate, as per the researchers’ review. This IoT Analytics Market Review provides a summary of current market dynamics, barriers, drivers, and metrics as well as a perspective for important segments. Business growth in different industries, too, is anticipated. The nature of the research also demands comprehensive segmental analysis. The worldwide IoT Analytics Market also provides a regional overview spanning North America, Latin America, Asia-Pacific Europe, and the Middle East & Africa, with the sector’s detailed country-level measurements. The report also provides a thorough description of the business strategies used by the major players as well as new entrants.

Global internet of things (IoT) analytics market is projected to exhibit a staggering 16.2% CAGR during the forecast period 2017 to 2027, according to a report by Persistence Market Research (PMR). PMR’s report projects revenue from global IoT analytics market to increase from US$ 19,415.1 Mn in 2017 to surpass US$ 60,000 Mn by 2027-end. This growth is primarily attributed to continuous launching of IoT analytics offerings, coupled with emergence of niche players in the market.

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Internet of things (IoT) analytics assists users in combining operative information with data and generation intelligent analytics. Adoption of IoT-based technologies is witnessing a surge owing to its benefits including better efficiency, reduced operation costs, and infrastructure optimization. Rapid growth in IoT-centric business application is fuelling demand for PaaS, aiding implementation of IoT to a large extent.

 Key Players:

The report has profiled some of the Important players prevalent in the global like IBM Corporation, Microsoft Corporation, Intel Corporation, Cumulocity GmbH, Tableau Software, Cisco System Inc., Oracle Corporation, Aeris Communication, Accenture PLC and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the IoT Analytics.                       

iot-analytics-market      

On-Premise Deployment of IoT Analytics to Create an Incremental Opportunity of US$ 27,278.7 Mn between 2017 & 2027 

On-premise deployment of IoT analytics will remain sought-after in the market. This deployment type segment is projected to create an incremental opportunity of US$ 27,278.7 Mn between 2017 and 2027. In addition, SaaS will remain fastest growing deployment type of IoT analytics, expanding at 18.5% through 2027.

Although healthcare will remain largest vertical in the global IoT analytics market, Retail is expected to witness fastest growth in demand for IoT analytics. Healthcare is projected to account for over 70% share of market value by 2027. Transportation & logistics is expected to exhibit second-highest CAGR in the market. In contrast, energy & utilities vertical for IoT analytics will witness a comparatively low CAGR during the forecast period.

Robust Adoption of IoT Analytics by Healthcare Sector to Drive Market Growth in North America 

Number of connected devices is witnessing a surge owing to soaring demand for IoT services in North America. This growth of IoT ecosystem is prompting companies for developing platforms and services will result into better prediction, management and optimization of business operations and processes. This further helps in improving efficiency and profitability, and resolving threats. In addition, there has been a robust adoption of IoT analytics by healthcare sector in North America. IoT adoption, coupled with digitization helps to easily collect data for patient records, population health data, and various other databases. These factors are expected to drive demand for IoT analytics in North America.

Implementation of large number of projects utilizing IoT tools and data sets has led to a surge in demand for IoT analytics tools & technologies by various enterprises in Europe. Adoption of IoT analytics is comparatively higher among large enterprises which have data support systems and adequate capital. Significant investments are being made by leading enterprise companies in IoT analytics tools, implementation, and applications. Such factors are estimated to propel market growth in Europe by 2027-end.

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders
IoT Analytics Market Manufacturers
IoT Analytics Market Distributors/Traders/Wholesalers
IoT Analytics Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

If you have any special requirements, please let us know and we will offer you the report as you want.

IoT Analytics Market – Report Highlights

  • A detailed overview of parent market of IoT Analytics market
  • Changing IoT Analytics market dynamics in the industry
  • In-depth segmentation of the IoT Analytics market
  • Historical, current, and projected IoT Analytics market size regarding volume and value
  • Recent industry trends and developments in IoT Analytics market
  • Competitive landscape of the IoT Analytics market
  • Strategies for key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on IoT Analytics market performance
  • Must-have information for IoT Analytics market players to sustain and enhance their market footprint

Key Questions Answered in This Report.

  • What will the Market growth rate in Future?
  • What are the key factors driving the global Market?
  • Who are the key manufacturers in Market space?
  • What are the opportunities and threats faced by the vendors in the global industry?
  • What are sales, revenue, and price analysis by regions of industry?

If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.

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About PersistenceMarketResearch:

PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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