The IoT Analytics Market

IoT data analytics is the analysis of large data volumes produced by connected devices, and organizations can obtain several benefits such as optimize operations, engage more customers, automatically control processes and empower employees. IoT analytics is a perfect option to run on IoT data to obtain insights to allow more precise decision making for IoT applications and machine learning. Expeditiously rising sales of smart products such as smart watches, smart televisions, smart speakers and others is projected to produce large amounts of data, which is further anticipated to increase the requirement for IoT analytics in future. Rising number of electronics manufacturing companies are adopting smart sensors in products they provide in order to gather data to several activities carried out by consumers, which is further analyzed using IoT analytics to derive valuable insights. The huge amount of data collected are used to enhance work efficiency due to the growing focus on time and cost management, rapid growth of automation technologies, requirement for real-time data access and rising number of advanced technologies. Furthermore, the rapid traction of the Internet of Things and advent of new and more advanced technologies has been resulting in rising deployment of data analytics in the agriculture sector to improve operational efficiency and productivity in farming field. IoT analytics is also utilized in soil monitoring applications and to augment moisture sensor data to improve water efficiency of automated irrigation equipment and systems. On the other hand, the dearth of real-time algorithms is a factor which is likely to hinder the market growth.

Additionally, with the evolution of growth analytics, IoT Analytics has seen a significant boost in its overall market. Edge analytics is a primarily the same as video or image analytics whereas the analysis capabilities are equipped in small devices as opposed to collaborating all the data in a centralized enterprise data warehouse There are various business processes which do not need substantial analytics and therefore the data gathered, processed and analyzed on or near the edge can propel automated decisions. For example, a local valve can be turned off on the detection of a leak. This has created massive opportunity for IoT Analytics as it includes IoT devices and has minimized demands on the bandwidth of the network and storage requirements.

The global IoT Analytics Market is segregated on the basis of Vertical as Manufacturing, Energy & Utilities, Retail & E-commerce, Healthcare & Life Sciences, Transportation & Logistics and Others. Based on Organization Size the global IoT Analytics Market is segmented in Small & Medium Enterprises (SMEs) and Large Enterprises. Based on Deployment the global IoT Analytics Market is segmented in On-premise and Cloud.

The global IoT Analytics Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The IoT Analytics Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Accenture Plc, AGT International, Amazon Web Services Inc.,Capgemini SE, Cisco Systems Inc. and others are among the major players in the global IoT Analytics Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In November 2019 for instance, IBM Company introduced Maximo Asset Monitor, which is an AI-based monitoring solution designed for asset maintenance at enterprise scale, and to perceive and optimize operating performance. This improved solution is anticipated to provide vital insights using AI for detection of causes for operational failure and provide clear visibility into vital equipment performance.
• In November 2019, Amazon Web Services (AWS) declared that it will be including updates for Alexa Voice Service as well to edge services, IoT Greengrass. Moreover, AWS supported IoT device management as well as added new capabilities for IoT analytics, which will enable easier management of new devices.
• In March 2018, IBM Corporation introduced IoT cloud platform, which includes features of public cloud for the data center. This is projected to analyze consumer requirements and increase number of loyal consumers and create high revenue opportunities for the company.

The global IoT Analytics Market has been segmented as below:

IoT Analytics Market, By Vertical

• Manufacturing
• Energy & Utilities
• Retail & E-commerce
• Healthcare & Life Sciences
• Transportation & Logistics
• Others

IoT Analytics Market, By Organization Size

• Small & Medium Enterprises (SMEs)
• Large Enterprises

IoT Analytics Market, By Deployment

• On-premise
• Cloud

IoT Analytics Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

IoT Analytics Market, By Company

• Accenture Plc
• AGT International
• Amazon Web Services Inc.
• Capgemini SE
• Cisco Systems Inc.
• Dell Technologies Inc.
• GE Digital
• Google LLC
• Greenwave Systems Inc.
• IBM Corporation
• Microsoft Corporation
• Nokia
• Oracle Corporation
• PTC Inc.
• Salesforce.com Inc.
• SAP SE
• Siemens AG
• Teradata Corporation

The report covers the below scope:

• Global IoT Analytics Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global IoT Analytics Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IoT Analytics Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global IoT Analytics Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT Analytics Market share. Major industry players with significant revenue share include Accenture Plc, AGT International, Amazon Web Services Inc.,Capgemini SE, Cisco Systems Inc. and others.

Why to Buy this Report:

• Gain detailed insights on the IoT Analytics industry trends
• Find complete analysis on the market status
• Identify the IoT Analytics Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     IoT Analytics Market, By Vertical

5.1.      Key Points

5.2.  Manufacturing

5.3.  Energy & Utilities

5.4.  Retail & E-commerce

5.5.  Healthcare & Life Sciences

5.6.  Transportation & Logistics

5.7.  Others

6.    IoT Analytics Market, By Organization Size

6.1.      Key Points

6.2. Small & Medium Enterprises (SMEs)

6.3. Large Enterprises

7.     IoT Analytics Market, By Deployment

7.1.      Key Points

7.2.  On-premise

7.3.  Cloud

8.    Competitive Landscape

8.1.      Introduction

8.2.     Start-up companies- IoT Analytics Market

8.3.     Recent Developments

8.3.1.     Mergers & Acquisitions

8.3.2.    New Product Developments

8.3.3.    Portfolio/Production Capacity Expansions

8.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

8.3.5.    Others

9.    Company Profile

9.1.  Accenture Plc

9.2. AGT International

9.3. Amazon Web Services Inc.

9.4. Capgemini SE

9.5.  Cisco Systems Inc.

9.6. Dell Technologies Inc.

9.7.  GE Digital

9.8. Google LLC

9.9. Greenwave Systems Inc.

9.10.    IBM Corporation

9.11.      Microsoft Corporation

9.12.    Nokia

9.13.     Oracle Corporation

9.14.    PTC Inc.

9.15.     Salesforce.com Inc.

9.16.    SAP SE

9.17.     Siemens AG

9.18.    Teradata Corporation