Insights on the IoT Analytics Global Market to 2028 - by Component, Analytics Type, Organization Size, Deployment Mode, End-use and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "IoT Analytics Market Size, Revenue Share, Current Market Trends, By Component, By Analytics Type, By Organization Size, By Deployment Mode, By End Use, And By Region, Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.

The global IoT analytics market size is expected to reach USD 109.81 Billion in 2028, and register a CAGR of 26.7% during the forecast period.

Rapid adoption of IoT and advent of new and advanced technologies is resulting increasing deployment of IoT data analytics in the agriculture sector in order to enhance efficiency of operations and enhance productivity in farms. In addition, IoT analytics is used for monitoring soil to optimize water-efficiency of automated irrigation equipment and systems. However, concerns regarding ownership and processing of large volume of data collected could hamper market growth to some extent.

Companies Mentioned

• Microsoft Corporation
• IBM Corporation
• Cisco Systems Inc.
• Amazon Web Services
• Oracle Corporation
• Dell Technologies Inc.
• Hitachi Ltd.
• Salesforce.Com Inc.
• PTC Inc.
• Mnubo (Aspen Technology Inc.)
• Google LLC

Some Key Findings From the Report:

• Among the component segments, the software segment accounted for the largest revenue share in the global IoT analytics market in 2020 and is expected to continue contributing major revenue share over the forecast period. The services segment is expected to register a significantly high revenue growth rate during the forecast period.
• Among the analytics type segments, the prescriptive analytics segment is projected to register a relatively steady revenue growth rate during the forecast period.
• Among the organization size segments, the small and medium enterprises (SMEs) accounted for significantly large revenue share in 2020.
• Among the deployment mode segments, the on-premise segment is expected to register a robust CAGR during the forecast period.
• Among the end-use segments, the Telecommunications & IT segment is expected to register highest revenue growth rate during the forecast period, due to high demand for these solutions especially from countries in Asia Pacific.
• North America IoT analytics market accounted for considerably high revenue share in 2020, attributed to increasing number of activities in various sectors including construction and infrastructure, and mining, among others.
• Asia Pacific market is projected to register the highest CAGR in terms of revenue over the forecast period, due to increasing infrastructure development projects, rising demand for cloud solutions, and growing adoption of IoT devices and other technologies that generate large data volumes, resulting in need for analyzing data.

Reasons to Buy the Report

• A robust analysis and estimation of the IoT Analytics Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
• A holistic competitive landscape of all the major players in the IoT Analytics Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
• Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
• Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
• Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization

Key Topics Covered:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. IoT Analytics Market Segmentation & Impact Analysis

4.1. IoT Analytics Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Growth in IoT data

4.2.2.2. Increase in demand for Advanced Analytics and Automation for Businesses

4.2.3. Market restraints analysis

4.2.3.1. Lack of Real-Time Algorithms

4.3. Technological Insights

4.4. Regulatory Framework

4.5. ETOP Analysis

4.6. Porter's Five Forces Analysis

4.7. Competitive Metric Space Analysis

4.8. Price trend Analysis

Chapter 5. IoT Analytics By Component Insights & Trends

Chapter 6. IoT Analytics By Analytics Time Insights & Trends

Chapter 7. IoT Analytics By Organization Size Insights & Trends

Chapter 8. IoT Analytics By Deployment Mode Insights & Trends

Chapter 9. IoT Analytics By End Users Insights & Trends

Chapter 10. IoT Analytics Market Regional Outlook

Chapter 11. Competitive Landscape

11.1. Market Revenue Share By Manufacturers

11.2. Manufacturing Cost Breakdown Analysis

11.3. Mergers & Acquisitions

11.4. Market positioning

11.5. Strategy Benchmarking

11.6. Vendor Landscape

Chapter 12. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/agn13a