Analytics of Things Market Research Report- Forecast 2023


Market Synopsis

As per the analysis by Market Research Future Reports (MRFR), the global analytic of things market is likely to value USD 34.61 billion by 2025, thriving at a CAGR of 28.6%.

The advanced technology and the rising investment is the major driving the global analytic of things market 2020. The need for advanced analytics is on a constant rise, which is boosting the global market. Moreover, there has been an increase in the demand for IoT. Besides, the immediate information is a need and priority for every organization, which further propels the market.

Furthermore, the AoT provides efficiency in work. The organizations are making significant investments in developing the AoT technology and training the human resources for an efficient AoT. The increasing IoT data and the urgent need to analyze it another essential factor that influences the market. Besides, the AoT enables the organizations to make efficient decisions regarding the business, which augments the demand for AoT. Furthermore, the rising applications of analytics of things from healthcare, I.T. and telecommunication, manufacturing, and other verticals provide lucrative opportunities to the key players at a global level. On the other hand, the increasing concern regarding data security can act as an obstruction in expanding the market.

The market is projected to have an unexpected trajectory due to the outbreak of COVID-19.

Market Segmentation

The global analytics of things market can be segregated on the basis of application, component, vertical, type, and region.

  • On the basis of application, the global analytics of things market can be classified into I.T. infrastructure management, remote monitoring, sales, and customer management, energy management, predictive maintenance and asset management, inventory management, building automation, security, and emergency management, and others.
  • On the basis of components, the global analytics of things market can be classified into software and services.
  • On the basis of vertical, the global analytics of things market can be classified into energy and utilities, manufacturing, telecommunications and I.T., transportation and logistics, retail and e-commerce, healthcare and life sciences, government and defense, others.
  • On the basis of type, the worldwide analytics of things market can be classified into predictive analytics, descriptive analytics, and prescriptive analytics.
  • On the basis of region, the global analytics of things market can be classified into Europe, North America, Asia-Pacific, Middle East & Africa, and South America.

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/3897

Regional Analysis

The geographical analysis of Europe, North America, Asia-Pacific, Middle East & Africa, and South America has been conducted. As per the analysis by MRFR, North America is likely to acquire the largest market share during the review period. The region excels due to the surging usage of AoT and services and services for evaluating the data from IoT equipment. The U.S dominates the North American market due to its continuous evolution in technology. On the other hand, the APAC region is estimated to expand at the fastest rate during the review period. There has been a sudden increase in demand for developed analytics. Besides, there has been a prodigious increment in the IoT data. The countries which make the maximum participation from the APAC region are India, Japan, and China. Owing to the rising digitalization in several verticals like manufacturing, transportation, telecommunications, and I.T., life science, healthcare, e-commerce, and government, the demand for AoT is likely to shoot up.

Key Players

The forefront players of the global analytics of things market are

  • Cisco Systems, Inc. (U.S.)
  • Hewlett Packard Enterprise Company (U.S.)
  •   Dell Technologies, Inc. (U.S.)
  • Amazon Web Services (U.S.)
  • Google, Inc., (U.S.)
  •   Salesforce.com, Inc. (U.S.)
  • IBM Corporation (U.S.)
  •   Microsoft Corporation (U.S.)
  • SAP SE (Germany)
  • Oracle Corporation (U.S.)
  • PTC (U.S.)
  • MNUBO (Canada).

Access Report Details @ https://www.marketresearchfuture.com/reports/analytics-of-things-market-3897

Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Field-Erected Cooling Tower Market 2021 Business Strategies, Growth Factors and Demand Forecast 2025

Image
Market Highlights The field-erected cooling tower is primarily designed for its broader application in the greater capacity heat emission systems, such as steel processing plants, power plants, and petrochemical plants. Field-erected cooling towers are bigger in size as compared to the conventional package type cooling tower. A normal  field-erected cooling tower  comprises pultruded structural components used in the entire cooling tower, which generates an engineered framework of unsurpassed quality, reliability, and safety. Structural pultrusions is approximately of the same strength of steel in tension and compression for a field-erected cooling tower. Fiberglass is implemented as it is impervious to a broad range of corrosive materials, immune to deterioration for the field-erected cooling tower. The global field-erected cooling tower market is projected to have a huge number of developments throughout the forecast period, owing to incessant technological advancements in the energy
Read more

Medium Voltage Cables Market 2021 Industry Outlook, Investment Analysis and Revenue 2025

Image
Industry Insight A report on the  global medium voltage cables market 2020  has hit stands after a sudden strike of novel coronavirus globally. This study by Market Research Future is based on different aspects of growth rate, revenue, leading players, regions, and forecast. The study reveals that the overall market would inflate rapidly at a pace of 6%, which is growth rate post the pandemic owing to the invention of the new dynamism, which is making rapid progress in the market’s growth, mainly from the years 2017-2023. Global Medium Voltage Cables Market – Notable Developments The global medium voltage cables market expects to achieve massive growth after the long term impact of the COVID 19 outbreak. The medium voltage cables market expansion is predominantly attributable to the mounting electricity demand around the world. The rising demand in diverse countries owing to the increasing population and urbanization in recent years is likely to create extensive growth opportunities fo
Read more

ERP Software Market Research Report- Forecast 2023

Image
ERP Software Market Value to Touch USD 49.03 Bn by 2023 Market synopsis As per Market Research Future (MRFR) study, the world ERP software market 2020 can rise at 7.45% CAGR by 2023. The increase in ERP software trends can result in the escalation of the ERP software market valuation. In 2017, USD 32.44 Bn was recorded as ERP market valuation. MRFR findings states that the global ERP market can surge at USD 49.03 Bn by 2023. The notable presence of some reputed ERP software developers can result in the expansion of the ERP software market. In North America, the expansion of the technical base can boost the expansion of the ERP software in the region. The increased adoption of  ERP software  by numerous enterprises to improve operational threshold, productivity, and transparency can support the expansion of ERP software market through the assessment period. The cloud-based deployment model utility is increasing across different sectors, thus improving the deployment of ERP software. ERP
Read more