IoT Analytics Market Scope and Size by 2031
The IoT Analytics Market is expected to register a CAGR of 20.1% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Component (Software, Services); Analytics Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics); Deployment (On-Premise, Cloud); Application (Energy Management, Predictive and Asset Management, Inventory Management, Security and Emergency Management, Sales and Customer Management, Building Automation, Infrastructure Management, Remote Monitoring, Others); Industry Vertical (Healthcare, Government and Defense, Manufacturing, Energy and Utilities, Telecommunication and IT, Transportation and Logistics, Retail, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report IoT Analytics Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
IoT Analytics Market Segmentation
Component- Software
- Services
- Predictive Analytics
- Prescriptive Analytics
- Descriptive Analytics
- On-Premise
- Cloud
- Energy Management
- Predictive and Asset Management
- Inventory Management
- Security and Emergency Management
- Sales and Customer Management
- Building Automation
- Infrastructure Management
- Remote Monitoring
- Others
- Energy Management
- Predictive and Asset Management
- Inventory Management
- Security and Emergency Management
- Sales and Customer Management
- Building Automation
- Infrastructure Management
- Remote Monitoring
- Others
Strategic Insights
IoT Analytics Market Growth Drivers- Explosion of IoT Data and Need for Advanced Analytics: The key driver for the growth of the IoT analytics market is the sheer volume of data being generated by IoT devices. With sensors, wearables, smart appliances, and industrial machines all becoming increasingly connected, the number of connected devices is exploding, generating massive amounts of data. The challenge is that businesses have to process, analyze, and make sense of this data to extract meaningful insights. IoT analytics platforms are the solution towards managing and analyzing this data for businesses to better understand customer behavior, equipment performance, and operational efficiencies. The greatest challenge is that every business wants to make decisions using data and leverage data for predictive insights. This has made demand for IoT analytics solutions on a large scale.
- Real-Time Decision-Making and Operational Efficiency: The main drivers of the IoT analytics market are the demands for real-time decision-making that enhance operational efficiency. The manufacturing, logistics, and retail sectors need to analyze data from IoT devices in real time to optimize processes, improve productivity, and reduce downtime. For example, in smart factories, IoT analytics can identify maintenance needs and inefficiencies in real time, and predictive maintenance reduces machine failures. Real-time data analytics also help firms to track supply chains, inventory levels, and also alter the production schedules based on real-time demand. Such real-time availability of insights is transforming industries and accelerating the IoT analytics platforms' adoption.
- Advancements in AI, Machine Learning, and Edge Computing: IoT analytics market is transformed with Artificial Intelligence, Machine Learning, and Edge Computing. With AI, ML, and Edge Computing, it allows smart processing and better decision-making through data. AI and ML algorithms can analyze complex datasets, detect patterns, and make predictions without human intervention. For instance, AI-based models can predict equipment failures before they occur, optimize energy consumption, and improve customer experiences in real time. Edge computing further enhances IoT analytics by allowing data processing closer to the source of data generation—on the devices themselves or nearby edge servers. This reduces latency and bandwidth usage, making data analysis easier to perform quickly without sending everything to a central cloud. The integration of AI, ML, and edge computing is driving innovative forces in IoT analytics and is speeding the growth of the market.
- Rise of Edge Computing: The trend towards edge computing is significantly shaping the IoT analytics market. By processing data closer to where it is generated, organizations can achieve faster analytics and reduce latency. This shift allows for real-time insights and decision-making, enhancing operational efficiency for industries such as manufacturing, logistics, and smart cities, where immediate data responsiveness is crucial.
- Increasing Adoption of IoT Across Industries: The growing adoption of IoT devices in different industries including manufacturing, healthcare, automotive, retail, and smart cities is another driving factor in the IoT analytics market. For instance, in healthcare, IoT devices are used in monitoring the patient's health metric, while in manufacturing, IoT sensors are used in tracking machine performance and production lines. With increasing data from the devices, a business needs sophisticated analytics platforms that can handle and analyze such data in order to improve and innovate. Retailers use IoT analytics for insights on customer behavior, managing their inventory, and personalizing their marketing. Since IoT has penetrated many sectors, a tremendous amount of growth can be tapped into by the analytics market because it will enable businesses to exploit the potential offered by the data to leverage strategic opportunities.
- Cloud-Based IoT Analytics Solutions: The other driver in the IoT analytics market is the shifting trend to cloud-based solutions. Cloud computing offers scalable, flexible, and cost-effective solutions for managing and processing large volumes of data generated by IoT devices. Businesses can use cloud platforms to store, analyze, and visualize IoT data in real time without requiring a lot of infrastructure investments. Besides offering easy integration with other systems, cloud-based IoT analytics provides collaboration tools that allow for data-driven decisions across different business sectors, as insights are shared through collaborations in businesses. Cloud solutions would seem much more attractive to small to medium enterprises if they can leverage IoT data without investing heavily in an on-premises infrastructure.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the IoT Analytics Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the IoT Analytics Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The IoT Analytics Market is estimated to witness a CAGR of 20.1% from 2023 to 2031
The major factors driving the IoT analytics market are:
1. Explosion of IoT Data and Need for Advanced Analytics
2. Real-Time Decision-Making and Operational Efficiency
Advancements in AI, Machine Learning, and Edge Computing is anticipated to play a significant role in the global IoT analytics market in the coming years
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation as our team would review the same and check the feasibility
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 IoT Analytics Market - By Component
1.3.2 IoT Analytics Market - By Analytics Type
1.3.3 IoT Analytics Market - By Deployment
1.3.4 IoT Analytics Market - By Application
1.3.5 IoT Analytics Market - By Industry Vertical
1.3.6 IoT Analytics Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. IOT ANALYTICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. IOT ANALYTICS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. IOT ANALYTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. IOT ANALYTICS - GLOBAL MARKET OVERVIEW
6.2. IOT ANALYTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. IOT ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOFTWARE
7.3.1. Overview
7.3.2. Software Market Forecast and Analysis
7.3.3. Sensor Data Analytics Market
7.3.3.1. Overview
7.3.3.2. Sensor Data Analytics Market Forecast and Analysis
7.3.4. IoT Gateway Analytics Market
7.3.4.1. Overview
7.3.4.2. IoT Gateway Analytics Market Forecast and Analysis
7.3.5. Network Management Market
7.3.5.1. Overview
7.3.5.2. Network Management Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
7.4.3. Deployment and Integration Market
7.4.3.1. Overview
7.4.3.2. Deployment and Integration Market Forecast and Analysis
7.4.4. Support and Maintenance Market
7.4.4.1. Overview
7.4.4.2. Support and Maintenance Market Forecast and Analysis
7.4.5. Consulting Services Market
7.4.5.1. Overview
7.4.5.2. Consulting Services Market Forecast and Analysis
7.4.6. Managed Services Market
7.4.6.1. Overview
7.4.6.2. Managed Services Market Forecast and Analysis
8. IOT ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - ANALYTICS TYPE
8.1. OVERVIEW
8.2. ANALYTICS TYPE MARKET FORECASTS AND ANALYSIS
8.3. PREDICTIVE ANALYTICS
8.3.1. Overview
8.3.2. Predictive Analytics Market Forecast and Analysis
8.4. PRESCRIPTIVE ANALYTICS
8.4.1. Overview
8.4.2. Prescriptive Analytics Market Forecast and Analysis
8.5. DESCRIPTIVE ANALYTICS
8.5.1. Overview
8.5.2. Descriptive Analytics Market Forecast and Analysis
9. IOT ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
9.1. OVERVIEW
9.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
9.3. ON-PREMISE
9.3.1. Overview
9.3.2. On-Premise Market Forecast and Analysis
9.4. CLOUD
9.4.1. Overview
9.4.2. Cloud Market Forecast and Analysis
10. IOT ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. ENERGY MANAGEMENT
10.3.1. Overview
10.3.2. Energy Management Market Forecast and Analysis
10.4. PREDICTIVE AND ASSET MANAGEMENT
10.4.1. Overview
10.4.2. Predictive and Asset Management Market Forecast and Analysis
10.5. INVENTORY MANAGEMENT
10.5.1. Overview
10.5.2. Inventory Management Market Forecast and Analysis
10.6. SECURITY AND EMERGENCY MANAGEMENT
10.6.1. Overview
10.6.2. Security and Emergency Management Market Forecast and Analysis
10.7. SALES AND CUSTOMER MANAGEMENT
10.7.1. Overview
10.7.2. Sales and Customer Management Market Forecast and Analysis
10.8. BUILDING AUTOMATION
10.8.1. Overview
10.8.2. Building Automation Market Forecast and Analysis
10.9. INFRASTRUCTURE MANAGEMENT
10.9.1. Overview
10.9.2. Infrastructure Management Market Forecast and Analysis
10.10. REMOTE MONITORING
10.10.1. Overview
10.10.2. Remote Monitoring Market Forecast and Analysis
10.11. OTHERS
10.11.1. Overview
10.11.2. Others Market Forecast and Analysis
11. IOT ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
11.1. OVERVIEW
11.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
11.3. HEALTHCARE
11.3.1. Overview
11.3.2. Healthcare Market Forecast and Analysis
11.4. GOVERNMENT AND DEFENSE
11.4.1. Overview
11.4.2. Government and Defense Market Forecast and Analysis
11.5. MANUFACTURING
11.5.1. Overview
11.5.2. Manufacturing Market Forecast and Analysis
11.6. ENERGY AND UTILITIES
11.6.1. Overview
11.6.2. Energy and Utilities Market Forecast and Analysis
11.7. TELECOMMUNICATION AND IT
11.7.1. Overview
11.7.2. Telecommunication and IT Market Forecast and Analysis
11.8. TRANSPORTATION AND LOGISTICS
11.8.1. Overview
11.8.2. Transportation and Logistics Market Forecast and Analysis
11.9. RETAIL
11.9.1. Overview
11.9.2. Retail Market Forecast and Analysis
11.10. OTHERS
11.10.1. Overview
11.10.2. Others Market Forecast and Analysis
12. IOT ANALYTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America IoT Analytics Market Overview
12.1.2 North America IoT Analytics Market Forecasts and Analysis
12.1.3 North America IoT Analytics Market Forecasts and Analysis - By Component
12.1.4 North America IoT Analytics Market Forecasts and Analysis - By Analytics Type
12.1.5 North America IoT Analytics Market Forecasts and Analysis - By Deployment
12.1.6 North America IoT Analytics Market Forecasts and Analysis - By Application
12.1.7 North America IoT Analytics Market Forecasts and Analysis - By Industry Vertical
12.1.8 North America IoT Analytics Market Forecasts and Analysis - By Countries
12.1.8.1 United States IoT Analytics Market
12.1.8.1.1 United States IoT Analytics Market by Component
12.1.8.1.2 United States IoT Analytics Market by Analytics Type
12.1.8.1.3 United States IoT Analytics Market by Deployment
12.1.8.1.4 United States IoT Analytics Market by Application
12.1.8.1.5 United States IoT Analytics Market by Industry Vertical
12.1.8.2 Canada IoT Analytics Market
12.1.8.2.1 Canada IoT Analytics Market by Component
12.1.8.2.2 Canada IoT Analytics Market by Analytics Type
12.1.8.2.3 Canada IoT Analytics Market by Deployment
12.1.8.2.4 Canada IoT Analytics Market by Application
12.1.8.2.5 Canada IoT Analytics Market by Industry Vertical
12.1.8.3 Mexico IoT Analytics Market
12.1.8.3.1 Mexico IoT Analytics Market by Component
12.1.8.3.2 Mexico IoT Analytics Market by Analytics Type
12.1.8.3.3 Mexico IoT Analytics Market by Deployment
12.1.8.3.4 Mexico IoT Analytics Market by Application
12.1.8.3.5 Mexico IoT Analytics Market by Industry Vertical
12.2. EUROPE
12.2.1 Europe IoT Analytics Market Overview
12.2.2 Europe IoT Analytics Market Forecasts and Analysis
12.2.3 Europe IoT Analytics Market Forecasts and Analysis - By Component
12.2.4 Europe IoT Analytics Market Forecasts and Analysis - By Analytics Type
12.2.5 Europe IoT Analytics Market Forecasts and Analysis - By Deployment
12.2.6 Europe IoT Analytics Market Forecasts and Analysis - By Application
12.2.7 Europe IoT Analytics Market Forecasts and Analysis - By Industry Vertical
12.2.8 Europe IoT Analytics Market Forecasts and Analysis - By Countries
12.2.8.1 Germany IoT Analytics Market
12.2.8.1.1 Germany IoT Analytics Market by Component
12.2.8.1.2 Germany IoT Analytics Market by Analytics Type
12.2.8.1.3 Germany IoT Analytics Market by Deployment
12.2.8.1.4 Germany IoT Analytics Market by Application
12.2.8.1.5 Germany IoT Analytics Market by Industry Vertical
12.2.8.2 France IoT Analytics Market
12.2.8.2.1 France IoT Analytics Market by Component
12.2.8.2.2 France IoT Analytics Market by Analytics Type
12.2.8.2.3 France IoT Analytics Market by Deployment
12.2.8.2.4 France IoT Analytics Market by Application
12.2.8.2.5 France IoT Analytics Market by Industry Vertical
12.2.8.3 Italy IoT Analytics Market
12.2.8.3.1 Italy IoT Analytics Market by Component
12.2.8.3.2 Italy IoT Analytics Market by Analytics Type
12.2.8.3.3 Italy IoT Analytics Market by Deployment
12.2.8.3.4 Italy IoT Analytics Market by Application
12.2.8.3.5 Italy IoT Analytics Market by Industry Vertical
12.2.8.4 United Kingdom IoT Analytics Market
12.2.8.4.1 United Kingdom IoT Analytics Market by Component
12.2.8.4.2 United Kingdom IoT Analytics Market by Analytics Type
12.2.8.4.3 United Kingdom IoT Analytics Market by Deployment
12.2.8.4.4 United Kingdom IoT Analytics Market by Application
12.2.8.4.5 United Kingdom IoT Analytics Market by Industry Vertical
12.2.8.5 Russia IoT Analytics Market
12.2.8.5.1 Russia IoT Analytics Market by Component
12.2.8.5.2 Russia IoT Analytics Market by Analytics Type
12.2.8.5.3 Russia IoT Analytics Market by Deployment
12.2.8.5.4 Russia IoT Analytics Market by Application
12.2.8.5.5 Russia IoT Analytics Market by Industry Vertical
12.2.8.6 Rest of Europe IoT Analytics Market
12.2.8.6.1 Rest of Europe IoT Analytics Market by Component
12.2.8.6.2 Rest of Europe IoT Analytics Market by Analytics Type
12.2.8.6.3 Rest of Europe IoT Analytics Market by Deployment
12.2.8.6.4 Rest of Europe IoT Analytics Market by Application
12.2.8.6.5 Rest of Europe IoT Analytics Market by Industry Vertical
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific IoT Analytics Market Overview
12.3.2 Asia-Pacific IoT Analytics Market Forecasts and Analysis
12.3.3 Asia-Pacific IoT Analytics Market Forecasts and Analysis - By Component
12.3.4 Asia-Pacific IoT Analytics Market Forecasts and Analysis - By Analytics Type
12.3.5 Asia-Pacific IoT Analytics Market Forecasts and Analysis - By Deployment
12.3.6 Asia-Pacific IoT Analytics Market Forecasts and Analysis - By Application
12.3.7 Asia-Pacific IoT Analytics Market Forecasts and Analysis - By Industry Vertical
12.3.8 Asia-Pacific IoT Analytics Market Forecasts and Analysis - By Countries
12.3.8.1 Australia IoT Analytics Market
12.3.8.1.1 Australia IoT Analytics Market by Component
12.3.8.1.2 Australia IoT Analytics Market by Analytics Type
12.3.8.1.3 Australia IoT Analytics Market by Deployment
12.3.8.1.4 Australia IoT Analytics Market by Application
12.3.8.1.5 Australia IoT Analytics Market by Industry Vertical
12.3.8.2 China IoT Analytics Market
12.3.8.2.1 China IoT Analytics Market by Component
12.3.8.2.2 China IoT Analytics Market by Analytics Type
12.3.8.2.3 China IoT Analytics Market by Deployment
12.3.8.2.4 China IoT Analytics Market by Application
12.3.8.2.5 China IoT Analytics Market by Industry Vertical
12.3.8.3 India IoT Analytics Market
12.3.8.3.1 India IoT Analytics Market by Component
12.3.8.3.2 India IoT Analytics Market by Analytics Type
12.3.8.3.3 India IoT Analytics Market by Deployment
12.3.8.3.4 India IoT Analytics Market by Application
12.3.8.3.5 India IoT Analytics Market by Industry Vertical
12.3.8.4 Japan IoT Analytics Market
12.3.8.4.1 Japan IoT Analytics Market by Component
12.3.8.4.2 Japan IoT Analytics Market by Analytics Type
12.3.8.4.3 Japan IoT Analytics Market by Deployment
12.3.8.4.4 Japan IoT Analytics Market by Application
12.3.8.4.5 Japan IoT Analytics Market by Industry Vertical
12.3.8.5 South Korea IoT Analytics Market
12.3.8.5.1 South Korea IoT Analytics Market by Component
12.3.8.5.2 South Korea IoT Analytics Market by Analytics Type
12.3.8.5.3 South Korea IoT Analytics Market by Deployment
12.3.8.5.4 South Korea IoT Analytics Market by Application
12.3.8.5.5 South Korea IoT Analytics Market by Industry Vertical
12.3.8.6 Rest of Asia-Pacific IoT Analytics Market
12.3.8.6.1 Rest of Asia-Pacific IoT Analytics Market by Component
12.3.8.6.2 Rest of Asia-Pacific IoT Analytics Market by Analytics Type
12.3.8.6.3 Rest of Asia-Pacific IoT Analytics Market by Deployment
12.3.8.6.4 Rest of Asia-Pacific IoT Analytics Market by Application
12.3.8.6.5 Rest of Asia-Pacific IoT Analytics Market by Industry Vertical
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa IoT Analytics Market Overview
12.4.2 Middle East and Africa IoT Analytics Market Forecasts and Analysis
12.4.3 Middle East and Africa IoT Analytics Market Forecasts and Analysis - By Component
12.4.4 Middle East and Africa IoT Analytics Market Forecasts and Analysis - By Analytics Type
12.4.5 Middle East and Africa IoT Analytics Market Forecasts and Analysis - By Deployment
12.4.6 Middle East and Africa IoT Analytics Market Forecasts and Analysis - By Application
12.4.7 Middle East and Africa IoT Analytics Market Forecasts and Analysis - By Industry Vertical
12.4.8 Middle East and Africa IoT Analytics Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa IoT Analytics Market
12.4.8.1.1 South Africa IoT Analytics Market by Component
12.4.8.1.2 South Africa IoT Analytics Market by Analytics Type
12.4.8.1.3 South Africa IoT Analytics Market by Deployment
12.4.8.1.4 South Africa IoT Analytics Market by Application
12.4.8.1.5 South Africa IoT Analytics Market by Industry Vertical
12.4.8.2 Saudi Arabia IoT Analytics Market
12.4.8.2.1 Saudi Arabia IoT Analytics Market by Component
12.4.8.2.2 Saudi Arabia IoT Analytics Market by Analytics Type
12.4.8.2.3 Saudi Arabia IoT Analytics Market by Deployment
12.4.8.2.4 Saudi Arabia IoT Analytics Market by Application
12.4.8.2.5 Saudi Arabia IoT Analytics Market by Industry Vertical
12.4.8.3 U.A.E IoT Analytics Market
12.4.8.3.1 U.A.E IoT Analytics Market by Component
12.4.8.3.2 U.A.E IoT Analytics Market by Analytics Type
12.4.8.3.3 U.A.E IoT Analytics Market by Deployment
12.4.8.3.4 U.A.E IoT Analytics Market by Application
12.4.8.3.5 U.A.E IoT Analytics Market by Industry Vertical
12.4.8.4 Rest of Middle East and Africa IoT Analytics Market
12.4.8.4.1 Rest of Middle East and Africa IoT Analytics Market by Component
12.4.8.4.2 Rest of Middle East and Africa IoT Analytics Market by Analytics Type
12.4.8.4.3 Rest of Middle East and Africa IoT Analytics Market by Deployment
12.4.8.4.4 Rest of Middle East and Africa IoT Analytics Market by Application
12.4.8.4.5 Rest of Middle East and Africa IoT Analytics Market by Industry Vertical
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America IoT Analytics Market Overview
12.5.2 South and Central America IoT Analytics Market Forecasts and Analysis
12.5.3 South and Central America IoT Analytics Market Forecasts and Analysis - By Component
12.5.4 South and Central America IoT Analytics Market Forecasts and Analysis - By Analytics Type
12.5.5 South and Central America IoT Analytics Market Forecasts and Analysis - By Deployment
12.5.6 South and Central America IoT Analytics Market Forecasts and Analysis - By Application
12.5.7 South and Central America IoT Analytics Market Forecasts and Analysis - By Industry Vertical
12.5.8 South and Central America IoT Analytics Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil IoT Analytics Market
12.5.8.1.1 Brazil IoT Analytics Market by Component
12.5.8.1.2 Brazil IoT Analytics Market by Analytics Type
12.5.8.1.3 Brazil IoT Analytics Market by Deployment
12.5.8.1.4 Brazil IoT Analytics Market by Application
12.5.8.1.5 Brazil IoT Analytics Market by Industry Vertical
12.5.8.2 Argentina IoT Analytics Market
12.5.8.2.1 Argentina IoT Analytics Market by Component
12.5.8.2.2 Argentina IoT Analytics Market by Analytics Type
12.5.8.2.3 Argentina IoT Analytics Market by Deployment
12.5.8.2.4 Argentina IoT Analytics Market by Application
12.5.8.2.5 Argentina IoT Analytics Market by Industry Vertical
12.5.8.3 Rest of South and Central America IoT Analytics Market
12.5.8.3.1 Rest of South and Central America IoT Analytics Market by Component
12.5.8.3.2 Rest of South and Central America IoT Analytics Market by Analytics Type
12.5.8.3.3 Rest of South and Central America IoT Analytics Market by Deployment
12.5.8.3.4 Rest of South and Central America IoT Analytics Market by Application
12.5.8.3.5 Rest of South and Central America IoT Analytics Market by Industry Vertical
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. IOT ANALYTICS MARKET, KEY COMPANY PROFILES
14.1. IBM
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. AMAZON WEB SERVICES, INC.
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. CISCO SYSTEMS, INC.
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. DELL TECHNOLOGIES INC.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. HEWLETT-PACKARD
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. HITACHI, LTD
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. MICROSOFT
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. PTC INC.
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. SAP SE
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. TERADATA CORPORATION
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. IBM
2. Amazon Web Services, Inc.
3. Cisco Systems, Inc.
4. Dell Technologies Inc.
5. Hewlett-Packard
6. Hitachi, Ltd
7. Microsoft
8. PTC Inc.
9. SAP SE
10. Teradata Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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