Market Overview:
The global analytics of things (AoT) market is expected to grow from USD 9.02 billion in 2018 to USD 34.81 billion by 2030, at a CAGR of 23.5% during the forecast period. The growth of the AoT market can be attributed to the increasing demand for predictive maintenance and assets management, sales and customer management, energy management, security management, inventory management, infrastructure management, building automation, remote monitoring applications across different industry verticals. Furthermore, growing adoption of big data and IoT technologies is also fueling the growth of the AoT market.
 Industry Outlook.svg)
Product Definition:
The term "Analytics of Things" (AoT) is used to describe the process of extracting insights from data generated by connected devices and sensors. The importance of Analytics of Things (AoT) is that it allows organizations to gain a better understanding of how their products and services are being used, identify areas for improvement, and make changes that can lead to increased efficiency and profitability.
Software:
Software is the part of analytics of things (AoT) market that helps in collecting, organizing, and analyzing data. It also helps in communicating the results to stakeholders. The growth factor for software is its ability to increase operational efficiency by reducing human effort and time consumption. Software also provides a platform for easy access to information which can be used by any individual or department with no prior training or expertise.
Services:
The services segment includes professional and managed services. The service helps in reducing the complexity of analytics of things (AoT) systems, which is a key factor driving the growth of this segment. Increasing demand for cloud-based solutions and decreasing costs are also contributing to its high market share.
The managed services include support & maintenance as well as integration & deployment whereas support.
Application Insights:
The predictive maintenance & assets management segment dominated the global analytics of things market in 2017. Predictive maintenance & assets management enables real-time decisions on asset condition, location and performance for improved operations and increased revenues. The sales & customer management segment is anticipated to grow at a significant rate over the forecast period owing to its ability to provide insights into consumer behavior, which helps improve business operations. Analytics solutions in this segment enable organizations to identify new customers, track existing customers¢â‚¬â„¢ spending patterns and understand which marketing campaigns are successful.
The energy management segment is expected register notable growth over the forecast period as analytics solutions help optimize production levels by monitoring power generation from renewable sources such as wind or solar energy along with conventional sources such as coal or gas plants for better utilization of resources and reduced operating costs across various industries including oil & gas, manufacturing, utilities among others.
Regional Analysis:
The market in North America accounted for the largest share in 2016 owing to the presence of a large number of vendors offering analytics solutions. The region is expected to continue its dominance over the forecast period, with growth primarily driven by U.S. Furthermore, growing demand for connected devices and IoT applications is also expected to drive regional market growth over the forecast period.
However, Asia Pacific is anticipated to be one of the fastest-growing regions during the same period owing to increasing investments from various governments and companies aimed at deploying analytics infrastructure across enterprises in China and India as well as other countries such as Singapore and Australia.
Moreover, several global players are investing heavily in these markets due their massive potential; hence making it lucrative for businesses operating within them adopt advanced technologies such as Analytics & IoT Platforms/Services (AiPS).
Growth Factors:
- Increasing demand for data-driven decision making across industries
- Proliferation of low-cost and easy-to-use sensors
- Growing demand for real-time insights into business operations
- Emergence of predictive analytics and artificial intelligence technologies
- Increased focus on security and privacy by businesses and consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Analytics of Things (AoT) Market Research Report
By Type
Software, Services
By Application
Predictive Maintenance & Assets Management, Sales & Customer Management, Energy Management, Security Management, Inventory Management, Infrastructure Management, Building Automation, Remote Monitoring, Others
By Companies
Microsoft, Google, SAP, Intel, IBM, Cisco, TIBCO, AGT, Capgemini, Accenture
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Analytics of Things (AoT) Market Report Segments:
The global Analytics of Things (AoT) market is segmented on the basis of:
Types
Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Predictive Maintenance & Assets Management, Sales & Customer Management, Energy Management, Security Management, Inventory Management, Infrastructure Management, Building Automation, Remote Monitoring, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Microsoft
- Google
- SAP
- Intel
- IBM
- Cisco
- TIBCO
- AGT
- Capgemini
- Accenture
 Market Overview.svg)
Highlights of The Analytics of Things (AoT) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- By Application:
- Predictive Maintenance & Assets Management
- Sales & Customer Management
- Energy Management
- Security Management
- Inventory Management
- Infrastructure Management
- Building Automation
- Remote Monitoring
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Analytics of Things (AoT) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Analytics of Things (AoT) is a technology that enables the collection, analysis and management of data from physical objects and systems. This can include things like sensors on machines or products, or devices attached to people. AoT can help businesses improve their operations by providing insights into how they are performing, what needs to be improved and where potential risks lie.
Some of the major companies in the analytics of things (aot) market are Microsoft, Google, SAP, Intel, IBM, Cisco, TIBCO, AGT, Capgemini, Accenture.
The analytics of things (aot) market is expected to register a CAGR of 23.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Analytics of Things (AoT) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Analytics of Things (AoT) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Analytics of Things (AoT) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Analytics of Things (AoT) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Analytics of Things (AoT) Market Size & Forecast, 2020-2028
4.5.1 Analytics of Things (AoT) Market Size and Y-o-Y Growth
4.5.2 Analytics of Things (AoT) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Predictive Maintenance & Assets Management
6.2.2 Sales & Customer Management
6.2.3 Energy Management
6.2.4 Security Management
6.2.5 Inventory Management
6.2.6 Infrastructure Management
6.2.7 Building Automation
6.2.8 Remote Monitoring
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Analytics of Things (AoT) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Analytics of Things (AoT) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Predictive Maintenance & Assets Management
9.10.2 Sales & Customer Management
9.10.3 Energy Management
9.10.4 Security Management
9.10.5 Inventory Management
9.10.6 Infrastructure Management
9.10.7 Building Automation
9.10.8 Remote Monitoring
9.10.9 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Predictive Maintenance & Assets Management
10.10.2 Sales & Customer Management
10.10.3 Energy Management
10.10.4 Security Management
10.10.5 Inventory Management
10.10.6 Infrastructure Management
10.10.7 Building Automation
10.10.8 Remote Monitoring
10.10.9 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Predictive Maintenance & Assets Management
11.10.2 Sales & Customer Management
11.10.3 Energy Management
11.10.4 Security Management
11.10.5 Inventory Management
11.10.6 Infrastructure Management
11.10.7 Building Automation
11.10.8 Remote Monitoring
11.10.9 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Predictive Maintenance & Assets Management
12.10.2 Sales & Customer Management
12.10.3 Energy Management
12.10.4 Security Management
12.10.5 Inventory Management
12.10.6 Infrastructure Management
12.10.7 Building Automation
12.10.8 Remote Monitoring
12.10.9 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Predictive Maintenance & Assets Management
13.10.2 Sales & Customer Management
13.10.3 Energy Management
13.10.4 Security Management
13.10.5 Inventory Management
13.10.6 Infrastructure Management
13.10.7 Building Automation
13.10.8 Remote Monitoring
13.10.9 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Analytics of Things (AoT) Market: Competitive Dashboard
14.2 Global Analytics of Things (AoT) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft
14.3.2 Google
14.3.3 SAP
14.3.4 Intel
14.3.5 IBM
14.3.6 Cisco
14.3.7 TIBCO
14.3.8 AGT
14.3.9 Capgemini
14.3.10 Accenture
