Market Overview:
The global internet of things analytics market is expected to grow at a CAGR of 27.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for real-time data analysis and insights for better decision making, rising number of connected devices, and growing need for improved business efficiency and agility. The global internet of things analytics market is segmented on the basis of type into unstructured data, semi-structured data, and structured data. The unstructured data segment is expected to hold the largest share in the global internet of things analytics market during the forecast period owing to its ability to capture all types of information including text, images, audio files, and video files. On the basis of application, the global internet of things analytics market is segmented into personal applications; enterprise applications; government & defense applications; healthcare & life sciences applications; transportation & logistics applications; energy & utilities applications; retail & consumer goods applications; media & entertainment Applications ;and others (education institutions etc.).
Product Definition:
IoT analytics is the process of collecting and analyzing data from IoT devices to help businesses make better decisions. The importance of IoT analytics is that it can help businesses identify trends, understand customer behavior, and optimize operations.
Unstructured Data:
Unstructured data is data that is not in a structured format. It can be in the form of text, images, videos or any other media type. Unstructured data includes blogs, social media status updates and unstructured web pages which are referred to as “freebase”. Freebase refers to information stored on internet domain name "Wikipedia".
Semi-structured Data:
Semi-structured data is a combination of structured and unstructured data. It's primary characteristic is that it's not fully defined in advance. Semi-structured data can be used to represent any type of information, ranging from emails to web pages to social media posts.
The Internet of Things (IoT) has gained popularity due to the availability of low cost sensors.
Application Insights:
The other application segment includes the Internet of things analytics in the automotive, healthcare and energy sectors. The growth of these sectors is dependent upon various factors such as technological advancements, regulatory support and adoption by end users. For instance, according to GAVS Technologies Pvt. Ltd., more than 20 billion connected devices are expected to be deployed globally by 2020 which will create a huge amount of data for analysis across different industries including transportation & logistics, manufacturing, etc. Thus internet-of-things analytics in this sector is expected to witness significant growth over the forecast period especially in developed economies like North America and Europe where there is a high level of digitalization among consumers as well as enterprises respectively.
The personal application segment comprises consumer electronics applications that enable users to monitor their health & fitness using smart wearable devices or smartphones with built-in sensors for activity tracking purposes along with remote monitoring from home security systems via Wi-Fi or Bluetooth connectivity enabled products which further enables real time communication between IoT device.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing adoption of IoT technologies and rising demand for real-time data analysis across various industries, such as manufacturing, healthcare & life sciences, transportation & logistics, and others. Moreover, presence of major technology players in this region has led to increased deployment of IoT analytics solutions based on unstructured or semi-structured data sets.
Asia Pacific is anticipated to emerge as a lucrative regional market during the same period owing to growing number of smart cities initiatives by governments in countries such as China and India.
Growth Factors:
- Increasing demand for data-driven decision making: The IoT analytics market is expected to grow at a CAGR of 31.5% from 2016 to 2021, owing to the increasing demand for data-driven decision making across industries. The need for timely and actionable insights has led organizations to adopt big data and IoT analytics solutions.
- Proliferation of connected devices: The number of connected devices is expected to reach 30 billion by 2020, creating a massive pool of data that needs to be processed and analyzed. This will drive the growth of the IoT analytics market as businesses seek ways to make sense of all this data in order to improve their operations and customer experience.
- Emergence of new use cases: With the growing popularity of IoT, businesses are exploring new use cases for it such as smart cities, healthcare, retail, transportation, and logistics etc., which will create opportunities for vendors in the IoT analytics market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Internet of Things Analytics Market Research Report
By Type
Unstructured Data, Semi-structured Data, Structured Data
By Application
Personal, Enterprise, Other
By Companies
Amazon, Cisco, Google, Greenwave, Hitachi, Hewlett Packard, IBM
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Internet of Things Analytics Market Report Segments:
The global Internet of Things Analytics market is segmented on the basis of:
Types
Unstructured Data, Semi-structured Data, Structured Data
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
Personal, Enterprise, Other
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:
- Amazon
- Cisco
- Google
- Greenwave
- Hitachi
- Hewlett Packard
- IBM
Highlights of The Internet of Things Analytics 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:
- Unstructured Data
- Semi-structured Data
- Structured Data
- By Application:
- Personal
- Enterprise
- Other
- 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 Internet of Things Analytics 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.
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- Correctly Positioning New Products
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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?
Internet of Things Analytics is a data analytics technique that helps organizations understand how devices are interacting with each other and the environment. IoT analytics can help identify issues, optimize operations, and make decisions based on data.
Some of the major players in the internet of things analytics market are Amazon, Cisco, Google, Greenwave, Hitachi, Hewlett Packard, IBM.
The internet of things analytics market is expected to register a CAGR of 27.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Internet of Things Analytics 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 Internet of Things Analytics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Internet of Things Analytics 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 Internet of Things Analytics 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 Internet of Things Analytics Market Size & Forecast, 2018-2028
4.5.1 Internet of Things Analytics Market Size and Y-o-Y Growth
4.5.2 Internet of Things Analytics Market Absolute $ Opportunity
Chapter 5 Global Internet of Things Analytics 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 Internet of Things Analytics Market Size Forecast by Type
5.2.1 Unstructured Data
5.2.2 Semi-structured Data
5.2.3 Structured Data
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Internet of Things Analytics 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 Internet of Things Analytics Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Enterprise
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Internet of Things Analytics 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 Internet of Things Analytics 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 Internet of Things Analytics Analysis and Forecast
9.1 Introduction
9.2 North America Internet of Things Analytics 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 Internet of Things Analytics Market Size Forecast by Type
9.6.1 Unstructured Data
9.6.2 Semi-structured Data
9.6.3 Structured Data
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 Internet of Things Analytics Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Enterprise
9.10.3 Other
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 Internet of Things Analytics Analysis and Forecast
10.1 Introduction
10.2 Europe Internet of Things Analytics 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 Internet of Things Analytics Market Size Forecast by Type
10.6.1 Unstructured Data
10.6.2 Semi-structured Data
10.6.3 Structured Data
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 Internet of Things Analytics Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Enterprise
10.10.3 Other
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 Internet of Things Analytics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Internet of Things Analytics 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 Internet of Things Analytics Market Size Forecast by Type
11.6.1 Unstructured Data
11.6.2 Semi-structured Data
11.6.3 Structured Data
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 Internet of Things Analytics Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Enterprise
11.10.3 Other
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 Internet of Things Analytics Analysis and Forecast
12.1 Introduction
12.2 Latin America Internet of Things Analytics 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 Internet of Things Analytics Market Size Forecast by Type
12.6.1 Unstructured Data
12.6.2 Semi-structured Data
12.6.3 Structured Data
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 Internet of Things Analytics Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Enterprise
12.10.3 Other
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) Internet of Things Analytics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Internet of Things Analytics 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) Internet of Things Analytics Market Size Forecast by Type
13.6.1 Unstructured Data
13.6.2 Semi-structured Data
13.6.3 Structured Data
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) Internet of Things Analytics Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Enterprise
13.10.3 Other
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 Internet of Things Analytics Market: Competitive Dashboard
14.2 Global Internet of Things Analytics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amazon
14.3.2 Cisco
14.3.3 Google
14.3.4 Greenwave
14.3.5 Hitachi
14.3.6 Hewlett Packard
14.3.7 IBM
