Market Overview:
The global IoT analytics software market is expected to grow at a CAGR of 16.5% 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 adoption of IoT analytics software by small and medium businesses, and growing need for security and privacy in data management. The global IoT analytics software market is segmented on the basis of type into private cloud, public cloud, and hybrid cloud. The private cloud segment is expected to hold the largest share of the global IoT analytics software market in 2018 owing to its advantages such as improved security and control over data compared to public clouds. However, the public cloud segment is projected to grow at a higher CAGR during the forecast period due its low cost and easy accessibility. On the basis of application, commercial use accounted for majority share of revenue generated by global IoT analytics software market in 2017; however, industrial use is projected grow at highest CAGR during forecast period owing increased adoption by manufacturing sector across globe . Agricultural use held second largest share revenue generated from application segments followed government use which are anticipated witness highest growth rate over next few years . Regionally North America commanded largest revenue generating region followed Asia Pacific & MEA while Europe close behind with significant regional presence throughout forecast years .
Product Definition:
IoT analytics software is a type of software that helps businesses collect and analyze data from devices connected to the internet of things. This data can be used to improve efficiency, make better decisions, and understand customer behavior.
Private Cloud:
Private cloud is a type of cloud computing that offers more control and ownership to the enterprise. It allows an organization's data to be stored, managed, and run by a third-party provider (also known as a private server) rather than providing it directly to other providers such as Amazon Web Services or Microsoft Azure.
Public Cloud:
Public cloud is a type of cloud computing that offers shared resources, software, and hardware between numerous users over the internet. Public clouds are also known as third-party or external clouds. They can be used by any individual or company to store data on their servers and offer it to other companies for their use.
Application Insights:
The commercial use segment dominated the global IoT analytics software market in 2017. The growth can be attributed to the increasing adoption of these solutions by companies for gaining insights into their data and operations. For instance, Amazon has implemented an IoT analytics platform that helps enterprises monitor and analyze connected devices, cloud applications, and other entities for gaining visibility across different layers of the IT stack.
The industrial use segment is expected to witness significant growth over the forecast period owing to rising demand from manufacturing verticals such as oil & gas, automotive & transportation electronics assembly lines, pharmaceutical plants among others.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing adoption of cloud computing, high level of digitalization, and rapid technological advancements. Moreover, presence of major players such as Cisco Systems, Inc., Google LLC; and Qualcomm Technologies Inc. in this region has led to increased deployment of IoT analytics solutions across various industries including manufacturing, oil & gas exploration & production (E&P), electricity distribution/transmission among others.
Growth Factors:
- Increasing demand for data-driven decision making across industries
- Growing number of connected devices and sensors
- Proliferation of big data and advanced analytics technologies
- Emergence of cloud-based platforms and services
- Rising need for real-time insights into business operations
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Analytics Software Market Research Report
By Type
Private Cloud, Public Cloud, Hybrid Cloud
By Application
Commercial Use, Industrial Use, Agricultural Use, Government Use, Other
By Companies
Google, AT&T, Amazon, SAS, SQLstream, ThingSpeak, Software AG, Axonize, Ubidots, EVRYTHNG, Daliworks.Inc, GE Digital, VMWare
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global IoT Analytics Software Market Report Segments:
The global IoT Analytics Software market is segmented on the basis of:
Types
Private Cloud, Public Cloud, Hybrid Cloud
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
Commercial Use, Industrial Use, Agricultural Use, Government Use, 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:
- Google
- AT&T
- Amazon
- SAS
- SQLstream
- ThingSpeak
- Software AG
- Axonize
- Ubidots
- EVRYTHNG
- Daliworks.Inc
- GE Digital
- VMWare
Highlights of The IoT Analytics Software 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:
- Private Cloud
- Public Cloud
- Hybrid Cloud
- By Application:
- Commercial Use
- Industrial Use
- Agricultural Use
- Government Use
- 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 IoT Analytics Software 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
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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?
IoT Analytics Software is a software that helps businesses to understand and analyze the data collected from IoT devices. This software can help businesses to identify problems, optimize operations, and make better decisions.
Some of the major companies in the iot analytics software market are Google, AT&T, Amazon, SAS, SQLstream, ThingSpeak, Software AG, Axonize, Ubidots, EVRYTHNG, Daliworks.Inc, GE Digital, VMWare.
The iot analytics software market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IoT Analytics Software 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 IoT Analytics Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IoT Analytics Software 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 IoT Analytics Software 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 IoT Analytics Software Market Size & Forecast, 2018-2028
4.5.1 IoT Analytics Software Market Size and Y-o-Y Growth
4.5.2 IoT Analytics Software Market Absolute $ Opportunity
Chapter 5 Global IoT Analytics Software 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 IoT Analytics Software Market Size Forecast by Type
5.2.1 Private Cloud
5.2.2 Public Cloud
5.2.3 Hybrid Cloud
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IoT Analytics Software 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 IoT Analytics Software Market Size Forecast by Applications
6.2.1 Commercial Use
6.2.2 Industrial Use
6.2.3 Agricultural Use
6.2.4 Government Use
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IoT Analytics Software 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 IoT Analytics Software 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 IoT Analytics Software Analysis and Forecast
9.1 Introduction
9.2 North America IoT Analytics Software 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 IoT Analytics Software Market Size Forecast by Type
9.6.1 Private Cloud
9.6.2 Public Cloud
9.6.3 Hybrid Cloud
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 IoT Analytics Software Market Size Forecast by Applications
9.10.1 Commercial Use
9.10.2 Industrial Use
9.10.3 Agricultural Use
9.10.4 Government Use
9.10.5 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 IoT Analytics Software Analysis and Forecast
10.1 Introduction
10.2 Europe IoT Analytics Software 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 IoT Analytics Software Market Size Forecast by Type
10.6.1 Private Cloud
10.6.2 Public Cloud
10.6.3 Hybrid Cloud
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 IoT Analytics Software Market Size Forecast by Applications
10.10.1 Commercial Use
10.10.2 Industrial Use
10.10.3 Agricultural Use
10.10.4 Government Use
10.10.5 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 IoT Analytics Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IoT Analytics Software 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 IoT Analytics Software Market Size Forecast by Type
11.6.1 Private Cloud
11.6.2 Public Cloud
11.6.3 Hybrid Cloud
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 IoT Analytics Software Market Size Forecast by Applications
11.10.1 Commercial Use
11.10.2 Industrial Use
11.10.3 Agricultural Use
11.10.4 Government Use
11.10.5 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 IoT Analytics Software Analysis and Forecast
12.1 Introduction
12.2 Latin America IoT Analytics Software 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 IoT Analytics Software Market Size Forecast by Type
12.6.1 Private Cloud
12.6.2 Public Cloud
12.6.3 Hybrid Cloud
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 IoT Analytics Software Market Size Forecast by Applications
12.10.1 Commercial Use
12.10.2 Industrial Use
12.10.3 Agricultural Use
12.10.4 Government Use
12.10.5 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) IoT Analytics Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IoT Analytics Software 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) IoT Analytics Software Market Size Forecast by Type
13.6.1 Private Cloud
13.6.2 Public Cloud
13.6.3 Hybrid Cloud
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) IoT Analytics Software Market Size Forecast by Applications
13.10.1 Commercial Use
13.10.2 Industrial Use
13.10.3 Agricultural Use
13.10.4 Government Use
13.10.5 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 IoT Analytics Software Market: Competitive Dashboard
14.2 Global IoT Analytics Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Google
14.3.2 AT&T
14.3.3 Amazon
14.3.4 SAS
14.3.5 SQLstream
14.3.6 ThingSpeak
14.3.7 Software AG
14.3.8 Axonize
14.3.9 Ubidots
14.3.10 EVRYTHNG
14.3.11 Daliworks.Inc
14.3.12 GE Digital
14.3.13 VMWare
