Connected Device Analytics Market to Cross USD 378.2 Billion By Value at Exponential CAGR of 23.1% Through 2031
Connected device analytics is a cloud-based platform is used to enhance the customer communications platform by delivering connectivity between applications
PORTLAND, PORTLAND, OR, UNITED STATE, October 10, 2023 /EINPresswire.com/ — According to the report published by Allied Market Research, the global connected device analytics market generated $48.2 billion in 2021, and is estimated to reach $378.2 billion by 2031, witnessing a CAGR of 23.1% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
Request Sample Report (Get Full Insights in PDF – 264 Pages) at: https://www.alliedmarketresearch.com/request-sample/108091
COVID-19 scenario:
➢ The connected device analytics market experienced a surge in growth due to the COVID-19 pandemic.
➢ The pandemic prompted the widespread adoption of new practices such as remote working and social distancing, leading to a growing need for technologies that enable remote monitoring, smart payment systems, and the creation of digital infrastructure for widespread implementation.
The report offers a detailed segmentation of the global connected device analytics market based on the component, enterprise size, deployment model, application, industry vertical, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/13366
By component, the solution segment contributed to nearly fourth-fifths of the global connected device analytics market revenue and is projected to rule the roost by 2031. The service segment, however, would display the fastest CAGR of 26.8% throughout the forecast period.
By enterprise size, the large enterprise segment contributed to more than two-thirds of the global connected device analytics market revenue and is projected to retain its dominance by 2031. However, the SMEs segment would showcase the fastest CAGR of 25.6% throughout the forecast period.
By deployment model, the on-premise segment garnered around three-fifths of the global connected device analytics market revenue and is anticipated to dominate by 2031. However, the cloud segment would cite the fastest CAGR of 24.9% throughout the forecast period.
By application, the sales and customer management segment held the largest share in 2021, garnering nearly one-fifth of the global connected device analytics market revenue and is projected to maintain its dominance by 2031. On the other hand, the building automation segment would portray the fastest CAGR of 27.0% throughout the forecast period. Also, the security and emergency management, remote monitoring, predictive Maintenace and asset management, inventory management, energy management, and others segments are discussed in the report.
Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/connected-device-analytics-market/purchase-options
By industry vertical, the manufacturing segment contributed to more than one-fifth of the global connected device analytics market revenue and is projected to rule the roost by 2031. However, the government and defense segment would showcase the fastest CAGR of 26.6% throughout the forecast period. The other segments assessed through the report take in transport & logistics, energy & utilities, retail & e-commerce, BFSI, health & life science, and others.
By region, North America held the major share in 2021, garnering more than one-third of the global connected device analytics market revenue and is projected to rule the roost by 2031. However, the LAMEA region would display the fastest CAGR of 25.1% throughout the forecast period. The other provinces studied through the report include Asia-Pacific, and Europe.
The key market players analyzed in the global connected device analytics market report include Amazon Web Services Inc., Google LLC, Teradata Corporation, SAP SE, Hitachi Ltd., Cisco Systems Inc., Adobe, IBM Corporation, Oracle Corporation, Microsoft Corporation. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.
Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/13366
Similar Reports:
2. Connected Device Management Platform Market
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Wi
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300n Sivers Drive
#205, Portland, OR 97220
United States
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter
Allied Market Research
Allied Market Research
+ +1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
