IoT Analytics Software Market Analysis & Forecast for Next 5 Years | Amazon Web Services, IBM, Microsoft
IoT Analytics Software Market Review: All Eyes on 2023 Outlook
PUNE, MAHARASHTRA, INDIA, March 13, 2023 /EINPresswire.com/ — According to HTF Market Intelligence, the Global IoT Analytics Software market to witness a CAGR of 27.8% during forecast period of 2023-2028. The market is segmented by Global IoT Analytics Software Market Breakdown by Application (Energy Management, Predictive and Asset Management, Inventory Management, Security and Emergency Management, Sales and Customer Management, Building Automation, Infrastructure Management, Remote Monitoring, Others) by Type (Sensor Data Analytics, IoT Gateway Analytics, Network Management) by Deployment (On-premise, Cloud-based) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The IoT Analytics Software market size is estimated to increase by USD 67.83 Billion at a CAGR of 27.8% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 24.63 Billion.
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The IoT Analytics Software market refers to the segment of the software industry that provides solutions for analyzing data generated by Internet of Things (IoT) devices. IoT devices are connected devices that are capable of collecting and transmitting data over the internet, and they generate vast amounts of data. IoT analytics software is designed to help businesses and organizations make sense of this data by providing tools for data aggregation, data visualization, predictive analytics, and other data analysis techniques. The IoT Analytics Software market includes various software solutions, such as data management, predictive analytics, machine learning, and other analytics tools that enable businesses to make data-driven decisions based on IoT-generated data.
IoT Analytics Software market – Key Segment Analysis
The market share growth by the Sensor Data Analytics segment will be significant during the forecast period. The segment is driven by the Increasing Deployment of Automation in Various Industry.
IoT Analytics Software market – Competition Analysis
The global IoT Analytics Software market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Amazon Web Services (United States), IBM Corporation (United States), Microsoft Corporation (United States), Google LLC (United States), AT&T (United States), HP (United States), Oracle Corporation (United States), SAP SE (Germany), Cisco Systems Inc. (United States), Dell Technologies Inc. (United States).
IoT Analytics Software market – Geographical Outlook
North America will provide maximum growth opportunities in IoT Analytics Software market. According to our research, the region will account for xx% of the global market growth during the forecast period. The market in North America is driven by The Increasing Need for Real-Time Data Across Various Verticals including Connected Logistics, Autonomous Vehicles, and Others.
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What key data is demonstrated in this IoT Analytics Software market report?
• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the IoT Analytics Software market between 2023 and 2028
• Precise estimation of the size of the IoT Analytics Software market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
• Thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of IoT Analytics Software market players
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Some Extracts from Table of Content
Some Extracts from Table of Content
– Overview of IoT Analytics Software Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– IoT Analytics Software Size (USD & Sales Volume) Comparison by Type (2017-2028)
– IoT Analytics Software Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
– IoT Analytics Software Size (Value & Volume) Comparison by Region (2017-2028)
– Market Capacity, Production, Export-Import by Region (2017-2022E)
– IoT Analytics Software Market Sales, Revenue and Growth Rate (2017-2028)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2022E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– IoT Analytics Software Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
Criag Francis
HTF Market Intelligence Consulting Pvt Ltd
+ 1 434-322-0091
craig.francis@htfmarketreport.com
