Analytics of Things (AoT) extracts meaning from huge amounts of data created by IoT devices, allowing businesses to make better decisions and enhance overall operations. Diagnostic, descriptive, predictive, prescriptive, and automated AoT are the different categories. It is a new frontier in analytics that faces numerous problems, such as data collecting during AoT adoption. Furthermore, limited data is extracted from vast databases and examined for decision-making.
MARKET DYNAMICS
For this market, the expanding number of linked devices represents a considerable potential opportunity. Advanced analytics will find it easier to acquire data as the number of connected devices expands. Finally, the market's diversity of Analytics of Things applications and types provides room for expansion.
MARKET SCOPE
The "Global Analytics of Things Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The analytics of things market report aims to provide an overview of the analytics of things market with detailed market segmentation by application, organization size, industry vertical, and geography. The global analytics of things market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading analytics of things market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global analytics of things market is segmented based on application, organization size, industry vertical. Based on the application, the analytics of things market is segmented into predictive maintenance and assets management, sales and customer management, security management, inventory management, others. Based on organization size, the analytics of things market is segmented into SMEs, large enterprises. Based on industry vertical, the analytics of things market is segmented into government and public sector, IT and telecom, transportation and logistics, retail, education, healthcare, manufacturing, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global analytics of things market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The analytics of things market by each region is later sub-segmented by respective countries and segments. The analytics of things market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the analytics of things market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the analytics of things market in these regions.
IMPACT OF COVID-19 ON ANALYTICS OF THINGS MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a positive impact on the analytics of things market. Many companies operating in the global market have now adopted online solutions due to the lockdown conditions; thereby influencing the adoption of analytical solutions. Therefore, the demand for analytics of things is increasing during COVID-19 and is also set to increase during the forecast period.
MARKET PLAYERS
The reports cover key developments in the analytics of things market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from analytics of things market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the analytics of things market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the analytics of things market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Microsoft Corporation
- Google LLC
- SAP SE
- Intel Corporation
- IBM Corporation
- Cisco Systems, Inc.
- TIBCO Software Inc.
- AGT International
- Capgemini S.A.
- Accenture