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Report Title

Analytics of Things Market to grow at a CAGR of 28.2% during the forecast period 2017-2023 to reach an aggregrate of USD 23.99 billion by 2023

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Analytics of Things Market to grow at a CAGR of 28.2% during the forecast period 2017-2023 to reach an aggregrate of USD 23.99 billion by 2023


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Analytics of Things Market to grow at a CAGR of 28.2% during the forecast period 2017-2023 to reach an aggregrate of USD 23.99 billion by 2023

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Analytics of Things Market to grow at a CAGR of 28.2% during the forecast period 2017-2023 to reach an aggregrate of USD 23.99 billion by 2023



Executive Summary

Overview

New wireless technologies, sensors, and mobile devices are driving the IoT evolution. However, the real business value of the technology lies in analytics. Advanced analytics can provide meaningful insights that could help in transforming consumer experiences, development of products and services, optimization of operations, and cost savings on assets. The datasets extracted from sensors can be correlated with data, such as social data, to yield a strong understanding of the operations or a person or a group of individuals.

Product analysis

IoT analytics platform could enable a wide range of analytics, from real-time to machine learning and cognitive to edge. Automated machine learning can be added to quick and simple real-time monitoring for identification of anomalous behavior. Predictive analytics uses advanced statistical modeling and historic data. For contextual insights, cognitive analytics can be applied to the unstructured data sources. These insights would consist of detailed graphs and visualization dashboards. The platform is purposely built to scale the high velocity and large volumes of data. With the advancements in processing and analytics, analytics can be performed at the edge of the network to overcome the challenges of connectivity, security, bandwidth, and latency.

Market analysis

Analytic of Things (AoT) has become highly relevant to few industries such as manufacturing, logistics, and utilities. Analytics is being applied to power grid systems for continuous monitoring, proactive management of power supply, and preventive maintenance. Most of the manufacturing plants and fleets in logistics already have Internet-enabled sensors, and thus these businesses utilize analytics. Most of the new business processes and systems are likely to incorporate at least some elements of IoT analytics. Large enterprises who have prioritized low cost solutions are likely to deploy AoT solutions on cloud.

Technology analysis

The value of IoT Analytics lies in real-time business analytics. In IoT, real-time analysis is difficult with several million events often streaming into the system. Lack of real-time advanced algorithms poses a challenge in real-time analytics. However, the challenges are being addressed as several IoT vendors are investing in improving the efficiency of the IoT systems. Descriptive analytics has already become mature, and the vendors are now focusing on predictive and prescriptive analytics. Both the types are likely to attract consumers' attention due to high operational efficiencies and cost reductions that they yield.

Key players

Most of the IoT vendors in the market have offerings for IoT analytics as well. The major vendors in the IoT market are Microsoft, Cisco, SAP, Intel, IBM, Google, AGT International, Accenture, Capgemini, and TIBCO Software.

Competitive analysis

Almost the entire AoT market is ruled by the IT conglomerates. Intel, Cisco, IBM, Microsoft, Google, and HP are few of the major players in the AoT market. The vendors are proactively investing in the development of IoT technologies. For instance, Microsoft has invested on processing features of Microsoft Streaming Analytics to enable better extraction of information from sensors in real-time. IBM has invested in enterprise application infrastructure and databases for connected devices. With respect to such investments, there has been a rise in the demand for data scientists and courses for the same. The Federal and Central governments of several countries are incentivizing development of the AoT ecosystem and are promoting the use of IoT and related technologies.

Regional analysis

With its assurance of cost reduction and operational efficiencies, IoT and analytics is gaining popularity across all the regions. North America leads the AoT market in terms of market share due to the rising adoption of IoT solutions, a well-developed ecosystem, and the presence of major IoT players in the market. The market is yet to tap the entire potential as few organizations are still unsure about the technology. European organizations and governments are investing on innovations and ecosystem development. Asia Pacific is a rapidly developing region, and the economies are likely to invest in AoT as a move towards digitization. Heavy and sustained investments in IoT from countries, such as India, China, South Korea, Singapore, and several Western European countries, have positioned them fit to guide the next digital wave of computing and industrialization. While the Middle East and Africa are investing in AoT in line with their growing economy and the prominent oil and gas industry in MEA region, Latin America will experience increased investment by IoT vendors in the next 5 years.

Benefits

IoT analytics platform enables an organization to transform its business operations and boost its revenues. AoT warns organizations of any potential problems associated with an equipment. Strengths and weaknesses of various processes can be analyzed by turning tools and systems into smart devices. Fuel and energy consumption in the processes can be tracked and the expenses can be minimized. Data gathered with respect to preferences and purchasing habits of customers can be used in developing personalized shopping experience. The product quality can be assessed with the help of IoT Analytics.

Table of Contents

1 Industry Outlook

1.1 Industry Overview

1.2 Industry Trends

1.3 PEST Analysis

2 Report Outline

2.1 Report Scope

2.2 Report Summary

2.3 Research Methodology

2.4 Report Assumptions

3 Market Snapshot

3.1 Total Addressable Market

3.2 Segmented Addressable Market

3.3 Related Markets

3.3.1 Big Data Analytics Market

3.3.2 IoT in Manufacturing

4 Market Outlook

4.1 Overview

4.2 Market Definition

4.3 Market Trends

4.4 Ecosystem of Analytics of Things

4.5 Architecture

4.6 Market Segmentation

4.7 Porter 5 (Five) Forces

5 Market Characteristics

5.1 Benefits of AoT

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Rise in demand for predictive analytics

5.2.1.2 Increased efficiency of IoT devices and the collected data

5.2.1.3 End-to-end process automation

5.2.1.4 Rise in use of wireless solutions

5.2.2 Restraints

5.2.2.1 Lack of real-time algorithms

5.2.2.2 Lack of skilled workforce

5.2.3 Opportunities

5.2.3.1 Emergence of edge analytics

5.2.3.2 Development of platform as a service

5.3 DRO-Impact Analysis

6 Verticals: Market Size and Analysis

6.1 Overview

6.2 Healthcare

6.3 Government & Defense

6.4 Manufacturing

6.5 IT & Telecom

6.6 Logistics & Transportation

6.7 Energy & Utilities

6.8 Retail

6.9 Others

7 Applications: Market Size and Analysis

7.1 Overview

7.2 Energy Management

7.3 Predictive Maintenance & Asset Management

7.4 Infrastructure Management

7.5 Remote Monitoring

7.6 Inventory Management

7.7 Sales & Customer Management

7.8 Security & Emergency Management

7.9 Building Automation

8 Software: Market Size and Analysis

8.1 Overview

8.2 Sensor Data Analytics

8.3 IoT Gateway Analytics

8.4 Network Management

9 Services: Market Size and Analysis

9.1 Overview

9.2 Deployment & Integration

9.3 Support & Maintenance

9.4 Consulting Services

9.5 Managed Services

10 Deployment Type: Market Size and Analysis

10.1 Overview

10.2 On-premise

10.3 Hosted

11 Regions: Market Size and Analysis

11.1 Overview

11.2 North America

11.2.1 Overview

11.2.2 US

11.2.3 Canada

11.3 Europe

11.3.1 Overview

11.3.2 Germany

11.3.3 France

11.3.4 Netherlands

11.3.5 Sweden

11.3.6 UK 66

11.4 Asia Pacific

11.4.1 Overview

11.4.2 China

11.4.3 Japan

11.4.4 India

11.4.5 South Korea

11.4.6 Australia

11.5 Middle East & Africa

11.5.1 Overview

11.6 Latin America

11.6.1 Overview

11.6.2 Brazil

11.6.3 Mexico

12 Vendors Profile

12.1 Microsoft Corp.

12.1.1 Overview

12.1.2 Business Units

12.1.3 Geographic Revenue

12.1.4 Business Focus

12.1.5 SWOT Analysis

12.1.6 Business Strategies

12.2 Google Inc.

12.2.1 Overview

12.2.2 Business Units

12.2.3 Geographic Revenue

12.2.4 Business Focus

12.2.5 SWOT Analysis

12.2.6 Business Strategies

12.3 IBM Corp.

12.3.1 Overview

12.3.2 Business Units

12.3.3 Geographic Revenue

12.3.4 Business Focus

12.3.5 SWOT Analysis

12.3.6 Business Strategies

12.4 Cisco Systems, Inc.

12.4.1 Overview

12.4.2 Business Units

12.4.3 Geographic Revenue

12.4.4 Business Focus

12.4.5 SWOT Analysis

12.4.6 Business Strategies

12.5 SAP AG

12.5.1 Overview

12.5.2 Business Units

12.5.3 Geographic Presence

12.5.4 SWOT Analysis

12.5.5 Business Focus

12.5.6 Business Strategies

12.6 Amazon.com, Inc.

12.6.1 Overview

12.6.2 Business Units

12.6.3 Geographic Revenue

12.6.4 Business Focus

12.6.5 SWOT Analysis

12.6.6 Business Strategies

13 Companies to Watch for

13.1 Maana

13.1.1 Overview

13.1.2 Maana in AoT Market

13.2 Flutura

13.2.1 Overview

13.2.2 Flutura in AoT Market

13.3 Joojip

13.3.1 Overview

13.3.2 Joojip in AoT Market

Annexure

Abbreviations

To know more information on Purchase by Section, please send a mail to sales@kenresearch.com

Charts

CHART 1 PEST ANALYSIS OF ANALYTICS OF THINGS

CHART 2 RESEARCH METHODOLOGY OF ANALYTICS OF THINGS MARKET

CHART 3 IOT MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 4 ANALYTICS OF THINGS MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 5 ECOSYSTEM OF ANALYTICS OF THINGS

CHART 6 ARCHITECTURE OF ANALYTICS OF THINGS

CHART 7 ANALYTICS OF THINGS SEGMENTATION

CHART 8 PORTER 5 FORCES IN ANALYTICS OF THINGS MARKET

CHART 9 MARKET DYNAMICS-DRIVERS, RESTRAINTS & OPPORTUNITIES

CHART 10 DRO-IMPACT ANALYSIS OF ANALYTICS OF THINGS

CHART 11 ANALYTICS OF THINGS MARKET SHARE BY VERTICALS, 2017 AND 2023

CHART 12 HEALTHCARE MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 13 GOVERNMENT & DEFENSE MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 14 MANUFACTURING MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 15 IT & TELECOM MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 16 LOGISTICS & TRANSPORTATION MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 17 ENERGY & UTILITIES MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 18 RETAIL MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 19 OTHERS MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 20 ANALYTICS OF THINGS MARKET SHARE BY APPLICATIONS, 2017 AND 2023

CHART 21 ENERGY MANAGEMENT MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 22 PREDICTIVE MAINTENANCE & ASSET MANAGEMENT MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 23 INFRASTRUCTURE MANAGEMENT MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 24 REMOTE MONITORING MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 25 INVENTORY MANAGEMENT MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 26 SALES & CUSTOMER MANAGEMENT MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 27 SECURITY & EMERGENCY MANAGEMENT MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 28 BUILDING AUTOMATION MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 29 ANALYTICS OF THINGS MARKET SHARE BY SOFTWARE, 2017 AND 2023

CHART 30 SENSOR DATA ANALYTICS MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 31 IOT GATEWAY ANALYTICS MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 32 NETWORK MANAGEMENT MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 33 ANALYTICS OF THINGS MARKET SHARE BY SERVICES, 2017 AND 2023

CHART 34 DEPLOYMENT & INTEGRATION MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 35 SUPPORT & MAINTENANCE MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 36 CONSULTING SERVICES MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 37 MANAGED SERVICES MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 38 ANALYTICS OF THINGS MARKET SHARE BY DEPLOYMENT TYPE, 2017 AND 2023

CHART 39 ON-PREMISE MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 40 HOSTED MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 41 ANALYTICS OF THINGS MARKET SHARE BY REGIONS, 2017 AND 2023

CHART 42 NORTH AMERICA MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 43 EUROPE MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 44 ASIA PACIFIC MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 45 MEA MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 46 LATIN AMERICA MARKET REVENUE, 2017-2023 (USD BILLION)

CHART 47 MICROSOFT: OVERVIEW SNAPSHOT

CHART 48 MICROSOFT: BUSINESS UNITS

CHART 49 MICROSOFT: GEOGRAPHIC REVENUE

CHART 50 MICROSOFT: SWOT ANALYSIS

CHART 51 GOOGLE: OVERVIEW SNAPSHOT

CHART 52 GOOGLE: BUSINESS UNITS

CHART 53 GOOGLE: GEOGRAPHIC REVENUE

CHART 54 GOOGLE: SWOT ANALYSIS

CHART 55 IBM: OVERVIEW SNAPSHOT

CHART 56 IBM: BUSINESS UNITS

CHART 57 IBM: GEOGRAPHIC REVENUE

CHART 58 IBM: SWOT ANALYSIS

CHART 59 CISCO: OVERVIEW SNAPSHOT

CHART 60 CISCO: BUSINESS UNITS

CHART 61 CISCO: GEOGRAPHIC REVENUE

CHART 62 CISCO: SWOT ANALYSIS

CHART 63 SAP: OVERVIEW SNAPSHOT

CHART 64 SAP: BUSINESS UNITS

CHART 65 SAP: GEOGRAPHIC PRESENCE

CHART 66 SAP: SWOT ANALYSIS

CHART 67 AMAZON: OVERVIEW SNAPSHOT

CHART 68 AMAZON: BUSINESS UNITS

CHART 69 AMAZON: GEOGRAPHIC REVENUE

CHART 70 AMAZON: SWOT ANALYSIS

Tables

TABLE 1 ANALYTICS OF THINGS MARKET REVENUE BY VERTICALS, 2017-2023 (USD BILLION)

TABLE 2 ANALYTICS OF THINGS MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD BILLION)

TABLE 3 ANALYTICS OF THINGS MARKET REVENUE BY SOFTWARE, 2017-2023 (USD BILLION)

TABLE 4 ANALYTICS OF THINGS MARKET REVENUE BY SERVICES, 2017-2023 (USD BILLION)

TABLE 5 ANALYTICS OF THINGS MARKET REVENUE BY DEPLOYMENT TYPE, 2017-2023 (USD BILLION)

TABLE 6 ANALYTICS OF THINGS MARKET REVENUE BY REGIONS, 2017-2023 (USD BILLION)

TABLE 7 NORTH AMERICA ANALYTICS OF THINGS MARKET REVENUE BY TYPE, 2017-2023 (USD BILLION)

TABLE 8 NORTH AMERICA ANALYTICS OF THINGS MARKET REVENUE BY SOFTWARE, 2017-2023 (USD BILLION)

TABLE 9 NORTH AMERICA ANALYTICS OF THINGS MARKET REVENUE BY SERVICES, 2017-2023 (USD BILLION)

TABLE 10 NORTH AMERICA ANALYTICS OF THINGS MARKET REVENUE BY DEPLOYMENT MODEL, 2017-2023 (USD BILLION)

TABLE 11 NORTH AMERICA ANALYTICS OF THINGS MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD BILLION)

TABLE 12 NORTH AMERICA ANALYTICS OF THINGS MARKET REVENUE BY VERTICALS, 2017-2023 (USD BILLION)

TABLE 13 EUROPE ANALYTICS OF THINGS MARKET REVENUE BY TYPE, 2017-2023 (USD BILLION)

TABLE 14 EUROPE ANALYTICS OF THINGS MARKET REVENUE BY SOFTWARE, 2017-2023 (USD BILLION)

TABLE 15 EUROPE ANALYTICS OF THINGS MARKET REVENUE BY SERVICES, 2017-2023 (USD BILLION)

TABLE 16 EUROPE ANALYTICS OF THINGS MARKET REVENUE BY DEPLOYMENT MODEL, 2017-2023 (USD BILLION)

TABLE 17 EUROPE ANALYTICS OF THINGS MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD BILLION)

TABLE 18 EUROPE ANALYTICS OF THINGS MARKET REVENUE BY VERTICALS, 2017-2023 (USD BILLION)

TABLE 19 ASIA PACIFIC ANALYTICS OF THINGS MARKET REVENUE BY TYPE, 2017-2023 (USD BILLION)

TABLE 20 ASIA PACIFIC ANALYTICS OF THINGS MARKET REVENUE BY SOFTWARE, 2017-2023 (USD BILLION)

TABLE 21 ASIA PACIFIC ANALYTICS OF THINGS MARKET REVENUE BY SERVICES, 2017-2023 (USD BILLION)

TABLE 22 ASIA PACIFIC ANALYTICS OF THINGS MARKET REVENUE BY DEPLOYMENT MODEL, 2017-2023 (USD BILLION)

TABLE 23 ASIA PACIFIC ANALYTICS OF THINGS MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD BILLION)

TABLE 24 ASIA PACIFIC ANALYTICS OF THINGS MARKET REVENUE BY CORPORATE VERTICALS, 2017-2023 (USD BILLION)

TABLE 25 MEA ANALYTICS OF THINGS MARKET REVENUE BY TYPE, 2017-2023 (USD BILLION)

TABLE 26 MEA ANALYTICS OF THINGS MARKET REVENUE BY SOFTWARE, 2017-2023 (USD BILLION)

TABLE 27 MEA ANALYTICS OF THINGS MARKET REVENUE BY SERVICES, 2017-2023 (USD MILLION)

TABLE 28 MEA ANALYTICS OF THINGS MARKET REVENUE BY DEPLOYMENT MODEL, 2017-2023 (USD BILLION)

TABLE 29 MEA ANALYTICS OF THINGS MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD MILLION)

TABLE 30 MEA ANALYTICS OF THINGS MARKET REVENUE BY VERTICALS, 2017-2023 (USD MILLION)

TABLE 31 LATIN AMERICA ANALYTICS OF THINGS MARKET REVENUE BY TYPE, 2017-2023 (USD BILLION)

TABLE 32 LATIN AMERICA ANALYTICS OF THINGS REVENUE BY SOFTWARE, 2017-2023 (USD BILLION)

TABLE 33 LATIN AMERICA ANALYTICS OF THINGS MARKET REVENUE BY SERVICES, 2017-2023 (USD MILLION)

TABLE 34 LATIN AMERICA ANALYTICS OF THINGS MARKET REVENUE BY DEPLOYMENT MODEL, 2017-2023 (USD BILLION)

TABLE 35 LATIN AMERICA ANALYTICS OF THINGS MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD MILLION)

TABLE 36 LATIN AMERICA ANALYTICS OF THINGS MARKET REVENUE BY VERTICALS, 2017-2023 (USD MILLION)

Microsoft, Cisco, SAP, Intel, IBM, Google, AGT International, Accenture, Capgemini, and TIBCO Software.


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