The global market for Internet of Things (IoT) Analytics is estimated at US$35.2 Billion in 2023 and is projected to reach US$187.0 Billion by 2030, growing at a CAGR of 26.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the IoT analytics market is driven by several factors including advancements in technology, increased adoption of connected devices, growing consumer expectations for tailored services, and the necessity for compliance and security in data handling. As IoT devices proliferate, generating massive volumes of data, the demand for robust analytics tools that can process and analyze this data efficiently is also rising. Enterprises are increasingly aware of the benefits of IoT analytics in gaining a competitive edge by enhancing customer experiences and improving operational efficiency. Additionally, the push towards digital transformation in various sectors motivates businesses to invest in IoT technologies. Regulatory pressures also play a crucial role, as companies need to ensure they manage the vast data they collect in compliance with global data protection regulations, further propelling the demand for sophisticated IoT analytics solutions.
The growth in the IoT analytics market is driven by several factors including advancements in technology, increased adoption of connected devices, growing consumer expectations for tailored services, and the necessity for compliance and security in data handling. As IoT devices proliferate, generating massive volumes of data, the demand for robust analytics tools that can process and analyze this data efficiently is also rising. Enterprises are increasingly aware of the benefits of IoT analytics in gaining a competitive edge by enhancing customer experiences and improving operational efficiency. Additionally, the push towards digital transformation in various sectors motivates businesses to invest in IoT technologies. Regulatory pressures also play a crucial role, as companies need to ensure they manage the vast data they collect in compliance with global data protection regulations, further propelling the demand for sophisticated IoT analytics solutions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Manufacturing End-Use segment, which is expected to reach US$61.8 Billion by 2030 with a CAGR of a 30.1%. The Energy & Utilities End-Use segment is also set to grow at 25.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $10.7 Billion in 2023, and China, forecasted to grow at an impressive 30.9% CAGR to reach $13.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Internet of Things (IoT) Analytics Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Internet of Things (IoT) Analytics Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Internet of Things (IoT) Analytics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cisco Systems, Inc., AT&T, Inc., Accenture PLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 65 Featured):
- Cisco Systems, Inc.
- AT&T, Inc.
- Accenture PLC
- Amazon Web Services, Inc.
- Capgemini SE
- Bosch Group
- Aeris Communications, Inc.
- Cloudera, Inc.
- Avanade, Inc.
- Bosch Software Innovations GmbH
- Agt International GmbH
- Ayla Networks, Inc.
- Altizon Systems Pvt., Ltd.
- Arbela Technologies Corporation
- Adapsense Technologies Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cisco Systems, Inc.
- AT&T, Inc.
- Accenture PLC
- Amazon Web Services, Inc.
- Capgemini SE
- Bosch Group
- Aeris Communications, Inc.
- Cloudera, Inc.
- Avanade, Inc.
- Bosch Software Innovations GmbH
- Agt International GmbH
- Ayla Networks, Inc.
- Altizon Systems Pvt., Ltd.
- Arbela Technologies Corporation
- Adapsense Technologies Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 484 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 35.2 Billion |
| Forecasted Market Value ( USD | $ 187 Billion |
| Compound Annual Growth Rate | 26.9% |
| Regions Covered | Global |
