DUBLIN, Nov. 29, 2021 /PRNewswire/ -- The "Global Connected Devices Analytics Market (2021-2026) by Component, Device Connectivity, Application, Deployment, Organization Size, Industry Vertical, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Connected Device Analytics Market is estimated to be USD 14.9 Bn in 2021 and is expected to reach USD 40.7 Bn by 2026, growing at a CAGR of 22.3%.
Key factors such as a rapid rise in remote monitoring of employees working from home during the Covid-19 crisis have necessitated a need for connected devices in different industry verticals. This has been a prominent driver for the overall connected devices analytics market growth. Also, the increased penetration of the internet and IoT devices has led to a demand for these solutions. The growing adoption of smart payment methods is additionally supporting the growth of the market.
Conversely, the lack of skilled force required to handle the latest software systems based on IoT & AI, lack of security is likely to hinder the market growth. The growing need to generate real-time insights that can be acted upon in real-time through IoT sensors data will create a tremendous opportunity for the connected devices market players.
Increasing Focus on Remote Monitoring in Support of Work from Home Initiative
Growing Adoption of Smart Payment Technologies
Business Need to Build Digital Infrastructure for Large-Scale Deployments
Rising Adoption of Technologies like Smart Payment
The Increased Penetration of The Internet
The Adoption of IoT Devices
Legacy Database Technologies Limiting IoT Product Integration
Lack of Skilled Professional Workforce
Real-Time Analytics Emerging as a Key Vital IoT Initiative
Rising Internet Penetration and Adoption of IoT Devices
Increasing Need for Remote Patient Care and Tracking Infected People in COVID-19 Pandemic Scenario
The decline in Industrial Operation and Manufacturing Operations
The global connected devices analytics Market is segmented based on Component, Device Connectivity, Application, Deployment, Organization Size, Industry Vertical, and Geography.
Some of the companies covered in this report are IBM Corporation, SAS Institute Inc, Oracle Corporation, PTC, AWS, Hitachi, SAP SE, TIBCO Software, GE, Cloudera, Adobe, Google, Amazon.com, Software AG, etc.
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Connected Device Analyitcs Market.
The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using Competitive Quadrant, the analyst's proprietary competitive positioning tool.
A complete analysis of the market including parent industry
Important market dynamics and trends
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Overview
4.2 Market Dynamics
5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis
6 Global Connected Device Analytics Market, By Component
6.3.1 Managed services
6.3.2 Professional services
18.104.22.168 Consulting services
22.214.171.124 Support and maintenance services
126.96.36.199 Deployment and Integration Services
7 Global Connected Device Analytics Market, By Device Connectivity
7.2 Wireless Personal Area Networks
7.3 Wireless Local Area Networks
7.4 Low-Power Wide Area Networks
7.5 Cellular/Machine to Machine
8 Global Connected Device Analytics Market, By Application
8.2 Energy Management
8.3 Predictive Maintenance and Asset Management
8.4 Inventory Management
8.5 Security and Emergency Management
8.6 Sales and Customer Management
8.7 Building Automation
8.8 Remote Monitoring
9 Global Connected Device Analytics Market, By Deployment Mode
10 Global Connected Device Analytics Market, By Organization Size
10.2 Small and Medium-sized Enterprises
10.3 Large enterprises
11 Global Connected Device Analytics Market, By Industry vertical
11.3 Transportation and Logistics
11.4 Energy and utilities
11.5 Banking, Financial Services, and Insurance (BFSI)
11.6 Retail and Ecommerce
11.7 Government and defence
11.8 Healthcare and life sciences
12 Global Connected Device Analytics Market, By Geography
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Competitive Scenario
13.3.1 Mergers & Acquisitions
13.3.2 Agreements, Collaborations, & Partnerships
13.3.3 New Product Launches & Enhancements
13.3.4 Investments & funding
14 Company Profiles
14.1 Oracle Corporation
14.3 SAP SE
14.4 IBM Corporation
14.13 SAS Institute Inc.
14.14 Software AG
14.19 Tibco Software
For more information about this report visit https://www.researchandmarkets.com/r/rq90uz
Research and Markets
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