Connected Device Analytics Market Latest Trends, Growth, Size, Application and Forecast 2030
Data Bridge Market Research analyzes that the Connected Device Analytics Market is expected to reach USD 110,250.18 million by 2030, from USD 22,027.62 million in 2022 and is expected to undergo a CAGR of 22.3% during the forecast period of 2023 to 2030. “Solution” dominates the components segment of the connected device analytics market due to demand from growing markets. Rise in the focus on remote monitoring in support of work from home (WFM) initiativeis expected to influence the growth of Sensor Hub market over the forecast period of 2023 to 2030. The rise in the data volumes across the globe is one of the major factors driving the growth of the Sensor Hub market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
A group of energetic, dynamic and talented specialists, and researchers take endeavours with full responsibility to give an outright Connected Device Analytics Market research report. This market report is assessed utilizing accurate and intelligent models. Every possible effort has been considered while investigating and scrutinizing data to set up this market research report. This industry analysis report is a detailed portrayal of the market scenarios which introduces a mix of research mastery and business methodologies. The world class Connected Device Analytics Market report is generated with a nice combination of advanced industry insights, practical solutions, talent solutions and the use of latest technology which gives an excellent user experience.
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Leading Key Players Operating in the Connected Device Analytics Market Includes:
The major players covered in the connected device analytics market report are Microsoft, Oracle, SAP SE, IBM, Amazon Web Services, Inc., Cisco Systems, Inc., Google, Adobe, Teradata, Hitachi, Ltd., Hewlett Packard Enterprise Development LP, SAS Institute Inc., Software AG, GE DIGITAL, TIBCO Software Inc., Cloudera, Inc., QlikTech International AB, Splunk Inc., Infor and ARUNDO among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Market Segments:
- Connected device analytics market is segmented on the basis of component into solution and services. Services have further been segmented into professional services and managed services. Professional services have further been sub-segmented into consulting, integration and deployment and support and maintenance.
- Based on device connectivity, the connected device analytics market is segmented into wireless personal area networks, wireless local area networks, low-power wide area networks, cellular/machine to machine and wired.
- On the basis of deployment mode, the connected device analytics market is segmented into on-premises and cloud. Cloud has further been segmented into public cloud, private cloud and hybrid cloud.
- Based on organization size, the connected device analytics market is segmented into large enterprises and small and medium-sized enterprises.
- On the basis of application, the connected device analytics market is segmented into security and emergency management, sales and customer management, remote monitoring, predictive maintenance and asset management, inventory management, energy management, building automation and others. Others have further been segmented into IT infrastructure management, product and process management and cost optimization.
- The end user segment of the connected device analytics market is segmented into manufacturing, transportation and logistics, energy and utilities, retail and e-commerce, BFSI, healthcare and life sciences, government and defense and others. Others have further been segmented into education, media and entertainment and travel and hospitality.
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Connected Device Analytics Market, By Region:
The countries covered in the Connected Device Analytics market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The country section of the Connected Device Analytics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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