The Internet of Things is an intrinsic part of connecting electronic devices with each other and enabling seamless communication within smart homes, cities, transportation, and other products. IoT analytic inclusion allows the production of relevant information as and when required.
Albany, NY -- (SBWIRE) -- 08/15/2017 -- It is known that IoT connected devices collect large amounts of data and such devices are equal in value to the serious information that they gather. The count of such devices is aggravating on account of the steady demand for IoT services in various sectors for different applications. To learn about the market for Internet of Things analytics on the global scale a new report has been included in the vast database of Market Research Reports Search Engine (MRRSE). This research study is titled "Internet of Things (IoT) Analytics Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025", which presents a precise analysis of the concerned market on the basis of key metrics such as CAGR and Y-o-Y growth rate. A forecast analysis is also presented in the report in accordance with market size evaluation to update the readers about the prospects of the Internet of Things analytics market.
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In the current scenario, the IoT analytics market is enabling companies to develop services and platforms which allow them to efficiently analyze and manage real-time information streams from varied data sources. Hence, this permits companies to better manage, augment, and predict business operations and processes, neutralize threats and improve profitability and efficiency. In the initial section of the report, the readers can access data related to the market definition and taxonomy. Further, parent market overview and value chain analysis is also presented. Later, the market view point is offered which includes macro-economic factors along with opportunity analysis.
In the next section, the research study discusses the market segmentation based on geography. The prime market regions analyzed in the report include North America, Europe, Latin America, Asia Pacific and Middle East & Africa. These regions are studied on the basis of different factors such as key regulations, drivers, restraints, and trends. As per report findings, within North America, the U.S. is marked far larger than Canada and was valued at slightly above US$ 8.8 Bn in 2016. On the other hand, Canada is poised to record high Y-o-Y growth rates in combination with a substantial CAGR of 21.2% during the period 2017 –2025.
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The concluding section of the report deals with the competitive landscape. The readers can access information related to market structure, market share analysis, competition dashboard, and company profiles. The prominent players in the Internet of Things analytics market are IBM Corporation, Microsoft Corporation, Intel Corporation, Cumulocity GmbH, Tableau Software, Cisco System Inc., Oracle Corporation, Accenture PLC and Aeris Communication.
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