Analytics of Things Market to Reach $27.7 Billion by 2022 - Driven by Tremendous Growth of IoT Data & Need for Advanced Analytics

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Jul 24, 2017, 07:15 ET

DUBLIN, July 24, 2017 /PRNewswire/ --

The "Analytics of Things Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

The Analytics of Things (AoT) market is expected to grow from USD 7.19 Billion in 2017 to USD 27.78 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 31.0%. Factors such as the tremendous growth of IoT data and the need for advanced analytics and automation of businesses are driving the global AoT market.

The report provides detailed insights into the global Analytics of Things market, which is segmented by application, component, analytics type, deployment model, organization size, industry vertical, and region. In the component segment, the AoT software segment is expected to have the larger market share during the forecast period. The demand for AoT software is rising as organizations are looking for solutions to generate business-related insights and plan the next steps accordingly based on the insights gathered. AoT vendors provide software and solutions that assist companies with data collection and data analysis for generating meaningful insights. AoT software filters the aggregated and enriched data so that it can be analyzed to provide a high throughput from multiple live input data sources.

Among applications, the predictive maintenance and asset management application is expected to continue its dominance during the forecast period. Asset management integrated platforms assist users in managing physical assets and tracking equipment performance. The platforms also provide service assurance by enabling real-time alerts and providing automated corrective actions.

Companies Mentioned

Amazon Web Services, Inc.
Cisco Systems, Inc.
Dell Technologies, Inc.
Google, Inc.
Greenwave Systems, Inc.
Hewlett Packard Enterprise Company
Hitachi, Ltd.
International Business Machines Corporation
Microsoft Corporation
Mnubo Inc.
Oracle Corporation
PTC, Inc.
Salesforce.Com, Inc.
Sap Se
Teradata Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview And Industry Trends

6 Analytics of Things Market Analysis, By Application

7 Analytics of Things Market Analysis, By Component

8 Analytics of Things Market Analysis, By Analytics Type

9 Analytics of Things Market Analysis, By Deployment Model

10 Analytics of Things Market Analysis, By Organization Size

11 Analytics of Things Market Analysis, By Industry Vertical

12 Analytics of Things Market Geographic Analysis

13 Competitive Landscape

14 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/zsdd32/analytics_of

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SOURCE Research and Markets