IoT Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

In the vibrant landscape of the 21st century, the proliferation of IoT-enabled smart devices has become a ubiquitous phenomenon, reshaping the dynamics of various sectors with their ability to collect vast troves of data. These IoT-connected devices, tantamount in value to the critical information they amass, are witnessing a steady surge in demand, propelling the IoT analytics market into the forefront of technological innovation.

Healthcare Emerges as a Key Vertical in North America's IoT Analytics Market

Among the myriad sectors benefiting from the IoT analytics revolution, healthcare stands out as a major beneficiary. With the exponential growth in data volume within the healthcare industry, IoT analytics proves instrumental in enhancing efficiency and facilitating informed decision-making processes. By harnessing insights gleaned from extensive data pools, healthcare professionals can navigate through the intricacies of patient care with unparalleled precision, leveraging digitization and IoT technology to streamline data collection and optimize healthcare delivery.

Navigating Challenges: Addressing Software Complexity and Skilled Resource Shortages

Nevertheless, amidst the promise of IoT analytics, challenges loom large. The intricate nature of IoT software demands a cohort of highly skilled professionals, posing a significant hurdle in its widespread adoption. The scarcity of proficient resources capable of handling data intricacies and system integration poses a formidable barrier, hindering the potential growth of the IoT analytics market.

Forging Pathways to Success: Collaborations Define the Future of IoT Analytics

In the pursuit of addressing the burgeoning demand for IoT solutions, industry leaders are embracing collaborative endeavors to offer cutting-edge technology to businesses. Noteworthy partnerships between key players such as Cisco Systems, AT&T, and IBM Corporation exemplify this trend, ushering in a new era of innovation. Leveraging synergies between IoT platforms, these collaborations aim to deliver unparalleled insights and solutions, empowering businesses to unlock the full potential of IoT analytics.

For instance, the strategic alliance between IBM Corp. and AT&T in March 2017 epitomizes this collaborative spirit, facilitating the delivery of industrial IoT data insights to enterprise customers. Similarly, the partnership between IBM Corp. and Cisco Systems in June 2016 paved the way for instantaneous IoT insights at the network edge, revolutionizing data analytics capabilities in remote locations.

As the IoT analytics market continues to evolve, fueled by innovation and collaboration, businesses are poised to harness its transformative potential, driving efficiency, profitability, and growth across diverse industries.

North America's Dominance in the Global IoT Analytics Market

North America commands a significant portion of the global IoT analytics market and is projected to maintain its leading position in the foreseeable future. The United States, surpassing Canada by a substantial margin, emerged as a powerhouse within the region. Meanwhile, Canada is expected to exhibit robust year-on-year growth rates, accompanied by notable compound annual growth.

Healthcare: A Beacon of Growth in the North America IoT Analytics Market

With its advanced medical infrastructure and a rapidly aging population, healthcare emerges as a particularly promising vertical in the North America IoT analytics market. This sector signals substantial opportunities for stakeholders. Moreover, healthcare is poised for consistent revenue expansion throughout the forecast period, underscoring a bright outlook for industry participants.

Competitive Analysis

Key companies functioning in the market including:

IBM Corporation
Microsoft Corporation
Intel Corporation
Cumulocity GmbH
Tableau Software
Cisco System Inc.
Oracle Corporation
Aeris Communication
Accenture PLC
Others.

IoT Analytics Market Segmentation

By Components

Software
Services

By Deployment Type

On-Premise
SaaS

By Verticals

Healthcare
Retail
Transportation & Logistics
Government
Manufacturing
IT & Telecom
Energy & Utilities
Others

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

1. Executive Summary

1.1. Global IoT Analytics Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global IoT Analytics Market Outlook, 2018 - 2031

3.1. Global IoT Analytics Market Outlook, by Components, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Software
  - 3.1.1.2. Services
3.2. Global IoT Analytics Market Outlook, by Deployment Type, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. On-Premise
  - 3.2.1.2. SaaS
3.3. Global IoT Analytics Market Outlook, by Verticals, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Healthcare
  - 3.3.1.2. Retail
  - 3.3.1.3. Transportation & Logistics
  - 3.3.1.4. Government
  - 3.3.1.5. Manufacturing
  - 3.3.1.6. IT & Telecom
  - 3.3.1.7. Energy & Utilities
  - 3.3.1.8. Others
3.4. Global IoT Analytics Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America IoT Analytics Market Outlook, 2018 - 2031

4.1. North America IoT Analytics Market Outlook, by Components, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Software
  - 4.1.1.2. Services
4.2. North America IoT Analytics Market Outlook, by Deployment Type, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. On-Premise
  - 4.2.1.2. SaaS
4.3. North America IoT Analytics Market Outlook, by Verticals, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Healthcare
  - 4.3.1.2. Retail
  - 4.3.1.3. Transportation & Logistics
  - 4.3.1.4. Government
  - 4.3.1.5. Manufacturing
  - 4.3.1.6. IT & Telecom
  - 4.3.1.7. Energy & Utilities
  - 4.3.1.8. Others
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America IoT Analytics Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 4.4.1.2. U.S. IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 4.4.1.3. U.S. IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 4.4.1.4. Canada IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 4.4.1.5. Canada IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 4.4.1.6. Canada IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe IoT Analytics Market Outlook, 2018 - 2031

5.1. Europe IoT Analytics Market Outlook, by Components, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Software
  - 5.1.1.2. Services
5.2. Europe IoT Analytics Market Outlook, by Deployment Type, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. On-Premise
  - 5.2.1.2. SaaS
5.3. Europe IoT Analytics Market Outlook, by Verticals, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Healthcare
  - 5.3.1.2. Retail
  - 5.3.1.3. Transportation & Logistics
  - 5.3.1.4. Government
  - 5.3.1.5. Manufacturing
  - 5.3.1.6. IT & Telecom
  - 5.3.1.7. Energy & Utilities
  - 5.3.1.8. Others
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe IoT Analytics Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 5.4.1.2. Germany IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.3. Germany IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 5.4.1.4. U.K. IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 5.4.1.5. U.K. IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.6. U.K. IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 5.4.1.7. France IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 5.4.1.8. France IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.9. France IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 5.4.1.10. Italy IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 5.4.1.11. Italy IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.12. Italy IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 5.4.1.13. Turkey IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 5.4.1.14. Turkey IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.15. Turkey IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 5.4.1.16. Russia IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 5.4.1.17. Russia IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.18. Russia IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 5.4.1.19. Rest of Europe IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 5.4.1.20. Rest of Europe IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 5.4.1.21. Rest of Europe IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Cassava Starch Market Outlook, 2018 - 2031

6.1. Asia Pacific Cassava Starch Market Outlook, by Components, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Software
  - 6.1.1.2. Services
6.2. Asia Pacific IoT Analytics Market Outlook, by Deployment Type, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. On-Premise
  - 6.2.1.2. SaaS
6.3. Asia Pacific IoT Analytics Market Outlook, by Verticals, Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific IoT Analytics Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 6.4.1.2. China IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.3. China IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 6.4.1.4. Japan IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 6.4.1.5. Japan IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.6. Japan IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 6.4.1.7. South Korea IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 6.4.1.8. South Korea IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.9. South Korea IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 6.4.1.10. India IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 6.4.1.11. India IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.12. India IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 6.4.1.13. Southeast Asia IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 6.4.1.14. Southeast Asia IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.15. Southeast Asia IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America IoT Analytics Market Outlook, 2018 - 2031

7.1. Latin America IoT Analytics Market Outlook, by Components, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Software
  - 7.1.1.2. Services
7.2. Latin America IoT Analytics Market Outlook, by Deployment Type, Value (US$ Bn), 2018 - 2031
7.3. Latin America IoT Analytics Market Outlook, by Verticals, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Healthcare
  - 7.3.1.2. Retail
  - 7.3.1.3. Transportation & Logistics
  - 7.3.1.4. Government
  - 7.3.1.5. Manufacturing
  - 7.3.1.6. IT & Telecom
  - 7.3.1.7. Energy & Utilities
  - 7.3.1.8. Others
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America IoT Analytics Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 7.4.1.2. Brazil IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 7.4.1.3. Brazil IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 7.4.1.4. Mexico IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 7.4.1.5. Mexico IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 7.4.1.6. Mexico IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 7.4.1.7. Argentina IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 7.4.1.8. Argentina IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 7.4.1.9. Argentina IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 7.4.1.10. Rest of Latin America IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 7.4.1.11. Rest of Latin America IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 7.4.1.12. Rest of Latin America IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa IoT Analytics Market Outlook, 2018 - 2031

8.1. Middle East & Africa IoT Analytics Market Outlook, by Components, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Software
  - 8.1.1.2. Services
8.2. Middle East & Africa IoT Analytics Market Outlook, by Deployment Type, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. On-Premise
  - 8.2.1.2. SaaS
8.3. Middle East & Africa IoT Analytics Market Outlook, by Verticals, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa IoT Analytics Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 8.4.1.2. GCC IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.3. GCC IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 8.4.1.4. South Africa IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 8.4.1.5. South Africa IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.6. South Africa IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 8.4.1.7. Egypt IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 8.4.1.8. Egypt IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.9. Egypt IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 8.4.1.10. Nigeria IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 8.4.1.11. Nigeria IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.12. Nigeria IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa IoT Analytics Market by Components, Value (US$ Bn), 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa IoT Analytics Market by Deployment Type, Value (US$ Bn), 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa IoT Analytics Market by Verticals, Value (US$ Bn), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Verticals vs by Deployment Type Heat map
9.2. Manufacturer vs by Deployment Type Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. IBM Corporation
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Microsoft Corporation
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Intel Corporation
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Cumulocity GmbH
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. Tableau Software Cisco System Inc.
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Oracle Corporation
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. Aeris Communication
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Accenture PLC
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations