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The global analytics of things or internet of things (IoT) analytics market size is expected to reach USD 57.3 billion by 2025LONDON, May 29, 2018 /PRNewswire/ -- Internet of Things (IoT) Analytics Market Size, Share & Trends Analysis Report By Vertical (Retail, Healthcare, Manufacturing, Transportation), By Organization Size, By Deployment, And Segment Forecasts, 2018 - 2025 Presence of a strong wireless network and burgeoning data generated by IoT in developed regions, including North America, are facilitating widespread adoption of IoT analytics.Hence, the regional market is expected to experience considerable growth over the forecast period. Additionally, domicile of prominent companies such as Google; Cisco Systems, Inc.; Hewlett Packard Enterprise Development LP; and Microsoft is poised to boost growth prospects of the market. Further key findings from the study suggest: • The healthcare & life sciences segment is projected to command over 12.5% of the overall revenue by 2025. The growth of the segment can be attributed to analytics of things solutions provide real-time alerts to doctors and help them in data monitoring and gaining actionable insights • SMEs are anticipated to be the most prominent organization size segment during the forecast period, owing to increasing competitive rivalry and adoption of advanced technologies for cost and time management • The cloud segment is likely to dominate the market with a CAGR of more than 30.0% over the forecast period, as these solutions provide 24/7 accessibility, incur less maintenance costs, and are gaining momentum • North America was the leading revenue contributor in 2016, owing to early adoption of the technology and presence of leading market players • The prominent players of analytics of things market include Amazon Web Services, Inc. (AWS); Cisco Systems, Inc.; Google; Greenwave Systems; Hitachi, Ltd.; Hewlett Packard Enterprise Development LP; and International Business Machines (IBM). Download the full report: https://www.reportbuyer.com/product/5399347 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-global-analytics-of-things-or-internet-of-things-iot-analytics-market-size-is-expected-to-reach-usd-57-3-billion-by-2025--300655484.html SOURCE ReportBuyer |