The global AoT market size 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%.Tremendous growth in Internet of Things (IoT) data is also fueling the growth of this market. Ownership and control of data, and lack of real-time algorithms are the biggest restraints for the AoT market.
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Emergence of edge analytics, and technological development in Platform as a Service (PaaS) will create opportunities for the growth of this market.
Predictive analytics using IoT sensor is driving the overall AoT application market, primarily on account of the predictive maintenance and asset management application.
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The report segments the AoT market based on components, which include software and services; the software segment comprises sensor data analytics, IoT gateway analytics, and network management, whereas the services segment is segmented into managed services and professional services. Under professional services, the report is further segmented into support and maintenance, and consulting services.
Based on deployment models, the market is segmented into on-premises and cloud. Under organization size, it is segmented into Small and Medium-Sized Enterprises (SMEs) and large enterprises, whereas under the application segment, the market is segmented into energy management, predictive maintenance and asset management, inventory management, security and emergency management, sales and customer management, building automation, IT infrastructure management, remote monitoring, and others.
Under analytics type, the market includes predictive, prescriptive, and descriptive analytics. Under industry verticals, the market includes manufacturing; retail and eCommerce; government and defense; healthcare and life sciences; telecommunications and IT; energy and utilities; Banking, Financial Services, and Insurance (BFSI); and others.
The regions are segmented into North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.
Key Points From Table Of Content:
14 Company Profiles
14.1 International Business Machines Corporation
14.1.2 Strength of Product Portfolio
14.1.3 Business Strategy Excellence
14.1.4 Recent Developments
14.2 Microsoft Corporation
14.2.2 Strength of Product Portfolio
14.2.3 Business Strategy Excellence
14.2.4 Recent Developments
14.3 Oracle Corporation
14.3.2 Strength of Product Portfolio
14.3.3 Business Strategy Excellence
14.3.4 Recent Developments
14.4 SAP SE
14.4.2 Strength of Product Portfolio
14.4.3 Business Strategy Excellence
14.4.4 Recent Developments
14.5 Cisco Systems, Inc.
14.6 Dell Technologies, Inc.
14.7 Google, Inc.
14.8 Amazon Web Services, Inc.
14.9 Hewlett Packard Enterprise Company
14.10 PTC, Inc.
14.11 Hitachi, Ltd.
14.12 Teradata Corporation
14.13 Salesforce.Com, Inc.
14.14 Greenwave Systems, Inc.
14.15 Mnubo Inc.
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