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Explore IoT analytics market that is expected to grow at a CAGR of +30%

A comprehensive analysis of the situation of IoT Analytics market is been done in this intelligence report. It includes the investigations done of the past progress, ongoing market scenarios and future prospects. An accurate data of the products, strategies and market shares of leading companies in this particular market is mentioned.

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The IoT Analytics market size is expected to grow at a Compound Annual Growth Rate (CAGR) of +30%. The report segments the market by application, component, analytics type, deployment model, organization size, industry vertical, and region.

The major growth drivers of the IoT Analytics market include tremendous growth of Internet of Things (IoT) data and the need for advanced analytics and automation of businesses. The base year considered for this report is 2016, and the market forecast period is 2017–2021.

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This report includes massive data relating to the product or technological developments observed in the market, complete with an analysis of the impact of these advancements on the market’s future development. Global IoT Analytics market has been carried out.

This report analysis will help organizations understand the major threat and opportunities that vendors have to deal in the market. Moreover, the report presents a 360-degree overview and SWOT analysis of the competitive.

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Key Players:  IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), SAP SE (Germany), Cisco Systems, Inc. (US), Dell Technologies, Inc. (US), Google, Inc., (US), Amazon Web Services (US), Hewlett Packard Enterprise Company (US), PTC, Inc. (US), Hitachi, Ltd. (Japan), Teradata Corporation (US), Salesforce.com, Inc. (US), and Greenwave Systems, Inc. (US). Other stakeholders of the

The main objective of the report is to define, describe, and forecast the global IoT Analytics market on the basis of applications, components, analytics types, deployment models, organization sizes, industry verticals, and regions. The report provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges).

The report aims to strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the total market.

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The research methodology used to estimate and forecast the IoT Analytics market begins with capturing data on key vendor revenues through secondary research, which includes directories and databases (D&B Hoovers, Bloomberg Businessweek, and Factiva). The vendor offerings have also been taken into consideration to determine the market segmentation.

The bottom-up procedure was employed to arrive at the overall market size of the global IoT Analytics market that was derived from the revenue of the key players in the market.

The global IOT Analytics market has been evaluated as growing market and expected that the market will touch high growth figures in upcoming years. The increase in demand for cloud-based deployments is accelerating this market due to its optimal cost and benefits of hassle-free maintenance.

Since the market is emerging, it is less competitive with fewer entry and exit barriers. However, the control lies with niche players who provide dedicated IoT analytics platforms.

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