The article cited AMA's Global Analytics of Things Market Study explored substantial growth with CAGR of 29.3%. According to the study, Ease of Deployment and Reduced Cost of Components
is one of the primary growth factors for the market. Increasing Frequency of End-to-End Automation Process
is also expected to contribute significantly to the Analytics of Things market. Overall, Energy Management
applications of Analytics of Things, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Cisco Systems (United States), Microsoft Corporation ((United States), SAP SE (Germany), Intel Corporation (United States), IBM Corporation (United States), Capgemini (France), TIBCO Software (United States), AGT International (Germany) and Google, Inc. (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Analytics of Things market identified that the demand is rising in many different parts of the world as "Increasing Demand for IoT and Demand for Instant Information
". Furthermore, some recent industry insights like "May 2018, AGT International has created a world-class Artificial Intelligence (AI) and Internet of Things (IoT) platform that redesigns the way we understand people, things, and entire physical environments. The IoTA platform, which now runs on top of Amazon Web Services, establishes a new category of AI applications based on IoT: It can process and fuse data from a large variety of sensors in real-time." is constantly making the industry dynamic. One of the challenges that industry facing is "Concerns Regarding Data Security & Privacy"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Analytics of Things market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Analytics of Things market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Analytics of Things market tight? Which application/end-user category or Product Type [Software and Service] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Analytics of Things market and other related sub-markets covered in the study.
o Key & emerging players in the Analytics of Things market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Analytics of Things market size is calculated using market estimation process, the Analytics of Things market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Analytics of Things market size has been validated using both top-down and bottom-up approaches.