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Analytics of Things Market by Application (Energy Management, Predictive Maintenance & Asset Management, Inventory Management, Remote Monitoring), Component, Analytics Type, Deployment, Organization Size, & Vertical - Global Forecast to 2022

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Date: 17-Jul-2017
No. of pages: 207
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“Need for advanced analytics and automation of businesses is expected to propel the Analytics of Things (AoT) market growth”

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. Emergence of edge analytics, and technological development in Platform as a Service (PaaS) will create opportunities for the growth of this market.

“Predictive maintenance and asset management application is expected to record the largest market size in 2017 in the AoT market. The trend is expected to continue during the forecast period”

Predictive analytics using IoT sensor is driving the overall AoT application market, primarily on account of the predictive maintenance and asset management application. Organizations are developing predictive diagnostic models by integrating equipment fitted with sensors to detect problems and take proactive actions.

“APAC is projected to grow at the highest rate during the forecast period”

The AoT market growth in Asia Pacific (APAC) region has started to gain momentum and is expected to witness the highest growth rate in the next few years. Rising awareness about the increase in business productivity, supplemented by competently designed AoT solutions offered by the vendors present in this region, has led APAC to become a highly potential market. This region is witnessing an increasing demand for cloud-driven AoT solutions.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

The break-up of the profiles of the primary participants is given below:


  • By Company: Tier 1:22%, Tier 2: 30%, and Tier 3:48%

  • By Designation: C-level:30%, Director level:45%, and Others:25%

  • By Region: North America:48%, Europe:30%, and APAC:22%


The key vendors profiled in the report are as follows:


  • 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, Inc. (US)

  • Hewlett Packard Enterprise Company (US)

  • PTC, Inc. (US)

  • Hitachi, Ltd. (Japan)

  • Teradata(US)

  • Salesforce.com, Inc. (US)

  • Greenwave Systems, Inc. (US)


Research Coverage

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.

Reasons to buy the report

The report will help the market leaders/new entrants in this market in the following ways:


  • This report segments the AoT market comprehensively and provides the closest approximations of the revenue numbers for the overall market and subsegments across different industry verticals and regions.

  • The report helps stakeholders to understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

  • This report will help stakeholders to better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes new product launches/developments; partnerships and collaborations; mergers and acquisitions; and expansions.

Analytics of Things Market by Application (Energy Management, Predictive Maintenance & Asset Management, Inventory Management, Remote Monitoring), Component, Analytics Type, Deployment, Organization Size, & Vertical - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Microquadrant Research Methodology
2.3.1 Vendor Inclusion Criteria
2.4 Research Assumptions and Limitations
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Analytics of Things Market
4.2 Analytics of Things Market: Market Share, By Region
4.3 Analytics of Things Market, By Industry Vertical and Region
4.4 Lifecycle Analysis, By Region, 2017

5 Market Overview and Industry Trends
5.1 Market Overview
5.1.1 Introduction
5.1.2 Market Dynamics
5.1.3 Drivers
5.1.3.1 Tremendous Growth of IoT Data
5.1.3.2 Need for Advanced Analytics and Automation for Businesses
5.1.4 Restraints
5.1.4.1 Ownership and Control of IoT Data
5.1.4.2 Lack of Real-Time Algorithms
5.1.5 Opportunities
5.1.5.1 Emergence of Edge Analytics
5.1.5.2 Technological Development in Paas
5.1.6 Challenges
5.1.6.1 Data Security and Privacy Concerns
5.1.6.2 Heterogeneous Data Processing
5.2 Industry Trends
5.2.1 AoT Ecosystem
5.3 Regulatory Implications
5.3.1 International Electrotechnical Commission (IEC)
5.3.2 ISO/International Electrotechnical Commission Joint Technical Committee 1
5.3.2.1 ISO/IEC JTC 1/Special Working Group 5
5.3.2.2 ISO/IEC JTC 1/SC 31
5.3.2.3 ISO/IEC JTC 1/SC 27
5.3.2.4 ISO/IEC JTC 1/WG 7 Sensor Networks (WGSN)
5.3.3 Institute of Electrical and Electronics Engineers Standards Association
5.3.4 European Committee for Standardization (CEN)/ISO
5.3.5 CEN/European Committee for Electrotechnical Standardization (Cenelec)
5.3.6 European Technical Standards Institute
5.3.7 International Telecommunication Union (ITU-T)
5.3.8 Analytics of Things Market: Use Cases
5.3.8.1 Introduction
5.3.8.2 Use Case 1: Manufacturing
5.3.8.3 Use Case 2: Healthcare
5.3.8.4 Use Case 3: Transportation
5.3.8.5 Use Case 4: Telecom
5.3.8.6 Use Case 5: Government
5.3.8.7 Use Case 6: Utilities
5.3.8.8 Use Case 7: Retail

6 Analytics of Things Market Analysis, By Application
6.1 Introduction
6.2 Energy Management
6.3 Predictive Maintenance and Asset Management
6.4 Inventory Management
6.5 Security and Emergency Management
6.6 Sales and Customer Management
6.7 Building Automation
6.8 IT Infrastructure Management
6.9 Remote Monitoring
6.10 Others

7 Analytics of Things Market Analysis, By Component
7.1 Introduction
7.2 Software
7.2.1 Sensor Data Analytics
7.2.2 IoT Gateway Analytics
7.2.3 Network Management
7.3 Services
7.3.1 Managed Services
7.3.2 Professional Services
7.3.3 Support and Maintenance
7.3.4 Consulting

8 Analytics of Things Market Analysis, By Analytics Type
8.1 Introduction
8.2 Predictive Analytics
8.3 Prescriptive Analytics
8.4 Descriptive Analytics

9 Analytics of Things Market Analysis, By Deployment Model
9.1 Introduction
9.2 On-Premises
9.3 Cloud

10 Analytics of Things Market Analysis, By Organization Size
10.1 Introduction
10.2 Small and Medium-Sized Enterprises
10.3 Large Enterprises

11 Analytics of Things Market Analysis, By Industry Vertical
11.1 Introduction
11.2 Manufacturing
11.3 Retail and Ecommerce
11.4 Government and Defense
11.5 Healthcare and Life Sciences
11.6 Energy and Utilities
11.7 Telecommunications and IT
11.8 Transportation and Logistics
11.9 Others

12 Analytics of Things Market Geographic Analysis
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 Middle East and Africa
12.6 Latin America

13 Competitive Landscape
13.1 Competitive Leadership Mapping Overview
13.1.1 Visionary Leaders
13.1.2 Innovators
13.1.3 Dynamic Differentiators
13.1.4 Emerging Companies
13.2 Competitive Benchmarking
13.2.1 Business Strategy Excellence Adopted By Major Players in the Analytics of Things Market
13.2.2 Strength of Product Portfolio Adopted By Major Players in the Market

14 Company Profiles
14.1 International Business Machines Corporation
14.1.1 Overview
14.1.2 Strength of Product Portfolio
14.1.3 Business Strategy Excellence
14.1.4 Recent Developments
14.2 Microsoft Corporation
14.2.1 Overview
14.2.2 Strength of Product Portfolio
14.2.3 Business Strategy Excellence
14.2.4 Recent Developments
14.3 Oracle Corporation
14.3.1 Overview
14.3.2 Strength of Product Portfolio
14.3.3 Business Strategy Excellence
14.3.4 Recent Developments
14.4 SAP SE
14.4.1 Overview
14.4.2 Strength of Product Portfolio
14.4.3 Business Strategy Excellence
14.4.4 Recent Developments
14.5 Cisco Systems, Inc.
14.5.1 Overview
14.5.2 Strength of Product Portfolio
14.5.3 Business Strategy Excellence
14.5.4 Recent Developments
14.6 Dell Technologies, Inc.
14.6.1 Overview
14.6.2 Strength of Product Portfolio
14.6.3 Business Strategy Excellence
14.6.4 Recent Developments
14.7 Google, Inc.
14.7.1 Overview
14.7.2 Strength of Product Portfolio
14.7.3 Business Strategy Excellence
14.7.4 Recent Developments
14.8 Amazon Web Services, Inc.
14.8.1 Overview
14.8.2 Strength of Product Portfolio
14.8.3 Business Strategy Excellence
14.8.4 Recent Developments
14.9 Hewlett Packard Enterprise Company
14.9.1 Overview
14.9.2 Strength of Product Portfolio
14.9.3 Business Strategy Excellence
14.9.4 Recent Developments
14.10 PTC, Inc.
14.10.1 Overview
14.10.2 Strength of Product Portfolio
14.10.3 Business Strategy Excellence
14.10.4 Recent Developments
14.11 Hitachi, Ltd.
14.11.1 Overview
14.11.2 Strength of Product Portfolio
14.11.3 Business Strategy Excellence
14.11.4 Recent Developments
14.12 Teradata Corporation
14.12.1 Overview
14.12.2 Strength of Product Portfolio
14.12.3 Business Strategy Excellence
14.12.4 Recent Developments
14.13 Salesforce.Com, Inc.
14.13.1 Overview
14.13.2 Strength of Product Portfolio
14.13.3 Business Strategy Excellence
14.13.4 Recent Developments
14.14 Greenwave Systems, Inc.
14.14.1 Overview
14.14.2 Strength of Product Portfolio
14.14.3 Business Strategy Excellence
14.14.4 Recent Developments
14.15 Mnubo Inc.
14.15.1 Overview
14.15.2 Strength of Product Portfolio
14.15.3 Business Strategy Excellence
14.15.4 Recent Developments

15 Appendix
15.1 Key Insights of Industry Experts
15.2 Discussion Guide
15.3 Introducing RT: Real-Time Market Intelligence
15.4 Available Customization
15.5 Related Reports
15.6 Knowledge Store: Marketsandmarkets’ Subscription Portal

List of Tables

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Analytics of Things Market Size, By Application, 2015–2022 (USD Million)
Table 3 Energy Management: Market Size, By Region, 2015–2022 (USD Million)
Table 4 Predictive Maintenance and Asset Management: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Inventory Management: Market Size, By Region, 2015–2022 (USD Million)
Table 6 Security and Emergency Management: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Sales and Customer Management:Market Size, By Region, 2015–2022 (USD Million)
Table 8 Building Automation: Market Size, By Region, 2015–2022 (USD Million)
Table 9 IT Infrastructure Management: Market Size, By Region, 2015–2022 (USD Million)
Table 10 Remote Monitoring: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Analytics of Things Market Size, By Component, 2015–2022 (USD Million)
Table 13 Software: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Analytics of Things Market Size, By Software, 2015–2022 (USD Million)
Table 15 Sensor Data Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 16 IoT Gateway Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 17 Network Management: Market Size, By Region, 2015–2022 (USD Million)
Table 18 Services: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Services: Market Size, By Type, 2015–2022 (USD Million)
Table 20 Managed Services: Market Size, By Region, 2015–2022 (USD Million)
Table 21 Professional Services: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Professional Services: Market Size, By Type, 2015–2022 (USD Million)
Table 23 Support and Maintenance: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Consulting: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Analytics of Things Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 26 Predictive Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Prescriptive Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Descriptive Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Analytics of Things Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 30 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 32 Analytics of Things Market Size, By Organization Size, 2015–2022 (USD Million)
Table 33 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 34 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 35 Analytics of Things Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 36 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)
Table 37 Manufacturing: Market Size, By Application, 2015–2022 (USD Million)
Table 38 Retail and Ecommerce: Market Size, By Region, 2015–2022 (USD Million)
Table 39 Retail and Ecommerce: Market Size, By Application, 2015–2022 (USD Million)
Table 40 Government and Defense: Market Size, By Region, 2015–2022 (USD Million)
Table 41 Government and Defense: Market Size, By Application, 2015–2022 (USD Million)
Table 42 Healthcare and Life Sciences: Market Size, By Region, 2015–2022 (USD Million)
Table 43 Healthcare and Life Sciences: Market Size, By Application, 2015–2022 (USD Million)
Table 44 Energy and Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 45 Energy and Utilities: Market Size, By Application, 2015–2022 (USD Million)
Table 46 Telecommunications and IT: Market Size, By Region, 2015–2022 (USD Million)
Table 47 Telecommunications and IT: Market Size, By Application, 2015–2022 (USD Million)
Table 48 Transportation and Logistics: Market Size, By Region, 2015–2022 (USD Million)
Table 49 Transportation and Logistics: Market Size, By Application, 2015–2022 (USD Million)
Table 50 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 51 Others: Market Size, By Application, 2015–2022 (USD Million)
Table 52 Analytics of Things Market Size, By Region, 2015–2022 (USD Million)
Table 53 North America: Analytics of Things Market Size, By Component, 2015–2022 (USD Million)
Table 54 North America: Market Size, By Software, 2015–2022 (USD Million)
Table 55 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 56 North America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 57 North America: Market Size, By Application, 2015–2022 (USD Million)
Table 58 North America: Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 59 North America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 60 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 61 North America: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 62 Europe: Analytics of Things Market Size, By Component, 2015–2022 (USD Million)
Table 63 Europe: Market Size, By Software, 2015–2022 (USD Million)
Table 64 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 65 Europe: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 66 Europe: Market Size, By Application, 2015–2022 (USD Million)
Table 67 Europe: Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 68 Europe: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 69 Europe: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 70 Europe: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 71 Asia Pacific: Analytics of Things Market Size, By Component, 2015–2022 (USD Million)
Table 72 Asia Pacific: Market Size, By Software, 2015–2022 (USD Million)
Table 73 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 74 Asia Pacific: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 75 Asia Pacific: Market Size, By Application, 2015–2022 (USD Million)
Table 76 Asia Pacific: Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 77 Asia Pacific: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 78 Asia Pacific: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 79 Asia Pacific: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 80 Middle East and Africa: Analytics of Things Market Size, By Component, 2015–2022 (USD Million)
Table 81 Middle East and Africa: Market Size, By Software, 2015–2022 (USD Million)
Table 82 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 83 Middle East and Africa: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 84 Middle East and Africa: Market Size, By Application, 2015–2022 (USD Million)
Table 85 Middle East and Africa: Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 86 Middle East and Africa: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 87 Middle East and Africa: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 88 Middle East and Africa: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 89 Latin America: Analytics of Things Market Size, By Component, 2015–2022 (USD Million)
Table 90 Latin America: Market Size, By Software, 2015–2022 (USD Million)
Table 91 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 92 Latin America: Market Size, By Professional Service, 2015–2022 (USD Million)
Table 93 Latin America: Market Size, By Application, 2015–2022 (USD Million)
Table 94 Latin America: Market Size, By Analytics Type, 2015–2022 (USD Million)
Table 95 Latin America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 96 Latin America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 97 Latin America: Market Size, By Industry Vertical, 2015–2022 (USD Million)
Table 98 Market Ranking for Analytics of Things Market, 2017

List of Figures

Figure 1 Analytics of Things Market: Market Segmentation
Figure 2 Regional Scope
Figure 3 Analytics of Things Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Evaluation Criteria
Figure 9 Analytics of Things Market: Assumptions
Figure 10 Analytics of Things Market is Poised to Witness Growth in the Global Market for the Period 2017–2022
Figure 11 Market Snapshot, By Component (2017 vs 2022)
Figure 12 Market Snapshot, By Service (2017–2022)
Figure 13 Market Snapshot, By Application (2017 vs 2022)
Figure 14 Market Snapshot, By Deployment Model (2017 vs 2022)
Figure 15 Market Snapshot, By Analytics Type (2017 vs 2022)
Figure 16 Market Snapshot, By Organization Size (2017 vs 2022)
Figure 17 Market Snapshot, By Industry Vertical (2017 vs 2022)
Figure 18 Need to Generate Valuable Insights From IoT Data and the Availability of Custom AoT Applications are Driving the Market Growth
Figure 19 North America is Expected to Have the Largest Market Share in 2017 Because of Early Adoption of Analytics of Things Software and Services in the Region
Figure 20 Manufacturing Industry Vertical and North America are Expected to Have the Largest Market Sizes in 2017
Figure 21 Asia Pacific is Expected to Have an Exponential Growth During the Forecast Period
Figure 22 Analytics of Things Market: Drivers, Restraints, Opportunities, and Challenges
Figure 23 Analytics of Things Architecture
Figure 24 Inventory Management Application Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 26 IoT Gateway Analytics is Expected to Have the Highest CAGR During the Forecast Period
Figure 27 Managed Services Subsegment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 28 Consulting Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 29 Descriptive Analytics Type is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 30 Cloud Deployment Model is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 31 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 32 Healthcare and Life Sciences Industry Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 33 Geographic Snapshot: Asia Pacific is Expected to Have the Highest CAGR in the Market During the Forecast Period
Figure 34 North America is Projected to Have the Largest Market Share in the Analytics of Things Market
Figure 35 North America: Market Snapshot
Figure 36 Asia Pacific: Market Snapshot
Figure 37 Analytics of Things Market (Global), Competitive Leadership Mapping, 2017
Figure 38 International Business Machines Corporation: Company Snapshot
Figure 39 Microsoft Corporation: Company Snapshot
Figure 40 Oracle Corporation: Company Snapshot
Figure 41 SAP SE: Company Snapshot
Figure 42 Cisco Systems, Inc.: Company Snapshot
Figure 43 Dell Technologies, Inc.: Company Snapshot
Figure 44 Google, Inc.: Company Snapshot
Figure 45 Amazon Web Services, Inc.: Company Snapshot
Figure 46 Hewlett Packard Enterprise Co: Company Snapshot
Figure 47 PTC, Inc.: Company Snapshot
Figure 48 Hitachi, Ltd.: Company Snapshot
Figure 49 Teradata Corporation: Company Snapshot
Figure 50 Salesforce.Com, Inc.: Company Snapshot

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