The Global Connected Device Analytics Market is projected to reach a value of over USD 51.3 Billion by 2027 at a CAGR of around 23.2%.

Connected device is refer to smart devices or a mobile devices which may connect to each other and system with the help network. Whereas, it helps to make smart decision as well as provide most efficient processes for the businesses growth. However, it used in medical sector to improve patient safety as well as support the remote monitoring of chronic diseases. Also, it offers a significant benefit to the business from enhancing decision making to improve the safety and security with the real-time data monitoring.

Hence, it connect with the Internet and various other wired and wireless network and protocol such as Wi-Fi, 3G, or 4G which may increase the market growth in the forecast period.

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Connected Device Analytics Market: Drivers & Challenges

Market Driver:

  • Rising Adoption of Internet of Things (IoT)

With the rising adoption of Internet of Things (IoT) is witness to increase  the demand of the connected device analytics market in the forecast period. Whereas, it helps to reduce cost, enhance monitoring and maintenance service by providing real-time data. Also, with the real-time data benefit with the IoT will significance to create a various opportunities for the businesses to increase its services in digital platforms. Moreover, it will improve efficiency and productivity to improve the operations in any environment.

Hence, with the adoption of advanced monitoring technologies, it will help to provide additional operational data benefits as well as enhances the asset management though data analysis which lead to boost the businesses growth.

Market Challenges:

  • Security Concerns

One of the major key concern of the connected device analytics market is the lack of security as well as shortage of skilled professionals which may hamper the market growth. Whereas, trained professionals are required to deploy AI technologies as well as the advance software systems. Also, the organization need acquire skilled professionals in the areas such as networking, and cyber security. Moreover, the machine learning are also connected through the Internet for the operational process which lead to an opportunities for the attackers to exploit.

Hence, these will lead to create a major impact for the growth of connected device analytics market in the projected period.

Connected Device Analytics Market: Key Segments

  • Segmentation based on Component: Solution and Services.
  • Segmentation based on Deployment Mode: Cloud and On-Premises.
  • Segmentation based on Enterprise Size: Small And Medium-Sized Enterprises (SMEs) and Large Enterprises.
  • Segmentation based on Application: Asset Management, Energy Operation, Sales and Customer Management, Building Automation and Emergency Management.
  • Segmentation based on End-User: BFSI, Retail, Government and Defense, Healthcare, Manufacturing, Telecommunications, Energy and Utilities and Others.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Connected Device Analytics Market: Report Scope

The report on the connected device analytics market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered

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List of the leading companies operating in the Connected Device Analytics Market include:

  • Microsoft (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • SAP SE
  • Oracle
  • IBM Corporation
  • PTC
  • Amazon Web Services, Inc.
  • Cisco Systems, Inc.
  • GOOGLE
  • Teradata
  • Adobe
  • Other Key Companies
    • Hitachi, Ltd.
    • SAS Institute Inc.
    • General Electric
    • Cloudera, Inc.
    • Guavus, Inc.


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Connected Device Analytics Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Connected Device Analytics Market, by Component

  • Solution
  • Services
    • Professional Services
    • Managed Services

Connected Device Analytics Market, by Deployment Mode

  • Cloud
    • Public Cloud
    • Private Cloud
    • Hybrid Cloud
  • On-Premises

Connected Device Analytics Market, by Enterprise Size

  • Small And Medium-Sized Enterprises (SMEs)
  • Large Enterprises

Connected Device Analytics Market, by Application

  • Asset Management
  • Energy Operation
  • Sales And Customer Management
  • Building Automation
  • Emergency Management
  • Others

Connected Device Analytics Market, by End-User

  • BFSI
  • Retail
  • Government and Defense
  • Healthcare
  • Manufacturing
  • Telecommunications
  • Energy and Utilities
  • Others

Connected Device Analytics Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Table of Content:

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rising Adoption of Internet of Things (IoT)
      2. Enhancement in Remote Monitoring
    3. Restraint
      1. Security Concerns 
    4. Opportunities
      1. Growing Adoption in Smart Device
      2. Rising for Tracking Covid-19 Affect People
    5. Challenges
      1. Lack of Skilled Professionals
      2. Reduce in Manufacturing Functioning
  1. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  2. GLOBAL CONNECTED DEVICE ANALYTICS MARKET BY COMPONENT, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Solution
    3. Services
      1. Professional Services
      2. Managed Services
  3. GLOBAL CONNECTED DEVICE ANALYTICS MARKET BY DEPLOYMNET MODE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Cloud
      1. Public Cloud
      2. Private Cloud
      3. Hybrid Cloud
    3. On-Premises
  4. GLOBAL CONNECTED DEVICE ANALYTICS MARKET BY ENTERPRISE SIZE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Small And Medium-Sized Enterprises (SMEs)
    3. Large Enterprises
  5. GLOBAL CONNECTED DEVICE ANALYTICS MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Asset Management
    3. Energy Operation
    4. Sales And Customer Management
    5. Building Automation
    6. Emergency Management
    7. Others
  6. GLOBAL CONNECTED DEVICE ANALYTICS MARKET BY END-USER, Market Size in USD Million (2019-2027)
    1. Introduction
    2. BFSI
    3. Retail
    4. Government and Defense
    5. Healthcare
    6. Manufacturing
    7. Telecommunications
    8. Energy and Utilities
    9. Others
  7. GLOBAL CONNECTED DEVICE ANALYTICS MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  8. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  9. COMPANY PROFILES
    1. Microsoft
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. SAP SE
    3. Oracle
    4. IBM Corporation
    5. PTC
    6. Amazon Web Services, Inc.
    7. Cisco Systems, Inc.
    8. GOOGLE
    9. Teradata
    10. Adobe
    11. Other Key Companies  
      1. Hitachi, Ltd.
      2. SAS Institute Inc.
      3. General Electric
      4. Cloudera, Inc.
      5. Guavus, Inc.
  10. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options


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