Global Connected Device Analytics
Market Report
2024
The global Connected Device Analytics Market size is USD 24 billion in 2024. The Connected Device Analytics Market will show strongest growth with a compound annual growth rate (CAGR) of 19% from 2024 to 2031. The market for connected device analytics is expanding quickly as more and more sectors rely on linked devices to improve operations and drive efficiency.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Connected Device Analytics Market size is USD 24 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 19% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Connected Device Analytics Market Sales Revenue 2024 | $ 24 Billion |
Global Connected Device Analytics Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19% |
Market Drivers: The growing requirement for businesses to develop digital infrastructure for large-scale deployments. Moreover, the increasing ubiquity of IoT devices and the internet is probably going to have a favourable effect on market expansion. | |
Market Restrains:
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Market Split by Component |
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Market Split by Deployment |
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Market Split by Application |
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Market Split by Industry Vertical O |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Connected Device Analytics industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Connected Device Analytics Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
By enabling connectivity between apps, people, and objects, connected device analytics is a cloud-based platform that improves customer communications platforms. Analytics from connected devices is setting the standard for improving the new era of connectivity. Through the use of APIs, the delivery architecture makes it possible to integrate audio, video, and messaging capabilities with the current business software. Businesses who want to integrate communication into their business applications use connected device analytics. By using this data, linked device analytics can identify trends in product usage, performance problems, new defects, or opportunities for hardware, asset, and product enhancements. The platforms, apps, managed services, and consultancy models offered by analytics companies to access device-generated big data sources are all included in the connected device analytics industry. Software capabilities to manage the volume, diversity, and velocity of machine and sensor data created across facilities, fleets, factories, and energy/utility infrastructure are offered by leading technology corporations and startups.
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In Septemer 2023, The Connected Device Analytics Platform was introduced by Salesforce with the intention of helping companies gain insights from their networked devices. (Source: https://investor.salesforce.com/press-releases/press-release-details/2023/Salesforce-Announces-the-New-Einstein-1-Platform--Driving-Productivity-and-Trusted-Customer-Experiences-Powered-by-Data-AI-and-CRM/default.aspx)
Top Companies Market Share in Connected Device Analytics Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 Because of the increasing public and private sector investments in smart infrastructure construction and other initiatives, North America holds the greatest share of the worldwide connected device analytics market. The increasing number of small and large organisations in the region utilising connected device analytic solutions will further contribute to the growth of the regional market.
Asia-Pacific stands out as the fastest-growing region in the Connected Device Analytics Market. The connected device analytics market is predicted to expand at the quickest rate in Asia Pacific because of continuous advancements in information technology. Additionally, the region's rising startup and small- to medium-sized business scene will significantly contribute to the expansion of the regional market. The expansion of the regional market in the upcoming years is expected to be supported by the existence of notable market leaders providing new services in the area.
The current report Scope analyzes Connected Device Analytics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Connected Device Analytics Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Connected Device Analytics Industry growth. Connected Device Analytics market has been segmented with the help of its Component, Deployment Application, and others. Connected Device Analytics market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, Solutions Segment is to dominate with a market share of over 57% and a dominant position. This significant market share may be ascribed to the rising need for all-inclusive and integrated solutions that let businesses effectively leverage the potential of connected device data. These solutions include a broad range of functions, such as gathering, analysing, visualising, and producing actionable insights. Businesses in a variety of sectors are depending more and more on these technologies to improve customer experiences, streamline processes, and make data-driven choices.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Connected Device Analytics Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Connected Device Analytics from 2019 to 2031. This will also help to analyze the demand for Connected Device Analytics across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Deployment of Connected Device Analytics are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The Global Connected Device Analytics Market is witnessing significant growth in the near future.
In 2023, the Solutions segment accounted for noticeable share of global Connected Device Analytics Market and is projected to experience significant growth in the near future.
The Cloud segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Adobe Inc. , Cisco Systems Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component | Solutions, Services |
Deployment | Cloud, On-Premises |
Application | Security & Emergency, Sales & Customer, Remote Monitoring, Predictive Maintenance & Asset, Inventory, Energy |
Industry Vertical O | Seaport, BFSI, Healthcare & Life Sciences, Retail & E-Commerce, Manufacturing, Energy & Utilities |
List of Competitors | Adobe Inc., Amazon Web Services Inc., Cisco Systems Inc., General Electric Company, Google LLC by Alphabet Inc., Guavus Inc., Hewlett Packard Enterprise Development LP, Infor, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, PTC Inc., Salesforce Inc., SAP SE, SAS Institute Inc., Software AG. |
This chapter will help you gain GLOBAL Market Analysis of Connected Device Analytics. Further deep in this chapter, you will be able to review Global Connected Device Analytics Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Analysis 2019 -2031, will provide market size split by Component. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Deployment Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Industry Vertical O Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Connected Device Analytics market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Solutions have a significant impact on Connected Device Analytics market? |
What are the key factors affecting the Solutions and Services of Connected Device Analytics Market? |
What is the CAGR/Growth Rate of Cloud during the forecast period? |
By type, which segment accounted for largest share of the global Connected Device Analytics Market? |
Which region is expected to dominate the global Connected Device Analytics Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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