What is Connected Device Analytics?
Connected device analytics is the platform where the data is provided about the IoT based or web-connected devices, it includes the information about the device, network, technical errors, its working status, and other custom properties. It helps in managing the security data, asset management, remote monitoring, energy management, predictive maintenance, etc. that helps connected devices in operating properly and find the errors.
The market study is broken down, by Application (Security and Emergency Management, Remote Monitoring, Predictive Maintenance and Asset Management, Inventory Management, Energy Management and Others) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microsoft Corporation (United States), Oracle Corporation (United States), IBM (United States), SAP SE (Germany), PTC Inc. (United States), Cisco Systems, Inc. (United States), Google LLC (United States), Adobe Inc. (United States), Teradata Corporation (United States), CUJO AI (United States), Cloudera, Inc. (United States) and Splunk Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Connected Device Analytics market by Type, Application and Region.
On the basis of geography, the market of Connected Device Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Service will boost the Connected Device Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Manufacturing will boost the Connected Device Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the Connected Device Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 2nd Jan 2020, CUJO AI, the global leader in the development and application of artificial intelligence to improve the security, control, and privacy of connected devices, will showcase its breakthrough AI-powered network analytics tool Lens at CES 2020.
Market Trend
- Emerging Consumption of Connected Device Analytics for the Security and Remote Monitoring
Market Drivers
- The Demand for Collecting the Data form the Connected Device
- Need for Managing the Data Storage and Providing Efficiency
Opportunities
- Increasing Spending of the Various Industries on Connected Device Analytics
Restraints
- The requirement of Skilled Professionals for managing the Connected Device Analytics
Challenges
- Technical Glitches and Networking Issue with Connected Device Analytics
Key Target Audience
Connected Device Analytics Providers, Connected Device Analytics Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.