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Internet of Things Data Management Market by Solution, Service, Deployment Type, Organization Size, Application Area And Region - Global Forecast to 2022

Internet of Things Data Management Market: Global Forecast until 2022

  • August 2017
  • 167 pages
  • ID: 5076306
In this report:
THE SUPPORT AND MAINTENANCE SERVICES SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR OF ##.##% DURING THE FORECAST PERIOD, FROM USD ##,##.## MILLION IN 2017 TO USD ##,##.## MILLION BY 2022.
THE MARKET FOR THE DATA ANALYTICS AND VISUALIZATION SEGMENT IS EXPECTED TO GROW FROM USD ##,##.## MILLION IN 2017 TO USD ##,##.## MILLION BY 2022, AT A CAGR OF ##.##% DURING THE FORECAST PERIOD.

Summary

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The sector is anticipated to rise at a CAGR of 19.30 percent, due to growth in the number of connected devices interacting and exchanging data, and complex setup of IoT.

The overall Internet of Things data management market is forecasted to grow from ~$27.5B in 2017 to ~$66.4B by 2022, at a compound annual growth rate of 19.30 percent. The modernization of data warehouse architecture, increasing need for data traffic management, and technological improvements in wireless technologies are the factors providing to the increase of the IoT data management market. A modernized data warehouse helps in centralizing a repository system of integrated data. Moreover, IoT traffic models are a necessity, as they offer an extra layer of authentic connectivity between the devices and network-secure IoT data management. They help in reducing costs and optimizing network performance for both network operators and manufacturers. Insufficient knowledge about IoT business consulting, technology consulting, system designing and integration, data aggregation, and security protocols is a main factor restricting the rise of the IoT data management market.

The metadata management segment is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period.

Metadata management is one of the modern IoT data management solutions being quickly adopted by developed countries, including the US and Canada (CA).Metadata management benefits institutions rise the visibility of information, thereby assisting in improving business decisions and outcomes.

Furthermore, institutions treat data as an asset, thereby making metadata management a strategic business tool.

The data analytics and visualization segment is forecasted to have the biggest industry size in the IoT data management market during the estimate period.

Data analytics and visualization is an integral part of the IoT data management system.Data analytics and visualization translates the big data generated by IoT devices into visual and understandable insights.

It allows institutions to have strong analytics, which further helps them in making accurate marketing and strategic management.Cloud-based IoT analytics platforms offer IoT-specific analytics to minimize the time, cost, and expertise required for developing analytics-rich IoT applications.

IoT data analytics also provides the capability to combine operative information with info from IT systems and deliver intelligent analytics to the stakeholders.

Asia Pacific (APAC) is expected to grow at the maximal rate during the outlook period.

The Asia-Pac market is anticipated to witness significant increase and is forecasted to be the fastest growing area in the IoT data management market.Asia-Pacific has witnessed advanced and dynamic adoption of new technologies, and it has always been a lucrative market.

The increase in the use of connected devices has rised the industry demand for IoT data management solutions in the Asia-Pacific regions. IoT data management solutions have helped APAC organizations enhance their business productivity, improve the time to market for products and services, growth efficiency, and reduce the global business costs.

In the process of finding out and checking the market size of different segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. The break-up of the profiles of the primary participants is like:

• By Organization: Tier 1 - 30 %, Tier 2 - 40.0 percent, and Tier 3 - 30.0 percent

• By Description: C-suite - 72.0 percent, D-level - 14.0 percent, and Others - 14.0 percent

• By Area: North America continent - 57.0 percent, Europe (EU) - 14.0 percent, Asia-Pac - 29.0 percent

The IoT data management market includes different vendors, including International Business Machines (NYSE:IBM), PTC Inc., Teradata Corporation, Dell Technologies, Incorporated, Cisco Systems (NASDAQ:CSCO), SAS Institute Inc., Hewlett Packard Enterprise Company, Fujitsu Limited, Oracle (NASDAQ:ORCL), Google (NASDAQ:GOOG), SAP SE (SAP), LogMeIn, Incorporated, Striim, Incorporated, Zebra Technologies Corporation, LogFuze Inc., InfluxData, Incorporated, Trustwave Holdings, Incorporated, and MuleSoft, Incorporated.

Segment Research

The market research includes a detailed competitive analysis of the top players in the IoT data management market together with their company descriptions, recent evolutions, and key industries strategies. The document breaks down the IoT data management market by component (solution and service), deployment type, organization size, application area, and area.

Why Purchasing This Study Can Help You:

The IoT data management market has been split on the basis of components (solutions and services), deployment types, organization size, application areas, and territories.

The industry report will facilitate the market top players/new sector entrants in the IoT data management market in these ways:

1. The global IoT data management market revenue stream has been estimated based on the revenues of the vendors offering IoT data management as Software-as-a-Service. It is inclusive of the managed, support and maintenance, and consulting services provided by professional service providers, including Managed Service Providers. The study offers the best approximations of the revenue data for the global market and its sub-segments. The industry numbers are further split into localities.

2. The analysis will facilitate the partners distinguish the pulse of the sector and offer them with info on the main market drivers, market restraints, opportunities, and alternatives.

3. The market research will facilitate the partners comprehend the players and obtain additional insights to better their market position. The competitive outlook section includes the competitor ecosystem, new industry product developments, alliances, and mergers and acquisitions associated to the IoT data management market.

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