IoT Data Management Market Analysis, Cost, Production Value, Price, Gross Margin and Competition Forecast to 2030
Market Scope
IoT Data
Management Market to reach US$ 123.56 Billion by 2030. The market, during the
forecast period (2022-2030), can attain a CAGR of 18.45%, says Market Research
Future (MRFR). IoT Data Management
Market,
by Component (Solution, Services), by Solution (Data Integration, Data
Analytics and Visualization), by Services (Managed Services, Consulting
Services), by Deployment (Public Cloud, Private Cloud), by Organization Size
(SMEs, Large Enterprises), by Application (Smart Energy and Utilities, Smart
Manufacturing, Building and Home Automation) — Global Forecast till 2030
Top
Vendors
Top vendors
shaping the worldwide IoT data management market include Cisco Systems Inc.
(US), Oracle Corporation (US), SAS Institute Inc. (US), IBM Corporation (US),
Fujitsu Limited (Japan), Dell Technologies, Inc. (US), Teradata Corporation
(US), SAP SE (Germany), Hewlett Packard Enterprise (US), Google Inc. (US), PTC
Inc. (US), and others.
Besides the top
players, some other companies that also contribute to the market growth are
Striim, Inc. (US), InfluxData Inc. (US), Zebra Technologies Corporation (US),
Trustwave Holdings, Inc. (US), Logmein, Inc. (Hungary), LogFuze Inc. (US),
Mulesoft Inc. (US), to mention a few.
Request
Free Sample for IoT Data Management Market
https://www.marketresearchfuture.com/sample_request/7286
Primary
Drivers and Key Barriers
The surge in the
use of connected devices, internet penetration, and high smartphone production,
as well as ownership, is in response to the massive outpour of data. This
substantial expansion of data has led to a tremendous need for data management.
Over the years,
various organizations have been opting for IoT enabled platform service models
along with cloud-based solutions, given the enormous amount of data generated
across the globe. IoT data management helps explore usage patterns, offer an
enhanced experience, and lead to resource efficiency. The majority of the key
market vendors are endeavoring to create solutions that help manage and secure
a vast volume of data in an efficient and consistent manner.
Projects like
smart cities and smart homes are expanding remarkably across the globe, which
is giving rise to the need for the management of the massive amount of data.
Data security is another issue being faced by organizations, which also boosts
the demand for IoT data management system.
Market
Segmentation
Component,
deployment, organization size, and application are the primary segments
according to which the IoT Data Management Market has been studied by
MRFR in its latest report.
Component-wise,
the market is considered for solutions and services. The solution segment
includes data analytics and visualization, data integration, data security,
metadata management, data migration, and others. The services segment can be
split into consulting services, support and maintenance services and managed
services.
With respect to
deployment, the IoT data management market caters to public cloud, private
cloud, and hybrid cloud.
Depending on the
organization size, the market has been segregated into small and medium
enterprises (SMEs) and large enterprises.
Application-based
segments in the market include smart manufacturing, smart energy and utilities,
smart healthcare, building, and home automation, smart mobility and
transportation, smart retail, connected logistics, and others. Smart
manufacturing takes place using IoT data analytics, which helps elevate asset
utilization as well as efficiency. The analysis of old and new data provides
ease in the decision-making process, which prompts the manufacturers to adopt
IoT data management solutions. Hence, the smart manufacturing segment is
leading the global market with the highest share.
Latest
Update
April 2019
EDMI has entered
a partnership with Arm, which will entail merging of smart metering solutions
offered by EDMI with Arm Mbed OS (PSA certified) as well as Pelion IoT
platform.
Regional
Insight
The IoT data
management market has been regionally segmented into Asia Pacific (APAC), Europe,
North America, in addition to the rest of the world (RoW), which includes the
Middle East, Africa as well as Latin America.
North America has
been identified as the largest revenue-generating region in the global IoT data
management market. The region has the potential to retain its position even
during the forecast period. A large population of smartphone owners, high
internet penetration and fast-paced adoption of advanced technologies benefit
the IoT data management market in the region. The United States (US) is the
leading market in the region, boasting of a high concentration of established
players that indulge in effective marketing hacks and strategies. Majority of
the economies in the region make sizeable investments in research and development
(R&D) activities, which leads to the development of latest technologies.
Prominent trends including IoT, Industrial Internet of Everything (IIoE) and
Bring Your Own Device (BYOD) have brought about an impressive growth in
technology adoption, which induces market growth.
Get More
Information:
https://www.marketresearchfuture.com/reports/iot-data-management-market-7286
APAC holds a lot
of potential, in terms of market growth in the coming years. High adoption of
sophisticated technologies, mushrooming IT infrastructure and use of IoT in
industrial segment are working in favor of the regional market. The region can
witness the fastest growth rate during the appraisal period. Several government
initiatives including telematics programs and smart city projects are also
boosting the implementation of IoT data management solutions within the region.
Related
Articles:
https://sharingfield.com/read-blog/32015
https://chaitalimrfr01.blogspot.com/2023/02/online-gambling-market-is-expected-to.html
About Market
Research Future:
Market Research
Future (MRFR) is a global market research company that takes pride in its
services, offering a complete and accurate analysis regarding diverse markets
and consumers worldwide. Market Research Future has the distinguished objective
of providing the optimal quality research and granular research to clients. Our
market research studies by products, services, technologies, applications, end
users, and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help
answer your most important questions.
Contact:
Market Research
Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street,
5Th Floor.
New York, NY 10013
United States of
America
+1 628 258 0071
(US)
+44 2035 002 764
(UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Comments
Post a Comment