When it comes to the global Analytics of Things market by Application, primarily, we talk about Predictive Maintenance & Asset Management, Security & Emergency Management, and Remote Monitoring; to name a few.
Research and Markets estimated that, the global Analytics of Things market will
grow from USD 4.85 billion in 2016 to USD 22.65 billion by 2021, at a Compound
Annual Growth Rate (CAGR) of 31.53%.
The firms also revealed that, the Analytics of Things market is growing
rapidly because of the increasing number of connected devices and the vast
amount of data being generated through these devices, and to analyze such
unstructured data.
Steadily, Analytics of Things solutions are deployed
across various industry verticals, including healthcare, telecommunication
& IT, retail, manufacturing, energy & utilities, transportation &
logistics, government & defense, and others.
Comments
Post a Comment