Global IoT Data Management Market – Industry Analysis and Forecast (2019-2026)
IoT Data Management Market
Global IoT Data Management Market was valued US$ 31.48 Bn in 2019 and is estimated to reach US$ XX Bn by 2026 at a CAGR of about XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Globally, huge amount of data has collected over the past few years from multiple platforms. Accordingly, there is a need to manage the growing amount of data. Also, growing number of threats and data openings has increased the need for securing this data. Major demand for data encryption to security of IoT-based devices and increasing number of smart city projects are expected to fuel the IoT data management market in the coming years.
On the other hand, poor connectivity of internet is limiting the growth of the market, as IoT data management needs high speed to transfer data. Additionally, limited or poor connectivity of internet in rural areas make the task difficult for unified IoT data management.
Based on regional analysis, global IoT data management market includes Latin America, North America, the Middle East and Africa, Europe, and Asia Pacific. Out of these regions, North America is expected to lead the market by holding maximum share over the forecast period. Changing trends including Bring Your Own Device (BYOD) and rising adoption of smart connected devices are the factors for the growth of IoT data management in this region. In addition, presence of large number of IoT data management players and increasing investments through allowances and increased budgets is likely to provide a significant boost in the regional market.
In the coming years, Asia Pacific is likely to offer profitable growth opportunities for the IoT data management market. Growing adoption of new technologies and rapid development in IT infrastructure are the key factors driving the Asia Pacific IoT data management market.
Leading companies in the market are also focusing on implementing strategic business development policies to get a firm hold in the market and to increase their geographical reach, key players operating in market includes Teradata Corporation, SAS Institute Inc., PTC Inc., Cisco Systems, Inc., Oracle Corporation, Hewlett Packard Enterprise (HPE) Company, and IBM Corporation, Fujitsu Limited, Influxdata, Inc., Trustwave Holdings, Inc., SAS Institute Inc., Logmein, Inc., Mulesoft, Inc., Striim, Inc., Zebra Technologies Corporation, Logfuze Inc., Dell Technologies, Inc., SAP SE, Google Inc., Hitachi, Happiest Minds, Siemens, Fingent. Atlas Systems.
Scope of Global IoT Data Management Market:
Global IoT Data Management Market, by Solution.
• Data integration
• Data migration
• Data security
• Metadata management
• Data analytics and visualization
Global IoT Data Management Market, by Deployment Type
Global IoT Data Management Market, by Service.
• Support and maintenance services
• Consulting services
• Managed services
Global IoT Data Management Market, by Application.
• Smart Healthcare
• Smart Manufacturing
• Smart Retail
• Smart Mobility and Transportation
• Smart Building and Home Automation
• Smart Energy and Utilities
Global IoT Data Management Market, by Geography.
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
Key players operated in Global IoT Data Management Market:
• Teradata Corporation
• SAS Institute Inc.
• PTC Inc.
• Cisco Systems, Inc.
• Oracle Corporation
• Hewlett Packard Enterprise (HPE) Company
• IBM Corporation
• Fujitsu Limited
• Influxdata, Inc.
• Trustwave Holdings, Inc.
• SAS Institute Inc.
• Logmein, Inc.
• Mulesoft, Inc.
• Striim, Inc.
• Zebra Technologies Corporation
• Logfuze Inc.
• Dell Technologies, Inc.
• SAP SE
• Google Inc.
• Happiest Minds
• Atlas Systems
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