GITNUX MARKETDATA REPORT 2024
Analytics Of Things Industry Statistics
The Analytics of Things industry is projected to experience significant growth in the coming years, with an expected increase in adoption and integration of data analytics and IoT technologies across various sectors.
In this post, we explore key statistics and insights within the analytics of the Internet of Things (IoT) industry. From the significant market sizes to sector-specific projections, we uncover the latest trends shaping the IoT landscape and its impact across various sectors globally. Dive into the numbers that are driving innovation and growth in this dynamic industry.
Statistic 1
"In 2020, the global Internet of Things (IoT) market size was valued at USD 690.9 billion."
Statistic 2
"The global IoT analytics market size was valued at USD 7.19 billion in 2019."
Statistic 3
"The global IoT analytics market is expected to grow at a compound annual growth rate (CAGR) of 28.9% from 2020 to 2027."
Statistic 4
"North America dominated the IoT analytics market in 2019, contributing more than one-third of the total share."
Statistic 5
"The manufacturing industry is projected to witness the highest CAGR of 31.5% during the forecast period of 2020-2027."
Statistic 6
"Retail industry is anticipated to be the fastest-growing application segment, displaying a CAGR of 47.6% from 2021 to 2025."
Statistic 7
"By 2021, approximately 1.3 billion IoT connections are forecasted to be in use by the automotive & transport sector."
Statistic 8
"The Asia Pacific IoT market is projected to grow at a CAGR of 35.9% during the forecast period 2020-2025."
Statistic 9
"The global spent on IoT Technology will reach $450 Billion by 2020."
Statistic 10
"In 2019, 27% of companies globally used IoT data analytics for predictive maintenance."
Statistic 11
"The healthcare IoT market is forecasted to generate $511.06 billion by 2025."
Statistic 12
"The security solution dominated the IoT analytics solution market in 2019, with over 30% of the total revenue share."
Statistic 13
"IoT analytics in agriculture is expected to grow at a CAGR of 28% from 2020 to 2026."
Statistic 14
"By 2025, it is estimated that 26 billion devices will be part of the Internet of Things."
Statistic 15
"The professional services segment accounted for a significant revenue share in 2019, constituting more than one-fourth of the global IoT analytics market."
Statistic 16
"In 2019, Cisco accounted for 9.6% share in the IoT market."
Statistic 17
"IoT devices are expected to generate more than 500 zettabytes of data per year by 2019."
Statistic 18
"The revenue from the Industrial Internet of Things market is expected to surpass $123 billion by 2021."
Statistic 19
"Around 60% of global manufacturers will use analytics data recorded from embedded devices to optimize manufacturing and supply chain operations by 2021."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
