Zion Market Research Analytics of things market, 2016 – 2024 | Page 3

Analytics of Things Market
share due to increasing need for resolving inventory and stocking issues on real time basis . Based on industry vertical , the global analytics of things market is divided as healthcare , energy & utilities , telecommunications & IT , transportation & logistics , retail , government & defense , manufacturing , and others . The healthcare segment accounted for the highest market share globally .
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Global Analytics of Things Market : Growth Factors
Analytics of things solutions is adopted in several industries such as government & defense , retail , transportation & logistics , telecommunication & IT , energy & utilities , healthcare , and others . However , retail industry is growing at faster rate , owing to augmenting customer preference and growing need to analyze customer data ; hence customer buying pattern is expected to foster in future . Analytics of things is growing due to rapidly changing technology which in turn results into generation of vast data and need to analyze such unstructured data . This is anticipated to enhance the global market growth .