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.