Analytics of Things Market
Global Analytics of Things Market: Regional Analysis
North America is the dominating regional segment in the market. It is anticipated to witness high growth owing to increasing demand for analytics of things. The U. S. and Canada are spending large amount on R & D for new innovation in technology. This trend is followed by Europe, owing to high demand for advance technology which positively impacts the global market growth. Asia Pacific holds the largest market share in the global analytics of things market owing to tremendous demand for analytics of things in this region. This growth in massive data is mainly due to rise in the number of channels such as mobile computing, IoT, and social media. China, India and Japan are major upcoming and developing economies. People in these regions use social media and Internet; this is anticipated to fuel the market in future.
Global Analytics of Things Market: Competitive Players
Some of the key players dominating the global analytics of things market are AGT International, Capgemini, Microsoft Corporation, Intel Corporation, and IBM Corporation. Other key players in the global market are TIBCO Software, Cisco Systems, Google, Inc., and Accenture. Many companies have acquired policy of merger and acquisition to enhance their market place. For instance, Cisco Company acquired IoT Analytics Company. Cisco developed ParStream database mainly for Internet of Things environment.