A network of networks in which a large number of devices, objects and sensors are connected to provide value-added services, is what defines IoT. With the advent of IoT and the technologies that emerged, such as connected devices and the way they communicate, it hosts a large amount of data that must be managed. IoT allows virtualization of the physical world through the interconnection of sensors, smart devices and machines. It covers simple labels that transmit location and identity, devices with sensors and ability to communicate results, interconnection of networks to distribute that data and infrastructure to store and present data.
Global internet of things (IoT) data management market is about to grow at a thriving CAGR of +19.3% throughout the forecast amount of 2018 to 2023 and is predicted to price an approximate US$ +66.44 billion by the end of 2023.
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Top Key Players:
PTC, Teradata Corporation, Dell Technologies, Cisco Systems, SAS Institute, Hewlett Packard Enterprise Company, Oracle Corporation, Fujitsu Limited, SAP SE, Google, and Logmein
Geographically, the report discovers the potential of the global Internet of Things (IoT) Data Management Market in the regions of North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Additionally, the countries producing high revenue in these regions have also been scrutinized along with comprehensive exposure of expansions and inventions in these countries. This report has been aggregated with different market segments, such as applications, end users and revenue. It focuses on the analysis of existing market and upcoming innovations, to provide better insights for the businesses.
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Market segment by Type: Data Integration, Data Analytics and Visualization, Metadata Management, Data Security
Market segment by Application: Smart Energy and Utilities, Smart Manufacturing, Building and Home Automation, Smart Healthcare, Smart Retail, Smart Mobility and Transportation, Connected Logistics, and Others
It is aggregated on the basis of different facts and figures of Internet of Things (IoT) Data Management Market sector and those are represented by using effective graphical representation techniques. It focuses on the beneficial opportunities of growth, which promotes a way of turning a business idea into the venture. The study includes a detailed scrutiny of the influence of various influences estimated critical for the overall progress of the market in the current situation as well as the report’s forecast period. The numerical measuring report is an incorporation of data collected through a change of industry-standard primary and secondary research efforts.
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