IoT Data Management Market: USD 94.79 Billion Growth from 2021 to 2026, Strong Vendor Competition

IoT Data Management Market: USD 94.79 Billion Growth from 2021 to 2026, Strong Vendor Competition

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Porter’s Five Forces Analysis

Competition between suppliers is high. Vendors are finding it challenging to exit the IoT data management market due to high barriers to exit. Significant capital and high fixed costs are required to establish and operate IoT data management companies. These factors increase rivalry between suppliers. In addition, buyers incur moderate costs while switching between suppliers. The market is growing at a significant pace and offers a level playing field to suppliers. These two factors stabilize the rivalry in the market. Hence the threat of rivalry was moderately in 2021 and is expected to remain the same during the forecast period.

Supplier landscape

The IoT data management market is becoming highly competitive. The market is fragmented, and suppliers are implementing organic and inorganic growth strategies to compete in the market. Some of the key vendors operating in the market include Alphabet Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd. and Hewlett Packard Enterprise Co.

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Market segmentation

The IoT data management market is segmented by implementation into private/hybrid and public. Among those, the private/hybrid the segment will report the highest market growth.

By geography, the market is segmented into North America, EuropeAPAC, South Americaand Middle East and Africa. North America will have the highest market growth during the forecast period. This growth is due to factors such as the strong presence and entry of leading vendors such as Microsoft Corp. and Oracle Corp.

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Key drivers and trends

The growth in industrial automation will drive the growth of the IoT data management market during the forecast period. Industry 4.0 defines the life cycle of products in which production processes are carried out by intelligent machines themselves. In addition, intelligent robots coordinate with humans to assemble products, and driverless transport vehicles manage logistics independently. The integration of cyber systems and physical systems in industrial manufacturing industries leads to higher efficiency, greater safety, predictable machine maintenance and increased profitability. Therefore, industries around the world are implementing Industry 4.0 to optimize material flow and detect errors in the early stages of the product life cycle.

Apart from the growth in industrial automation, many other drivers and trends are also shaping the future of the market. View a FREE PDF sample report to learn about these trends

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IoT Data Management Market Scope

Report coverage

Details

Page number

120

Base year

2021

Estimated period

2022-2026

Growth momentum and CAGR

Slowing down at a CAGR of 13.68%

Market Growth 2022-2026

$94.79 billion

Market structure

Torn apart

Year-on-year growth (%)

18.50 hours

Regional analysis

North America, Europe, APAC, South America and MEA

Effective market contribution

North America with 35%

Key user countries

USA, UK, China, Germany and Japan

The competitive environment

Leading companies, Competitive strategies, Scope of consumer engagement

Key companies profiled

Alphabet Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Oracle Corp., PTC Inc., SAS Institute Inc. and Teradata Corp.

Market dynamics

Major market analysis, market growth drivers and restraints, fast and slow growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics and market status analysis for the forecast period.

Range of customization

If our report doesn’t include the data you’re looking for, you can contact our analysts and get custom segments.

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Content

Executive summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Sizing the market

  • Market definition
  • Market segment analysis
  • Market Size 2021
  • Market Outlook: Forecast 2021 – 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Implementation

  • Market segments
  • Comparison by implementation
  • Private/Hybrid – Market Size and Forecast 2021-2026
  • Public – Market Size and Forecast 2021-2026
  • Market opportunity through implementation

Customer landscape

Geographical landscape

  • Geographic segmentation
  • Geographical comparison
  • North America – Market Size and Forecast 2021-2026
  • Europe – Market Size and Forecast 2021-2026
  • APAC – Market Size and Forecast 2021-2026
  • South America – Market Size and Forecast 2021-2026
  • MEA – Market Size and Forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market engines
  • Market challenges
  • Market trends

Supplier landscape

  • Seller landscape
  • Disruption of the landscape

Supplier Analysis

  • Covered Providers
  • Market positioning of suppliers
  • Alphabet Inc.
  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • Fujitsu Ltd.
  • Hewlett Packard Enterprise Co.
  • International Business Machines Corp.
  • Oracle Corp.
  • PTC Inc.
  • SAS Institute Inc.
  • Teradata Corp.

Application

  • Scope of the report
  • Exchange rates for US dollars
  • Research methodology
  • List of abbreviations

About us

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 dedicated analysts, Technavio’s report library consists of more than 17,000 reports and growing, covering 800 technologies spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

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