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

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Porter’s Five Forces Analysis

Competition between suppliers is high. Vendors find it difficult to exit the IoT data management market due to high exit barriers. Significant capital and high fixed costs are required to build and operate IoT data management companies. These factors increase the rivalry between sellers. In addition, buyers bear moderate costs when switching suppliers. The market is growing at a significant rate and providing equal opportunities for sellers. These two factors stabilize the rivalry in the market. Therefore, the threat of rivalry was moderate in 2021, and it is expected to remain the same during the forecast period.

Supplier Landscape

The IoT data management market is becoming very competitive. The market is fragmented, and vendors are deploying organic and inorganic growth strategies to compete in the market. Some of the major 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 has been segmented by deployment into private/hybrid and public. Among these, the private/hybrid segment will represent the strongest growth in the market.

By geography, the market has been segmented into North America, EuropeACPA, South Americaand the Middle East and Africa. North America will have the highest market growth during the forecast period. This growth is attributed to factors such as the strong presence and penetration of major vendors such as Microsoft Corp. and Oracle Corp.

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Key drivers and trends

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

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

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IoT Data Management Market Scope

Report cover

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth momentum and CAGR

Decelerating at a CAGR of 13.68%

Market Growth 2022-2026

$94.79 billion

Market structure

Fragmented

Annual growth (%)

6:50 p.m.

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 35%

Main consumer countries

US, UK, China, Germany and Japan

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

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

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, and Status Analysis market for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

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Contents

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: forecast for 2021 – 2026

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by deployment

  • Market segments
  • Comparison by deployment
  • Private/Hybrid – Market size and forecast 2021-2026
  • Audience – Market size and forecast 2021-2026
  • Market Opportunity by Deployment

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic 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
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • 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.

Annex

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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