| Product Code: ETC4397125 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
With the proliferation of IoT devices, the connected device analytics market in India has witnessed significant growth. These analytics solutions help organizations collect, process, and analyze data generated by connected devices. This data is valuable for improving operational efficiency, predicting maintenance needs, and creating innovative products and services.
The India Connected Device Analytics market is experiencing substantial growth driven by various factors. Firstly, the proliferation of IoT (Internet of Things) devices across industries, including manufacturing, healthcare, transportation, and smart cities, has generated an enormous amount of data. Organizations are increasingly realizing the potential of connected device analytics to extract valuable insights from this data, enhance operations, and improve decision-making. Secondly, the need for predictive maintenance in industries such as manufacturing and energy has led to the adoption of connected device analytics to monitor equipment and prevent breakdowns. Thirdly, the increasing importance of real-time data analysis in various applications, such as remote patient monitoring in healthcare and smart infrastructure management in cities, has led to the growth of connected device analytics. Furthermore, the government`s initiatives to promote `Make in India` and `Smart Cities` have driven the adoption of IoT and connected devices, further fueling the demand for analytics solutions. As IoT adoption continues to grow, the India Connected Device Analytics market is poised for significant expansion.
Challenges in the Connected Device Analytics market include handling vast amounts of data generated by IoT devices, ensuring data quality, and managing the security of connected devices. Scalability and interoperability are also important issues.
The COVID-19 pandemic emphasized the importance of connected device analytics in India. With the increasing use of IoT devices in healthcare, manufacturing, and other industries, businesses needed to monitor and analyze data from these devices in real time. Connected device analytics played a critical role in predictive maintenance, remote monitoring, and improving operational efficiency. As the adoption of IoT devices continues to grow, the India connected device analytics market is expected to remain relevant, with a focus on harnessing the power of IoT data.
In the India Connected Device Analytics market, key players have been at the forefront of providing analytics solutions to extract insights from the growing ecosystem of connected devices. Notable companies such as SAS Institute Inc., Splunk Inc., IBM Corporation, and Microsoft Corporation have demonstrated their expertise in harnessing data generated by IoT devices. Their solutions enable organizations in India to derive valuable information from the interconnected world of devices, optimizing operations, and driving innovation in various industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Connected Device Analytics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Connected Device Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 India Connected Device Analytics Market - Industry Life Cycle |
3.4 India Connected Device Analytics Market - Porter's Five Forces |
3.5 India Connected Device Analytics Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.6 India Connected Device Analytics Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 India Connected Device Analytics Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.8 India Connected Device Analytics Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
3.9 India Connected Device Analytics Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 India Connected Device Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT devices in various industries |
4.2.2 Growing demand for real-time data analytics and insights |
4.2.3 Government initiatives promoting digital transformation and smart city projects |
4.3 Market Restraints |
4.3.1 Data privacy and security concerns hindering widespread adoption |
4.3.2 Lack of skilled professionals in the field of data analytics |
4.3.3 High initial investment and maintenance costs for implementing connected device analytics solutions |
5 India Connected Device Analytics Market Trends |
6 India Connected Device Analytics Market, By Types |
6.1 India Connected Device Analytics Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Connected Device Analytics Market Revenues & Volume, By Application , 2021-2031F |
6.1.3 India Connected Device Analytics Market Revenues & Volume, By Security and Emergency Management, 2021-2031F |
6.1.4 India Connected Device Analytics Market Revenues & Volume, By Sales and Customer Management, 2021-2031F |
6.1.5 India Connected Device Analytics Market Revenues & Volume, By Remote Monitoring, 2021-2031F |
6.1.6 India Connected Device Analytics Market Revenues & Volume, By Predictive Maintenance and Asset Management, 2021-2031F |
6.1.7 India Connected Device Analytics Market Revenues & Volume, By Inventory Management, 2021-2031F |
6.1.8 India Connected Device Analytics Market Revenues & Volume, By Energy Management, 2021-2031F |
6.1.9 India Connected Device Analytics Market Revenues & Volume, By Others , 2021-2031F |
6.1.10 India Connected Device Analytics Market Revenues & Volume, By Others , 2021-2031F |
6.2 India Connected Device Analytics Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 India Connected Device Analytics Market Revenues & Volume, By Solutions, 2021-2031F |
6.2.3 India Connected Device Analytics Market Revenues & Volume, By Services, 2021-2031F |
6.3 India Connected Device Analytics Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 India Connected Device Analytics Market Revenues & Volume, By Cloud, 2021-2031F |
6.3.3 India Connected Device Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
6.4 India Connected Device Analytics Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 India Connected Device Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.3 India Connected Device Analytics Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.4.4 India Connected Device Analytics Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.4.5 India Connected Device Analytics Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.4.6 India Connected Device Analytics Market Revenues & Volume, By BFSI, 2021-2031F |
6.4.7 India Connected Device Analytics Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.4.8 India Connected Device Analytics Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 India Connected Device Analytics Market Revenues & Volume, By Others, 2021-2031F |
6.5 India Connected Device Analytics Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 India Connected Device Analytics Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.5.3 India Connected Device Analytics Market Revenues & Volume, By Small and Medium-sized Enterprises (SMEs), 2021-2031F |
7 India Connected Device Analytics Market Import-Export Trade Statistics |
7.1 India Connected Device Analytics Market Export to Major Countries |
7.2 India Connected Device Analytics Market Imports from Major Countries |
8 India Connected Device Analytics Market Key Performance Indicators |
8.1 Average number of connected devices per capita in India |
8.2 Percentage increase in IoT device shipments annually |
8.3 Rate of adoption of advanced analytics tools by businesses in India |
8.4 Number of IoT-related patents filed by Indian companies |
8.5 Growth in the number of analytics training programs and certifications offered in India |
9 India Connected Device Analytics Market - Opportunity Assessment |
9.1 India Connected Device Analytics Market Opportunity Assessment, By Application , 2021 & 2031F |
9.2 India Connected Device Analytics Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 India Connected Device Analytics Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
9.4 India Connected Device Analytics Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
9.5 India Connected Device Analytics Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 India Connected Device Analytics Market - Competitive Landscape |
10.1 India Connected Device Analytics Market Revenue Share, By Companies, 2024 |
10.2 India Connected Device Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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