Internet Of Things Analytics Market 2030: Transforming Industries with Predictive Insights
Internet Of Things Analytics Market Growth & Trends The global Internet of Things analytics market size is expected to reach USD 136.14 billion by 2030, according to a study conducted by Grand View Research, Inc., registering a CAGR of 24.8% from 2024 to 2030. Soaring need for advanced technologies and cost-effectiveness is augmenting the adoption of analytics of things. IoT analytics allow users to get just-in-time information. Generation of useful data has become easy due to high-tech sensor collaborations. Extracted data can be used by enterprises for making better real-time decisions. Ease of deployment and reduced costs of components are further escalating the adoption of analytics of things. Internet of things (IoT) analytics is used for various applications such as building automation, infrastructure management, and security management. It also facilitates analysis of massive amounts of data generated by IoT. It helps in connecting, managing, transforming, aggre...