Connected Device Analytics Market Share, Growth Prospects and Key Opportunities by 2025
According to a research report " Connected Device Analytics Market Growth by Component, Deployment Mode, Organization Size, Application (Security and Emergency Management, and Sales and Customer Management), Industry Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets, the global connected device analytics market size to grow from USD 14.3 billion in 2020 to USD 40.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 23.0% during the forecast period. The major factors fueling the market growth include the such as the increasing focus on remote monitoring in support of the work from home initiative, the growing adoption of smart payment technologies, and the rising business need to build digital infrastructure for large-scale deployments are expected to drive the adoption of connected device analytics market solutions and services. The connected device analytics market is expected to witness a slowdown in 2020 due to the glo...