Real-Time Analytics and the Internet of Things
The emergence of Real-Time Analytics represents a large and rapidly growing opportunity for a wide range of incumbent and emerging ecosystem players and IoT use cases in particular. Real-Time Analytics has become a necessity as the digital transformation has disrupted the traditional business model. As businesses seek to begin utilizing the seemingly infinite universe of data provided by the IoT, they require robust technological solutions that will allow them to scale and customize Real-Time data to generate actionable intelligence. As a result, the market for Real-Time Analytics is estimated to grow at a 34.8% 5-year CAGR from $3.1 Billion in 2016 to $13.7 Billion by 2021. This report takes a closer look into the market as well as companies in the ecosystem, M&A and private placement activity.