The Global IoT in Manufacturing Market report provides explanation about market trends, future prospects, market restraints, leading market drivers, market segments, key developments, key players in the market, and competitor strategies. This market report is very consistent as all the data and information regarding the ABC industry is derived via authentic sources such as websites, journals, annual reports of the companies, and magazines. Data and information included in this report aids businesses take superior decisions and improve return on investment (ROI). CAGR values mentioned in the Global IoT in Manufacturing Market Report gives evaluations about the rise or fall of the product demand in the forecasted time period.
The global IoT in manufacturing market accounted for USD 6.23 billion in 2016 growing at a CAGR of 28.01% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic year 2017, 2018, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Market Segmentation: Global IoT in Manufacturing Market
Global IoT In Manufacturing Market, By Geography; Software (Network & Application Security, Network Bandwidth Management, Remote Monitoring System, Data Management, Smart Surveillance); Platform (Device Management, Application Management, Connectivity Management); Service (Professional Services, Managed Services); Application; Vertical – Industry Trends and Forecast to 2024
Major Market Competitors:
Some of the major players of the global IoT in manufacturing market are ABB, Cisco Systems, Inc., General Electric, Huawei Technologies Co. Ltd, IBM, Microsoft Corporation, PTC, Rockwell Automation, Inc., SAP SE, Siemens AG, Zebra Technologies, and others.
IoT is changing the business models, increasing output across a number of industries. But this technology has greatly impacted over manufacturing market. Manufacturing market is utilizing the IoT devices in order to improve overall productivity and efficiency. It is widely applicable in automotive manufacturing, industrial equipment manufacturing, electronics and communication equipment manufacturing, chemicals and materials equipment manufacturing, food and agriculture equipment manufacturing. Growing need for agile production, efficiency, and control may act as the major driver in the growth of IoT in manufacturing market. On the other side, data security and privacy concerns may hamper the market.
Table of Content:
01: Executive Summary
02: Scope of The Report
03: Market Landscape
04: Market Sizing
05: Market Segmentation by Product
06: Five Forces Analysis
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis
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Major Market Drivers & Restraints:
- Demand-driven supply chain and connected logistics
- Need for agile production, operational efficiency, and control
- Advent of advanced data analytics and data processing
- Increase in regulatory compliances
- Lack of standards for interconnectivity and interoperability
- Data security and privacy concerns
- Shadow IT risk
Company Share Analysis: Global IoT in Manufacturing Market
The report for global IoT in manufacturing market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Major Points in the Report
- To get a comprehensive overview of the Global IoT in Manufacturing Market.
- To gain information about the top players in this industry, their product portfolios, and their key strategies.
- To gain insights about the major regional insights in which the Global IoT in Manufacturing Market is flourishing.
- Recent industry trends and developments
- Potential and niche segments/regions exhibiting promising growth
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