The “IoT in Manufacturing Market by Software (Network & Application Security, Network Bandwidth, Remote Monitoring, Data Management, & Smart Surveillance), Platform, Service, Application, Vertical Markets, and Region – Global Forecast to 2021” report has been added to Research and Markets’ offering.
The IoT in Manufacturing market size to grow from USD 6.17 Billion in 2016 to USD 20.59 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 27.2%.
The report includes in-depth competitive analysis of these key players in the IoT in manufacturing market, with their company profiles, SWOT analysis, recent developments, and key market strategies. The research report segments the IoT in manufacturing market by platform, software, services, application, vertical markets, and region.
North America is expected to hold the largest market share and would dominate the IoT in manufacturing market from 2016 to 2021. This region has the major dominance with sustainable and well-established economies, empowering them to strongly invest in research and development activities, thereby contributing to the development of new technologies such as IoT, big data, DevOps, and mobility. Further, the advent of small and medium enterprises and start-up culture in North America is growing at a faster pace as compared to other regions.
Asia-pacific (APAC) has witnessed advanced and dynamic adoption of new technologies and has always been a lucrative market. It is estimated to grow at the highest CAGR during the forecast period in the IoT in manufacturing market, which can be attributed to various initiatives taken by countries such as China, Australia, Japan, India, and Singapore.
Market Trends
Drivers
– Growing Need for Centralized Monitoring and Predictive Maintenance of Manufacturing Infrastructure
– 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
– Advent of Intelligent Machine Applications
Restraints
– Lack of Standards for Interconnectivity and Interoperability
– Data Security and Privacy Concerns
– Shadow IT Risk
Opportunities
– Autonomous Outcome and Pull Economy
– Content Maturity Model
– Shared Security Model
Challenges
– Data Migration from Legacy Systems to New Systems
– Conflicts Regarding Ownership of Data
– Inconsistent Business Semantics
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Iot in Manufacturing Market Analysis, By Component
8 Global IoT in Manufacturing Market Analysis, By Software
9 Global IoT in Manufacturing Market Analysis, By Platform
10 Global IoT in Manufacturing Market Analysis, By Service
11 Global IoT in Manufacturing Market Analysis, By Application
12 Global IoT in Manufacturing Market Analysis, By Vertical Market
13 Geographic Analysis
14 Competitive Landscape
15 Company Profiles
– PTC Incorporation
– Cisco Systems, Inc.
– General Electric
– IBM Corporation
– SAP SE
– Zebra Technologies
– Rockwell Automation
– Siemens AG
– Huawei
– Microsoft Corporation
– Bosch Software Innovations GmbH
16 Key Innovators
– Clearblade Inc.
– Konux
– Mocana
– IMPINJ
– Litmus Automation
– Uptake
For more information about this report visit https://www.researchandmarkets.com/research/vd3m3b/20_6_billion?w=3