The latest study released on the Global IoT in Manufacturing Market by AMA Research evaluates market size, trend, and forecast to 2027. The IoT in Manufacturing market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
Cisco Systems (United States), PTC (United States), General Electric (United States), IBM (United States), SAP (Germany), Zebra Technologies (United States), Bosch (Germany), Schneider Electric (France), Siemens (Germany), Huawei (China), Microsoft (United States), Wind River (United States)
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Definition:
Internet of Things (IoT) has combined hardware and software with the Internet to form a more technically-driven environment. IoT in manufacturing supports the monitoring of production lines initial from the refining process to the packaging of final products. The manufacturers are widely using tracked analytics data using various connected devices to analyze procedures and recognize optimization potentials. The use of IoT in manufacturing equipment has enabled to have condition-based maintenance alerts. The IoT enabled machinery are able to transmit the operational information to the partners like OEMs and to field engineers. This offers the advantage of process automation and optimization.
Market Trends:
Increasing Adoption of the Cloud
Convergence in Operational Technology and Information Technology
Market Drivers:
Rising Need for Centralized Monitoring and Predictive Maintenance of the Manufacturing Infrastructure
Improving the Manufacturing Sector in Emerging Countries such as China and India
Market Opportunities:
Expanding Demand for Intelligent Connected Devices
Growing Need for Operational Efficiency and Agile Production
The Global IoT in Manufacturing Market segments and Market Data Break Down are illuminated below:
by Type (Network Management, Data Management, Device Management, Application Management, Smart Surveillance), Application (Predictive Maintenance, Business Process Optimization, Asset Tracking and Management, Logistics and Supply Chain Management, Real-Time Workforce Tracking and Management, Automation Control and Management, Emergency and Incident Management, Business Communication), Services (Managed Services, Professional Services), Industry Vertical (Automotive, Energy and Utilities, Food and Beverages, Aerospace and Defense, Chemicals and Materials, Healthcare, Others), Platforms (Device Management Platform, Application Management Platform, Connectivity Management Platform)
Global IoT in Manufacturing market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
Objectives of the Report
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Major highlights from Table of Contents:
IoT in Manufacturing Market Study Coverage:
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Key questions answered
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