IoT in Manufacturing industry valued approximately USD 10.11 billion in 2016, growing at a CAGR of 30.26% | Microsoft Corp., PTC Inc., Siemens AG, IBM Corp., Zebra Technologies, Bosch Software Innovations GmbH, Cisco Systems Inc.

Global IoT in Manufacturing Market industry valued approximately USD 10.11 billion in 2016 is anticipated to grow with a healthy growth rate of more than 30.26% over the forecast period 2017-2025. The major factors driving the growth are rising need for predictive maintenance, the introduction of intelligent machine applications, and escalating regulatory compliances.

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The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.

Some of the key manufacturers involved in the market are Microsoft Corp., PTC Inc., Siemens AG, IBM Corp., Zebra Technologies, Bosch Software Innovations GmbH, Cisco Systems Inc., and Huawei. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. Investment in research and development, new product launches and focuses on continuous technology innovations are also strategies adopted by the major players.

The detailed segments and sub-segment of the market are explained below:

Solution:
– Network Management
– Data Management
– Device Management
– Application Management
– Smart Surveillance

Service:
– Professional Services
– Managed Services

Application:
– Business Process Optimization (BPO)
– Predictive Maintenance
– Workforce Management
– Supply Chain Management
– Others

Vertical:
– Automotive
– Aerospace & Defense
– Chemicals & Material
– Energy & Utilities
– Healthcare
– Food & Beverages

Regions:
– North America
– U.S.
– Canada
– Europe
– UK
– Germany
– Asia Pacific
– China
– India
– Japan
– Latin America
– Brazil
– Mexico
– Rest of the World

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Posted by on Monday August 19 2019, 7:45 AM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Featured Press Release, Manufacturing, Manufacturing & Construction, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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