Global Internet of Things (IoT) Manufacturing Market
Global Internet of Things (IoT) Manufacturing Market is expected to reach up to US$ Bn at CAGR of around 13% during forecast period.
Global Internet of Things (IoT) in Manufacturing Market is segmented by service, application, vertical, geography. On the basis of service, the market is divided by Managed Services, Professional Services, Infrastructure Services, System Designing and Integration Services, Support and Maintenance Services, Training Services. Based on the application market is segmented into Predictive Maintenance, Business Process Optimization, Logistics and Supply Chain Management, Real-Time Workforce Tracking and Management, Automation Control and Management, Emergency and Incident Management.
According to the vertical market is divided into Energy and Utilities, Automotive, Food and Beverage, Aerospace and Defence, Chemicals and Materials, High-Tech Products, Healthcare, Others. Geographically market is spread by North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa.
Global Internet of Things (IoT) in Manufacturing Market is one of the rapidly progressing sector accounting for the maximum share in the global IoT spending. Network control and management of manufacturing equipment, asset and situation management bring the IoT within the realm of industrial applications and smart manufacturing as well. The IoT intelligent systems enable rapid manufacturing of new products, active response to product demands, and real-time optimization of manufacturing production and supply chain networks, by networking machinery, sensors and control systems together. In short, IoT enhances the quality and quantity of manufacturing industry.
Global IoT manufacturing market is dominating by North America, as it has powerful economies like the US, Canada etc. which are investing money in R & D (research and development dept.) related to smart manufacturing. Early adoption of technologies to enhance quality and productivity fuels the IOT manufacturing market in North America. Asia Pacific region is estimated to grow at highest CAGR during the forecasted period.
Key players operated in market include Microsoft, SAP, Bosch, IBM, Cisco Systems, General Electric (US), Huawei (China), Konux, Litmus Automation, Schneider Electric, Wind River, PTC, Zebra Technologies, Siemens, Clearblade, Mocana, Impinj, Uptake, PalleTech, ELMODIS, Water.IO, SensEye, ARCSTONE, SupraControl, New Icon.
The Scope of Global Internet of Things (IoT) Manufacturing Market:
Global Internet of Things (IoT) Manufacturing Market, by Service:
• Managed Services
• Professional Services
• Infrastructure Services
• System Designing and Integration Services
• Support and Maintenance Services
• Training Services
Global Internet of Things (IoT) Manufacturing Market, by Application:
• Predictive Maintenance
• Business Process Optimization
• Logistics and Supply Chain Management
• Real-Time Workforce Tracking and Management
• Automation Control and Management
• Emergency and Incident Management
Global Internet of Things (IoT) Manufacturing Market, by Vertical:
• Energy and Utilities
• Food and Beverage
• Aerospace and Defence
• Chemicals and Materials
• High-Tech Products
Global Internet of Things (IoT) Manufacturing Market, Region:
• North America
• Latin America
• Middle East & Africa
Key Players Operated in Global Internet of Things (IoT) Manufacturing Market:
• Cisco Systems
• General Electric (US)
• Huawei (China)
• Litmus Automation
• Schneider Electric
• Wind River
• Zebra Technologies
• New Icon
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