Overview of IoT in Manufacturing Market
According to a new report titled, “IoT in Manufacturing Market by Component and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023,” the global IoT in manufacturing market was valued at $424 billion in 2016, and is projected to reach $994 billion by 2023, growing at a CAGR of 13.1% from 2017 to 2023. The predictive maintenance segment is anticipated to witness the highest growth rate during the forecast period.
Download Sample Copy of this Report @ https://www.reportsweb.com/inquiry&RW00012659441/sample
North America was the highest revenue contributor to the global IoT in manufacturing market in 2016, owing to deployment of advanced IoT technologies such as Industry 4.0, virtual reality, and augmented reality. In addition, the enhanced internet penetration, decreased cost of powerful sensors & controllers, rapid growth in communication & technology and bandwidth & connectivity, and rise in expenditure by government in the several developed and the developing regions, including North America, Europe, and Asia Pacific, drive the IoT in manufacturing market growth. However, Asia-Pacific is anticipated to witness a significant growth rate, due to increase in number of IoT connected devices; rise in smartphone penetration; convergence of technologies including analytics, cloud, and big data; and exponential social media adoption.
The Major players reported in the market include:
The key players profiled in the global IoT in manufacturing market are Cisco Systems Inc., Hitachi Ltd., IBM Corporation, Microsoft Corporation, PTC Inc., Robert Bosch GmbH, SAP SE, Software AG, Texas Instruments, and Zebra Technologies.
The study provides an in-depth analysis of the IoT in Manufacturing market along with current and future trends to elucidate the imminent investment pockets.
The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.
Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.
The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.
The quantitative analysis of the market during the period of 2017-2023 is provided to elaborate the market potential.
Get Best Discount on this report @
KEY MARKET SEGMENTS:
Asset Performance Management
Cognitive Process & Operations Management
Supply Chain Management
Central & South America
Middle East and Africa
Key findings of the IoT in Manufacturing Market:
The services segment accounted for the highest share in the global IoT in manufacturing industry in 2016, growing at a CAGR of 13.8% from 2017 to 2023.
The predictive maintenance segment in the IoT in manufacturing market is projected to witness the highest growth rate of 17.6%.
North America IoT in manufacturing market generated the highest share of $148 billion, in terms of revenue, in 2016.
TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 WORLD IOT IN MANUFACTURING MARKET, BY END USER
CHAPTER 5 WORLD IOT IN MANUFACTURING MARKET, BY APPLICATION
CHAPTER 6 WORLD IOT IN MANUFACTURING MARKET, BY GEOGRAPHY
CHAPTER 7 COMPANY PROFILES
Purchase a copy of this report @
ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.
Name: Sameer Joshi
Email: [email protected]