MARKET INTRODUCTION

The increasing popularity of intelligent technologies and automated is leading to reduced environmental impact and high production efficiency, driving the IoT in the manufacturing market. The application of smart process and production and management techniques in various production facilities boost productivity. These parameters help manufacturers to develop products at superior speed and low costs, leading to investments in more capable tasks. The IoT in manufacturing technologies let manufacturers get insights into consumer preferences and develop products accordingly. Enhanced customer service, worker safety, and competitive advantages are convincing global manufacturers to implement IoT technologies, creating a high demand.

MARKET DYNAMICS

The increase in the need for centralized monitoring and predictive maintenance of the manufacturing infrastructure are some of the significant factors driving the growth of the IoT in the manufacturing market. Furthermore, the introduction of intelligent machine applications and the increasing demand for agile production and operational efficiency are expected to support the growth of the IoT in the manufacturing market. Additionally, the rise in regulatory compliances around the world is anticipated to propel the IoT in the manufacturing market.

MARKET SCOPE

The "Global IoT in Manufacturing Market Analysis to 2028" is a specialized and in-depth study of the IoT in manufacturing market with a special focus on the global market trend analysis. The report aims to provide an overview of IoT in manufacturing market with detailed market segmentation by service, application, end user. The global IoT in manufacturing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IoT in manufacturing market players and offers key trends and opportunities in the IoT in manufacturing market.

MARKET SEGMENTATION

The global IoT in manufacturing market is segmented on the basis of service, application, end user. On the basis of service, the market is segmented as professional services, system integration and deployment services, managed services. On the basis of application, the market is segmented as asset tracking, control room consolidation, predictive maintenance, autonomous robots, augmented reality, others. On the basis of end user, the market is segmented as automotive, food and beverages, chemical, electronics and communication, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT in manufacturing market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT in manufacturing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting IoT in manufacturing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the IoT in manufacturing market in these regions.

MARKET PLAYERS

The reports cover key developments in the IoT in manufacturing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from IoT in manufacturing market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT in manufacturing market. Below mentioned is the list of few companies engaged in the IoT in manufacturing market.

The report also includes the profiles of key IoT in manufacturing market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Cisco Systems, Inc.
- General Electric Company
- IBM Corp.
- Intel Corporation
- Huawei Technologies Co., Ltd.
- Microsoft Corporation
- PTC Corporation
- SAP SE
- Siemens AG
- Zebra Technologies.

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.