IoT in Manufacturing Market Share, Size and Forecast By 2023

1. IoT in Manufacturing Market

2. IoT in Manufacturing Market Analyst Review The IoT in manufacturing global market is in its growth phase, and is expected to witness average growth rate of 13.1% during the forecast period, due to technological advancements and various machine-to-machine communication and cloud computing initiatives Rachita RakeResearch Analyst Allied Market Research

3. CURRENT AND FUTURE SCENARIO OF MARKET • IoT in manufacturing market size was valued at $424 billion in 2016 and is expected to reach $994 billion by 2023. • The global IoT in manufacturing market growing at a CAGR of 21.8% from 2018 to 2025. • The report includes in-depth analysis of segmentation and sub-segmentation of the IoT in manufacturing market. • Based on component, the market is bifurcated into software and services, of which, IoT services has made remarkable growth in the recent years. • Based on application, the market is divided into predictive maintenance, asset performance management, quality management, cognitive process & operations management, and supply chain management.

4. TOP IMPACTING FACTORS TO MARKET GROWTH The research offers an in-depth study of the overall market size, sales, and forecast of the market trends. It analyzes the scope of the market, regional analysis, key segments, revenue comparisons, and company profiles. The report is an essential source of information for stakeholders, business analysts, and entry-level organizations to understand the market growth. The recent developments in technology and deployment of IoT technologies such as virtual reality and augmented reality have boosted the growth of the IoT in manufacturing market. Moreover, increased number of internet users, reduced costs of powerful controller & sensors, and rise in the government funding to develop new IoT-based applications supplemented the growth of the IoT in manufacturing market. The rapid growth in communication & technology and bandwidth & connectivity drives the IoT in manufacturing market. The rise in smartphone usage in the developing countries in the Asia-Pacific regions will create lucrative opportunities in the near future. According to the report, the market has shown an inclination toward cognitive process & operations management, which in turn boosted its CAGR of 16.9% in the period of 2017 2023. The report includes the detailed analysis of the market with respect to regions such as North America, Europe, Asia-Pacific, and LAMEA.

5. IoT in Manufacturing Market Segmentation • By Application • Predictive Maintenance • Asset Performance Management • Quality Management • Cognitive Process & Operations Management • Supply Chain Management • Others • By Component • Software • Services

6. IoT in Manufacturing Market Segmentation The report compares the revenue generated in each region to understand the region-wise growth of the market. The countries showed the inclination toward IoT, which boosted the IoT in manufacturing market by a CAGR of 14.1%. Get PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/2483

7. Based on component, the market is bifurcated into software and services, of which, IoT services has made remarkable growth in the recent years. Based on application, the market is divided into predictive maintenance, asset performance management, quality management, cognitive process & operations management, and supply chain management.

8. GEOGRAPHICAL OVERVIEW • Based on region, global keystroke dynamics market analyzed across North America, Europe, Asia-Pacific, and LAMEA. • North America generated the highest revenue in the global IoT in manufacturing market in 2016 • Asia-Pacific is expected to grow at the highest CAGR, due to rise in ICT expenditure in South Korea, Australia, Japan, and Singapore. Press Release: https://www.alliedmarketresearch.com/press-release/IoT-in-manufacturing-market.html

9. DOMINATING MARKET PLAYERS PROFILED IN THE STUDY • Cisco Systems Inc. • Hitachi Ltd. • IBM Corporation • Microsoft Corporation • PTC Inc. • Robert Bosch GmbH • SAP SE • Software AG • Texas Instruments • Zebra Technologies

10. A Report Titled “IoT in Manufacturing Market Global Opportunity Analysis and Industry Forecast, 2017 - 2023” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About IoT in Manufacturing Market Global Opportunity Analysis and Industry Forecast, 2017 - 2023 https://www.alliedmarketresearch.com/IoT-in-manufacturing-market Inquiry more about this report: https://www.alliedmarketresearch.com/purchase-enquiry/2483 Follow Allied Market Research

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