Pune, India -- (SBWIRE) -- 02/04/2019 -- Latest Market Report on Global Internet of Things (IoT) Market in Manufacturing - Segmented by Software,Connectivity, Services, Application (Process Optimization, Predictive Maintenance, Asset Management) and Region - Growth, Trends and Forecasts (2018 - 2023)
The Internet of Things (IoT) Market Report contains in depth information of major Manufacturers, opportunities, challenges, industry trends and their impact on the market till the forecast year 2023. This Report provides data about the company and its operations. It also provides information on the Pricing Strategy, Brand Strategy, Target Client, Distributors/Traders List offered by the company.
The Global Internet Of Things (Iot) market in manufacturing was valued at USD 165.27 billion in 2017, and is expected to reach USD 350.51 by 2023, witnessing a CAGR of 13.15% during the forecast period of 2018-2023. The scope of the report includes the spending on IoT hardware, software, and services, by the manufacturing industry.
The Internet of Things (IoT) market is expected to grow at a CAGR of 13.15% during the forecast period of 2018-2023.
Key Developments in the Market:
- Oct 2017 - VMware and SAP collaborated to accelerate IoT adoption in enterprises. This collaboration aims to provide support for implementation and management of IoT use-cases across infrastructure, edge, cloud, devices, and application domains.
- May 2017 - Cisco, in collaboration with Microsoft Azure, launched an IoT platform that includes tools that helps in managing connections.
- Apr 2017 - Huawei and GE collaborated to introduce industrial cloud-based predictive maintenance solutions that reduce unplanned asset downtime and enhance product and service innovations.
- Apr 2017 - IBM launched IBM Watson IoT solution, a cognitive visual inspection that provides manufacturers with cognitive assistant on the factory floor, which minimizes defects and increases quality of the products.
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Top Internet of Things (IoT) Manufacturers Covered in this report:
- Cisco Systems Inc.
- General Electric
- Intel Corporation
- IBM Corporation
- Verizon Communication Inc.
- AT&T Inc.
- Qualcomm
- Siemens AG
- Hitachi Data Systems
- Microsoft Corporation
- PTC
- SAP SE
- Zebra Technologies
- Bosch Software Innovations
Internet of Things (IoT) Market Report assists the Industry experts, analysts and business decision makers to isolate the current market scenario, opportunities, upcoming market trends and pricing analysis. The Internet of Things (IoT) Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the Internet of Things (IoT) industry.
Significance of Internet of Things (IoT) Market report:
1. Know more about Internet of Things (IoT) industry plans that are now being comprised by major manufacturers in the market.
2. The assessed growth rate of Internet of Things (IoT) by size & share on the forecast period 2018-2023.
3. The unique aspects anticipated to induce Internet of Things (IoT) market for its forecasted period of 2023.
4. To understand the Internet of Things (IoT) industry scenario and its prospects.
5. Strategies of leading Internet of Things (IoT) Industry players for evolving the plans for success in today's competitive market.
All the information provided in the Internet of Things (IoT) market report have been prepared by the team of industry experts with deep knowledge, awareness and strong experience. Also, the information is validated using most up to date methods available in the industry.
Reasons to Purchase This Report
- Understanding how the rapid growth and technological advancements in data analytics are expected to drive the market for Internet of Things in manufacturing.
- Analyzing various perspectives of the market with the help of Porter's five forces analysis.
- The application that is expected to dominate the market.
- The regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3 months analyst support, along with the Market Estimate sheet (in excel).
Price of Report: $ 4250 (Single User License)
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In the end the Internet of Things (IoT) Market report presents all the necessary data required to form resulting yielding business strategies for Industry experts, analysts and business decision makers to decide their business strategies and achieve proposed business aims.
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