IoT in Manufacturing Market Share, Size and Forecast By 2023 - PowerPoint PPT Presentation

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IoT in Manufacturing Market Share, Size and Forecast By 2023

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IoT in manufacturing market size was valued at $424 billion in 2016 and is expected to reach $994 billion by 2023, registering a CAGR of 13.1% from 2017 to 2023. – PowerPoint PPT presentation

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Title: 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 Rake 


Research 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_at_ https//www.alliedmarketresea
rch.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.co
m/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
Stakeholders Perspective. To Know More About IoT
in Manufacturing Market Global Opportunity
Analysis and Industry Forecast, 2017 -
2023 https//www.alliedmarketresearch.com/IoT-in-m
anufacturing-market Inquiry more about this
report https//www.alliedmarketresearch.com/purch
ase-enquiry/2483 Follow Allied Market Research
11
 
ABOUT ALLIED MARKET RESEARCH
Allied Market Research (AMR) is a full-service
market research and business-consulting wing of
Allied Analytics LLP based in Portland, Oregon.
Allied Market Research provides global
enterprises as well as medium and small
businesses with unmatched quality of "Market
Research Reports" and "Business Intelligence
Solutions." AMR has a targeted view to provide
business insights and consulting to assist its
clients to make strategic business decisions and
achieve sustainable growth in their respective
market domain. We are in professional corporate
relations with various companies and this helps
us in digging out market data that helps us
generate accurate research data tables and
confirms utmost accuracy in our market
forecasting. Each and every data presented in the
reports published by us is extracted through
primary interviews with top officials from
leading companies of domain concerned. Our
secondary data procurement methodology includes
deep online and offline research and discussion
with knowledgeable professionals and analysts in
the industry.
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alliedmarketresearch.com Web https//www.alliedma
rketresearch.com
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