NJ New Jersey, USA -- (SBWIRE) -- 11/09/2022 -- Advance Market Analytics published a new research publication on "Connected Industries Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Connected Industries market was mainly driven by the increasing R&D spending across the world.
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Some of the key players profiled in the study are: Robert Bosch (Germany), Honeywell International (United States), Siemens AG (Germany), General Electric (United States), ABB Ltd. (Switzerland), Schneider Electric (Germany), Rockwell Automation (United States), Cisco Systems (United States), Fujitsu (Japan), Dassault Systèmes (France), Mindtree (India), Amazon Web Services (United States), IBM (United States), Hewlett Packard Enterprise (United States), Microsoft (United States), SAP (Germany).
Scope of the Report of Connected Industries
Connected industries involve the use of advanced and cutting-edge technological solutions for various applications like automation, predictive maintenance, data analytics, and cyber security solutions to protect networks or systems across the industry. Digital transformation and growing adoption of machinery across the various industries to increase efficiency and overall production at reduced operational cost is the major growth driver for the connected industry solutions. The industries are increasingly deploying IoT sensors and AI-powered software for automatic data collection and predictive analysis to reduce failures and downtime of machinery or equipment. In today's time, AR & VR is becoming much popular among retailers and e-commerce service providers to provide trying-up clothes virtually and enhance customer experience. Further, the connected technology also helps consumers to find their stuff easily and quickly, enhance store space productivity, and inventory management.
The titled segments and sub-section of the market are illuminated below:
by Type (Industrial Robotics, IoT, AR & VR, Cyber Security, AI & Big Data, Others), Components (Hardware, Software), Industry Vertical (Manufacturing, Retail & E-commerce, Energy & Utilities, Automotive, Pharmaceutical, Chemical, Transportation & Logistics, Others), Deployment (Cloud, On-premises)
Market Drivers:
Growing Popularity of AI & Big Data Across Industry Verticals to Analyze Huge Amount of Data Automatically
Surging Demand for Connected Industry Solutions in the Manufacturing and Chemical Industry for Process Automation and Predictive Maintenance
Market Trends:
Integration and Migration of 5G Network Connectivity for Effective Wireless Communication and Low Latency Rate
Increased Focus on the Research and Development of Innovative Solutions by the Global Players
Opportunities:
Emerging Hybrid IoT Connectivity Solutions with Bluetooth LE and Low Power Cellular Wireless Technology Will Create Significant Opportunities for IoT
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In October 2021, Mindtree announced the launch of its industry-specific IoT solution built on ServiceNow connected operations. The solution has been developed by leveraging advanced technologies like AI, machine learning, and the capabilities of ServiceNow Connected Operations. This will enable manufacturing and consumer goods industries to put their IoT data to work for improved decision-making and smarter operations and improve customer and field service.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Strategic Points Covered in Table of Content of Global Connected Industries Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Connected Industries market
Chapter 2: Exclusive Summary – the basic information of the Connected Industries Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Connected Industries
Chapter 4: Presenting the Connected Industries Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Connected Industries market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Connected Industries Market is a valuable source of guidance for individuals and companies.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.