Global IoT In Manufacturing Market, By Geography; Software (Network & Application Security, Network Bandwidth Management, Remote Monitoring System, Data Management, Smart Surveillance); Platform (Device Management, Application Management, Connectivity Management); Service (Professional Services, Managed Services); Application; Vertical – Industry Trends and Forecast to 2024

Pune, India -- (SBWire) -- 05/10/2018 --IoT in Manufacturing Market Projected for USD 6.23 billion in 2016 growing at a CAGR of 28.01% during the forecast period of 2017 to 2024.

Global IoT in Manufacturing Market Research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process.

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Major Market Competitors:
- ABB,
- Cisco Systems Inc.,
- General Electric,
- Huawei Technologies Co. Ltd,
- IBM,
- Microsoft Corporation,
- PTC, Rockwell Automation Inc.,
- SAP SE,
- Siemens AG,
- Zebra Technologies,

IoT is changing the business models, increasing output across a number of industries. But this technology has greatly impacted over manufacturing market. Manufacturing market is utilizing the IoT devices in order to improve overall productivity and efficiency.

Market Segmentation:

The global IoT in manufacturing market is segmented on the basis of software into network & application security, network bandwidth management, remote monitoring system, data management, and smart surveillance.

On the basis of platform, the global IoT in manufacturing market is segmented into device management platform, application management platform, and connectivity management platform.

On the basis of service, the global IoT in manufacturing market is segmented into professional services, and managed services. The professional services segment is further sub segmented into Business consulting services, device and application management services, installation and integration services, IoT billing and subscription management, and M2M billing management.

On the basis of application, the global IoT in manufacturing market is segmented into predictive maintenance, business process optimization, asset tracking and management, logistics and supply chain management, real-time workforce tracking and management, automation control and management, and emergency & incident management, and business communication.

On the basis of vertical, the global IoT in manufacturing market is segmented into automotive manufacturing, industrial equipment manufacturing, electronics and communication equipment manufacturing, chemicals and materials equipment manufacturing, food and agriculture equipment manufacturing, and others.

On the basis of geography, the global IoT in manufacturing market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Major Market Drivers & Restraints:

- Demand-driven supply chain and connected logistics
- Need for agile production, operational efficiency, and control
- Lack of standards for interconnectivity and interoperability
- Data security and privacy concerns
- Shadow IT risk

Company Share Analysis: Global IoT in Manufacturing Market

The report for global IoT in manufacturing market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

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