The global smart mining is extremely fragmented owing to the presence of several leading companies, states Transparency Market Research (TMR) in a research report. The uncertain price environment has put extreme pressure on the demand and supply in the smart mining market. Declining productivity along with the nationalization of resources and mounting cost of operations has triggered the need to optimize mining operations by enhancing efficiencies by adhering to the regulatory environment. As a result of this, mining companies worldwide are focusing on the integration of operational and information technologies in order to enhance their performance. Companies operating in the global smart mining market are striving to raise awareness regarding the benefits of smart mining among end-users are also investing in research and development activities in order to launch high-end products and services in the global smart mining market. The leading participants in the market are Alcatel-Lucent, Cisco Systems, Inc., Sandvik AB, Komatsu Ltd., Joy Global Inc., Hitachi Construction Machinery Co., Ltd., Caterpillar Inc., Atlas Copco, ABB Ltd., IntelliSense.io, Alastri, STONE THREE MINING PTY LTD, Trimble Navigation Limited, SAP SE, and Rockwell Automation Inc., among others.