Growth Trends in IoT in Manufacturing: Market Size and Outlook for 2024
The IoT in Manufacturing Market is poised for significant growth by 2024, driven by the adoption of smart manufacturing technologies. This report analyzes market size, key trends, and growth opportunities, offering insights into the transformative impact of IoT on manufacturing processes.
Explore the Latest Insights in the Internet of Things in Manufacturing Market!
A new report from Fortune Business Insights™ titled Internet of Things in Manufacturing Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032 provides a comprehensive analysis of the Internet of Things in Manufacturing Market landscape. This report includes competitor and regional analyses, along with the latest advancements in the market.
Inside, you’ll find a detailed table of contents, figures, tables, and charts, complemented by insightful commentary. The Internet of Things in Manufacturing Market sector has seen remarkable growth recently, driven by increasing product demand, a growing customer base, and technological innovations. This report thoroughly examines the Internet of Things in Manufacturing Market, covering market size, trends, key drivers and constraints, competitive dynamics, and future growth prospects. Our goal is to delve deep into the industry to understand its dynamics and economic potential.
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Market Summary:
The “Internet of Things in Manufacturing Market Research Report Overview by 2024” market size is reached USD 27.8 billion by 2018 and it is expected to reach USD 452.27 billion by 2032 between the forecast period and expected Compound annual growth rate of 22.1% between the forcast period by (2018-2032).
The Internet of Things in Manufacturing Market has experienced significant growth, supported by various factors like rising product demand, an expanding customer base, and technological advancements. This report delivers an in-depth analysis of the market, including insights on market size, trends, key drivers and challenges, competitive dynamics, and future growth opportunities.
Top Companies in the Internet of Things in Manufacturing Market:
Here are some leading manufacturers in the sector:
- Cisco Systems, Inc.
- IBM Corporation
- General Electric Company
- Intel Corporation
- Siemens AG
- Microsoft Corporation
- SAP SE
- SOFTWARE AG
- ZEBRA TECHNOLOGIES
- HITACHI LTD.
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Segmentation:
Internet of Things (IoT) in Manufacturing Market Size, Share & Industry Analysis, By Platform (Device Management, Application Management, Network Management), By Software & Services (Software Solution and Services), By Application (Predictive Maintenance, Asset Tracking and Management, Logistics and Supply Chain Management, Real-Time Workforce Tracking and Management, Emergency and Incident Management and Others) and Regional Forecast, 2019-2032
Market Coverage:
- Market Trends
- Market Segmentation by Segment
- Market Segmentation by Region
- Price Analysis
- Impact of COVID-19
- Market Forecast
This report provides insights into the market landscape, broken down by sub-regions and countries. It highlights potential profit opportunities alongside market share and growth rates for each region.
Regional Analysis:
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, Scandinavia, and Rest of Europe)
- Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
- Latin America (Brazil, Mexico, and Rest of Latin America)
Report Highlights:
- Key growth drivers and challenges for the market.
- Comprehensive overview of regional developments.
- List of major industry players.
- Strategies adopted by key market players.
- Recent developments, including product launches and mergers.
The report also discusses limiting factors and the regional industrial presence that may impact market growth trends beyond 2032. Our market research aims to provide a thorough understanding of the industry’s potential and equip companies with the insights they need to make informed decisions. The Internet of Things in Manufacturing Market Report spans over 100+ pages and includes a detailed table of contents, figures, tables, graphs, and extensive analysis.
Table of Contents:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Industry Developments (Mergers, Acquisitions, Partnerships)
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis
TOC Continued…!
Industry Developments:
- Robert Bosch GmbH collaborated with Huawei Technologies Co. to develop cloud-based IoT services. This collaboration was completed to develop and deploy IoT based solutions and services in manufacturing plants.
- GE and Microsoft announced an expanded partnership. GE plans to standardize its Predix solutions on Microsoft Azure and will integrate the Predix portfolio with Azure’s cloud capabilities, including Azure IoT and Azure Data Analytics. The companies will co-sell and offer end customer premier Industrial IoT(IIoT) solutions across verticals.
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