IoT in Manufacturing market explored in latest research

IoT in Manufacturing Market Overview:

Planet Market Reports adds “IoT in Manufacturing Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” Report in Database.

Internet of Things (IoT) is a network of interconnected devices that enable communication and transfer of data by use of embedded sensors. IoT in manufacturing provides various applications such as real-time asset monitoring, connected operational intelligence, and fleet management, which is expected to rapidly build connected applications across manufacturing companies.

Technological progression such as smart sensors, cloud computing, and virtual reality & augmented reality drives the global IoT in manufacturing market. Further, rise in demand for real-time asset monitoring, facility management, and better packaging and shipping preparation help the key players to offer enhanced IoT services in manufacturing sector. However, inadequate IT infrastructure and lack of awareness among small & medium enterprises (SMEs) about the benefits of IoT implementation are expected to hinder the IoT in manufacturing market growth. Introduction to cloud-based services and demand for remote equipment management are expected to provide numerous growth opportunities during forecast period to the IoT in manufacturing market.

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The global IoT in Manufacturing industry is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography. By type, the market is further bifurcated into Extreme File Software, Service. The report provides information about the production, price, revenue, market share, and growth rate of each type. Application wise, the market is segmented into Extreme File Automotive, Chemical, Durable Goods, Electronics, OtherRegarding this segment, this report focuses on the status and outlook for major applications/end users, consumption, market share, and growth rate. Geographically, the market has been analyzed across North America, Europe, China, Japan, Southeast Asia, and India. The status and prospect through 2012-2022 for each of these regions are listed in the report.

The key players which provide solutions in the global IoT in Manufacturing market include PTC, IBM, Cisco, Microsoft, Zebra Technologies, PWC, TATA Consultancy Services, Fanuc, Stanley Black and Decker, General Motors, KUKA Systems Group, Lockheed Martin, Epson, Intel, Gartner, SAP. Information about the production, capacity, price, revenue (value), and market share of each of these manufacturers from 2012 to 2017 are clearly described in the report.

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The trends and marketing strategies such as mergers and acquisitions, adopted by each of the manufacturers provide an understanding of the level of competitiveness prevailing in the industry.

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