The internet of things (IoT) in manufacturing market valued at USD 24.65 billion in 2022, will reach USD 95.98 billion by 2030, growing at a CAGR of 18.52% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis. Global IoT in Manufacturing Market is a professional and a meticulous advertising report which focuses on primary and secondary drivers, market share, leading segments and geographical analysis. The report includes market analysis based on regional as well as global level

 

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Some of the key challenges faced by businesses that IoT promises to solve include -

  • Inability to provide intuitive and differentiated customer experience
  • Keep growth engine always firing
  • Low availability and under-utilization of assets and resources
  • Longer time to market new products
  • Soaring costs, regardless of implementing cost reduction initiatives

Component

  • Services
  • Solution/ Software

Software

  • Application Security
  • Application Management
  • Device Management
  • Device Provisioning and Authentication
  • Device Configuration Management
  • Monitoring and Troubleshooting
  • Data Management and Analytics
  • Data Integration
  • Data Security
  • Data Migration
  • Data Analytics and Visualization
  • Metadata Management
  • Data Governance
  • Data Orchestration
  • Monitoring
  • Network Management
  • Network Bandwidth Management
  • Network Security Management
  • Network Performance Monitoring and Management
  • Network Configuration Management
  • Smart Surveillance
  • Central Monitoring Systems
  • Video Analytics and Events
  • Others

Deployment Type

  • On Premises
  • Cloud

Organizational Size

  • SMEs
  • Large Enterprises

Connectivity

  • Satellite Network
  • Cellular Network
  • Radio-Frequency Identification (RFID)
  • Near-field Communication (NFC)
  • Wi-Fi

Services

  • Managed Services
  • Infrastructure Management Services
  • Security Management Services
  • Network Management Service
  • Data Management Services
  • Device Management Services
  • Professional Services
  • IoT Consulting Services
  • Technology Consulting services
  • Business Consulting Services
  • Operational Consulting Services
  • IoT Infrastructure Services
  • Network Services
  • Deployment Services
  • Cloud Services
  • System Designing and Integration Services
  • Platform Development and Integration
  • Mobile and Web Application Development Services
  • Support and Maintenance Services
  • Education and Training Services

Application

  • Predictive Maintenance
  • Business Process Optimization
  • Quality Management
  • Cognitive Process and Operations Management
  • Asset Tracking and Management
  • Logistics and Supply Chain Management
  • Real Time Workforce Tracking and Management
  • Automation Control and Management
  • Emergency and Incident Management
  • Logistics and Supply Chain Management
  • Inventory Management
  • Business Communication

End User

  • Process of Manufacturing
  • Energy and Utilities
  • Chemicals and Materials
  • Food and Beverages
  • Water and Waste Management
  • Others
  • Discrete Manufacturing
  • Automotive
  • Machine Manufacturing
  • Semiconductors and Electronics and Communication Equipment
  • Medical Devices
  • Logistics and Transportation
  • Industrial Equipment
  • Aerospace and Defence
  • Hi-tech Products
  • Healthcare

IoT in Manufacturing is the way to digital transformation in manufacturing. Industrial IoT employs a network of sensors to collect critical production data and uses cloud software to turn this data into valuable insights about the efficiency of manufacturing operations. The main adoption drivers are a shorter time to market, cost reduction, mass customization, and improved safety. IoT is used to enable industries to install a connected, flexible, and efficient pumping system. The Industrial Internet of things (IIoT) can transform the way industries work. It can create autonomous self-healing machines and enhance inventories using machine learning.The latest technological innovation is the Industrial IoT. The Industrial Internet of Things (IIoT) takes networked sensors and intelligent devices and puts those technologies to use directly on the manufacturing floor, collecting data to drive artificial intelligence and predictive analytics. In IIoT technology, sensors are attached to physical assets. The IIoT is driving unprecedented disruption in an industry that has struggled in recent years due to talent shortages, and this offers hope for the industry’s future.

Highlight of Table of Content:

§  Chapter 1: Market overview

§  Chapter 2: Global IoT in Manufacturing Market Analysis

§  Chapter 3: Regional analysis of the Global IoT in Manufacturing Market

§  Chapter 4: Market segmentation based on types and applications

§  Chapter 5: Revenue analysis based on types and applications

§  Chapter 6: Market share

§  Chapter 7: Competitive Landscape

§  Chapter 8: Drivers, Restraints, Challenges, and Opportunities

§  Chapter 9: Gross Margin and Price Analysis

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The major players covered in the internet of things (IoT) in manufacturing market report are Cisco Systems Inc., ABB, Huawei Technologies Co., Ltd., IBM, General Electric Company, PTC, Microsoft Corporation, Rockwell Automation, SAP, Zebra Technologies Corp., Siemens, Verizon, Hitachi Vantara Corporation, Qualcomm Technologies, Inc., FUJITSU, Tech Mahindra Limited, Mooana, Schneider Electric, ClearBlade, Inc., Robert Bosch GmbH, Uptake Technologies Inc., and Litmus Automation, Inc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately.

Profound Questions Answered in this Report:

·       What is the growth rate of various stages in the value chain of the industry?

·       Which region has the highest growth rate and size of the emerging market by value in 2022?

·       Who are the competitive players in Global IoT in Manufacturing Market?

·       Which region has the largest share and degree of competition in the industry

·       What is the CAGR of the market during the forecast period 2023 to 2030?

·       Which region is expected to hold the highest market share for the market?

·       What is the main driver of the Global IoT in Manufacturing Market?

·       What is sales volume, revenue, and price analysis of top players of the market?

·       What are the market opportunities and threats faced by the vendors in the industry?

·       What has been the impact of COVID-19 on the Global IoT in Manufacturing Market?

 

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