IoT in Manufacturing Market grow at 20
More Information @ http://bit.ly/2vY5UGy Rising implementation of IoT in the manufacturing sector to gain control over the operations and the supply chain process is anticipated to drive the industry over the forecast timeframe. Increasing adoption of cloud platforms across various industries offer lucrative growth opportunities to the industry growth. The technology has a huge potential to enhance the visibility in industrial operations by gaining insights to every step of the production and supply chain process in real-time.
More Information @ http://bit.ly/2vY5UGy
Rising implementation of IoT in the manufacturing sector to gain control over the operations and the supply chain process is anticipated to drive the industry over the forecast timeframe. Increasing adoption of cloud platforms across various industries offer lucrative growth opportunities to the industry growth. The technology has a huge potential to enhance the visibility in industrial operations by gaining insights to every step of the production and supply chain process in real-time.
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<strong>IoT</strong> <strong>in</strong> Manufactur<strong>in</strong>g <strong>Market</strong> to reach $150bn by<br />
<strong>20</strong>24: Global <strong>Market</strong> Insights Inc.<br />
<strong>IoT</strong> <strong>in</strong> Manufactur<strong>in</strong>g <strong>Market</strong> size is set to exceed USD 150 billion by <strong>20</strong>24;<br />
accord<strong>in</strong>g to a new research report by Global <strong>Market</strong> Insights, Inc.<br />
Ris<strong>in</strong>g implement<strong>at</strong>ion of <strong>IoT</strong> <strong>in</strong> the manufactur<strong>in</strong>g sector to ga<strong>in</strong> control over the<br />
oper<strong>at</strong>ions and the supply cha<strong>in</strong> process is anticip<strong>at</strong>ed to drive the <strong>in</strong>dustry over the<br />
forecast timeframe. Increas<strong>in</strong>g adoption of cloud pl<strong>at</strong>forms across various <strong>in</strong>dustries<br />
offer lucr<strong>at</strong>ive <strong>grow</strong>th opportunities to the <strong>in</strong>dustry <strong>grow</strong>th. The technology has a<br />
huge potential to enhance the visibility <strong>in</strong> <strong>in</strong>dustrial oper<strong>at</strong>ions by ga<strong>in</strong><strong>in</strong>g <strong>in</strong>sights to<br />
every step of the production and supply cha<strong>in</strong> process <strong>in</strong> real-time.<br />
The virtual track<strong>in</strong>g of the firm assets, oper<strong>at</strong>ions, processes, products and other<br />
resources enables bus<strong>in</strong>esses to have complete visibility result<strong>in</strong>g <strong>in</strong> streaml<strong>in</strong>ed<br />
process and optimiz<strong>in</strong>g the <strong>in</strong>dustrial demand and supply. Ris<strong>in</strong>g demand for<br />
improvis<strong>in</strong>g the oper<strong>at</strong>ional efficiency followed by reduction <strong>in</strong> costs associ<strong>at</strong>ed with<br />
various manufactur<strong>in</strong>g process is expected to propel the <strong>IoT</strong> <strong>in</strong> manufactur<strong>in</strong>g market<br />
<strong>grow</strong>th.<br />
Ris<strong>in</strong>g cyber-<strong>at</strong>tacks across the <strong>in</strong>dustry is anticip<strong>at</strong>ed to challenge the <strong>IoT</strong> <strong>in</strong><br />
manufactur<strong>in</strong>g market <strong>grow</strong>th. Enormous volume of d<strong>at</strong>a is gener<strong>at</strong>ed from the<br />
devices mak<strong>in</strong>g it vulnerable to breaches, rais<strong>in</strong>g concerns regard<strong>in</strong>g d<strong>at</strong>a security &<br />
privacy. Lack of standards followed by the low number of skilled staffs will further<br />
hamper the demand.<br />
Complexities associ<strong>at</strong>ed with <strong>IoT</strong> network coupled with lack of sufficient resources<br />
are expected to boost the demand for managed services across the users.<br />
Bus<strong>in</strong>esses are currently focus<strong>in</strong>g on managed services perta<strong>in</strong><strong>in</strong>g to the costeffectiveness<br />
associ<strong>at</strong>ed with such services coupled with their <strong>grow</strong><strong>in</strong>g IT<br />
<strong>in</strong>frastructure. Usage of managed services helps the valuable resources of various<br />
enterprises to focus more on their core competencies gener<strong>at</strong><strong>in</strong>g more revenue.<br />
Grow<strong>in</strong>g demand of the automotive <strong>IoT</strong> market is expected due to the ris<strong>in</strong>g<br />
implement<strong>at</strong>ion of advanced digital technologies <strong>in</strong> the vehicles to offer enhanced<br />
customer experience. Ris<strong>in</strong>g number of automotive OEMs from the emerg<strong>in</strong>g<br />
markets have <strong>in</strong>tensified the competition <strong>in</strong> terms of quality and beg<strong>in</strong> target<strong>in</strong>g the<br />
developed regions. Increas<strong>in</strong>g competition and emerg<strong>in</strong>g customer demand are<br />
putt<strong>in</strong>g pressure on OEMs to provide <strong>in</strong>nov<strong>at</strong>ive vehicle fe<strong>at</strong>ures th<strong>at</strong> offer enhanced<br />
digital connectivity and <strong>at</strong>tract younger consumers.<br />
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India <strong>IoT</strong> <strong>in</strong> manufactur<strong>in</strong>g market, by applic<strong>at</strong>ion, <strong>20</strong>16 & <strong>20</strong>24 (USD Million)<br />
Browse key <strong>in</strong>dustry <strong>in</strong>sights spread across 170 pages with 156 market d<strong>at</strong>a tables &<br />
12 figures & charts from the report, “<strong>IoT</strong> <strong>in</strong> Manufactur<strong>in</strong>g <strong>Market</strong> Size By Pl<strong>at</strong>form<br />
(Network Management, Device Management, Applic<strong>at</strong>ion Management), By<br />
Technology (Sensors, RFID, Connectivity Technology), By Component<br />
(Hardware, Software [D<strong>at</strong>a Management, Stream<strong>in</strong>g Analytics, Security,<br />
Remote Monitor<strong>in</strong>g, Bandwidth Management]), By Service (Professional<br />
Service, Managed Service), By Applic<strong>at</strong>ion (Mach<strong>in</strong>ery, Automotive, Food &<br />
Beverages, Pharmaceuticals), Industry Analysis Report, Regional Outlook<br />
(U.S., Canada, Germany, UK, France, Italy, Spa<strong>in</strong>, Russia, Ch<strong>in</strong>a, India, Japan,<br />
South Korea, Malaysia, S<strong>in</strong>gapore, Australia, Brazil, Mexico, Saudi Arabia,<br />
UAE, South Africa), Industry Potential, Price Trends, Competitive <strong>Market</strong> Share<br />
& Forecast, <strong>20</strong>17 – <strong>20</strong>24” <strong>in</strong> detail along with the table of contents:<br />
https://www.gm<strong>in</strong>sights.com/<strong>in</strong>dustry-analysis/iot-<strong>in</strong>-manufactur<strong>in</strong>g-market<br />
Asia Pacific <strong>IoT</strong> <strong>in</strong> manufactur<strong>in</strong>g market is anticip<strong>at</strong>ed to witness <strong>grow</strong>th ow<strong>in</strong>g to<br />
the emerg<strong>in</strong>g <strong>in</strong>dustrial sector <strong>in</strong> countries such as Ch<strong>in</strong>a, India, South Korea and<br />
Taiwan. The auto <strong>in</strong>dustry <strong>in</strong> India accounts for over 7% of India’s GDP. Improv<strong>in</strong>g<br />
government framework, <strong>grow</strong><strong>in</strong>g domestic <strong>in</strong>dustry, develop<strong>in</strong>g <strong>in</strong>frastructure and the<br />
Make <strong>in</strong> India <strong>in</strong>iti<strong>at</strong>ive are <strong>at</strong>tract<strong>in</strong>g major <strong>in</strong>vestments <strong>in</strong> the auto sector which will<br />
allow the implement<strong>at</strong>ion of several digital technologies <strong>in</strong> the country driv<strong>in</strong>g the <strong>IoT</strong><br />
demand. Moreover, ris<strong>in</strong>g consumer demand <strong>in</strong> the food & beverage sector <strong>in</strong> Asia<br />
Pacific require higher fulfilment agility th<strong>at</strong> is result<strong>in</strong>g <strong>in</strong> ris<strong>in</strong>g demand of advanced<br />
technologies to have a proper real-time course correction and supply cha<strong>in</strong><br />
monitor<strong>in</strong>g further, driv<strong>in</strong>g the <strong>IoT</strong> <strong>in</strong> manufactur<strong>in</strong>g market.<br />
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Players <strong>in</strong> the <strong>IoT</strong> <strong>in</strong> manufactur<strong>in</strong>g market <strong>in</strong>clude Huawei Technologies, Rockwell<br />
Autom<strong>at</strong>ion, Siemens AG, Microsoft Corpor<strong>at</strong>ion, IBM Corpor<strong>at</strong>ion, Intel Corpor<strong>at</strong>ion<br />
and Cisco Systems. Other prom<strong>in</strong>ent players <strong>in</strong>clude PTC Inc, Bosch GmbH,<br />
Schneider Electric and Zebra Technologies. The <strong>in</strong>dustry is witness<strong>in</strong>g entry of new<br />
players br<strong>in</strong><strong>in</strong>g <strong>in</strong> <strong>in</strong>nov<strong>at</strong>ions and advanced technologies result<strong>in</strong>g <strong>in</strong> <strong>in</strong>creas<strong>in</strong>g<br />
competition. High demand across various manufactur<strong>in</strong>g facilities to streaml<strong>in</strong>e the<br />
bus<strong>in</strong>ess processes is anticip<strong>at</strong>ed to propel <strong>grow</strong>th.<br />
Segment<strong>at</strong>ion of <strong>IoT</strong> <strong>in</strong> Manufactur<strong>in</strong>g <strong>Market</strong>:<br />
Internet of Th<strong>in</strong>gs <strong>in</strong> manufactur<strong>in</strong>g market research report <strong>in</strong>cludes <strong>in</strong>-depth<br />
coverage of the <strong>in</strong>dustry with estim<strong>at</strong>es & forecast <strong>in</strong> terms of revenue <strong>in</strong> USD from<br />
<strong>20</strong>13 to <strong>20</strong>24, for the follow<strong>in</strong>g segments:<br />
<strong>IoT</strong> <strong>in</strong> Manufactur<strong>in</strong>g <strong>Market</strong>, By Pl<strong>at</strong>form<br />
• Network Management<br />
• Device Management<br />
• Applic<strong>at</strong>ion Management<br />
<strong>IoT</strong> <strong>in</strong> Manufactur<strong>in</strong>g <strong>Market</strong>, By Technology<br />
• Sensor<br />
• RFID<br />
• Connectivity technology<br />
• Others<br />
<strong>IoT</strong> <strong>in</strong> Manufactur<strong>in</strong>g <strong>Market</strong>, By Component<br />
• Software<br />
o D<strong>at</strong>a Management<br />
o Stream<strong>in</strong>g Analytics<br />
o Security<br />
o Remote Monitor<strong>in</strong>g<br />
o Bandwidth Management<br />
• Hardware<br />
<strong>IoT</strong> <strong>in</strong> Manufactur<strong>in</strong>g <strong>Market</strong>, By Service<br />
• Professional service<br />
• Managed service<br />
<strong>IoT</strong> <strong>in</strong> Manufactur<strong>in</strong>g <strong>Market</strong>, By Applic<strong>at</strong>ion<br />
• Mach<strong>in</strong>ery<br />
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• Automotive<br />
• Food & beverage<br />
• Pharmaceutical<br />
• Others<br />
The above <strong>in</strong>form<strong>at</strong>ion is provided for the follow<strong>in</strong>g regions and countries:<br />
• North America<br />
o U.S.<br />
o Canada<br />
• Europe<br />
o UK<br />
o Germany<br />
o France<br />
o Italy<br />
o Spa<strong>in</strong><br />
o Russia<br />
• Asia Pacific<br />
o Ch<strong>in</strong>a<br />
o India<br />
o Japan<br />
o Australia<br />
o South Korea<br />
o Malaysia<br />
o S<strong>in</strong>gapore<br />
• L<strong>at</strong><strong>in</strong> America<br />
o Brazil<br />
o Mexico<br />
• Middle East & Africa (MEA)<br />
o South Africa<br />
o Saudi Arabia<br />
o UAE<br />
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