Internet of Things (IoT) Manufacturing Market – Global Analysis and Forecast (2023-2029)

Internet of Things (IoT) Manufacturing Market size is expected to reach US$ 122.04 Bn by 2029, at a CAGR of 11.8% during the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.

The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology:-Request Free Sample Report
Internet of Things (IoT) Manufacturing Market, Dynamics:
Global Internet of Things (IoT) in Manufacturing Market is segmented by service, application, vertical, geography. On the basis of service, the market is divided by Managed Services, Professional Services, Infrastructure Services, System Designing and Integration Services, Support and Maintenance Services, Training Services. Based on the application market is segmented into Predictive Maintenance, Business Process Optimization, Logistics and Supply Chain Management, Real-Time Workforce Tracking and Management, Automation Control and Management, Emergency and Incident Management.

According to the vertical market is divided into Energy and Utilities, Automotive, Food and Beverage, Aerospace and Defence, Chemicals and Materials, High-Tech Products, Healthcare, Others. Geographically market is spread by North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa.
Global Internet of Things (IoT) in Manufacturing Market is one of the rapidly progressing sector accounting for the maximum share in the global IoT spending. Network control and management of manufacturing equipment, asset and situation management bring the IoT within the realm of industrial applications and smart manufacturing as well. The IoT intelligent systems enable rapid manufacturing of new products, active response to product demands, and real-time optimization of manufacturing production and supply chain networks, by networking machinery, sensors and control systems together. In short, IoT enhances the quality and quantity of manufacturing industry.
Internet of Things (IoT) Manufacturing Market, Regional Analysis:
Global IoT manufacturing market is dominated by North America, as it has powerful economies like the US, Canada etc. which are investing money in R & D (research and development dept.) related to smart manufacturing. Early adoption of technologies to enhance quality and productivity fuels the IOT manufacturing market in North America. Asia Pacific region is estimated to grow at highest CAGR during the forecast period.
Internet of Things (IoT) Manufacturing Market, Key Highlights:
Global Internet of Things (IoT) Manufacturing Market analysis and forecast, in terms of value.

Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Internet of Things (IoT) Manufacturing Market

Global Internet of Things (IoT) Manufacturing Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

Global Internet of Things (IoT) Manufacturing Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

Internet of Things (IoT) Manufacturing Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Internet of Things (IoT) Manufacturing Market are also profiled.
The Scope of Internet of Things (IoT) Manufacturing Market: Inquire Before Buying



Internet of Things (IoT) Manufacturing Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 55.9 Bn.


Forecast Period 2023 to 2029 CAGR:
11.8 %
Market Size in 2029:
US $ 122.04 Bn.


 Segments Covered:
by Service
Managed Services
Professional Services
Infrastructure Services
System Designing and Integration Services
Support and Maintenance Services
Training Services


by Application
Predictive Maintenance
Business Process Optimization
Logistics and Supply Chain Management
Real-Time Workforce Tracking and Management
Automation Control and Management
Emergency and Incident Management


by Vertical
Energy and Utilities
Automotive
Food and Beverage
Aerospace and Defence
Chemicals and Materials
High-Tech Products
Healthcare
Others



Internet of Things (IoT) Manufacturing Market, Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Players Operated in Internet of Things (IoT) Manufacturing Market:
1. Microsoft
2. SAP
3. Bosch
4. IBM
5. Cisco Systems
6. General Electric (US)
7. Huawei (China)
8. Konux
9. Litmus Automation
10. Schneider Electric
11. Wind River
12. PTC
13. Zebra Technologies
14. Siemens
15. Clearblade
16. Mocana
17. Impinj
18. Uptake
19. PalleTech
20. ELMODIS
21. Water.IO
22. SensEye
23. ARCSTONE
24. SupraControl
25. New Icon

Frequently Asked Questions:

1. Which region has the largest share in Global Internet of Things (IoT) Manufacturing Market?
Ans: North America region holds the highest share in 2022.

2. What is the growth rate of Global Internet of Things (IoT) Manufacturing Market?
Ans: The Global Internet of Things (IoT) Manufacturing Market is growing at a CAGR of 11.8% during forecasting period 2023-2029.

3. What is scope of the Global Internet of Things (IoT) Manufacturing market report?
Ans: Global Internet of Things (IoT) Manufacturing Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Internet of Things (IoT) Manufacturing market?
Ans: The important key players in the Global Internet of Things (IoT) Manufacturing Market are – Microsoft, SAP, Bosch, IBM, Cisco Systems

5. What is the study period of this market?
Ans: The Global Internet of Things (IoT) Manufacturing Market is studied from 2022 to 2029.