Press release
Automotive Industrial Internet of Things (IIoT) Market Outlook to 2027 - Accenture, Capgemini, CISCO, Cognizant, HCL Technologies Ltd, Hortonworks, IBM, PTC, SAP SE and Siemens
Automotive Industrial Internet of Things (IIoT) Market
Industrial Internet of Things (IIoT) technology leveraged automotive manufacturers by staying connected to integrate different technologies like machine learning, big data, sensor data, machine-to-machine communication, and automation. Automotive Industrial Internet of Things helps to gain competitive advantage and open new revenue streams for the automotive market.
Top Leading Market Players:
1. Accenture
2. Capgemini
3. CISCO
4. Cognizant
5. HCL Technologies Ltd
6. Hortonworks
7. IBM
8. PTC
9. SAP SE
10. Siemens
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The key market drivers of Automotive Industrial Internet of Things market are a substantial operational cost benefit to OEMs, and suppliers, increased labor productivity and process efficiency, and mass customization. On the other hand, automotive suppliers are rambling behind in adopting smart factories due to lack of leadership commitments, lack of understanding of potential use cases, and limited budget allocation is hindering the Automotive Industrial Internet of Things market.
However, auto manufacturers' inclination towards the smart factories, digitalizing different manufacturing process is creating opportunities for the Automotive Industrial Internet of Things market.
Market Segmentation :
The global Automotive Industrial Internet of Things market is segmented on the basis of Component and application. Based on component, the market is segmented as hardware & software and services. On the basis of the application the market is segmented into design & production, assembly, quality inspection, and logistics & inventory management.
Major Factors:
• Global Automotive Industrial Internet of Things (IIoT) Market Overview
• Economic Impact on Market
• Market Competition
• Global Automotive Industrial Internet of Things (IIoT) Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Automotive Industrial Internet of Things (IIoT) Market Effect, Factors, Analysis
• Global Automotive Industrial Internet of Things (IIoT) Market Forecast
The Automotive Industrial Internet of Things (IIoT) Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions.
The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
Key questions answered in the report include-
• What will the market size and the growth rate be in 2027?
• What are the key factors driving the global Automotive Industrial Internet of Things (IIoT) market?
• What are the key market trends impacting the growth of the Automotive Industrial Internet of Things (IIoT) market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global Automotive Industrial Internet of Things (IIoT) market?
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Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact Us:
The Insight partners,
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