Smart Manufacturing Platform Market to Witness an Outstanding Growth during 2019-2026 - Amazon, IBM, Hitachi, Microsoft

Smart Manufacturing Platform Market is accounted for $2.76 billion in 2017 and is expected to reach $15.93 billion by 2026 growing at a CAGR of 21.5% during the forecast period. Some of the key factors influencing the market growth include Increase in the adoption of industrial automation and industry 4.0 solutions, support from governments of various countries for industrial automation, and increasing need for streamlined and automated data to enhance productivity. However lack of skilled IoT workforce and frequent software upgrade are restraining the market growth.

Smart manufacturing platform is associated with the concept of smart manufacturing or Industry 4.0 that enables companies to connect to Industrial Internet of Things (IIoT) emphasizing on collecting, analyzing, and making use of as much data as possible, turn data insights into direct action, and create competitive advantage. Smart manufacturing platform usually finds its usability for performance optimization, asset management, condition monitoring, predictive maintenance, etc.

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Some of the key players in global Smart Manufacturing Platform market are:
Amazon, IBM, Hitachi, Microsoft, Bosch, ABB, PTC Inc., Emerson, SAP SE, Fujitsu Ltd., Schneider Electric, Rockwell Automation, GE, Siemens, Telit, Cisco, Accenture and Oracle.

Based on the type, Device management segment has significant growth during the forecast period due to increasing adoption of industrial IoT solutions requires a number of IoT devices in industries or plants. Effective device management is essential for monitoring & maintaining the health, connectivity, and security of IoT devices. Device management platforms assist manufacturing enterprises in effectively managing and tracking and securing devices used in plants or industries.

By Geography, APAC is expected to grow at the significant market share during the forecast period. Major factors driving the growth of the smart manufacturing platform market in APAC include the rising demand for smart tools due to the growing automation in the industry, growing adoption of technologies such as Industry 4.0, smart factory, IoT, and IIoT and increasing investments in smart manufacturing platform to optimize productivity and improving maintenance efficiency.

Major Types of Smart Manufacturing Platform Market covered are:
Connectivity Management
Application Enablement Platform
Device Management

Major Applications of Smart Manufacturing Platform Market covered are:
Asset and Condition Monitoring
Performance Optimization
Other Applications

Research objectives:-

- To study and analyze the global Smart Manufacturing Platform consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Smart Manufacturing Platform market by identifying its various sub-segments.
- Focuses on the key global Smart Manufacturing Platform manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Smart Manufacturing Platform with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Smart Manufacturing Platform Market Size
2.2 Smart Manufacturing Platform Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Smart Manufacturing Platform Market Size by Manufacturers
3.2 Smart Manufacturing Platform Key Players Head office and Area Served
3.3 Key Players Smart Manufacturing Platform Product/Solution/Service
3.4 Date of Enter into Smart Manufacturing Platform Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Smart Manufacturing Platform Sales by Product
4.2 Global Smart Manufacturing Platform Revenue by Product
4.3 Smart Manufacturing Platform Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Smart Manufacturing Platform Breakdown Data by End User

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In the end, Smart Manufacturing Platform industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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