Internet-of-Things (IoT) In Manufacturing Market 2021 Strategic Assessment - Cisco Systems Inc., General Electric, Intel Corporation, IBM Corporation

The Internet-of-Things (IoT) In Manufacturing Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Internet-of-Things (IoT) market in manufacturing was valued at USD 221.18 billion in 2019, and It is expected to reach USD 575.36 billion by 2025, witnessing a CAGR of 18.07% during the forecast period (2020 - 2025).

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Top Leading Companies of Internet-of-Things (IoT) In Manufacturing Market are Cisco Systems Inc., General Electric, Intel Corporation, IBM Corporation, AT&T Inc., Qualcomm, and Siemens AG and others.

Key Market Trends:       

Supply Chain and Logistics Management Application to Spur Growth in the Market Studied
- There has been a substantial change in the supply chain, with the adoption of mobile devices and sensors, which includes RFID and GPS to track inventory and assets in warehouses.
- Improved inventory management, due to the availability of real-time visibility of items and the ability to track and keep a count of inventory, is a very important outcome of the implementation of IoT in the manufacturing industries.
- The collection of manufacturing information, expiry date, manufacturing date, after-sales status, and warranty period, using tracking devices, like RFID tags, may improve efficiency in supply chain monitoring in the manufacturing process.

North America to be the Largest Market

- The market for IoT in manufacturing is mainly dominated by North America. This region has developed economies, like the United States and Canada, which are heavily investing in the R&D activities related to the market, thus, contributing to the development of new technologies. With the early adoption of trending technologies, such as mobility, Big Data, IoT, manufacturers are eager to integrate IoT technologies into their processes.
- Connected devices and data flow are already finding its applications in manufacturing. Therefore, it is now possible to expect accelerated deliveries, as the cost of infrastructure is reduced. In order to stay competitive, manufacturers are leveraging IoT and analytics, to run and improve businesses. In the United States, about 35% of manufacturers collect and use data generated from smart sensors to enhance manufacturing processes.

Regional Outlook of Internet-of-Things (IoT) In Manufacturing Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Internet-of-Things (IoT) In Manufacturing Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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