openPR Logo
Press release

Egypt IoT in Manufacturing Market to grow at a Significant Rate through 2026 – TechSci Research

10-21-2021 12:55 PM CET | IT, New Media & Software

Press release from: TechSci Research

Saudi Arabia operational technology Market

Saudi Arabia operational technology Market

Increasing demand for real-time asset monitoring and the digital transformation of industries is expected to drive the demand for Egypt IoT in Manufacturing market in the forecast period.
According to TechSci Research report, “Egypt IoT in Manufacturing Market By Component (Solutions, Services and Platforms) By Application (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-Time Workforce Tracking & Management, Automation Control & Management, Emergency & Incident Management, Business Communication) By End-Use Industry (Energy & Utilities, Automotive, Food & Beverages, Aerospace & Defense, Chemicals & Materials, Consumer Electronics, Healthcare, Others), By Region, Company Forecast & Opportunities, 2026”, The Egypt IoT in Manufacturing market is expected to witness significant growth in the forecast period. The growing use of automation in the manufacturing units reduces the chances of human error, lowers the labor cost and other associated expenses which in turn is influencing the growth of the IoT in manufacturing market. The expected roll-out of 5G technology and the growing internet penetration is enabling the local manufacturers to adopt the IoT solutions. Market players are investing huge amounts for technological up-gradation to improve the speed, flexibility, capacity, and reliability of the manufacturing process. IoT solutions collect the critical metrics, visualize the data in real-time, and aids in optimizing the results in the manufacturing units.
The COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization has affected several countries adversely. Coronavirus-affected patients started suffering from shortness of breath along with coughing and sneezing. Leading authorities in Egypt imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Manufacturing units were temporarily shut down and the shortage of workers led to the market decline. Disruption in the supply chain was observed which adversely affected the supply of raw materials. These factors are negatively impacting the growth of the IoT in manufacturing market.
However, rising security and privacy concerns may restrain the growth of the IoT in Manufacturing market in the forecast period.
Browse XX Figures spread through XX Pages and an in-depth TOC on "Egypt IoT in Manufacturing Market”.
https://www.techsciresearch.com/report/egypt-iot-in-manufacturing-market/7890.html

Egypt IoT in Manufacturing Market is segmented into component, application, end-use industry, regional distribution, and company. Based on the component, the market can be divided into solutions, services, and platforms. The solutions segment is expected to witness growth in the forecast period, 2022-2026. To increase the throughput and improve the manufacturing process the major players are deploying IT solutions in their industries. IoT in manufacturing solutions helps organizations automate their overall process and improve product quality. The adoption of solutions in the organization aids in reducing the infrastructure and operational costs and managing the end-to-end life cycle of their assets. Based on the solutions, the market can be divided into network management, data management, device management, application management, and smart surveillance. The smart surveillance segment is expected to witness the highest growth in the forecast period. Organizations are employing solutions to safeguard their assets and people. Smart surveillance system increases the visibility and provides the facility of the live video surveillance system. It can also provide the facilities like asset tracking, asset recovery, intrusion detection, real-time monitoring, amongst others.
Cisco, Valeo, Spime Sense Lab, Telecom Egypt, IBM, , SAP, Nokia, Ericsson, Honeywell, Fujitsu, Microsoft, Etisalat, Oracle, Huawei are the leading players operating in Egypt IoT in Manufacturing market. Service providers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several IoT in Manufacturing service providers are coming up with their technologically advanced offerings.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7890
Customers can also request for 10% free customization on this report.
“Supportive government policies and initiatives to achieve Vision 2030 and develop Egypt as a sustainable technologically industrialized hub are expected to create lucrative opportunities for market growth. The growing adoption of industry 4.0 which provides the informed supply chains that are cost-effective in prominent industry verticals including electronics, leather, textiles, furniture, chemicals, amongst others is expected to fuel the demand of IoT in the manufacturing market. The growing industrialization and the high-end investments by the market players are expected to propel the growth of the IoT in manufacturing market in the forecast period, 2022-2026.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Egypt IoT in Manufacturing Market By Component (Solutions, Services and Platforms) By Application (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-Time Workforce Tracking & Management, Automation Control & Management, Emergency & Incident Management, Business Communication) By End-Use Industry (Energy & Utilities, Automotive, Food & Beverages, Aerospace & Defense, Chemicals & Materials, Consumer Electronics, Healthcare, Others), By Region, Company Forecast & Opportunities, 2026” has evaluated the future growth potential of Egypt IoT in Manufacturing market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Egypt IoT in Manufacturing market.
Browse Related Reports
India IoT in Manufacturing Market By Component (Solutions, Services and Platforms), By Application Area (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-Time Workforce Tracking & Management, Automation Control & Management, Emergency & Incident Management, Business Communication), By Vertical (Energy & Utilities, Automotive, Food & Beverages, Aerospace & Defence, Chemicals & Materials, High-Tech Products, Healthcare, Others), By Region, Competition, Forecast & Opportunities, FY2017-FY2027F
https://www.techsciresearch.com/report/india-iot-in-manufacturing-market/2046.html

United States IoT in Manufacturing Market, By Component (Solutions, Platforms and Services), By Application Area (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-Time Workforce Tracking & Management, Automation Control & Management and Emergency & Incident Management, & Business Communication), By Vertical Market (Energy & Utilities, Automotive, Food & Beverages, Aerospace & Defence, Chemicals & Materials, High-Tech Products, Healthcare and Others), By Company, By Region, Forecast & Opportunities, 2016-2026
https://www.techsciresearch.com/report/united-states-iot-in-manufacturing-market/2049.html

ABOUT TECHSCI RESEARCH
TechSci Research is a research based management consulting firm providing decision making solutions to its customers worldwide, spanning a range of industries.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com
Website : https://www.techsciresearch.com/
Visit our blog : https://techsciblog.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Egypt IoT in Manufacturing Market to grow at a Significant Rate through 2026 – TechSci Research here

News-ID: 2436683 • Views: 283

More Releases from TechSci Research

SaaS segment to dominate the Saudi Arabia Cloud Computing market till 2026 – T …
Favourable government policies and growing demand for digitization is expected to drive the Saudi Arabia Cloud Computing market in the forecast period According to TechSci Research report, “Saudi Arabia Cloud Computing Market By Service (SaaS, IaaS, PaaS) By Type (Public, Private, Hybrid) By Organization Size (Small & Medium-Sized Enterprises (SMEs), Large Enterprises) By Application (App Hosting, E-mail, Storage & Backup, CRM, Business Analytics, Database & Content Management and Others) By End
Dialysis Center Market to Grow Along with Rising Population During the Forecast …
Increased instances of kidney failure are driving the growth of global dialysis center market in the forecast period, 2022-2026. According to TechSci Research report, “Dialysis Center Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026”, the global dialysis center market would potentially project an impressive growth in the forecast period, 2022-2026, with an impressive CAGR on the account of rapidly increasing cases of kidney failures among the global population.
Saudi Arabia data center market is expected to grow at a steady rate during the …
Development of Telecom industry and presence of strict data security regulations is expected to drive the Saudi Arabia data center market throughout the forecast period According to TechSci Research report, “Saudi Arabia Data Center Market By Solution (IT Infrastructure, General Infrastructure, Electrical Infrastructure, Mechanical Infrastructure and Others) By Type (Corporate and Web Hosting) By End User Industry (IT & Telecom, Government, BFSI, Healthcare and Others), By Region, Company Forecast & Opportunities,
BFSI segment to dominate the Saudi Arabia Digital Lending market till 2026 – T …
Rising rate of internet penetration and growing popularity of peer-to-peer lending is expected to drive the Saudi Arabia Digital Lending market throughout the forecast period According to TechSci Research report, “Saudi Arabia Digital Lending Market By Component (Solution v/s Service) By Solution (Loan Origination, Decision Automation, Portfolio Management, Loan Servicing, Risk and Compliance Management, Loan Management, Business Process Management, Others) By Service (Professional v/s Managed) By Deployment Mode (On-Premise v/s Cloud)

All 5 Releases


More Releases for IoT

Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Telecom IoT
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these