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Internet-of-Things (IoT) Market in Manufacturing Market 2022 Precise Outlook- Cisco Systems Inc., General Electric, Intel Corporation, IBM Corporation, Verizon Communication

03-23-2022 08:17 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

This report discusses many vital industry facets that influence Global Internet-of-Things (IoT) Market in Manufacturing  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

The Internet-of-Things (IoT) market in manufacturing was valued at USD 175.3 billion in 2020 and is expected to reach USD 399.08 billion by 2026 and grow at a CAGR of 14.76% over the forecast period (2021-2026).

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Cisco Systems Inc., General Electric, Intel Corporation, IBM Corporation, Verizon Communication Inc., AT&T Inc., Qualcomm, Siemens AG, Microsoft Corporation, SAP SE

Market Insights

With the number of networked sensors increasing across production, supply chain, and products, manufacturers are entering into a new generation of systems that enable automatic and real-time interactions among machines, systems, assets, and things. The pervasiveness of connected devices is ?nding applicability across multiple segments of the manufacturing and supply chain, throughout the value chain.

IoT in manufacturing can facilitate the production flow in a plant, as IoT devices automatically monitor development cycles and manage warehouses and inventories. It is one of the reasons that investments in IoT devices have skyrocketed, over the past few decades. IoT in manufacturing, logistics, and transportation is expected to rise to USD 40 billion, by 2020.

Due to the impact of COVID-19, there are major shutdowns and production losses that are taking place across the world. According to a recent survey by the National Association of Manufacturers, atleast 53% of manufacturers in the United States expect the outbreak to affect their operations. This is expected to have a direct impact on deployment of IoT in manufacturing in a shorter run.

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Internet-of-Things (IoT) Market in Manufacturing market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

News and Updates

- March 2019 - Rockwell Automation, Panduit, and Cisco, in a special collaboration with Tecnologico de Monterrey, EY, and Unified, announced the opening of their Manufacturing Advanced Technology Center (MATC) in Mexico City. The MATC showcases how companies in the automotive, mining, food and beverage, and cementing industries can embrace the future by establishing their digital journey for transformation and navigating the new Industry 4.0 era.

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Internet-of-Things (IoT) Market in Manufacturing Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Internet-of-Things (IoT) Market in Manufacturing market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Internet-of-Things (IoT) Market in Manufacturing market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Internet-of-Things (IoT) Market in Manufacturing Market report.

Buy Now This Report at

https://www.marketinsightsreports.com/report/purchase/02082591919?mode=su?Mode=S21

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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