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(2022-2031) IoT in Manufacturing Market Size, Share, Trends, Industry Growth Analysis and Forecast | Microsoft Corporation, SAP SE, Bosch Software Innovations GmbH, IBM Corporation

11-29-2022 11:39 AM CET | IT, New Media & Software

Press release from: The Business research company

IoT in Manufacturing Market

IoT in Manufacturing Market

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The global IoT in Manufacturing market report by the business research company identifies increasing need for customized products are expected to benefit the IoT in manufacturing market, as they enhance capabilities of manufacturers in discovering innovative ways to create customized products. Customers focus on tailor-made products lead to increase in demand for shorter manufacturing time. Companies in the industry are being pressurized to deliver enhanced and innovative products at a faster pace. Internet of things is one of the technological enablers for digitally transforming manufacturing and facilitating manufacturers to manufacture products in shorter duration.

The global IoT in manufacturing market is expected to grow from $172.27 billion in 2021 to $209.44 billion in 2022 at a compound annual growth rate (CAGR) of 21.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The IoT in manufacturing market is expected to reach $397.86 billion in 2026 at a CAGR of 17.4%.

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The regions covered in the IoT in manufacturing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the IoT in manufacturing market are Microsoft Corporation, SAP SE, Bosch Software Innovations GmbH, IBM Corporation, Cisco Systems, General Electric, Huawei, PTC Incorporation, Zebra Technologies, Siemens AG, Rockwell Automation, Wind River, Schneider Electric, Clearblade, Mocana, Impinj, Uptake, PalleTech, ELMODIS, Water.IO, SensEye, ARCSTONE, SupraControl, Zebra Technologies, Software AG, Texas Instruments, Hitachi Ltd., Konux and Robert Bosch GmbH

The global iot in manufacturing market is segmented -
1) By Component: Solution, Platform, Service
2) By Vertical: Energy And Utilities, Automotive, Food And Beverages, Aerospace And Defense, Chemicals And Materials, High-Tech Products, Healthcare
3) By Platform: Device Management Platform, Application Management Platform, Connectivity Management Platform
4) By Application: Process Optimization, Predictive Maintenance, Asset Management, Workforce Management, Emergency And Incident Management, Logistics And Supply Chain Management, Inventory Management

Subsegments: 1) By Services: Managed Services, Professional Services
2) By Solution: Network Management, Data Management, Device Management, Application Management, Smart Surveillance

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The IoT in Manufacturing Market Report Contents Include
1. Executive Summary
2. IoT in Manufacturing Market Characteristics
3. IoT in Manufacturing Market Trends And Strategies
4. IoT in Manufacturing Market - Macro Economic Scenario
......
25. Middle East IoT in Manufacturing Market
26. Africa IoT in Manufacturing Market
27. IoT in Manufacturing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The IoT in Manufacturing Market
29. IoT in Manufacturing Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the IoT in Manufacturing market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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