Internet of Things (IoT) in Manufacturing Market to Exhibit a Remarkable CAGR of 18.52% by 2030, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the internet of things (IoT) in manufacturing market, valued at USD 24.65 billion in 2022, will reach USD 95.98 billion by 2030, growing at a CAGR of 18.52% during the forecast period of 2023 to 2030. 

The Internet of Things (IoT) is a system of interconnected gadgets that allows data transfer and communication through the use of embedded sensors. Applications for IoT in manufacturing include fleet management, connected operational intelligence, and real-time asset monitoring. Industrial applications of computers, such as manufacturing and energy management, are networked with connected sensors, instruments, and other devices under the umbrella of the "industrial internet of things" (IoT).

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Some of the major players operating in the internet of things (IoT) in manufacturing market report are Cisco Systems, Inc. (U.S.), Siemens (Germany), ABB (Switzerland), Huawei Technologies Co., Ltd (China), Hitachi Vantara LLC (U.S.), Qualcomm Technologies, Inc. (U.S.), Rockwell Automation (U.S.), General Electric (U.S.), SAP SE (Germany), Microsoft (U.S.), Fujitsu (Japan), IBM (U.S.), Robert Bosch GmbH (Germany), Uptake Technologies Inc. (U.S.), Litmus Automation Inc. (U.S.), ClearBlade, Inc. (U.S.), Schneider Electric (France), Tech Mahindra Limited (India), Zebra Technologies Corporation (U.S.), Verizon (U.S.) among others.

Competitive Landscape and Internet of Things (IoT) in Manufacturing Market Share Analysis :

The internet of things (IoT) in manufacturing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to internet of things (IoT) in manufacturing market.

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