IoT in Manufacturing Market Set to Witness Significant Growth by 2034 | SAP SE, Huawei Technologies Co. Ltd., and Intel Corporation

IoT in manufacturing market size was approximately USD 65.8 billion in 2024, projected to reach USD 181.9 billion by 2034, with a CAGR of ~10.7% from 2024 to 2034.

IoT in Manufacturing Market Overview

The IoT in Manufacturing market is undergoing rapid expansion, driven by the push toward Industry 4.0 and the growing adoption of connected sensors, edge computing, and AI across production floors. These technologies enable predictive maintenance, asset tracking, process optimization, and real-time analytics-helping manufacturers reduce downtime and increase efficiency. Major verticals such as automotive, electronics, and heavy machinery are notable adopters. Geographically, Asia-Pacific is emerging as a fast-growing region, thanks to digitalization initiatives and automation investments, while North America and Europe maintain dominant positions. Key growth drivers include proliferation of 5G, expanding cloud and edge ecosystems, and heightened demand for smart, resilient supply chains.

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Advantages of requesting a Sample Copy of the Report:
1) To understand how our report can bring a difference to your business strategy
2) To understand the analysis and growth rate in your region
3) Graphical introduction of global as well as the regional analysis
4) Know the top key players in the market with their revenue analysis
5) SWOT analysis, PEST analysis, and Porter's five force analysis

The report further explores the key business players along with their in-depth profiling
Siemens AG, IBM Corporation, Cisco Systems Inc., Microsoft Corporation, General Electric Company, PTC Inc., Rockwell Automation Inc., SAP SE, Huawei Technologies Co. Ltd., and Intel Corporation.

IoT in Manufacturing Market Segments:

By Component
• Hardware
• Software
• Services

By Application
• Predictive Maintenance & Asset Management
• Production Monitoring & Management
• Supply Chain & Logistics Management
• Workforce Management
• Quality Control & Assurance
• Others

By Deployment Mode
• On-Premises
• Cloud

By Organization Size
• Small & Medium Enterprises (SMEs)
• Large Enterprises

By Industry Vertical
• Automotive
• Energy & Utilities
• Food & Beverages
• Chemicals
• Electronics & Semiconductors
• Heavy Metals & Machinery
• Pharmaceuticals
• Others

Report Drivers & Trends Analysis:
The report also discusses the factors driving and restraining market growth, as well as their specific impact on demand over the forecast period. Also highlighted in this report are growth factors, developments, trends, challenges, limitations, and growth opportunities. This section highlights emerging IoT in Manufacturing Market trends and changing dynamics. Furthermore, the study provides a forward-looking perspective on various factors that are expected to boost the market's overall growth.

Competitive Landscape Analysis:
In any market research analysis, the main field is competition. This section of the report provides a competitive scenario and portfolio of the IoT in Manufacturing Market's key players. Major and emerging market players are closely examined in terms of market share, gross margin, product portfolio, production, revenue, sales growth, and other significant factors. Furthermore, this information will assist players in studying critical strategies employed by market leaders in order to plan counterstrategies to gain a competitive advantage in the market.

Regional Outlook:
The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered. The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

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Key Benefits for Stakeholders:
⏩ The study represents a quantitative analysis of the present IoT in Manufacturing Market trends, estimations, and dynamics of the market size from 2025 to 2032 to determine the most promising opportunities.
⏩ Porter's five forces study emphasizes the importance of buyers and suppliers in assisting stakeholders to make profitable business decisions and expand their supplier-buyer network.
⏩ In-depth analysis, as well as the market size and segmentation, help you identify current IoT in Manufacturing Market opportunities.
⏩ The largest countries in each region are mapped according to their revenue contribution to the market.
⏩ The IoT in Manufacturing Market research report gives a thorough analysis of the current status of the IoT in Manufacturing Market's major players.

Key questions answered in the report:
➧ What will the market development pace of the IoT in Manufacturing Market?
➧ What are the key factors driving the IoT in Manufacturing Market?
➧ Who are the key manufacturers in the market space?
➧ What are the market openings, market hazards,s and market outline of the IoT in Manufacturing Market?
➧ What are the sales, revenue, and price analysis of the top manufacturers of the IoT in Manufacturing Market?
➧ Who are the distributors, traders, and dealers of IoT in Manufacturing Market?
➧ What are the market opportunities and threats faced by the vendors in the IoT in Manufacturing Market?
➧ What are deals, income, and value examination by types and utilizations of the IoT in Manufacturing Market?
➧ What are deals, income, and value examination by areas of enterprises in the IoT in Manufacturing Market?

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Reasons To Buy The IoT in Manufacturing Market Report:
➼ In-depth analysis of the market on the global and regional levels.
➼ Major changes in market dynamics and competitive landscape.
➼ Segmentation on the basis of type, application, geography, and others.
➼ Historical and future market research in terms of size, share growth, volume, and sales.
➼ Major changes and assessment in market dynamics and developments.
➼ Emerging key segments and regions
➼ Key business strategies by major market players and their key methods

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Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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