Global IoT in Manufacturing Market
Dublin, May 23, 2022 (GLOBE NEWSWIRE) -- The "IoT in Manufacturing Market Research Report: By Component, Deployment, Application, End-User - Latest Trends and Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The IoT in manufacturing market 2021 value stood at an estimated $62.1 billion, and it will increase to $200.3 billion by 2030, at a 13.9% CAGR between 2021 and 2030. To further enhance the IoT solutions in use, industrialists are deploying artificial intelligence (AI) to analyze the data generated by IoT sensors in real time and make sound decisions. In turn, the key reason behind the rapid installation of IoT and connected sensors in the manufacturing sector is the swift automation of production processes. The main idea behind the Industry 4.0 revolution is the enhancement of production and reduction of operational costs. IoT helps create and streamline affordable, responsive, and effective system architectures, which is why its deployment is rising in the manufacturing sector. Key Findings of IoT in Manufacturing Market Report
Associated solutions have witnessed the higher demand over services till now as companies race to automate their manufacturing processes with IoT sensors and accompanying software.
In the coming years, the majority of the industrialists will avail of IoT software via the cloud, to easily scale up or down their data usage, access solutions in short time, and avoid spending on expensive IT infrastructure.
Predictive maintenance is the most-significant application in the IoT in manufacturing market because it allows users to know of any impending system malfunction and correct the problem before machines break down.
Being the most-technologically advanced region, North America displays the highest usage of IoT in the manufacturing sector. Considering the high demand for these solutions, vendors are collaborating with industrialists to develop smart production machines.
Across the world, the adoption of IoT is the highest in the automotive sector, which is scrambling to meet the rising demand for automobiles, therefore automating and speeding up its assembly and other processes.
Another key driver for the IoT in manufacturing market is the fact that such solutions improve the inventory management process. By integrating IoT into radiofrequency identification (RFID) scanners, manufacturers can track the inventory from the time of ordering to delivery.
Due to all these advantages, industrialists in Asia-Pacific (APAC) will adopt IoT at the highest pace in the world. Led by initiatives such as Made in China 2025, Making Indonesia 4.0, and Make in India, the regional manufacturing sector is undergoing technological evolution and automation. Moreover, with the burgeoning regional population impelling industrialists to augment production, they are deploying the IoT technology for various processes. This presents lucrative growth opportunities to IoT in manufacturing market players, including General Electric Company, International Business Machines (IBM) Corporation, Cisco Systems Inc., Microsoft Corporation, Siemens AG, PTC Inc., Robert Bosch GmbH, Atos SE, Huawei Technology Co. Ltd., and HCL Technology Ltd. To leverage them, these companies are engaging in mergers & acquisitions and solution & service launches. Key Topics Covered: Chapter 1. Research Background Chapter 2. Research Methodology Chapter 3. Executive Summary Chapter 4. Voice of Industry Experts/Kols Chapter 5. Market Indicators 5.1 Internet Penetration Chapter 6. Definition of Market Segments 6.1 by Component 6.1.1 by Solution 6.1.1.1 Network Management 6.1.1.2 Data Management 6.1.1.3 Device Management 6.1.1.4 Application Management 6.1.1.5 Smart Surveillance 6.1.2 by Service 6.1.2.1 Managed Service 6.1.2.2 Professional Service 6.2 by Development 6.2.1 On-Premises 6.2.2 Cloud 6.3 by Application 6.3.1 Predictive Maintenance 6.3.2 Business Process Optimization 6.3.3 Asset Tracking and Management 6.3.4 Logistics and Supply Chain Management 6.3.5 Real-Time Workforce Tracking and Management 6.3.6 Automation Control and Management 6.3.7 Emergency and Incident Management 6.4 by End-user 6.4.1 Automotive 6.4.2 Food and Agricultural Equipment 6.4.3 Chemical and Material Equipment 6.4.4 Medical Device 6.4.5 Industrial Equipment 6.4.6 Electronics and Communication Equipment Chapter 7. Industry Outlook 7.1 Market Dynamics 7.1.1 Trends 7.1.1.1 Growing Adoption of Ai 7.1.2 Drivers 7.1.2.1 Industrial Automation 7.1.2.2 Improved Inventory Management 7.1.3 Impact Analysis of Drivers on Market Forecast 7.1.4 Restraints 7.1.4.1 High Implementation Cost 7.1.5 Impact Analysis of Restraints on Market Forecast 7.2 Impact of Covid-19 7.3 Porter's Five Forces Analysis 7.3.1 Bargaining Power of Buyers 7.3.2 Bargaining Power of Suppliers 7.3.3 Intensity of Rivalry 7.3.4 Threat of New Entrants 7.3.5 Threat of Substitutes Chapter 8. Global Market Size and Forecast 8.1 Overview 8.2 by Component 8.2.1 Solution, by Type 8.2.2 Service, by Type 8.3 by Deployment 8.4 by Application 8.5 by End-user 8.6 by Region
Chapter 9. North America Market Size and Forecast
Chapter 10. Europe Market Size and Forecast
Chapter 11. APAC Market Size and Forecast
Chapter 12. LATAM Market Size and Forecast
Chapter 13. MEA Market Size and Forecast
Chapter 14. U.S. Market Size and Forecast
Chapter 15. Canada Market Size and Forecast
Chapter 16. Germany Market Size and Forecast
Chapter 17. France Market Size and Forecast
Chapter 18. U.K. Market Size and Forecast
Chapter 19. Italy Market Size and Forecast
Chapter 20. Spain Market Size and Forecast
Chapter 21. China Market Size and Forecast
Chapter 22. Japan Market Size and Forecast
Chapter 23. India Market Size and Forecast
Chapter 24. South Korea Market Size and Forecast
Chapter 25. Australia Market Size and Forecast
Chapter 26. Brazil Market Size and Forecast
Chapter 27. Mexico Market Size and Forecast
Chapter 28. Saudi Arabia Market Size and Forecast
Chapter 29. South Africa Market Size and Forecast
Chapter 30. Competitive Landscape 30.1 List of Market Players and Their Offerings 30.2 Market Share Analysis of Key Players 30.3 Recent Strategic Developments of Market Players 30.3.1 Product Launches 30.3.2 Mergers & Acquisitions Chapter 31. Company Profiles 31.1 General Electric Company 31.1.1 Business Overview 31.1.2 Product and Service Offerings 31.1.3 Key Financial Summary 31.2 Cisco Systems Inc. 31.2.1 Business Overview 31.2.2 Product and Service Offerings 31.2.3 Key Financial Summary 31.3 International Business Machines (Ibm) Corporation 31.3.1 Business Overview 31.3.2 Product and Service Offerings 31.3.3 Key Financial Summary 31.4 Microsoft Corporation 31.4.1 Business Overview 31.4.2 Product and Service Offerings 31.4.3 Key Financial Summary 31.5 Ptc Inc. 31.5.1 Business Overview 31.5.2 Product and Service Offerings 31.5.3 Key Financial Summary 31.6 Siemens AG 31.6.1 Business Overview 31.6.2 Product and Service Offerings 31.6.3 Key Financial Summary 31.7 Robert Bosch GmbH 31.7.1 Business Overview 31.7.2 Product and Service Offerings 31.7.3 Key Financial Summary 31.8 Huawei Technology Co. Ltd. 31.8.1 Business Overview 31.8.2 Product and Service Offerings 31.8.3 Key Financial Summary 31.9 Atos Se 31.9.1 Business Overview 31.9.2 Product and Service Offerings 31.9.3 Key Financial Summary 31.10 Hcl Technologies Limited 31.10.1 Business Overview 31.10.2 Product and Service Offerings 31.10.3 Key Financial Summary 31.11 Oracle Corporation 31.11.1 Business Overview 31.11.2 Product and Service Offerings 31.11.3 Key Financial Summary Chapter 32. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/gzohbc
Global IoT in Manufacturing Market
(Bloomberg) -- Bill Gates has a short position against Tesla Inc. that would now need between $1.5 billion and $2 billion to close out, Elon Musk said Friday in a series of tweets.Most Read from BloombergElon Musk Says Bill Gates Has ‘Multi-Billion Dollar’ Tesla Short PositionElizabeth Holmes Urges Judge to Overturn Verdict and Acquit HerWalmart, Gap and Others Amass $45 Billion in Extra Stuff to SellRussian Wins in Eastern Ukraine Spark Debate Over Course of WarUkraine Latest: EU Leaders Talk t
Fight back against inflation. This is how Dalio does it.
Stop investing in mediocre businesses. Buy the best, instead.
Real estate mogul Barbara Corcoran didn't mince words when asked about Tesla (TSLA) CEO Elon Musk's recent behavior.
When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.
The stock market pulled back from the brink of a bear market as rate-hike expectations eased, at least for now. Here's what it will take to signal a bottom.
‘Both are insistent that I'm taking money that is morally theirs. There's no changing their mind.’
The stock market selloff has made many stocks look cheap—but smart investors need to be selective. Here are six high-quality companies that trade at reasonable valuations.
Stocks have been inching back in recent days from the brink of bear market territory. It may be time to scoop up shares at steep discounts.
(Bloomberg) -- The stock market has staged a ferocious rebound in the past week after almost falling into a bear market. Don’t get too excited about that, says Victoria Greene, founding partner and chief investment officer at G Squared Private Wealth.Most Read from BloombergElon Musk Says Bill Gates Has ‘Multi-Billion Dollar’ Tesla Short PositionElizabeth Holmes Urges Judge to Overturn Verdict and Acquit HerWalmart, Gap and Others Amass $45 Billion in Extra Stuff to SellRussian Wins in Eastern U
The top-ranked companies on dividend payout ratios outperformed those stocks with less robust buyback activity—10.9% versus 9.3% on an annual basis over the 20-year period that concluded at the end of 2019.
The stock market ended its multiweek losing streak, and like a sports team that finally got a win, it’s worth celebrating. It just doesn’t mean the team—or this stock market—is any good. “Stocks finally enjoyed a strong bounce this week,” writes Canaccord Genuity analyst Martin Roberge.
‘I have made an earnest attempt to get the bank to take their money back, so I was wondering if at any point or time the money would become legally mine.’
Whether you're looking for household goods at discounted prices or need to buy your grocery items in bulk, Costco is the go-to retailer for millions of shoppers across the U.S. But despite its ability to attract a loyal following, Costco has made a number of changes recently that haven't thrilled customers. In April, the warehouse retailer got rid of its special COVID hours for seniors, and just this month, Costco ended its mortgage program for members. Now, the retailer has a new warning for sh
If we can find high-quality stocks with high dividend yields, all the better. In this article, we'll take a look at three high-yield stocks that are also attractive on a total return basis. The company targets the lower end of the market with smaller, more attainable single-family homes in 15 states in the U.S. In addition, it has a mortgage-origination business for its homebuyers, insurance coverage for the homes it sells, and related products and services.
Many Americans are surprised to see they have not prepared as well as they had hoped for retirement when they finally get ready to call it quits. The bad news is, you’ll probably have to make some realistic assumptions of what your retirement will look like. If you’ve lived primarily paycheck to paycheck in your working years, that may continue to feel the case in your retirement.
Qualcomm CEO Cristiano Amon weighs in on the outlook for the semiconductor industry and his company's future.
In this article, we will discuss some of the notable stocks analysts are upgrading today. To take a look at some more stocks that are being upgraded, go to Analysts Are Upgrading These 5 Stocks on Friday. The US market closed in the green for the first time in the last seven weeks as positive […]
Investors finally got the week they had hoped to see, producing a sizable rebound from last week's stock market lows. There's still plenty of uncertainty in the economy, but investors are starting to think that the Federal Reserve might not be as aggressive as feared in fighting inflation. The Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) were all up substantially on the week, including big gains on Friday.
Financial technology company Upstart Holdings (NASDAQ: UPST) has proven to be one of the most volatile stocks on Wall Street since going public at the end of 2020. Investors were shocked when Upstart's 2022 first-quarter earnings report revealed a surge in loans on the company's balance sheet, a potentially risky situation in an economy that appears to be slowing. Upstart receives a fee for the loans it touches, making it more a technology platform than an actual lender.