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Global $215 Billion Smart Connected Assets and Operations Market 2016-2022: Increasing Opportunites in APM Software & Platform is Expected to Drive the Market - Research and MarketsResearch and Markets has announced the addition of the "Smart Connected Assets and Operations Market by Module (Hardware-Sensors, Processors, Network Connectivity- Wired & Wireless; APM Software & Platform, and Services- Professional & Managed), Industry, and Geography - Global Forecast to 2022" report to their offering. Smart connected assets and operations market is expected to grow at a high rate during the forecast period The smart connected assets and operations market was valued at USD 103.82 billion in 2015 and is expected to reach USD 215.53 billion by 2022, at a CAGR of 10.26% during the forecast period. The market growth can be attributed to the increasing demand for reduction in cost and energy, and enhanced operational performance. As a result of the setting up large data center, the smart connected assets and operations system have a greater opportunity. The market for Automotive & Transportation industry is expected to grow at the highest CAGR between 2016 and 2022. The IIoT platform in transportation application provides a range of infotainment, traffic, navigation, vehicle mainenance, security, and safety features. IIoT in transportation forms an entirely novel mobile platform by bringing together component suppliers, auto manufacturers, telecom vendors, and content providers. As China and Japan are the largest market for semiconductor devices hence there is high opportunity for the smart connected assets and operations market to grow. Additionally, the government initiatives such as Make in India and Digital India help the overall market to grow. The manufacturing industry is rapidly transforming as technology, competition, and the evolving demands of global consumers dictate the need for continuously improving efficiencies and flexibility. The Internet of Things (IoT) overtake human communications rapidly, they can communicate much faster, much more frequently, than humans. IIoT represents a very important segment, which includes manufacturing, automation, and virtually any process or operation that does not directly involve direct consumer interaction. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insight 5 Market Overview 6 Industry Trends 7 Smart Connected Assets And Operations Market, By Module 8 Smart Connected Assets And Operations Market, By Industry 9 Geographic Analysis 10 Competitive Landscape 11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/ws8fz8/smart_connected
View source version on businesswire.com: http://www.businesswire.com/news/home/20161206005694/en/ |
