[January 05, 2018]

$20.6 Billion Global IoT in Manufacturing Market 2017-2021 with Clearblade, Konux, Mocana, IMPINJ, Litmus Automation, Uptake Dominating - Research and Markets

The "IoT in Manufacturing Market by Software (Network & Application Security, Network Bandwidth, Remote Monitoring, Data Management, & Smart Surveillance), Platform, Service, Application, Vertical Markets, and Region - Global Forecast to 2021" report has been added to Research and Markets' offering.

The IoT in Manufacturing market size to grow from US$6.17 billion in 2016 to US$20.59 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 27.2%.

The report includes in-depth competitive analysis of these key players in the IoT in manufacturing market, with their company profiles, SWOT analysis, recent developments, and key market strategies. The research report segments the IoT in manufacturing market by platform, software, services, application, vertical markets, and region.

North America is expected to hold the largest market share and would dominate the IoT in manufacturing market from 2016 to 2021. This region has major dominance with sustainable and well-established economies, empowering them to strongly invest in research and development activities, thereby contributing to the development of new technologies such as IoT, big data, DevOps, and mobility. Further, the advent of small and medium enterprises and start-up culture in North America is growing at a faster pace as compared to other regions.

The Asia-Pacific (APAC) has witnessed the advanced and dynamic adoption of new technologies and has always been a lucrative market; it is estimatedto grow at the highest CAGR in the IoT in manufacturing marketduring the forecast period, which can be attributed to various initiatives taken by countries such as China, Australia, Japan, India, and Singapore.

Market Trends

Drivers

• Growing Need for Centralized Monitoring and Predictive Maintenance of Manufacturing Infrastructure
• Demand-Driven Supply Chain and Connected Logistics
• Need for Agile (News - Alert) Production, Operational Efficiency, and Control
• Advent of Advanced Data Analytics And Data Processing
• Increase in Regulatory Compliances
• Advent of Intelligent Machine Applications

Restraints

• Lack of Standards for Interconnectivity and Interoperability
• Data Security and Privacy Concerns
• Shadow IT Risk

Opportunities

• Autonomous Outcome and Pull Economy
• Content Maturity Model
• Shared Security Model

Challenges

• Data Migration from Legacy Systems to New Systems
• Conflicts Regarding Ownership of Data
• Inconsistent Business Semantics

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Global Iot in Manufacturing Market Analysis, By Component

8 Global IoT in Manufacturing Market Analysis, By Software

9 Global IoT in Manufacturing Market Analysis, By Platform

10 Global IoT in Manufacturing Market Analysis, By Service

11 Global IoT in Manufacturing Market Analysis, By Application

12 Global IoT in Manufacturing Market Analysis, By Vertical Market

13 Geographic Analysis

14 Competitive Landscape

15 Company Profiles

• PTC Incorporation
• Cisco (News - Alert) Systems, Inc.
• General Electric
• IBM Corporation
• SAP SE
• Zebra Technologies
• Rockwell Automation
• Siemens (News - Alert) AG
• Huawei
• Microsoft Corporation
• Bosch Software Innovations GmbH
  

16 Key Innovators

• Clearblade Inc.
• Konux
• Mocana (News - Alert)
• IMPINJ
• Litmus Automation
• Uptake
  

For more information about this report visit https://www.researchandmarkets.com/research/89bvjn/20_6_billion?w=4

View source version on businesswire.com: http://www.businesswire.com/news/home/20180105005637/en/

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