IoT in Manufacturing Market

IoT in Manufacturing Market, By Software (Application Security Software, Data Management and Analytics Software, Monitoring Software, Network Management, and Other Software Types), By Connectivity (Satellite Network, Cellular Network, RFID, NFC, Wi-Fi, and Other Connectivity Types), By Services (Professional Services, Managed Services), By Application (Process Optimization, Predictive Maintenance, Asset Management, Workforce Management, Emergency and Incident Management, Logistics and Supply Chain Management, and Inventory Management), By End User Industry (Automotive Manufacturing, Food and Agriculture Equipment Manufacturing, Industrial Equipment Manufacturing, Electronics and Communication Equipment Manufacturing, Chemicals and Materials Equipment Manufacturing, and Other End-user Industries), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Managing a manufacturing business requires balancing the need to optimize production while keeping costs down. IoT helps manufacturers increase efficiency by making data-driven decisions in real-time to improve product quality and reduce commercial distribution of defective products, resulting in happier customers and increased profitability. The Internet of Things (IoT) is transforming many industries, and manufacturers are no exception. IoT in manufacturing is changing the way that businesses operate, reducing operating expenses and increasing production quality. IoT technologies can automate workflows, track inventory, and monitor machine health to improve productivity and reduce costs. This can increase the number of goods a manufacturer can produce and decrease the amount of wasted resources.

Market Dynamics:

Sustained economic expansion, rising young workforce and the growing adoption of smartphones and tablets for business purposes is expected to augment growth of the global IoT in manufacturing market over the forecast period. Moreover, the increasing infusion of automation in industries and government initiatives to promote technology uptake are fueling market growth.

However, the lack of a skilled workforce has been hindering the implementation and advancement of industrialization in emerging economies. This is expected to hamper growth of the global IoT in manufacturing market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global IoT in manufacturing market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global IoT in manufacturing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Cisco Systems Inc., SAP SE, General Electric, Microsoft Corporation, Intel Corporation, Siemens AG, IBM Corporation, Qualcomm, Verizon Communication Inc., and AT&T Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global IoT in manufacturing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global IoT in manufacturing market

Detailed Segmentation:

Global IoT in Manufacturing Market, By Software

Application Security Software

Data Management and Analytics Software

Monitoring Software

Network Management

Other Software Types

Global IoT in Manufacturing Market, By Connectivity

Satellite Network

Cellular Network

RFID

NFC

Wi-Fi

Other Connectivity Types

Global IoT in Manufacturing Market, By Services

Professional Services

Managed Services

Global IoT in Manufacturing Market, By Application

Process Optimization

Predictive Maintenance

Asset Management

Workforce Management

Emergency and Incident Management

Logistics and Supply Chain Management

Inventory Management

Global IoT in Manufacturing Market, By End-User Industry

Automotive Manufacturing

Food and Agriculture Equipment Manufacturing

Industrial Equipment Manufacturing

Electronics and Communication Equipment Manufacturing

Chemicals and Materials Equipment Manufacturing

Other End-user Industries

Global IoT in Manufacturing Market, By Geography

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Company Profiles:

Cisco Systems Inc.

General Electric

Intel Corporation

IBM Corporation

Verizon Communication Inc.

AT&T Inc.

Qualcomm

Siemens AG

Microsoft Corporation

SAP SE


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Software
Market Snapshot, By Connectivity
Market Snapshot, By Services
Market Snapshot, By Application
Market Snapshot, By End User Industry
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing technological developments in data analytics
Constant evolution of value chain
Restraints
Security concerns
Lack of infrastructure, capital, and awareness
Opportunities
Growing demand for predictive maintenance and centralized monitoring
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global IoT in Manufacturing Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global IoT in Manufacturing Market, By Software, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Application Security Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Data Management and Analytics Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Monitoring Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Network Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2027-2030,(US$ Bn)
Other Software Types
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2027-2030,(US$ Bn)
6. Global IoT in Manufacturing Market, By Connectivity, 2027-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
Satellite Network
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Cellular Network
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
RFID
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
NFC
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Wi-Fi
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Other Connectivity Types
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
7. Global IoT in Manufacturing Market, By Services, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
Professional Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Managed Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
8. Global IoT in Manufacturing Market, By Application, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
Process Optimization
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Predictive Maintenance
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Asset Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Workforce Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Emergency and Incident Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Logistics and Supply Chain Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Inventory Management
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
9. Global IoT in Manufacturing Market, By End User Industry, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018– 2030
Segment Trends
Automotive Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Food and Agriculture Equipment Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Industrial Equipment Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Electronics and Communication Equipment Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Chemicals and Materials Equipment Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Other End-user Industries
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
10. Global IoT in Manufacturing Market, By Region, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2018 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2023–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Services, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Services, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Services, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Services, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Software, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Services, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
11. Competitive Landscape
Cisco Systems Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
General Electric
Intel Corporation
IBM Corporation
Verizon Communication Inc.
AT&T Inc.
Qualcomm
Siemens AG
Microsoft Corporation
SAP SE
Analyst Views
12. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on "Global IoT in Manufacturing Market” - Global forecast to 2030

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