IoT in Manufacturing Market
IoT in Manufacturing Market Size, Share & Trends Analysis Report by Solution (Network Management, Data Management, Device Management, and Smart Surveillance), by Service (Managed Services and Professional Services) by Deployment Mode ( On-premises and Cloud) and by Application (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-Time Workforce Tracking & Management, Automation Control & Management, and Emergency & Incident Management & Business Communication) Forecast Period (2022-2028). Update Available - Forecast 2024-2030
IoT in manufacturing market is anticipated to grow at a significant CAGR of 11.6% during the forecast period. The concept of IoT or the ‘internet of things has gained rapid popularity in recent years. The use of IoT in applications across various industries has opened up a huge potential for the companies operating in this market. The growing demand for automated machines and equipment in the manufacturing industry will lead to the ample adoption of IoT concepts. Increasing demand for customization, growing expectations for simplified and easy-to-use machinery, and the requirement for efficient and reliable data will assist the growth of the IoT in manufacturing market.
Impact of COVID-19 Pandemic on Global IoT in Manufacturing Market
Due to the COVID-19 pandemic, the demand for IoT in manufacturing market has been increased. In manufacturing industry where all the operations were put on hold, the organizations have changed their priorities, such as organizations want to monitor the health and wellness of employees as they were working from home. . Furthermore, several factors such as the growing need for tracking real-time information, and the growing adoption of cloud-based manufacturing software were driving the growth of the market during the COVID-19 pandemic.
Segmental Outlook
The global IoT in manufacturing market is segmented based on the solution, services, deployment mode, and application. Based on the solution, the market is segmented into network management, data management, device management, and smart surveillance. Based on the services, the market is sub-segmented into managed services and professional services. Based on the deployment mode, the market is sub-segmented into the on-premises and cloud. Based on the application, the market is sub-segmented into predictive maintenance, business process optimization, asset tracking & management, logistics & supply chain management, real-time workforce tracking & management, automation control & management, and emergency & incident management & business communication. Among these asset tracking & management are expected to grow during the forecast period. Asset tracking and management streamlines operations reduce costs and increase productivity. By pursuing non-fixed assets in a factory environment, organizations automatically keep on top of available assets. Knowing where assets are located and what condition they are in support to reduce asset downtime, optimize asset productivity and maintenance of resources, and control inventory costs.
Global IoT in Manufacturing Market Share by Cloud, 2021 (%)
The Cloud Segment is expected to Holds the Major Share in the Global IoT in Manufacturing Market.
The cloud segment is expected to hold the major share in the global IoT in manufacturing market. The execution of the cloud-based IoT in manufacturing software facilitates SMEs and large enterprises to focus on their core competencies rather than IT processes. With the support of cloud-based IoT in manufacturing solutions, organizations can avoid costs associated to software, storage, and technical staff. The cloud-based IoT in manufacturing solutions provide a centralized way to integrate the system and its components with web and mobile applications and supports organizations in asset management, asset maintenance, and asset productivity in the manufacturing industry.
Regional Outlooks
The global IoT in manufacturing market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia Pacific region is expected to be the fastest-growing market during the forecast period due to the constant economic growth, increasing the young workforce, and the usage of tablets and smartphones for business purposes will lead toward the adaptation of enterprise mobility solutions to encounter the growing demand for securing and safeguard critical data.
Global IoT in Manufacturing Market Growth, by Region 2022-2028
The North America Region is Expected to Holds the Major Share in the Global IoT in Manufacturing Market.
North America is expected to hold the largest market share in the global IoT in Manufacturing Market during the forecast period. It has sustainable and well-established economies, empowering them to strongly invest in R&D activities, contributing to the development of new technologies. Furthermore, the US is the major contributor across North America, as the presence of a highly skilled workforce in manufacturing companies in the country is increasing the adoption of advanced technologies, including IoT and big data and analytics are the key factors driving the growth of the IoT in manufacturing in the US.
Market Players Outlook
The major companies serving the global IoT in manufacturing market include Atos SE, Bosch.IO GmbH, Cisco Systems, Inc., ClearBlade, Inc., General Electric Co, HCL Technologies Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2021, Cisco and Telstra signed a new contract to collaborate and continue their bridge regions with the powerful IoT network to support several industries, including retail, financial, and government.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global IoT in manufacturing market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global IoT in Manufacturing Market
• Recovery Scenario of Global IoT in Manufacturing Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global IoT in Manufacturing Market by Solution
4.1.1. Network Management
4.1.2. Data Management
4.1.3. Device Management
4.1.4. Smart Surveillance
4.2. Global IoT in Manufacturing Market by Services
4.2.1. Managed Services
4.2.2. Professional Services
4.3. Global IoT in Manufacturing Market by Deployment Mode
4.3.1. On-premises
4.3.2. Cloud
4.4. Global IoT in Manufacturing Market by Application
4.4.1. Predictive Maintenance
4.4.2. Business Process Optimization
4.4.3. Asset Tracking & Management
4.4.4. Logistics & Supply Chain Management
4.4.5. Real-Time Workforce Tracking & Management
4.4.6. Automation Control & Management
4.4.7. Emergency & Incident Management & Business Communication
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Atos SE
6.2. Bosch.IO GmbH
6.3. Cisco Systems, Inc.
6.4. ClearBlade, Inc.
6.5. General Electric Co
6.6. HCL Technologies Ltd.
6.7. Huawei Technologies Co., Ltd.
6.8. IBM Corp.
6.9. Impinj, Inc.
6.10. Intel Corp
6.11. Litmus Automation Inc.
6.12. Microsoft Corp.
6.13. Oracle Corp.
6.14. PTC Inc.
6.15. Samsara Inc.
6.16. Schneider Electric
6.17. Siemens AG
6.18. Software AG
6.19. Uptake Technologies Inc.
6.20. Zebra Technologies Corp.
1. GLOBAL IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
2. GLOBAL NETWORK MANAGEMENT FOR IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL DATA MANAGEMENT FOR IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL DEVICE MANAGEMENT FOR IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL SMART SURVEILLANCE FOR IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
7. GLOBAL MANAGED SERVICES FOR IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL PROFESSIONAL SERVICES FOR IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
10. GLOBAL ON-PREMISES BASED IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL CLOUD BASED IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
13. GLOBAL IOT IN MANUFACTURING FOR PREDICTIVE MAINTENANCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL IOT IN MANUFACTURING FOR BUSINESS PROCESS OPTIMIZATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL IOT IN MANUFACTURING FOR ASSET TRACKING & MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL IOT IN MANUFACTURING FOR LOGISTICS & SUPPLY CHAIN MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL IOT IN MANUFACTURING FOR REAL-TIME WORKFORCE TRACKING & MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL IOT IN MANUFACTURING FOR AUTOMATION CONTROL & MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL IOT IN MANUFACTURING FOR EMERGENCY & INCIDENT MANAGEMENT & BUSINESS COMMUNICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
21. NORTH AMERICAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
23. NORTH AMERICAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
24. NORTH AMERICAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
25. NORTH AMERICAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. EUROPEAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. EUROPEAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
28. EUROPEAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
29. EUROPEAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
30. EUROPEAN IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
35. ASIA-PACIFIC IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
36. REST OF THE WORLD IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
37. REST OF THE WORLD IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SOLUTION, 2021-2028 ($ MILLION)
38. REST OF THE WORLD IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
39. REST OF THE WORLD IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2021-2028 ($ MILLION)
40. REST OF THE WORLD IOT IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL IOT IN MANUFACTURING MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL IOT IN MANUFACTURING MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL IOT IN MANUFACTURING MARKET, 2022-2028 (%)
4. GLOBAL IOT IN MANUFACTURING MARKET SHARE BY SOLUTION, 2022 VS 2028(%)
5. GLOBAL NETWORK MANAGEMENT FOR IOT IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
6. GLOBAL DATA MANAGEMENT FOR IOT IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
7. GLOBAL DEVICE MANAGEMENT FOR IOT IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
8. GLOBAL SMART SURVEILLANCE FOR IOT IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
9. GLOBAL IOT IN MANUFACTURING MARKET SHARE BY SERVICES, 2022 VS 2028(%)
10. GLOBAL MANAGED SERVICES FOR IOT IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
11. GLOBAL PROFESSIONAL SERVICES FOR IOT IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
12. GLOBAL IOT IN MANUFACTURING MARKET SHARE BY SERVICES, 2022 VS 2028(%)
13. GLOBAL ON-PREMISES BASED IOT IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
14. GLOBAL CLOUD BASED IOT IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
15. GLOBAL IOT IN MANUFACTURING MARKET SHARE BY APPLICATION, 2022 VS 2028(%)
16. GLOBAL IOT IN MANUFACTURING FOR PREDICTIVE MAINTENANCE MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
17. GLOBAL IOT IN MANUFACTURING FOR BUSINESS PROCESS OPTIMIZATION MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
18. GLOBAL IOT IN MANUFACTURING FOR ASSET TRACKING & MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
19. GLOBAL IOT IN MANUFACTURING FOR LOGISTICS & SUPPLY CHAIN MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
20. GLOBAL IOT IN MANUFACTURING FOR REAL-TIME WORKFORCE TRACKING & MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
21. GLOBAL IOT IN MANUFACTURING FOR AUTOMATION CONTROL & MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
22. GLOBAL IOT IN MANUFACTURING FOR EMERGENCY & INCIDENT MANAGEMENT & BUSINESS COMMUNICATION MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
23. GLOBAL IOT IN MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2022 VS 2028(%)
24. US IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
25. CANADA IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
26. UK IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
27. FRANCE IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
28. GERMANY IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
29. ITALY IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
30. SPAIN IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF EUROPE IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
32. INDIA IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
33. CHINA IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
34. JAPAN IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
35. SOUTH KOREA IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
36. REST OF ASIA-PACIFIC IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
37. REST OF THE WORLD IOT IN MANUFACTURING MARKET SIZE, 2021-2028 ($ MILLION)
