IoT in Manufacturing Market

1. IoT in Manufacturing Market to Witness Robust Expansion by 2029 The global IoT in manufacturing market is anticipated to grow at a considerable CAGR of 11.6% during the forecast period (2022-2028). The IoT market is expected to grow due to factors such as the development of wireless networking, digital storage and processing, and the efficiency of computing structures. In addition, IoT applications are driven by the growth of innovative software applications and analysis, such as recent advances in machine-learning techniques for big data analytics. Additionally, the global IoT market is expected to grow owing to the high market competition and end-user demand, manufacturers are more concerned with producing high volume and quality products. This, in turn, has led them to pay attention to core areas, including production process, asset monitoring, and maintenance and support of assets, in the factory. To Request a Sample of our Report on IoT in Manufacturing Market https://www.omrglobal.com/request-sample/iot-in-manufacturing-market Furthermore, the market players are considerably contributing to the market growth by the adoption of various strategies such as mergers & acquisitions. For instance, In April 2021, PTC and Technion, which is an Israel Institute of Technology entered into a long-term strategic collaboration. With this collaboration, PTC will invest USD 5 million in PTC’s Haifa Campus and also establish a research and development center. Under the collaboration, both PTC and Technion will research and improve the processes relating to advanced manufacturing technology. A full Report of IoT in Manufacturing Market https://www.omrglobal.com/industry-reports/iot-in-manufacturing-market Market Coverage    The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered-     By Solution By Services By Deployment Mode By Application Regions Covered-      North America Europe Asia-Pacific Rest of the World Competitive Landscape- including Atos SE, Bosch.IO GmbH, Cisco Systems, Inc., ClearBlade, Inc., General Electric Co, HCL Technologies Ltd., and others. Key questions addressed by the report          What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? How COVID-19 impacted the market? Deviation from the pre-COVID-19 forecast Most affected region and segment Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? Global IoT in Manufacturing Market Report Segment By Solution     Network Management Data Management Device Management Smart Surveillance By Services   Managed Services Professional Services By Deployment Mode    On-Premises Cloud

2. By Application        Predictive Maintenance Business Process Optimization Asset Tracking & Management Logistics & Supply Chain Management Real-Time Workforce Tracking & Management Automation Control & Management Emergency & Incident Management & Business Communication For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/iot-in-manufacturing-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404