Global Internet of Things (IoT) Manufacturing Market is expected to reach up to US$ XX Bn at CAGR of around 13% during forecast period.The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.
The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Global Internet of Things (IoT) in Manufacturing Market is segmented by service, application, vertical, geography.
On the basis of service, the market is divided by Managed Services, Professional Services, Infrastructure Services, System Designing and Integration Services, Support and Maintenance Services, Training Services.
Based on the application market is segmented into Predictive Maintenance, Business Process Optimization, Logistics and Supply Chain Management, Real-Time Workforce Tracking and Management, Automation Control and Management, Emergency and Incident Management.According to the vertical market is divided into Energy and Utilities, Automotive, Food and Beverage, Aerospace and Defence, Chemicals and Materials, High-Tech Products, Healthcare, Others.
Geographically market is spread by North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa.Global Internet of Things (IoT) in Manufacturing Market is one of the rapidly progressing sector accounting for the maximum share in the global IoT spending.
Network control and management of manufacturing equipment, asset and situation management bring the IoT within the realm of industrial applications and smart manufacturing as well.