Report Published: "Internet of Things (IoT) in Manufacturing Market - Global Forecast to 2020"

From: Fast Market Research, Inc.
Published: Tue Jan 12 2016


Internet of Things (IoT) in Manufacturing Market by Software (Analytics, Network Management, Remote Monitoring, Security), Application (Predictive Maintenance, Logistics & Supply Chain Management), Platform, Service, & by Vertical - Global Forecast to 2020

"Rising need for operational efficiency and increasing penetration of connected devices are driving the IoT in manufacturing market"

The IoT in manufacturing market size is estimated to grow from USD 4.11 billion in 2015 to USD 13.49 billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 26.9%. This growth is driven by factors such as need for operational efficiency, decreasing hardware and connectivity cost and increasing penetration of connected devices.

"NFC is expected to gain maximum traction during the forecast period"

Full Report Details at
- http://www.fastmr.com/prod/1098984_internet_of_things_iot.aspx?afid=301

Near Field Communication (NFC) is estimated to grow at the highest CAGR during the forecast period due to decrease in hardware cost. Managed service is expected to grow at the highest rate between 2015 and 2020. Due to increasing technological adoption, Asia-Pacific (APAC) is projected to witness fastest growth rate among regions.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts to obtain and verify critical qualitative and quantitative information as well as assess future market prospects. Distribution of primary interviews is as follows:

* By Company Type: Tier 1- 60%, Tier2-27%, and Tier 3-13%
* By Designation: C-Level-50%, Director Level-30%, and Others*-20%
* By Region: North America-30%, Europe-20%, Asia-Pacific-20%, and RoW-30%

Note: *Others include sales managers, marketing managers, and product managers

The tier of the companies is defined on the basis of their total revenue, as of 2013: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion and Tier 3 =<USD 1 billion

The latest trends in IoT in manufacturing include growing IoT integration across different verticals, diversification of IT giants toward providing analytics and security software, and cost benefits of predictive maintenance. The availability of cloud deployment options for IoT manufacturing has further provided a huge opportunity.

The key innovators profiled in the report are as follows:

1. Cisco

2. General Electric

3. Intel

4. IBM

5. Siemens

6. CSC

7. Microsoft

8. PTC

9. SAP

10. Zebra Technologies

11. Bosch Software Innovation

The report will help the market leaders/new entrants in this market in the following ways:

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For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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- Big Data in Internet of Things (IoT): Key Trends, Opportunities and Market Forecasts 2015 - 2020
- Security and Privacy in the Internet of Things (IoT): Challenges, Market Opportunities and Forecast 2015 - 2020
- Embedded Infrastructure and Devices in the Internet of Things (IoT) Ecosystem: Next Generation Embedded System Hardware, Software, Tools, and OSs 2015 - 2020

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