The global IoT in manufacturing market is anticipated to grow at a considerable CAGR of 11.6% during the forecast period. 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 learn more about this report request a free sample copy @ 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.

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

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

A full report of IoT in Manufacturing Market available @ https://www.omrglobal.com/industry-reports/electric-hair-styling-tools-market

IoT in Manufacturing Market Report Segment by Region

North America          

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific   

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

·        Atos SE

·        Bosch.IO GmbH 

·        Cisco Systems, Inc.

·        ClearBlade, Inc.

·        General Electric Co

·        HCL Technologies Ltd.

·        Huawei Technologies Co., Ltd.

·        IBM Corp.

·        Impinj, Inc.

·        Intel Corp

·        Litmus Automation Inc.

·        Microsoft Corp.

·        Oracle Corp.

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Contact Person: Mr. Anurag Tiwari

Email: anurag@omrglobal.com

Contact no: +91 780-304-0404

Company Name: Orion Market Research

Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f