IoT in Discrete Manufacturing Market | Key Players Insights, Business Growth Statistics, Trends and Forecast Report 2023
IoT in Discrete Manufacturing Market added by Reportsweb to its database. The report covers the market landscape and its growth prospects over the coming years.
(EMAILWIRE.COM, June 01, 2018 ) Manufacturing is on the cusp of IT revolution. The manufacturing sector is one of the earliest adopters of automated processes and robots, and have been utilizing sensor-based technologies for decades, though without realizing their full potential. New technologies are being used not only to make the process more effective but also to radically improve visibility in manufacturing to the point where each production unit will be visible in the entire process.
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IoT is considered as an extension of connectivity and automation, mostly in M2M communications. Under IoT, while the sensors are responsible for the generation of data, cyber-physical systems are meant to cooperate & communicate with each other and the humans in real-time. The requirement is to decentralize the decision making across the system and facilitate the cyber-physical system to take decisions on their own.
According to Infoholic Research, the "Worldwide IoT in Discrete Manufacturing Market" is expected to reach $49.85 billion by 2022, growing at a CAGR of around 25.1% during the forecast period 2016-2022. At present, the discrete manufacturers are facing various challenges such as shorter innovation cycle, high resource volatility, customer expectations and competition in terms of differentiation. The manufacturing organizations have prioritized technology-driven innovation to address these challenges. Thus, advanced data processing technologies, analytical forecasting models, and IoT are likely to drive significant change in the manufacturing industry in the next 5-10 years.
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Table of Contents
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 PEST Analysis
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
4 Market Outlook
4.1 Overview
4.2 Market Trends
4.3 Market Definition
4.4 Market Segmentation
4.4.1 Ecosystem-IoT in discrete manufacturing
4.4.2 Major technological solutions in the discrete manufacturing market
6 Application
6.1 Overview
6.1.1 Data management
6.1.2 Security 3
6.1.3 Monitoring and tracking
6.1.4 Predictive maintenance
6.1.5 Others
7 Software
7.1 Overview
7.1.1 Applications
7.1.2 Analytics & visualization
7.1.3 Middleware
7.1.5 Cloud & fog platform
8 Services
8.1 Overview
8.1.1 System Integration
8.1.2 Consulting & knowledge sharing
8.1.3 Managed services
9 Verticals
9.1.1 Overview
9.1.2 Machineries
9.1.3 Aviation and Aerospace
Know more about Report: http://www.reportsweb.com/Worldwide-IoT-in-Discrete-Manufacturing-Market-Forecasts-2017-2023
Get sample copy of the Report: http://www.reportsweb.com/inquiry&RW00011018591/sample
IoT is considered as an extension of connectivity and automation, mostly in M2M communications. Under IoT, while the sensors are responsible for the generation of data, cyber-physical systems are meant to cooperate & communicate with each other and the humans in real-time. The requirement is to decentralize the decision making across the system and facilitate the cyber-physical system to take decisions on their own.
According to Infoholic Research, the "Worldwide IoT in Discrete Manufacturing Market" is expected to reach $49.85 billion by 2022, growing at a CAGR of around 25.1% during the forecast period 2016-2022. At present, the discrete manufacturers are facing various challenges such as shorter innovation cycle, high resource volatility, customer expectations and competition in terms of differentiation. The manufacturing organizations have prioritized technology-driven innovation to address these challenges. Thus, advanced data processing technologies, analytical forecasting models, and IoT are likely to drive significant change in the manufacturing industry in the next 5-10 years.
Enquire about Discount on Report: http://www.reportsweb.com/inquiry&RW00011018591/discount
Table of Contents
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 PEST Analysis
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
4 Market Outlook
4.1 Overview
4.2 Market Trends
4.3 Market Definition
4.4 Market Segmentation
4.4.1 Ecosystem-IoT in discrete manufacturing
4.4.2 Major technological solutions in the discrete manufacturing market
6 Application
6.1 Overview
6.1.1 Data management
6.1.2 Security 3
6.1.3 Monitoring and tracking
6.1.4 Predictive maintenance
6.1.5 Others
7 Software
7.1 Overview
7.1.1 Applications
7.1.2 Analytics & visualization
7.1.3 Middleware
7.1.5 Cloud & fog platform
8 Services
8.1 Overview
8.1.1 System Integration
8.1.2 Consulting & knowledge sharing
8.1.3 Managed services
9 Verticals
9.1.1 Overview
9.1.2 Machineries
9.1.3 Aviation and Aerospace
Know more about Report: http://www.reportsweb.com/Worldwide-IoT-in-Discrete-Manufacturing-Market-Forecasts-2017-2023
Contact Information:
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Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results