Information and Communications Technology ›
Semiconductor and Electronics ›
Medical Devices ›
Chemicals ›
Advanced Materials ›
Energy and Power ›
Food and Beverage ›
Biotechnology ›
Aerospace and Defence ›
Healthcare IT ›
Automotive and Transportation ›
Automation and Process Control ›
Agriculture Industry ›
Packaging ›
Pharmaceuticals ›
Building and Construction ›
Mining, Minerals and Metals ›
Analytical and Scientific Instrumentation ›
Engineering Equipment and Devices ›
Home › News Updates › Business News Daily Cites MarketsandMarkets for Key Insights on IoT in Manufacturing Market
MarketsandMarkets was mentioned as one of the major source of information for IoT in manufacturing market by Business Daily News.
Growing need for enhanced operational efficiency combined with cost optimization has led to a huge adoption of IoT technologies such as Industry 4.0, virtual reality, and augmented reality in the manufacturing industry. The global IoT in manufacturing market is projected to be valued at USD 45.30 Billion by 2022, growing at a huge CAGR of 29.0% during the forecast period from 2017 and 2022, mainly owing to the rising need for centralized monitoring and predictive maintenance of manufacturing infrastructure, latest communication technologies, increasing adoption of the cloud, and increasing number of intelligent connected devices with cost reduction.
For More Details:
https://www.businessnewsdaily.com/10395-iot-manufacturing-production-supply-chains.html
Report mentioned in the above news is,
IoT in Manufacturing Market by Solution (Network Management, Data Management, Device Management, Application Management, Smart Surveillance), Platform, Service (Professional and Managed), Application, Vertical Market, and Region - Global Forecast to 2022
Press Release:
https://www.marketsandmarkets.com/PressReleases/iot-manufacturing.asp
Share this story
How can we help you?
To discuss how our team can help you and your business achieve true results,
Get in touch with us
