IoT in Manufacturing Market is projected to grow up to USD 63.61 billion by 2027 growing at a CAGR of 9.8% during the forecasting period 2021-2027. Modern manufacturers use edge and cloud technologies to create the industrial internet of things (IIoT). Improving product quality may minimise scrap, waste, and rework while increasing production output. Affordability has enabled companies to use IoT technology to minimise resource consumption and increase overall production
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Based on Deployment, the global IoT in Manufacturing market is segmented in On-Premise and Cloud. The report also bifurcates the global IoT in Manufacturing market based on Solutions in Network Management, Data Management, Device Management, Application Management, and Smart Surveillance.
This report offers the major market player’s profiles, such as Cisco, IBM, PTC, Microsoft, General Electric, SAP, Siemens, Huawei, Bosch.IO, Atos, and others
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