The global IoT in Manufacturing market size is projected to reach USD 1038.8 Million by 2026, from USD 567.2 Million in 2020, at a CAGR of 10.6% during the forecast period 2021-2026.
Major factors driving the growth of IoT in Manufacturing Market size are the growing need for centralized monitoring and predictive maintenance of manufacturing infrastructure, agile production, operational efficiency, and increasing adoption of the cloud.
The study provides an in-depth global IoT in Manufacturing market size analysis along with current trends and future estimations to elucidate the imminent investment pockets. The report also provides information on key drivers, restraints, and opportunities, along with their impact analysis.
IoT in Manufacturing Market Size is Projected to Reach USD 1038.8 Million by 2026 at CAGR 10.6% | Valuates Reports
IoT in Manufacturing Market is Segmented by
Type (Network Management, Data Management, Device Management, Application Management),
Application (Industrial Equipment Manufacturing Electronic Products, Communications Equipment Manufacturing, Chemical, Material Equipment Manufacturing, Food, Agricultural Equipment Manufacturing, Other):
Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on
Valuates Reports in the
Software & Services Category.
The global IoT in Manufacturing market size is projected to reach USD 1038.8 Million by 2026, from USD 567.2 Million in 2020, at a CAGR of 10.6% during the forecast period 2021-2026.
Major factors driving the growth of IoT in Manufacturing Market size are the growing need for centralized monitoring and predictive maintenance of manufacturing infrastructure, agile production, operational