IoT in Manufacturing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Market Report Covers Internet of Things in Manufacturing Companies and is Segmented by Software (Application Security, Data Management and Analytics, Monitoring, Network Management, and Other Software), Connectivity (Satellite Network, Cellular Network, RFID, NFC, Wi-Fi, and Other Connectivity), Services (Professional, System Integration and Deployment, Managed, and Other Services), Application (Process Optimization, Predictive Maintenance, Asset Management, Workforce Management, Emergency and Incident Management, Logistics and Supply Chain Management, and Inventory Management), End-User Vertical (Automotive, Food and Agriculture Equipment, Industrial Equipment, Electronics and Communication Equipment, Chemicals and Materials Equipment, and Other End-User Verticals), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

IoT in Manufacturing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Internet of Things (IoT) in Manufacturing Industry Overview

The Internet-of-Things (IoT) market in manufacturing is cohesive and coherent. The market after Industry 4.0 has started to be more attractive, as companies are opting for IoT as enablers in their manufacturing units. Moreover, the market is inclined toward fragmentation. Some of the key players in the market are Cisco Systems Inc., General Electric, Intel Corporation, IBM Corporation, AT&T Inc., Qualcomm, and Siemens AG, among others.

  • June 2022 - Elemental Machines, a leading LabOps Intelligence technology platform, and MasterControl, a developer of a next-generation manufacturing execution system (MES), announced a strategic partnership utilizing two cutting-edge technologies to assist bio manufacturers in automating manual data collection, enhancing data integrity, guaranteeing compliance, and accelerating production for advanced biologics like cell and gene therapies.
  • May 2022- The world's largest supplier of RFID and digital ID solutions, Avery Dennison Corporation, and the Internet of Things pioneer, Wiliot, announced a strategic alliance to expand the IoT to the next level and usher in a new era of IoT that benefits people and the environment.

Internet of Things (IoT) in Manufacturing Market Leaders

  1. Cisco Systems Inc.

  2. General Electric

  3. Intel Corporation

  4. IBM Corporation

  5. Siemens AG

  6. *Disclaimer: Major Players sorted in no particular order
Internet-of-Things (IoT) Market In Manufacturing Concentration