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Global Smart Manufacturing Platform Market Expected to Grow by 18.5% During the Forecast Period, 2018-2026 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--

The "Global Smart Manufacturing Platform Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.

The Global Smart Manufacturing Platform market is expected to reach $14.45 million by 2026 growing at a CAGR of 18.5% during 2018 to 2026.

Smart manufacturing is a broad category of manufacturing that employs computer-integrated manufacturing, high levels of adaptability and rapid design changes, digital information technology, and more flexible technical workforce training. Smart manufacturing platform generally finds its application in predictive maintenance, asset management, condition monitoring, and performance optimization. It propels data insights towards the path of direct action and creates competitive advantage. Some of the factors such as increasing adoption of industry 4.0 solutions are fuelling the market growth. However, lack of skilled IoT workforce and frequent software upgrade is restraining the market growth.

Based on the Type, the Device Management segment has witnessed significant growth due to the growth in automation is resulting in the increasing implementation of IoT devices in various applications. Effective device management is essential for monitoring & maintaining the health, connectivity, and security of IoT devices. Device management platform enables users to track, monitor, and manage IoT devices.

Key Questions Answered in this Report:

  • How this market evolved since the year 2016
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

2.3.1 Primary Research Sources

2.3.2 Secondary Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Smart Manufacturing Platform Market, By Type

5.1 Introduction

5.2 Device Management

5.3 Connectivity Management

5.4 Application Enablement Platform

6 Global Smart Manufacturing Platform Market, By Deployment Type

6.1 Introduction

6.2 On-Premises

6.3 Cloud

7 Global Smart Manufacturing Platform Market, By Application

7.1 Introduction

7.2 Performance Optimization

7.3 Asset and Condition Monitoring

7.4 Other Applications

8 Global Smart Manufacturing Platform Market, By End User

8.1 Introduction

8.2 Process Industry

8.3 Discrete Industry

9 Global Smart Manufacturing Platform Market, By Geography

9.1 Introduction

9.2 North America

9.3 Europe

9.4 Asia Pacific

9.5 South America

9.6 Middle East & Africa

10 Strategic Benchmarking

11 Vendors Landscape

11.1 Yokogawa

11.2 Stratatys

11.3 Siemens

11.4 Schneider

11.5 Rockwell

11.6 Oracle

11.7 Jbt

11.8 IBM

11.9 Honeywell

11.10 GE

11.11 Emerson

11.12 Daifuku

11.13 Cisco

11.14 ABB

11.15 3d Systems

For more information about this report visit https://www.researchandmarkets.com/r/as6qtd

View source version on businesswire.com: https://www.businesswire.com/news/home/20190816005221/en/