Managing a manufacturing business requires balancing the need to optimize production while keeping costs down. IoT helps manufacturers increase efficiency by making data-driven decisions in real-time to improve product quality and reduce commercial distribution of defective products, resulting in happier customers and increased profitability. The Internet of Things (IoT) is transforming many industries, and manufacturers are no exception. IoT in manufacturing is changing the way that businesses operate, reducing operating expenses and increasing production quality. IoT technologies can automate workflows, track inventory, and monitor machine health to improve productivity and reduce costs. This can increase the number of goods a manufacturer can produce and decrease the amount of wasted resources.
Market Dynamics:
Sustained economic expansion, rising young workforce and the growing adoption of smartphones and tablets for business purposes is expected to augment growth of the global IoT in manufacturing market over the forecast period. Moreover, the increasing infusion of automation in industries and government initiatives to promote technology uptake are fueling market growth.
However, the lack of a skilled workforce has been hindering the implementation and advancement of industrialization in emerging economies. This is expected to hamper growth of the global IoT in manufacturing market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global IoT in manufacturing market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global IoT in manufacturing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Cisco Systems Inc., SAP SE, General Electric, Microsoft Corporation, Intel Corporation, Siemens AG, IBM Corporation, Qualcomm, Verizon Communication Inc., and AT&T Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global IoT in manufacturing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global IoT in manufacturing market
- Global IoT in Manufacturing Market, By Software
- Application Security Software
- Data Management and Analytics Software
- Monitoring Software
- Network Management
- Other Software Types
- Global IoT in Manufacturing Market, By Connectivity
- Satellite Network
- Cellular Network
- RFID
- NFC
- Wi-Fi
- Other Connectivity Types
- Global IoT in Manufacturing Market, By Services
- Professional Services
- Managed Services
- Global IoT in Manufacturing Market, By Application
- Process Optimization
- Predictive Maintenance
- Asset Management
- Workforce Management
- Emergency and Incident Management
- Logistics and Supply Chain Management
- Inventory Management
- Global IoT in Manufacturing Market, By End-User Industry
- Automotive Manufacturing
- Food and Agriculture Equipment Manufacturing
- Industrial Equipment Manufacturing
- Electronics and Communication Equipment Manufacturing
- Chemicals and Materials Equipment Manufacturing
- Other End-user Industries
- Global IoT in Manufacturing Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Cisco Systems Inc.
- General Electric
- Intel Corporation
- IBM Corporation
- Verizon Communication Inc.
- AT&T Inc.
- Qualcomm
- Siemens AG
- Microsoft Corporation
- SAP SE
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Software
- Market Snapshot, By Connectivity
- Market Snapshot, By Services
- Market Snapshot, By Application
- Market Snapshot, By End User Industry
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Increasing technological developments in data analytics
- Constant evolution of value chain
- Restraints
- Security concerns
- Lack of infrastructure, capital, and awareness
- Opportunities
- Growing demand for predictive maintenance and centralized monitoring
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global IoT in Manufacturing Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global IoT in Manufacturing Market, By Software, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 – 2032
- Segment Trends
- Application Security Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Data Management and Analytics Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Monitoring Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Network Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2028-2032,(US$ Bn)
- Other Software Types
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2028-2032,(US$ Bn)
- 6. Global IoT in Manufacturing Market, By Connectivity, 2028-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021– 2032
- Segment Trends
- Satellite Network
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Cellular Network
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- RFID
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- NFC
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Wi-Fi
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Other Connectivity Types
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- 7. Global IoT in Manufacturing Market, By Services, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021– 2032
- Segment Trends
- Professional Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Managed Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- 8. Global IoT in Manufacturing Market, By Application, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021– 2032
- Segment Trends
- Process Optimization
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Predictive Maintenance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Asset Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Workforce Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Emergency and Incident Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Logistics and Supply Chain Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Inventory Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- 9. Global IoT in Manufacturing Market, By End User Industry, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021– 2032
- Segment Trends
- Automotive Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Food and Agriculture Equipment Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Industrial Equipment Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Electronics and Communication Equipment Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Chemicals and Materials Equipment Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- Other End-user Industries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
- 10. Global IoT in Manufacturing Market, By Region, 2020-2032, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2020 and 2032 (%)
- Y-o-Y Growth Analysis, For Country 2025–2032
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Software, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Services, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Software, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Services, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Software, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Services, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Software, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Services, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Software, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Connectivity, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Services, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2020-2032,(US$ Bn)
- 11. Competitive Landscape
- Cisco Systems Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- General Electric
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Intel Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- IBM Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Verizon Communication Inc.
- AT&T Inc.
- Qualcomm
- Siemens AG
- Microsoft Corporation
- SAP SE
- Analyst Views
- 12. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on Global IoT in Manufacturing Market” - Global forecast to 2032
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