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China Manufacturing IoT Forecast and Analysis 2016–2020

China Manufacturing IoT Forecast and Analysis 2016–2020

This IDC study presents a five-year forecast for the China manufacturing IoT industry as of May 2016. This study reviews and analyzes the market context including both drivers and inhibitors of IT application growth, highlights the significant market development, and provides the best estimates of China manufacturing IoT spending and forecast for 2016–2020 by technologies, usage scenarios, and subverticals. Meanwhile, this study also analyzes the industry opportunity and trends and then offers advice to technology suppliers."Despite the early stage of IoT adoption, and ecosystem development, IoT in China is growing in depth and breadth as manufacturing companies formulate their IoT strategies to enhance productivity and efficiency, capitalize on emerging technologies such as cloud, big data, and mobility, and embrace digital transformation (DX). Meanwhile, the initiative of IT/OT convergence and 'digital twin' also spur the demand on IoT technologies. However, despite the opportunities, the competition is also getting fierce, which requires IoT providers to place specific focus on subverticals and usage scenarios, as well as to identify the right partners," says Yves Wang, senior research manager, Manufacturing Industry Research and Consulting, IDC China.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
IoT Spending and Forecast Across China Industries
Manufacturing IoT Spending by Technology
Manufacturing IoT Spending by Subverticals
Key Manufacturing IoT Use Cases
Market Context
Situation Overview
Manufacturing IoT Ecosystem
Drivers and Inhibitors
Accelerating Business Disruption with Digital Transformation
Government Initiatives Encouraging IoT Deployment
Digital Twin
Bring IT, OT, and IoT Together
Concerns over Data Security
Delay in Device and Connectivity Technology Standardization
Lack of Ability of Justifying TCO and ROI
Significant Market Developments
Intensifying IoT Platform Competition
The Launch of Sophisticated Analysis Services
IoT-Enabled Manufacturing Services
Growing Expectation for Edge Computing
Changes from Prior Forecast
Market Definition
Internet of Things
IoT Product Segments
Key Use Cases Definition
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