Enterprise IoT Market report published by Value Market Research, which studies the future outlook of the market. It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2022-2028.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the enterprise iot market include Amazon.com Inc, Cisco Systems Inc., IBM Corporation, Intel Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Siemens AG, PTC Inc., Robert Bosch Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The Main factor driving the demand for enterprise IoT is the application of enterprise IoT in numerous industries, such as manufacturing, agriculture and utilities for inventory and resource management. The rising recognition of the importance of enterprise IoT deployment for remote administration services, operational intelligence generation, and remote monitoring is surging the demand for this market. In addition, continuous innovation and improvement in technology, including Bluetooth, Wi-Fi, Zigbee etc, are expected to boost the growth of this market. Companies are focusing on producing and launching advanced IoT solutions to enhance the demand for this market. Additionally, increasing government initiatives to support enterprise IoT technology is expanding the demand for enterprise IoT in the market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of enterprise iot. The growth and trends of enterprise iot industry provide a holistic approach to this study.
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Market Segmentation
This section of the enterprise iot market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
- Hardware
- Software & Solutions (Surveillance & Security, Network & Connectivity Management, Data Management, Application Management, Device Management)
- Services
By Enterprise Type
- Small & Medium Sized Enterprise
- Large Enterprise
By End-Use
- Manufacturing
- Oil & Gas
- Utilities
- Transport
- BFSI
- IT & Telecomm
- Healthcare
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Enterprise IoT market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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Market Research Future prophesies the scope of the global enterprise IoT market.
The global enterprise IoT market 2020 is slated to expand up to USD 58 Billion by 2023, at 26% of CAGR over the prognosis period (between 2017 and 2023).
The market is witnessing the stellar growth from factors such as residential and commercial smart electricity metering which could fuel IoT adoption among utilities in the coming years.
The key driver of the growth of the IoT enterprise market is the emerging need for digitization and rising cloud platform adoption.
Progressing wireless networking infrastructure is also another significant factor accountable for driving businesses' success in the IoT industry.
Competitive Dashboard The major players in the global enterprise IoT market are Microsoft Corporation (U.S.), Intel Corporation (U.S.), Cisco Systems, Inc. (U.S.), Oracle Corporation (U.S.), Amazon Web Services, Inc. (U.S.), Google Inc. (U.S.), Hewlett Packard Enterprise (U.S.), Verizon Communications (U.S.), Bosch Software Innovations GmbH (Germany), IBM Corporation (U.S.), and others.
Market HighlightsIn this rapidly changing world of technology, enterprise IoT market is projected to show major growth prospects during the forecast period.
Major factor driving the enterprise IoT market is the rapid digitalization and increasing adoption of mobile communication devices.Segmented AnalysisThe global enterprise IoT market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World.
This is owing to the presence of large number of established key players like IBM Corporation, HP, Cisco Systems and Amazon Web Services in that region.In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity.
Reduction is costs of connected devices is another major factor driving the growth of enterprise IoT market in the region.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4245The Enterprise Iot Market is growing rapidly over 26% of CAGR and is expected to reach at approx.
Avail the in-depth table of content TOC & market synopsis on “Enterprise IoT Market Research Report-Forecast to 2027”.
Enterprise IoT Market SegmentationThe enterprise IoT market has been segmented on the basis of component, platform and enterprise type.
Market HighlightsIn this rapidly changing world of technology, enterprise IoT market is projected to show major growth prospects during the forecast period.
Major factor driving the enterprise IoT market is the rapid digitalization and increasing adoption of mobile communication devices.The global Enterprise Iot Market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World.
This is owing to the presence of large number of established key players like IBM Corporation, HP, Cisco Systems and Amazon Web Services in that region.
Reduction is costs of connected devices is another major factor driving the growth of enterprise IoT market in the region.The Enterprise Iot Market is growing rapidly over 26% of CAGR and is expected to reach at approx.
Avail the in-depth table of content TOC & market synopsis on “Enterprise IoT Market Research Report-Forecast to 2023”.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/4245Enterprise IoT Market SegmentationThe enterprise IoT market has been segmented on the basis of component, platform and enterprise type.
It follows a platform based approach and helps in integration of new services and solutions into the company’s existing architecture.
Operations expenses contribute a lot to manufacturing costs.
With a proper asset management system in place, the high expenditure can be controlled.
Traditional or modern or the highly advanced – the key to profitability in Manufacturing (both product and process manufacturing) is in the most productive utilization of your assets, physical as well as human.
A performance-driven company would be obsessed with quantifying, tracking, measuring, and monitoring their assets.
And, without asset tracking this is highly difficult.And compared to legacy models of asset management, IoT asset tracking is cheaper, faster, and better – giving you a competitive advantage if deployed right and quick.
Let’s see how it works.
Wipro Holmes Automation fulfills all the four categories that automation providers need in order take strategic decisions on how to play the market forces.
Automation services industry is large and diverse with providers following a multi-pronged strategy to gain market share.
