Smart Manufacturing Platform Market is accounted for $2.76 billion in 2017 and is expected to reach $15.93 billion by 2026 growing at a CAGR of 21.5% during the forecast period. Some of the key factors influencing the market growth include Increase in the adoption of industrial automation and industry 4.0 solutions, support from governments of various countries for industrial automation, and increasing need for streamlined and automated data to enhance productivity. However lack of skilled IoT workforce and frequent software upgrade are restraining the market growth.
Smart manufacturing platform is associated with the concept of smart manufacturing or Industry 4.0 that enables companies to connect to Industrial Internet of Things (IIoT) emphasizing on collecting, analyzing, and making use of as much data as possible, turn data insights into direct action, and create competitive advantage. Smart manufacturing platform usually finds its usability for performance optimization, asset management, condition monitoring, predictive maintenance, etc.
Some of the key players in global Smart Manufacturing Platform market are:Amazon, IBM, Hitachi, Microsoft, Bosch, ABB, PTC Inc., Emerson, SAP SE, Fujitsu Ltd., Schneider Electric, Rockwell Automation, GE, Siemens, Telit, Cisco, Accenture and Oracle.
Read More @ https://www.openpr.com/news/2030890/smart-manufacturing-platform-market-to-witness-an-outstanding
Smart manufacturing platform is associated with the concept of smart manufacturing or Industry 4.0 that enables companies to connect to Industrial Internet of Things (IIoT) emphasizing on collecting, analyzing, and making use of as much data as possible, turn data insights into direct action, and create competitive advantage. Smart manufacturing platform usually finds its usability for performance optimization, asset management, condition monitoring, predictive maintenance, etc.
Some of the key players in global Smart Manufacturing Platform market are:Amazon, IBM, Hitachi, Microsoft, Bosch, ABB, PTC Inc., Emerson, SAP SE, Fujitsu Ltd., Schneider Electric, Rockwell Automation, GE, Siemens, Telit, Cisco, Accenture and Oracle.
Read More @ https://www.openpr.com/news/2030890/smart-manufacturing-platform-market-to-witness-an-outstanding
No comments:
Post a Comment