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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
IoT Connected Machines Market Analysis
Based on the type, the IoT connected machines market can be segmented into hardware, software, and service. On the basis of application, the market is categorised into aviation, oil and gas, automotive, power generation and utility, transportation, and manufacturing, among others. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global IoT connected machines market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Dell Technologies, Inc.
- Schneider Electric SE
- ABB Ltd.
- B&R Industrial Automation GmbH
- General Electric Company
- IBM Corporation
- Cisco Systems, Inc.
- Others
IoT Connected Machines Market Report Snapshots
IoT Connected Machines Market Size
IoT Connected Machines Market Share
IoT Connected Machines Market Analysis
IoT Connected Machines Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is assessed to grow at a CAGR of 15.20% between 2024 and 2032.
The major market drivers are the rise in adoption rate of IoT connected machines in several industries, and advancements in IoT technology.
The key IoT connected machines market trends include the rising support by various governments for the development of strong IoT networks, prevalence of 5G networks, and usage of IoT connected machines in manufacturing.
The various types of IoT connected machines include hardware, software, and service.
The different applications of IoT connected machines include aviation, oil and gas, automotive, power generation and utility, transportation, and manufacturing, among others.
IoT connected machines refer to a network of physical machines and devices, among other equipment that are connected employing the Internet of Things (IoT).
The major players in the market are Dell Technologies, Inc., Schneider Electric SE, ABB Ltd., B&R Industrial Automation GmbH, General Electric Company, IBM Corporation, and Cisco Systems, Inc., among others.
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