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Global IoT in Process Manufacturing Market 2016-2022: Implementation of IoT in Process Manufacturing Industry has Brought $19.21 Billion Revenue Opportunities for IoT Key Stakeholders - Research and MarketsDUBLIN, May 22, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Global IoT in Process Manufacturing Market - Drivers, Opportunities, Trends, and Forecasts: 2016-2022" report to their offering.  According to this research, the IoT in process manufacturing market will witness a CAGR of 46.3% during the forecast period 2016-2022. Understanding the various aspects of IoT in process manufacturing helps the manufacturers to address security issues, improves operation efficiency, reduces the operation costs, improves business operations & intelligent decision making, and helps to offer better customer service. It will enhance the smart features sch as smart monitoring, production integration, remote diagnosis, and predictive maintenance. Globally, IoT players are coming up with new innovations to increase the IoT adoption rate in process manufacturing industries. The market is segmented by types, applications, technology, verticals, and regions. The increasing demand for real-time monitoring applications and customized IoT solutions are the major drivers for the market growth. In addition, rising implementation of machine learning, big data, analytics, sensor technology, and cloud technology are supporting the IoT in process manufacturing market. Technologies play a key role in implementing IoT in process manufacturing industry. The major technologies covered in this report are Wi-Fi, 3G, 4G, Bluetooth & BLE, and Ethernet. These technologies assist the manufacturers in machine-to-machine communications (M2M), asset tracking & inventory management, logistics maintenance, and other processes in manufacturing plant. Wi-Fi is the major technology that is being implemented by process manufacturing players and has huge market share, growing at a CAGR of 47.7% during the forecast period 2016-2022. Companies Mentioned
Key Topics Covered: 5 Market Characteristics For more information about this report visit http://www.researchandmarkets.com/research/db7kx5/global_iot_in Media Contact: Research and Markets 
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