IoT in Product Lifecycle and Asset Management Market, Global Outlook and Forecast 2023-2029
The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.
This report contains market size and forecasts of IoT in Product Lifecycle and Asset Management in Global, including the following market information:
Global IoT in Product Lifecycle and Asset Management Market Size 2024-2029, ($ millions)
The global IoT in Product Lifecycle and Asset Management market is projected to reach US$ million by 2029.
Digital control systems to automate process controls, operator tools and service information systems to optimize plant safety and security are within the purview of the IoT. But it also extends itself to asset management via predictive maintenance, statistical evaluation, and measurements to maximize reliability. The IoT intelligent systems enable rapid manufacturing of new products, dynamic response to product demands, and real-time optimization of manufacturing production and supply chain networks, by networking machinery, sensors and control systems together.
We surveyed the IoT in Product Lifecycle and Asset Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IoT in Product Lifecycle and Asset Management Market, by Type, 2024-2029 ($ millions)
Global IoT in Product Lifecycle and Asset Management Market Segment Percentages, by Type
Hardware
Software
Service
Global IoT in Product Lifecycle and Asset Management Market, by Application, 2024-2029 ($ millions)
Global IoT in Product Lifecycle and Asset Management Market Segment Percentages, by Application
Aerospace and Defense
Pharmaceutical
Power
Automotive
Others
Global IoT in Product Lifecycle and Asset Management Market, By Region and Country, 2024-2029 ($ Millions)
Global IoT in Product Lifecycle and Asset Management Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
IBM
PTC
RapidValue
SAP
Siemens
Accenture
Aberdeen
Alcatel-Lucent
AT&T
Cisco Systems
KloudData
Tego
Pega
