Kenneth Research Blog

Kenneth Research

New York City, New York

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Kenneth Research

3 years ago

GLOBAL IOT IN PROCESS MANUFACTURING MARKET KENNETH
OVERVIEW

GROWTH FACTORS ASIA PACIFIC

Increased Adoption of Smart Factores and

Improved Efficency at Production Lines 4
Increasng Demand for Smart £qu pment

and Sensors all

Development
Incroamrg Adopt

KEY PLAYERS

hosl Intelbgence (Al)
of 30 Pricing

CHALLENGES
Lack of Standardization Among Devices
Complexity Associated with Data
Management and Analytics TUT
Understanding How Data from Varnous ANALYSIS BY

Sensors Affects Production Processes

~15% ~23
CAGR, 2023-2033

IE EL aE rrr

LLL
pLkk]

PRT LI

Global IoT in Process Manufacturing Market Growth to be Propelled by Growth in the Automating Processes Industry by CAGR of ~15% During 2023 – 2033

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